NOT LISTED FOR SALE

122 Lower Rd Guilford, CT 06437

Estimated Value: $1,052,000 - $1,606,000

4 Beds
3.5 Baths
5,000 Sq Ft
$282/Sq Ft Est. Value

Last Sold December 05, 2014

Last sale price $1,000,000 $200 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $10,849/month

140 Days on Market

Highlights

  • Ocean Front
  • 1.84 Acre Lot
  • Colonial Architecture
  • E.C. Adams Middle School Rated A
  • Open Floorplan
  • Attic

About This Home

As of December 2014

"Mediteranean colonial" open floor plan.Perfect for entertaining.Mbr suite on 1st fl. Will accomodate in-law/au pair or blended family situations. Form. Dr, 2nd fl bonus rm.3 Car gar.Professionally landscaped.Cul-de-sac short walk to beach. Easy to show.

Last Agent to Sell the Property

Robert Teodosio

William Raveis Real Estate License #REB.0676595 Listed on: 05/11/2013

William Raveis Real Estate

Last Buyer's Agent

Robert Teodosio

William Raveis Real Estate License #REB.0676595 Listed on: 05/11/2013

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,130

Year Built

  • Built in 2004

Lot Details

  • 1.84 Acre Lot
  • Ocean Front
  • Cul-De-Sac
  • Garden

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Stucco Exterior

Interior Spaces

  • 5,000 Sq Ft Home
  • Open Floorplan
  • Central Vacuum
  • 1 Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storage In Attic

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Walking Distance to Water

Schools

  • Guilford Elementary School
  • Adams Middle School
  • Baldwin Middle School
  • GHS High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Underground Utilities
  • Private Company Owned Well
  • Oil Water Heater
  • Cable TV Available

Community Details

  • Association fees include lake/beach access

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,130

Year Built

Built in 2004

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 5000
  • Year Built: 2004
  • In Law Access: First Floor
  • In Law Apartment: Possible
  • Directions: Rte 146 (water st) to mulberry point rd bear right on daniel ave then take right on lower road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Storage Space
  • Basement Description: Full, Unfinished
  • Interior Amenities: Cable - Available, Central Vacuum, Auto Garage Door Opener, Open Floor Plan
  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Range Hood, Washer
  • Laundry Room Location: First Floor
  • Attic: Yes

Exterior Features

  • Exterior Features: Garden Area, Underground Utilities
  • Exterior Siding: Stucco
  • Waterfront Description: Ocean Frontage, Walk to Water
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 3
  • Driveway Type: Asphalt

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access
  • HOA Fees: 250
  • HOA Fee Frequency: Annually

Schools

  • Intermediate School: Baldwin

Lot Info

  • Acres: 1.8400
  • Lot Description: On Cul-De-Sac, Professionally Landscaped

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 23130
  • Assessor Parcel Number: 1120232

MLS Schools

  • Elementary School: Guilford
  • Middle Jr High School: Adams
  • High School: Ghs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2013
Closed on
Dec 10, 2014
Sold by
Martorelli Lenore J
Bought by
Olausson Jan P and Olausson Pamela
Seller's Agent
Robert Teodosio
William Raveis Real Estate
Buyer's Agent
Robert Teodosio
William Raveis Real Estate
List Price
$1,195,000
Sold Price
$1,000,000
Premium/Discount to List
-$195,000
-16.32%
Current Estimated Value
$1,681,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$681,316
Avg. Annual Appreciation
3.14%
Original Mortgage
$800,000
Outstanding Balance
$600,293
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$811,725

Purchase Details

Closed on
Jun 23, 2011
Sold by
Martorelli Joseph Est
Bought by
Martorelli Lenore J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Olausson Jan P $1,000,000 --
Martorelli Lenore J $231,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martorelli Lenore J $800,000
Previous Owner Martorelli Lenore J $350,000
Previous Owner Martorelli Lenore J $200,000
Previous Owner Martorelli Lenore J $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2014 12/05/14 Sold $1,000,000 -16.3% $200 / Sq Ft
09/28/2013 09/28/13 Pending -- -- --
05/11/2013 05/11/13 For Sale $1,195,000 -- $239 / 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 $25,177 $910,560 $381,570 $528,990
2024 $24,203 $910,560 $381,570 $528,990
2023 $23,565 $910,560 $381,570 $528,990
2022 $20,988 $631,210 $281,980 $349,230
2021 $20,590 $631,210 $281,980 $349,230
2020 $20,394 $631,210 $281,980 $349,230
2019 $20,218 $631,210 $281,980 $349,230
2018 $19,744 $631,210 $281,980 $349,230
2017 $17,956 $611,570 $257,790 $353,780
2016 $17,534 $611,570 $257,790 $353,780
2015 $17,271 $611,570 $257,790 $353,780
2014 $16,769 $611,570 $257,790 $353,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: M9140696

SmartMLS

APN: GUIL-001604-000000-000906