What Sold in the $5M Range

Trending / Fewest Days on Market

1. In – town locations

2. Belle Haven

3. New Construction

 

63 John Street  – unbelievable really – close to 14 acres with two homes, (albeit one is really a gut) a carriage house and a barn. The seller, Chairman of Vista Capital Maurice Cunniffe, I believe also owns a property in Mead Point / 622 Indian Field Rd, and if you think the the $77K of taxes for John Street are high, he was listed among the highest tax payers in CT in 2011 for a property at 622 Indian Field Rd. :  http://www.businessinsider.com/connecticut-highest-taxpayers-2011-7?op=1 This article shows an aerial view of the property.

It was purchased for $12,375,000 14 years ago, in a bidding war. The list price was $12M and the current tax tab is $229K …

Screen shot 2015-01-03 at 2.18.18 PM

One of the more storied listings on this short list of 19, is 50 Zaccheus Mead – It began it’s listing journey at a much higher price $8,250,000 in 2004 – on and off and on and off.. It is a very unique “barn” – and the sellers bought it in 1997 for $1.9M. Not sure how they thought that it would fetch anything close to  $8M – and that it got over $5M – it’s 2 acres.

 

Screen shot 2015-01-03 at 12.14.10 PMScreen shot 2015-01-03 at 12.15.04 PMScreen shot 2015-01-03 at 12.16.04 PM

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