$1,400,000
SOLD NOV 6, 2020

1231 Bantam Rd Bantam, CT 06750

4 Beds
2 Baths
2,501 Sq Ft
28.4 Acres

Recently Sold

$560 Per Sq Ft

6% Below List Price

68 Days on Market

Highlights

  • 28.4 Acre Lot
  • Cape Cod Architecture
  • 1 Fireplace
  • Center School Rated A-
  • Farm
  • No HOA

About This Home

As of November 2020

Stone Horse Farm currently functions as a state-of-the-art full-service Hunter/Jumper/Equitation equestrian center. Set on 28 acres of pasture and woodland trails with pond access, the newly renovated and expanded facility comprises three barns with a total of thirty 12’×12’ deep beaded cedar wood stalls with black iron doors capped by brass finials, an 14,400-square foot (180’x80’) indoor arena and 27,125-square foot (175’×155’) outdoor arena with new, highest quality polytrack footing, sixteen large 4-board grass paddocks with turnouts, 20 acres of trails, three heated tack rooms, three heated and well-lit wash stalls, and two luxurious full-stocked lounges.
Stone Horse found its name in the abundance of rock cleared from the property and repurposed into the beautiful walls, foundation, and fireplace.
Also included is a 1920 4-bedroom colonial, with wood floors, fireplace, eat-in kitchen, and porch.

Last Agent to Sell the Property

Mark Madonna

William Pitt Sotheby's Int'l License #RES.0798231 Listed on: 07/30/2020

William Pitt Sotheby's Int'l

Co-Listed By

Jeff Phillips

William Pitt Sotheby's Int'l License #RES.0798227

Last Buyer's Agent

Pat Lahoud

William Pitt Sotheby's Int'l License #RES.0767863

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,726

Year Built

  • Built in 1920

Lot Details

  • 28.4 Acre Lot
  • Level Lot
  • Property is zoned RR

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Metal Roof
  • Clap Board Siding

Interior Spaces

  • 2,501 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Center Elementary School
  • Litchfield High School

Farming

  • Farm

Utilities

  • Heating System Uses Propane
  • Private Company Owned Well
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,726

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: Bantam
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 2501
  • Public Record Living Room Sq Ft: 2501
  • Total Sq Ft: 2501
  • Year Built: 1920
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5507
  • Tax Year Updated Dt: 08/03/2020
  • Directions: gps friendly off 202E on right
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Full
  • Appliances: Oven/Range, Refrigerator
  • Attic: No
  • Street Number Modifier: 1231

Exterior Features

  • Exterior Siding: Clapboard
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle, Metal
  • Swimming Pool: No
  • Construction Description: Frame

Utilities

  • Heat Fuel Type: Propane
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Center
  • High School: Litchfield

Lot Info

  • Acres: 28.4000
  • Lot Description: Farm Land, Level Lot, Sloping Lot
  • Zoning: RR

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 6726
  • Total Assessed Value: 242830
  • Mil Rate Base: 27.700
  • Mil Rate Total: 27.700
  • Assessor Parcel Number: 820655

MLS Schools

  • Elementary School: Center
  • High School: Litchfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Nov 5, 2020
Sold by
Farmct Llc
Bought by
Mcgill Studios Llc
Seller's Agent
Mark Madonna
William Pitt Sotheby's Int'l
Buyer's Agent
Pat Lahoud
William Pitt Sotheby's Int'l
List Price
$1,495,000
Sold Price
$1,400,000
Premium/Discount to List
-$95,000
-6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.36%
Original Mortgage
$980,000
Outstanding Balance
$877,547
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$434,453
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $140,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $980,000 Purchase Money Mortgage
Previous Owner $40,000 No Value Available
Previous Owner $460,000 No Value Available
Previous Owner $288,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 For Sale $2,750,000 0.0% $1,100 / Sq Ft
04/20/2022 04/20/22 Rented $3,500 -22.2% --
04/18/2022 04/18/22 Under Contract -- -- --
12/15/2021 12/15/21 Price Changed $4,500 -10.0% $2 / Sq Ft
11/03/2021 11/03/21 For Rent $5,000 0.0% --
11/06/2020 11/06/20 Sold $1,400,000 -6.4% $560 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $1,495,000 -- $598 / 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 $6,752 $337,590 $62,290 $275,300
2024 $6,245 $337,590 $62,290 $275,300
2023 $6,484 $242,830 $56,570 $186,260
2022 $6,508 $242,830 $56,570 $186,260
2021 $6,702 $242,830 $56,570 $186,260
2020 $6,726 $242,830 $56,570 $186,260
2019 $6,848 $242,830 $56,570 $186,260
2018 $6,059 $218,720 $63,380 $155,340
2017 $6,037 $218,720 $63,380 $155,340
2016 $5,840 $218,720 $63,380 $155,340
2015 -- $218,720 $63,380 $155,340
2014 $5,512 $218,720 $63,380 $155,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170321685

SmartMLS

APN: 61 87 36A