PRICE DROP #6 - 69 Old Forest Hill Road - FOREST HILL
This 6+1 bedroom, 6 bathroom house on an 80 x 200 foot lot has been listed for a loooong time.
The first time it was listed that I am aware of was in September 2010. The asking price was $7,500,000.
It's a beautiful, old Forest Hill home on a large lot, but it is dated.
In November 2010, the price was dropped to $6,500,000, then in April 2011 to $6,100,000, and again in February 2012 to $5,495,000.
When I posted it in January 2013, it was for lease for $14,000/month.
And I mentioned that I thought this was probably more of a $4,450,000 house rather than $7,500,000 (I am now thinking more like $4,850,000).
It still hasn't sold and it was relisted at the beginning of November for $5,500,000.
The price just dropped...
To $5,200,000.
Getting closer!
