21 Hearthstone holds the record for the street, selling for $3.2M in 2008. Blogger Gideon Fountain predicts that record will be beat multiple times this year.
Well, he’s at it again. Fresh from convincing some of his more gullible readers that my Jaguar had been grabbed by the repo man (unlikely, since I actually own it), blogger Chris Fountain has now weighed in on Riverside’s Hearthstone Drive and the likelihood of foreclosure actions against the poor, deluded builders who are furiously working to replace the street’s aging, 1950’s housing stock.
The reason for brother Chris’s pessimism? Why, it’s the horrendous traffic that poor old Hearthstone is subjected to, don’t you see.
Really? Is traffic that bad? I think not, but I invite curious readers to actually visit the street and see for themselves. Park over at Riverside School, somewhere on its sprawling 11.2 acre campus, and then enjoy the leisurely stroll to Hearthstone.
That stroll will likely convince you why this network of streets (Hearthstone, Druid, Hendrie, Bramble, Owenoke, and Wesskum Wood ) is so desirable to parents of young children and, therefore, smart builders.
25 Lindsay Drive started out at $9,500,000 back in October, 2011, eventually lowered to $8,900,000, now has signed contracts. I have heard, furthermore, that there were at least two bidders in the final weeks, so that’s good market news. We need activity in this elevated price range.
“Where the [darned heck] is this Lindsay Drive?”, I hear you asking. Well, it’s one of those perfectly nice streets off of North Street (west side of North Street, between Clapboard Ridge and the Merritt Parkway) that you’ve driven by numerous times but never quite noticed.
List: Julie Church
Sell: Ellen Mosher
25 Lindsay Drive: Check out the photos, damn nice job.
10 Normandy Lane, among this week’s 13 closings. Asked $5.3M (started at $5.6M), gets $4,990,000. Odd selling price..maybe a case of a buyer stamping his little foot and shouting “I will not pay 5 million!” ?
For the week, we had 13 closings, here’s the breakdown:
11 houses and condos
1 land sale
This story’s just coming across the news wire now…broker Jim Lacerenza has announced that the deal on his listing at 37 Perryridge Road has been put back together…awright!
You’ll recall it was listed originally at $3,295,000, got a deal fairly quickly, then the deal fell apart. So broker Jim puts it back on this week and cuts the price to $2,995,000 (smart). Was it the price cut? Did that do the trick? Don’t know, but I aim to find out. I’ll let you know.
37 Perryridge, “before”.
- 37 Perryridge, “after”.