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The Wild Pear, 44 Church Lane, closed recently after four years in that location. Property owner Steve Crowley, principal of Westport’s SCA Commercial Real Estate who has owned the property for 20 years, said the concept of food is changing in Westport. “Customers want the option to sit down similar to Fortuna’s and Oscar’s,” he said. “A food business can no longer survive on carry out only.” He said the location recently was approved for outdoor seating, and he is talking to several interested restaurateurs. Its look “will fit into the Church Lane environment,” Crowley said. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Westport Property Transfers Feb. 18 – 22, 2013
Westport property transfers as reported by the Town Clerk’s office for the period Feb. 18 - 22, 2013:
Efstathios Maletos to Haresh C. Sheth, 53 Sturges Highway, $1,600,000
Joseph J. and Beth Vaccaro to Brian J. and Dana J. Marchiony, 18 Wheeler Gate, $1,740,000
Martha Anne Harris to Meghan E. Carroll and David R. Dellinger, 17 Vani Court, 1/2 Interest, $219,000
Phyllis A. Feeney Est. to Meghan E. Carroll and David R. Dellinger, 17 Vani Court, 1/2 Interest, $219,000
Real Estate Report: Multiple Offers Not Out of Norm
By Judy Szablak
Deposits are on the rise, and multiple offer situations on correctly priced Westport properties are not out of the norm anymore.
This home at 9 River Lane is listed at $4,500,000. (CLICK TO ENLARGE) Photo courtesy of Higgins Group/Westport
There have been 34 homes that entered the initial stage of deposit (CTS) in the last 30 days, and the length of time for these houses going under deposit mirrors a sellers market.
Five properties had single digit market time, while almost 40 percent went under CTS status within one month. The most activity in a price range occurred between $1 million - $1.25 million with six properties entering the initial stage of deposit.
The 15 percent of homes under the initial stage of deposit as compared to the homes actively for sale is substantially better than the approximate 10 percent that it has been over the past year.
Just in Case
WestportNow Teardown of the Day: 95 Bayberry Lane
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An application for a permit to demolish the house and adjoining barn at Westport’s 95 Bayberry Lane is in process. Built in 1962, the one-story split has 2,094 square feet and is situated on a four-acre property. The barn has 1,656 square feet. Because the house was built more than 50 years ago, the application will be reviewed by the Westport Historic District Commission. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
WestportNow Teardown of the Day: 25 Norwalk Ave.
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An application for a permit to demolish the house at Westport’s 25 Norwalk Ave., in the Compo Beach area, is in process. Built in 1920, the 1 3/4-story conventional has 2,177 square feet and is situated on a .25-acre property. Because the house was built more than 50 years ago, the application will be reviewed by the Westport Historic District Commission. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
Westport Property Transfers Feb. 11 – 15, 2013
Westport property transfers as reported by the Town Clerk’s office for the period Feb. 11 - 16, 2013:
Joseph R. and Bethany B. Czarnecki to Stacey M. Goodwin, 56 Evergreen Ave., $995,000
Jeannette N. Rosenbloom to Christopher J. and Erin Cancro, 7 Witch Lane, $687,500
George A. and Joyce P. Steinhoff to Joseph R. and Bethany B. Czarnecki, 10 Lamplight Lane, $1,350,000
Able Construction Inc. to Dean Shapiro, 157 Riverside Ave., $1,850,000
WestportNow Teardown of the Day: 17 Dogwood Lane
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An application for a permit to demolish the house at Westport’s 17 Dogwood Lane, off Compo Road South, is in process. Built in 1950, the one-story ranch has 3,203 square feet and is situated on a 1.05-acre property. Because the house was built more than 50 years ago, the application will be reviewed by the Westport Historic District Commission. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
Going Down: 4 Westfair Drive
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The house at 4 Westfair Drive, off Post Road East near Stop & Shop, was demolished today. Built in 1948, the one-story ranch had 1,172 square feet, waas situated on a .32-acre property and changed ownership in January for $450,000. It was the WestportNow Teardown of the Day on Dec. 29, 2012. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
Real Estate Report: Strong Gains
By Judy Szablak
With each week, there is more evidence of strong gains for the real estate market.
This home at 4 Glenwood Lane is listed at $2,295,000. (CLICK TO ENLARGE) Photo courtesy of William Raveis/ Westport.
The latest is the most recent S&P Case-Shiller Home Price Indices report. The national composite showed an increase of 7.3 percent for 2012.
The 10- and 20-City Composites reported annual gains of 5.9 percent and 6.8 percent respectively in 2012.
“Home prices ended 2012 with solid gains,” said David M. Blitzer, chairman of the S&P Case-Shiller Index Committee.



