Most Expensive Lakefront Property

liketherush · 08-29-2005, 05:55 PM

I just had a few questions and comments to add to this very old thread. First I wanted to state that a 13.5 million dollar asking price doesn't mean the assessed value is anywhere near that. Houses in Rye have been known to sell for more than twice their assessed values. If anyone's interested, the assessment on this particular property can be found at www.visionappraisal.com and is actually about 5.4 million.

Now my questions are regarding the Bahre estate. Is the 9.3 million dollar value reported in that article about the largest tax payers, the value of the entire property or merely that of the building. I'm going to guess that at 35,000 square feet, it's just the value of the house although that still seems a bit low. Similarly, is the 4.7 million dollars the value of his son's home on the same estate, or does Mr. Bahre own another house elsewhere in Alton?

08-29-2005, 05:55 PM	#1
liketherush Junior Member Join Date: Aug 2005 Posts: 4 Thanks: 0 Thanked 0 Times in 0 Posts	I just had a few questions and comments to add to this very old thread. First I wanted to state that a 13.5 million dollar asking price doesn't mean the assessed value is anywhere near that. Houses in Rye have been known to sell for more than twice their assessed values. If anyone's interested, the assessment on this particular property can be found at www.visionappraisal.com and is actually about 5.4 million. Now my questions are regarding the Bahre estate. Is the 9.3 million dollar value reported in that article about the largest tax payers, the value of the entire property or merely that of the building. I'm going to guess that at 35,000 square feet, it's just the value of the house although that still seems a bit low. Similarly, is the 4.7 million dollars the value of his son's home on the same estate, or does Mr. Bahre own another house elsewhere in Alton?