Cincinnati Real Estate

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Kathy S. Koops GRI

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Carson Palmer’s Property in Indian Hill

filed under: Cincinnati Ohio posted on May 18th, 2011

Carson Palmer- Listed by Steve Sylvester of Comey & Sheperd

Listed by Comey & Shepherd Real Estate

Lots of coverage by the local media about the “pending sale” of the home in Indian Hill belonging to Cincinnati Bengal’s quarterback Carson Palmer.

The story has generated interest on 2 levels- where one level is of huge interest to Bengal’s Fans and the other is the short time it took to sell the property as well as speculation about the selling price.  I’ll let the media cover the sports side of the story and give you a few facts about the real estate story.

The property was listed in the Multiple Listing Service of Greater Cincinnati for $2,100,00 and was under contract within 47 days.  And like most real estate deals the sale price will not be known until the property closes and title is transferred to the new owner(s).  This usually occurs 30 days after the pending date (lots of exceptions to 30 days).  Prior to closing  -inspections, financing and other contingencies will be handled.

As for the news media labeling Carson Palmer a “motivated seller”- the list price was just slightly higher than the sale price in 2003.  So Mr. Palmer was well advised by his agents, Steve Sylvester and Shelley Hines, pricing the property to capture the next buyer looking in that price range.

Stay tuned to find out the actual sale price of the property.  As far as the “other story” about Carson Palmer and the Bengals- well tune into your favorite sports source.

  1. Michael Gray

    Kathy, Nice explanation! Should also be noted that they put a good amount of effort and $$ into the “presentation” of the property as well.

  2. Kathy Koops

    Good point-but I have no information indicating the property was staged.