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Title: Got an extra $4.9 mill laying around?


zeke11 - September 13, 2008 07:13 PM (GMT)
QUOTE
Wall Street Journal:  As for Mr. 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.

Mr. 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. Mr. Wallace spent more than $1 million on improvements, says listing agent Tricia Epping, with Coldwell Banker, Barbara Sue Seal Properties. Mr. Wallace and his wife, Fatima, briefly listed the house in 2006 for $5.5 million before relisting it last year, Ms. Epping says.




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