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Westport Property Transfers April 11 – 15, 2011

Westport property transfers as reported by the Town Clerk’s office for the period April 11 - 15, 2011:

John P. Gudzik Est. to Evan A. and Joanne Gordon, 55 Bulkley Ave. North, $650,000WN property.jpg

Grace L. Teresa to Anthony P. Bihl IV and Emily C. Bihl, 6 Hyatt Lane, $665,000

Cheryl Scott Daniels Group LLC to Barrington Homes 7 LLC, 7 Blue Coat Lane, $649,000

Roger Nitkin to F. Michael Shapiro, 3 Berkeley Place, $865,000

Going Down: 270 Hillspoint Road

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The house at Westport’s 270 Hillspoint Road, in the Compo Beach area, was demolished today. Built in 1970, the one-story raised ranch had 1,598 square feet, is situated on a .51-acre waterview property, and changed ownership in October 2010 at $4,666,667. It was the WestportNow Teardown of the Day on Nov. 8, 2010. (CLICK TO ENLARGE) Matt Murray for WestportNow.com

WestportNow Teardown of the Day: 7 Pumpkin Hill

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An application for a permit to demolish the house at Westport’s 7 Pumpkin Hill is in process. Built in 1958, the one-story split level has 2,063 square feet and is situated on a 1.01-acre property. Because the house was built more than 50 years ago, the application will be reviewed by the Westport Historic District Commission. (Editor’s note: an earlier version of this picture showed the incorrect house. WestportNow regrets the error.) (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Real Estate Report: 14 New Home Listings

(Editor’s note: WestportNow today begins a new weekly feature with the latest Westport real estate statistics by veteran Realtor Judy Szablak.)

By Judy Szablak

The median list price in Westport is $1,265,000. The market here is performing nicely.  WestportNow.com Image

There are 331 homes actively on the market for 104 days and are listed at an average of $2,150,960. Fourteen new listings came on the market this week, and two homes came back on the market after being under deposit. 

There were six properties that had a price change. Eight properties have gone under the initial deposit stage, which we call CTS, and 10 properties went into pending status, which means that the conditions have been satisfied, and the property is scheduled to close.

Closings: seven properties sold this past week, and they had an average price of $1,616,000 and were on the market an average of 90 days. There were 59 status changes in the last week.

WestportNow Teardown of the Day: 355 Wilton Road

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An application for a permit to demolish the house at Westport’s 355 Wilton Road is in process. Built in 1930, the 1 1/2-story cape has 1,369 square feet and is situated on a 1.5-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

WestportNow Teardown of the Day: 40 Guyer Road

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An application for a permit to demolish the house at Westport’s 40 Guyer Road, off Valley Road, is in process. Built in 1954, the 1 1/2-story split has 1,664 square feet and is situated on a .55-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

WestportNow Teardown of the Day: 19 Old Hill Farms Rd

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An application for a permit to demolish the house at Westport’s 19 Old Hill Farms Road is in process. Built in 1948, the two-story colonial has 3,216 square feet and is situated on a .96-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

Comings and Goings: Urban Outfitters to Post Road East

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Urban Outfitters, the trendy clothing chain with the 18- to 30-year-old as its target customer, is coming to Westport’s Post Road East. Developer David Waldman said the new outlet of the Philadelphia-based company which also owns Anthropolgie and four other brands, will open in the spring of next year. Part of the 11,600 square foot space at 101 and 107 Post Road East was previously occupied by TDBanknorth. Urban Outfitters recently opened in Greenwich and also has Connecticut stores in Farmington (Westfarms Mall) and New Haven (Yale campus). (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Restoration Hardware Abandons Old Town Hall Plan

By Dave Matlow

Restoration Hardware has abandoned its plan to expand its Post Road East presence next door to Westport’s Old Town Hall to sell outdoor furniture, according to owner Rob Haroun.
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Weather concerns caused Restoration Hardware to abandon plans for an outdoor furniture store in Westport’s Old Town Hall next door to its current Post Road East location. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

“They just couldn’t get their arms around the outdoor furniture concept and the use of the outside display area,” he said of the California-based specialty retailer which has occupied the old Fine Arts Theatre property at 76 Post Road East since 1999.

Haroun, a Westport-based developer who purchased the 1908-built stone structure at 90 Post Road East in March 2010 for $2.35 million (See WestportNow March 31, 2010), said Restoration Hardware management was concerned, among other things, with the impact of the weather.

He said while Restoration had positive experiences in warmer climates such as California, where it initiated the outdoor furniture concept, the company in the end decided Connecticut’s changeable weather might not be suitable.