www.curbed.com
Tuesday, February 16, 2016
Beautifully restored 1830s Vermont house asks $1.7M
Location: 315 Parker Hill Road. Price: $1,685,000. Includes 163 hilly acres with great mountain views.
www.curbed.com
www.curbed.com
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Privacy statement: This blog does not share personal information with third parties nor do we store any information about your visit to this blog other than to analyze and optimize your content and reading experience through the use of cookies. You can turn off the use of cookies at anytime by changing your specific browser settings. We are not responsible for republished content from this blog on other blogs or websites without our permission. This privacy policy is subject to change without notice and was last updated on January 1, 2017. If you have any questions feel free to contact Springfield Vermont News directly here: ed44vt@gmail.com
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Is the 1.7m the current yearly taxes on that nice place?ha.....ha
ReplyDeleteI can only presume the selectboard is working furiously to figure out a way to turn into some sort of social service hub and off the grand list.
ReplyDeleteHey, Springfield is feeling the Bern! Vermont's horrid economy, helped not in the least by its despicable socialist senator, is incapable of providing income opportunities for any prospective buyers for such million dollar properties. The state's anti-business, subsistence culture has contributed to the smoking crater of a town that used to be an industrial powerhouse. The abysmal state and local combination is repelling to those best equipped to reverse the slide. The grand old home of Springfield shall remain unsold at such lofty prices...
ReplyDeleteNo reason why someone in the 1% won't pick this up as their 3d or 4th home.
ReplyDeleteJeffery Skilling, late of Enron fame and now residing in a minimum-security prison in Colorado, bought such a place on Holly Hill in Norwich as one of his various bagatelles and then rewarded himself further by bestowing upon himself an $11 million additional compensation just months before the entire scam went belly up.
Enron got as far as it did because of lack of regulation. If you've seen "The Big Short" (playing in Springfield this weekend), you can see how the ratings agencies and the financial houses colluded to steal $5 trillion from pension funds (not yours, of course), IRA's and the housing market and put (at last count) 6,000,000 homeowners on the street. Bernie is not going to let them continue to do this sort of thing.
Thanks to Wall Street, Springfield had to raise property taxes by 247% in 1983 to deal with the rape of Precision Valley.
We can protect ourselves from this in the future. If we don't, our enemy is ourselves.
247% and rising.
DeleteChuck, there is a distinct reason the successful people of means you envy so much will not invest in Springfield. Regardless of what they pay for it, Springfield's plummeting real estate values are a decreasing investment. These folks didn't accumulate wealth by being stupid with money, and buying a home here is stupid. Pile on Vermont's tax burden on that 1% and these magnificent homes will just rot.
ReplyDeleteSorry, 3:16, but Jeffery Skilling wanted the cachet of having a "little place in Vermont" which only cost him about 1% of his annual income to maintain-- security guard, groundskeeper, housekeeper, and all else included. He didn't care about the unemployment level or rural crime rate, the quality of the school system or the health problems of the community. He just wanted some more arm candy in his real estate holdings.
ReplyDeleteRight now, some e-commerce entrepreneur has a Springfield house which he visits maybe one or two weeks a year. Gorgeous place, gorgeous view. He contributes to town revenues with his property taxes, but otherwise is not a productive or engaged Springfield resident. No reason why we couldn't have John McCain, Donald Trump or Rahm Emanuel decide to pick up a little something for $1.6 million.
Same old regurgitated snarky digs. Lame.
ReplyDeleteEven possessing the finest ethical and altruistic intentions, a non-native owner of such an estate - "engaged" or simply not indifferent, would have a hard time overcoming the Rich Stranger suspicions. I can't picture her trying.
ReplyDelete