Cream Hill Neighborhood Update

Let’s hope that this past blizzard is the worst of the winter and that it is behind us!  Yes, the roads, schools, post offices and town offices were closed, but now we are all open for business! 

Last year in Cornwall there were 23 house sales and 2 land sales, a drop in transactions from 2013 when we recorded 27 houses sold as well as 6 land sales.  Specifically in the Cream Hill area in 2014 we’ve had 2 land sales and 1 house sale.   We currently have 6 properties for sale in your neighborhood.

Two lots totaling 48.9 acres on Cream Hill (see map) have sold for $470,000.  The lots were owned by family members, and while one of the lots had been on the market for several years, last year was the first time they had been offered as a package.  The interest in the double lot package was immediate.  A local couple bought the land. Priscilla Pavel worked with the buyers and sellers in bringing this transaction to fruition.

40 Rexford Road is a ranch house at the end of the road with lovely views overlooking farmland and faraway hills.  With 4 bedrooms and 2 kitchens, this could be a duplex but has always served a single family residence.  Long term Cornwall renters were the buyers at $335,000.

 

 

The third sale was a land sale on Cherry Hill Road. The 14 acres sold for $215,000 in this most desirable area.

There are 6 properties for sale: 5 are land, 1 is a house.

At the corner of Reed Brook Road and Cream Hill Road there is a 9.5 acre lot for sale.

It is adjacent to the 48.9 acres mentioned above and it already has a contract for sale with a closing scheduled for later this Spring. Priscilla again is representing both the sellers and the buyer. The list price is $325,000.

Further down on Cream Hill Road, just behind the Cornwall Consolidated School, there is a 9.6 acre lot available for $150,000.  It has mature timber and a south facing slope.  A building site can be had with a near level driveway.  This one needs to be walked.  David Bain has this listing.

 

Just around the corner on Route 128 Bain agent, Rick Meehan has a 16 acre parcel listed for $175,000.  This lot offers a stream, a hillside,

and a small clearing ideal for a house site.

 

 

 

 

Across the street at 99 Sharon Goshen Turnpike (this is Route 128) Rick Meehan has also listed a converted barn on 2.33 acres.  This 2 bedroom, 2 bath home with 3132 square feet is just awaiting creative ideas for its transformation into a dream house.  It has a lovely deck and a pool. On the exterior there are box stalls for animals and the extra feature of a full house generator which starts automatically and is fueled by propane.  Most importantly, there is an incredible view and all can be had for $390,000.

Last year we introduced a new land listing of 67 acres over on Town Street.  It is still available with its lovely pond, wooded hillside, abundant stone walls and a wide choice of home sites, all with views.  The best news is that it has been reduced by $200,000!  It is now priced at $495,000.

20 Stone Hill Road is a 14 acre lot on a private road just past the Scoville farm.  It has a brook, underground conduits for power installed, 300’ driveway to a walking path and an approved house site with pastoral views.  Priscilla is representing this private parcel listed at $249,000.

We hope you enjoy receiving our updates.  This year is Cornwall’s 275^th anniversary.  Our agent Priscilla on the committee planning a celebration.  If you have any ideas you might share with her about those plans, I’d really appreciate receiving them.

All our letters about Cornwall and the surrounding towns are archived on our website: www.bainrealestate.com under Neighborhood Sold Stats.  Thanks for following our new Cornwall blog: http://the3cornwalls.blogspot.com.  Email this to your friends to see if they find it informative. All our neighborhood letters appear there as well as new listings and recent property sales and other pertinent Cornwall happenings.  

Please feel free to stop by our office as we are right next door to the Wandering Moose and would enjoy your visit.

West Cornwall Market Update

Happy New Year!  We are off to a cold but sunny year with a brighter sales outlook in Real Estate.  Here in West Cornwall we celebrated the 150^th birthday of the Covered

Bridge and the pink house is all gussied up in a lovely cream coat with yellow accents and a beautiful traditional sky blue porch ceiling.  Business is thriving at the Wandering Moose, CJ Burke’s Hair Works Salon, Todd Piker’s Pottery Shop and the Wish House. The Souterrain Gallery has had several wonderful art openings and Ian Ingersoll has also created a beautiful art gallery in his furniture workshop/showroom.

For the second year in a row we are reporting 3 sales in West Cornwall.

1 Tarradiddle Lane is the 19^th century farmhouse that I reported for sale in our last letter.  This 4 bedroom home with eat-in kitchen, wood burning fireplace, handicap accessible first floor bedroom with bath en suite, upstairs master with sleeping porch and backyard studio with another fireplace was listed in January at $375,000 and sold in April for $320,000.  I represented both sides and now those buyers have listed the beautiful brown shingle house across the river in Sharon -319 Route 7-for $375,000 with me.  Please call us to see it.

36 Lower River Road was one of 3 almost identical frame houses from the late 19^th century built next door to each other.  Unfortunately this one suffered a freeze up several winters ago and had major interior damage.  But, fortunately a former Cornwallian saw it and decided to chase down the owner and buy it to renovate.  He paid $185,000 and then discovered that the damage was beyond repairing.  The good news is that a lovely new home has been erected there.  We hope they’ll be moving in soon.

272 River Road is a 6 acre wooded lot adjacent to the one we sold last year. This smaller lot sold for $150,000 to the same buyers.

4 Railroad Street is available for rent at $1800 per month plus utilities.  This 4 bedroom property is unique in that each bedroom has its own private bath and there are 2 laundries complete with a washer and dryer on each floor.  A spacious great room houses the kitchen with stainless steel appliances, a dining area and a living room with access to a back deck and yard.

Currently there are no other Bain listings for sale in West Cornwall, but there are a few other properties available here.  You can find them on our web site www.bainrealestate.com

 Just search Cornwall. 

 

The graph below speaks to our commitment to you and your real estate needs. It tells the story of how hard we work.  Bain has for the 14th year in a row more transactions in Cornwall, Kent and Sharon than any other firm. With offices in Cornwall, Sharon and Kent we are proud to be the leading real estate firm in the heart of Litchfield County!

Figures from CTMLS

Also note bank mortgage rates have recently dropped again, and now it is not difficult to find a 30 year fixed rate under 4%! It is an excellent time to buy or re-finance.  Please refer us to your friends and stop by to chat with us about real estate.