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WestportNow Teardown of the Day: 20 Crooked Mile Road

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An application for a permit to demolish the house at Westport’s 20 Crooked Mile Road, off Cavalry Road, is in process. Built in 1965, the one-story ranch has 4,825-square feet, is situated on a 1.03-acre property and changed ownership in November for $1,110,000. 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

Real Estate Report: First 30 Days Critical

By Judy Szablak

Special to WestportNow

While the market is quite active in Westport, sellers should not throw caution to the wind when pricing their home.

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Featured Home: This home at 117 Weston Road is listed at $1,375,000. (CLICK TO ENLARGE) Photo courtesy of William Raveis — Westport

Sellers still need to price their homes in accordance with what the market will bear.

They should not get too aggressive with pricing a home beyond what its suggested market value indicates.

It may be perfectly acceptable depending on the available similar inventory, price range, location and/or amenities to increase the initial asking price.

Westport Real Estate Price Changes

Westport real estate price changes over the past week:

43 Clinton Ave.          $559,000->$529,000
10 Davenport Ave.        $565,000->$549,000
17 1/2 Hale St.          $715,555->$710,500
1 Evergreen Parkway       $865,000->$822,000
17 Church St. South     $949,000->$910,500
5 Black Birch Road           $929,000->$949,000
209 Hillspoint Road       $1,090,000->$999,000
86 Maple Ave. South     $1,080,000->$1,040,000
8 Abbotts Lane           $1,279,000->$1,224,900
11 Boxwood Lane       $1,375,000->$1,349,000
166 Roseville Road     $1,550,000->$1,400,000
26 Webb Road           $1,447,500->$1,425,000
34 Maple Lane           $1,499,000->$1,449,000
12 Rayfield Road       $1,794,000->$1,699,000
7 Tranquility Lane       $2,095,000->$1,895,000
30 Charcoal Hill Road   $2,099,000->$1,999,000
27 Stonybrook Road     $2,100,000->$1,999,999
7 Northfield Drive       $2,280,000->$2,000,000
315 North Ave.      $2,199,000->$2,049,000
2 Stonewall Lane       $2,295,000->$2,149,900
78 Hillspoint Road       $3,695,000->$3,595,000
—Judy Szablak

Comings & Goings: Fred Boutique to Post Road East

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Fred Sip & Shop women’s apparel shop has opened at 30 Post Road East at the corner of Taylor Place. It is co-owned by Kelley Frey of Stamford and Shereen Koshnoodi of Old Greenwich. The business also has a location at 236 Sound Beach Ave., Old Greenwich. Koshnoodi said the Westport location is much expanded from the concept in Old Greenwich and features a coffee bar cafe to enhance the shopping experience. She describes the apparel and accessories offerings as “contemporary, mid-price range with brand name new designer fashions.” The Westport space was previously occupied by Soleil Toile, which relocated to 24 Post Road East, then by Walin & Wolff women’s accessories, followed by a pop-up shop for cashmere apparel during the past two Christmas shopping seasons (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

WestportNow Teardown of the Day: 17 Stony Brook Road

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An application for a permit to demolish the house at Westport’s 17 Stony Brook Road, in the Old Hill section, is in process. Built in 1949, the one-story ranch has 1,583-square feet and is situated on a .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

Comings & Goings: Main St. Tea Store to Close

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After almost four and a half years, DavidsTea, 135 Main St., will close on April 29, according to store manager Stephanie Armas. Said employee Leah Price, “The store is doing well, but the company wants to invest its resources in other areas.” She denied a local blog report that the closing was due to “high rent.” There are two other locations in the state — West Hartford and South Windsor as well as stores in other states, including three in Manhattan. The Westport store opened in 2012 (see WestportNow Sept. 26, 2012) (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Westport Property Transfers March 27 – 31, 2017

Westport property transfers as reported by the Town Clerk’s office for the period March 27 - 31, 2017:

Joan E. Miller to Equity Trust Company Custodian Margaret J. Freeman IRA FBO, 68 Whitney Glen Drive, $300,000WNproperty.jpg

William S. Hemson III to 12 St. John Place LLC, 12 St. John Place, $625,000

Kabop Maritime Partners LLC to Kapu Holdings LLC, 1599 Post Road East, $1,200,000

Vanbrodt Estates LLC to Aja R. Davis and Molly Pinney, 107 Valley Road, $832,800

WestportNow Teardown of the Day: 282 Compo Road South

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An application for a permit to demolish the house at Westport’s 282 Compo Road South, near the Minute Man Monument, is in process. Built in 1965, the two-story colonial has 3,261-square feet, is situated on a .53-acre property and changed ownership in August 2013 for $1,234,000. 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

Real Estate Report: As Anticipated, a Busy Spring Market

By Judy Szablak

Special to WestportNow

The spring real estate season is exceptionally busy in Westport, more so than it has been for a very long time.

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Featured Home: This home at 10 Winding Lane is listed at $2,195,000. (CLICK TO ENLARGE) Photo courtesy of The Riverside Realty Group

The market has now changed from a buyer’s market to that of one favoring sellers, and many homes have had multiple bidders.

The numbers certainly tell the story — 82 single-family homes entered or re-entered the market in the last 60 days, and 49 homes have taken an initial deposit.

Eight homes have gone under deposit within two weeks of being listed for sale.