Sold on North Street

504 North Street closed at $6.1 million on an original April ‘20 ask of $6.995. Close enough: the sellers paid $5.8 for it in 2013.

I never particularly liked this house or its location, but that distaste was influenced by my distrust of what was happening to our real estate market back in the 2000-2007 era. The builder of this pseudo-castle (the listing claims 16,758 sq. ft., the town measures it at 11,536 but who ya gonna believe, a realtor, or some lyin’ tax assessor?) paid $3.5 for the land in ‘04, erected his masterwork and priced it at $11.795 in 2007. Not satisfied with the market’s response, he raised the price to $12,960 later that year. Only when reality hit him upside the head in the form of a foreclosure suit did he begin to get real, and even then, it took until 2013 to pry it from his cold, stiff fingers for the aforesaid $5.8.