NOT LISTED FOR SALE

16 Michael Ln Ledyard, CT 06339

Estimated Value: $293,000 - $349,000

2 Beds
1 Bath
884 Sq Ft
$365/Sq Ft Est. Value

Last Sold May 02, 2013

Last sale price $115,000 $130 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $2,088/month

152 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Attached Garage
  • Level Lot
  • Attic
  • Baseboard Heating

About This Home

As of May 2013

Spacious home with room to expand. Large breezeway. Move in condition. New furnace and oil tank. Generator hookup. Corner lot.

Last Agent to Sell the Property

Betty Dessert

Garden Realty License #RES.0178855 Listed on: 10/10/2012

Last Buyer's Agent

The Bowes Team

RE/MAX on the Bay License #REB.0790080

RE/MAX on the Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,888

Year Built

  • Built in 1949

Lot Details

  • 0.64 Acre Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Aluminum Siding

Interior Spaces

  • 884 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Storage In Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Driveway

Schools

  • Cboe Elementary School
  • Ledyard High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,888

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Total Sq Ft: 884
  • Year Built: 1949
  • Direct Waterfront: No
  • Directions: Avery hill rd. Or cidar mill rd. To michael ln. Ledyard
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic Description: Storage Space
  • Basement Description: Full
  • Interior Amenities: Cable - Available
  • Laundry Room Location: Lower Level
  • Attic: Yes

Exterior Features

  • Exterior Siding: Aluminum
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1
  • Driveway Type: Paved

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Lot Info

  • Acres: 0.6400
  • Lot Description: Level Lot

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 2888
  • Assessor Parcel Number: 1509181

MLS Schools

  • Elementary School: Cboe
  • High School: Ledyard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2012
Closed on
May 3, 2013
Sold by
Morich Robert J and Morich Michael P
Bought by
Beckman Eugene J and Beckman Geraldine H
Seller's Agent
Betty Dessert
Garden Realty
Buyer's Agent
The Bowes Team
RE/MAX on the Bay
List Price
$150,000
Sold Price
$115,000
Premium/Discount to List
-$35,000
-23.33%
Current Estimated Value
$322,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,528
Avg. Annual Appreciation
8.54%
Original Mortgage
$115,000
Outstanding Balance
$81,818
Interest Rate
3.57%
Estimated Equity
$240,710
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
Beckman Eugene J $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beckman Eugene J $115,000
Closed Beckman Eugene J $8,601
Previous Owner Beckman Eugene J $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2013 05/02/13 Sold $115,000 -23.3% $130 / Sq Ft
03/11/2013 03/11/13 Pending -- -- --
10/10/2012 10/10/12 For Sale $150,000 -- $170 / 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 $4,617 $124,320 $46,270 $78,050
2024 $4,377 $124,320 $46,270 $78,050
2023 $4,289 $124,110 $46,270 $77,840
2022 $4,197 $124,110 $46,270 $77,840
2021 $4,170 $124,110 $46,270 $77,840
2020 $3,388 $96,880 $41,650 $55,230
2019 $3,397 $96,880 $41,650 $55,230
2018 $3,322 $96,880 $41,650 $55,230
2017 $3,152 $96,880 $41,650 $55,230
2016 $3,090 $96,880 $41,650 $55,230
2015 $2,945 $96,880 $41,650 $55,230
2014 $3,097 $103,390 $41,650 $61,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: E261649

SmartMLS

APN: LEDY-000002-001580-000016