Tried to get a horse to water on this one, but he didn’t drink…shame
South of the Merritt – off Round Hill – the sellers bought it in ’02 for $3,437,5oo – it will be interesting to see what round number that they finally reached to sell it
Sellers bought it in 2000 for $575K. The listing claims renovations in 2014, but not through the whole house – kitchen, one bath and some paint here and there – so if they get close to asking price, they should be pleased. ’66 was not a banner year for great construction, and someone had a roof over their heads for 14 years.
I’d shown this property, and it is really cute, staged – and for the money, and most likely a bit less, a buyer will at least have a renovated 3 bedroom rental – or enjoy an in-town downsize themselves. They tried to get just under a million 4 years ago and gave up at $795K, and rented it for $3200 in 2010.
At least, this Georgian is consistent front and back – beautiful construction with all the bells and whistles. The sellers bought the lot in 2005, built the mansion and tried to sell it for $12,500,000 – the price went up, down and sideways before finally renting in ’09 for $28k. They tried to bring it back in 2011 for $10,495,000 and rent for $35K but they both expired. Another stab in 2012 for $9,998,000 with Luxury Properties International offering owner financing, and that still didn’t get it done…so finally, quite a few million shy of the big first ticket, someone sees a place to live.
Gregory is a road off Valley in Cos Cob, that is seeing a redux – much like some of the streets in Riverside that used to be lined with split levels. At the moment, there is a lot on the market with a house on it, 18 Gregory listed for $889,000. Interestingly the listing realtor couldn’t give me the FAR, but she has it listed both as a house and land…I’m sure that the sellers are hoping for an end user, because a builder would probably want it for $600K or less. By the way, FAR approximately is 4390 for #18 – depending on setbacks.