Local News

Price Dropped For Mike Peterson's House

Posted June 14, 2004 5:05 a.m. EDT

— Realtors knocked off another $100,000 from the asking price for the former house of convicted murderer Mike Peterson.

The mansion on Cedar Street is now listed for $695,000. It was initially offered at $1.1 million.

It is the third time the price was lowered.

Last year, Mike Peterson was convicted of killing his wife, Kathleen, inside the house. He is serving life in prison.