A killing on North Street (7/24 : UPDATE: Apparently there WAS a killing here, but it was sellers who were the homicide victims)*

420 North Street was priced at $5.295 million and it took 82 days to find a buyer willing to pay $4.9 million. That might seem to be a disappointment, but the sellers paid $3.575 million for it (in a bidding war that began at $2.999) on May 27, 2022, put in a pool, dolled up the kitchen and spread some more gray and black paint around, all of which couldn’t possibly had cost anything close to the $1.625 million they just pocketed, Even subtracting commissions and other transaction costs, this was a tidy payoff for just two years of ownership; especially when $2 million of that 2022 purchase price was borrowed money.

*Details to follow, but I’m told that their renovations cost far more than I imagined; that’s mind-boggling.

I wonder how they pulled this off?

Coming on the market, probably Thursday, is 7 Heusted Drive, priced at $2.950 million; no basement, because it’s in the AE flood zone, and there’s nothing in the third floor .Interestingly, this property sold in 2007 for $1.695 million, when it held a teardown on 0.23 of an acre. Somehow, the lot was subdivided and a this house was built in 2008 on 0.11 of an acre. This is in the R-12 zone, meaning that minimum lot size is 12,000 sq. ft. and the maximum FAR allowance is 0.350, yet this lot is just 4,791 sq. ft, and that FAR allowance would allow a structure of just 1,509 sq.ft; this one is 3,556. Even the original lot of 0.23 —10,018 sq. ft. — was non-conforming, and would have allowed a house of only 3,156 sq.ft.

The subdivision and the construction were clearly legal: the property sold in its present size in 2016 for $1.795, and title companies and buyers’ lawyers don’t tolerate unlawful non-conforming purchases, especially when there’s money being loaned out and debt incurred. I’m just curious how it was done.

In case you need reminding of who we're fighting against ...

(The last 30 seconds or so say it all)

Replacement theory

Tiny Irish Town Slated for Brutal Migrant Invasion

280 immigrants being crammed into a town of 165.

Just a few days ago I wrote about Springfield, Ohio, population 55,000, being swamped by the arrival of 20,000 Haitians. Ireland and its Green premier are determined to show Springfield how to do it properly.

Via Remix (emphasis added):

In a strategy seen in many Western countries, Ireland’s government is looking to move more and more migrants into the countryside, with one of the latest schemes focusing on shifting 280 asylum seekers to Dundrum, a village in Tipperary County with a population of only 165.

The move has sparked outrage from the local community, which is embroiled in controversy over the new refugee center. If all migrants are relocated as planned, their population would be 70 percent higher than the local population.

The government plans to convert the Dundrum House hotel into an accommodation complex that will house 280 migrants, with similar plans sparking widespread protests and riots in the Dublin suburb of Coolock just yesterday, with locals there setting fire to construction equipment and battling with police.

Dundrum residents have called for “common sense” in determining the scale of local accommodation plans. Local politicians are also enraged by the proposal, noting that the town does not have the resources or infrastructure to house so many new people, especially when local services are already stretched to their limit.

Independent city councilor Liam Browne said he was “dismayed” by the lack of communication with residents, while Fine Gael city councilor Declan Burgess described it as “deeply concerning” that the community is kept uninformed.

However, pro-immigration Integration Minister and new Green Party leader Roderic O’Gorman showed no signs of backing down. He said the Department of Integration plans to proceed with the accommodation at the Dundrum House hotel despite local protests.