NOT LISTED FOR SALE

16 Florence Way Unit 16 Farmington, CT 06032

Estimated Value: $434,119 - $484,000

3 Beds
2.5 Baths
2,893 Sq Ft
$160/Sq Ft Est. Value

Last Sold September 26, 2017

Last sale price $310,000 $107 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,171/month

36 Days on Market

Highlights

  • Deck
  • Attic
  • Thermal Windows
  • West Woods Upper Elementary School Rated A
  • 1 Fireplace
  • 1 Car Attached Garage

About This Home

As of September 2017

This one is THE BEST! Open floor plan, bright and inviting. Attention to detail throughout the unit. Newly refinished lower level is gorgeous.
Bedrooms and baths are spacious and well appointed. Laundry conveniently located on bedroom level. One car attached garage with storage area. 3 bedrooms, 2 1/2 baths, slider to private deck.
Gas fireplace. Best of ALL--Furnace, A/C unit and Hot water heater are new within the last 1-2 years! Private neighborhood with excellent schools.
Extra garage unit for rent across from unit. Basement has wonderfully organized storage areas.
Close to UCONN Medical center, easy access to I84, Rt 72 and Rt 9.

Last Agent to Sell the Property

Margaret Columb

Showcase Realty, Inc. License #REB.0789996 Listed on: 08/11/2017

Showcase Realty, Inc.

Last Buyer's Agent

Madhu Reddy

Reddy Realty, LLC License #REB.0791892

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,383

Year Built

  • Built in 1998

HOA Fees

  • $245 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Thermal Windows
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener

Outdoor Features

  • Deck
  • Rain Gutters

Location

  • Property is near a golf course

Schools

  • Farmington High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Pool table and light above and bar

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, property management, insurance
  • 84 Units
  • Southwest Village Community
  • Property managed by Phoenix Property Mgt

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,383

Year Built

Built in 1998

Lot Details

0

HOA Fees

$245 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 2062
  • Public Record Living Room Sq Ft: 2062
  • Sq Ft Est Heated Below Grade: 831
  • Total Sq Ft: 2893
  • Year Built: 1998
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Private Rec Facilities, Private School(s)
  • Property Sub Type: Condominium
  • Exclusions: Pool table and light above and bar
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Rt 6 turn onto Florence Way in the Southwest Village
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Interior Amenities: Auto Garage Door Opener, Cable - Available
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: Located on bedroom level
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck, Gutters
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Insurance
  • Complex Name: Southwest Village
  • HOA Fees: 245
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Manager Name: Luis Bruno
  • Property Mgt Company Name: Phoenix Property Mgt
  • Property Mgt Phone: 860-282-7733x306

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Zoning: RDM

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 4383
  • Mil Rate Base: 25.780
  • Assessor Parcel Number: 1978169

Multi Family

  • Total Num Of Units: 84

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2017
Closed on
Sep 27, 2017
Sold by
Cresta Michael J and Cresta Kristin K
Bought by
Dodake Sushil and Kadam Deepa P
Seller's Agent
Margaret Columb
Showcase Realty, Inc.
Buyer's Agent
Madhu Reddy
Reddy Realty, LLC
List Price
$309,900
Sold Price
$310,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$461,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,530
Avg. Annual Appreciation
5.04%
Original Mortgage
$279,000
Outstanding Balance
$233,480
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$228,050

Purchase Details

Closed on
Jun 27, 2014
Sold by
Cresta Kristin K
Bought by
Cresta Michael J and Cresta Kristin K

Purchase Details

Closed on
May 23, 2008
Sold by
Barry Michael G
Bought by
Kalar Kristin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,500
Interest Rate
5.94%

Purchase Details

Closed on
Jan 25, 1999
Sold by
Sw Vlg Of Farmington
Bought by
Barry Michael G
Source: Public Records

Range of Values:

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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
Dodake Sushil $310,000 --
Cresta Michael J -- --
Kalar Kristin L $282,000 --
Barry Michael G $164,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dodake Sushil $279,000
Previous Owner Barry Michael G $225,600
Previous Owner Barry Michael G $225,500
Previous Owner Barry Michael G $161,000
Previous Owner Barry Michael G $131,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2017 09/26/17 Sold $310,000 0.0% $107 / Sq Ft
09/16/2017 09/16/17 Pending -- -- --
08/11/2017 08/11/17 For Sale $309,900 -- $107 / 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 $6,123 $230,020 $0 $230,020
2024 $5,854 $230,020 $0 $230,020
2023 $5,569 $230,020 $0 $230,020
2022 $5,611 $191,370 $0 $191,370
2021 $5,513 $191,370 $0 $191,370
2020 $5,353 $191,370 $0 $191,370
2019 $5,353 $191,370 $0 $191,370
2018 $5,201 $191,370 $0 $191,370
2017 $4,536 $170,020 $0 $170,020
2016 $4,383 $170,020 $0 $170,020
2015 $4,252 $170,020 $0 $170,020
2014 $4,155 $170,020 $0 $170,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170004570

SmartMLS

APN: FARM-000000-000043B-005610-000016