Located on a quiet country road with a circular driveway on 1.6 acres of land in historic Middle Haddam, these 2 homes must be seen. The main house is a historic barn offering 1560 sq.ft. and 3 fireplaces. As you enter the front door there is a large living room with a fireplace, built-ins and beautiful wood floors. Just beyond the living room is a formal dining room, large enough for all of those family gatherings. The eat-in kitchen has loads of beams and barn board walls for that great country look and feel. The countertops are corian and there is also a snack bar. Again there are also wood floors and cathedral ceilings. Beyond the kitchen is a new full bath with tile floors.
As you go up the stairs to the 2nd floor you will be amazed, the hayloft has been converted to the huge master suite with 2 levels taking up the whole 2nd floor. Wide board floors, wood cathedral ceilings, beams and large windows as well as a fireplace are only a few of the unique features. The first thing you will notice is an oversized claw footed tub on a raised platform for those relaxing baths as you look out the picture window. There are loads of built-in cabinets, minimizing the need for other furniture. There is also room for a seating area around the fireplace.
Down the spiral staircase to the lower level walk-out, there is a summer kitchen with stone walls leading out to a glass enclosed 3 season room featuring a huge hot tub to enjoy year-round. The room is 261 sq.ft. so there is plenty of room for seating, to enjoy the views of the stone walls and the backyard.
The rest of the downstairs is finished to use as a family room, another bedroom, an office or whatever you may need. There is a large closet, another fireplace and a woodstove and it is walkout.
Now we will move on to the 2nd house, which is a small ranch offering a living room, kitchen, bedroom and huge bath. There is a woodstove and c
A Truly Unique and Charming Property 2 Homes for 1 Price
10-12 Keighley Pond Rd. Middle Haddam $300,000
Located on a quiet country road with a circular driveway on 1.6 acres of land in historic Middle Haddam, these 2 homes must be seen. The main house is a historic barn offering 1560 sq.ft. and 3 fireplaces. As you enter the front door there is a large living room with a fireplace, built-ins and beautiful wood floors. Just beyond the living room is a formal dining room, large enough for all of those family gatherings. The eat-in kitchen has loads of beams and barn board walls for that great country look and feel. The countertops are corian and there is also a snack bar. Again there are also wood floors and cathedral ceilings. Beyond the kitchen is a new full bath with tile floors.
As you go up the stairs to the 2nd floor you will be amazed, the hayloft has been converted to the huge master suite with 2 levels taking up the whole 2nd floor. Wide board floors, wood cathedral ceilings, beams and large windows as well as a fireplace are only a few of the unique features. The first thing you will notice is an oversized claw footed tub on a raised platform for those relaxing baths as you look out the picture window. There are loads of built-in cabinets, minimizing the need for other furniture. There is also room for a seating area around the fireplace.
Down the spiral staircase to the lower level walk-out, there is a summer kitchen with stone walls leading out to a glass enclosed 3 season room featuring a huge hot tub to enjoy year-round. The room is 261 sq.ft. so there is plenty of room for seating, to enjoy the views of the stone walls and the backyard.
The rest of the downstairs is finished to use as a family room, another bedroom, an office or whatever you may need. There is a large closet, another fireplace and a woodstove and it is walkout.
Now we will move on to the 2nd house, which is a small ranch offering a living room, kitchen, bedroom and huge bath. There is a woodstove and cathedral ceilings in the living room. The home is presently rented and can be used for rental income, in-laws or a place for a child who has come back home to live. Attached to the house is a 1 1/2 car garage. Under the house is a garage /workshop, a potting shed, and another storage room.
In order to fully appreciate all this property has to offer, you must make an appointment to see it . Call today for your own private tour or visit http://www.CtRealEstateCorner.com for more information.
Middletown Market Report for Last Quarter of 2008 and 2007 Comparison to 2008
Residential
9/1/2007 - 12/31/2007 compared to 9/1/2008 - 12/31/2008
The residential market in Middletown showed a drop in sales of 7.7% with 91 sales in the last quarter of 2007 and 84 in the last quarter of 2008. The median sale price dropped 13.4% from $268,453 in 2007 to $232,450 in 2008. There are 160 active listings on the market as of today.
1/1/2007-12/31/2007 compared to 1/1/2008 - 12/31/2008
Looking back at 2007 compared to 2008 there was a drop in sales of 31% with 378 in 2007 compared to 261 in 2008. Overall the median sale price dropped 6%, from $250,000 in 2007 to $235,000 in 2008. Days on the market remained relatively unchanged and homes are selling for about 96% of their final asking price.
Condominiums
9/1/2007-12/31/2007 compared to 9/31/2008 -12/31/2008
The condominium market has fared a little better than the residential market, although sales are still down. Sales in the last quarter of 2008 are down 33.4% with 57 in the last quarter of 2007 compared to 38 in the last quarter of 2008. Sale prices actually rose 4.3% from a median sale price of $149,900 in 2007 compared to $157,000 in 2008.
1/1/2007 -12/31/2007 compared to 1/1/2008 compared to 12/31/2008
Comparing all of 2007 to 2008 number of sales dropped 27% from 223 in 2007 to 163 in 2008. Median sale price rose .7% with the median sale price in 2007 being $153,500 and in 2008 the median price was $154,500. Certainly not a major gain, but at least it is up and not down.
Again don't be fooled by this report. Pricing is still crucial to a sale. Inventory right now is down a little, but if it starts climbing, everything changes. So far Ct seems to be faring better than some parts of the country, mainly because our inventory has not gone up. Since I have been involved in real estate for 27 years, the main difference I see between this market and the last major downturn in the late 80's and early 90's is inventory. Back then we had 3 or 4 years worth of inventory on the market and now it is more like 7 months worth of inventory.
Glastonbury Market Report for Last Quarter and 2008 Comparison to 2007
Residential
9/1/2007 -12/31/2007 compared to 9/1/2008 - 12/31/2008
Comparing the last quarter of 2007 to 2008 there was not too much change as far as number of sales. There were 94 in 2007 compared to 91 in 2008. Median sale price was down 7.7%, from $370,000 in 2007 compared to $345,000 in 2008. Days on the market went from 39 in 2007 to 34 in 2008. This figure can be deceiving though , since it does not take into account homes that were on the market and expired and then relisted.
1/1/2007 - 12/31/2007 compared to 1/1/2008 - 12/31/2008
Looking at comparisons for the year, sales were down 15.6% from 2007. In 2007 there were 374 closed sales and in 2008 there were only 316 closed sales. Overall prices were only down about 1% from a median price of $391.450 in 2007 to a median price of $388,000 in 2008.
Compared to the rest of the country the residential market does not look too bad for Glastonbury. Right now inventory is way down, probably because of just getting past the holidays. There are 142 homes on the market as of this day.
Condominiums
9/1/2007 - 12/31/2007 compared to 9/1/2008 - 12/31/2008
Comparing the last quarter of 2007 to the last quarter of 2008 there was not a major change as far as number of sales. The last quarter of 2007 had 34 closed sales and in 2008 there were 28 closed sales. The median sale price actually went up about 1% from $199,500 in 2007 to $202,450 in 2008.
1/1/2007 - 12/31/2007 compared to 1/1/2008 - 12/31/2008
Looking at comparisons for the year, in 2007 there were 155 closed sales compared to 96 in 2008, a drop of 31.9% which is pretty major. Median sale price actually went up about 1%, from $197,000 in 2007 compared to $199,950 in 2008. Days on the market were up slightly and overall condos are selling for about 97% of their final asking price.
Do not be fooled reading this report though, since in order to sell your home the correct pricing is still crucial. What this report does not show you is the number of homes that have been on the market for more than 6 months and the number of price adjustments they have gone through. For the homes under deposit right now the median days on the market have risen to 74.
For more information about the Glastonbury market or about Glastonbury, Ct please visit my website at http://www.Ct RealEstateCorner.com.
Market Report for Middletown for September and 1st 3 Quarters
Residential
September Active - 152 New Listings - 52 Deposits - 20 Closed - 24 Average Sale Price - $211,372 SP/Sq.Ft - $145.12 DOM - 55
1/1/2008 - 9/30/2008 Closed - 199 Average Sale Price - $253,137 Median Sale Price - $228,000 SP/Sq.Ft. - $155.08 DOM - 65
1/1/2007 - 9/30/2007 Closed - 309 Average Sale Price - $268,082 Median Sale Price - $250,500 SP/Sq.Ft. - $156.91 DOM -60
Number of sales are down 36% compared to last year. Average sale prices are down 5.6% and median sale prices are down 9%. September saw a drop of 16.5%compared to the first 9 months of the year. Hopefully this is not a trend.
Condominiums
September Active - 76 New Listings - 27 Deposits - 10 Closed - 15 Average Sale Price - $161,533 SP/Sq.Ft - $142.54 DOM - 72
1/1/2008 - 9/30/2008 Closed - 136 Average Sale Price - $169,319 Median Sale Price - $154,000 SP/Sq.Ft. - $149.94 DOM - 82
1/1/2007 - 9/30/2007 Closed 182 Average Sale Price - $161,523 Median Sale Price - $156,100 SP/SqFt - $146.08 DOM - 48
Sales are down 25.3% compared to last year. Average sale price is up 4.8% and median is down by 1.4%. Overall condo sales are faring better than residential.
Portland Market Report for September and 1st 3 Quarters
Residential
September
Active Listings - 60 New Listings - 10 Deposits - 5 Closed - 4 Average Sale Price - $285,500 SP/SqFt - $131.17 DOM -60
1/1/2008 - 9/30/2008
Closed - 63 Average Sale Price - $274,058 Median Sale Price - $255,000 SP/SqFt - $157.91 DOM - 62
1/1/2007 - 9/30/2007
Closed - 72 Average Sale Price - $270-652 Median Sale Price - $258,000 SP/Sq.Ft - $150.84 DOM - 61
Overall sales are down by 12.5%. Average sale prices are up by 1.3%, but median sale prices are down by 1.2 %. Again Portland seems to be holding its own with no major changes in prices.
Comparing last year to this year sales are down by 17%, but the average sale price is up very minimally. Looking at September compared to the 1st 3 quarters the average sale price is down 6.7%. Hopefully this is not a trend.
Condominiums
September Active Listings - 35 New in September - 11 Deposits - 6 Closed - 7 Avg. Sale Price - $230,771 SP/Sq.Ft. - $158.98 DOM - 66
Closed 1/1/2008 - 9/30/2008 Closed - 75 Avg. Sale Price - $205,743 SP/Sq.Ft. - $161.44 DOM - 62
Located on a quiet street in Middletown this 1650 sq.ft, 3 bedroom, 1 1/2 bath cape offers an eat-in kitchen with stove and refrigerator, a formal dining room, formal living room, enclosed porch, 3 bedrooms upstairs, full basement and more. Close to highways and Wesleyan, you can't beat the price with heat, hot water and electric included. For more information please visit http://96HighlandAve.CtRealEstateCorner.com. Must have a credit check, application, 1 month security plus first month rent and a 1 year lease. A pet may be considered with extra security deposit. Send an Email to Marabeth@CtRealEstateCorner.com if you like to view this rental.
Market Report for Middletown for June 2008 & First Half of 2008 to 2007
Residential
June 2008 Active - 176 New in June - 57 Deposits - 23 Closed - 15 Avg.Sale Price - $285,000 Sp/SqFt - $173.49 DOM - 26
Jan. 1 ,2008 - June 30, 2008
Closed - 112 Median Sale Price - $232,500 Sp/SqFt - $161.08 DOM - 45
Jan. 1, 2007 - June 30, 2007
Closed - 200 Median Sale Price - $255,500 SP/Sq.Ft - $158.48 DOM - 44
Comparing the first half of 2008 to 2007 sales are down 46%, prices are down 9.1% and days on market are relatively unchanged. As you can see there has been a big drop in sales and prices seem to have dropped.
Condominiums
June 2008
Active - 83 New in June - 14 Deposits - 15 Closed 12 Avg. Sale Price - $190,000 SP/SqFt - $142.97 DOM - 29
Jan. 1, 2008 - June 30, 2008
Closed - 87 Avg. Sale Price - $172,868 SP/SqFt - $151.20 DOM - 72
Comparing the first half of 2008 to 2007 sales are down 28.7%, prices are up 2.7% and it is taking longer to sell. Overall it looks as though the condo market is faring better than the residential market in Middletown. For more information please visit my website at http://www.CtRealEstateCorner.com.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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