NOT LISTED FOR SALE

16 Founders Way Monroe, CT 06468

Estimated Value: $882,000 - $988,000

5 Beds
2.5 Baths
4,831 Sq Ft
$196/Sq Ft Est. Value

Last Sold July 14, 2020

Last sale price $545,000 $113 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $6,426/month

173 Days on Market

Highlights

  • Above Ground Pool
  • Colonial Architecture
  • Attic
  • Fawn Hollow Elementary School Rated A-
  • Covered Deck
  • 1 Fireplace

About This Home

As of July 2020

Custom built one owner beauty on dead end cul de sac street, close to shopping, town Park and commuter routes. Dramatic two story entry is capped with catwalk separating the master suite from the other 4 upper level bedrooms. Over sized dining area perfect for large family gatherings, formal living room with French glass doors and office which could double as another bedroom. The sunken family room has two story custom windows with palladium caps beautifully framing the floor to ceiling fireplace and is open to the kitchen featuring granite counter tops, center island, desk area, loads of cabintry and two wall ovens. Main level 3 car garage opens into a large utility area which houses washer and dryer and lots more built in cabinetry for multi use/storage. New windows, 6 panel doors throughout, security system, new garage doors, newer pavillion provides outdoor living space near A/G pool which is inserted into pressure treated deck . A beautiful level treed lot tops off the list of great features in this welcoming home!

Last Agent to Sell the Property

Dianne Camella

RE/MAX Right Choice License #RES.0095679 Listed on: 01/03/2020

RE/MAX Right Choice

Last Buyer's Agent

Dianne Camella

RE/MAX Right Choice License #RES.0095679 Listed on: 01/03/2020

RE/MAX Right Choice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,185

Year Built

  • Built in 1994

Lot Details

  • 1 Acre Lot
  • Level Lot
  • Many Trees

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Clap Board Siding

Interior Spaces

  • 1 Fireplace
  • Thermal Windows
  • Mud Room
  • Entrance Foyer
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Driveway

Pool

  • Above Ground Pool
  • Vinyl Pool

Outdoor Features

  • Covered Deck
  • Rain Gutters

Location

  • Property is near a golf course

Schools

  • Monroe Elementary School
  • Jockey Hollow Middle School
  • Masuk High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Oil 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

$14,185

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Neighborhood: Monroe Center
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 4131
  • Public Record Living Room Sq Ft: 4131
  • Sq Ft Est Heated Below Grade: 700
  • Total Sq Ft: 4831
  • Year Built: 1994
  • Nearby Amenities: Golf Course, Health Club, Lake, Library, Medical Facilities, Public Rec Facilities, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Public Record Gross Sq Ft: 7680
  • Tax Year Updated Dt: 07/13/2020
  • Directions: Rt 111 to Town Green, left on Church and right on Founders (or Elm to Lovers to Church to Founders)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full, Partially Finished, Liveable Space
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired, Security System
  • Appliances: Wall Oven, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Mud Room
  • Laundry Room Location: Main Level
  • Attic: Yes
  • Street Number Modifier: 16

Exterior Features

  • Exterior Features: Covered Deck, Deck, Gutters
  • Exterior Siding: Clapboard
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: Yes
  • Pool: Above Ground Pool, Vinyl
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 3
  • Driveway Type: Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 40 Gallon Tank, Oil
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Monroe
  • Middle School: Jockey Hollow
  • High School: Masuk

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 1.0000
  • Lot Description: Level Lot, Treed
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: Residential

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 14185
  • Total Assessed Value: 399800
  • Mil Rate Base: 35.480
  • Mil Rate Total: 35.480
  • Assessor Parcel Number: 175220

MLS Schools

  • Elementary School: Monroe
  • Middle Jr High School: Jockey Hollow
  • High School: Masuk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Jul 13, 2020
Sold by
Omeara Paul and Omeara Donna
Bought by
Diaz Michael and Diaz Devon
Seller's Agent
Dianne Camella
RE/MAX Right Choice
Buyer's Agent
Dianne Camella
RE/MAX Right Choice
List Price
$589,900
Sold Price
$545,000
Premium/Discount to List
-$44,900
-7.61%
Current Estimated Value
$944,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,519
Avg. Annual Appreciation
11.09%
Original Mortgage
$436,000
Outstanding Balance
$386,616
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$557,903

Purchase Details

Closed on
Oct 28, 1994
Sold by
Bienashski David
Bought by
Omeara Paul and Omeara Donna
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
Diaz Michael $545,000 None Available
Diaz Michael $545,000 None Available
Omeara Paul $390,000 --
Omeara Paul $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Michael $436,000
Closed Diaz Michael $436,000
Previous Owner Omeara Paul $50,000
Previous Owner Omeara Paul $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2020 07/14/20 Sold $545,000 -4.4% $113 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
02/09/2020 02/09/20 Price Changed $569,900 -3.4% $118 / Sq Ft
01/03/2020 01/03/20 For Sale $589,900 -- $122 / 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 $17,013 $593,400 $136,500 $456,900
2024 $15,300 $399,800 $118,300 $281,500
2023 $15,012 $399,800 $118,300 $281,500
2022 $14,737 $399,800 $118,300 $281,500
2021 $14,537 $399,800 $118,300 $281,500
2020 $14,185 $399,800 $118,300 $281,500
2019 $14,904 $418,900 $113,800 $305,100
2018 $14,762 $418,900 $113,800 $305,100
2017 $14,980 $418,900 $113,800 $305,100
2016 $14,662 $418,900 $113,800 $305,100
2015 $14,389 $418,900 $113,800 $305,100
2014 $14,008 $451,710 $161,700 $290,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170260252

SmartMLS

APN: MONR-000062-000057-000009