When this house (click on title above for listing details) was last on the market back in 2004 it was listed at $1.625 million and sold quickly at full asking price. That was then. It's now on the market again - the listing claims it was "renovated" in 2008 but I'm pretty sure that's just realtor speak for tidied up and painted. In May, the seller asked $2.250 million; it's now down to $1.788, still 10% over what they paid for it four years ago. If the seller is lucky he'll manage to break even, in my opinion.
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I prefer the custom built home on the corner of Webb Ave. and Sound Beach Ave. right accross from Binney Park over this one. This home is priced to sell and also available for rent. I don't see this property being on the market very much longer - it will either be rented or gone - very soon. It is also priced right around 5 Raymond St.
"realtor speak." I think you should blog about that (if you haven't already). What exactly does that mean? What are the boundaries between "realtor speak" and "fraud". How prevalent is this? How can a buyer (particularly an inexperienced one), know when they are not getting the whole story? What is the realtor's obligation to the buyer? Is it just left for the buyer's agent to distill it? Just in case you had nothing better to do today...
Hi Chris - I know your specialty is OG and Riverside so hopefully can shed light on something I am curious about. When I moved to Greenwich in the early 90's there was a huge disparity between the prices in mid-country (and back-country on certain roads) and those in Old Greenwich and Riverside (excluding waterfront). I have always assumed it was because you get more land in mid or back country. Lately,however, it seems that houses in Riverside and OG are selling for as much (or more per acre or square foot) than similar homes in mid-country. Has something changed or have I been mis-informed all these years?
My sister-in-law shed some light on this recently when she said she didn't like Greenwich because it takes "forever on curvy roads" to get anywhere from our house(we live south of the parkway between Round Hill and Lake). I realized there's a certain truth to that. It's just been my way of life all these years so I had never looked at it like that before.
Any other thoughts??
I was looking at the raveis site for Old Greenwich and noticed that the David Ogily waterfront property was no longer listed. Did that sell or did they take it off the market?
I think it was listed for 7,500,000.
As far as the previous post goes, I can only think that Riverside/Old Greenwich have gone up in price because it seems to be the place everyone with a young family wants to live.
I don't understand the wise remarks towards Chris - nothing better to do today?? Chris provides us a great service - so stop putting him 'Down' - most of us don't want to read it - thank you for very much! By - the way - this comes from the 'crazy person' that a poster referred to me as - so 'Why can't we all get along'??
I also don't like the spell check remarks - who cares???
In regards to Back Country vs Riverside and Old Greenwich, Ct. - I, for one, think the beach - The Park - and all the local stores, banks, Post Office, Railroad Stations, fast food stores, Fire House, schools, churchs, have a-lot to be considered - along with the price of gas - traveling around in the back country is not like it use to be - plus - crime does happen - when you are so far a-way tucked in the back of town.
Yes - Old Greenwich and Riverside - is becoming more and more popular!
yeah Chris, since you have nothing better to do why don't you come by Obama's HQ on railroad ave tonight from 6-8 and help us paint signs.
Greenwich Diva
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