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Westport Property Transfers Sept. 24-28, 2018

Westport property transfers as reported by the Town Clerk’s office for the period Sept. 24-28, 2018:

Fred J. & Theresa M. Delfino to Matthew S. & Irina R. Brooklier, 3 Blue Ribbon Drive, $1,285,000Westport Property Transfers

Olive EAITB LLC to Hal N. & Elizabeth M. Kravitz, 2 Hidden Hill Road, $3,600,000

Lee Ann Deleo Trustee, Lee-Ann Deleo Revocable Trust 2010 to Jonathan J. Weinsoff-Deleo & Eleni Deleo, 273 Wilton Road $629,000

Real Estate Report: Estimating a Home’s Projected Resale Ability

By Judy Szablak

Special to WestportNow

While no one has a crystal ball to predict future Westport home values, there are numerous ways to estimate a home’s projected resale ability.

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Featured Home: This home on 24 Jennings Court is listed at $2,395,000. (CLICK TO ENLARGE) Photo courtesy of William Pitt Sotheby’s International

However, this important criteria is often overlooked in the beginning stages of purchasing a home, which happens to be the most appropriate time to do so.

Once one has decided to purchase a home, the next item on the agenda besides getting prequalified through a lender is to figure out what the “must haves” would be.

That might sound simple enough; price range, size of the home and land come into play; the style of home, its condition, and the school district as well as ease of transportation are all factors.

Westport Real Estate Price Changes

Westport real estate price changes over the past week:

6 Crescent Park Road   $379,000->$375,000
43 Whitney Glen         $480,000->$465,000
7 Mills Street             $655,000->$625,000
12 Fillow Street           $679,000->$650,000
303 Harvest Commons   $685,000->$660,000
54 Regents Park         $729,000->$698,000
4 Robin Hill Road         $749,900->$724,900
7 Highwood Lane         $749,000->$729,000
158 Long Lots Road       $849,000->$749,000
14 Pleasant Valley Lane   $795,000->$760,000
4 Christmas Lake Lane   $897,000->$849,000
80 Easton Road         $1,049,000->$999,999
326 Wilton Road       $1,119,000->$1,090,000
6 Plover Lane         $1,199,000->$1,099,000
4 Wake Robin Rd     $1,129,000->$1,099,000
75 Old Hill Road       $1,185,000->$1,135,000
35 Greenlea Lane     $1,249,000->$1,199,000
9 Melon Patch Lane   $1,299,000->$1,249,000
8 Sherwood Farms   $1,299,000->$1,249,000
41 Oak Street         $1,299,000->$1,265,000
41 Old Road           $1,348,000->$1,298,000
20 Apple Tree Trail   $1,475,000->$1,425,000
47 Bulkley Ave No     $1,549,000->$1,499,000
79 Coleytown Road   $1,699,000->$1,575,000
33 Sherwood Drive   $2,595,000->$2,400,000
2 Harding Lane       $2,899,000->$2,698,000
100 Compo Rd South $2,799,000->$2,699,000

—Judy Szablak

Westport Property Transfers Sept. 17-21, 2018

Westport property transfers as reported by the Town Clerk’s office for the period Sept. 17-21, 2018:

Richard F. & Diane T. Burns to Beachside Trust c/o Senator Investment Group, 19 Roosevelt Road, $1,837,500Westport Property Transfers

Michael A. & Jennifer M. Corbo to Valerie Ann Leff, 7 Pond Edge Road, $2,287,500

Carole Ruden to Stephanie Klose & Robert Kemp, 29 Silent Grove North $875,000

Preservation Award Winner: 15 Bridge St.

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The house at 15 Bridge St. is among seven recipients of the Westport Historic District Commission (HDC) 2018 Preservation Awards to be presented in a Town Hall ceremony on Oct. 15 at 7 p.m. Known as the Mary Dolan House, the Italianate-style c. 1880 house was built on land sold in 1879 by Isaac Allen to David Bulkley. Bulkley, a carpenter, built the gable-ended, side hall plan, two-story original home. The current owners, Veronica and Tom Hofstetter, purchased the house in 2004. They made their first addition in 2005 to accommodate the needs of a growing family by incorporating a new master bedroom, kitchen and an enlarged basement. The house is a contributing resource in the Bridge Street National Register Historic District, which was established in 2018. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Real Estate Report: Rent or Buy?

By Judy Szablak

Special to WestportNow

The answer to the age-old conundrum regarding whether one should rent or buy is not as cut and dry for Westport as it may be for other towns and cities.

WestportNow.com Image
Featured Home: This home at 9 Crooked Mile is listed at $2,475,000. (CLICK TO ENLARGE) Photo courtesy of William Raveis/ WBCH Team

The higher end rental market in town is competitive, and well priced rentals do not stay on the market for very long.

That quicker turnaround may be due to some newcomers who are unsure of the town’s real estate climate and may be erroneously comparing Westport’s market to other towns, and are cautious as they are stepping into uncharted territory.

It is true that some out of state buyers want to “get their feet wet” so to speak by renting before they dive into a purchase, in order to get a feel for the town. That is not uncommon for many who move here from out of state.

Westport Real Estate Price Changes

Westport real estate price changes over the past week:

26 Crescent Park Road     $379,000->$375,000
5 Clinton Terrace           $525,000->$449,000
18 Saint George Place       $675,000->$659,000
50 High Point Road         $815,000->$799,900
4 Christmas Lake Lane       $897,000->$849,000
9 Birchwood Lane           $919,000->$885,000
75 Old Hill Road         $1,225,000->$1,185,000
1 Hunt Club Lane         $1,269,000->$1,239,000
9 Melon Patch Lane       $1,299,000->$1,249,000
41 Oak Street             $1,349,000->$1,299,000
11 Caccamo Trail $        1,599,000->$1,525,000
8 Moss Ledge Road       $1,695,000->$1,575,000
8 Evergreen Parkway     $1,888,888->$1,849,888
1 Pine Tree Drive         $2,245,000->$2,299,000 increased
32 Edgewater Hillside     $2,050,000->$2,349,000 increased
312 Compo Road South   $2,549,000->$2,438,000
2 Bayberry Lane           $2,595,000->$2,495,000
2 Melon Patch Lane       $2,679,000->$2,499,000
8 Taylor Lane               $2,575,000->$2,549,000
130 Hillandale Road       $3,800,000->$3,595,000
26 Stonybrook Road       $3,975,000->$3,750,000

—Judy Szablak

Comings & Goings: [Solidcore] to Compo Acres

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[Solidcore], a pilates fitness gym featuring 50-minute classes and coaches, will open in the rear of Compo Acres shopping center by end of the year, according to constructuction workers. Founded five years ago in Washington, D.C. by entrepreneur Anne Mahlum, the business now has locations in 12 states. This is its first location in the state. It is located adjacent to SoulCycle in part of space formerly occupied by Patriot National Bank. The front portion of the space will be occupied by United Bank. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

WestportNow Teardown of the Day: 29 Burnham Hill

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An application for a permit to demolish the house at Westport’s 29 Burnham Hill, off Hillspoint Road, is in process. Built in 1948, the two-story colonial has 2,850-square feet, is situated on a .47-acre property and changed ownership in last month for $1,450,000. 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

Comings & Goings: United Bank to Compo Acres

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Hartford-based United Bank will open at Compo Acres shopping center by the end of the year, according to workers at the site.  Serving Connecticut and Massachusetts with 50 locations, the bank was created through a merger of Rockville Bank and United Bank in November 2012. With the opening, three of the four corners at the intersection of Compo Road and Post Road East once again will be bank locations, including Fairfield County Bank and People’s United Bank.The site of the new United Bank was the former home of Patriot National Bank, which occupied the space from 2008 to 2015. The fourth corner at the intersection is Winslow Park. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com