NOT LISTED FOR SALE

1940 Boston Post Rd Guilford, CT 06437

Estimated Value: $2,559,575

83 Acres
$30,838 Price per Acre
3,615,480 Sq Ft Lot

Last Sold February 04, 2020

Last sale price $1,500,000 $1,066 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $13,999/month

271 Days on Market

Highlights

  • 83 Acre Lot
  • Wetlands on Lot
  • No HOA
  • E.C. Adams Middle School Rated A
  • Partially Wooded Lot

About This Lot

As of February 2020

Apartment Development Opportunity. 83 acres. Fully approved for 103 residential units. 230 bedrooms. Utilities: Fully approved on-site sewer system, water, gas, and electricity. Exceptional residential development site.

Last Agent to Sell the Property

DeForest Smith

George J Smith & Sons Realtors License #REB.0637800 Listed on: 10/28/2018

Last Buyer's Agent

DeForest Smith

George J Smith & Sons Realtors License #REB.0637800 Listed on: 10/28/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,061

Lot Details

  • 83 Acre Lot
  • Property fronts a state road
  • Partially Wooded Lot
  • Many Trees
  • 103 Lots in the community
  • Property is zoned TS2

Schools

  • Guilford High School

Utilities

  • Gas Available
  • Phone Available

Community Details

Overview

  • No Home Owners Association

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$4,061

Lot Details

83 Acres

Listing Details

  • Property Type: Lots and Land For Sale
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Tax Year Updated Dt: 07/13/2020
  • Directions: I-95, Exit 57, Left on Boston Post Road
  • Special Features: None

Exterior Features

  • Road Frontage Description: State Road

Utilities

  • Water Source: Public Water In Street
  • Sewer: Septic
  • Utilities Available: Electric, Gas, Telephone
  • Septic Approval: Yes
  • Septic Plan Available: Yes

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 83.0000
  • Lot Description: May be Subdividable, Some Wetlands, Lightly Wooded, Rocky, Treed
  • Flood Zone: No
  • Lot Improvements: Approved Subdivision
  • Lots Number Of: 103
  • Zoning: TS2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4061
  • Mil Rate Base: 32.310
  • Assessor Parcel Number: 1118297

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2018
Closed on
Jan 30, 2020
Sold by
Rtrw Llc
Bought by
1940 Boston Post Road Llc
Seller's Agent
DeForest Smith
George J Smith & Sons Realtors
Buyer's Agent
DeForest Smith
George J Smith & Sons Realtors
List Price
$3,250,000
Sold Price
$1,500,000
Premium/Discount to List
-$1,750,000
-53.85%
Current Estimated Value
$2,559,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,059,575
Avg. Annual Appreciation
9.11%
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
1940 Boston Post Road Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2020 02/04/20 Sold $1,500,000 0.0% $1,066 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
07/11/2019 07/11/19 Off Market $1,500,000 -- --
10/28/2018 10/28/18 For Sale $3,250,000 -- $2,310 / Sq Ft
Source: SmartMLS

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 $3,861 $139,650 $139,650 $0
2024 $3,712 $139,650 $139,650 $0
2023 $3,614 $139,650 $139,650 $0
2022 $4,179 $125,680 $125,680 $0
2021 $4,100 $125,680 $125,680 $0
2020 $4,061 $125,680 $125,680 $0
2019 $4,026 $125,680 $125,680 $0
2018 $3,931 $125,680 $125,680 $0
2017 $3,690 $125,680 $125,680 $0
2016 $3,603 $125,680 $125,680 $0
2015 $3,549 $125,680 $125,680 $0
2014 $3,887 $141,750 $141,750 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170140408

SmartMLS

APN: GUIL-000000-000000-079041

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