An application for a permit to demolish the house at Westport’s 158 Compo Road South is in process. Built in 1900, the two-story colonial has 1,248 square feet and is situated on a .75-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
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Real Estate Report: Westport a Standout
By Judy Szablak
Westport was the clear bright spot in a New York Times article last weekend about the state of the real estate market in Fairfield County.
This featured home at 3 Cooper Lane is listed at $3,995,000. (CLICK TO ENLARGE) Photo courtesy of William Raveis Westport/Jillian Klaff Homes
This is in contrast to the latest Case-Shiller report, where our MSA was among the 16 out of 20 areas that are tracked to have seen new average low prices for the month of January.
The Case-Shiller index of 10 MSAs and the 20-city index are now at approximately 34 percent below their 2006 peaks and prices are at 2003 levels.
“Despite some positive economic signs, home prices continued to drop,” said David Blitzer, chair of the Index Committee at S&P Indices.
Going Down: 157 Riverside Ave.
The house at Westport’s 157 Riverside Ave., across from Saugatuck Elementary School, was demolished today. Built in 1933, the 1 1/2-story cape had 1,366 square feet, is situated on a .18-acre property and changed ownership in September 2011 for $550,000. The house gained notoriety when the 70s rock band REO Speedwagon stayed there and released a song on their first album called “157 Riverside Avenue.” It was the WestportNow Teardown of the Day on Sept. 5, 2011. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
Going Down: 100 Post Road East
The building at Westport’s 100 Post Road East was demolished today. Built in 1960 by Westport Bank & Trust Co., the one-story bank drive-in had 474 square feet and was situated on a .42-acre property. Town records show that Lafayette American Bank, which took over the property from Westport Bank & Trust Co., occupied it from 1997 to 1999, then Hudson United from 1999 to 2006, then TDBankNorth from 2006 to 2010 when it was purchased by its present owner. Although the structure was built more than 50 years ago, the application did not require review by the Westport Historic District Commission because it is under 500 square feet. It will be replaced with a 4,200-square-foot commercial building (see WestportNow March 20, 2012). It was the WestportNow Teardown of the Day on Aug. 19, 2011. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
WestportNow Teardown of the Day: 4 Bluff Point
An application for a permit to demolish the house at 4 Bluff Point, on Westport’s Saugatuck Shores opposite the Cedar Point Yacht Club, is in process. Built in 1966, the two-story contemporary has 2,328 square feet, is situated on a .50-acre waterfront property, and changed ownership last month at $4,525,000. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
WestportNow Teardown of the Day: 3 Laurel Road
An application for a permit to demolish the house at Westport’s 3 Laurel Road, near Imperial Avenue, is in process. Built in 1950, the one-story cape has 872 square feet, is situated on a .25-acre property and changed ownership last month for $490,000. 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 March 5 – 9, 2012
Westport property transfers as reported by the Town Clerk’s office for the period March 5 - 9, 2012:
Bluewater Minuteman LLC to Peter A. and Chasity A. Santoro Jr., 1 Minute Man Hill, $5,150,000
Peter A. and Chasity A. Santoto Jr. to James B. and Patricia L. White, 34 Edgewater Hillside, $3,400,000
Margret L. Krakowiak to Scott A. and Christine Meiers Schatz, 14A Marion Road, $1,660,000
Craig F. Edwards and Amy Matton to Rosemary Hallgarten, 219 Compo Road South, $695,000
Going Down: 10 Cacamo Lane Extension
The house at Westport’s 10 Caccamo Lane Extension, near Gorham Avenue, was demolished today. Built in 1963, the one-story raised ranch had 1,554 square feet and was situated on a .51-acre property. It was the WestportNow Teardown of the Day on Jan. 26, 2012. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
Comings and Goings: Ring’s End to Post Road East
Ring’s End, the retailer of lumber, millwork and building supplies, will open at 877 Post Road East in space formerly occupied by Sports Collectibles in the retail strip housing Radio Shack at the intersection with the Sherwood Island Connector. According to an employee in Ring’s End Norwalk location, the Westport store will open in early May and will primarily be a paint center. Ring’s End, founded in 1902 in Darien, originally supplied the surrounding area with coal, grain, hay, feed, and flour by the barrel, according to its website. CEO David Campbell is a former first selectman of Darien. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
WestportNow Teardown of the Day: 3 Peters Lane
An application is in process for a permit to demolish the house at Westport’s 3 Peters Lane, off Turkey Hill Road North. Built in 1965, the split-level has 1,671 square feet on a .51-acre property. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
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