Blog :: 02-2015

Greenwich CT Real Estate | December Transactions

Nov. 21 and Dec. 15:

  • 12 Ballwood Road -- Nancy Austrian to AMAG Properties, LLC, $1,600,000.
  • 14 Birdsong Place -- Charleen Tzou to Qi Shi and Yongfeng He, $1,099,000.
  • 31 Boulder Brook Road -- Randall and Lisa O'Connor to Ajitsinh Mohansini and Daxa Kara, $2,934,000.
  • 20 Carpenters Brook Road -- TD Capital LLC to Francis Mara, $3,300,000.
  • 21 Cedarwood Dr. -- Murray and Pearl Strauber as trustees to 21 Cedarwood Dr., LLC, $2,400,000.
  • 12 Center Dr. -- Stephen and Amy Mellendorf to Pierre-Andre Liduesa and Liza Dorsey, $1,125,000.
  • 16 Chapel St. -- 16 Chapel LLC to Frank Carpenteri Sr., $935,000.
  • 58 Club Road -- Philip and Sarah Skidmore to Kimberly Fulton as trustee, $3,500,000.
  • 71 Connecticut Ave. -- Lisa Huang to LJ Insight LLC, $1,331,000.
  • 34 Crawford Terrace -- Michael and Siri Parsons to Robert Wishnick, $907,000.
  • 16 Cross St. (vacant land) -- Margaret and Kristin Caruso to Russell Penn Jr., $305,000.
  • 2 East Elm St. -- Capital B LLC 24 East Elm St. LLC, $5,850,000.
  • 168 East Elm St. -- Dwight Renfrew Jr. to SEBB Properties, LLC, $625,000.
  • 1465 East Putnam Ave. #530 -- Sasha Goldman to Laima Masone, $368,000.
  • 9 Georgetowne North Unit 9 -- The Estate of Joseph Kazickas to Mark Spano, $810.000.
  • 27 Georgetowne North -- The Estate of Phyllis Rodriguez, Thomas Rodriguez as executor to Jeffrey Stockwell, $877,000.
  • 54 Grahampton Ln. -- Suzanne DePalo to Hawthorne Development LLC, $2,450,000.
  • Greenwich Hills Dr. Garage #32 -- The Estate of Nicholas A. Ponticelli, Catherine Coccimiglio to William and Eileen Lutz, $25,000.
  • 5 Hawkwood Ln. -- Mary Waldron to Lawrence and Joan Sigler, $1,885,000.
  • 9 Highland Place -- The Estate of Lenore Elich to Pasquale Porco, $550,000.
  • 2 Homestead Ln. #313 -- Pemberwick Apartments LLC to Richard and Irene Bocca, $384,500.
  • 40 Husted Ln. -- Thomas Harrington to Peter and Sarah Von Der Ahe, $4,425,000.
  • 5 Keofferam Road -- Paul and Sheryl Coughlin to 5 Keofferam, LLC, $3,565,500.
  • 50 Lafayette Place Unit 3F -- The 1997 Revocable Trust of Constance Hekker, Kai Hekker as trustee, to Fernando Gonzalez, $240,000.
  • 87 Lake Ave. -- 87 Lake Ave., LLC to Colleen Compston, $1,300,000.
  • 895 Lake Ave. -- BSF Properties to Seth Ruthen, $9,025,000.
  • 4 Lantern Ln. -- Cynthia Broc and Adrienne Capirchio as executors of The Estate of Catherine O. Zach to Stephen and Jennifer Iasillo, $705,000.
  • 9 LeJeune Court -- Themis Hios to Chung-Jui Wang and Chin Lin, $1,030,000.
  • 34 Loading Rock Road -- Brigitte Kalsah to Michael Parsons, $1,405,000.
  • 14 Lucy St. -- Marianne Tierney to Sean Tierney, $747,178,63.
  • 0 Meadowcroft Ln. -- Douglas Brown to Joel M. Kaye as trustee, $4,750.000.
  • 215 Milbank Ave. -- Faita Sommerfield to 215 Milbank LLC, $2,100,000.
  • 34 Miltiades Ave. -- Daniel Romanello as trustee to CPPP34 Miltiades, LLC, $1,100.000.
  • 1 North St. -- Retained Realty Inc. to Wilburn Bonnell, $540,000.
  • 138 North Water St. -- Susan and John Belicka Jr. to Daniela Becher, $485,000.
  • 34 Oval Ave. -- Carlo Tunioli to Elvis and Barbara Galic, $1,440,000.
  • 282 Overlook Dr. -- John and Samantha Woodruff to Alanna Hynes and Philip DeGisi, $2,895,000.
  • 112 Pemberwick Road -- Michael and Denise Grabarz to Cheryl Quain, $555,000.
  • 6 Pintail Ln. -- Ellen Slenker to Rowan Snyder, $1,175,000.
  • 34 Pleasant St. -- Carolyn and John Lodato Jr. to Nanielle Rossi, $1,025,000.
  • 3 Putnam Hill Apt. 3-J -- Kenneth Bohacs to Mary Ellen Daly, $325,000.
  • 53 Ridge St. -- 53 Ridge St., LLC to Mark Vitale, $1,600,000.
  • River Road Unit D-8 -- Gary Peterson to Corey Albert, $52,000.
  • 104 River Run #104 -- Daniel Conforti to Gregory Large, $510,000.
  • 8 Shore Road -- David and Garret Rasmussen as trustees to David Rasnussen, $18,714.
  • 31 Spezzano Dr. -- Christopher Mangold to Peter and Renee Oliver, $727,000.
  • 48 Spring St. -- Janina Casey to Melissa Tischler, $890,000.
  • 661 Steamboat Road (portion of Unit A) -- Dorinda Dodge Schreiber to John David Barrett, $76,800.
  • 680 Steamboat Road Unit 3 -- Richard Niner to David Kaytes, $2,450,000.
  • 104 Stonehedge Dr. North -- Alves Neri Jr. and Athena Koporis, $1,450,000.
  • 9 Strickland Road -- William Joyce to Joyce Van Lines, Inc., $725,000.
  • 25 Tait Road -- Michael and Elizabeth Barnaby to Carolyn Nesvig, $2,050,000.
  • 33 Talbot Ln. Unit 18 -- Martha Maldonado to Ellen Slenker, $500,000.
  • 41 Tomac Ave. -- Gordon and Nora Cooper to David Junius, $2,690,000.
  • 36 Valleywood Road -- Steven and Stacy Friedlander, $1,195,000.
  • 30 Vineyard Ln. -- Lee and Jacquelyn Browne to 30 Vineyard Ln., LLC, $4,550,000.
  • 5 Wallasy Way -- Elizabeth Grossman to Herman Wong, $842,000.
  • 9 Weaver St. Unit 9 -- Lee Hardvall to Matthew Tallett, $205,000.
  • 526 West Lyon Farm Road -- Crocker Nevin to Margaret Riemer, $870,900.
  • 340 West Putnam Ave. -- Griffin & Howe, Inc. to Miller Partners, LLC, $1,000,000.
  • 8 Whiffletree Way -- George Podurgiel to Andrea Beatrice Ridberg, $272,500.
  • 8 Whiffletree Way -- The Estate of Jane Helen Podurgiel to Andrea Beatrice Ridberg, $272,500.
  • 25 Willowmere Ave. -- Gary Grossman and Stefany Lys-Grossman to Thomas Shull and Dorothy Carroll, $1,900,000.
  • 27 Woods Ave. -- Vivian Sandor as trustee to Joel Berry, $600,000.

 

Fifty Shades of Grey and It's Relevance to Greenwich Real Estate

50-Shades-of-Grey-PosterGone are the days when you could simply call your real estate agent to list your home and have it be as simple as a tour with them to review how lights and the alarm system worked. As one client who is days away from completing a re-imagining of their home that included painting the entire first floor rooms, removing curtains, taking away nearly all of their furniture and bringing in a stager, shared, "I love it but you can't believe how much work it's been". For the unveiling of this home, sit tight until March 3rd.

So here's the skinny on listing your home in Greenwich: If you are trying to attract buyers who are young families and particularly young families living or influenced by sophisticated city life such as Manhattan, you need to have them open the door to your home and fall in love with it. And while many folks claim "I can see past the decorating", it's so much easier to catch them at "hello" when the front door is opened.

Creating a feeling often starts with the color palette. 2014 was all about the neutrals-- maybe not 50 grey variations but just about. What colors are going to be popular in home design in 2015?

Like many things, color trends in interior design tend to cycle. Our review of 2015 trends shows that the neutrals will still be a mainstay but color will make a return. And not just any color. Bold colors, including pinks and purples as seen in the new fabrics of China Seas and bedding of Matouk (carried at Lynnens in Greenwich) will be popular along with Mediterranean blues that are reminiscent of the church tops in Santorini. Miles Redd, (a longtime favorite of mine) is always one to watch, and is working in palettes of the 1960s colors. Alessandra Branca, believes that colors inspired by the Renaissance will return.

Are the whites, greys and off-whites gone? Not as long as Restoration Hardware, Johnathan Adler, Mitchell Gold and other major furnishing companies feature them in the their line.

Speaking of color shades, and specifically, Fifty Shades of Grey--the long anticipated movie is now playing at the Greenwich Bow Tie Cinema. On Valentine's Day, you can see it as early as 10:45 a.m. or catch the last show at 9:45 p.m.

Color Forecasting for 2015: Fifty Shades of Grey

50-Shades-of-Grey-PosterGone are the days when you could simply call your real estate agent to list your home and have it be as simple as a tour with them to review how lights and the alarm system worked. As one client getting ready to list their home said to us this week while knee deep decluttering 20 years of home life and considering quite a robust proposal from a stager that includes painting out rooms and staging 13 of them, "This is more than we ever thought about!" It can certainly be overwhelming.

But here's the rub: If you are trying to attract buyers who are young families and particularly young families living or influenced by sophisticated city life such as Manhattan, you need to have them open the door to your home with a sensibility that resonates with them.

Creating a feeling often starts with the color palette. So what colors are going to be popular in home design in 2015? In the past year, we have seen a preponderance of white, ivory, and grey--- all shades. This color combination was established by the the big furniture vendors--Restoration Hardware and their linen look, Mitchell Gold and their white and grey showrooms, Johnathan Adler with his white pottery... the list goes on and on.

Like many things, color trends in interior design tend to cycle. Our review of 2015 trends shows that the neutrals will still be a mainstay but color will make a return. And not just any color. Bold colors, including pinks and purples as seen in the new fabrics of China Seas and bedding of Matouk (carried at Lynnens in Greenwich) will be popular along with Mediterranean blues that are reminiscent of the church tops in Santorini.  Miles Redd, (a longtime favorite of Robin's) is always one to watch, and is working in palettes of the 1960s colors.  Alessandra Branca, believes that colors inspired by the Renaissance will return.

Speaking of color shades, and specifically, Fifty Shades of Grey--the long anticipated movie is now playing at the Greenwich Bow Tie Cinema .  On Valentine's Day, you can see it as early as 10:45 a.m. or catch the last show at 9:45 p.m.

Roofs, Gutters and Snow Damage

IMG_1760Greenwich has seen more  than 14" of snowfall in 2015. The Fieldstone Group has been talking about snow removal, snow safety and protecting your home and property from snow damage. We should have listened to our own advice posted on February 2nd.

We now know firsthand that failing to remove snow from flat roofs and not preparing gutters to avoid ice damming can lead to water entering your home. The only silver lining to this unfortunate experience is that we have solutions to share with you.

Flat roofs:

1.  Shovel.   Really.  The surface of flat rooms are often metal or wood, with a membrane underneath.  If that membrane has a tear, and a large amount of snow is sitting, melting a bit, then sitting, there is a possibility that it can find it's way through a seam into the ceiling of your home.  If water is coming into your home, put heavy contractor grade plastic over the flat roof until the problem can be looked at properly in warmer weather.IMG_1762

2.  Gutter Damming.  Snow melts, gutters back up, and soon there is no way for water to wash off the roof.  As the frozen water begins to melt in the gutters it can also find it's way into the house, working down windows and walls.  Home Depot in Portchester, ten minutes from Greenwich Avenue,  have roof deicing cable kits and roof melt ice.  Amazon has a number of heat cables and deicing products.

 

THE GLOBAL LUXURY RESIDENTIAL REAL ESTATE REPORT 2015

GAIN ACCESS TO A WEALTH OF INSIGHTS

We are pleased to present the inaugural edition of the Global Luxury Residential Real Estate Report 2015, which identifies the most significant markets for ultra high net worth (UHNW) residential property investment, provides a profile of the global luxury residential property consumers and offers insights into their spending habits relating to their luxury residential property investments.

Screen Shot 2015-02-09 at 12.27.37 PM

Luxury residential real estate holds a special place within the portfolio of the world's ultra wealthy. This report shows that UHNW individuals each own, on average, 2.7 properties. While they may purchase real estate for a variety of reasons - spanning from practical to passion to investment purposes - it represents one of the most intimate asset classes characterizing their wealth. For the purpose of this report, we are using the label "investment" to describe UHNW luxury residential real estate ownership, whether that was their purpose or whether the primary purpose is for their personal and private leisure or living.

The value of UHNW-owned residences globally rose by 8% in the past year, according to the report's UHNW Residential Real Estate Index. As capital continues to flow towards key cities and locations across the globe, and as available land becomes scarcer, such growth in value will continue.

The inaugural Global Luxury Residential Real Estate Report 2015 is the definitive source of data, insights and trends at the intersection between the world's UHNW population and the global luxury residential real estate industry, illuminating the opportunities that these individuals present for this sector.

 

Teamlowres

Fieldstone Group of Sotheby 's International Realty Stevens | Toepke | Kencel | Elwell One Pickwick Plaza, Greenwich, CT 06830

 

 

 

1 Wynn Lane - ELEGANT COUNTRY HOME

GREENWICH | 1 Wynn Lane | $6,700,000

1 Wynn Lane-Front3   1 Wynn - Back1

1 Wynn - LvgRm4   1 Wynn - Kitch2

GREENWICH | 1 Wynn Lane | $6,700,000

Located on a quiet cul-de-sac just minutes from downtown Greenwich, this elegant country home was completely rebuilt in 2002. Wonderful flow with generously sized entertaining and casual spaces. There are family rooms on both the first and second floors with game or media rooms. Master bedroom on second floor boasts a luxury bath and steam shower. Lovely property with a fenced backyard, and heated in ground pool featuring a waterfall and hot tub.

Details: 1 Wynn Lane

MLS#: 92294    CMLS#: 99091823

Built: 1992 | Type: Single Family | Bedrooms: 5 | Full Baths: 6| Half Baths: 1 | Interior: 9,335 | Exterior: 2.94 Acres | Garage: 3 Car

Additional Features: Additional 936 square feet finished playroom in lower level.

Click here to view slideshow.

Click here to view property information on Sotheby's International Realty.

 

 

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FS LogoFieldstone Group of Sotheby 's International Realty Stevens | Toepke | Kencel | Elwell One Pickwick Plaza, Greenwich, CT 06830 Mobile: 203.618.3188 | Fax: 203.930.2808

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Scott Elwell named 2014's Top Agent Under 40

We Know Greenwich.

scott2

Congratulations to Fieldstone Group partner -

 

Scott Elwell, named 2014's Top Agent Under 40 in the Greenwich market

 

- one of the leading luxury markets in the United States.

 

This is a well-deserved, major achievement. Nicely done, Scott!

 

 Scott Elwell Bios: 

 

About Scott

The highest producing agent under 40 in 2014, Scott Elwell was born and raised in Greenwich. Scott not only knows Greenwich real estate intimately, he also has extraordinary knowledge of search engine optimization and online marketing, two of the most critical factors in today's real estate environment.

Scott's entire career has been in real estate.  Prior to joining Sotheby's, Scott spent five years in residential lending (GreenPoint Mortgage) and four years in commercial portfolio management at Clarion Partners, where he was involved in the acquisition, disposition, and management of portfolios of shopping centers, offices, and hotel properties worth over $20 billion.

Scott is an accomplished sailor and a marathon runner.  He worked for an America's Cup syndicate in the 2000 Cup in New Zealand and he is a member of both the New York Yacht Club and the Stanwich Club. Scott is also on the Board of Directors at the Greenwich YMCA. His wife, Caroline, works as a teacher at Greenwich Academy and they have two daughters, Eliza and Christy.

 

 

Teamlowres Fieldstone Group of Sotheby 's International Realty Stevens | Toepke | Kencel | Elwell  - 203.618.3188 One Pickwick Plaza, Greenwich, CT 06830

 

 

 

 

Snow Safety During The Greenwich Storm

IMG_1751Looks like the weathermen were off by a week because today feels like the "Will it ever stop snowing?" day. While you may be enjoying the replay of those final minutes of that epic Superbowl battle yesterday, take a moment to think about snow safety:

Clear Roofs and Gutters: Last week, we reminded you to be sure snow is not sitting on roofs and that gutters are clear to prevent ice damming. When the storm is behind us, you may want a roofer or your landscaper to brush the snow off the roof and check the gutters.

Check Windows and Doors: Today, we are encouraging you to walk around your house and check window seals. The snow is now over 20". Depending upon the overhang for your windows, snow may be piling up on the ledges and beginning to creep inside, if any seals are loose. The same goes for french doors. Water is the worst nightmare for wood--snow that gets into cracks turns to water and water that sits on wood destroys the wood.

Protect Bushes and Plants: Right now, it's 27 degrees outside--not so bad. So if you are game for pulling on your boots and bundling up, take a walk around the outside of your house with shovel or broom in hand and gently shake the snow off bushes and plants. That will lessen the risk of ice burn and broken branches caused by heavy snow weight.

Greenwich Time - Sound Off - with Robin Kencel

Sound Off: Am I Priced To Sell?

Greenwich Time By Robin Kencel

robin's article

 

In 2014, a single family home in Greenwich sold, on average, in166 days.  But for most sellers who have made the decision to move on, that's probably 165 days too long.  So, when is it time to drop the price?

The answer to that is: "It Depends".   Are you competitively priced for the market we have or for the market that you wish existed?  In our team, we arrive at a price recommendation through an evaluation that is based upon a number of factors including recent sales history, inventory levels, competitive strength and emerging trends and look at these against the broader background of influencers such as Wall Street's financial health, changes within Westchester and Fairfield Counties and understanding the evolving needs/preferences of likely Greenwich buyers. Sometimes sellers look at our analysis and agree upon a price that fits the market and sometimes sellers want to test the market to see if there might be someone who will "pay up".

Like first impressions, there are no second chances when it comes to introducing a property and its price to the market. The market, spoken first through the brokerage community, is not shy to share their feelings about value. If you have a home or property that hits the emotional, aspirational or extraordinary price/value mindset of clients, then you are likely to beat the market averages. But, if you are in a competitive price segment of the market, with a property that has both strengths and drawbacks, be careful with the price variable.

2014 data reveals that 410 properties sold faster than the average number of days on market, and nearly all of them sold within 6% of the Original List Price/Selling Price. In fact, those that sold within 3% of their Original List Price sold in just 57 days, on average. The reality is this:  The longer a house sits on the market, the lower it often sells for.

Certainly, pricing is not the only lever to pull, and at The Fieldstone Group of Sotheby's International Realty, we try to pull all the marketing and sales levers available to us before we recommend a pricing revision. Buyers who toured your property are a ready information source--what are the themes within their comments that can be addressed?  These are the possibilities that should be carefully looked at as you enter the new selling season.  But equally, understanding what has happened to pricing within your competitive set since you have entered the marketplace is important.

 

Teamlowres

Fieldstone Group of Sotheby 's International Realty Stevens | Toepke | Kencel | Elwell One Pickwick Plaza, Greenwich, CT 06830