Here is the annual real estate report detailing the real
estate activity in the last 12 months in the Ellsworth neighborhood.
Sharon
home sales were only slightly off of last year’s sales with 41 homes selling in
the last 12 months against 43 reported last year at this time. There are 75
homes on the market in
Sharon
(with 7 homes in contract to sell) which is a slightly larger supply of homes
for sale than last year by 7 offerings. There are 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.
Earlier in the year the market was vibrant with a number of
homes selling. Spring through mid summertime was also quite strong.
The market is traditionally slow as summer
ebbs, but the 4
th quarter has closed out nicely as the buyers are a
bit more eager to buy. Additionally, the last 12 months has seen 7 land sales
according to the CTMLS and the town records. It is especially nice to see the
uptick in interest in land.
So it appears the current trends are positive!
Here is what is going on.
There is considerable activity on
Herb Road with two
recent sales, one land parcel in contract and one house under
construction.
This quiet unpaved road is
seeing some changes.
Sold:
85 Herb
Road- Listed: $398,000-
Sold:
$315,000 We represented both sides
of this last house on Herb Road and where one can enjoy peace and quiet on 18 wooded
acres with both stream and pond.
It is a
one bedroom house (4 bedroom septic system) with cherry flooring, pine, stone
and large windows. The 12' deep fresh spring water pond is stocked with fish.
It abuts over 1000 acres of preserved land and is really nicely done.
80 Herb Road- Listed: $595,000-
Sold: $525,000 Situated on
nearly 20 acres of orchard fields and woods this 2534 sq. ft. home was built in
1985 with an early adoption of environmental considerations.
The solar array provides power, the passive
solar windows offer warmth and the post and beam construction allows for good
flow of air.
Over the hill at 33 Morey Road
a contemporary home on 9 acres closed for $205,000. The home, which sold directly, maintains over
1200 sq. ft. of living space complete with 2 bedrooms and 2 bathrooms, electric
heat and soft pine flooring. The house
requires considerable renovation.
Next door a 1960’s modern home was last listed
for $274,000 before closing for
$267,500
after two years on the market.
29 Morey Road
is a one level home of 2100 sq. ft. with 4 bedrooms and 1 and a half bathrooms.
Mid century elements detail the home with large floor to ceiling windows and
spacious rooms throughout.
The property
is a level 1.55 acre parcel with stone walls and mature plantings.
Another house sold privately, this one at 266
East Street. Set on 28 acres of woods and open
land the house entails 2 bedrooms and 2.5 bathrooms in 2900 sq. ft. of space. There
are hardwood floors in this one level 1990’s home. The garage hosts a guest apartment atop that
is nearly 800 sq. ft. with a bed and bath. The property sold for $925,000.
Lastly, 196 East Street
is an amazing 170 acre property of fields and woods. This gentleman’s farm is a holdover from a
former dairy farm. There is a small 2000
sq. ft. remodeled cabin from the 1940’s that has a fireplace, new kitchen and 3
bedrooms and 2.5 baths. There is a more
modern 4 stall horse barn plus a large 5 bay car barn with a full apartment
atop. Roughly a third of the land is in fields with plenty of room for more
development. The views are distant to
the east and south making for a perfect solar capture. The property closed at $3,000,000 which is just under $16K per acre not including the
improvements
For Sale:
Just around the corner at
33 Tichnor Road we have a wonderful country
property offering with 4 acres.
Here one
finds serenity & simplicity of living. Wood roof & natural siding,
crisp, clean lines all created by Rafe Churchill Design. Multiple buildings dot
the property - utilitarian and efficient. The rooms are both distinctive and
comfortable with modern lighting fixtures echoing 1700s Shaker sensibilities.
The renovated kitchen is amazing with a Liebherr refrigerator, 6x4 gas AGA
stove, Miele coffee system, farmhouse sink, Groeh fixtures & 2 Fisher
Paykel cleaning drawers. Its so special it was featured in
numerous magazines as well as selected as the
Wall Street Journal House of the Day in
October.
Listed
$975,000.
1 Northrup Road
has a peaceful pastoral setting on 5 plus acres of gentle rolling topography
and offers easy access via Route 7 and Route 4. This parcel has been
perc-tested and surveyed, just pick the site with the best view and build your
dream getaway.
Listed by my office
associate Rick Meehan for
$125,000,
it is the best most affordable parcel currently offered.
89 West Woods Road at $1,800,000- is an 83 acre property
of woods, pasture with incredible western views that capture the
Catskill Mountains.
There are two barns, one a horse stable complete with tack room and
apartment above.
The property has access
to numerous miles of horse trails through Ellsworth and Westwoods’
neighborhoods. My associate Toni Soule has this property listed.
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.
Lastly, 
