me 20, dh21. Paid 214,900.00 (2003, we paid 5000.00 above asking price as we were in competition with our offer). At the time no bank would even consider us for a mortgage as dh was still in school, and my $14.00/hour job was the only income. We had a large down payment and assumed the mortgage on the property. Sold for 364,500.00 about four years later. Made a sweet profit and it is nice to have equity.