NOT LISTED FOR SALE

1432 Farmington Ave Farmington, CT 06032

Estimated Value: $184,790 - $208,000

0.46 Acre
$426,946 Price per Acre
20,038 Sq Ft Lot

Last Sold May 11, 2022

Last sale price $150,000 $114 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,339/month

286 Days on Market

Highlights

  • Corner Lot
  • Union School Rated A
  • No HOA

About This Lot

As of May 2022

B1 Zone on the Corner of Rt4. Ground. Documents upon request. Property is ready to be developed.

Last Agent to Sell the Property

Vincent Verrillo

Berkshire Hathaway NE Prop. License #REB.0789568 Listed on: 07/06/2021

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Linda O'Hara

William Raveis Real Estate License #RES.0063231

William Raveis Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,961

Lot Details

  • 0.46 Acre Lot
  • Property fronts a highway
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned R20

Schools

  • Farmington High School

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$3,961

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Property Sub Type: Commercial Land
  • Direct Waterfront: No
  • Tax Year Updated Dt: 07/19/2021
  • Directions: 1432 Farmington Ave. Next to Subway
  • Special Features: None

Exterior Features

  • Road Frontage Description: U.S. Highway, State Road, Municipal Street

Utilities

  • Water Source: Public Water In Street
  • Sewer: Public Sewer In Street
  • Utilities Available: Electric Available
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.4600
  • Lot Description: Cleared, Corner Lot, Level Lot
  • Lots Number Of: 1
  • Zoning: R20

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 3961
  • Mil Rate Base: 28.810
  • Assessor Parcel Number: 1986613

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
May 9, 2022
Sold by
Copvaitic Properties Llc
Bought by
Wnt 2 Property Llc
Seller's Agent
Vincent Verrillo
Berkshire Hathaway NE Prop.
Buyer's Agent
Linda O'Hara
William Raveis Real Estate
List Price
$179,000
Sold Price
$150,000
Premium/Discount to List
-$29,000
-16.2%
Current Estimated Value
$196,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,395
Avg. Annual Appreciation
7.86%

Purchase Details

Closed on
Jan 7, 2013
Sold by
Mortgage Line Of Ct Ll
Bought by
Copvaitic Props Llc

Purchase Details

Closed on
Nov 8, 2010
Sold by
Presutti Carol P
Bought by
Mortgage Line Of Ct Ll

Purchase Details

Closed on
Nov 17, 2004
Sold by
Tauro Lawrence A and Tauro Christine M
Bought by
Presutti Carol P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
5.8%
Mortgage Type
Commercial
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
Wnt 2 Property Llc $150,000 None Available
Copvaitic Props Llc -- --
Mortgage Line Of Ct Ll -- --
Presutti Carol P $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Presutti Carol P $25,375
Previous Owner Presutti Carol P $142,500
Previous Owner Presutti Carol P $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2022 05/11/22 Sold $150,000 -16.2% $114 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
07/06/2021 07/06/21 For Sale $179,000 -- $136 / 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 $3,660 $137,480 $137,480 $0
2024 $3,499 $137,480 $137,480 $0
2023 $3,328 $137,480 $137,480 $0
2022 $4,031 $137,490 $137,490 $0
2021 $3,961 $137,490 $137,490 $0
2020 $3,846 $137,490 $137,490 $0
2019 $3,846 $137,490 $137,490 $0
2018 $5,684 $209,110 $137,500 $71,610
2017 $5,568 $208,680 $72,450 $136,230
2016 $5,380 $208,680 $72,450 $136,230
2015 $5,219 $208,680 $72,450 $136,230
2014 $5,100 $208,680 $157,500 $51,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170417091

SmartMLS

APN: FARM-000036-000048-000635-001432