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Thursday, September 11, 2008
SEE.IT'S MORE THAN REGULAR FOLKS WHA ARE HAVING PROBLEMS SELLING THEIR HOMES
Denver Nuggets star Allen Iverson now joins Portland's Rasheed Wallace in dropping the asking price on homes listed for sale last year. Iverson lowered his price by 37 percent in the Philadelphia area, while Wallace's price went down 6 percent in Portland, Ore, reports the Denver Post.
Iverson and his wife, Tawanna, put their house on the market after the Philadelphia 76ers traded him in 2006 to the Denver Nuggets. Built in 1991, the six-bedroom, 14,000-square-foot house is in Villanova, about 20 miles northwest of Philadelphia. The four-floor French-style house has arched Palladian windows, a movie theater and a guest suite, according to the listing. The four-acre property includes a poolhouse and a stream.
The 33-year-old guard paid $5 million for the house in 2003, records show, and listed it for $6.3 million; he's now asking $4 million.
As for Wallace, the Detroit Pistons forward has lowered the price of his Portland home to $4.9 million from $5.2 million. He played for eight years with the Portland Trail Blazers before taking a six-year deal with the Pistons worth roughly $60 million.
Wallace, 33, bought the 1924 brick house, which sits on more than two acres, for about $3 million in 2000. The Tudor-style home has five bedrooms, five baths and a built-in saltwater fish tank.
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