Photo: 68 Richmond Rd.
A weekly recap of residential properties sold in the past seven-plus days in the “Town of Homes.”
• 68 Richmond Rd. Brick and frame Garrison Colonial (1937). Sold: $1,157,500. Listed at $1,179,000. Living area: 3,180 sq.-ft. 9 rooms, 4 bedrooms, 4.5 baths. On the market: 55 days.
Real estate is really about location. Not to say that the Garrison Colonial on Richmond wouldn’t have sold for a million plus dollars. In fact, this Depression-era building has a lot going for it – with the exception of the center-island stovetop – from the period detail, new features (beautiful fireplace), the size (3,000 + square feet with a built-out basement), a traditional floor-plan and the wonderful wall painting that greets visitors.
But it was likely begin on the sunny side of Belmont Hill and having a view of Boston from the third-floor suite (as you gaze out of, what, that roof outcrop is not a dormer or a widow’s walk. Go figure) in addition to the great lack of supply out there which resulted in this house selling for a quarter-of-a-million dollars greater than the town’s assessment. Not a bad investment since the last time the house was sold 11 years ago for $690,000.