22 Arnold Street, Old Greenwich, sells for $1,917,500. List: Mary Ann Heaven. Sell: Susan Holey
This is significant because it shows we’ve really come all the way back, and then some, since the 2008 “crash”. This .19 acre property sold in 2012 for $500,000. CJS Building Corp put up a nice house, and immediately sold it for the then street record of $1,650,000 in May, 2013.
Three years later, the same house has fetched $1,917,500, about 16% more. Very nice!
22 Arnold Street, on it’s second go-round. Sold for $1,650,000 in May, 2013. Note: picture is “virtual” representation. Street record then, and now, once again!
22 Arnold Street, back when it sold as “dirt” for $500,000 in May, 2012. Note: Photo by Phrank Pharricker!
Greenwich Bored And Razed 
HP has been hot for so long…but yet I continue to forget that its never been above $2.
Coz Cawb:
Hmmm, not true I think. Hold on whilst I check the records…
Ok, I’m back. The Havemeyer Park record is $2,375,000 for 11 Pleasant View Place, in 2013, followed by 4 Robin Place, which got $2,300,000 in 2014.
Okay – but I was referring to HP (Havemeyer Park) proper, which is everything below North Ridge and above US 1…at least – in my mind that is HP proper.
Cos:
Fair enough!
Interesting that it still took a 10% haircut from list price.
Anon:
Er, no, not interesting, just standard stuff. The actual “haircut”, as you say, was 8.4%. Since over-pricing is practically mandatory in this town, it might have been worse, they might have started at $3M!