Owned by the same family since 1993. But they refinanced for $180,000 in 2005. Perhaps to remodel the home?
The house went into foreclosure. The bank sold it recently in this condition for $50,500.
We’re not seeing any renovations so far.
None of the $180,000 was spent in the kitchen.
Or in the bathroom.
The bank disclosed to buyers that repairs are needed to the room addition. Building permits probably needed too.
The bank also said the house has termites and roof problems.
The investor buyer could spend $50,000 and really fix up the place. Too bad the previous owners didn’t.