In the curious case of the Wallabout brownstone sold off for $700K, we have a sales listing asking $2.2 million and a fuzzy paper trail pointing to the owner's fiscal irresponsibility. The "grandiose" four-story, 6-bedroom brick home had been fully renovated and it's unclear how it went to auction with an active listing, though we imagine it had to do with an existing lien of $536,492 and a lis pendens filed on a second mortgage in 2007. Public record also shows the owner was able to petition herself out of a previous foreclosure auction in 2009. [Brownstoner]
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