By the skin of her teeth
/The owner of 1044 North Street paid $1.050 in 2013 and managed to sell it today for $950,000. Not a huge victory, certainly, especially after deducting transaction costs, but she avoided disaster for a house she overpaid for originally.
I love this almost-abandoned section of north Greenwich, but it’s on the Banksville border, far from town, and not popular. Hell, it probably takes almost as long to reach central Greenwich by car today as it did in horse and buggy days, and that’s not a selling point.
Still, if you work in Banksville and want to escape, temporarily at least, exorbitant property taxes, this is the place to be.