sold properties for friday october 18

Holding out sometimes works for sellers – other times, not so much….and the buyer often doesn’t know what’s going on with the other side.

20 Oak Dr

Oak Drive – on market since 2011 – starting at $2,340,000 – closing after 441 days, for $1,950,000 – not so bad…. .71 acres. 2800+ SF. It’s a ranch, but it’s in Riverside.

145 Porchuck
On the other hand, the sellers for 145 Porchuck bought the property in 2006 for $3,100,000. It was listed with a different firm for $3,295,000. The listing broker at the time wrote that it was located “off Round Hill Rd” – it actually sits on the corner of Riversville (which is also a great street – in my opinion – but doesn’t command the usual rhetoric of being surrounded by estates) Round Hill is a half a mile away – REALLY? 
It is a great home, with good space, nearly 4000 SF and a pretty 2 acre lot. It closed yesterday for $1,740,000. It had been brought back to market in 2011 for $2,500,000. The sellers must not be pleased, but I am sure that the buyers are thrilled.

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