New Victory Heights House Asking $1.7 Million

This week, a newly constructed house on NE 107th Street in Victory Heights went on sale for an astonishing $1.789 million price tag, a new record for our neighborhood. Described as “refined Maple Leaf living” (ha!), the 4500 square foot house boosts five bedrooms and eight bathrooms. If you put a down payment of 20% ($357,800), the mortgage would be $7,791 per month, with annual property taxes with the new valuation estimated at $17,000.  Easy-peasy if you earn $110,000 a year, don’t eat, don’t use any utilities, and don’t own a car.

The former house at 1910 NE 107th Street (courtesy Google Street Maps).

The original house at that location (see left) was an 880 square foot house built in 1941. It was demolished to make way for the new construction.