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Buyer pitches $300K over list price on Yarmouth home to avoid bidding war – Mainebiz

According to the wild journey of house gross sales all by way of Maine, a purchaser recently made a worthwhile supply of $315,000 over the itemizing worth on a Yarmouth house simply hours earlier than it was As a Outcome of of Exit there on the market, So as to maintain away from a bidding wrestle.

The 5-bed room, Colonial-type house at 1 Lone Pine Lane purchased for $1.71 million. Pete Molloy of Metropolis & Shore Exact Property suppliered the transaction.

“This was about good timing with A house coming to market and a purchaser who had missed out on completely different properties and acknowledged The prospect of maintain away froming a aggressive state of affairs — however nonetheless dealt with it Choose it was a aggressive state of affairs So as that it wouldn’t go to the open market,” Molloy tprevious Mainebiz. “Plus it’s An beautiful property.”

The house, on half of an acre, had purchased simply two yrs earlier, in Might 2020, for $1.05 million.

The house dates again A few century and is in turnkey situation after a renovation carried out in 2019 and 2020, Based mostly on itemizinging information.

Options embrace An monumental mudroom entry with custom-made cubbies and bench, separate en-suite space off the again of The house, interval detailing, trendy amenities, full house spray foam insulation, Anderson 400 collection house windows, new siding and roof, a multizone wrestlemthing system, further wrestlemth pumps and 27 photo voltaic panels.

“It’s …….

Source: https://www.mainebiz.biz/article/buyer-pitches-300k-over-list-price-on-yarmouth-home-to-avoid-bidding-war

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