Four contracts reported

347 Sound BeachNothing earth shaking, but some substantial prices. This one on Sound Beach Avenue reflects current trends nicely: it sold new in 2003 for $3.075, sold again in 2005 for $4.160 and has now gone to contract again with an asking price of $4.250. If the owner breaks even after living there four years he’s done pretty well, I’d say.

60 Meadow Road in Riverside, that brick home across from the fountain, is again under contract after its first deal fell apart last summer. Same asking rice, $3.895.

361 N. Maple, asking price of $2.1 has found a buyer at long last as has 19 Skylark (behind the hospital), dropped from $1.2 milion to $945,500.

And that’s it so far, though the day is still young.

5 Comments

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5 responses to “Four contracts reported

  1. Anonymous2

    what’s the 4th?

  2. Sound Beach Ave sold to an OG family which has been searching for an upgrade for a couple of years. Couple of kids at the OGS
    The deal is supposed to close in two weeks time

  3. FitterHappier

    Chris, my husband and I are tempted by what we’ve been reading on modular houses – sturdy construction, greater energy efficiency, fewer cost overruns, shorter building time, and sometimes lower building costs. What has been your experience when these houses come up for resale? Is there stigma associated with modular homes? Do the quality claims live to to the advertising?

    Really appreciate your thoughts!

  4. Xyzzy

    Go talk to the people who own homes built by mark obrien The one complaint I’ve heard is they don’t heat/ac well. Not designed for the northeast.