Santa Clara home 85% profit in a year, is it true?

Bay Area
1

I see this home was bought by a realtor in 2017, looks like client to himself purchase for 750k and now listed at $1382k

https://www.redfin.com/CA/Santa-Clara/2016-Stanley-Ave-95050/home/1231504

Is it true purchase or Arms length transaction?

2

Yes, was arms length. Not quite 85% profit because they put in money to rehab it most likely.

3

Parties are different people, not relative…etc. How can it be Arms Length?

4

Arms length means it is a sale based on the best interests of opposing parties. If parties are relatives, that means it’s most likely not arms length.

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