Two properties sold last week in Tom Nevers that are next to one another – 120 Tom Nevers Road sold for $3,550,000 and 122 Tom Nevers Road sold for $1,995,000. So – why the $1.5 million difference in selling price? Both had 3 acre lots and large homes with 5 bedrooms and 5 baths. Both had swimming pools and direct ocean frontage. The assessed value for 120 Tom Nevers Road is $3,640,900 and for 122 Tom Nevers Road it is $2,765,700. The discrepancy is likely a reflection of the quality of the homes and the motivation level of each seller.
120 Tom Nevers Road, Listed for 96 Days, Sold for $3,550,000
122 Tom Nevers Road $1,995,000, Listed for 448 Days, Sold for $1,995,000