Pending on Taconic

69 Taconic Road, currently priced at $4.495 million. Purchased for $.750 million in March,. 2024 from Chase after foreclosure, the owner fixed it up (it needed it) and put it back in the market that August at $4.750 million and stuck to that price for a year, after which the listing expired. He tried again two months later,this past May at $4.550 million, and, finally , dropped it to the present $4.495. We’ll see what the final closing price is.

I’ve written about this house in the past:

Bidding wars

(March 19 2024)
69 Taconic Road, $1.595 asked, $1.750 got. Bank-owned and long vacant, the defaulting borrower paid $1.7 million for this property in 2000 and later borrowed $3 million against it from — who else? — Washington Mutual. The foreclosure began on June 20, 2016, and has dragged out until now. Connecticut’s foreclosure process is insane.

(The original foreclosure complaint can be read here)

And again last August:

No one's gonna steal MY house!

69 Taconic Road, bought out of foreclosure on March 19, 2024 for $1.750 million, was quickly renovated and put back on the market in August for $4.750. That listing expired, price unchanged, March 1st, and it’s back on today, new broker, same price, $4.750.

Photo from its foreclosure days: