Jim Morrison Posted October 24, 2019 Report Share Posted October 24, 2019 Check this out. A developer bought a property for just under $1 million. He then renovated it with all kinds of next-level survivalist, high-level storm-protection/security features, and has it on the market for $5.7 million. Mind you, construction isn't finished and no one can see it until spring. http://realestate.boston.com/news/2019/10/23/you-need-to-pass-a-cori-check-to-tour-this-listing/ Anyone ever seen anything like this before? I sure haven't. 1 Quote Link to comment Share on other sites More sharing options...
Jim Katen Posted October 24, 2019 Report Share Posted October 24, 2019 I can't even imagine what it would be like to inspect that place and I know I wouldn't like working for anyone who would want to buy it. 1 Quote Link to comment Share on other sites More sharing options...
Chad Fabry Posted October 24, 2019 Report Share Posted October 24, 2019 Interesting concept-intentionally enticing mobsters to buy in small-town New England. I read the linked listing and found it incredible that the listed property taxes are just $10k? That can't be right. A 5 million dollar house in NY State would have roughly $200k in property taxes per year. Most counties in NY have tax rates around $40 per thousand of assessed value. A house that's worth just $250k has $10k in property taxes. 1 Quote Link to comment Share on other sites More sharing options...
Jim Baird Posted October 26, 2019 Report Share Posted October 26, 2019 The New Yorker did a story a few years ago about survivalist developments, some done inside de-commissioned missle silos! 1 Quote Link to comment Share on other sites More sharing options...
Jim Morrison Posted October 28, 2019 Author Report Share Posted October 28, 2019 On 10/24/2019 at 9:58 AM, Chad Fabry said: Interesting concept-intentionally enticing mobsters to buy in small-town New England. I read the linked listing and found it incredible that the listed property taxes are just $10k? That can't be right. A 5 million dollar house in NY State would have roughly $200k in property taxes per year. Most counties in NY have tax rates around $40 per thousand of assessed value. A house that's worth just $250k has $10k in property taxes. Good catch, Chad. This house is being built, so I presume the $10K tax bill is based on the previous value which was about $950K. Quote Link to comment Share on other sites More sharing options...
Jim Morrison Posted October 28, 2019 Author Report Share Posted October 28, 2019 On 10/23/2019 at 9:45 PM, Jim Katen said: I can't even imagine what it would be like to inspect that place and I know I wouldn't like working for anyone who would want to buy it. You'd never pass the background check. Quote Link to comment Share on other sites More sharing options...
Drake Frosts Posted January 28, 2020 Report Share Posted January 28, 2020 I have never heard of such a thing before. I agree that I would not want to work for those who would buy it. But such a security system is amazing. It is like a fortress. It’s difficult to even get in and see this housing, let alone a potential thief. Quote Link to comment Share on other sites More sharing options...
Rob Amaral Posted January 29, 2020 Report Share Posted January 29, 2020 "Not interested" (in inspecting that ) Quote Link to comment Share on other sites More sharing options...
Les Posted January 29, 2020 Report Share Posted January 29, 2020 I worked as a consultant on a house on Beaver Island Michigan that flew the crew in and out each day. Supposedly it was a security effort, but how in the hell can you fly to an island in Lake Michigan every day and not know where you are? It all pays the same - fighting and marching! Quote Link to comment Share on other sites More sharing options...
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