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Date Archives: August 2019

Bain Real Estate - Market Update Home

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August
20

 

Bain Real Estate Northwest Warren 2019 August Market Report.

PLEASE CLICK HERE TO SEE THE MAP

Dear Neighbor,

 

While the weather continues warmer, the sales pace in Warren has slowed.  This year saw 17 residential sales while the previous year had 19 and the year before that had 27!  With land sales, the story is similar.  There are 15 current offerings and the last year saw only one land sale!  The previous year had 3 land sales.

In your neighborhood, there were 5 residential sales last year, down from 12 the year before. Again, an example of a slowing in the market.

 

One of the more exciting and recent sales is 184 Brick School Road.  It is a fully restored 1738 colonial with 2686 square feet, 4 bedrooms ad 3 full baths on 32 acres.  This is one of the oldest houses in town and it has the original wide board floors, beams and paneling.  It sold in January for an even $1,000,000, down from its original list of $1,195,000.

 

33 Laurel Mountain Road is an 1108 square foot raised ranch with 3 bedrooms and 2 baths and a 3 car garage with a potential studio above.  The house is located deep on its 2.43 acre lot which is, in turn, on a dead end town road.  It closed last August for $311,000, down from its list of $324,900.

 

48 Cornwall Road is a 1352 square foot ranch with 3 bedrooms and 2 baths built in 1971 on 5.63 acres.  It sold last November for $70,000 and again just this June for $292,000.  This property was not listed and we do not know how much was done, but it looks like a lot!

 

8 Birch Road is a 1323 square foot split level with 3 bedrooms and 2 baths built in 1976 on 2 acres.  It sold in April for $285,000 down from its list price of $320,000.

 

35 Kent Road is another early home with much of its interior intact.  Built in 1790, it has 5 working fireplaces, original wide board floors and exposed beams, 3 bedrooms and 2 baths, a barn, brook, 9.8 acres and beautiful gardens.  It was my listing ($375,000) and my sale $365,000.  Yes, it is charming.  On a side note, the new owner will be selling fine antiques by appointment.

 

There has been a lot of listing activity lately, so we will see what comes of that in next year's letter.  Meanwhile keep it touch directly or at www.bainrealestate.com.

 

Best,

David Bain

Chris Garrity & Associates: Toni Soule, Marilyn DeVos, Karen Grimaldi, David Hurlburt, Heidi Kearns, Priscilla and Asher Pavel

 

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

August
19

Bain Real Estate Sharon Mountain 2019 August Market Report.

PLEASE CLICK HERE TO SEE THE MAP

 

Dear Neighbor,

 

The market continues its steady course with numbers tracking as they have for a few years. There have been 45 residential sales in last 365 days and 26 in 2019.  In 2018, there were 48 sales and 29 sales in the first seven months of 2018.

 

Weekend buyers are still seeking affordable housing opportunities with a keen intent on not overinvesting in a house that gets limited use.  Sellers are recognizing that while they invested in their homes over time, buyers are not valuing the upgrades as much as sellers might have hoped.

 

As to land parcels, we have seen tepid sales transactions.  Only 3 sales have occurred in the last 365 days noted in the MLS with two of those in 2019.  The two in the first half of 2019 were 21-25 acre parcels that sold for $160K-$240K.

 

Interestingly, there are 6 home sales in contract to sell presently for $650,000 and below.  In your neighborhood, we have 5 houses to report selling in the last 12 months.

 

8 Joray Road- 12.04 acre

Closed for $228,750                                     

1733 sq. 1984/ 2bd-1.5 bths                          

Needs some updating. Private   

                                   

 

20 Hunting Ridge Road- 33 acres

Closed for $940,000

4078 sq 1987/ 4bd-4.5bths

Stunning land, pond and privacy

 

339 Cornwall Bridge Road- 1.74 acre

Closed for $285,000

1421 sq. 1969/ 2bd-1bth

Clean and neat-Easy to maintain


 

2 Jackson Road- 24.63 acres

Closed for $360,000

3850 sq. 1850/ 6bd-4.5bths

Fabulous space that needs renovations

 

40-42 Jackson Road- 42 acres

Closed for $2,000,000

4909 sq. 1932/ 4bd-4.2bths

2 houses-Private estate-Views-Needs work

 

 68 Red Horse Hill- 14.30 acres

For Sale for $477,000

1765 sq. 1974/ 3bd-2bths

Private-fireplace and barn

 

Smith Hill Road- 4.55 acres

For Sale for $95,000

Private setting with a brook

 

There are a few other offerings in the neighborhood and town so to keep in touch with these happenings or other areas in the NW Corner, visit on our website, www.bainrealestate.com

 

Chris Garrity,

David Bain & Associates

Toni Soule, Marilyn DeVos, Karen Grimaldi, David Hurlburt, Heidi Kearns, Priscilla and Asher Pavel

 

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

 

 

 

 

 

August
8

 

Bain Real Estate East Warren 2019 August Market Report.

PLEASE CLICK HERE TO SEE THE MAP

 

Dear Neighbor,

 

While the weather continues warmer, the sales pace in Warren has slowed.  This year saw 17 residential sales while the previous year had 19 and the year before that had 27!  With land sales, the story is similar.  There are 15 current offerings and the last year saw only one land sale!  The previous year had 3 land sales.

In your neighborhood, there were 8 residential sales last year, down from 14 the year before.

Starting at 15 Melius Road, a beautiful 3005 sq. ft. 4 bedroom 3 bath colonial originally built in 1759 sold in March with 3.68 acres, a pool and 3 car garage for $1,175,000, down from its original list of $1,495,000.

 

Over at 105 Town Hill Road a 1952 sq. ft. colonial with 3 bedrooms and 2 baths built in 2007 on 2.24 acres sold quickly for $320,000 in April, down from its list of $329,000.

 

There has been a lot of activity on Woodville Road with 4 houses sold and one under contract.

 

194 Woodville Road is a recently renovated 4 bedroom, 3 bath cottage originally built in 1938, and now with 2.83 acres.  It sold in October for $330,000, just off its list price of $349,000.

 

230 Woodville Road is a 1552 sq. ft. ranch with 3 bedrooms and 2.5 baths built in 2002 of 5.26 acres.  It sold in just 35 days in April for $197,500 down from its list of $199,900.

  

259 Woodville Road is a 1296 sq. ft. cape with 3 bedrooms and 1.5 baths that was built in 1958 on .29 of an acre.  It sold in December for $100,000, down from the list of $135,000

 

286 Woodville Road is a 1075 sq. ft. ranch with 3 bedrooms and 1.5 baths built in 1980 on 3.05 acres.  It also sold in December for $195,000, just down from its list price of $199,500.

 

200 Woodville Road is just under deposit.  This cute ranch of 1080 sq. ft. 2 bedrooms and 1 bath built in 1986 and recently renovated on 1.53 manicured acres is our listing and went under deposit in just 4 days. Its list price is $235,000.  We will tell you the sale price in our next letter.

 

110 Rabbit Hill Road is a 1660 sq. ft. brick cape with 5 bedrooms and 1 full bath and 2 half baths built in 1937 on a great 9.33 acres.  The house needed a lot of renovation.  It was our listing and sold in September at its asking price of $295,000.

 

  Couch Road is a double lot sale of 4.54 acres.  One was a flag lot, the other with more frontage was right in front. Both lots have significant slopes and both are on the Washington town line.  It sold last September for $175,000, down from its most recent list of $249,000 but originally on the market for $310,000 in 2014.

If you need any more information of any of these or other activity in Warren or neighboring towns, please give us a call.  You can keep in touch with the local market at www.bainrealestate.com

 

Until next year,

David Bain

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