From foreclosure to you

100 Doubling Road went via strict foreclosure to Chase last December, and has been placed back on the market today at $4.295 million. That’s better than the $7.150 the former owner was asking in 2014, and perhaps this will prove to be the right price.

UPDATE: Out of curiosity, I ran a search for houses built in 2000 and later, in the Central/North Street school district, priced between $3.5 million and $5 million. There are 18 active listings in that range, most of which are roughly comparable to this one. Expanding those price parameters, there are 10 more in the $5-$5.9 tranche. While most of those $5+ homes offer more than this one, I might be worried if I were the owner of one of them, because there’s not that much difference in house, but there’s a large difference between, say, $5.9 and $4.1 ish.