NOT LISTED FOR SALE

1655 N Colony Rd Unit 5003 Meriden, CT 06450

Estimated Value: $213,000 - $249,000

2 Beds
2 Baths
1,296 Sq Ft
$182/Sq Ft Est. Value

Last Sold June 06, 2024

Last sale price $189,000 $146 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,792/month

68 Days on Market

About This Home

As of June 2024

Beautiful condominium, part of Lake Ridge Condominium Association conveniently located off the Berlin Turnpike! Convenient access to the Wilbur Cross Pkwy, I-91, and I-691. Beautiful flooring throughout the main and bottom level of the unit. Open floor concept with the kitchen opening up to the living room. Brand new concrete sidewalk/deck/parking lot for the new owner to enjoy. Two full bathrooms, one on the main level, and the other downstairs. Condo fee is $250.00 and loan payment of $40 means monthly carrying cost is only $290 for the HOA despite all these new upgrades in the complex. Move right into this beautiful condo!.

Last Agent to Sell the Property

Alan Barberino

Alan Barberino Real Estate LLC License #REB.0755298 Listed on: 03/01/2024

Last Buyer's Agent

Leo Konopka

LAER Realty Partners License #RES.0827228

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,715

Year Built

  • Built in 1989

HOA Fees

  • $290 Monthly HOA Fees

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,296 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Nathan Hale Elementary School
  • Francis T. Maloney High School

Listing and Financial Details

  • Assessor Parcel Number 1183917

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, property management, pest control, insurance
  • 64 Units
  • Property managed by Alan Barberino Real Estat

Pet Policy

  • Pets Allowed with Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,715

Year Built

Built in 1989

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1296
  • Total Sq Ft: 1296
  • Year Built: 1989
  • New Construction: No/Resale
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Just off Berlin Turnpike Meriden/Berlin border on the west side of the street.
  • Financing Used: Conventional Fixed
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement Description: Full
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Attic: No

Exterior Features

  • Exterior Siding: Wood
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Other
  • Hot Water Description: Other
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Pest Control, Insurance
  • HOA Fees: 290
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Manager Name: Alan Barberino
  • Property Mgt Company Name: Alan Barberino Real Estat
  • Property Mgt Phone: (203) 265-7534
  • Total Number of Units In Complex: Lake Ridge

Lot Info

  • Flood Zone: No
  • Zoning: C-3
  • Parcel #: 1183917

Rental Info

  • Pets Allowed Info: per association's CC&R's
  • Pets Allowed: Restrictions

Multi Family

  • Total Number Of Units: 64

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 2715

MLS Schools

  • Elementary School: Nathan Hale
  • High School: Francis T. Maloney

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Jun 6, 2024
Sold by
Hobbs Michael E
Bought by
Mancarella Joseph
Seller's Agent
Alan Barberino
Alan Barberino Real Estate LLC
Buyer's Agent
Leo Konopka
LAER Realty Partners
List Price
$189,000
Sold Price
$189,000
Views
162
Current Estimated Value
$236,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,496
Avg. Annual Appreciation
16.01%
Original Mortgage
$151,200
Outstanding Balance
$149,194
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$87,302

Purchase Details

Closed on
Sep 20, 2010
Sold by
Fhlmc
Bought by
Hobbs Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
4.51%

Purchase Details

Closed on
Mar 11, 2010
Sold by
Wells Fargo Bk
Bought by
Fhlmc

Purchase Details

Closed on
Jun 30, 1995
Sold by
Lake Ridge Lp
Bought by
Rivera Deborah A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mancarella Joseph $189,000 None Available
Mancarella Joseph $189,000 None Available
Hobbs Michael E $72,000 --
Hobbs Michael E $72,000 --
Fhlmc -- --
Wells Fargo Bk -- --
Wells Fargo Bk -- --
Rivera Deborah A $64,900 --
Rivera Deborah A $64,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mancarella Joseph $151,200
Closed Mancarella Joseph $151,200
Previous Owner Rivera Deborah A $57,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2024 06/06/24 Sold $189,000 0.0% $146 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $189,000 0.0% $146 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $189,000 -- $146 / 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 $3,130 $78,050 $0 $78,050
2024 $2,834 $78,050 $0 $78,050
2023 $2,715 $78,050 $0 $78,050
2022 $2,575 $78,050 $0 $78,050
2021 $2,960 $72,450 $0 $72,450
2020 $2,960 $72,450 $0 $72,450
2019 $2,960 $72,450 $0 $72,450
2018 $2,973 $72,450 $0 $72,450
2017 $2,892 $72,450 $0 $72,450
2016 $3,285 $89,670 $0 $89,670
2015 $3,285 $89,670 $0 $89,670
2014 -- $89,670 $0 $89,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24000340

SmartMLS

APN: MERI-000416-000153-000002-005003