This is interesting

[JakeRoberts_IHB]

http://www.redfin.com/CA/Mission-Viejo/23631-Valarta-Ln-92691/home/5079908

Property History for 23631 Valarta Ln

Date Event Price Appreciation Source

Feb 12, 2009 Listed $550,000 -- MRMLS #S09018610

Jan 17, 2008 Sold $200,000 -74.1%/yr Public Records

Oct 31, 2006 Sold $1,030,000 55.5%/yr Public Records

Nov 03, 2005 Sold $665,000 16.8%/yr Public Records

Sep 22, 2003 Sold $479,000 21.3%/yr Public Records

Sep 18, 2001 Sold $325,000 5.9%/yr Public Records

Aug 13, 1993 Sold $205,000 -- Public Records

 

[JakeRoberts_IHB]

anyone got any insight as to why the price dropped $800,000?

 

[freedomCM_IHB]

foreclosure auction

 

[jbenko_IHB]

anyone got any insight as to why the price dropped $800,000?

I have a very similar question, but changed one word.

anyone got any insight as to why the price increased $800,000?

 

[freedomCM_IHB]

cash out to relative (just a wild guess...) for the 11 moth $500k gain on sale.