By adamg on Wed, 03/25/2009 - 2:30pm
The good news: He's reduced the price of his Medfield estate by 37.5%, so it's priced to moooove. The bad news: That means it's still going to set you back $5 million.
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Comments
McMansion?
They call it a McMansion. That looks more like a legit mansion to me.
McMansion
Looks like if this sells for 5 million Schill will have lost money on the deal. Looks like he put down 1.5 mil in '04, and took that cash out of the house with a second mortgage in '07. Could he be thinking of walking away and letting the bank have it? Here is the public record data:
Location & Ownership Information
Address: 7 Woodridge Rd, Medfield, MA 02052-2526
Map Ref.: M:0032 B:0000 L:0087 Zoning:
Owner 1: Curtis Schilling
Owner 2: Shonda Schilling
Owner Address: 2000 Market St 10 Fl,Philadelphia, PA 19103
Property Information
Use: 1-Family Residence Style: Contemporary
Levels: 0 Lot Size: 26 Acres (1132410 sqft.)
Year Built: 1997 Total Area: 18773 sqft.
Total Rooms: 20 Living Area: 7981 sqft.
Bedrooms: 7 First Floor Area: 5104 sqft.
Full Baths: 5 Addl Floor Area: 0 sqft.
Half Baths: 3 Attic Area: 0 sqft.
Roof Type: Hip Finished Basement: 0 sqft.
Heat Type: Forced Hot Water Basement: 4181 sqft.
Fuel Type: Oil Basement Type: Partial
Exterior: Wood Side/Shingles Attached Garage: 0
Foundation: Other Garage: 0
Air Conditioned: Yes Fireplaces: 4
Condition: Good/Very Good
Assessment Information
Last Sale Date: 1/23/2004 Last Sale Price: $4,500,000
Last Sale Book: 20468 Last Sale Page: 358
Map Ref.: M:0032 B:0000 L:0087 Tax Rate (Res): 12.8
Land Value: $1,743,100 Tax Rate (Comm): 12.8
Building Value: $2,178,000 Tax Rate (Ind): 12.8
Misc Improvements: $0 Fiscal Year: 2008
Total Value: $3,921,100 Estimated Tax: $50,190.08
Sales History
Recent Sale #1
Sale Price: $4,500,000 Sale Date: 1/23/2004
Buyer Name: Curtis Schilling Seller Name: Drew Bledsoe
Lender Name: Citimortgage Inc Mortgage Amount: $3,000,000
Sale Book: 20468 Sale Page: 358
Recent Sale #2
Sale Price: $275,000 Sale Date: 6/17/1996
Buyer Name: Healy Properties Inc Seller Name: Woodridge T
Lender Name: Mortgage Amount: $0
Sale Book: 0 Sale Page: 0
Mortgage History
Recent Mortgage #1
Buyer Name: Curtis M Schilling Lender Name: Citimortgage Inc
Mortgage Amount: $1,458,000 Mortgage Date: 1/31/2007
Mortgage Book: 24505 Mortgage Page: 399
Recent Mortgage #2
Buyer Name: Drew Bledsoe Lender Name: Bankboston
Mortgage Amount: $2,000,000 Mortgage Date: 3/24/1999
Mortgage Book: 0 Mortgage Page: 0
Price keeps going down
Schill originally had the house up for $8 million about a year ago. Bledsoe's original asking price was $9 million, but that didn't last. $5 million is a steal! ;-)