NOT LISTED FOR SALE

12 Terrace Place Unit 8 New Milford, CT 06776

Estimated Value: $136,000 - $188,000

1 Bed
1 Bath
620 Sq Ft
1968 Built

Last Sold July 31, 2013

Last sale price $44,000 $71 Per Sq Ft

Est. 256% increase in value since last sale

Current estimated payment $1,073/month

88 Days on Market

Highlights

  • Ranch Style House
  • Zoned Heating
  • Baseboard Heating
  • Thermal Windows
  • Ceiling Fan

About This Home

As of July 2013

Charming 1 bedroom unit located walking distance to New Milford Green, theater, library, public transportation and restaurants. Laundry is in the basement with additional locked storage unit in basement. Unit also has additional storage underneath stairs. Unit is located on the first floor of the building. Unit has new windows in living room, bathroom and dining area. New shower casing put in under a year ago. Brand new toilet put in May 2013. Newer stove and refrigerator, also included a portable dishwasher. 1 parking space for unit. One cat is okay but no dogs allowed as per complex rules.

Last Agent to Sell the Property

Christopher Gallo

Gallo Realty License #RES.0787518 Listed on: 03/20/2013

Last Buyer's Agent

Tino Marcal

Marcal Realty LLC License #REB.0788869

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,467

Year Built

  • Built in 1968

Parking

  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Masonry Siding

Interior Spaces

  • 620 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Basement Storage

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • New Milford High School

Utilities

  • Zoned Heating
  • Baseboard Heating

Community Details

Overview

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

Pet Policy

  • 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
  • Unit On Floor Number: 1
  • Public Record Gross Sq Ft: 620
  • Directions: Bennitt St to Terrace Place, Complex on right. Take door B, go down the half flight of steps and #8 on left
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Storage
  • Appliances: Dishwasher, Oven/Range, Refrigerator
  • Laundry Room Location: Basement, Coin
  • Attic: No
  • Street Number Modifier: 12

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Assigned Parking, Off Street Parking

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard, Zoned
  • Heat Fuel Type: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Complex Name: Terrace Place
  • Levels In Unit: 3
  • HOA Fees: 200
  • HOA: Yes

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Zoning: RM

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2013-June 2014
  • Property Tax: 1467
  • Total Assessed Value: 57820
  • Mil Rate Total: 25.370
  • Assessor Parcel Number: 1875746
  • Tax Year Pub Record: 2013

Multi Family

  • Total Num Of Units: 20

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2021
Sold by
Cox Robert R
Bought by
Plazzo Joseph
Current Estimated Value
$156,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Outstanding Balance
$64,543
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$92,063

Purchase Details

Listed on
Mar 20, 2013
Closed on
Aug 30, 2013
Sold by
Ingram Avis M
Bought by
Cox Robert R
Seller's Agent
Christopher Gallo
Gallo Realty
Buyer's Agent
Tino Marcal
Marcal Realty LLC
List Price
$54,000
Sold Price
$44,000
Premium/Discount to List
-$10,000
-18.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.92%
Original Mortgage
$25,000
Interest Rate
3.95%

Purchase Details

Listed on
Mar 20, 2013
Closed on
Aug 1, 2013
Sold by
Darrow Allan D
Bought by
Ingram Avis M
Seller's Agent
Christopher Gallo
Gallo Realty
Buyer's Agent
Tino Marcal
Marcal Realty LLC
List Price
$54,000
Sold Price
$44,000
Premium/Discount to List
-$10,000
-18.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
3.95%

Purchase Details

Closed on
Oct 16, 2008
Sold by
Us Bank Na
Bought by
Darrow Allan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,377
Interest Rate
6.41%
Source: Public Records

Range of Values:

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
Plazzo Joseph $80,000 None Available
Cox Robert R $47,000 --
Ingram Avis M $44,000 --
Darrow Allan $75,150 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plazzo Joseph $72,000
Previous Owner Darrow Allan $25,000
Previous Owner Darrow Allan $74,377
Previous Owner Darrow Allan $84,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2013 07/31/13 Sold $44,000 -18.5% $71 / Sq Ft
07/01/2013 07/01/13 Pending -- -- --
03/20/2013 03/20/13 For Sale $54,000 -- $87 / 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

  • C

    Seller's Agent in 2013

    Christopher Gallo

    Gallo Realty

    Section Image
  • Tino Marcal

    Buyer's Agent in 2013

    Tino Marcal

    Marcal Realty LLC

    (203) 496-6027

    8 in this area

    77 Total Sales

    Tino Marcal
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 99020724

SmartMLS

APN: NMIL-000035-000002-000126-000008

Connecticut Litchfield County New Milford 06776

12 Terrace Place Unit 8, New Milford, CT

This home is located at 12 Terrace Place Unit 8, New Milford, CT 06776 since 20 March 2013 and is currently estimated at $156,606, approximately $252 per square foot. This property was built in 1968. 12 Terrace Place Unit 8 is a home located in Litchfield County with nearby schools including Northville Elementary School, Sarah Noble Intermediate School, and Schaghticoke Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes