16 Hope Farm Road, which went under contract in January, closed today for $2.2 million. It spent 471 days on the market, and was first listed for $3.395 million. Ouch. A really nice house, albeit perched in a swamp and I think at $2.2 someone got themselves a deal. Assessment is $2.345 million.
Depending on where this market goes in the next year or two, naturally.
8 responses to “Sale price disclosed”
I didn’t receive the real estate section of my Greenwich Time today. Did they not distribute one today, or is it just me?
(I’m jonesin’ for my weekly fix of Susan Nova.)
Confession: I don’t buy or read the printed version of Greenwich Time and thus miss out on their Friday real estate section. Missing from your edition, or suspended this week? Don’t know, but the latter would be an interesting sign of the Time.
just you Anon, got mine.
Thanks, Duff. I’ve been having issues with my carrier about missing sections and didn’t want to accuse him falsely.
(Just kidding about the Susan Nova jones. I swear!)
“A really nice house, albeit perched in a swamp”
Until I started reading this blog, I had no idea there was so much wetland area in Greenwich. Seems like quite a number of the properties posted here are on somewhat boggy land. When I lived there, the family manse was pretty high and dry and so were the homes of most of my friends, so I never thought much about it. OK, a couple of them had ponds in their backyard areas, but I mean, sheesh, is it that boggy or is this something new due to development?
Ex-Pat, I don’t think anything’s changed except that the good, dry land was built on first and later homes went up in marginal areas. But also, don’t forget that until the mid-70s, if you had a swamp you were free to drain it, fill, it whatever – I se a lot of land these days and think, “damn, someone should have gone at this place with a bulldozer forty years ago.” Too late now.
My mid-country neighborhood was developed in the ’50s, and a resident who grew up here during that period told me that a “river” used to run through the 2+ acre property next to mine.
Well, someone must “have gone at this place with a bulldozer forty years ago” because there’s no trace of that river anymore. (I’m sure the term “river” was an exaggeration, but that’s what he said).
From what I’ve observed, though, (nosy neighbor that I am) the various owners since must have spent a fortune on water problems over the past 30 years I’ve lived here. And still, every time we get a heavy rain, it looks like they have a small pond over there.
So, CF, it seems that water will have its way, come hell or big bulldozers
You can hide it, but it will run