26 Stag Lane Closed – $2,600,000

26 Stag Lane – Closed for basically Land Value – 4.34 acres

Citi Mortgage is probably a bit relieved to get this off the books, and in foreclosure, no doubt they took a bath. The owners, had it on the market for $4,795,000 in 2008 after only owning it for a year. They bought it on 2007 for $4,250,000. 

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