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The Masked Tulip

Sold - After Eight Years

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I don't understand this - appears this house came on the market before the Irish boom, did not sell during the boom and has now been sold but in the meantime the asking price went up and up... and now it has sold for much less than its highest asking price.

Perhaps the asking price just kept silly but 7 million does not seem silly by the silly Irish asking prices in recent years?

A HOUSE valued at €7 million in 2007 has just been sold for €2.4 million, ending one of the longest-running property sagas of the decade in Dublin.

Number 19 Herbert Park in Ballsbridge, Dublin 4, a detached redbrick built in 1910, failed to sell at auction in 2002, when its guide price was €3.2 million. It remained quietly for sale through the boom and in 2007, the price had risen to over €7 million.

It has only just sold, for a figure believed to be around €2.4 million – 66 per cent less than its peak price.


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