Daily Archives: April 25, 2014

Price cut on Perryridge

 

Whip me, beat me

Whip me, beat me

18 Perryridge, cut to $3.995 from $4.195 million. No yard, a one-car garage, and on a street that’s never achieved this price level before – in fact, Perryridge has never seen a sale above $3 million before. There’s always a first time, of course, but I’ve long been dubious that this would be the one to do it, and said so as recently as last month, when it was returned to the market, and as long ago as August 3, 2010, when it first appeared, priced at $4.650 million. So far, no luck finding, as I put it back then, “a neurosurgeon with more cash than brains.”

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Riverside Contract

 

Convenient to transportation

Convenient to transportation

65 Summit Road, priced at $1.439 million. It went in 16 days, which presumably means it will be selling for close to its asking price. The same house sold for $1.150 in 2003, asked $1.650 in 2006, which it didn’t get, thank God, but better market, better price,  and Bob’s your uncle.

 

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Finally it sells

 

47 N. Stanwich has closed, $2.1 million. I wrote about this several times over the years, including this time in 2011. Started at $3.925 million in 2005 and even in that frothy market it was grievously overpriced.

They pulled it,added on a bit and did some renovating and returned it to the market at $3.450 in 2008 or so. It’s been in foreclosure, I believe, and certainly the years weren’t kind to it. In any event, $2.1 seems about right. Four acres of marginal land, not a terrible house. Question for back in 2005 was, what were they thinking?

47 North Stanwich

47 North Stanwich

Screen Shot 2014-04-25 at 4.05.36 PM

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Cos Cob contract

 

18 Mimosa Drive

18 Mimosa Drive

18 Mimosa Drive, asking $1.469 million. This house is in impeccable condition with a nice yard and a good location. My only surprise is that it took so long to find a buyer – I thought it was the best house in its range.

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Who would have believed it?

Despite a charming video featuring a flat-chested, squeaky-voiced folk singer and persons of various colors, Oregon’s healthcare web site has failed and the state is writing it off. The site, dubbed “the White House’s favorite plan” by WaPO, will be transferred to the federal government.

Oregon’s Obamacare exchange is set to drop its still-nonfunctional website and have the federal government run its health care marketplace, the Washington Post reports. Administration officials from the Centers for Medicare and Medicaid Services reportedly told Cover Oregon that they believe the state lacks the ability to repair the exchange itself.

Cover Oregon received $305 million in federal taxpayer funding, but its website crashed on day one and the state is still unable to support online enrollment. After several months of struggling, officials switched over to paper applications in November. Now, phone lines with questions are so overloaded that some calls won’t connect, Oregon’s KATU reports.It’s not clear whether Oregonians who have enrolled via paper applications will be required to re-enroll through a federal website for their insurance to continue into 2015.

Despite the technical meltdown, Oregon’s exchange simultaneously gained national notoriety for their costly folk-themed commercials featuring rainbows and sunshine and promising that Oregonians are “free to be healthy.”

Federal taxpayers, who spent $300 million on this fiasco without result may feel bitter, but as an Oregon spokesman assured FWIW, “they’ll always have the video.”

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Let’s hope they have errors and omissions policies in England

 

oops

oops

Couple must demolish their “dream home” after local council says it’s too wide and too high.

Their (former?) friend’s construction firm has declared bankruptcy, their architect, who assured them it was to code, refuses comment.

A heartbroken family has been ordered to demolish their dream £500,000 home – after bungling builders made it 6ft too high and 4ft too wide.

Car sales manager Andy Murray, 51, paid £164,000 for a building plot and a further £300,000 constructing the four-bedroom property.

He left the project in the hands of his architects and builders but claims they failed to follow the plans.

The builders have now gone bankrupt and it is thought subcontractors were not paid and stripped out fixtures and fittings.

The house has also been broken into and vandalised.

Mr Murray said: ‘The whole thing has had a terrible effect on my family. It is a financial catastrophe.

‘To invest all this money in a new home and lose it, and lose my old home because of the huge debts is beyond a nightmare.

‘We were never rich. But we worked hard to attain what we thought was a comfortable position. All of that is gone now and we don’t know where to turn.’

Mr Murray used Textura UK Ltd to build the house who used CRGP Ltd Architects and Surveyors to lodge the unsuccessful planning application with East Dunbartonshire Council.

John and Mary Houston, who live next door to the house, said they were ‘heartbroken’ for the Murrays.

Mr Houston, 76, said: ‘The council has been out in our garden checking it out. One official said the side wall looks like the Berlin Wall.

‘It’s tragic for Andy and his family.’

Mrs Houston, 74, said: ‘We know the house is out of place here but in all honesty we would rather it was allowed to stay.’

According to company records, the building firm Textura UK Ltd is in ‘voluntary creditors’ liquidation’ and not able to comment.

A spokesperson for the architect firm CRGP said: ‘We cannot make any comment at this time.’

 

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