What did it cost Carmelo Anthony to leave Denver?

Carmelo's House - Sold, but not forgotten!

Carmelo's House - Sold, but not forgotten!

In April of 2008, Carmelo Anthony stepped up the closing table with $12,000,000, according to public records and went home to 6965 S. POLO RIDGE Dr. in Littleton, Colorado 80128-2536.

Then just a few days ago on June 10, 2011, or a little over three years later, a sales price of

Carmelo's House - Sold, but not forgotten!

Carmelo's House - Sold, but not forgotten!

$6,180,000 was recorded to an “undisclosed buyer”.

You can easily do the math, but somewhere near $6,000,000 dollars was yanked from Carmelo’s pocket by the career move and market conditions.  Was the property ever worth $12M, was it a great deal at $6M or is this just the cost of doing business in the NBA.  You be the judge!

Carmelo's House - Sold, but not forgotten!

Carmelo's House - Sold, but not forgotten!

About Tom & Dee Cryer

Your Friends in the Homeownership Business!
This entry was posted in Buying or Selling Real Estate, Centennial, Cherry Hills Village, Colorado, Denver, Denver Housing, Denver Residential Real Estate, Greenwood Village and tagged . Bookmark the permalink.

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