Last year, when I called the owner to see whether they were interested in re-listing it, they told me that they decided to re-build it…
Even with a location that is what is currently trending – close to town, transportation and everything else…to build a $8M+ house on a corner lot with the goal to flip it, takes guts. But they did it and after 135 days, they got a deal…and it closed for $8.2M on an asking price of $8,950,000.
This was then – expiring at $4,385,000 – 4 bedrooms, and a little over 3500SF:
There’s no prior sales history on the MLS – so we assume that the owners build the house…mostly land value. The town has it valued at approximately $742K and it was listed 50 days ago for $879K
Sellers bought this in the 2005 wave for $2,970,000 – so considering their less than propitious timing, they should be pleased.
I love the exterior style of this house – a sucker for romantic properties – although it was built in 2005 – It’s been on the market for just over a year – and it began it’s journey at $6,495,000 – they bought the “lot” for $2,400,000 in ’04 and the market responded close to where the town has it valued…
Just on the market for 51 days – it started at $1,195,000 – most everything at a million or lower just goes quickly
Last but least – the bargain of the day! Someone got a great in town property (in my opinion) I am not sure at this price if they got the furniture as it had been listed as furnished – which was very relevant – transitional style….