Brad Miller, the seven-footer who did two tours of duty with the Chicago Bulls, has reduced the asking price on his former home in Highland Park to $1.199 million. He made the 4 percent price cut on September 30th, just 28 days after the home went on the market with an asking price of $1.250 million.
At the new asking price, Miller, who now plays for the Houston Rockets, is asking 10 percent more than he paid for the house in March 2009. According to his agent, that’s because the purchase price doesn’t reflect the total Miller spent on the house. “When he bought, it was almost in short sale [status],” says Mary Jane Serene of Keller Williams. “It wasn’t finished, and there were a lot of things he had to put into it”—including cabinetry in the extra-large master closet (it’s above the two-car garage and has the same footprint), laundry appliances, a backyard fence, a patio, and basement carpeting. “And he’s leaving the big-screen TV that he put in,” Serene adds.
The house has five bedrooms, five-plus baths, and stands on a lot that is just over a quarter of an acre. It has two stone fireplaces and a wrought iron and wood staircase that leads to a second-floor galleria, as you can see in the listing photos. Miller bought the house new from its builder, who bought the lot in 2006 for $440,000, according to the Lake County Recorder of Deeds, and then demolished the former home on the property. The new house was originally priced at $1,399,900 in July 2007 but had been cut to $1,099,995 in January 2009. “It wasn’t a short sale yet, but it was headed back to the bank,” she says. “Brad paid what [the builder] owed the bank.”
Serene would not disclose what Miller spent to finish the house. Miller, who played for the Bulls from 2000 to 2002 and again from 2009 to 2010, was single when he bought the house; last summer he married his fiancée, Abby Robinson. I could not reach Miller for comment.
3 months ago