- 36 Lockwood Lane
This is a very decent renovation on the rather noisy Lockwood Lane, originally priced at the unfortunate sum of $2.995 million. The owners have had four years to regret that decision and they have now marked it down to $1.495. I wouldn’t say this place was ever worth twice its current price, but it looks pretty good now. Is there highway noise? Sure – if there weren’t, it would be worth a lot more – d’uh. But at this price, I think I could learn to adjust. Assessment is only $1.114 which seems low to me but somewhere between that price and the new asking price, a deal can be found.
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Sure you don’t mean 36 Lockwood Lane? That’s what the picture shows.
Oops – I’ll fix that. Lockwood Lane indeed
That price seems silly cheap in Riverside. One could rent that house for more than the mortgage alone, assuming 20% equity. How can that not make money down the road? How does one get property taxes reduced on a recent sale?