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Frogtown Road Home Sells for $1.68 Million

An Ardsley Square home also sold for $1.7 million. Here are the latest property transfers in New Canaan.

 

The following  were recorded during the past week in the 's office. Information on the last sale of the properties listed, when available, is from the .

Address: 179 Oenoke Ridge, Unit A

Price: $2,000,000

Seller: 985 Maples Inn Development, LLC.

Buyer: Jaime E. & Christine D. Yordan

Aug. 31

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Address: 117 Frogtown Rd.

Price: $1,685,000

Seller: Linda V. Wolfgruber

Buyer: Michael W. Santulli

Aug. 31

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Address: 3 Leslie Ln.

Price: $745,000

Seller: Douglas Pippett

Buyer: Matthew & Lauren Nussbaum

Aug. 31

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Address: 24 St. Johns Place # 1

Price: $320,000

Seller: Margaret J. Barrett

Buyer: Roger & Sandra Martensen

Aug. 31

Teri September 07, 2012 at 07:39 PM
New Canaan is about to get hit with 5 distressed home sales becuase of the Bankruptcy Auction of Ruth Jones http://www.teribuhl.com/2012/09/07/new-canaan-realtor-ruth-jones-mcmansion-up-for-bankruptcy-auction-next-week/ How will that effect home prices on those streets?
you lazyeyed freak September 07, 2012 at 08:11 PM
You are the queen of schadenfreude lady. Please go away.
Teri September 10, 2012 at 12:56 PM
You can also see the news about Ruth Jones Bankruptcy auction on Sep 11th here http://www.teribuhl.net/2012/09/07/new-canaan-realtor-ruth-jones-mcmansion-up-for-bankruptcy-auction-next-week/
picassoface September 10, 2012 at 01:07 PM
Sorry- self serving queen of schadenfreude. Nobody cares, you two-bit hack.
Chef Mike September 13, 2012 at 02:33 AM
Ruth Jones lost her home to Ridgefield Bank. She is about to be forced to vacate http://www.teribuhl.com/2012/09/12/469/
Teri September 13, 2012 at 02:02 PM
The fact that NO cash buyers showed up for the five New Canaan homes at the Jones bankruptcy auction says a lot about the state of our local real estate. The properties are in good condition and have rentals already in them. It's easy cash flow for anyone with the dough to bid.
Hollywood2 September 13, 2012 at 02:25 PM
Glad to see her crash and burn!
karmachameleon September 13, 2012 at 03:07 PM
Um, why do you enjoy witnessing other people's misery?
Evil Squirrel September 13, 2012 at 03:36 PM
What it says to me is that people are no longer speculating on local residential real estate to the extent they did during the boom years. That is arguably a good thing. While perhaps plopping $2mm on a home investment with rental agreements in place might get you to a nice 8-10% cash on cash yield, if I had the money, I'd rather invest in liquid assets.
Teri September 13, 2012 at 03:45 PM
I've just updated the story with prices the homes sold for at auction http://www.teribuhl.com/2012/09/12/469/

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