NOT LISTED FOR SALE

1 Lakewood Terrace New Milford, CT 06776

Estimated Value: $410,000 - $430,032

3 Beds
2 Baths
1,048 Sq Ft
$399/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $323,000 $308 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,845/month

96 Days on Market

Highlights

  • Water Views
  • Deck
  • Ranch Style House
  • Beach Access
  • Property is near public transit
  • Attic

About This Home

As of July 2022

LOCATION, LOCATION, LOCATION!!! Bring your modern design and updating ideas. This property with endless potential is priced accordingly. It has year round water views of Candlewood Lake and a short walk to your deeded beach. The sandy beach is great for swimming and offers a swim platform/dock for cannonballs into the lake and/or an opportunity to watch the sunset after a hard days work! This desirable small association has fees of only $200 per year and a one-time charge of $1000 for a boat slip. The home features crown molding, a fireplace and 2 large triple picture windows in the living area, one offering seasonal views of the lake and the other on the opposite wall creating a room full of bright light. 1 bedroom has 2 closets and sliders to the back deck. The second bedroom has a pull down stairs to the attic with year round views of the lake. One bath is located on the main level and one downstairs opposite the third bedroom. This house has a new furnace and upgraded 200 amp electric panel. This ranch home will be sold as is and is located on a private short cul-de-sac consisting of only 20 members, 1 mile from RT 7, 2.5 miles from Southern Brookfield, close to shopping center, restaurants, public schools and golf course. You are going to love it here.

Last Agent to Sell the Property

Catherine McCarthy

William Raveis Real Estate License #RES.0774167 Listed on: 02/15/2022

William Raveis Real Estate

Last Buyer's Agent

Catherine McCarthy

William Raveis Real Estate License #RES.0774167 Listed on: 02/15/2022

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,489

Year Built

  • Built in 1958

Lot Details

  • 0.27 Acre Lot
  • Cul-De-Sac
  • Property is zoned R8

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shingle Siding
  • Cedar Siding

Interior Spaces

  • 1,048 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Concrete Flooring
  • Water Views
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Oven
  • Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level

Partially Finished Basement

  • Heated Basement
  • Garage Access
  • Basement Storage

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Private Driveway

Accessible Home Design

  • Exterior Wheelchair Lift
  • Chairlift

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Deck
  • Patio
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a golf course

Schools

  • Hill & Plain Elementary School
  • Sarah Noble Middle School
  • New Milford High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Private Company Owned Well
  • Hot Water Circulator
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Sold as is

Community Details

Overview

  • Association fees include lake/beach access

Amenities

  • Public Transportation

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,489

Year Built

Built in 1958

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Neighborhood: Candlewood Lake
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1048
  • Public Record Living Room Sq Ft: 1048
  • Total Sq Ft: 1048
  • Year Built: 1958
  • Nearby Amenities: Golf Course, Health Club, Lake, Medical Facilities, Park, Playground/Tot Lot, Public Transportation, Shopping/Mall
  • Association Amenities: Private Rec Facilities
  • Exclusions: Sold as is
  • Handicap Features: Chair Lift
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2240
  • Tax Year Updated Dt: 07/13/2022
  • Directions: Carmen Hill to Lakewood Terrace. 1st house on the left
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Partially Finished, Heated, Concrete Floor, Garage Access, Liveable Space, Storage
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Cable - Pre-wired
  • Appliances: Cook Top, Wall Oven
  • Additional Rooms: Laundry Room
  • Laundry Room Info: Lower Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck, Gutters, Patio
  • Exterior Siding: Shingle, Cedar
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Association Required, Beach Rights, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, Under House Garage
  • Garages Number: 1
  • Driveway Type: Private

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access
  • HOA Fees: 200
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Unit Owners Association

Schools

  • Intermediate School: Sarah Noble

Lot Info

  • Acres: 0.2700
  • Lot Description: On Cul-De-Sac, Water View
  • Flood Zone: No
  • Zoning: R8

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4489
  • Mil Rate Base: 28.350
  • Assessor Parcel Number: 1871796

MLS Schools

  • Elementary School: Hill & Plain
  • High School: New Milford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2022
Closed on
Jul 15, 2022
Sold by
Ruth E Fumal 1991 Irt
Bought by
Siwek Peter and Siwek Sandra D
Seller's Agent
Catherine McCarthy
William Raveis Real Estate
Buyer's Agent
Catherine McCarthy
William Raveis Real Estate
List Price
$350,000
Sold Price
$323,000
Premium/Discount to List
-$27,000
-7.71%
Current Estimated Value
$418,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,508
Avg. Annual Appreciation
8.19%
Original Mortgage
$242,250
Outstanding Balance
$230,751
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$187,758
Source: Public Records

Range of Values:

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Average Value
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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
Siwek Peter $323,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siwek Peter $242,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2022 07/15/22 Sold $323,000 -7.7% $308 / Sq Ft
05/22/2022 05/22/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $350,000 -- $334 / 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
2025 $7,654 $158,350 $54,470 $103,880
2024 $4,714 $158,350 $54,470 $103,880
2023 $4,589 $158,350 $54,470 $103,880
2022 $4,489 $158,350 $54,470 $103,880
2021 $4,429 $158,350 $54,470 $103,880
2020 $4,230 $147,490 $57,120 $90,370
2019 $4,233 $147,490 $57,120 $90,370
2018 $4,155 $147,490 $57,120 $90,370
2017 $4,019 $147,490 $57,120 $90,370
2016 $3,948 $147,490 $57,120 $90,370
2015 $4,009 $149,870 $52,360 $97,510
2014 $3,942 $149,870 $52,360 $97,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170466540

SmartMLS

APN: NMIL-000006-000002-000012