The new-construction single-families at 2836 S Lock St and 2841 S Broad St in Bridgeport, arrived on the market on February 18, 2006, and haven’t gone anywhere since. That’s right: They’ve been on the market for 1,839 consecutive days.
The homes were a part of the Riverside Homes development, a community of 37 single-family homes and townhomes built by DeGrazia Development. One was originally listed in the $570s, another in the $590s, but both have dropped in price five times since, and are currently listed at $485,000 apiece. For the sake of comparison, the median price for the neighborhood’s new single-families is closer to $390,000, and the median for all its single-families, regardless of age, is almost $400,000.
Each one has more than 3,000 square feet, three bedrooms, 3.5 baths, a den, and a finished basement. They’re at the drywall stage, allowing a buyer to select from finishes at the time of purchase or simply purchase them as-is.
Joseph Liberti of Vision Group, which has marketed other DeGrazia developments in recent years, has the listings.
In 2010, two similarly sized Riverside Homes sold at $475,000 apiece. Three of the development’s 2,400 square-foot townhomes also sold for $370,000, $380,000, and $454,000.
Way back in September 2007, Kate Hawley toured the model at Riverside Homes. You can see some of her visit in the video below.