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An application for a permit to demolish the house at Westport’s 7 Burritt’s Landing North, off Saugatuck Avenue, is in process. Built in 1958, the two-story contemporary has 3,714 square feet and is situated on a 1.25-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 Sept. 12 – 16, 2011
Westport property transfers as reported by the Town Clerk’s office for the period Sept. 12 - 16, 2011:
Jarvis and Michelle Bowers Trs. to Geoffrey R. and Emily Robb King, 7 Keyser Road, $1,485,000
Sharon and John L. Kurland Trus to Moneka and James J. Krouse, 16 Pier Way Landing, $1,350,000
Drumlin LLC and Christopher Kaminski, 48 Drumlin Road, $410,000
David P. Steinmetz to Sally R. K. and Stephen E. Fisk, 23 Maple Ave. South, $960,000
Real Estate Report: Availability of Financing is Key
By Judy Szablak
For those of you that are in the process of selling your home, or thinking about selling, one very important factor to keep in mind is that the availability of financing has a great impact on your sale. Most buyers will need to obtain a mortgage, and they will need access to reasonable loan programs.
This Saugatuck Island contemporary home at 116 Harbor Road is listed at $1,395,000. (CLICK TO ENLARGE) Photo courtesy of Prudential CT Realty
What initially appears like a very minor change in interest rates or loan limits might seem inconsequential to you, but it might make all the difference in the world as to whether a buyer can obtain a loan for your property.
Over the past few months, we have heard about a number of changes that were possible on the financial front. Probably the biggest change to affect mortgages was that Freddie Mac and Fannie Mae were to adjust loan limits downward as of Oct. 1 for government-backed mortgages.
While some industry experts had thought (and hoped) that this would not be the case, it is now going to be a reality.
All Gone: 128 Beachside Ave.
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The house at 128 Beachside Ave., Westport’s “Gold Coast,” was demolished. The 1930s almost 10,000-square foot home included 10 bedrooms and 11 bathrooms and was built by H. Smith Richardson, a Richardson-Vicks pharmaceutical company scion. The $20 million sale in October of three adjoining parcels on almost seven acres overlooking Long Island Sound was Westport’s second largest residential real estate transaction. (See WestportNow Oct. 30, 2010). It was the WestportNow Teardown of the Day on Dec. 15, 2010. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
WestportNow Teardown of the Day: 22 Cross Way
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An application for a permit to demolish the house at Westport’s 22 Cross Way, on Saugatuck Shores, is in process. Built in 1976, the two-story contemporary has 4,245 square feet and is situated on a .60-acre property. The current resident plans to rebuild on the site. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
WestportNow Teardown of the Day: 5 Hedley Farms Road
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An application for a permit to demolish the house at Westport’s 5 Hedley Farms Road, near Beachside Avenue, is in process. Built in 1961, the one-story contemporary has 4,118 square feet and is situated on a 7.27-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: 11 Great Marsh Road
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The house at Westport’s 11 Great Marsh Road, off Duck Pond Road in the Saugatuck Shores area, has been demolished. Built in 1968, the two-story custom contemporary had 4,570 square feet and was situated on a one-acre water view property. It was the WestportNow Teardown of the Day on Aug. 16, 2010. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
Going Down: 40 Guyer Road
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The house at Westport’s 40 Guyer Road, off Valley Road, was demolished today. Built in 1954, the 1 1/2-story split had 1,664 square feet, was situated on a .55-acre property and changed ownership in July, 2011 for $490,000. It was the WestportNow Teardown of the Day on April 25, 2011. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
Welcoming Calypso St. Barth to Main Street
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Calypso St Barth, a women’s apparel shop, opened today at 19 Post Road East in the location of the old Westport Library. From its founding 16 years ago, the retailer, according to its website, has grown “from a modest resort-wear line to a global luxury lifestyle brand with a passionate following.” Westport First Selectman Gordon Joseloff and Westport Weston Chamber of Commerce president Heather Cavanaugh welcomed the store to Westport with a ribbon cutting ceremony. Joining them were (l-r) Brooke Labriola, Erica Forkos, Erin Nordling (area manager) Marcella Moeller (store manager), Judy Eierdam, Selina Pineda, and Amy Barone. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
Westport Property Transfers Sept. 5 – 9, 2011
Westport property transfers as reported by the Town Clerk’s office for the period Sept. 5 – 9, 2011:
Kyle G. and Tracy M. Donovan to Saleem and Alison Mukhtar, 11 Primrose Lane, $785,000
Royal Bank of Scotland to David and Heather Lyons, 57 Roseville Road, $1,575,000
Kevin F. and Leslie T. Mahoney to Philip D. and Alexis C. Bancroft, 25 Gorham Ave., $1,260,000



