The seller pd $325,000 in 04 for this house. Think they did ok!!
As a realtor, you should be able to do better research than this.
The seller paid $325k for the raw piece of land, not the house. Don't your know the market?? No house in Watercolor ever sold for anywhere close to $325k--not even the condos originally sold for that low a price.
When you add the cost of the land to the cost per square foot to build the house, the seller broke even at best. In all likelihood the seller took a loss on the investment when considering the cost of the land, the cost of the house and the carrying costs since 2004.