Here is the annual real estate report detailing the real
estate activity in the last 12 months in the
Village of Sharon.
In the whole town home sales were ahead of pace with 45 homes
selling in the last 12 months against 41 reported last year at this time. And
by comparison there are 66 homes listed compared to 75 homes on the market in Sharon last year.
|
Status: Closed (45)- Sharon CT Jan
2014-Jan 2015
|
|
|
Beds
|
Bth
|
SqFt
|
List Price
|
LP$/SqFt
|
Sale Price
|
SP$/SqF
|
SP/LP
|
ADOM
|
|
Avg
|
3
|
3
|
2,672
|
$911,760
|
$285.12
|
$792,542
|
$248.54
|
0.86
|
181
|
Additionally, the last 12 months has seen 9 land sales
according to the CTMLS and the town records. It is especially nice to see the
uptick in interest in land.
There were fewer foreclosures and there is an increase in
buyer traffic. Stability has settled in as the local real estate market is getting
healthier incrementally and maintaining a consistent pace of sales and
listings. The average period that a house was on the market (ADOM) is 6 months
which indicates a balanced market. While this news is all positive news, values
in the state are still approximately 22% off the prices of 2006.
Sold:
80 Amenia Union Road- Listed: $1,490,000- Reduced: $1,200,000
Sold: $1,200,000. This lovely 1820’s
3300 sq. ft. home requiring renovation is
sited on a 51 acre parcel of land overlooking
a Nature Conservancy preservation.
There are 5 bedrooms and 3 bathrooms and
large open rooms with floor to ceiling windows.
A large barn complex is also a feature here.
Benton Hill Road- Not Listed: Private sale- a 5.76 acre parcel of open field overlooking
land owned by the Sharon Country Club. It was a sundrenched lot with
northwestern views and recently sold for $300,000.
Heading north into the village 31 South Main Street sold again. Ten years ago this cape on .52 acres closed for $490,000. The 1950’s home contains over 1400 sq. ft. of living space complete with 2 bedrooms and 2 bathrooms. It sold again in 2013 for $442,500 (10% loss) and just sold once again in 2014 with improvements for $470,000 (5% gain). This home’s sale history is a good view of the market cycle!
I assisted the purchasers of 17 Great Elm Road
in their acquisition of this incredibly beautiful home. It is sited on 3.13 acres of open lawn and
gardens in nice proximity to the association pool. With over 6000 sq. ft. this house offered
wonderful value at a $730,000. A large portion of this former Buckley estate
is a grand second floor ballroom/library.
With paneling and high ceilings the space is a perfect place for family
gatherings. With 6 bedrooms and 6 and a half bathrooms in this 1940’s home,
this purchase was a great opportunity.
A private sale of a commercial property at 16 Amenia Road, the home of Sharon Auto Body, had
over 1700 sq. ft. of office space and a 6 bay shop. It is great to see a healthy business
continuing to thrive in town. The Sharon Land Records show a sale of $635,000.
Just down Amenia Road, #64 sold after 179 days on the
market. The 1850’s colonial is in very
good condition and has just .83 acres of land.
The 2200 sq. ft. home offers 3 bedrooms and 2.5 bathrooms. It closed for
$345,000, a 12.5% off asking price
of $395,000.
Up on the Green
49 Main Street
closed. Its list price: $565,000 but its sale price was
$325,000. This
Main
Street beauty was on the market for over 500 days
before it found a buyer to appreciate this 1803 home with gracious rooms, fine
antique detailing and numerous fireplaces.
The house requires considerable attention to update it, but is well
worth it. There are 4 bedrooms and 2 and a half bathrooms in this 2500 sq. ft.
Saltbox style home. A lovely terrace and backyard are included on the .53 acre
in town parcel.
A condominium sold at
4 Upper Main Street, #6.
Listed for $210,000 this 2 bedroom, 2 bathroom unit is in very good
condition.
It has over a thousand square
feet of living space. It closed for
$190,000
in October.
I helped the purchaser of
74 Still Meadow Road who was attracted by the large, deep
pond and privacy the 5 acre parcel affords.
The house was built in 1960 with 3 bedrooms, 2 baths, cathedral ceiling
living room with a fireplace and a spacious family room with sliders to the
lawn and pond.
Views across the water
can be seen from almost everywhere in the house. The property sold for
$415,000.
The small commercial building at 5
Calkinstown Road has sold and plans are in the
works for a wonderful change. The
existing structure is a 1564 sq. ft. commercial building with two units that have
seen numerous tenants in and out for years.
While the lines of the cottage like structure are nice, the practical
use of the building for today’s commercial needs and codes is lacking. The
property closed for $163,000.
Another commercial property transferred at 110
North Main Street. The property was purchased
late in 2013 and then two buildings on the property were demolished revealing a
pretty view to the north. Three buildings
were left (two storage facilities as well as the former Dance Studio) and so it
will be exciting to see renovations to this highly visible commercial spot that
sold for $250,000.
A lovely 1907 home at
59 Hilltop Road sold for
$1,000,000 after being on the market for 149 days.
Listed for $1,685,000 then reduced $200,000,
this 4700 sq. ft. beauty has 5 bedrooms and 4 and a half bathrooms.
The elegant detailing throughout the home
such as beamed ceilings and grand spaces like a drawing room, a kitchen with a
formal butler’s pantry and 2 master suites made this special.
On the Green
149 Main Street
the former General Store sold for
$105,000.
Listed for $145,000 this iconic pillared
building requires considerable renovation.
The old store had no heat, no plumbing and was a throw back to days when
life was not as comfortable.
Ensuing
renovation to today’s standards will breathe new life back into this classic
building and it will once again shine on the Green!
Two doors south at
141 Main Street
is a 1800’s colonial that also sold in the last twelve months.
The 4482 sq. ft. antique has been wonderfully
renovated with central AC, new kitchen and offers both living quarters and
commercial space. Set on .92 acres of land there is plenty of parking in the
rear.
The home has 5 bedrooms and 4.5 bathrooms
with polished old floor boards, patina hued paneling and stairs all in 200 year
old wood. It sold for
$545,000.
Down towards the hospital I sold off two of my
buildings at 29 and 31 West Main Street. Now part of a
commercial condominium, my wife and I were happy to help keep a restaurant stay
here in Sharon! The commercial building (Pig’s Fly) is over
1000 sq. ft. and he now serves beer and wine.
The back building is a 2 bedroom, one level residential home. The two
buildings sold together while I have retained my lovely Victorian office. The
sale was transferred at $285,000.
13
Hospital Hill was an office building owned by Essent Health Care who sold
the 1,938 sq. ft. commercial building privately for $125,000.
20 King Hill Road
was listed for $169,000 and sold 250 days later for $150,000. The cape style
home offers lovely views across the Sharon
Valley but requires
considerable attention. The 1950’s home has 4 bedrooms, 2 bathrooms a large
sunroom and a living room with a fireplace.
The renovation theme continues. Simply there is a large stock of aged housing
that requires updating, renovation and modification to today’s standards
aesthetic and building safety and health codes.
 |
| Before |
 |
| After |
That applied at 21 Mudge Pond Road
where a lake cottage that was built in 1935 sold for $123,000. It has 1400 sq.
ft. of living space with 3 bedrooms and 2 bathrooms. The house was purchased and renovated-new
kitchen and bathrooms. It is now back on
the market for sale for $309,000.
Over 5 acres of land sold at 14 Sharon Station Road for $135,000. The parcel had a
driveway installed to a building site and pretty views.
At
123 King Hill Rd
a 2200 sq. ft. home sold for
$200,000.
This was a private sale. It is a 4 bedroom 2.5 bathroom two-story colonial home
on .79 acres of land with a nice brook.
We sold
120 Sharon Valley Road
another 1970’s colonial on .71 acre.
It
has a front porch, 1440 sq. ft. and 4 bedrooms.
This was a bank owned property that requires renovation. It was listed
for 3 months for $139,000 and closed for
$119,975.
We also sold
209 Amenia Road
a 1350 sq. ft. home with two bedrooms and two baths.
The one level home is set well back from the
main road and maintains a large kitchen and master suite.
Listed at $199,000 it closed for
$195,000.
The most talked about sale was the
Colgate Mansion at
138 Amenia Road.
What is more impressive than the selling price of
$6,137,500 is that another iconic
Sharon property is to be revitalized.
It is a testament that people still desire to
live in our town and that the properties are worthy of reinventing, redoing and
regenerating for centuries to come.
This Mansion erected in 1903, the Colgate Mansion
is one of the most beautiful authentic estates in New
England, 50 acres, all original details, stone/stucco exterior,
carriage trails, level pasture, stone walls. For more details search the sold
section of Sharon
on my website.
For Sale:
We have a number of properties listed here in the Village
and there are more listings available on our site. Here is what is for sale:
103 Sharon Valley Road
is a nature lover's sportsman's property with long views, beautiful fields,
thousands of feet of frontage on pristine Webatuck Creek. Nature abounds on
these 123 acres of land, an antique barn in wonderful condition with a bridge
crossing the river to property of fields and streams, woods and trails. The
main house is a classic 1870’s antique in great conditions offering 5 bedrooms
and 3.5 bathrooms. A real find for
$1,348,000
listed by Priscilla Pavel.
Up on The Green David Almquist has
just listed
133 Main Street
for
$399,000. Built on the site of the former
Sharon Casino,
it was built in 1927 after the Casino burned down.
With 1744 sq. ft. there are three bedrooms
and 2 full and 2 half bathrooms.
The
details are beautiful with wood flooring, specially carved banisters, fireplace
and whimsical windows. A real treat that needs only touches of updating.
One of the only examples of Greek revival
architecture in
Sharon
is
32 North Main Street listed
for
$268,000. I have this single family home which is in
move-in condition. Solidly built with period details, this home offers three
bedrooms and a bathroom on the second floor. The main level has a dining room,
living room with fireplace and built in bookcases and a renovated kitchen.
Classically designed with Ionic columns, fantail portal above the door, it is a
real piece of art.
There are two large decks
on the back of the house overlooking amazing views across
Sharon Valley.
56 Gay Street
is a perfect in-town beauty that Toni Soule has listed. The house is in tip-top
condition and while spacious the 4 bedrooms and 2.5 bathrooms are not
overwhelmingly large.
It is a perfect home
for a couple or a family. There are 3.9 acres with room for a garden or pool.
There is also a two story barn that was used
by the former artist/documentary filmmakers as a studio/storage. It is listed
at
$475,000.
2 Jackson Hill Road offers great value. Set on a scenic 24
acres, this beautiful country style home boasts 6 bedrooms and 4 bathrooms.
Built in the 1850’s this home has a formal library, living room and dining
room.
There are even maid’s quarters
that make a perfect nursery.
The house
is in good condition with a modern kitchen and a rustic barn. The grounds
maintain mature plantings and the view across the expansive wetlands is full of
bird life.
It is listed by Drew Holland
for
$399,000.
I have listed 72 Hilltop Road
for $350,000. Set on three quarters of an acre of land with
views to the east, this privately sited home is a two-story colonial style home
with 4 bedrooms, formal dining room, and large living room with a
fireplace. Antique flooring, wood
paneling and detailed moldings make this a splendid in town home in which to
reside.
Unit #12
at 8 Upper Main Street
is on the Green in Sharon
offering no step access and just the right amount of space for very low
maintenance and carefree living. One level with a spacious master suite and an
extra bedroom and second full bath offer a convenient lifestyle. To that add a
wonderful living room with deck and fireplace and an office and the compliment
is complete. Jen Luning of our firm has it listed for $149,000 you can let others do the lawn mowing and snow plowing for
you.
35
New Street is a listing Michele Pastre of the Sharon office is offering for $225,000. This 3 bedroom 1 bathroom home is one level and maintains oak flooring and a
fireplace. The large in town lot has great privacy in the back with space for a garden and
many mature trees. It is a perfect size for retirees, starter or small weekend
home.
There are a number of 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.
Please note that not all listings and
sales transactions are through David Bain Real Estate.
