NOT LISTED FOR SALE

20 Mike Rd Litchfield, CT 06759

Estimated Value: $1,587,000 - $1,952,000

2.03 Acres
$865,838 Price per Acre
88,427 Sq Ft Lot

Last Sold September 04, 2020

Last sale price $110,000 $21 Per Sq Ft

Est. 1,498% increase in value since last sale

Current estimated payment $10,902/month

96 Days on Market

Highlights

  • 2.03 Acre Lot
  • No HOA
  • Open Lot
  • Center School Rated A-
  • Property is near a golf course

About This Lot

As of September 2020

South facing lot on a quiet country road. Located about 4 miles from Litchfield. Property has perc test results and Building Site Development Plan.

Last Agent to Sell the Property

Laurel Galloway

William Pitt Sotheby's Int'l License #RES.0754532 Listed on: 04/26/2020

William Pitt Sotheby's Int'l

Last Buyer's Agent

Dorothy Beckley

D. Beckley Realty License #REB.0789400

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,394

Lot Details

  • 2.03 Acre Lot
  • Open Lot
  • Cleared Lot
  • Property is zoned RR

Location

  • Property is near a golf course

Schools

  • Center Elementary School
  • Litchfield High School

Utilities

  • Well Required
  • Cable TV Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$1,394

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Golf Course, Lake, Medical Facilities, Private School(s), Tennis Courts
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Tax Year Updated Dt: 08/03/2020
  • Directions: Milton Road to Hutchinson Parkway to Mike Road...see sign on left. OR Rt. 202 to Milton Road to Goodhouse Road to right on Mike Road.
  • Special Features: None

Exterior Features

  • Road Frontage Description: Paved Road

Utilities

  • Water Source: Well Required
  • Sewer: Septic Required
  • Utilities Available: Electric Available, Cable Available
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 2.0300
  • Lot Description: Open Lot, Cleared
  • Lot Improvements: Approved Building Lot
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: RR

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 1394
  • Mil Rate Base: 27.700
  • Assessor Parcel Number: 2493509

MLS Schools

  • Elementary School: Center
  • High School: Litchfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2021
Sold by
Willard Kenneth M
Bought by
Willard Kenneth M and Willard Lindsey E
Current Estimated Value
$1,757,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Outstanding Balance
$746,935
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,010,716

Purchase Details

Closed on
Oct 10, 2019
Sold by
Smith Brian D and Smith Mary E
Bought by
Willard Kenneth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$855,000
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2016
Sold by
Us Bank Na
Bought by
Smith Brian and Smith Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,500
Interest Rate
3.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2004
Sold by
Ggm Prtnrs Grp
Bought by
Banks Donald and Banks Cherye

Purchase Details

Closed on
Mar 3, 2004
Sold by
Dohan Richard
Bought by
Ggm Prtnrs
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
Willard Kenneth M -- None Available
Willard Kenneth M -- None Available
Willard Kenneth M -- None Available
Willard Kenneth M $950,000 --
Willard Kenneth M $950,000 --
Smith Brian $775,000 --
Banks Donald $149,000 --
Ggm Prtnrs $150,000 --
Smith Brian $775,000 --
Banks Donald $149,000 --
Ggm Prtnrs $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willard Kenneth M $825,000
Closed Willard Kenneth M $825,000
Previous Owner Ggm Prtnrs $25,000
Previous Owner Willard Kenneth M $855,000
Previous Owner Ggm Prtnrs $542,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2020 09/04/20 Sold $110,000 -24.1% $21 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
06/05/2020 06/05/20 Price Changed $145,000 -14.2% $28 / Sq Ft
04/26/2020 04/26/20 For Sale $169,000 -- $32 / 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 $19,774 $988,710 $113,690 $875,020
2024 $18,291 $988,710 $113,690 $875,020
2023 $18,371 $688,040 $102,300 $585,740
2022 $18,439 $688,040 $102,300 $585,740
2021 $18,990 $688,040 $102,300 $585,740
2020 $19,059 $688,040 $102,300 $585,740
2019 $19,187 $680,380 $102,300 $578,080
2018 $20,292 $732,560 $145,460 $587,100
2017 $20,083 $727,630 $145,460 $582,170
2016 $19,428 $727,630 $145,460 $582,170
2015 -- $727,630 $145,460 $582,170
2014 $18,336 $727,630 $145,460 $582,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170289456

SmartMLS

APN: LITC-000140-000053-000006