$97,000
SOLD FEB 2, 2017

1 Magnolia Hill Ct Unit 1 Cromwell, CT 06416

3 Beds
2.5 Baths
1,453 Sq Ft
$339/mo HOA Fee

Recently Sold

$67 Per Sq Ft

24% Below List Price

71 Days on Market

Highlights

  • Deck
  • Central Air
  • Baseboard Heating
  • Guest Parking

About This Home

As of June 2017

PRICE REDUCED!END UNIT, BOASTING THREE FULL BEDROOMS, TWI FULL BATHS AND A HALF BATH. OPEN FLOOR PLAN ON MAIN LEVEL, TWO LARK REAR DECKS. HUD Home. Sold “AS IS” by elec. bid only. Prop avail 12-9-16. Bids due daily 11:59pm CENTRAL TIME until sold. FHA Case #061-351414. Insured w Escrow Rpr. Eligible for FHA 203K, CASH , CONVENTIONAL FHA?. LBP. For Prop conditions, Forms, Discl & Avail please visit . Buyer to verify all info. Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. State law requires Smoke/ Carbon Monoxide detectors be installed for properties having combustible fuel heaaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity, Individual condominium unit, Plumbing leak and presence of mold-like substance in basement, inspection is recommended, HOA Association fee of $322.00 Monthly. Repairs: Repair electrical system

Last Agent to Sell the Property

George Sznaj

DB Associates of CT, LLC License #REB.0790417 Listed on: 11/04/2016

Last Buyer's Agent

Maria Szewczyk

Gorski Realty LLC License #RES.0757825

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,623

Year Built

  • Built in 1973

HOA Fees

  • $339 Monthly HOA Fees

Home Design

  • Clap Board Siding

Interior Spaces

  • 1,453 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Parking Deck
  • Guest Parking
  • Visitor Parking

Outdoor Features

  • Deck

Schools

  • Pboe Elementary School
  • Pboe High School

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Association fees include insurance
  • Cromwell Hills Community
  • Property managed by IMAGNIEERS

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,623

Year Built

Built in 1973

Lot Details

0

HOA Fees

$339 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Total Sq Ft: 1453
  • Year Built: 1973
  • Association Amenities: Guest Parking
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: MAGNOLIA HILL CT
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Description: Full
  • Interior Amenities: Cable - Available
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Street Number Modifier: 1

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Clapboard
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Assigned Parking

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Insurance
  • Complex Name: Cromwell Hills
  • Levels In Unit: 2
  • HOA Fees: 339
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: IMAGNIEERS
  • Property Mgt Phone: 8602472318

Schools

  • Elementary School: PBOE
  • High School: PBOE

Rental Info

  • Lease Purchase: No
  • Pets Allowed: No

Tax Info

  • Property Tax: 2623
  • Total Assessed Value: 83590
  • Mil Rate Total: 31.380
  • Assessor Parcel Number: 2384412

Multi Family

  • Total Num Of Units: 1

MLS Schools

  • Elementary School: PBOE
  • High School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2017
Closed on
Jun 16, 2017
Sold by
Dbk Llc
Bought by
Mebane Charise
Seller's Agent
Maria Szewczyk
Gorski Realty LLC
Buyer's Agent
Ilka Torres
Torbello Real Estate Advisors
List Price
$149,900
Sold Price
$152,000
Premium/Discount to List
$2,100
1.4%
Total Days on Market
71
Current Estimated Value
$256,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,436
Avg. Annual Appreciation
6.79%
Original Mortgage
$149,246
Outstanding Balance
$127,914
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$130,056

Purchase Details

Listed on
Nov 4, 2016
Closed on
Feb 7, 2017
Sold by
Department Of Housing & Urban Dev
Bought by
Dbk Llc
Seller's Agent
George Sznaj
DB Associates of CT, LLC
Buyer's Agent
Maria Szewczyk
Gorski Realty LLC
List Price
$128,000
Sold Price
$97,000
Premium/Discount to List
-$31,000
-24.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
248.23%

Purchase Details

Closed on
Oct 28, 2015
Sold by
Adorno Jorge
Bought by
Chfa

Purchase Details

Closed on
Oct 13, 2009
Sold by
Quinones Caridad
Bought by
Adorno Jorge

Purchase Details

Closed on
Oct 1, 2002
Sold by
Biales Brian
Bought by
Mlynek Louise and Marcelius Christopher

Purchase Details

Closed on
May 1, 1989
Sold by
Pellerin Michael J
Bought by
Biales Brian
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $152,000 --
Warranty Deed $152,000 --
Warranty Deed $97,000 --
Warranty Deed $97,000 --
Foreclosure Deed -- --
Foreclosure Deed -- --
Warranty Deed $140,000 --
Warranty Deed $140,000 --
Warranty Deed $127,500 --
Warranty Deed $127,500 --
Deed $136,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,475 FHA
Closed $5,385 FHA
Open $14,281 FHA
Open $149,246 FHA
Closed $149,246 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2017 06/15/17 Sold $152,000 +1.4% $105 / Sq Ft
05/02/2017 05/02/17 For Sale $149,900 +54.5% $103 / Sq Ft
02/02/2017 02/02/17 Sold $97,000 -15.8% $67 / Sq Ft
01/14/2017 01/14/17 Pending -- -- --
12/09/2016 12/09/16 Price Changed $115,200 -10.0% $79 / Sq Ft
11/04/2016 11/04/16 For Sale $128,000 -- $88 / 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 $4,126 $137,200 $0 $137,200
2023 $4,035 $137,200 $0 $137,200
2022 $3,565 $106,960 $0 $106,960
2021 $3,565 $106,960 $0 $106,960
2020 $3,511 $106,960 $0 $106,960
2019 $3,511 $106,960 $0 $106,960
2018 $3,511 $106,960 $0 $106,960
2017 $2,836 $83,590 $0 $83,590
2016 $2,811 $83,590 $0 $83,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: P10180323

SmartMLS

APN: CROM-000021-000012-000024-000036-27