NOT LISTED FOR SALE

118 Richards Dr Monroe, CT 06468

Estimated Value: $616,000 - $640,000

3 Beds
2.5 Baths
2,142 Sq Ft
$293/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $360,000 $168 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,144/month

95 Days on Market

Highlights

  • Deck
  • Property is near public transit and shops
  • 2 Fireplaces
  • Monroe Elementary School Rated A
  • Raised Ranch Architecture
  • No HOA

About This Home

As of July 2020

Beautiful Raised Ranch In A Great Neighborhood! The Main Level Consists of The Spacious Living Room, Dining Area, Kitchen, 3 Bedrooms, A Full Bath, and Laundry Room. The Lower Level Has A Full Bath, Access To The 2 Car Garage, & Family Room. Lower Level Flooring Is Newly Installed. Hardwood Floors Through-Out. Access to Back Patio From The Lower Level & Upper Porch Access From The Kitchen. 2 Fireplaces. Newly Installed Energy Efficient Mitsubishi Wall Units In All Bedrooms & Living Area. 20kW Propane Powered Generac Generator For Power Outages. Large 1Acre Level Lot. 2 Storage Sheds. Close To Monroe Public Schools, Monroe Center Shopping Center, & More! Come Take A Look Today!

Last Agent to Sell the Property

Christopher Carrena

Carrena Property Mgmt & Realty License #REB.0792045 Listed on: 03/09/2020

Last Buyer's Agent

Jennifer Runnette

Brown Harris Stevens License #RES.0799689

Brown Harris Stevens

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,866

Year Built

  • Built in 1965

Lot Details

  • 1.09 Acre Lot
  • Level Lot
  • Property is zoned RF1

Home Design

  • Raised Ranch Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,142 Sq Ft Home
  • 2 Fireplaces

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on lower level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Garage Access

Home Security

  • Home Security System
  • Smart Thermostat

Parking

  • 2 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Shed

Location

  • Property is near public transit and shops

Schools

  • Monroe Elementary School
  • Jockey Hollow Middle School
  • Masuk High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Power Generator
  • Private Company Owned Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,866

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Neighborhood: Monroe Center
  • Property Type: Single Family For Sale
  • Style: Raised Ranch
  • Sq Ft Est Heated Above Grade: 2142
  • Public Record Living Room Sq Ft: 2142
  • Total Sq Ft: 2142
  • Year Built: 1965
  • Nearby Amenities: Basketball Court, Library, Public Rec Facilities, Public Transportation, Shopping/Mall
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3898
  • Tax Year Updated Dt: 07/13/2020
  • Directions: CT-111 to Elm St. to Jays Rd. To Richards Dr. to 118 Richards
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Basement Description: Full, Fully Finished, Garage Access
  • Interior Amenities: Auto Garage Door Opener, Security System
  • Appliances: Electric Cooktop, Electric Range, Refrigerator, Dishwasher
  • Additional Rooms: Laundry Room
  • Laundry Room Location: LaundryRm 1st Fl & 2ndHookup In Basement
  • Laundry Room Info: Lower Level, Main Level
  • Attic: No
  • Home Automation: Security System, Thermostat(s)

Exterior Features

  • Exterior Features: Deck, Patio, Shed
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Under House Garage
  • Garages Number: 2
  • Driveway Type: Paved, Asphalt

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Generator

Lot Info

  • Acres: 1.0900
  • Lot Description: Level Lot
  • Zoning: RF1

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 7866
  • Mil Rate Base: 35.480
  • Assessor Parcel Number: 173467

MLS Schools

  • Elementary School: Monroe
  • Middle Jr High School: Jockey Hollow
  • High School: Masuk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2020
Closed on
Jun 30, 2020
Sold by
Samonek Ft
Bought by
Muradeli Nikoloz
Seller's Agent
Christopher Carrena
Carrena Property Mgmt & Realty
Buyer's Agent
Jennifer Runnette
Brown Harris Stevens
List Price
$379,900
Sold Price
$360,000
Premium/Discount to List
-$19,900
-5.24%
Current Estimated Value
$627,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,861
Avg. Annual Appreciation
10.66%
Original Mortgage
$349,200
Outstanding Balance
$309,647
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$318,214

Purchase Details

Closed on
Jun 10, 2019
Sold by
Samonek Nancy
Bought by
Samonek Ft
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Muradeli Nikoloz $360,000 None Available
Muradeli Nikoloz $360,000 None Available
Samonek Ft -- --
Samonek Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muradeli Nikoloz $349,200
Closed Muradeli Nikoloz $349,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2020 07/17/20 Sold $360,000 -5.2% $168 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $379,900 +5.5% $177 / Sq Ft
06/10/2020 06/10/20 Off Market $360,000 -- --
04/27/2020 04/27/20 Price Changed $379,900 -5.0% $177 / Sq Ft
03/09/2020 03/09/20 For Sale $399,900 -- $187 / 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 $10,330 $360,290 $115,990 $244,300
2024 $8,638 $225,700 $100,600 $125,100
2023 $8,325 $221,700 $100,600 $121,100
2022 $8,172 $221,700 $100,600 $121,100
2021 $8,061 $221,700 $100,600 $121,100
2020 $7,866 $221,700 $100,600 $121,100
2019 $7,490 $210,500 $100,600 $109,900
2018 $7,418 $210,500 $100,600 $109,900
2017 $7,527 $210,500 $100,600 $109,900
2016 $7,368 $210,500 $100,600 $109,900
2015 $7,231 $210,500 $100,600 $109,900
2014 $7,550 $243,460 $127,540 $115,920
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170279007

SmartMLS

APN: MONR-000023-000044