Local News

Price Reduced For Mike Peterson's Home

Posted December 2, 2003 2:36 a.m. EST

— The price of Mike Peterson's Durham mansion is going down.

When it first went on the market, Realtors listed the home at $1.2 million, but it has been reduced to $975,000.

Mike Peterson is serving a life sentence for killing his wife Kathleen inside the Cedar Street home.

Bargain hunters and shoppers cleared out the six-bedroom home during an estate sale in November.