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See the home at Apple Valley Court

| Friday, Mar 28 2008 4:43 PM

Last Updated: Friday, Mar 28 2008 5:03 PM

11706 Apple Valley Court

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11706 Apple Valley Court in northwest Bakersfield.

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11706 Apple Valley Court

Sold for: $200,000 on Feb. 6

Last sold for: $315,000 in October 2006

Square Feet: 1,482

Bedrooms: 4

Bathrooms: 2

ZIP code: 93312 (northwest)

Home history:

• The first owner bought for $295,000 from Irvine-based homebuilder Standard Pacific Corp. in April 2006.

• Six months later, in October, the owner sold for $315,000.

The second buyer appears to have received 100 percent financing, with records showing a first loan for $252,000 and a second for $63,000 borrowed from Bakersfield-based Signature Home Lending.

• Little more than a year later, the home was foreclosed on. At the time, the borrower owed $272,162 on the primary loan alone.



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