Expired unsold today – guess that happens when you pay $31 million for a property and then jack up its price to $55 million for resale. But here’s a curious thing: the tax records seem to show an assessment of just $1.637 million. Could that possibly be true or is this a misprint? I don’t know.
UPDATE; A reader says that the assessment is $17 million, which seems more accurate (probably its full market value)
You’re looking at an accessory parcel or something for that address. The place is assessed at $17.4 million.
Well, Christopher. We all remember her famous “taxes are for little people” line. Perhaps, even in death, she’s able to escape most of the taxman’s wrath by having an assessed value way below market? (OK; somewhat below market?)
Chris – we can only hope the assessment is correct. And speaking of the “1 percenter’s”, whatever happened to 6 Wyckham Hill Lane ? Did the broker bonus get the deal done ?
According to my records, the property is assessed under six separate accounts with a total 70% assessment of $26,327,350. The 100% assessment is $37,610,500. The total land area is 40.26 acres and the purchase price in October 2010 was $35,000,000.
I appreciate the correction but one minor adjustment – sales price was $31,000,000. I believe.
I haven’t checked the deed, but Assessor’s records list a separate assigned price for each parcel ranging from $1,294,000 to $23,919,200 with a total purchase price of $35,000,000.
Which one’s the dog?
The “dog” is a vacant , 4.29 acre parcel listed as 6 Close Rd. 70% assessment – $1,418,130, 100% – $2,025,900. Sale price listed as $1,294,000. The price assignments for each parcel are arbitrary, probably set by the lawyers.
which plot is she buried in? i’m not bidding on that one. thanks.
Pete…Actually, I was asking relative to the illustration above, not any dirt parcel.
By “dirt parcel”, are you referring to the late Queen of Mean?
I think which one’s the dog is obvious. That little white furry thing is kind of cute.
Take your choice!
I remember when the place had 300 acres of property attached to it and the name on the mailbox was A B Dick. No idea who he was but I remember the IRS caught up with him; he had a heart attack and died; Southeby’s auctioned off the contents. I still have the catalog. Here, I have it right in front of me: “The Contents of Dennellen Hall, Saturday, September 20, 1975 at 10:00 am to 2:00 pm”. Quite a circus out there at the old Topping estate: cars were parked all over the lawn –I’ve never seen more greyish green XJ6s and tan 420 sels (the preferred colors of understated wealth) in one place in my entire life. Many items were on view inside and being auctioned off outside under tents. I couldn’t believe how people were tripping over each other to outbid each other to pay thousands of dollars for many of the smaller, worthless pieces of junk. It made for an entertaining morning out on the town.
A.B. Dick invented the dictograph
What did happen to the Wyckham??