Celtics coach Doc Rivers gets deal of the century on Boston condo buy
Aug 2011 10

Celtics coach Doc Rivers closed on the purchase of a luxury condominium home in the Back Bay of Boston.

According to Boston.com and the Suffolk County Registry of Deeds, Glen “Doc” Rivers paid $2.2 million for unit #1610 in the Four Seasons at 220 Boylston Street. Zillow.com reports that this was a two-bedroom, two and ½-half bathroom, ~1,801-square foot home. The building offers residents a spa, pool, fitness center, boardroom, 24 concierge, room service, and 24-hour hotel service.

Eagle-eyed real estate watchers will remember that this condominium was first listed for sale in June 2008 for $10 million. Yes, $10 million, or around $5,552 per square foot.

The list price was so astronomical that the Boston Herald did a story on it (there is a photo gallery of the interior on its website), and the Boston Business Journal did earlier, back when it was listed as a for-sale-by-owner at $8 million.

The owners eventually lowered the list price to a more reasonable $3.5 million when they listed it with Beth Dickerson at Gibson Sotheby’s International Realty in December 2010; eight months later, it’s been sold for $2.2 million, or $1,221, in line with other luxury, high-end condos sold in the Back Bay and Boston.

The sellers did well, after all. According to the public record, they purchased the condo in 1995 for $973,130.

Image above from Wikipedia

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