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Updated over 11 years ago,

User Stats

30
Posts
1
Votes
Edward C.
  • East Haven, CT
1
Votes |
30
Posts

?Confused. CT beach homes.

Edward C.
  • East Haven, CT
Posted

Comps for beach homes in this neighborhood are from 900K to 1.3m. This home is one house in from the water with excellent views. Has no damage from Sandy or Irene, but has lots of neglect from past owners from 2001 to today.

It's a 3 season only, though they did winterize it many years ago with insulation, forced air heat and A/C, but the septic is not adequate for winter use.

I went to the town hall to ask about that, (and this is were I'm not sure what I'm asking or what they're talking about) the last "Perk Test" was in 2000 and measured 16.75", the town won't allow the septic for all year use unless the Perk masseurs at a minimum of 18".

I asked about adding a little dirt to the property and there telling me it won't make a difference for the 18" high water line has to be with the original natural dirt so adding won't make a difference.

It's a short sale and the banks looking for 550K, the comps for this as a 3 season is about 750K but as a year round residence it would be more like 950K.

Any ideas around this 18"?

Thank you for any suggestions.

Ted Cole

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