The 5,525-square-foot colonial at 137 Sycamore Street seemed poised only a few months ago to set a new record for a Somerville that was seeing some of its beefiest housing prices ever.
The 5-BR, 3.5-BA with cathedral ceilings in the main bedroom suite and a three-car garage dropped for $2,395,000 the week before Thanksgiving 2015. That asking price made it a prime candidate for besting what was then the current record-holder in Somerville: $1,725,000 for 32 Foskett Street.
Alas, it was not to be. The price for 137 Sycamore has come down steadily since November, dipping below $2,000,000 in early April and to $1,888,000 as of this month.
As for that 32 Foskett record, newcomer to the market did trump it, and recently, too: The cavernous Unit 5 at 30 Howard Street closed in late July for $1,750,000.
- Next Somerville Price Record? Giant 137 Sycamore Drops [Curbed Boston]
- Somerville’s Most Expensive Home Sale Ever: Cavernous Condo Clears $1.725M [Curbed Boston]
- Somerville Home Sales: the 10 Biggest of 2015 [Curbed Boston]