106 Parsonage Road, listed June 13th and which held its first broker open house just yesterday reports an accepted offer. Asking $2.875 million. Given its rather limited yard and dated interior I was not tempted to include this one in yesterday’s discussion of good values in the $2.5 million range but somebody obviously thinks I should have.
Another house in the $2′s has an accepted offer, 15 Wilshire Road up near the real Evil Princess, Leona Helmsley’s place. This one’s been kicking around for years, starting at $3.499 back in 2008 but it’s been rented most of that time so the owners had the luxury of time and only recently reduced its price to $2.895. Assuming a normal discount from the asking price, someone’s getting a decent deal on a house with four acres, a pool, five bedrooms and a physical condition that the assessor describes as “good’. Assessors are generous like that; justifies the tax burden, I suppose.
And in the “If a tree falls in the forest and no one hears … department”, 555 Riversville Road has dropped the price of its 33 acres from $17.9 million to $16 million which doesn’t strike this plebian as a large enough drop to make a difference but perhaps it will to someone who can actually afford it. Great meadows, incredible views, it sold in a bidding war back in 1999, garnering $10.8 million on an asking price of $9.5. Those were the days. Of course, what’s changed about this land since 1999 to make it worth so much more? Judging from its failure to sell, nothing.