Seller's Agent in 2022
Connie Widmann
William Raveis Real Estate
(203) 856-6491
11 in this area
220 Total Sales
1 Farnam Hill Bethel, CT 06801
Estimated Value: $561,864 - $729,000
4
Beds
2
Baths
1,724
Sq Ft
$380/Sq Ft
Est. Value
Highlights
- Deck
- Property is near public transit
- No HOA
- Bethel High School Rated A-
- Attic
- Porch
About This Home
As of September 2022Exciting new investment opportunity with this impeccably maintained and freshly painted two-family home located at 1 Farnam Hill. A complete renovation down to the studs was done in 2000 bringing it to today's standards while maintaining the vintage charm. Units are up and down, each with two bedrooms and one bath, and entrances to each unit on opposite sides of the front porch offer privacy. Potential income of $2400-$2600 per unit. The fantastic floor plans offer kitchens with dining areas and light-filled rooms. The first floor is currently using the washer/dryer in the lower level, but there is a closet plumbed for laundry in the unit. Upstairs has a stackable washer/dryer in a closet. A pull-down attic in the upper level offers room for storage, and a basement with outside access and a half bath also offers storage or an opportunity for more finished space if desired. The charming front porch is a great place to enjoy your morning coffee or for relaxing at the end of the day, and there are also decks in back of the house. A gravel drive ends behind the house and offers plenty of room for off-street parking. The level lot has been beautifully landscaped with perennial gardens. Excellent location within walking distance of great shops and restaurants in the center of Bethel as well as a convenient commuting location within walking distance of the train station. Investors or owner occupants take note of this charming two family home with great curb appeal!
Last Agent to Sell the Property
William Raveis Real Estate License #RES.0767271 Listed on: 05/02/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,385
Year Built
- Built in 1892
Lot Details
- 10,019 Sq Ft Lot
- Level Lot
Home Design
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,724 Sq Ft Home
- Pull Down Stairs to Attic
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- Parking Deck
- Gravel Driveway
- Off-Street Parking
Outdoor Features
- Deck
- Porch
Location
- Property is near public transit
- Property is near shops
Schools
- Bethel High School
Utilities
- Hot Water Heating System
- Heating System Uses Natural Gas
- Hot Water Circulator
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Public Transportation
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 2, 2022
Closed on
Sep 2, 2022
Sold by
Curnan Martin J and Curnan Michele L
Bought by
Nunez James
Seller's Agent
Connie Widmann
William Raveis Real Estate
Buyer's Agent
Malvyn Paulino
William Raveis Real Estate
List Price
$549,900
Sold Price
$570,000
Premium/Discount to List
$20,100
3.66%
Views
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,466
Avg. Annual Appreciation
4.33%
Original Mortgage
$484,500
Outstanding Balance
$462,692
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$191,774
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nunez James | $570,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nunez James | $484,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/02/2022 09/02/22 | Sold | $570,000 | +3.7% | $331 / Sq Ft |
| 08/25/2022 08/25/22 | Pending | -- | -- | -- |
| 07/22/2022 07/22/22 | For Sale | $549,900 | 0.0% | $319 / Sq Ft |
| 07/20/2022 07/20/22 | Pending | -- | -- | -- |
| 05/06/2022 05/06/22 | For Sale | $549,900 | -- | $319 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $9,239 | $303,800 | $84,000 | $219,800 |
| 2024 | $8,862 | $303,800 | $84,000 | $219,800 |
| 2023 | $8,637 | $303,800 | $84,000 | $219,800 |
| 2022 | $7,385 | $213,500 | $84,000 | $129,500 |
| 2021 | $7,315 | $213,500 | $84,000 | $129,500 |
| 2020 | $7,203 | $213,500 | $84,000 | $129,500 |
| 2019 | $7,133 | $213,500 | $84,000 | $129,500 |
| 2018 | $7,018 | $213,500 | $84,000 | $129,500 |
| 2017 | $6,182 | $188,020 | $78,120 | $109,900 |
| 2016 | $6,049 | $188,020 | $78,120 | $109,900 |
| 2015 | $6,050 | $188,020 | $78,120 | $109,900 |
| 2014 | $6,037 | $188,020 | $78,120 | $109,900 |
Source: Public Records
Agents Affiliated with this Home
-
Connie Widmann
-
Malvyn Paulino
M
Buyer's Agent in 2022
Malvyn Paulino
William Raveis Real Estate
(203) 794-9494
1 in this area
9 Total Sales
Map
Source: SmartMLS
MLS Number: 170487137
APN: BETH-000022-000012-000016
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