WESTPORT—During the week of Feb. 23-27, seven properties sold for a total of $34.8 million, generating $85,900 in conveyance tax. One year ago, nine properties changed hands for a total of $17.4 million.
55-57 Greens Farms Road sold for $25,000,000.
Seller: 1735 Ashley LLC.
Buyer: TC Greens Farms LLC.
7 Burnham Hill sold for $5,750,000.
Seller: Hamilton & Michelle L Reiner.
Buyer: Olaf Auerbach & Silvia Chapman.
24 Canal Road sold for $1,755,000.
Seller: Heidi L Schoeneck.
Buyer: Harold F Teran & Bernarda E Rivera.
56 Partrick Road sold for $1,190,000.
Seller: Daniel Buchalter.
Buyer: VW Holdings LLC.
4 Palmieri Road sold for $648,364.
Seller: 4 Palmieri LLC.
Buyer: Michelle L & Sydney Katz.
13 Hills Lane sold for $470,000.
Seller: Barbara T Wickenhagen.
Buyer: Shane Gorham.
55-57 Greens Farms Road sold for $25,000.
Seller: Brittany A Cole.
Buyer: 1735 Ashley LLC.
Source: Westport Town Clerk.
The same office complex property at 55-57 Greens Farm Rd sold twice: once for $25k and then flipped for $25 million. Is that a common real estate thing?