SOLD - 20 Frank Crescent - WYCHWOOD/HILLCREST/BRACONDALE HILL
This is a 5+2 bedroom, 3 bathroom house with 3 parking spots on a 55 x 106 foot lot at 20 Frank Crescent in Wychwood/Hillcrest/Bracondale Hill (whatever you want to call it).
It has been listed since at least March. I am not certain, but I think the asking price was $1,800,000...
Which, for a 55 foot lot, doesn't seem so crazy. But it needs a LOT of work. Basically, it's a gutter.
It is located around the corner from the house on a 40 x 120 foot lot at
that used to look like this...
When it
.
It was fully gutted, flipped, and
put back on the market in January 2016 at $2,499,000
...
I really liked the house but thought it was more of a $2,350,000 house. After some price changes, it eventually
sold 2 months ago for $2,395,000
.
This house is also located around the corner from the house on a 40 x 185.83 foot lot at
...
That was move in ready but could use some work and had room on the lot for a huge addition. It was listed at $1,675,000 in 2014. It
sold the same day I posted it for $2,080,000
...
Making it a $2,520,000 house today.
But the best deal was the house located around the corner from this house. It was a house on a 50 x 126 foot lot at
...
It was listed at $899,000 (yes, for a 50 foot lot). It
...
Making it a $1,650,000 house today.
This house that is on a very similar lot and needs a ton of work didn't sell at $1,800,000...
And so the price was raised 2 months ago...
To $2,200,000 which when you compare it to the houses above seems INSANE.
But then there is the the slightly dated but move in ready house on the 45 x 126 foot lot at
...
It was listed in 2012 at $1,349,000. It
...
Making it a $2,270,000 house today.
So, maybe not so crazy. But this house needs a LOT more work.
According to a reader, it
sold 'conditionally'. And according to MLS, it sold last week, but it was relisted 4 days ago for $2,200,000.
But it looks like those conditions from last week were met because this house is now being reported as sold as of July 5...
And the selling price was...
$2,200,000.
I will repeat what I said in the post for the sale of 16 Bracondale Hill Road...
Wychwood is about to get a even more expensive.
Like $3+ million...maybe $4 million expensive.