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Dear Neighbor,

Here is the annual real estate report detailing the real estate activity in the last 12 months in the Ellsworth neighborhood.

Sharon home sales were strong with 65 homes selling in the last 12 months. There are 78 homes on the market in Sharon (with 8 homes in contract to sell) which is a slightly larger supply of homes for sale than last year by 3 offerings. There is an increase in buyer traffic and the easy winter weather has prompted more offers. Stability has settled in as the local real estate market is getting healthier incrementally and maintaining a consistent pace of sales and listings. So it appears the current trends are positive!

There were 11 transactions in your neighborhood. Here is what is going on.

Sold:

Herb Road- Listed: $325,000 Sold: $292,500 – This 3.5 +/- acres has long eastern views and an open meadow feel. This parcel has aged stone walls, mature native trees and a driveway roughed in.

Herb Road- Listed: $250,000 Sold: $210,000 –Known as "The Shire" this 7.424 acres parcel has views of Housatonic Valley. It is a cleared parcel with stone walls, meadow, and Stoney Brook coursing through the lot. There is a dug pond and south facing exposure provides the opportunity for passive solar design. Conservation restriction have been placed restricting it to one house site.

13 Herb Road- Listed: $895,000 Sold: $850,000. French country expanded gambrel colonial sits on a level and bucolic 5+ acre private parcel. With nearly 4,000 sqft of living space the house is approached on a long driveway with a Linden tree alley. The house has been updated and has 3 bedrooms, 4 and a half bathrooms, large family room and pool. This home was originally listed for $1,395,000 in 2012.

50 South Ellsworth Road- Listed: $425,000 Sold: $420,000. Beautiful C. 1850 eyebrow colonial with extensive renovations/updates in 2007-2009, including new kitchen and baths, vaulted screened porch and expanded interiors. The house has spacious and inviting living and family rooms. The flooring is random width wide board throughout, plus a fireplace, main level master with en suite bath. The lot is a one acre level sunny meadow. This house was listed in March of 2013 and was originally listed for $695,000.

48 Modley Road Listed: $229,000 Sold: $210,000 This well maintained 980 sq. ft. ranch is set on a 4 acre parcel. There are 2 bedrooms and one bath in the 1974 home. There is a large screened porch, mature landscaping, and privacy. Jen Luning from our Sharon office assisted the buyers in this transaction. It was originally listed for $279,000 in June of 2014.

145 West Woods #2,Listed: $295,000 Sold: $264,000 This is a great project. This 1803's antique two-bedroom cottage with guest house needs a complete redo. There are 1500 sq. ft. and 2 bathrooms, porch, antiques details and mature plantings on the 5.89 acre lot. Asher Pavel of my Cornwall office brought the buyers.

38 Cemetery Road- Listed: $449,000 Sold: $439,900- This property had been on and off the market for over 7 years. Originally listed for $1,250,000 on 15 acres this wonderful antique home was the victim of the Great Recession. With nearly 1400 sq. ft. the two bedroom, 1 bathroom saltbox has wide board floors, 2 fireplaces and loads of character. The land was subsequently subdivided and sold off in parcels leaving the 1800's house on 13 acres.

Cemetery Rd, Lot-3B-1- Listed: $179,900 Sold: $110,000 -Fully approved and surveyed with all tests completed. 5.6 Acres on dead end road. Stone walls and frontage on Guinea brook. Listed for 490 days

Westwoods Road #2, Lot-1A- Listed: $189,000 Sold: $160,000- This parcel overlooks two ponds and is a wooded 5.7 acre parcel.

173 Westwoods Road #2 - Listed: $220,000 Sold: $200,000 - Nicely maintained raised 1978 ranch set on a level lot along a babbling brook. Higher end appliances in kitchen, all stainless steel. 3 full bedrooms and master bedroom has walk in closet and en suit full bathroom. There are 1,288 sq. ft. hardwood flooring in much of the home plus a wood stove in basement offer great supplemental heating. Priced well, it sold in 11 days.

310 East Street- Listed: $750,000 Sold: $650,000- Wonderful 1800's Antique home with 3 Bedrooms, 3 baths in the Main House offering central AC, 2 Fireplaces, wide board floors and exposed beams. All in tip top shape. Plus summer guest/pool house with privacy and a separate studio with a fireplace. It includes a pond and garage on a separate lot across the street and 3 acres in total.

498 Cornwall Bridge Road Listed: $2,275,000 Sold: $2,000,000 Magical country estate. Plum Creek Farm has 45 acres of tumbling brook, 2 ponds, formal gardens, open horse pastures, fruit trees, stone walls and woodlands. This 3600 sq. ft. home offers 4 bedrooms, 3.5 baths plus a custom kitchen which open to a awning covered patio. There is a formal dining room, bookcase lined library, spacious living room with a fireplace all opening to a sunroom overlooking stone terrace, gardens and pond. Huge master suite plus a guest house/barn w/4 stalls. Features: formal tapestry garden. Japanese crabapple orchard. 2 Ponds, one with fountain. Rock & perennial gardens. Riding rink. Deer fence. Privacy. Electronic gate opener. It was listed for 685 days.

460 Cornwall Bridge Road Listed: $210,000 Sold: $180,000 -This pleasant 1960's Cape has 1 bedroom and 2 bathrooms with lovely views over the farmland to the east. The interior needs some updating and is bright and cheerful. And a relatively new whole house generator has been installed. Spacious flagstone patio at rear offering excellent privacy stone wall surrounds the immediate area around the house. The property is a level and open 1.5 acre parcel of land.

33 Tichnor Road Listed: $895,000 Sold: $845,000 I am represented this wonderful country property offering with 4 acres. Wood roof & natural siding, crisp, clean lines all created by Rafe Churchill Design. Multiple buildings dot the property - utilitarian and efficient. The rooms are both distinctive and comfortable with modern lighting fixtures echoing 1700s Shaker sensibilities. The renovated kitchen is amazing with a Liebherr refrigerator, 6x4 gas AGA stove, Miele coffee system, farmhouse sink, Groeh fixtures & 2 Fisher Paykel cleaning drawers. It is so special that this listing was featured in numerous magazines as well as selected as the Wall Street Journal House of the Day in October 2014. Listed for 418 days before selling.

431 Cornwall Bridge Road Listed: $649,000 Sold: $540,000 - Wonderful newer home quality with and old house look. This home has a fabulously renovated cook's kitchen offering high end appliances and finishes. Inviting master suite with updated, tasteful bath and large walk-in closet. There are 3 bedrooms, 2.5 baths in this 2500 sq. ft. home. Separate Barn/Garage. This house sold in 2004 for $575,000 and had been listed since May 2014.

For Sale:

Cornwall Bridge Road- This peaceful hillside retreat offers 41.83 acres of land. The property offers a few nice building sites with views. The topography is challenging, but a driveway system has been roughed in place. Considerable parcel for the price of $199,000. Rick Meehan has listed this property.

1 Northrup Road has a peaceful pastoral setting on 5 plus acres of gentle rolling topography and offers easy access via Route 7 and Route 4. This parcel has been perc-tested and surveyed, just pick the site with the best view and build your dream getaway. Last year it was listed for $125,000 and now is $99,000 and it is the best most affordable parcel currently offered. Rick has this offering as well.

43 South Ellsworth is a lovely Victorian styled farmhouse with a gracefully detailed front porch, an old shed and an old dairy barn all set on a level 33 acres of hay fields, orchards and gardens. The 1870's home is preserved nicely with amazing details of ornate Victorian era moldings and floors. There are large porch door windows to open on a summer's day. The house is mechanically updated-new roof, furnace. It is easy to update kitchen and baths. I have listed this for $1,650,000.

89 West Woods Road at $1,800,000- is an 83 acre property of woods, pasture with incredible western views that capture the Catskill Mountains. There are two barns, one a horse stable complete with tack room and apartment above. The property has access to numerous miles of horse trails through Ellsworth and Westwoods' neighborhoods. My associate Toni Soule has this property listed.

There are a number of additional properties in the neighborhood for sale and should you be interested, they can be found on our website at www.bainrealestate.com. One can also find this letter and all other Sharon neighborhood letters archived on our site too. And if you wish to follow our blog for new listings, sales and other interesting real estate tidbits join up from our website.

All the best,

Chris Garrity

David Bain & the Sharon office

Jennifer Luning, Michele Pastre, Joanie Yahn & David Almquist

Please note that not all listings and sales transactions are through David Bain Real Estate.