NOT LISTED FOR SALE

1 Palmer Ln Riverside, CT 06878

Estimated Value: $2,592,000 - $4,442,000

4 Beds
2 Baths
1,676 Sq Ft
$2,280/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $1,458,000 $870 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $21,570/month

90 Days on Market

Highlights

  • Cape Cod Architecture
  • Partial Attic
  • Breakfast Area or Nook
  • Riverside School Rated A+
  • Corner Lot
  • Fireplace

About This Home

As of August 2021

*NEW 2021 SURVEY AVAILABLE*

Prime location in Riverside! Surrounded by beautiful quiet streets (some with water views) and great access to town amenities, this is one of the most coveted areas of Riverside not to be missed! This cozy home features a master bedroom downstairs with private bathroom and walk-in closet, three good sized bedrooms upstairs, eat-in kitchen with adjacent dining room/family room, welcoming living room in the front of the house, and a spacious two car garage with ample storage above. Situated on 0.277 acre with generous front and side yards. Opportunity to expand this charming home or redevelop to 3,800 sq ft (above grade). Within close proximity to schools, trains, town of Old Greenwich, Binney Park, I-95, Greenwich Point Park.

Last Agent to Sell the Property

Kimberly McConnell

Sotheby's International Realty License #RES.0817390 Listed on: 04/23/2021

Co-Listed By

Bryan Tunney

Sotheby's International Realty License #REB.0788430

Last Buyer's Agent

Nicholas Jackson

Centric Property Group Inc. License #RES.0806178

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,000

Year Built

  • Built in 1952 | Remodeled in 2019

Lot Details

  • 0.28 Acre Lot
  • Corner Lot
  • Level Lot
  • Property is zoned R-12

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,676 Sq Ft Home
  • Fireplace
  • Family or Dining Combination
  • Partial Attic
  • Breakfast Area or Nook
  • Washer and Dryer
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Available
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 05-2420/S

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,000

Year Built

Built in 1952 | Remodeled in 2019

Lot Details

0

Parking

2

Listing Details

  • Directions: Marks Road to Palmer Lane. 1 Palmer Lane is on the corner of Marks Road and Palmer Lane (house faces Palmer Lane).
  • Prop. Type: Residential
  • Year Built: 1952
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.28
  • Co List Office Mls Id: SOTH01
  • Co List Office Phone: 203-869-4343
  • Inclusions: Washer/Dryer, All Kitchen Applncs
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Effective Year Built: 2019
  • Included:WasherDryer: Yes
  • Lot Description:Level: Yes
  • Cooling System:Wall Unit(s): Yes
  • Lot Description:Corner: Yes
  • Special Features: None
  • Year Renovated: 2019

Interior Features

  • Has Basement: Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Primary Bdrm Comments:Walk-in Closet(s): Yes
  • Attic:Partial2: Yes
  • Other Room LevelFP:LL49: 1
  • Basement Type:Unfinished: Yes
  • Kitchen Comments:Breakfast Nook: Yes
  • Dining Room Comments:FamilyDR: Yes

Exterior Features

  • Roof: Asphalt
  • Lot Features: Corner, Level
  • Pool Private: No
  • Exclusions: Call LB
  • Construction Type: Vinyl Siding
  • Exterior:Vinyl Siding: Yes
  • Roof:Asphalt: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • General Property Info:Garage Desc: Attached

Utilities

  • Water Source: Public
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Heat Fuel:Gas: Yes
  • Water Source:Public: Yes
  • Sanitation Source:Town Sewer: Yes
  • Hot Water:Gas2: Yes
  • Gas Source:Public Utility: Yes
  • Heat System:Hot Water: Yes

Schools

  • Elementary School: Riverside
  • Middle Or Junior School: Eastern

Lot Info

  • Zoning: R-12
  • Lot Size Sq Ft: 12196.8
  • Parcel #: 05-2420/S
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2023
Sold by
Oshea Joseph
Bought by
Joseph Ryan Oshea Ret
Current Estimated Value
$3,820,693

Purchase Details

Listed on
Apr 23, 2021
Closed on
Aug 24, 2021
Sold by
31 Marks Road Llc
Bought by
Oshea Joseph
Seller's Agent
Kimberly McConnell
Sotheby's International Realty
Buyer's Agent
Nicholas Jackson
Centric Property Group Inc.
List Price
$1,599,000
Sold Price
$1,458,000
Premium/Discount to List
-$141,000
-8.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.24%
Original Mortgage
$1,166,400
Interest Rate
2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 22, 2019
Sold by
Palmer Timothy P Est and Poeschl
Bought by
Poeschl Patrick L

Purchase Details

Closed on
Oct 7, 2013
Sold by
Palmer Paul P and Palmer Timothy P
Bought by
31 Mark Road Llc

Purchase Details

Closed on
Dec 3, 2012
Sold by
Palmer Phyllis N Est and Palmer
Bought by
Phyllis N Palmer T N and Phyllis Palmer
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Joseph Ryan Oshea Ret -- None Available
Joseph Ryan Oshea Ret -- None Available
Oshea Joseph $1,458,000 None Available
Oshea Joseph $1,458,000 None Available
Oshea Joseph $1,458,000 None Available
Poeschl Patrick L -- --
Poeschl Patrick L -- --
Poeschl Patrick L -- --
31 Mark Road Llc -- --
31 Mark Road Llc -- --
Phyllis N Palmer T N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oshea Joseph $1,166,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2021 08/27/21 Sold $1,458,000 -8.8% $870 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $1,599,000 -- $954 / Sq Ft
Source: Greenwich Association of REALTORS®

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 $18,379 $1,487,080 $931,350 $555,730
2024 $11,117 $931,350 $931,350 $0
2023 $12,220 $1,050,210 $931,350 $118,860
2022 $12,109 $1,050,210 $931,350 $118,860
2021 $11,018 $915,110 $792,820 $122,290
2020 $11,000 $915,110 $792,820 $122,290
2019 $11,109 $915,110 $792,820 $122,290
2018 $11,320 $915,110 $792,820 $122,290
2017 $10,999 $915,110 $792,820 $122,290
2016 $10,825 $915,110 $792,820 $122,290
2015 $10,817 $907,060 $834,680 $72,380
2014 $10,545 $907,060 $834,680 $72,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greenwich Association of REALTORS®

MLS Number: 112937

Greenwich Association of REALTORS®

APN: GREE-000005-000000-002420-S000000