Thursday, November 6, 2008
When dove's cry
14324 Dove Canyon is a 2802 sq/ft 3 bed, 2.5 bath home with a pool, sitting on nearly an acre. The home is located in the Mockingbird Canyon area of Riverside. The home last sold in Nov 2005 for a whopping $670k. Today it's owned by some unfortunate bank. It's currently listed for $285k. That is a fall of 58%! A loss of $385K.
$285k sounds like a decent price for this home and it would be if there were some decent roads into it. I'm not sure how many people reading this have been in that tract. It's an absolute maze. You need GPS, a guide dog and a sherpa to find your way in and out of there. Still for a newer home (built in 2002) with a pool, on nearly an acre it looks like a decent price.
(please forgive the Price reference, it just popped into my head when I say the address)