1801 Elm is a probate sale that will be sold at an auction held at the property December 6th, 2009. What's interesting here is the MLS price of $399,000, but there's no minimum bid and no set "asking price," according to the agent notes on the MLS. The sale is "as-is" and is also subject to court confirmation. I'd guess that an overbid is also a possibility, which can muck things up sometimes. However, if there's no overbid, the auction winner is the winner.
If you're interested in the property, have your agent research the details.
Considering the listing price, I'd guess this home will generate a lot of interest
