NOT LISTED FOR SALE

12 Terrace Place Unit 11 New Milford, CT 06776

Estimated Value: $145,000 - $187,000

1 Bed
1 Bath
620 Sq Ft
1968 Built

Last Sold July 22, 2013

Last sale price $46,000 $74 Per Sq Ft

Est. 264% increase in value since last sale

Current estimated payment $1,130/month

109 Days on Market

About This Home

As of July 2013

Priced for a quick sell! Upper level unit in good condition. Complex near the town center. This unit must be owner occupied or rented to immediate family. 1 cat is ok but do dogs. One Parking space

Last Agent to Sell the Property

Tino Marcal

Marcal Realty LLC License #REB.0788869 Listed on: 02/11/2013

Last Buyer's Agent

Bonnie Bevans

BRealEstate.net

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,467

Year Built

  • Built in 1968

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Masonry Siding

Interior Spaces

  • 620 Sq Ft Home
  • Laundry in Basement
  • Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

Overview

  • Property has a Home Owners Association
  • 20 Units
  • Terrace Place Community

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,467

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 620
  • Public Record Living Room Sq Ft: 620
  • Total Sq Ft: 620
  • Year Built: 1968
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 620
  • Directions: bennitt st to terrace place to complex unit
  • Special Features: None

Interior Features

  • Room Count: 3
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Oven/Range, Refrigerator
  • Laundry Room Location: basement
  • Attic: No
  • Street Number Modifier: 12

Exterior Features

  • Exterior Siding: Brick
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage Parking Info: Assigned Parking
  • Garages Number: 1

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard

Condo/Co-op/Association

  • Complex Name: Terrace Place
  • HOA Fees: 200
  • HOA: Yes
  • Property Manager Name: CMS
  • Property Manager Phone: (860) 354-2814

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Zoning: res

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: July 2012-June 2013
  • Property Tax: 1467
  • Total Assessed Value: 57820
  • Mil Rate Total: 25.370
  • Assessor Parcel Number: 1868985
  • Tax Year Pub Record: 2012

Multi Family

  • Total Num Of Units: 20

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2013
Closed on
Jul 22, 2013
Sold by
Willrich Lily V
Bought by
Merritt Walker
Seller's Agent
Tino Marcal
Marcal Realty LLC
Buyer's Agent
Bonnie Bevans
BRealEstate.net
List Price
$55,000
Sold Price
$46,000
Premium/Discount to List
-$9,000
-16.36%
Current Estimated Value
$167,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,547
Avg. Annual Appreciation
11.10%
Original Mortgage
$25,000
Outstanding Balance
$18,179
Interest Rate
3.92%
Estimated Equity
$149,368

Purchase Details

Closed on
Nov 30, 2005
Sold by
Cessna Nicole Lippman
Bought by
Willrich Henry and Willrich Lily

Purchase Details

Closed on
Apr 5, 1995
Sold by
Michaud Lori J
Bought by
Lippman Joyce M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8%
Mortgage Type
Unknown
Source: Public Records

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
Merritt Walker $46,000 --
Willrich Henry $100,000 --
Lippman Joyce M $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lippman Joyce M $25,000
Previous Owner Lippman Joyce M $30,000
Closed Lippman Joyce M $5,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2013 07/22/13 Sold $46,000 -16.4% $74 / Sq Ft
06/22/2013 06/22/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $55,000 -- $89 / 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 $3,008 $55,580 $0 $55,580
2024 $1,655 $55,580 $0 $55,580
2023 $1,611 $55,580 $0 $55,580
2022 $1,576 $55,580 $0 $55,580
2021 $1,555 $55,580 $0 $55,580
2020 $1,570 $54,740 $0 $54,740
2019 $1,571 $54,740 $0 $54,740
2018 $1,542 $54,740 $0 $54,740
2017 $1,492 $54,740 $0 $54,740
2016 $1,465 $54,740 $0 $54,740
2015 $1,547 $57,820 $0 $57,820
2014 $1,521 $57,820 $0 $57,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 99016729

SmartMLS

APN: NMIL-000035-000002-000126-000011