42 Will Merry Lane, $1.990 million on original asking price of $2.850 – oops! I liked this house and at this price, someone got an excellent buy. I’d thought it might sell for $2.1 – $2.3 million but perhaps that original price was so high that it drove the ultimate selling price down. It happens, even though it’s impossible to measure.
A case in point might be 22 Pilot Rock, which sold today for $6.2 million after coming on the market oh-so-long-ago in 2009 at $12.5 million. This is one of the prettiest waterfront views in Riverside and I’d have thought it should have gone for more. But Bridal Path, down the street, also sold in the low $6′s. Regardless, it sure wasn’t worth $12.5. So it goes.
21 Roosevelt Avenue in Old Greenwich sold for $1.860 million, asked $2.495 in 2006 and subsequently rented out when it didn’t sell. Awfully small, okay street.
12 Druid Lane in Riverside reports an accepted offer, asking $2.995 from $3.295 originally. This house asked $3.695 when it was newly built in 2007 but only fetched $2.825 when it finally sold in 2008. I’d guess it’s going for just a bit more than that 2008 price, but we won’t know until it closes and the sales price is disclosed.