A Tale Of Three Tear-Downs?

Hmmm, maybe not three, but it’s a safe bet at least one of these recent deals goes to the dumpster:

6 Meadowcroft Lane: Say it ain’t so! This beautiful 1930’s masterpiece, on 8.07 acres in the 2-acre zone, reduced from $17.4M, down to $13.750M, “probably” won’t be torn down, even though we now know that oversize “lots” on this street can fetch $9,391,000.

32 Grahampton Lane : I absolutely loved this ol’ 1949 colonial, in perfect condition, but its lot size of 2.53 acres, and its location, across the street from the property above, virtually guarantees it’s a goner.

26 North Street: Reliable reports indicate this grand old Victorian, purchased by a couple from Riverside, will actually be….are you sitting down? Smelling salts handy? Wait for it…. Restored! Great GOD, almighty!

26 North Street fetches $4.275M, and sorry, demolition guy, this one's being saved. List: Linda Michonski Sell: Debby Gardiner

26 North Street fetches $4.275M, and sorry, demolition guy, this one’s being saved.
List: Linda Michonski
Sell: Debby Gardiner

4 thoughts on “A Tale Of Three Tear-Downs?

    • Anon:
      As I said, I happen to like the existing house very much, but the trend in that neighborhood is clear. People want new and BIG.
      As for the sale price, my guess is it will close at around $3,025,000.

  1. Wow. Weren’t they asking $3.7mm for that house originally? IF it goes at around your estimate, that is probably a decent deal given the location.

    Hope they keep the house.

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