NOT LISTED FOR SALE

Estimated Value: $1,728,047 - $1,945,000

4 Beds
4.5 Baths
4,717 Sq Ft
$390/Sq Ft Est. Value

Last Sold February 19, 2020

Last sale price $1,495,000 $317 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $12,499/month

93 Days on Market

Highlights

  • Detached Guest House
  • Barn
  • Heated In Ground Pool
  • Redding Elementary School Rated A
  • Stables
  • Sub-Zero Refrigerator

About This Home

As of February 2020

"Promise Farm" - stunning 18 acre equestrian homestead including just completed 4,717 sf modern farmhouse; 750 sf fully renovated cottage/guest house; 3 stall barn with wash stall (hot/cold/radiant), feed room, equip. room, & hay loft; 4 individually fenced pastures; 2 riding arenas; 20x60 m. full size dressage arena, 20x40 m. jumping arena; 15 acres fenced; 20 x 40 ft heated, saltwater, gunite pool; plus nearly 3 miles of trails in the abutting Little River Preserve. Exceptional labor of love inside & out by the current owners who renovated the 2 story guest cottage in 2016 w/top of the line appointments incl. kitchen, BR & full bath while they custom built the main residence. The original home was taken down to the foundation & rebuilt from the ground up resulting in a modern craftsman style combining state of the art technology w/native wood/stone from the property to capture the natural beauty of the surroundings. Light, bright & open w/12" rafters, structural beams milled from on site trees; standing seam steel roof; white cedar siding milled in NH; galvanized steel gutters; 3 fplcs; all new mechanicals incl. 5 zones propane heat, 3 zones A/C, & whole house generator w/1000 gallon propane tank; & chef's kitchen featuring cstm cabinetry, white Macaubas quartzite counters & prof. Wolf/Sub Zero appliances. Total 4 BR, 4/1 BA incl. elegant MBR suite, 2 additional ensuite BRs, & lower level in-law potential w/4th BR/full bth. Top Redding center location & apprx 1 hour to NYC.

Last Listed By

Laura Ancona

William Pitt Sotheby's Int'l License #RES.0770587 Listed on: 11/01/2019

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,137

Year Built

  • Built in 2018

Lot Details

  • 17.98 Acre Lot
  • Level Lot
  • Garden
  • Property is zoned R-2

Home Design

  • Farmhouse Style Home
  • Modern Architecture
  • Concrete Foundation
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Cedar Siding

Interior Spaces

  • 4,717 Sq Ft Home
  • Open Floorplan
  • 3 Fireplaces
  • French Doors
  • Home Gym
  • Walkup Attic

Kitchen

  • Built-In Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Sub-Zero Refrigerator
  • Wine Cooler

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Tuck Under Garage
  • Circular Driveway

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Additional Homes

  • Detached Guest House

Schools

  • Redding Elementary School
  • John Read Middle School
  • Joel Barlow High School

Farming

  • Barn
  • Farm

Horse Facilities and Amenities

  • Paddocks
  • Stables

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Air Source Heat Pump
  • Heating System Uses Propane
  • Power Generator
  • Private Company Owned Well
  • Propane Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,137

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Neighborhood: Redding Center
  • Property Type: Single Family For Sale
  • Style: Farm House, Modern
  • Sq Ft Est Heated Above Grade: 4717
  • Total Sq Ft: 4717
  • Year Built: 2018
  • New Construction: Torn Down & Rebuilt
  • Nearby Amenities: Park
  • In Law Access: Detached
  • In Law Apartment: Yes
  • Handicap Features: 32" Minimum Door Widths
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Tax Year Updated Dt: 11/18/2019
  • Directions: Rt 107 to Cross Highway to #115 on left down private access way
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplaces: 3
  • Attic Description: Walk-up
  • Basement Description: Full, Fully Finished, Walk-out
  • Interior Amenities: Open Floor Plan
  • Appliances: Gas Range, Wall Oven, Microwave, Range Hood, Refrigerator, Subzero, Washer, Dryer, Wine Chiller
  • Additional Rooms: Exercise Room, Laundry Room, Mud Room
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 115

Exterior Features

  • Exterior Features: Barn, French Doors, Garden Area, Guest House, Lighting, Paddock, Patio, Porch, Stable
  • Exterior Siding: Cedar, Wood
  • Foundation Type: Concrete
  • Roof Information: Metal
  • Swimming Pool: Yes
  • Pool: In Ground Pool, Heated, Salt Water, Gunite
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, Under House Garage
  • Garages Number: 2
  • Driveway Type: Private, Circular

Utilities

  • Cooling System: Central Air, Zoned
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Propane
  • Hot Water Description: Propane
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Redding
  • Middle School: John Read
  • High School: Joel Barlow

Green Features

  • Energy Features: Generator

Lot Info

  • Acres: 17.9800
  • Lot Description: Farm Land, Level Lot, Rolling, Fence - Full, Fence - Rail, Professionally Landscaped
  • Zoning: R-2

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 22137
  • Total Assessed Value: 674090
  • Mil Rate Base: 32.840
  • Mil Rate Total: 32.840
  • Assessor Parcel Number: 269296

MLS Schools

  • Elementary School: Redding
  • Middle Jr High School: John Read
  • High School: Joel Barlow

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Feb 5, 2020
Sold by
Kerr Jon and Kerr Jen
Bought by
Kleiner Alexander M and Daum Alexandra
Seller's Agent
Laura Ancona
William Pitt Sotheby's Int'l
Buyer's Agent
Jack Hill
Seabury Hill REALTORS
List Price
$1,495,000
Sold Price
$1,495,000
Total Days on Market
93
Current Estimated Value
$1,839,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,349
Avg. Annual Appreciation
4.31%
Original Mortgage
$1,196,000
Outstanding Balance
$1,070,176
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$793,845

Purchase Details

Listed on
Nov 4, 2015
Closed on
Jan 25, 2016
Sold by
Bank Of America Na
Bought by
Kerr Jon and Kerr Jen
Seller's Agent
Salvatore F Spadaccino
Spadaccino Realty Team
Buyer's Agent
Non Member
SmartMLS, Inc.
List Price
$585,000
Sold Price
$643,000
Premium/Discount to List
$58,000
9.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.73%
Original Mortgage
$514,400
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 17, 2015
Sold by
Palmisano Matthew
Bought by
Bank Of America Na

Purchase Details

Closed on
Mar 24, 2015
Sold by
Kvinta Ellen
Bought by
Palmisnao Matthew

Purchase Details

Closed on
Nov 30, 2010
Sold by
Palmisano Matthew
Bought by
Palmisano Matthew and Palmisano Ellen

Purchase Details

Closed on
Mar 8, 2006
Sold by
Meehan Matthew and Meehan Janice
Bought by
Palmisano Matthew

Purchase Details

Closed on
May 22, 2001
Sold by
Bammann Linda and Terzani Paul R
Bought by
Meehan Matthew M and Meehan Janice

Purchase Details

Closed on
Jan 2, 1996
Sold by
Reed Saly Mesta
Bought by
Bammann Linda and Terzani Paul R

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
Kleiner Alexander M $1,495,000 None Available
Kerr Jon $643,000 --
Bank Of America Na -- --
Palmisnao Matthew -- --
Palmisano Matthew -- --
Palmisano Matthew $1,950,000 --
Meehan Matthew M $1,375,000 --
Bammann Linda $1,175,000 --
Kerr Jon $643,000 --
Bank Of America Na -- --
Palmisnao Matthew -- --
Palmisano Matthew -- --
Palmisano Matthew $1,950,000 --
Meehan Matthew M $1,375,000 --
Bammann Linda $1,175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kleiner Alexander M $1,196,000
Previous Owner Kerr Jon $969,000
Previous Owner Kerr Jon $514,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2020 02/19/20 Sold $1,495,000 0.0% $317 / Sq Ft
02/02/2020 02/02/20 Pending -- -- --
11/01/2019 11/01/19 For Sale $1,495,000 +132.5% $317 / Sq Ft
01/08/2016 01/08/16 Sold $643,000 +9.9% $143 / Sq Ft
11/20/2015 11/20/15 Pending -- -- --
11/04/2015 11/04/15 For Sale $585,000 -- $130 / 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 $27,611 $961,390 $228,890 $732,500
2023 $26,621 $961,390 $228,890 $732,500
2022 $22,834 $684,890 $241,190 $443,700
2021 $22,492 $684,890 $241,190 $443,700
2020 $22,262 $677,890 $241,190 $436,700
2019 $22,137 $674,090 $241,190 $432,900
2018 $15,508 $488,890 $241,190 $247,700
2017 $16,332 $551,390 $301,290 $250,100
2016 $23,664 $809,300 $421,400 $387,900
2015 $19,924 $689,190 $301,290 $387,900
2014 $19,924 $689,190 $301,290 $387,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170249353

SmartMLS

APN: REDD-000022-000000-000081