NOT LISTED FOR SALE

1 Cobtail Way Simsbury, CT 06070

Estimated Value: $114,000

2.02 Acres
$56,436 Price per Acre
87,991 Sq Ft Lot

Last Sold October 19, 2022

Last sale price $75,000 $15 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,058/month

687 Days on Market

Highlights

  • 2.02 Acre Lot
  • Latimer Lane School Rated A
  • Property is near shops

About This Lot

As of October 2022

Price reduced! Amazing value!! Build your dream home in Upper Folly Farm on desirable Cobtail Way, one of Simsbury's most beautiful subdivisions! This distinctive enclave of homes is set on the eastern ridgeline with convenient access to Hartford, Bradley Int'l Airport and highways. A rare opportunity to build a substantial home for a lifetime! See deed restrictions for more detail.

Last Agent to Sell the Property

Katie French

Coldwell Banker Realty License #RES.0639139 Listed on: 10/13/2020

Coldwell Banker Realty

Last Buyer's Agent

Katie French

Coldwell Banker Realty License #RES.0639139 Listed on: 10/13/2020

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,896

Lot Details

  • 2.02 Acre Lot
  • Cleared Lot
  • Property is zoned R-40

HOA Fees

  • $190 Monthly HOA Fees

Location

  • Property is near shops

Schools

  • Latimer Lane Elementary School
  • Simsbury High School

Utilities

  • Gas Available
  • Well Required

Community Details

  • Association fees include property management
  • Folly Farm Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$3,896

Lot Details

0

HOA Fees

$190 per month

Listing Details

  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Library, Medical Facilities, Shopping/Mall, Stables/Riding
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Encumbrances Restrictions: Conservation Restrictions
  • Tax Year Updated Dt: 07/11/2022
  • Directions: Rte 185 is Hartford Rd, first lot on right on Cobtail Way.
  • Special Features: None

Interior Features

  • Street Number Modifier: 1

Exterior Features

  • Road Frontage Description: Paved Road
  • Road Frontage Approximate: 251

Utilities

  • Water Source: Well Required
  • Sewer: Septic Required, Shared Septic
  • Utilities Available: Electric Available, Gas Available, Underground Required
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • Association Fee Includes: Property Management
  • HOA Fees: 190
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

  • Elementary School: Latimer Lane
  • High School: Simsbury

Lot Info

  • Acres: 2.0200
  • Lot Description: In Subdivision, Cleared
  • Lot Improvements: Approved Building Lot
  • Lots Number Of: 1
  • Zoning: R-40

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 3896
  • Total Assessed Value: 100860
  • Mil Rate Base: 38.630
  • Mil Rate Total: 38.630
  • Assessor Parcel Number: 698984

MLS Schools

  • Elementary School: Latimer Lane
  • High School: Simsbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2020
Closed on
Oct 19, 2022
Sold by
Alfa Partners Lp
Bought by
Brace Boston Investments
Seller's Agent
Katie French
Coldwell Banker Realty
Buyer's Agent
Katie French
Coldwell Banker Realty
List Price
$149,000
Sold Price
$75,000
Premium/Discount to List
-$74,000
-49.66%
Views
74
Current Estimated Value
$114,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,000
Avg. Annual Appreciation
16.98%
Original Mortgage
$120,000
Interest Rate
5.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 4, 1997
Sold by
Moskowitz Robert
Bought by
Alfa Partners Lp
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brace Boston Investments $75,000 None Available
Alfa Partners Lp $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brace Boston Invest Llc $800,000
Closed Brace Boston Investments $200,000
Closed Brace Boston Investments $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2022 10/19/22 Sold $75,000 0.0% $15 / Sq Ft
08/08/2022 08/08/22 Price Changed $75,000 -49.7% $15 / Sq Ft
10/13/2020 10/13/20 For Sale $149,000 -- $29 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,150 $94,570 $94,570 $0
2023 $3,009 $94,570 $94,570 $0
2022 $3,896 $100,860 $100,860 $0
2021 $3,896 $100,860 $100,860 $0
2020 $3,741 $100,860 $100,860 $0
2019 $3,764 $100,860 $100,860 $0
2018 $3,791 $100,860 $100,860 $0
2017 $5,848 $150,880 $150,880 $0
2016 $5,601 $150,880 $150,880 $0
2015 $5,663 $152,560 $152,560 $0
2014 $5,666 $152,560 $152,560 $0
Source: Public Records

Agents Affiliated with this Home

  • Katie French

    Seller's Agent in 2022

    Katie French

    Coldwell Banker Realty

    (860) 977-3802

    15 in this area

    206 Total Sales

    Katie French
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Map

Source: SmartMLS

MLS Number: 170346827

SmartMLS

APN: SIMS-000016H-000110-000022

Connecticut Hartford County Simsbury 06070

1 Cobtail Way, Simsbury, CT

This home is located at 1 Cobtail Way, Simsbury, CT 06070 since 13 October 2020 and is currently estimated at $114,000, approximately $22 per square foot. 1 Cobtail Way is a home located in Hartford County with nearby schools including Latimer Lane School, Henry James Memorial School, and Simsbury High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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