$590,000
SOLD NOV 22, 2013

131 Olmstead Hill Rd Wilton, CT 06897

2.17 Acres
$271,889 Price per Acre
94,525 Sq Ft Lot

Recently Sold

$98 Per Sq Ft

31% Below List Price

1,042 Days on Market

Highlights

  • Water Views
  • Home fronts a pond
  • Corner Lot
  • Miller-Driscoll School Rated A
  • Wetlands on Lot
  • No HOA

About This Lot

As of July 2019

Last Lot Available in Desirable Upscale Subdivision. Prime Location Overlooking Gently Rolling Fields Located In The Heart Of Wilton, Close To Schools, Town And Commuting. Lot Is Turnkey with Town Approved Septic and Building Site. Ready for Construction with Room For Pool. Bring Your Builder And/Or Architect to This Very Special Neighborhood. Last Opportunity!

Last Agent to Sell the Property

Marion Filley

Compass Connecticut, LLC License #RES.0224030 Listed on: 01/11/2011

Compass Connecticut, LLC

Last Buyer's Agent

Ryan Cornell

William Pitt Sotheby's Int'l License #REB.0788872

William Pitt Sotheby's Int'l

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,337

Lot Details

  • 2.17 Acre Lot
  • Home fronts a pond
  • Cul-De-Sac
  • Corner Lot
  • Level Lot
  • 4 Lots in the community
  • Property is zoned R-2

Property Views

  • Water Views

Schools

  • Miller-Driscoll Elementary School
  • Middlebrook School
  • Cider Mill Middle School
  • Wilton High School

Utilities

  • Private Company Owned Well
  • Phone Available

Community Details

Overview

  • No Home Owners Association
  • Olmstead Fields Subdivision

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$7,337

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Public Record Living Room Sq Ft: 1994
  • Property Sub Type: Residential Land
  • Easements Right Of Way: AS PER DEED
  • Present Use: RESIDENTIAL
  • Direct Waterfront: Yes
  • Encumbrances Restrictions: Square Footage Minimums, Style Approval
  • Public Record Gross Sq Ft: 4480
  • Directions: Nod Hill To Olmstead Hill, See Signs At The Top Of The Hill
  • Special Features: None

Interior Features

  • Street Number Modifier: 131

Exterior Features

  • Waterfront Description: Pond, View
  • Swimming Pool: No
  • Road Frontage Description: Cul-De-Sac, Paved Road
  • Road Frontage Approximate: 220

Utilities

  • Water Source: Private Well
  • Sewer: Septic
  • Utilities Available: Electric Available, Phone Available, Underground Required
  • Septic Approval: Yes
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Miller-Driscoll
  • Middle School: Middlebrook
  • High School: Wilton
  • Intermediate School: Cider Mill

Lot Info

  • Acres: 2.1700
  • Lot Description: Corner Lot, Level Lot, Some Wetlands, Fence - Stone
  • Lot Improvements: Lot Staked
  • Lots Number Of: 4
  • Subdividable Ynu: No
  • Zoning: R-2

Tax Info

  • Tax Year: July 2011-June 2012
  • Property Tax: 7337
  • Total Assessed Value: 999999
  • Mil Rate Total: 20.850
  • Assessor Parcel Number: 2615931
  • Tax Year Pub Record: 2011

MLS Schools

  • Elementary School: Miller-Driscoll
  • Middle Jr High School: Middlebrook
  • High School: Wilton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2019
Closed on
Jun 12, 2019
Sold by
Steitz John M and Steitz Susan M
Bought by
Jackson Nicole and Jackson Kevin M
Seller's Agent
Elizabeth Boscaino
Brown Harris Stevens
Buyer's Agent
Marion Filley
Compass Connecticut, LLC
List Price
$2,399,000
Sold Price
$1,875,000
Premium/Discount to List
-$524,000
-21.84%
Current Estimated Value
$2,845,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$970,642
Avg. Annual Appreciation
7.03%
Original Mortgage
$1,312,500
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 7, 2014
Closed on
Aug 5, 2015
Sold by
131 Olmstead Hill Asso
Bought by
Steitz John M and Steitz Susan M
Seller's Agent
Robbie Blosio
William Pitt Sotheby's Int'l
Buyer's Agent
Elizabeth Boscaino
Brown Harris Stevens
List Price
$2,679,000
Sold Price
$2,350,000
Premium/Discount to List
-$329,000
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.56%

Purchase Details

Listed on
Jan 11, 2011
Closed on
Nov 25, 2013
Sold by
Vollmer Scott E and Vollmer Patricia
Bought by
131 Olmstead Hill Asso
Seller's Agent
Marion Filley
Compass Connecticut, LLC
Buyer's Agent
Ryan Cornell
William Pitt Sotheby's Int'l
List Price
$849,999
Sold Price
$590,000
Premium/Discount to List
-$259,999
-30.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
125.46%
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 $1,875,000 --
Warranty Deed $2,350,000 --
Warranty Deed $590,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500,000 Stand Alone Refi Refinance Of Original Loan
Closed $1,312,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2019 07/18/19 Sold $1,875,000 -6.3% $269 / Sq Ft
07/10/2019 07/10/19 Pending -- -- --
04/29/2019 04/29/19 Price Changed $2,000,000 -16.6% $287 / Sq Ft
01/12/2019 01/12/19 For Sale $2,399,000 +2.1% $344 / Sq Ft
08/05/2015 08/05/15 Sold $2,350,000 -12.3% $389 / Sq Ft
07/06/2015 07/06/15 Pending -- -- --
11/07/2014 11/07/14 For Sale $2,679,000 +354.1% $444 / Sq Ft
11/22/2013 11/22/13 Sold $590,000 -30.6% $98 / Sq Ft
10/23/2013 10/23/13 Pending -- -- --
01/11/2011 01/11/11 For Sale $849,999 -- $141 / 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 $44,293 $1,814,540 $341,740 $1,472,800
2024 $43,440 $1,814,540 $341,740 $1,472,800
2023 $42,398 $1,449,000 $326,760 $1,122,240
2022 $40,799 $1,445,220 $326,760 $1,118,460
2021 $40,278 $1,445,220 $326,760 $1,118,460
2020 $39,686 $1,445,220 $326,760 $1,118,460
2019 $41,247 $1,445,220 $326,760 $1,118,460
2018 $40,449 $1,434,860 $343,840 $1,091,020
2017 $39,846 $1,434,860 $343,840 $1,091,020
2016 $39,229 $1,434,860 $343,840 $1,091,020
2015 $25,242 $940,800 $343,840 $596,960
2014 $10,457 $394,450 $394,450 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 98487217

SmartMLS

APN: WILT-000077-000013-000003