31 Chapel Lane, Riverside (and when have you seen a price cut in Riverside? Must be serious), from $2.295 then, $1.995 now. Sold for $2.270 in 2004. I’ve somehow missed seeing this house, but Chapel’s a decent street, albeit with noise.
5 Knollwood sold for $2.850 million in 2006, asked $3.995 million back in May, wants $3.195 today. There were some improvements made after that 2004 purchase, so even at full price, this won’t be much of a home run.
15 Reynwood is now at $13.750 million after being for sale since 2007 (!), when it asked $23.9 million. Still offering a mere 2% commission which might have made sense when its deluded owner thought he’d be getting $24 million, but after all these years he’s going to need the cooperation of every agent in town to find a buyer for a property no one has wanted in six long years.
122 Clapboard Ridge will accept $3.6 million. The listing says it was built in 1998, in which case its caveat “as is” seems odd – can a house really deteriorate that much, so badly, in such a short time? Doesn’t inspire much confidence in the builder, certainly. Judging from its mortgage debt, there are a couple of lenders out there who’d heave a sigh of relief if this fetches anything close to this price. On the other hand, who knows disappointment better than banks, these days?
And over in Byram, 3 Gamecock has not actually reduced its price, it’s just back on the market at exactly the price; $1.150 million, it’s been seeking since 2010. That s, however, an improvement from its first price of $1.498 in 2009. Four years, no buyer, and now FEMA flood zone regulations – bad combination.