This one sold for $850,000 in March 2007, which was the height of the craziest money.

Pseudo-banks were lending up to $1,500,000 with no down payment to anyone who asked with a decent credit score. We’ll call it the “Jenae-era”.

We’re only two years past it.

Don’t be surprised if we see more of these ‘higher-end’ properties going for half-off.  This 3,880sf house on 4.69 acres is now listed for $469,900: 

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