NOT LISTED FOR SALE

1050 River Rd Southbury, CT 06488

Estimated Value: $222,000

2 Beds
1 Bath
1,184 Sq Ft
$188/Sq Ft Est. Value

Last Sold May 01, 2020

Last sale price $75,000 $63 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $1,325/month

286 Days on Market

Highlights

  • Lake Front
  • Open Floorplan
  • Partially Wooded Lot
  • Gainfield Elementary School Rated A-
  • Deck
  • 1 Fireplace

About This Home

As of May 2020

Opportunity is knocking! Come and view this incredible property by the lake!!! Owner financing available with 25% down. Offered is a circa 1900 renovation project for the most discerning buyers with a vision. 375' of road frontage-HUGE potential! Included is a detached carriage house/garage with rooftop deck affording outstanding views of Lake Zoar. Property on the lake has floating dock and is a large "park like" setting with room for expansion. All properties on the lake are subject to Firstlight Power's Shoreline Management Plan. While you don't own the lake frontage you can get permission to use it. Information and application are attached to the listing. Renovate or remove existing home and build your new dream home while keeping the original carriage house and rooftop deck. So much opportunity, MUST BE SEEN! Being sold well below assessed value of $123,408. Property to transfer strictly "as-is, where-is". Cash or 203K only. A wonderfully private and unique location where the only houses visible are on the other side of the lake.

Last Agent to Sell the Property

Justin Bette

Joseph Bette REALTORS Inc License #REB.0751232 Listed on: 07/13/2019

Last Buyer's Agent

Justin Bette

Joseph Bette REALTORS Inc License #REB.0751232 Listed on: 07/13/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,514

Year Built

  • Built in 1900

Lot Details

  • 0.86 Acre Lot
  • Lake Front
  • Lot Has A Rolling Slope
  • Partially Wooded Lot
  • Property is zoned R-80

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,184 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Parking Deck
  • Gravel Driveway

Outdoor Features

  • Deck

Location

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

Schools

  • Gainfield Elementary School
  • Pomperaug High School

Utilities

  • Heating System Uses Steam
  • Private Company Owned Well
  • Well Required
  • No Hot Water

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,514

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Sq Ft Est Heated Above Grade: 1184
  • Public Record Living Room Sq Ft: 1184
  • Total Sq Ft: 1184
  • Year Built: 1900
  • Nearby Amenities: Golf Course, Health Club, Lake, Library, Medical Facilities, Park, Playground/Tot Lot, Shopping/Mall
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 1214
  • Tax Year Updated Dt: 07/29/2019
  • Directions: Main St South to Fish Rock which becomes River rd. #1050 is past the Silver Bridge on right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Crawl Space
  • Interior Amenities: Open Floor Plan
  • Attic: No

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Lake, Access, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1
  • Driveway Type: Gravel

Utilities

  • Heat Type: Steam, No Heat
  • Hot Water Description: No Hot Water
  • Water Source: Private Well, Well Required
  • Sewer: Septic Required

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.8600
  • Lot Description: Lightly Wooded, Rolling
  • Zoning: R-80

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 2514
  • Mil Rate Base: 29.100
  • Assessor Parcel Number: 1327402

MLS Schools

  • Elementary School: Gainfield
  • High School: Pomperaug

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2011
Sold by
Fnma
Bought by
Sabados Stephen
Current Estimated Value
$222,000

Purchase Details

Closed on
Feb 11, 2011
Sold by
Hammer Michelle and Hammer Dennis
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 30, 2002
Sold by
Pratt Joe and Pratt Karen
Bought by
Hammer Michelle and Hammer Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,900
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Sabados Stephen $76,500 --
Federal National Mortgage Association -- --
Hammer Michelle $159,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hammer Michelle $190,000
Previous Owner Hammer Michelle $187,500
Previous Owner Hammer Michelle $119,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2020 05/01/20 Sold $75,000 -11.8% $63 / Sq Ft
04/14/2020 04/14/20 For Sale $85,000 +13.3% $72 / Sq Ft
04/13/2020 04/13/20 Off Market $75,000 -- --
01/13/2020 01/13/20 For Sale $85,000 +13.3% $72 / Sq Ft
01/12/2020 01/12/20 Off Market $75,000 -- --
11/10/2019 11/10/19 Price Changed $85,000 -3.1% $72 / Sq Ft
07/13/2019 07/13/19 For Sale $87,700 -- $74 / 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 $1,887 $77,960 $73,860 $4,100
2024 $1,840 $77,960 $73,860 $4,100
2023 $1,754 $77,960 $73,860 $4,100
2022 $2,474 $86,386 $75,290 $11,096
2021 $2,531 $86,386 $75,290 $11,096
2020 $2,531 $86,386 $75,290 $11,096
2019 $2,514 $86,386 $75,290 $11,096
2018 $2,505 $86,386 $75,290 $11,096
2017 $3,758 $128,260 $71,290 $56,970
2016 $3,694 $128,260 $71,290 $56,970
2015 $3,643 $128,260 $71,290 $56,970
2014 $3,540 $128,260 $71,290 $56,970
Source: Public Records

Agents Affiliated with this Home

  • Justin Bette

    Seller's Agent in 2020

    Justin Bette

    Joseph Bette REALTORS Inc

    (203) 217-5768

    169 in this area

    217 Total Sales

    Justin Bette
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Map

Source: SmartMLS

MLS Number: 170216313

SmartMLS

APN: SBUR-000019-000092-000073

Connecticut New Haven County Southbury 06488

1050 River Rd, Southbury, CT

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