32 Sawmill Lane, asking $3. 195. Sellers paid $2.975 for it in 2011, and since nothing was done to it between then and now, I guess that’s slightly encouraging for owners in this area – these homeowners should just about break even.
3 “Old Round Hill Lane” (which is actually, “New Old Mill Road”- it was probably named by its developer when Round Hill Road still had cachet, before half its denizens were dragged off to prison) is a new listing priced at $8.995 million. It’s a beautifully proportioned Kali-Naagy house, and a very nice house indeed. New, it sold for $6.5 in 2003; used, it sold for $6.110 in 2010. These sellers have updated it, apparently, and hope to reverse its downward trend of depreciation.
297 Round Hill Road, now down to $4.750. This was, and still is, a unique house, and was really pretty cool when it sold for $5.7 million in 2006. Those buyers tried selling it two years later, unchanged, for $7.250, and finally settled for a 19% haircut in 2010, selling it for $5,212,500. And then those buyers “renovated it” and placed it back on the market in 2010 for $5.699 million; it’s been pretty much on the market ever since, with various price cuts over the years, down to today’s $4.750.
It remains a good house, but the reaction of many agents back in 2010 was that the renovations had reduced, not enhanced its appeal, and judging from its lengthy stay on the market, buyers seem to agree. Still, at a million less than that 2006 price, it seems that the owners have paid penance for their ill-advised changes, and this should be a pretty good buy today.
39 Doubling Road, bank owned, has sold for $2.9 million. Ogilvy sold it (he had both sides of the deal), in 18 days, for its full price of $6.250 million back in 2007, and though that was a ridiculous price, $2.9 is a good deal. Most painful to me, I contacted every client I had just before the foreclosure became final, advising them, truthfully – inside information, sort of – that they could buy this for $2.5 million. No one bit, even though that was pure land value.
The house could easily absorb another $2.5 in updates and restoration, but it will be worth more than that when it is. Or, torn down and replaced, it will also be worth a fair penny.
Following in the slipstream of those hawks that were sited, not sighted, in town, Greenwich Time now reports on the retirement of police officer David Stewart, whose duties included, they report, participation in “dignity protection”:
As a Patrol Officer, he was recognized for his team efforts in narcotics investigations, the apprehension of burglary suspects, and his professionalism during Dignity Protection Details.
It took me a minute to figure that one out: gay pride marches, perhaps? I suspect they mean “dignitary”, not dignity, but then again, who knows?
Before he finally retired as Greenwich’s IT manager, Boris Hutorin, or someone under his supervision, was caught spending time on Russian porn sites. Aside from a massive failure of the town’s computer system with the permanent loss of 5 terabytes of data because he had installed no backup system (!), no one’s sure what he actually did during his 13-year-tenure (“we looking into it”, said Peter Tesei).
One thing I just discovered he never got around to, nor his successor, is to provide online access to our RTM members. I attempted just now to contact my District 5 representatives to voice my opposition to the Byram pool fiasco and discovered that not only is there no way to email all of them, there are no email addresses provided for any of them. It’s quaint to think we should send them personal letters, but that system of communication went to the great buggy whip factory in the sky, long ago.