NOT LISTED FOR SALE

1240 Bantam Rd Bantam, CT 06750

Estimated Value: $437,000 - $469,648

3 Beds
1.5 Baths
1,698 Sq Ft
$265/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $260,000 $153 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,794/month

107 Days on Market

Highlights

  • 3.95 Acre Lot
  • Colonial Architecture
  • Attic
  • Center School Rated A-
  • Partially Wooded Lot
  • 1 Fireplace

About This Home

As of July 2020

Authentic 1742 Salt Box style home with just under 4 acres. There are 3 bedrooms and 1 and 1/2 baths. The back yard is open with a large, level, meadow-like area. This historic home features wide board flooring, exposed beams and a central fireplace. Mechanically and structurally sound with a roof replacement in 2014! Very well maintained home which includes updated electrical and central air. This home has been updated to today's modern conveniences, yet has retained it's historical beauty! Located just minutes from the center of Bantam and Litchfield providing easy access to enjoy all of NWCT's hiking, biking, fishing, tennis & golf!

Last Agent to Sell the Property

Marcus Santore

Marrin Santore Realty LLC License #REB.0791236 Listed on: 02/07/2020

Last Buyer's Agent

Marie Pelaccia

First Equity Real Estate & Appraisals, LLC License #RES.0767440

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,079

Year Built

  • Built in 1742

Lot Details

  • 3.95 Acre Lot
  • Open Lot
  • Sloped Lot
  • Partially Wooded Lot
  • Property is zoned RR

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,698 Sq Ft Home
  • 1 Fireplace
  • Concrete Flooring
  • Walkup Attic

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Gravel Driveway

Outdoor Features

  • Patio
  • Shed

Location

  • Property is near a golf course

Schools

  • Center Elementary School
  • Litchfield High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Private Company Owned Well
  • Electric Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,079

Year Built

Built in 1742

Lot Details

0

Listing Details

  • Neighborhood: Bantam
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1698
  • Public Record Living Room Sq Ft: 1698
  • Total Sq Ft: 1698
  • Year Built: 1742
  • Nearby Amenities: Golf Course, Health Club, Lake, Library, Medical Facilities, Park, Private School(s)
  • Remarks Public Addendum: There are two lots involved. The taxes reflect both parcels.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3360
  • Tax Year Updated Dt: 02/07/2020
  • Directions: Heading out from Bantam Center property is on the Right just before Gooseboro Restaurant
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Walk-up
  • Basement Description: Full With Walk-Out, Concrete Floor
  • Interior Amenities: Cable - Available
  • Appliances: Gas Range, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Attic: Yes

Exterior Features

  • Exterior Features: Patio, Shed
  • Exterior Siding: Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Under House Garage
  • Garages Number: 1
  • Driveway Type: Asphalt, Gravel

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • 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

Lot Info

  • Acres: 3.9500
  • Lot Description: Open Lot, Lightly Wooded, Sloping Lot, Fence - Stone
  • Flood Zone: No
  • Zoning: RR

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 5079
  • Mil Rate Base: 28.200
  • Assessor Parcel Number: 821631

MLS Schools

  • Elementary School: Center
  • High School: Litchfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2024
Sold by
Mcelroy Dale
Bought by
Burns Kerry E
Current Estimated Value
$450,662

Purchase Details

Closed on
Jan 29, 2024
Sold by
Mcelroy Dale
Bought by
Burns Kerry E

Purchase Details

Listed on
Feb 7, 2020
Closed on
Jul 22, 2020
Sold by
Costa Caitlin and Quadrino James
Bought by
Burns Kerry and Mcelroy Dale
Seller's Agent
Marcus Santore
Marrin Santore Realty LLC
Buyer's Agent
Marie Pelaccia
First Equity Real Estate & Appraisals, LLC
List Price
$290,000
Sold Price
$260,000
Premium/Discount to List
-$30,000
-10.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.76%
Original Mortgage
$234,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 16, 2017
Closed on
Aug 3, 2017
Sold by
Weiser Kathy
Bought by
Quadrino James A and Costa Caitlin E
Seller's Agent
Kim D'Andrea
William Pitt Sotheby's Int'l
Buyer's Agent
Joyce Gibson
Century 21 AllPoints Realty
List Price
$287,000
Sold Price
$260,000
Premium/Discount to List
-$27,000
-9.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$208,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2002
Sold by
Creighton Kenneth
Bought by
Weiser Kathy

Purchase Details

Closed on
Apr 30, 1999
Sold by
Clem Edna Est and Clem
Bought by
Creighton Kenneth and Creighton Susan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Burns Kerry E -- None Available
Burns Kerry E -- None Available
Burns Kerry $260,000 None Available
Quadrino James A $260,000 --
Weiser Kathy $233,000 --
Creighton Kenneth $154,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burns Kerry $234,000
Previous Owner Creighton Kenneth $208,000
Previous Owner Creighton Kenneth $255,000
Previous Owner Creighton Kenneth $237,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2020 07/24/20 Sold $260,000 -3.3% $153 / Sq Ft
05/24/2020 05/24/20 Pending -- -- --
05/13/2020 05/13/20 Price Changed $269,000 -1.8% $158 / Sq Ft
04/22/2020 04/22/20 Price Changed $274,000 -5.5% $161 / Sq Ft
02/07/2020 02/07/20 For Sale $290,000 +11.5% $171 / Sq Ft
08/02/2017 08/02/17 Sold $260,000 -6.1% $153 / Sq Ft View Prior Sale
05/01/2017 05/01/17 Price Changed $277,000 -3.5% $163 / Sq Ft
02/16/2017 02/16/17 For Sale $287,000 -- $169 / 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 $5,159 $257,940 $66,320 $191,620
2024 $4,772 $257,940 $66,320 $191,620
2023 $4,530 $169,650 $60,130 $109,520
2022 $4,547 $169,650 $60,130 $109,520
2021 $289 $169,650 $60,130 $109,520
2020 $4,699 $169,650 $60,130 $109,520
2019 $4,784 $169,650 $60,130 $109,520
2018 $4,802 $173,350 $67,180 $106,170
2017 $4,784 $173,350 $67,180 $106,170
2016 $4,628 $173,350 $67,180 $106,170
2015 -- $173,350 $67,180 $106,170
2014 $4,368 $173,350 $67,180 $106,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170270409

SmartMLS

APN: LITC-000081-000084-000008