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September
19

Dear Neighbor, 

 

In the spirit of getting back to normal, our neighborhood letters are out again with hopes of keeping you informed on local sales, offerings, trends and the Bain perspective. 

 

The pandemic unleashed a flight to Warren from NYC, swelling our schools, absorbing our housing inventory and pushing our values to levels not seen in a long time, if ever.  

 

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. We predict this new paradigm will be here for a number of years to come. 

 

In the whole of Warren there were 30 property sales in the last 12 months, 4 of those were land sales and 3 were over $1 million! The previous 12 month period saw 55 property sales with12 land sales and 9 properties sold over the $1 million mark. Going back a third year when we were moving into Covid times, there were 56 sales with 3 being land sales and just 9 over $1 million. There were 20 rentals. Currently, there are only 19 properties available in Cornwall and 9 of those are land offerings and 3 are rentals, and 5 were over $1 million leaving only 2 residential properties for sales below that mark. Slim pickings! 

 

In West Warren there were 12 sales in the last 12 months. This dramatic drop is not due to lack of interest, but lack of inventory. Despite fewer listings, purchasing desire is strong, sales are brisk and competition s fierce. Here is what has transpired: 

 

187 Kent Rd                              6/30/2022                   $1,100,000 

Welcome to a private place where you can live, work and play in the most beautiful part of Litchfield County. This very private 49-acre compound begins with a 4300 sq ft 6-bedroom, 5-bathroom Colonial-style farmhouse, with everything you need and more: a chefs eat-in kitchen with Rumsford fireplace and beehive oven, dining room, large light-filled living room and family room, two fireplaces, two wood-burning stoves, hard wood floors throughout, an attached 2-car garage and so much more. The property boasts a gorgeous long, level, private driveway, wonderful views, a 2800 sq ft building housing a two-bedroom guest apartment and attached 4-car garage, a pond and a 2-acre fenced in paddock with a run-in shed. There are endless possibilities for the heated 6000 sq ft building on the property, previously used to house a car enthusiast's collection. All buildings have separate septic systems and utilities and many upgrades including new furnaces and new roofs. 

 

 7 Partridge Rd                         1/12/2022                   $492,000 

This property is a beautiful 4-bedroom Colonial with massive 3-car attached garage on 4.3 acre lot in beautiful neighborhood. The awesome finished walkout lower level has fireplace, bar and built ins plus huge separate game room/theater/exercise room. The house features all new low maintenance engineered flooring on the main level. The kitchen features white cabinets and vaulted dinette, the large living room with a 2nd fireplace. Other features include: 4 generous bedrooms including master suite with 2 closets and full bathroom with double sink, Central air. This amazing level lot has lots of landscaping with privacy and great side yard for ballgames etc.

 

13 Partridge Rd                        10/1/2021                    $420,000 

This property includes a Colonial with a beautiful fenced yard in great condition and includes a landscaped and level lawn in desirable neighborhood setting. Eat in kitchen opens to the family room with private back deck and features a DCS gas range, a center island with hard wood floors in most of main level. Other features include a propane fired fireplace in living room, new carpeting and paint, along with plenty of storage and 3-bay garage. The walk out basement is ready for more usable living space, workshop, play room.

 

92 Reed Rd                               12/16/2021                  $465,000 

This beautiful farmhouse Colonial is located on a level and private 2.34 acres with lots of quality upgrades. This includes a 44x6 covered front porch with ceiling fans, 30x16 back deck and 20x8 screened in 3-season room with all Brazilian Ipe hardwood flooring. The house includes a newly remodeled kitchen with granite tops, 2 sinks and stainless steel appliances. The family room has Southern Yellow Pine floors and antique nails plus woodstove with blower to heat most of the home, the formal living and dining room have wood floors, and the house includes a 2-story foyer. The master bedroom includes a walk-in closet and full Jacuzzi bath plus a separate shower. The oversized 2-car garage has high ceilings and 9 ft doors plus attached storage shed. The lower level is mostly unfinished but has an awesome exercise room. Other features include a new roof with 25 year transferrable warranty, a generator, a huge attic with lots of storage, and a convenient upper level laundry with new washer/dryer.

  

17 Kent Rd                               1/13/2022                    $354,000 

This adorable Victorian Cottage's first floor features include a spacious kitchen with access to an oversized covered porch overlooking the back yard, a formal dining room, a light-filled living room as well as a front foyer. In addition, there's a large unfinished room over the garage that would make a wonderful family room. Upstairs, three bedrooms, two with recently added dormers allowing for great views, share a full hall bath. The property also includes a post-and-beam barn in need of restoration. 

 

95 Lake Rd                               5/27/2021                    $341,250 

This quintessential Litchfield Hills property of 95 Lake Road is nestled back on 6 acres of wooded/private land with portions of the Lake Waramaug brook running through the property. This home is perfect for anyone seeking that coveted Northwest CT privacy or those who enjoy the simplicity and serenity of being surrounded by all that nature has to offer. Inside the home you will find gorgeous cathedral ceilings which are complimented by exposed wood beams and natural hardwood floors giving you that envied farmhouse appeal. A formal dining room leads you directly into the open kitchen which features a center island, views of the back yard, and a door to the rear patio which make for an ideal entertainment layout. Both bedrooms can be found in the rear of the property along with the laundry area and main bathroom. The master bedroom carries the farmhouse theme with massive cathedral ceilings and a contemporary woodstove to provide additional heat. Car enthusiasts, outdoorsmen, hobbyists, gardeners, and all those in need of storage will love the massive detached two car garage and bonus basement garage! A unique enclosed porch with a wood stove is the perfect gathering place and just adds to the charm this wonderful home provides.

  

65 Mountain Lake Rd             12/17/2021                  $327,500 

Incredible property near Lake Waramaug and Warren's Mountain Lake, this 18.72 acre parcel affords tremendous privacy and is surrounded by hundreds of acres of land once owned by the State of CT. The property is near two ponds and a lovely mix of level open pasture and mature forest. The property was home to a summer camp with many structures and cabins still standing

 

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.  

 

 

All the best! 

 

David Bain 

 

 

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

 

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

September
25

Bain Real Estate West Warren 2019 September Marketing Report.

PLEASE CLICK HERE TO SEE THE MAP.

 

Dear Neighbor,

 

While autumn quickly approaches, 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 6 residential sales last year, down from 11 the year before.

 

  

10 Partridge Road is a newer colonial home built in 2002 that sold in July.  This 3 bedroom 2.5 bath is situated on 2.85 acres.  With a furnished basement, 3 car garage and a large deck that overlooks a big level backyard, it's no surprise that it sold in 19 days for $329,900, just down from its original price of $335,000.

 

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.

 

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.

 

  32 Sheehan Road, just across the street, is a 3723 square foot contemporary with 4 bedrooms, 3.5 baths, a pool and a good view over the lake all set of 3.06 acres.  It sold for $1,150,000 with an asking price of $1,250,000.

 

35 Sheehan Road is a 2302 square foot 4 bedroom 2.5 bath contemporary that was totally and tastefully renovated on 3.31 acres with a narrow view of the lake.  It sold for $700,000 with an asking price of $735,000.

 

  

35 Mountain Lake Road is a 1526 square foot contemporary with 2 bedrooms and 1.5 baths set on 1.91 acres.  Originally built in 1985, it was recently totally renovated in 2008 with a metal roof and central air.  It sold for $500,000, down from its original price of $549,500.

 

  

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

 

 

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
4

 

Bain Real Estate West Warren 2018 Market Report.

Dear Neighbor,

PLEASE CLICK HERE TO SEE THE MAP

 

The Warren market continues strong.  Last year we reported 27 residential sales while this past year had 26. There were 5 over $1M and 10 were below $500,000, a nice balance.  The economy has reacted well to the tax cuts and we hope that will bring continued growth to our market.  It is an election year so we will have to wait to see how things settle out.   

In your neighborhood there were 7 residential sales last year!  

 

235 Kent Road was a bank sale of a 1094 square foot 3 bedroom, 2.5 bath ranch built in 1970 on 3.56 acres.  It did have a large attached shop that was more liability than asset and the house was in bad condition.  First listed in October of 2017 for $169,900, it sold in May for $100,500.

 

178 Kent Road is a 2448 square foot contemporary with 3 bedrooms and 2.5 baths built well off the road in 1968 on 20 acres.  It also had a separate artist's studio and a pool.  It did need updating, and deserved the attention.  It was listed for $399,000 and sold in January for $350,000.

 


10 Anita Way is a 2258 sq ft. raised ranch with 3 bedrooms and 2.5 baths built in 2007 on 2.75 acres.  First listed for $339,000 in 2014, it slowly drifted down to $329,000 and then sold this May for $315,000.

 

 

56 Sunset Lane is a 1760 sq. ft. cape with 4 bedrooms and 1 bath built in 1995 on 5.8 acres.  First listed in June 2017 for $270,000, it closed in October for $167,250.



 

170 Lake Road is a 3012 square foot colonial with 4 bedrooms and 4.5 baths built in 1985 on the back of its 5.8 acres.  It was in great condition and had a first floor master and brook and barn.  It sold last July after just 42 days on the market for $609,000, $30,000 below its list price.


231 Lake Road is a1740 antique colonial of 3302 square feet, 5 bedrooms and 2.5 baths recently moved back from the road, enlarged and renovated on 10.6 acres with barn, pond, pastures and woods.  A perfect blend.   It sold last November for $1,250,000 after 406 days on the market, down from its original list of $1,750,000.

 

 

Lake Road was one of three land sales in the neighborhood.  It is a 59.6 acre parcel with a driveway in place that used to be a 7 lot subdivision, but now would require a formal re-subdivision.  It could be an estate site or broken up into several.  We'll see what happens.  It started out at $1.6M and sold in December for $475,000.



 

Hopkins Road is a 2.24 acre parcel of mostly pasture that was listed for $199,000 and sold for $230,000 last July.  It now has a new house framed.

 

Curtiss Road is an 8.5 acre parcel with driveway in place and views of the lake and the vineyards.  Listed in 2013 for $710,000 it came down in stages to $375,000 and sold in January for $325,000.

 

 

We have two properties for sale on Kent Road.

 

35 Kent Road is the nicest 18th century home I've seen in this price range.  With 1665 square feet, 3 bedrooms, 2 baths, 6 fireplaces, great gardens, a pond and brook and 9.8 acres that abut open space, I think it's a steal at $385,000.

 

21 Kent Road is a 988 square foot 2 bedroom 1 bath ranch built in 1063 on .26 of an acre.  The lot is small, but it abuts larger parcels and actually has a lot of privacy.  There is land trust and ponds close by.  It's listed for $219,000.

 

If you or your friends need any real estate help, please keep us in mind. You can find all the properties for sale on our website, www.bainrealestate.com . You can also receive this letter and other neighborhood real estate information by leaving your email address there or sending it to me at db@bainrealestate.com. Have a great summer! I will write again next year.

Respectfully,

David Bain and Chris Garrity

 

 

 

 

 

 

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

 

April
1

PLEASE CLICK HERE TO SEE THE MAP.

Dear Neighbor,

Well, it's April and the flowers are starting to come up and the song birds are back! It's also time for our annual update on what's been happening in Warren and in your neighborhood over the last 12 months. The economy in the country is improving and the real estate market in the Northwest Corner is slowly gaining strength.

 

Here's a little Warren history (our reporting year actually runs from February to February):

 

In 2007 there were 38 homes on the market and 15 sold

In 2008 there were 36 homes on the market and 8 sold

In 2009 there were 40 homes on the market and 10 sold

In 2010 there were 48 homes on the market and 17 sold

In 2011 there were 28 homes on the market and 12 sold

In 2012 there were 22 homes on the market and 13 sold

In 2013 there were 25 homes on the market and 17 sold

In 2014 there were 20 homes on the market and 25 sold

 

Today there are currently 24 homes on the market in Warren and this past year saw 22 houses sold. If we look at the land market there are 9 parcels currently offered (last year there were 12) and three sales recorded (last year there were 2).

There are 7 parcels of land currently on the market and there was only one land sale in Warren in the past year. It was 50 acres on Above All Road that went to the Warren Land Trust in September for $275,000

Your neighborhood had 10 residential sales (up from five last year!) Starting at 190 Kent Road, a 1766 square foot ranch with 3 bedrooms and 2 baths built in 1961 on 4.8 acres sold in January for $ 120,000.

25 Anita Way is a 2440 square foot colonial built in 2006 with 4 bedrooms and 2.5 baths on 21.94 acres that sold after 5 years on the market in June for $195,000 down from its original list price of $579,000 in April of 2011 and its final list price of $225,700 this December.

At 30 Partridge Road a 2212 square foot colonial with 4 bedrooms and 3.5 baths car built in 2002 on 1.96 acres sold in March of 2115 for $265,000.

43 Partridge Road is a 1376 square foot high ranch with 3 bedrooms and 3 baths built in 2005 on 1 acre. It had previously sold in 2005 for $369,900 and most recently it was listed in September of 2014 for $324,900 and sold this last August for $299,000.

84 Reed Road is a 2909 square foot colonial with 4 bedrooms and 2.5 baths built in 2005 on 7.67 acres. We sold this in 2011 for $395,000. It was listed in January of 2015 for $429,000 and closed in August for $367,000.

20 Sackett Hill Road is a 1713 square foot contemporary with 3 bedrooms and 2 baths built in 1986 of 4.23 acres. It first came on the market in April of 2014 for $369,000 and sold in March 2015 for $275,000.

24 Sackett Road is a 1920 square foot antique built in 1760, beautifully renovated with 3 bedrooms and 2.5 baths set on a nicely landscaped 3.62 acres. It was listed in July and we sold it in September for $380,000

190 Lake Road is a 1154 square foot cottage with 2 bedrooms and 1.5 baths built in 1940 on 9.7 acres. It was first listed in October of 2006 for $429,000, then rented for a year, then listed for $399,000 in July of 2011, rented again and finally listed for $325,000 Last July. It sold for $313,500

222 Lake Road is a 2036 raised ranch with 3 bedrooms and 2.5 baths built in 1978 on 3.31 acres. It was first listed in October of 2007 for $395,000 and finally sold after several price reductions this October for $189,000

52 Mountain Lake Road is an 1174 square foot cottage with 1 bedroom and 1 bath built in 1956 on 2 acres. First listed in September for $285,000, it sold quickly in January for $263,625.

We have two listings for sale in the neighborhood. There is more information about both on our web page, www.bainrealestate.com

35 Kent Road is a 1780 colonial in excellent condition with 6 fireplaces, 3 bedrooms and 2 baths on 10 acres with pond and brook frontage and the best gardens I have seen. It's asking $450,000.

211 Lake Road is converted barn with a kitchen dining room heated porch addition on 6 pastoral acres with great eastern views. 3 bedrooms and 3 baths. Asking $575,000

All of the current MLS listings can be seen on our website www.bainrealestate.com. Your entire past neighborhood letters and maps are archived there ('Market Update) as well as other neighborhood letters in Warren and surrounding towns. I encourage you to visit our site. It's loaded with information about listings, recent sales and our towns. There is also a way there to get direct email posting of new listings as they hit the market.

I am also happy to tell you for the 13th year in a row we have been the leading broker in Kent, Cornwall and Sharon with more transactions than any other broker. We would like to do the same in Warren and ask for your help. We also received again 2 separate recognitions for our work: The US Commerce Association gave us the designation " Best of Kent in 2011-15." The Connecticut Magazine conducted an independent survey of buyers and sellers through out Litchfield County where we finished with " Highest in Overall Satisfaction," a title we work hard for and cherish.

If you know anyone thinking of selling their property, we would like the opportunity to talk to them about our marketing. Thanks. I'll write again in a year to let you know what's happened.

Respectfully,

David Bain

Chris Garrity and the Rest of Our Kent Associates

Toni Soule, Marilyn Devos, Eve Iselin, Scott Harvey & Dave Fairty

 

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

February
1

PLEASE CLICK HERE TO SEE THE MAP.

Dear Neighbor,

Well, it's February and time for our annual update on what's happening in Warren and in your neighborhood. The good news is that the economy in the country is improving and the real estate market in the Northwest Corner is gaining strength. There are fewer foreclosures that were dragging us down and there are more buyers searching for homes (see the Warren sales stats for the last year below) and happily land parcels are seeing increasing interest even in this snow!

Here's a little Warren history (our reporting year actually runs from February to February):

In 2007 there were 38 homes on the market and 15 sold.

In 2008 there were 36 homes on the market and 8 sold.

In 2009 there were 40 homes on the market and 10 sold.

In 2010 there were 48 homes on the market and 17 sold.

In 2011 there were 28 homes on the market and 12 sold

In 2012 there were 22 homes on the market and 13 sold

In 2013 there were 25 homes on the market and 17 sold

Today there are currently 20 homes on the market in Warren and this past year saw 25 houses sold! That's a significant jump, the most sales in a given year since we started these letters.

There are 12 parcels of land currently on the market and there were only two land sales in Warren in the past year.

Your neighborhood had five residential sales, up from just two last year!

Starting at 258 Kent Road, a former Eric Sloane home dating back to 1775 sadly became a bank foreclosure. This 1660 square foot antique was a cute home when we sold it in 2005 for $440,000. Then extensive remodeling including an addition of a second floor bedroom over the garage and combining two small bedrooms into one the colonial was transformed into a charming 3 bedroom 3 bath home on 4 acres. Coupled with a large barn (with old apartment and fireplace) this renovated home was worth around $700,000 pre 2008. Unfortunately due to economics it was subsequently abandoned and developed water leaks, serious black mold and significant rot. It sold after 4 years on the market and in the hands of JP Morgan Bank for $168,000.

 74 Reed Road is a 3288 square foot colonial built in 2004 with 4 bedrooms and 2.5 baths built on 4.93 acres that sold after 3 years on the market in June for $395,000 down from its list price of $459,000.

At 45 Partridge Road a 1600 square foot high ranch with 3 bedrooms and 2.5 baths and a 3 car garage built in 2005 on 1.03 acres sold in July for $213,000.

144 Curtiss is a converted barn originally built in 1908 with an addition of over 3000 square feet, and newly finished 3
bedrooms and 3 baths on 3.4 acres with heated gunite pool. On the market for 4 years listed at $1,095,000 it sold in December for $850,000

218 Lake Road is a 1660 square foot ranch with 2 bedrooms and 2 baths built in 1972
on 2 acres. Listed in May for $178,000 and sold in July for $178,000. This one was well priced and went fast.

We have a beautiful 53 acre parcel for sale on Above All Road for $324,000. It has long road frontage, sub-division potential and mature trees of timber quality. With potential views and two brooks this is a great investment parcel or estate site.

All of the current MLS listings can be seen on our website www.bainrealestate.com .

Plus your entire past inventory of neighborhood letters and maps are archived there at (Neighborhood Sold Stats). I encourage you to visit our site with information about listings, recent sales and our towns. There is also a way to get direct email posting of new listings as they hit the market.

I am also happy to tell you for the eleventh year in a row we have been the leading broker in Kent, Cornwall and Sharon with more listings and sales than any other broker. We are also top ranked in Warren thanks to your support.

We again received to 2 separate recognitions for our work in 2014:

  • US Commerce Association designated us " Best of Kent in 2011-14"
  • Connecticut Magazine survey " Highest in Overall Satisfaction"

 

Both are titles that we work hard for and cherish. So if you know anyone thinking of selling their property, we would like the opportunity to talk to them about our marketing. Thanks. I'll write again in a year to let you know what's happened.

 

Respectfully,

David Bain

Chris Garrity

And the rest of our associates:

Kent: Toni Soule, Debbie Bain, Marilyn DeVos, Eve Iselin, Scott Harvey, Dave Fairty

Cornwall: Priscilla Pavel, Rick Meehan, Heidi Kearns

Sharon: Jennifer Luning, Michele Pastre, Drew Holland, David Almquist

 

 

 

         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.