An application for a permit to demolish the house at Westport’s 20 Compo Road South is in process. It is on a 1.55-acre parcel adjoining the town-owned Baron’s South which was purchased by Fairfield County Bank for $5.8 million in 2008 where it has built a bank branch. (See WestportNow April 15, 2008) Built in 1870 with an addition in 1932, the 19th century Tudor revival, referred to as the Winslow-Staples House and later as the Egan House, has 5,722 square feet. “The parcel was developed as early as 1867 by the Winslow family who owned the elaborate Italianate estate across the street,” according to the Historic District Commission. “In 1899, the property with buildings was purchased by William Staples, a son of Horace Staples, and his wife Mary, and used as their residence.” Because the house was built more than 50 years ago, the application will be reviewed by the commission. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
Sponsors
WestportNow Teardown of the Day: 100 Post Road East
An application for a permit to demolish the building at Westport’s 100 Post Road East, is in process. Built in 1960 by Westport Bank & Trust Co., the one-story bank drive-in has 474 square feet and is 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 will not be reviewed by the Westport Historic District Commission because it is under 500 square feet. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
Westport Property Transfers Aug. 1 – 5, 2011
Westport property transfers as reported by the Town Clerk’s office for the period Aug. 1 - 5, 2011:
Kimberly L. Rizza to Douglas A. and Joyce M. Fodor, 76 Hillspoint Road, $1,375,000
Gentry S. and Rhonda Quain Klein to Jean H. Bennett, 16 Woodcock Lane, $1,255,000
William Robert Lysobey Revocable Trust to Kimberly L. Rizza, 14 Roosevelt Road, $1,291,975
Fay Plohn Revocable Trust to Alan M. and Jane Jones, 6 Bruce Lane, $815,000
Real Estate Report: Signs of Steady Market
By Judy Szablak
There are growing signs of the steady market that we all hope for, however these signs are not represented in all price pockets nor are they represented by all property types.
This Compo Beach area home at 9 Ferry Lane East is listed at $3,795,000. (CLICK TO ENLARGE) Photo courtesy of William Pitt Sotheby’s International- Westport Realty Group
For instance, available inventory has remained fairly steady, the median price of homes is remaining around the $1.3 million mark, and the average market time for sales for the last few weeks is very respectable at under 60 days.
But that’s not the whole town. Condominium sales are still lower than what they should be, and other price pockets in town could be performing better. All in all, we should be grateful and happy that our market is performing as well as it is. Other towns in Fairfield County are not that lucky.
Homes: There are 347 single family homes on the market, and their average list price is $2,139,234. These homes have been listed for sale an average of 120 days, and the median price remaining steady at $1,324,000.
State Labor Dept. Targets Westport Construction Sites
By James Lomuscio
From carpentry to masonry to electrical and general contracting, 19 companies at six construction sites in Westport were ordered to stop work in late July, the state Department of Labor’s (DOL) Division of Labor and Workplace Standards announced today.
A new cosmetics store at 22 Main St., former site of Katzenberg Cafe, was among Westport construction sites targeted. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
The reason: the companies had listed their workers as independent contractors to avoid taxes, workers compensation, unemployment taxes and other expenses, according to the DOL.
The Westport crackdown was among 103 stop-work orders issued statewide over the past six months as the DOL has been performing spot checks in communities with construction activity, said Gary Pechie, director of the DOL’s Division of Labor and Workplace Standards. The DOL commissioner, Glenn Marshall, is former head of the Fairfield County carpenters’ union.
Resa Spaziani, DOL supervisor who works for Pechie, said the spot checks were made via contacting municipal building departments. Most were random visits, she said, and others were in response to complaints from workers and unions.
WestportNow Teardown of the Day: 35 Burr Farms Road
An application for a permit to demolish the house at Westport’s 35 Burr Farms Road, off Long Lots Road, is in process. Built in 1954, the one-story split level has 1,402 square feet and is situated on a 1.11-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: 42 High Point Road
The house at Westport’s 42 High Point Road, off Long Lots Road, was demolished today. Built in 1957, the two-story colonial had 3,586 square feet and was situated on a 1.32-acre property. The former occupants are rebuilding a new residence on the site. It was the WestportNow Teardown of the Day on June 30, 2011. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
Comings and Goings: Pierre Deux Closing
Westport’s Pierre Deux, the french country interior design and home furnishings store at 275 Post Road East in Playhouse Square, is going out of business. The firm filed for Chapter 7 bankruptcy in June and a judge ordered all stores closed by the end of October. The store, which has been at its present location for seven or eight years, had been closed for several weeks but reopened last week to conduct the sale, according to an official of a liquidation firm overseeing the closings. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
Westport Property Transfers July 25 – 29, 2011
Westport property transfers as reported by the Town Clerk’s office for the period July 25 - 29, 2011:
Christopher D. Cocco to Craig R. and Catherine M. Calle, 59 Old Road, $1,590,000
Walter M. Eads to Albert and Mitsue Kaneko Sunwoo, 48 Highpoint Road, $312,500
Ada S. Eads Est. to Albert and Mitsue Kaneko Sunwoo, 48 Highpoint Road, $312,500
Harriet Rinehart Flehinger to Robert J. and Amanda L. Brougham, 179 Bayberry Lane, $465,000
Real Estate Report: Market Still Active
By Judy Szablak
The Westport real estate market is still very active for this time of year, and despite economic turmoil elsewhere, all signs still point to the positive.
Built in 1930, this storybook Coleytown colonial at 30 Charcoal Hill Road was once the residence of noted New England architect and author Frazier Forman Peters. It is listed at $2,199,000. (CLICK TO ENLARGE) Photo courtesy of William Raveis Westport.
Almost twice as many homes were reported closed in this past week as what was reported two weeks ago. The median price is holding steady, and the average listing price is holding steady.
In addition, the average of 66 days on the market is an an uncommonly low market time for the type of real estate market that we have been experiencing of late.
Slow and steady progress is always best, and a slight dip downward now and then is nothing to be overly concerned about, just like an occasional upturn in the market is nothing to get excited about.
Subscribe
Enter your email address to get WestportNow.com delivered to your inbox:
Powered by FeedBlitz
Of Interest
Support a classroom.
Build a future.
What's inside
Property Transfers
Arts & Leisure
Business
Community
Health & Fitness
Education
Politics
Real Estate
Sports
COVID-19 Info
Westport Info
Westport Weather
Westport Traffic
Of Interest
Westport YouTube
Social Media
Westport-Area Blogs
Suggest a Westport-area blog by sending email to: editor@westportnow.com
