Posted on 01/17/2015 10:23:26 AM PST by EveningStar
The buyers may be planning to build a McMansion on the land. This tear down trend has been happening all over the country. Wealthy people buy a house in an upscale area and tear it down, so they can build a McMansion.
Persian Palace
lol
Here’s the link to DM’s house:
http://realestate.aol.com/blog/2014/03/14/for-sale-comedian-dennis-millers-historic-mansion/
Maybe he is downsizing. We did: 4,000 sqft to 1,550 in San Juan Capistrano.
The new owner is a well known modernist achitect, so I suspect the house will be more interesting than the usual big-doors, big-columns, stone-lions Persian Palace.
“The real estate was worth more than the existing homes.”
And there you have it. Here in Northern Westchester county NY I routinely saw properties bought with beautiful houses on them only to be torn down and new custom built homes erected in their place. The land was worth more than the house.
This has been all over the news the past couple of days. It should have been designated a National History Landmark.
Now they’re going to tear down the classic Googie-style Norms in Santa Monica!!
Sigh. Ray Bradbury’s house, and Norms will join the ranks of “Things that aren’t there anymore.”
I understand he never flew either - always took AmTrak when he was on a speaking tour. Ironic for a SciFi writer. Make that (for me) the BEST SciFi writer (my son would disagree although he is a HUGE Bradbury fan - I read him Bradbury’s short stories before bedtime).
An absolute treasure.
Part of the problem is that the property tax on the property pretty much demands more than a modest three-bedroom 1937 house. Bradbury had been paying tax based on its 1975 value under Prop. 13. The new owner is going to be paying tax based on $1.75 million. I’ve heard of mortgage approval being dependent on tearing down the house and building something more commensurate with the land value.
The house in which I currently live needs new electrical wiring, plumbing, dry wall, roof, etc. - it was thrown up quickly after WW II.
According to Zillow, it lists for between $650-750,000 — because the land is valuable. The lot the house sits on is large. When these old houses sell, 90% of them are torn down and a new house built (we have some anti-McMansion laws here). We’ve already sunk at least $50,000 into the house and that barely covers the upgrades/repairs — no more.
DH and I are getting near retirement and I want to leave this area - it’s far too hot for me here.
ping
Perhaps he knew he wasn't loved by the collectivists for his work, especially Fahrenheit 451. They couldn't knock him out of the sky, so now they're erasing his house.
With plausible deniability, of course.
Well one thing is for certain; Ray Bradbury at this point in time could care less about what happens to his former home. Heck I’d like to tear down my current house but moving away would be the better option.
Thxs, for the pings; Many houses in downtown Lexington (KY) fit this description.
If I was to have a new home built would want the most energy efficient, super thick attic and wall insulation, quality windows and a foundation deep and solid. A little land and distant neighbors far enough so their dogs barking won’t bother me none. No Amish or turd world southern or middle eastern imports as well would put the icing on the cake.
No wonder Burt is broke.
Nine bedrooms? Perhaps he should be thinking of a B&B, but unlike George McGovern, a successful one.
Since he was already having work done, re-sheetrocking, or even opening up the kitchen might have been the cheaper option
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