NOT LISTED FOR SALE

12 Terrace Place Unit 3 New Milford, CT 06776

Estimated Value: $146,000 - $182,000

1 Bed
1 Bath
620 Sq Ft
1968 Built

Last Sold May 31, 2018

Last sale price $69,900 $113 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $1,109/month

191 Days on Market

Highlights

  • City View
  • Ranch Style House
  • Baseboard Heating

About This Home

As of May 2018

Why Rent? 1 Bedroom Ranch style unit in the heart of New Milford. Walk to the Train, Library, Movie Theater and Restaurants. Low taxes & common charges.
. Must Be Owner occupied.
No Investors Per Association.................

Last Agent to Sell the Property

Rick Pinto

Pinto Real Estate Group LLC License #REB.0791423 Listed on: 11/21/2017

Last Buyer's Agent

Mary Ann Bennett

Drakeley Real Estate, Inc. License #RES.0047517

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,492

Year Built

  • Built in 1968

Parking

  • Paved Parking

Home Design

  • Ranch Style House
  • Frame Construction
  • Masonry Siding

Interior Spaces

  • 620 Sq Ft Home
  • City Views
  • Basement Storage
  • Electric Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • New Milford High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil Above Ground
  • Electric Water Heater

Community Details

Overview

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

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,492

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
  • Remarks Public Addendum: Why Rent? 1 Bedroom Ranch style unit in the heart of New Milford. Walk to the Train, Library, Movie Theater and Restaurants. Low taxes & common charges. Must be owner occupied.
  • 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.
  • Special Features: None

Interior Features

  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Storage
  • Appliances: Electric Range, Refrigerator
  • Attic: No
  • Street Number Modifier: 12

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Paved, Assigned Parking

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Complex Name: Terrace Place
  • Levels In Unit: 1
  • HOA Fees: 200
  • HOA: Yes

Schools

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

Lot Info

  • Lot Description: City Views
  • Zoning: Res

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 1492
  • Total Assessed Value: 54740
  • Mil Rate Base: 27.250
  • Mil Rate Total: 27.250
  • Assessor Parcel Number: 1875749

Multi Family

  • Total Num Of Units: 21

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2017
Closed on
May 31, 2018
Sold by
Valencia Carlos and Villamil Ruth
Bought by
Lavacca Vito and Lavacca Lynda
Seller's Agent
Rick Pinto
Pinto Real Estate Group LLC
Buyer's Agent
Mary Ann Bennett
Drakeley Real Estate, Inc.
List Price
$66,900
Sold Price
$69,900
Premium/Discount to List
$3,000
4.48%
Current Estimated Value
$163,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,662
Avg. Annual Appreciation
12.14%

Purchase Details

Closed on
Mar 17, 2004
Sold by
Glass Erik and Glass Heather
Bought by
Villami Ruth and Valencia Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,800
Interest Rate
5.71%

Purchase Details

Closed on
Mar 18, 1997
Sold by
Pelton Steven C and Pelton Elizabeth
Bought by
Glass Erik D and Glass Heather M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
7.38%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Lavacca Vito $66,900 --
Villami Ruth $91,000 --
Glass Erik D $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glass Erik D $49,000
Previous Owner Glass Erik D $72,800
Previous Owner Glass Erik D $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2018 05/31/18 Sold $69,900 0.0% $113 / Sq Ft
05/21/2018 05/21/18 Off Market $69,900 -- --
11/21/2017 11/21/17 For Sale $66,900 -- $108 / 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

  • Rick Pinto

    Seller's Agent in 2018

    Rick Pinto

    Pinto Real Estate Group LLC

    (203) 942-2309

    10 in this area

    73 Total Sales

    Rick Pinto
    Section Image
  • Mary Ann Bennett

    Buyer's Agent in 2018

    Mary Ann Bennett

    Drakeley Real Estate, Inc.

    (203) 206-7048

    1 in this area

    131 Total Sales

    Mary Ann Bennett
    Section Image
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Map

Source: SmartMLS

MLS Number: 170033965

SmartMLS

APN: NMIL-000035-000002-000126-000003

Connecticut Litchfield County New Milford 06776

12 Terrace Place Unit 3, New Milford, CT

This home is located at 12 Terrace Place Unit 3, New Milford, CT 06776 since 21 November 2017 and is currently estimated at $163,562, approximately $263 per square foot. This property was built in 1968. 12 Terrace Place Unit 3 is a home located in Litchfield County with nearby schools including Northville Elementary School, Sarah Noble Intermediate School, and Schaghticoke Middle School.

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