Tag Archives: 32 Ferncliff Rd

Sale price reported

32 Ferncliff

32 Ferncliff

32 Ferncliff (off Cat Rock) is a very nice house which I’ve recommended since it first came on asking $1.495. An older contemporary that I found very pleasant and a beautiful 1.25 acre yard. The yard is undersized for its 2 acre zoning but this one is entirely usable, unlike many of the lots on this street which are mostly rocky woodland. In any event, it sold toady for $1,092,500, close to the $1.05 paid for it in 2003. Assessed value is $1.0280. There is another nice house for sale on Ferncliff, #18, but even though it’s newer (1984?), and a Deck House (great modul;ar builders, now defunct) and has a new kitchen, its owners must be looking at their asking price of $1.995 today and wondering how far and deep they should cut. Or if they aren’t doing that, they should be. Assessed value: $1.412.

From the Slow Death Department, 25 Mooreland, listed for $6.2 million back in May, 2008, is down today to $4.395. Assessed value is $3.617.

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This property is looking ever more attractive

32 Ferncliff Rd

32 Ferncliff Rd

I liked this house in Cos Cob when I saw it last fall – an acre and a quarter of very nice yard and a house that, while not updated, is completely livable. It started at $1.495, which wasn’t crazy, and today it’s dropped to $1.245. The sellers paid $1.045 for it in December, 2002, the 70% rule shows a value of around $1.1, so I’d think a bit of sharp negotiating would yield an excellent buy. It’s not for everyone, of course, but if I wanted a sunny, bright house with a great yard and lots of privacy in the one million range, I’d certainly look at this. Ken Yorke at Surf & Turf has the listing but any member of the MLS, including your agent, can show it, naturally.

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