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August
10

Dear Neighbor,

We, like all of you, are attempting to get back to "normal".  In that spirit, we have resumed our neighborhood letters with hopes of keeping you informed on local sales, offerings and trends.

Like elsewhere, the pandemic unleashed a flight to Kent, swelling our schools, absorbing our housing inventory and pushing our values to levels not seen in a long time, if ever.  The result is a market with only 7 homes available where normally 35-40 should be up for sale. And only 9 parcels of land offered. The flip side is the 20%-30% increase in values has sellers buoyant and buyers scrambling with Rents soaring as well.

All of this has some buyers and many more sellers on the sidelines waiting.  Waiting for what is the question.  The idea that the market will be flush with listings soon is not realistic. It is a seller's market, but sell only if you have a place to move to.  We predict this new paradigm will be here for a number of years to come.

Kent registered 53 sales in the last 12 months. This is 30 fewer home sales than in the 2021. This dramatic drop is not due to lack of interest, but lack of inventory.  The depletion of homes for sale has tempered sales leaving only 5 homes in contract presently. Despite fewer listings, purchasing desire is strong, sales are brisk and competition is fierce.  Here is what has transpired:

Residential Sales:  Single Family

18 South Main Street                                    $352,000

This Renovated 8 room 1840s home, located in the Kent village offers considerable charm. Hardwood floors, quartz countertops and stainless steel appliances in the kitchen, first floor laundry are a few of the amenities in this 4 bedroom, 1 1/2 baths Colonial. It also entails a covered porch, full unfinished basement, detached garage and a level yard.

3 Meadow Street                                           $385,000

On the corner of Meadow and Judd sits this 3 bedroom and 1.5 baths Colonial. The kitchen includes stainless appliances open to a breakfast nook and formal dining room. Cherry wood floors throughout. The primary bedroom has a walk-in closet and additional closet plus 2 additional bedrooms on the upper level. There's a full basement plus a whole house generator.

52 Elizabeth Street                                        $362,000

This small 3 bedroom, 1 bath single family house is a well maintained ranch that includes a 3-season porch, wood burning fireplace, eat in kitchen, attached garage and a large shed, approximately 12' x 16',  in the backyard. The private backyard has a mature dogwood tree and a private hemlock hedge.

 

24 Elizabeth Street                                        $375,000

I sold this 4 bedroom 1.5 bath colonial home in 2000 for $159,000.  Built in 1938 with a level and lovely back yard, the house features wood floors, a large front porch, and a small garage.  High ceilings and large windows made the 1637 sq. ft. even more spacious. This was a private sale and likely had it been on the open market it would have gained even more value.

13 Lane Street                                               $360,000

This building with four, one bedroom units also has a large commercial garage with workshop space currently used as a woodworking shop. The workshop is heated with electrical and water and a full bathroom. Office spaces as well. This property requires some renovation but with its flexible zoning use provides a good investment return.

Residential Sales: Condominiums

The condo values have strengthened considerably.  We are seeing sales prices that reflect pricing from 2006- the last high water mark in Kent real estate values.  Those who purchased in the five years prior to COVID have seen strong appreciation.

Kent Hills - 80 North Main Street

There were eight transactions at Kent Hills in the last twelve months, which all tell interesting stories.  Prior to the pandemic we sold 3 units in 2019 with an average sales price of $197,000 (rounded).  In the last 12 months the 8 sales represent an average sales price of $236,000 (rounded).  A 16% increase in value. Here is the breakdown:

 

Number          Beds    Bath    Deck   Garage    Floor          Sq. Ft.             Price

# 1B1              2          2          Yes      Yes         1 Floor         1227                $250,000

# 3A4              2          2          Yes      Yes         1 Floor         1225                $165,000

# 4                   2          1.5       Yes      1 car       1 Floor         1201                $260,000

# 5B3              2          1.5       Yes      No          2 Floor         1077                $225,000

# 5B5              2          1.5       Yes      1 car       1 Floor         1252                $245,000

# 7                   2          1.5       Yes      1 car       1 Floor         1201                $195,000

# 22                 3          2.5       Yes      1 car       3 Floor         1688                $266,000

# 35                 2          3.5       Yes      1 car       2 Floor         1612                $279,000

 

 

Riverview Commons- 16 Elizabeth Street

This condominium association is in very good condition and has never looked better.  Back in 2009 values were under pressure by a few unfortunate foreclosures leaving many underwater. Times have changed and no better example is the sale of unit 6 that sold in 2009 for $126,000 with a 19% increase over 13 years.

Number        Bed      Bath     Deck      Garage     Basement    Sq. Ft.         Price

Unit #1          2            2            Yes        No             No                1232            $170,000

Unit #6          1            1            Yes        No             No                961              $155,000

 

Commercial/Investment Sales:

Considerable investment has taken root in Kent's beloved downtown commercial section. With more people in town the appreciation of what we have here has spurned others to invest, increase and improve our village. The sidewalk process is working its way through these investment improvements, to the betterment of the whole town.

25 North Main Street Unit 5B                      $172,500

The corner unit on the south east side of the Kent Town Center offers considerable street visibility. This perfect retail spot has over 1500 sq. ft. and basement storage.

27 North Main Street Unit 1                        $210,000

This store front has exposure on the north east side of Kent Town Center on Main Street. The large windows offer goods display while the open floor plan provides opportunity for any store. Upgrades of hardwood maple floors, a private powder room and 600 square feet of downstairs storage space make this a perfect investment.

81 North Main Street Unit 1-11                   $1,210,000

This 11 unit condominium complex has been an investment property for years. This restored 1800's Victorian has 5 Bedroom suites. There are two formal parlors and a dining room with period fenestration and lovely public spaces. Front and side porches offer great outdoor space. Additionally, there are two adjacent, 1 Bedroom condominiums and another building with 8 condominiums all generating a rental income.

9 Railroad Street Unit 1                                $100,000

Circa 1800's antique Saltbox is located behind the Railroad Station Unique and yet classic, the interior features antique wood floors, a working fireplace and exposed beams. The property has plenty of parking with shared ownership in the large parking lot. The building has AC and propane heat and a small yard behind a stone wall.

 

 

11 Railroad Street Unit 2                              $100,000

A rare find is this 1890 Caboose, last used as a guitar retail shop. Fully restored, this train car has wood walls and an up to date propane heat, including a mini split system for air conditioning, along with a 1/2 bath. The Caboose shares a paved parking lot with only two other buildings.

13 Railroad Street Unit 3                              $225,000

This antique barn is in excellent condition. The rustic interior with exposed beams and wood floors provides character, while the 1/2 bath and open floor plan offer enough space to create 2 units. The building shares a paved parking lot with 2 other condo units 9 and 11 Railroad St.

 

We hope you are well and keep strong spirits. We feel so fortunate to be here, continuing working and thriving in this very curious time. Thank you.

And if you are considering selling this seems to be an unprecedented time to capitalize. Call us for a free assessment of your house, office or condo. Or stop by the office or visit our website at www.bainrealestate.com.  Lastly, please note that we are able to send this letter out digitally, so email us and we will add you to the list.

All the best!

Chris Garrity

David Bain & Associates-Debbie Bain, Toni Soule, Erin Hull, Amy Danis, Amy Longley, Elisa Waysenson & Heidi Kearns

 

 

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

February
21

Bain Real Estate Kent Village 2019 February Market Report.

Dear Neighbor,

 

PLEASE CLICK  HERE TO SEE THE MAP

 

Litchfield County's real estate market has strengthened nicely since the Great Recession ten years past. As the economy has strengthened buyer confidence has in turn responded positively. So, growth has ensued. Hence in 2017, we saw 36 sales in Kent and in 2018, we had 49.  A cautionary approach is advised, however, as the local, state, national and even global issues affect consumer confidence and the winds could blow in a different direction tomorrow! 

 

 In fact, we are seeing this sentiment manifest on the upper end of the value spectrum, as the sales have not been as brisk with downward pressure on houses over $1MM.  This past year Kent had only 4 sales over $1MM or less than one percent of the all sales. This issue is not solely a Litchfield County concern as we see this depreciation of the upper end of the market in other areas of the state as well. 

 

Listing levels have been constricting with 37 currently available, and the question to be seen is whether scarcity solidifies prices or will buyers continue to wait. There are 2 home sales in contract to sell presently.

 

Since I last wrote we have been busy listing and selling. I am happy to report that Bain Real Estate sold all 3 houses, the 1 commercial sale and participated in 5 of the 7 condominiums transaction in the village neighborhood.

 

 Single Family Residential:

The village residences are still very much in demand but with little supply they seem to sell quickly.  My partner, Chris Garrity has sold all three of the village houses here:

 

20 Meadow Street is a spacious 2-story light-filled home of 2021 sq. ft. With its open concept kitchen, dining room, and living room there is a modern flair to this 3 bedroom cape.  There is a wood burning fireplace outlined in built-in book cases. The first floor also boasts a generously sized master bedroom with en-suite bathroom, a dedicated laundry room, coat closet/pantry and half bath for guests. Two upper spacious, bright bedrooms, full bath, bonus craft room, and storage complete the second floor. The backyard is party-ready with patio, grill area and fire pit. Property includes an over-sized one-car garage and full basement ready for conversion. Solar panels, town sewer and water are added benefits. Toni Soule listed this home and Chris found the buyer for $358,000.

 

Hidden in the middle of the village neighborhood down the private lane is this untouched 1930's Cape Cod style home at 7 Locust Lane.  With lovely pre-war touches like oak flooring, built-in cabinetry, brick fireplace and light fixtures, this 1232 sq. ft. home is a charmer.  The living room has nicely detailed boxed beams and a substantially large fireplace that can heat both the living room and the 15 x 13 sun room. There are 2 bedrooms and one full bath on the second floor and

a half bath tucked into the galley kitchen. There is a good sized basement and a one car garage. Small but private back yard ensconced in arborvitae and gardens. Chris listed this home that sold for $210,000.

 

42 Elizabeth Street is a charming cedar shingled home with 4 bedrooms and one and a half bathrooms. The living room of this home is enhanced by a wood burning fireplace, and the dining room has a lovely bay window and hardwood flooring. The kitchen offers a breakfast bar and tile floor and opens to both the heated enclosed porch. Hardwood flooring throughout the 1560 sq. ft. home plus the lower level is partially finished and there is a 2 car garage. Located on a level lot the house has a fenced back yard, and is connected to both town water and sewer.

Chris sold this for $315,000.

 

Commercial:

 I listed and sold 31 North Main Street, a 3600 sq. ft. mixed use commercial/residential building.  There are two tenants in place with long term leases. Existing tenants pay $2,750 a month with double net leases. High traffic location offers a nice investment so it was listed for $445,000 and closed for $395,000.

 

Condominiums:

We are seeing sales prices growing. The desire to live in the village without the upkeep of a house is strong.  Units are selling that had been owned for numerous years that require upgrading of bathrooms and kitchens. But those that have been updated are highly prized as move in makes life so much easier.  So as these units undergo these important upgrades, the values are that much stronger.     

 

Kent Hills - 80 North Main Street

There were 5 sales Kent Hills in the last twelve months and Bain Real Estate was involved on all 5. There are no units listed for sale or in contract to sell at Kent Hills presently.

 

River View Commons-16 Elizabeth Street –2 Sales- There are no units listed for sale or in contract to sell at River View Commons presently.

 

Unit #16 is well kept and updated 1232 sq. ft. unit featuring 2 generous sized bedrooms, the master having 3 closets, large living room, kitchen with recessed lighting, newer cabinets and pantry, dining area with slider to private 10x22 brick paver patio & 1 1/2 baths. There is a second floor level laundry plus a 1 car garage and 1 additional parking space. Listed for $129,938 and closed for $123,750.

 

Unit #19 is similar Townhouse as #16 offering two good size bedrooms and 1.5 baths. There is a formal living room, separate dining room and private patio off the dining room. One detached garage and one reserved parking space. This unit had to be owner occupied because the condo is over the allowable amount of rental units. Listed for $139,000 and closed for that price.

 

There are other offerings on the market and if interested call us, stop by the office or visit our website at www.bainrealestate.com.   One can find not only the aforementioned listings and sales but also one can find this letter and all other Kent 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,

 

David Bain &

Chris Garrity, Toni Soule, Marilyn DeVos, David Hurlburt, Scott Harvey, Michele Pastre, Karen Grimaldi, Asher and Priscilla Pavel

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September
1

PLEASE CLICK HERE TO SEE THE MAP.

Dear Neighbor,

The autumn morning cool has set in and is a nice relief to the warmth and dryness of summer. Leaf peeping season is upon us and the village center will be bustling much like the real estate market this past year.

So, its time again for our annual neighborhood real estate report detailing the real estate activity in the last 12 months in the village of Kent on the residential, condominiums and commercial properties. In Kent here are the listings broken down into their categories:

73 residences

6 condominiums

19 commercial – 9 of which are in the Kent Town Center complex

19 parcels of undeveloped land

Confidence continues to be the main factor in the solidification of values. National Economic trends are faring well despite worldwide market turmoil. Unemployment claims are fewer than the most recent years and consumer confidence is buoyed. While we have had considerable sales success in Kent in the last year we are still confronting the supply and demand issue that shows there are more sellers than buyers.

With increased optimism and more sales, sellers who have been on the sidelines for the last 6 years are coming into the market. Hence there are more listings on the market today (73) than last year at this time (66), a 10% increase. So, as the market becomes loaded with homes, the pressure on prices begins to increase. We are already seeing this manifest in our listing to closing ratios.

Date Sales Av. List Price Market Time Av. Sales Price

2013-14 27 $776,085 138 Days on $706,286

2014-15 42 $ 486,170 165 Days on $449,711

 

Average sales price reflect a $190 per sq. ft. as opposed to the $224 per sq. ft. the 12 months prior.

Here is what transpired in the Village neighborhood since I wrote you last:

There were 6 condominium sales; 2 residential closings; 4 commercial transactions.

 

Condominiums:

The condo values seemed to have dropped considerably. We are seeing sales prices that reflect pricing from a decade ago.

 

 

 

 

 

Kent Hills - 80 North Main Street

There were five transactions at Kent Hills in the last twelve months.

Number Bds Bths Gar. Floor Sq. Ft. Ask Sold

KH1B5/B1 2 2 1 car 2nd 1225 $135,000 $117,500

KH1B5/B2 2 2 1 car 2nd 1280 $175,000 $162,500

KH1B5/A2 2 2 1 car 2nd 1280 $225,000 $225,000

KH1B5/B5 2 1 1 car 2nd 1252 $120,000 $120,000

KH3 U 15 2 2.5 1 car 2nd 1688 $199,000 $199,000

Average-2015 4% off asking price $170,800 $164,800

 

Average-2014 9% off asking price $221,750 $202,250

 

These averages compared to a year ago indicate that values are still vacillating. 1 of these sales was a bank owned property.

There are presently eight (8) units for sale with an average listing price of $175,500.

 

River View Commons- 16 Elizabeth Street – No sales

Victorian Square Condominiums – 81 North Main Street

This whole complex sold this year. All 11 units sold including the main house for $980,000. The units are all leased.

Single Family Residential:

The village residences are still very much in demand. People are seeking the convenience that the village offers, the neighborhood camaraderie and the size of the homes are desirable.

My partner, Chris Garrity, sold 23 Lane Street listed for $369,000 it sold for $355,000. This is a lovely 3 bedroom village Colonial with a level back yard. The house has been completely renovated over the last 10 years and features antique maple flooring, moldings and wainscoting. French doors open to the back patio, a cozy office and a formal dining room. Easy to maintain and top of the line appliance and utilities.

8 Elizabeth Street : This early 1900's dwelling is a two family home on almost an acre with Housatonic River frontage and large rear yard. Each apartment has a private entrance and feature 2 bedrooms, a full bath, eat in kitchen, deck and laundry. The main floor has an attached garage and a full basement. It was listed and sold full price at $350,000. We subsequently leased the second floor unit for the new owner.

Commercial:

The commercial market has been pretty active this year. Last October 3rd the town's people voted 124 to 44 in favor of acquiring the 1.6 acre former Chevy Dealership lot across from the Fife n Drum. The town's bid failed and another purchaser paid $420,000 for the lot that was being offered for $495,000.

39 North Main Street sold. This three unit apartment building sits on .14 acres and has 2229 sq. ft. It closed for $240,000 at the end of 2014 and has been completely renovated. There will be two apartments in the dwelling and presently the main street apartment is being converted into two office spaces.

Across the street the Train Station at 38 Main Street sold. The 3400 sq. ft. building is presently being renovated and will be the new location for the pharmacy. The property sold for $785,000.

We leased the former Cliff's Garage at 21 Bridge Street. The building has many levels that include over 9000 sq. ft. of apartments, showrooms, garages and office space. There is an additional outbuilding on the nearly one acre of land. The former "bus barn" for the local school buses is set on the back of the lot. It was asking $3,000 per month for rent.

One of the prettiest buildings in town recently sold. The "Belgique" building at

1 Bridge Street closed for $525,000 after being on and off the market for years. The last list price was $549,000 but the listing was once closer to a million dollar. This classic 3600 sq. ft. Queen Ann Victorian is ornate and well appointed both inside and out. There are 4-5 bedrooms and numerous parlors in the house. The front porch has a great view up Main Street under a lovely old copper beech tree planted in 1898 when the house was built for Dr. Barnum. There is a 2000 sq. ft. carriage house that was once the chocolate store that is included in the sale.

We have a few new listings in town that are of interest.

45 North Main Street, formerly Bank of America is an opportunity in the heart of downtown Kent. This 3300 sq. ft. former bank building is ready to repurpose. 1872 contiguous sq. ft with private offices, drive up window & 100 sq. ft. walk-in vault. There is a large lower level with bathrooms and storage. The second floor has two separate one bedroom apartments leased. The building is ADA compliant with over 18 parking spaces. It has great Main Street visibility and convenient for foot and vehicular traffic. The owner will consider a long term lease at $3000 per month or sale for $675,000.

Chris Garrity is the listing agent.

This is also a great alternative for the Town of Kent to consider for its desire for public bathrooms, parking and information/community center. The owner is willing to work with the town on this idea. Come to the meeting on the Town's acquisition of the Manasse lot and let's hear your opinion!

There are 19 other commercial properties on the market in Kent so there are many options in town.

Lastly, we have listed a charming in town cape at 92 North Main Street. There is a movement to settle in the village and this cute cottage just north of town on .8 acres, has the potential. With a first floor master bedroom with nearby full bath, a large eat-in kitchen, adjoining family room & den with fireplace and a screened porch, first floor living is easy. But wait there is more; two additional bedrooms and a full bath upstairs. All listed for $325,000 and requiring some updating. Dave Fairty has the listing.

Kent continues to thrive. See you on Main Street.

 

Respectfully,

David Bain

Chris Garrity

And the Kent office- Toni Soule, Marilyn DeVos, Scott Harvey, Dave Fairty, Debbie Bain & Eve Iselin

 

 

 

This graph shows the number of successful transactions

in our key towns of Cornwall, Kent and Sharon in 2014

 

 

 

 

 

 

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

October
1

PLEASE CLICK HERE TO SEE THE MAP.

Dear Neighbor,

  Here is the annual Village real estate report detailing the real estate activity in the last 12 months in the village of Kent on the residential, condominiums and commercial properties.

 Sales transactions in all of Kent were considerably lower since I last wrote which echo the national and state trends. Case Schiller report noted that prices have increased slightly while volume of sales transactions has dropped. This drop is in part attributable to the investor buyer segment of the market that has taken advantage of the "good deals" in the last few years. We are seeing a return to a more balanced market where there is a small pool of buyers and a limited amount of homes available for sale.

 Incrementally the market values are getting healthier. Data shows that 2014 average sales price was even stronger than 2013 in Kent. A more accurate reflection of a healing market is the Days it takes to sell and that average is dramatically different by nearly half. There is roughly the same amount of listings on the market (57) than last year at this time (56). We have 4 of these listings in contract to sell.

  Date Sales Av. List Price Market Time Av. Sales Price

2001-02 40 $469,000 148 Days on $423,554

2002-03 37 $505,000 103 Days on $471,000

2003-04 38 $481,000 143 Days on $449,000

2004-05 48 $613,000 116 Days on $565,000

2005-06 41 $690,000 122 Days on $639,000

2006-07 29 $760,000 168 Days on $695,000

2007-08 29 $1,062,000 125 Days on $957,000

2008-09 28 $675,000 161 Days on $585,000

2009-10 27 $1,127,545 226 Days on $1,012,698

2010-11 21 $423,000 192 Days on $379,000

2011-12 28 $591,299 212 Days on $523,515

2012-13 25 $433,000 299 Days on $410,300

2013-14 19 $844,389 154 Days on $758,776

 Here is what transpired in the Village neighborhood since I wrote you last:

5 condominium sales; 4 residential closings; 1 commercial transaction.

 

Condominiums:

The condo values seemed to have dropped considerably. We are seeing sales prices that reflect pricing from a decade ago.

 

Kent Hills - 80 North Main Street

There were seven transactions at Kent Hills in the last twelve months.

Number Bds Bths Gar. Floor Sq. Ft. Ask Sold

KH3 #35 2 2.5 1 car 2nd 1612 $264,000 $240,000

KH1B4/B4 3 2 1 car 2nd 1609 $285,000 $255,000

KH1B1/A3 2 1.5 1 car 1st 1252 $179,000 $169,000*

KH1B1/B3 2 1.5 1 car 2nd 1252 $159,000 $145,000*

Average-2014 9% off asking price $221,750 $202,250

 

Average-2013 10.4% off asking price $170,971 $153,213

 These averages compared to a year ago indicate that values are solidifying. I have asterisked two sales to point out that these two units resold since last year and both sold for slightly more than they were purchased for.

 There are presently four units for sale and we have KH3U25 for sale for $260,000. This Townhouse has commanding views of the village and Mt. Algo. With 1624 sq. ft. this two bedroom 2.5 bathroom home is in excellent condition.

 

River View Commons- 16 Elizabeth Street

The one sale

Number Beds Baths Base. Gar. Sq. Ft. Ask Sold

Unit 6 1 1 None 0 961 $76,500 $70,000

 

Average 8.5% off asking price $76,500 $70,000

 

Single Family Residential:

The village residences are still very much in demand. People are seeking the convenience that the village offers, the neighborhood camaraderie and the size of the homes. Here are three sales:

 

8 Bluff Road is a 1,216 square foot Cape Cod Style home with 2 bedrooms and 1 bathroom presently on the market for sale. Sitting up high above the Housatonic River, this 1900's bungalow is a perfect house to renovate. This half acre property offers privacy and views as well. There is a large boathouse on the property with considerable frontage on the Housatonic River. It was asking $150,000- and I sold this home sold for $135,000.

 

11 Meadow Street is a Cape Style home that sits on .25 of an acre. The house has a first floor master suite and lovely book lined living room with a fireplace. There are two bedrooms upstairs in this 2000 sq. ft. home. We sold it in 1999 for $234,500 and this is the second owner who purchased the home for $330,000.

 

20 Meadow Street is a Cape style home with considerable space. This 3 bedroom home has a bedroom on the main level a large living room with a fireplace and a sizeable basement for storage or a shop. There is perfect solar gain and it has a private backyard. Marilyn DeVos of my firm along with our associate Toni Soule worked to make the buyer and seller happy with a transaction that was in contract within 5 days of listing. The house sold for $345,000 off a $365,000 list price.

 

My partner, Chris Garrity, has 23 Lane Street listed for $379,500. This is a lovely village Colonial with a level back yard. The house has been completely renovated over the last 10 years and features antique maple flooring, moldings and wainscoting. French doors open to the back patio, a cozy office and a formal dining room. Easy to maintain and top of the line appliance and utilities. Ready to go!

 

89A Main Street North is a Colonial house next to the Community House. This antique beauty sold in a direct transaction for $350,000. The house has a fireplace, first floor master bedroom and a formal dining room.

 

 

Commercial:

The commercial market was not as active as last year but there is still a considerable amount of opportunities on the market. On Thursday night October 3rd the town's people voted 124 to 44 in favor of acquiring the former Chevy Dealership lot across from the Fife n Drum. That property is listed for $495,000 and the town was awarded a $500,000 STEAP grant to acquire the 1.6 acre parcel for future town use. Stay tuned for whether a deal can be reached with the seller.

 

Another private sale occurred this past summer where 10 Main Street (the building that houses the bookstore and coffee shop) sold directly for $835,000. This property includes two barns behind the 6760 sq. ft. main building and has 6 tenants. Since this property was last sold in 2000 it has grown in value over $26,000 per year.

 

Listed is 23 Maple Street- Presently a wonderfully successful village inn- The Kent Country Inn-with impeccable details in tip-top condition. Completely renovated 15 years ago from top to bottom it retains the antique feeling with exposed beams, wide board flooring, stonework, 2 fireplaces and 4 suites. It is zoned commercial so there are many options available for use (former site of Restaurant Moosalauke), it could be converted back to a residence for the perfect village home. Privacy is assured in the spacious and level back yard. It is listed for $539,000.

 

There are 6 other commercial properties on the market in Kent so if you wish to see any of them, give us a call.

 

Kent continues to thrive. We had great Summer Sidewalk Sales and the Champagne Stroll in the village the weekend after Thanksgiving will be a great event. See you on Main Street.

 

 

 

Respectfully,

David Bain

 

Chris Garrity

And the Kent office-Toni Soule, Marilyn DeVos, Eve Iselin & Scott Harvey

 

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