September 27, 2007

Sold Stats on Foreclosures in Santa Ana

It’s a reality, folks. Foreclosures are everywhere. According to an article in the OC Register, “Foreclosures have spiked dramatically this year and some analysts expect a bigger jump in 2008 as teaser rates end on about $500 billion in loans to borrowers with spotty credit.” The cut in interest rates is said to not help the impact on foreclosures.

It seems one of the hardest hit areas is Santa Ana. Here’s a brief listing of foreclosures (from a Foreclosure Detail Report) I found that closed recently. Much of the data is not reflected in RedFin yet because of the properties’ foreclosure auctions.

1428 W 3rd St; 3 bed/1 bath; 1,514 sq ft

Sold price: $103,696; Sold date: 09/10/2007

Last sale: $625,000 on 10/13/2004

1750 W Willits St; 4 bed/2 bath; 1,678 sq ft

Sold price: recorded as $5,000; Sold date: 09/10/2007

Last sale: $650,000 on 07/07/2006

1224 W 6th St; 3 bed/2 bath; 1,232 sq ft

Sold price: $480,382; Sold date: 09/11/2007

Last sale: $549,000 on 01/21/2005

1429 W Civic Center Dr; 3 bed/1.5 bath; 1,644 sq ft

Sold price: $522,000; Sold date: 09/12/2007

Last sale: $675,000 on 05/03/2006

2605 W Dahl Ln; 3 bed/2 bath; 1,097 sq ft

Sold price: $486,200; Sold date: 09/07/2007

Last sale: $650,000 on 10/24/2006

1305 W Carlton Pl; 3 bed/1.5 bath; 988 sq ft

Sold price: $486,200; Sold date: 09/07/2007

Last sale: $490,000 on 10/13/2004

2119 Orange Ave; 5 bed/2 bath; 2,285 sq ft

Sold price: $486,200; Sold date: 09/07/2007

Last sale: $660,000 on 04/13/2006

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