Quote:
Originally Posted by Steve Carlton
A house going from $200k to $2-4M in 20 years sounds unbelievable. How much cash did the brother get? That Aero is definitely worth less than $2M.
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It was surely undervalued but it is in what was a very sleepy little town with an extremely wealthy town close by that essentially got bought out. So there was only one way for the ultrawealthy to go. House has many acres of forest, can't be seen from road, has it's own large pond and a lot more.
And not that it matters too much, I looked at my timeline and it was 1999 that I was taking care of it for them after both parent's deaths one soon after another.
Probably similar to a lot of LA homes value deltas except this isn't a postage stamp.
I was going to post a google maps pics so you could see what I'm talking about but privacy is key.