I was curious to see if any houses in the Thousand Oaks area are going up for auction, and I found 2235 Willowpark Court on ushomeauction.com.  The site doesn’t have much information, but apparently this house will be auctioned on August 26th.  Next I went to Zillow to get some information.   Here’s where I’d love to get some input from industry professionals/experts.  This house has a sales history of:

04/12/2007: $571,000
02/24/2005: $593,000
02/15/2002: $340,000
05/02/1996: $208,500

Does  mean that this house was foreclosed on by the lender on 4/12/07?  Or did a homeowner buy it on 4/12/07 and it is already being put up for auction?  What other possibilities are there here?  I’m sure that the purchaser on 2/24/05 was happy that they lost $22,000 on this house in just over 2 years’ of ownership.