Little house with not so little losses, was the last sale the foreclosure? Beats me!

5838 Eagle Cay Ln Coconut Creek, FL 33073 MLS ID# H848193

● New this week!
● Property Owner LASALLE BANK NATL ASSN TRSTEE
● 3 Bed, 2 Bath
● 1,473 Sq. Ft.
● 0.07 Acres
● On the MLS at $209,900

Sales History:
05/12/2008 $294,300
05/31/2005 $315,000
10/12/2001 $152,000
11/26/1996 $112,500

Sales history is classic of the bubble! If we assume a value growth rate of 5% per year since it was built (just to speculate) the value of the home would be about $180,000 not adjusted for inflation. Of course 5% growth is just guess work given how undesireable living out in western sprawl with nearly zero public transport (busses that come a few times an hour would be all) and little to nothing walkable the growth might be nothing or even negative with every dollar fuel prices rise.