NOT LISTED FOR SALE

181 Sugar St Newtown, CT 06470

Estimated Value: $721,000 - $842,000

5 Beds
4 Baths
3,092 Sq Ft
$250/Sq Ft Est. Value

Last Sold November 03, 2022

Last sale price $650,000 $210 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,016/month

48 Days on Market

Highlights

  • Guest House
  • Cape Cod Architecture
  • No HOA
  • Head O'Meadow Elementary School Rated A
  • 1 Fireplace
  • Laundry Room

About This Home

As of November 2022

Highest and best by 4pm Tuesday, 9/13. Welcome to 181 Sugar Street, a unique property that offers two homes presenting an opportunity not typically available in the marketplace today. The serene setting of this special property is simply stunning and both houses have been reimagined and refurbished by a local craftsman and artist. No detail was overlooked and charm abounds! The current owners have utilized the houses as both investment properties with great rental income and also as a primary residence. House 1 is a three bedroom ranch with an amazing light-filled great room with an airy vaulted ceiling and new Vermont Castings wood-burning stove leading to the sunroom/dining room. The kitchen overlooks the level and private back yard, and the original pot belly stove now serves as a counter. This home also includes two bedrooms plus a third that currently serves as an office, a laundry room, and both a full and half bath. Each room offers access to the exterior and the many quaint areas around the yard including a tree swing and a path through the woods leading to a peaceful clearing with a seating area. House 2 is a two bedroom cape that was completely renovated in 2005 and remains in excellent condition. The main level open floor plan includes a great room with a beamed ceiling, an exposed staircase, and a kitchen with a breakfast bar. Originally know as the "Red Hen", this property is ideal for multi-generational living, an investment property or an owner-occupied home.

Last Agent to Sell the Property

Connie Widmann

William Raveis Real Estate License #RES.0767271 Listed on: 09/01/2022

William Raveis Real Estate

Last Buyer's Agent

Alex Capozzoli

Keller Williams Realty License #RES.0809445

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,770

Year Built

  • Built in 1932

Lot Details

  • 1.58 Acre Lot
  • Stone Wall
  • Level Lot
  • Many Trees
  • Property is zoned R-2

Home Design

  • Cape Cod Architecture
  • Ranch Style House
  • Concrete Foundation
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 3,092 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • Gravel Driveway
  • Off-Street Parking

Schools

  • Head O'meadow Elementary School
  • Newtown Middle School
  • Reed Middle School
  • Newtown High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Shared Well
  • Fuel Tank Located in Basement

Additional Features

  • Guest House
  • Property is near a golf course

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,770

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod, Ranch
  • Sq Ft Est Heated Above Grade: 3092
  • Total Sq Ft: 3092
  • Year Built: 1932
  • Nearby Amenities: Basketball Court, Golf Course, Library, Park, Playground/Tot Lot, Public Rec Facilities, Stables/Riding, Tennis Courts
  • In Law Apartment: Yes
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS Friendly
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 12
  • Total Bedrooms: 5
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Full With Hatchway
  • Appliances: Electric Range, Gas Range, Refrigerator, Dishwasher
  • Additional Rooms: Laundry Room
  • Laundry Room Location: Main level both houses
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 181

Exterior Features

  • Exterior Features: Guest House, Stone Wall
  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Concrete, Slab
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Private, Gravel

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil, Propane
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Shared Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Head O'Meadow
  • Middle School: Newtown
  • High School: Newtown
  • Intermediate School: Reed

Lot Info

  • Acres: 1.5800
  • Lot Description: Level Lot, Treed, Fence - Privacy
  • Zoning: R-2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 8770
  • Total Assessed Value: 252950
  • Mil Rate Base: 34.670
  • Mil Rate Total: 34.670
  • Assessor Parcel Number: 2308512

MLS Schools

  • Elementary School: Head O'Meadow
  • Middle Jr High School: Newtown
  • High School: Newtown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Nov 3, 2022
Sold by
Korth William L and Korth Caroline H
Bought by
Spencer George and Spencer Roberta
Seller's Agent
Connie Widmann
William Raveis Real Estate
Buyer's Agent
Alex Capozzoli
Keller Williams Realty
List Price
$599,000
Sold Price
$650,000
Premium/Discount to List
$51,000
8.51%
Views
155
Current Estimated Value
$773,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,870
Avg. Annual Appreciation
6.20%
Original Mortgage
$520,000
Outstanding Balance
$503,124
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$270,746
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
Spencer George $650,000 None Available
Spencer George $650,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer George $520,000
Closed Spencer George $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2022 11/03/22 Sold $650,000 +8.5% $210 / Sq Ft
09/08/2022 09/08/22 For Sale $599,000 -- $194 / 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 $10,951 $381,020 $72,950 $308,070
2024 $10,276 $381,020 $72,950 $308,070
2023 $9,998 $381,020 $72,950 $308,070
2022 $8,770 $252,950 $67,310 $185,640
2021 $8,764 $252,940 $67,300 $185,640
2020 $8,792 $252,940 $67,300 $185,640
2019 $8,795 $252,940 $67,300 $185,640
2018 $8,661 $252,940 $67,300 $185,640
2017 $6,867 $202,760 $70,130 $132,630
2016 $6,813 $202,760 $70,130 $132,630
2015 $6,705 $202,760 $70,130 $132,630
2014 $6,754 $202,760 $70,130 $132,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170519747

SmartMLS

APN: NEWT-000014-000001-000009