NOT LISTED FOR SALE

2 Richard Ln Prospect, CT 06712

Estimated Value: $334,000 - $373,430

2 Beds
1.5 Baths
1,360 Sq Ft
$260/Sq Ft Est. Value

Last Sold October 21, 2019

Last sale price $194,000 $143 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,277/month

127 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Attached Garage
  • Central Air
  • No HOA
  • Home fronts a stream
  • Level Lot

About This Home

As of October 2019

Cute 2 bedroom, 1.5 bath ranch located on quiet street with 1 car garage. Great starter home or downsize opportunity. Home features hardwood flooring, central air and partially finished basement! Owner upgrades include: central air, propane forced air heat, siding & gutters, replaced garage door, updated carpet and tile in basement and newer well pump. Great location convenient to Rt 69 and I-84.

Last Agent to Sell the Property

Al Monbaron

Century 21 AllPoints Realty License #REB.0758108 Listed on: 05/01/2019

Century 21 AllPoints Realty

Last Buyer's Agent

Mark Tavares

Mark Tavares Realty, LLC License #REB.0791465

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,612

Year Built

  • Built in 1957

Lot Details

  • 0.92 Acre Lot
  • Home fronts a stream
  • Level Lot
  • Property is zoned RA-1

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Private Company Owned Well

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,612

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 960
  • Public Record Living Room Sq Ft: 960
  • Sq Ft Est Heated Below Grade: 400
  • Total Sq Ft: 1360
  • Year Built: 1957
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1920
  • Tax Year Updated Dt: 08/05/2019
  • Directions: Waterbury Road (Rt 69) to Knapp Drive to Richard Lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement Description: Full
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Lower Level
  • Attic: No

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Brook
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.9200
  • Lot Description: Level Lot
  • Zoning: RA-1

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 4612
  • Mil Rate Base: 30.950
  • Assessor Parcel Number: 1313688

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2019
Closed on
Oct 21, 2019
Sold by
Otoole Eric D and Otoole Megan L
Bought by
Gregorio Badale and Gregorio Stephanie
Seller's Agent
Al Monbaron
Century 21 AllPoints Realty
Buyer's Agent
Mark Tavares
Mark Tavares Realty, LLC
List Price
$214,900
Sold Price
$194,000
Premium/Discount to List
-$20,900
-9.73%
Current Estimated Value
$353,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,608
Avg. Annual Appreciation
10.15%
Original Mortgage
$198,656
Outstanding Balance
$173,675
Interest Rate
3.4%
Mortgage Type
FHA
Estimated Equity
$179,933

Purchase Details

Closed on
Jun 15, 2010
Sold by
Odonald William E
Bought by
Otoole Eric D and Erickson Megan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,250
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 2003
Sold by
Mcdonough Michael A and Mcdonough Heather
Bought by
Donald William E O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,100
Interest Rate
5.77%

Purchase Details

Closed on
Dec 30, 1991
Sold by
Burns James J
Bought by
Mcdonough Michael 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
Gregorio Badale $194,000 --
Otoole Eric D $202,000 --
Donald William E O $179,000 --
Mcdonough Michael A $113,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gregorio Badale $198,656
Previous Owner Mcdonough Michael A $194,364
Previous Owner Mcdonough Michael A $199,250
Previous Owner Mcdonough Michael A $161,100
Previous Owner Mcdonough Michael A $139,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2019 10/21/19 Sold $194,000 -3.0% $143 / Sq Ft
09/05/2019 09/05/19 Pending -- -- --
08/22/2019 08/22/19 Price Changed $199,900 -3.8% $147 / Sq Ft
08/15/2019 08/15/19 Price Changed $207,900 -1.0% $153 / Sq Ft
06/03/2019 06/03/19 Price Changed $209,900 -2.3% $154 / Sq Ft
05/01/2019 05/01/19 For Sale $214,900 -- $158 / 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 $5,139 $200,970 $82,320 $118,650
2024 $4,847 $150,820 $82,320 $68,500
2023 $4,814 $150,820 $82,320 $68,500
2022 $4,819 $150,820 $82,320 $68,500
2021 $4,871 $150,820 $82,320 $68,500
2020 $4,708 $149,000 $82,320 $66,680
2019 $4,612 $149,000 $82,320 $66,680
2018 $4,619 $149,000 $82,320 $66,680
2017 $4,656 $149,000 $82,320 $66,680
2016 $4,457 $149,000 $82,320 $66,680
2015 $4,288 $146,710 $82,320 $64,390
2014 $4,252 $146,710 $82,320 $64,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170190328

SmartMLS

APN: PROS-000109-000119-000002