In all honesty there are probably some perfectly reasonable official records that somehow got parsed incorrectly to give us this abomination.
My bet is that a developer bought up a huge chunk of land, and built these subdivisions on it. The roads, houses, and strip were all originally part of that property. That tiny strip is an easement owned by the HOA. It is not, nor will ever be, for sale. However Zillow didn’t know what to make of it, so just listed it as a land property and then applied its normal value calculations to the strip.
In all honesty there are probably some perfectly reasonable official records that somehow got parsed incorrectly to give us this abomination.
My bet is that a developer bought up a huge chunk of land, and built these subdivisions on it. The roads, houses, and strip were all originally part of that property. That tiny strip is an easement owned by the HOA. It is not, nor will ever be, for sale. However Zillow didn’t know what to make of it, so just listed it as a land property and then applied its normal value calculations to the strip.
It’s listed by a realtor and the asking price is $25K. I don’t think it’s Zillow not knowing what to do, which makes this more interesting.