Old-time residents were unenthusiastic to embrace the new order, as seen in this report a client of mine found in Town Hall today.
Daily Archives: March 24, 2014
520 North Street, asking $2.750, a 4-acre (indivisible) back lot and a gracious old renovated barn. It was asking $4.7 million back in 2008 and that obviously wasn’t the price; this one was. Gone in about a month.
Not a bible sale on Bank Street, however. 195 Bible Street, now bank-owned, is back on the market at a suggested price of $1.2 million. It went as low as $1.050 back in 2011 with the notation that that number “was just a number-we’ll help negotiate a short sale.” I don’t know whether the bank wouldn’t cooperate, which often happens, or no buyer appeared, but the owners lost their house and now the lender has it. I like Bible Street, especially up at this end of it, and an acre of land should have some value. The house? Probably not much.
37 Calhoun Drive, which failed to sell for $10.950 million, is back now at $11.950 million. Some sellers believe that buyers will respond favorably to the prospect of being beaten for failing to buy when the price was right, but except for British expatriates with a taste for flogging, that’s never seemed to be a great strategy.
Nice house, though.
39 Duncan Drive, in Baliwick, asking $899,000, reports a pending short sale. Owner paid $1.150 for it in 2005 which, in retrospect, seems ill-advised.
One Indian Chase Drive, one acre, 1913 house, $20 million. I have my doubts.
122 Old Church Road is technically a new listing, at $6.5 million, but in fact it’s been kicking around since March, 2012, when it was asking $10.750 million. I didn’t much like its price back then – in fact I suggested it would never sell close to it, but this new price should help its prospects. Lovely, grand old house 3, probably-indivisible acres high up on a good street. A promising combination, if money is put into the house itself and not its purchase.