NOT LISTED FOR SALE

12 Terrace Place Unit 20 New Milford, CT 06776

Estimated Value: $147,000 - $208,000

1 Bed
1 Bath
620 Sq Ft
$200/mo HOA Fee

Last Sold October 25, 2019

Last sale price $87,000 $140 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,376/month

114 Days on Market

Highlights

  • Property is near public transit
  • End Unit
  • Laundry Facilities
  • Ranch Style House
  • Baseboard Heating

About This Home

As of October 2019

Clean as a whistle one bedroom end unit condo in small complex located in a quiet location just walking distance to the New Milford green. This great unit is only a half flight up and has its own 11 x 3 storage closet just one flight up. New laminate flooring throughout all the spacious rooms. Building has its own laundry room downstairs. Low utility bill makes this a no-brainer. One of the best locations in the building. Why rent when you can buy? Just move right in. Units can only be purchased for owner-occupancy.

Last Agent to Sell the Property

Demaree Cooney

Coldwell Banker Realty License #RES.0763416 Listed on: 05/28/2019

Coldwell Banker Realty

Last Buyer's Agent

Pat Catchpole

William Raveis Real Estate License #RES.0808452

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,542

Year Built

  • Built in 1968

Lot Details

  • End Unit

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Frame Construction
  • Masonry Siding

Interior Spaces

  • 620 Sq Ft Home
  • Basement Storage
  • Electric Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Location

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

Schools

  • Schaghticoke Middle School
  • Sarah Noble Middle School
  • New Milford High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, water, property management, insurance
  • 21 Units
  • Terrace Place Community
  • Property managed by CMS Management

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,542

Year Built

Built in 1968

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 620
  • Public Record Living Room Sq Ft: 620
  • Total Sq Ft: 620
  • Year Built: 1968
  • Nearby Amenities: Commuter Bus, Golf Course, Health Club, Lake, Library, Medical Facilities, Park, Shopping/Mall
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • Encumbrances Restrictions: Renting
  • End Unit: Yes
  • Home Warranty Offered: No
  • Unit On Floor Number: 2
  • Public Record Gross Sq Ft: 620
  • Tax Year Updated Dt: 07/29/2019
  • Directions: Railroad Street to Bennitt to Terrace. Terrace Place on right. Use entrance on far left of building.
  • Special Features: None

Interior Features

  • Room Count: 3
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Storage
  • Appliances: Electric Range, Refrigerator
  • Laundry Room Location: In basement of building
  • Laundry Room Info: Common Laundry Area
  • Attic: No
  • Street Number Modifier: 12

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Assigned Parking

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Water, Property Management, Insurance
  • Complex Name: Terrace Place
  • Levels In Unit: 1
  • HOA Fees: 200
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: CMS Management
  • Property Mgt Phone: (860)354-2814

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Schaghticoke
  • High School: New Milford
  • Intermediate School: Sarah Noble

Lot Info

  • Lot Description: N/A
  • Zoning: RES

Rental Info

  • Pets Allowed Info: 1 indoor cat only
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 1542
  • Total Assessed Value: 54740
  • Mil Rate Base: 28.170
  • Mil Rate Total: 28.170
  • Assessor Parcel Number: 1872067

Multi Family

  • Total Num Of Units: 21

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Schaghticoke
  • High School: New Milford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2019
Closed on
Oct 25, 2019
Sold by
Macedo John
Bought by
Julie A Halliday Ret
Seller's Agent
Demaree Cooney
Coldwell Banker Realty
Buyer's Agent
Pat Catchpole
William Raveis Real Estate
List Price
$89,900
Sold Price
$87,000
Premium/Discount to List
-$2,900
-3.23%
Current Estimated Value
$176,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,378
Avg. Annual Appreciation
12.48%

Purchase Details

Closed on
Oct 30, 2009
Sold by
Est Cappola Florence and Iannotti Georgann
Bought by
Macedo Joao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,100
Interest Rate
5.06%
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
Julie A Halliday Ret $87,000 --
Macedo Joao $77,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Macedo Joao $58,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2019 10/25/19 Sold $87,000 -3.2% $140 / Sq Ft
09/19/2019 09/19/19 Pending -- -- --
05/28/2019 05/28/19 For Sale $89,900 -- $145 / 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: 170199783

SmartMLS

APN: NMIL-000035-000002-000126-000020