After several aborted deals, 26 North Street got a contract and a sale all in 24 hours and closed today at $4.250 million. It’s unclear to me whether that price includes both lots, which together were once priced at $5.695, or just one but either way, this one’s gone.
12 Sherwood has an accepted offer, last asking price $1.450 million. The seller paid $1.650 for it in 2002. It was put back up for sale in March, 2011 at $2.990 million and that struck me as a tad excessive because, at least so far as I could tell, nothing significant had been done to it since 2002. $1.450 was more appropriate and four brokers and countless price cuts later, that’s where it landed. Given the mortgage loaded onto this place it won’t be a happy closing (for the seller or her lender) but that’s not the buyer’s concern. I have a number in my mind for the final sales price, one I suggested to my own clients when we viewed this place last fall, and it’s not $1.450. We’ll see how close I was when this closes and its selling price is disclosed.
Two “new” listings are really just old homes coming back with new brokers and new prices.
207 Old Mill Road is now offered at $3.095 million, which may finally prove the charm. This is a very nice house but I could never sell it when it started in 2005 and $5.450 million (!) and even at its various other iterations, each slightly lower that the rest. No sale in eight years seems to have finally driven some sense into the owner and at this price, it might just sell. A good house with a bad price is just a bad house. Looks better now.
5 Kernan Place, Old greenwich, is also back at a new price, $3.595, which is better than its original $4.450, set in August, 2011. Again, a decent house, but absolutely no yard (it backs up to Innis Arden Golf Club so it at least has views) and a hefty price tag.