Posted on 02/20/2018 10:35:59 AM PST by mairdie
The oldest standing log cabin the US - including George Washington-era artifacts - has been put on sale for $2.9 million.
Nothnagle Log House was built around 1640 by Finnish settlers in the New Sweden Colony along the Delaware.
The territory was taken over by the Dutch in 1655, but the magnificent 375-year-old oak cabin still stands in what is now New Jersey.
It is owned and operated as a tour site by Harry Rink, 88, and his wife Doris, 75, of Greenwich Township.
They are now looking for a buyer willing to accept their unique demands. The new owner would manage the property, but Harry and Doris would continue living in it and hosting their free tours.
The couple decided on this after having a discussion about what might happen to the house if they die.
Christina Huang, the realtor who listed the property, added: 'Because of all the artifacts and antiques that come with the house, it is probably worth well over $2.9 million,' pointing to furniture, clothing and other collectibles from the 17th and 18th centuries.
(Excerpt) Read more at dailymail.co.uk ...
2.9 million!? Where’d they get their comps?!
Georgetown.......................
I wonder how many times the outhouse pit was relocated?
The Acoma Pueblo is the oldest, continuously occupied town in North America, 800+ years.
Once every ten years?..................
Recall that 90 year old French woman who sold her desirable apartment to a man for twice it’s value with the stipulation that she could live in it till she died.
She lived to be 122 years old. The guy died without ever taking possession of the property.
Shhh! (don’t you know the separatists “discovered” america?)
;-)
Here in Seattle there is a guy that lives on the edge of a city park - pretty wild park with steep terrain, big trees, some walking paths. He didn’t want some mega-mansion going up once he died, so he sold it to the city park system and he gets to stay until he dies or off to a nursing home.
The city probably didn’t even have to pay full price, seeing as he gets to live there for another 5 to 15 years or whatever. But - even if they did, today’s prices will no doubt be much less than what it would be in the future.
Hmm - I’m guessing this is something like those “reverse mortgages” I hear about on the radio. Although I’m betting those things cut the homeowner pretty short and rip them off. Although I guess if you just want to stay in your home until you die and need the cash, and have no heirs, then who cares.
Hmm...I guess it won’t be featured on ‘Log Cabin Living’ on HGTV. Those log cabins are Mansions!!
When will “refugees” demand space in it?
When will refugees demand space in it?
—
Right after all the homeless from San Francisco move out ...
Masonry foundations as we know them were often not used with very old log structures built in the colonial frontier era, you’ll even encounter frame structures built with one end lying on the ground with fieldstone placed merely to level out the floor. These places often started out with a dirt floor anyway.
So, as incongruous and unattractive as modern gutters and downspouts might appear, they do serve a very useful purpose in directing rainwater runoff from the roof away from the wooden structure(s) or logs that are on ground level. It prevents not just rot but settling due to saturation.
Other descendants in my direct paternal line had possession of the original chestnut log cabin built by my fifth great grandfather after they came to NC from VA in the 1760’s, very impressive diameter of the logs, chestnut trees were absolutely gigantic then. The house was unfortunately burned due to a lightning strike in the early ‘80’s. Talk about irreplaceable.
Common. To sell , yet live in called life estate.
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Isn’t that essentially what the “reverse mortgage” thing does?
No. Because tile does not passin reverse mortgage and there is interest paid on moneies received..
In a life estate title passes to new owner, but the seller remains living in property. Taxes etc. are negotiable.
Eeek
Title does not pass in reverse mortgage
Prot-Ikea.
Log cabin, made of wood, you have to assemble it yourself..
Proto-Ikea
Must. Have. Coffee...
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