$422,000
SOLD OCT 31, 2024

201 Folly Ln Coventry, CT 06238

4 Beds
2.5 Baths
2,718 Sq Ft
11.99 Acres

Recently Sold

$155 Per Sq Ft

6% Above List Price

4 Days on Market

Highlights

  • Waterfront
  • 11.99 Acre Lot
  • Attic
  • George Hersey Robertson School Rated A-
  • Colonial Architecture
  • 2 Fireplaces

About This Home

As of October 2024

***MULTIPLE OFFERS. HIGHEST & BEST OFFERS DUE BY TUES 9-17 AT 5PM.*** Incredible Opportunity to own 11.9 acres in North Coventry with 2 ponds, 2 waterfalls and fields for you to cultivate your dreams! This 4 bedroom, 2.5 bath colonial has 9 rooms and an enclosed front porch that looks out at the pond. The front to back kitchen with stainless steel appliances has bold unobstructed views of the pond from the dining area. The large living room with fireplace and picture frame wood work is open to the dining room which has sliders to the back yard. A home office is located in between the Great room and the living room. Beyond the living room is a huge great room with vaulted ceiling, exposed beams, wood stove, built in bar, cabinets and shelving. The great room has doors leading to the enclosed porch and a door leading to the back yard. On the upper level are 4 bedrooms with hardwood floors. Trails lead around the ponds to the waterfalls. The running water can be heard from the yard and inside the house with windows open. The level fields might be a perfect place for a barn & horses. This home is waiting for you to bring your ideas for updates and return it to its glory. The attached 2 car garage & a garage door into the basement make this ideal for anyone who needs to store equipment. This property borders the Skungamaug River Golf Course (17th and 18th holes) AFRICANO POND is registered class A dam #201027. Contract must say "AS-IS" and "SUBJECT TO PROBATE COURT APPROVAL

Last Agent to Sell the Property

Cheri Trudon

ERA Blanchard & Rossetto License #RES.0750406 Listed on: 09/10/2024

ERA Blanchard & Rossetto

Last Buyer's Agent

Chelsea Greene

CR Premier Properties License #RES.0831170

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,367

Year Built

  • Built in 1968

Lot Details

  • 11.99 Acre Lot
  • Waterfront
  • Garden
  • Property is zoned R/A

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Clap Board Siding
  • Cedar Siding

Interior Spaces

  • 2,718 Sq Ft Home
  • 2 Fireplaces
  • Concrete Flooring
  • Walkup Attic
  • Laundry on lower level

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Schools

  • Coventry Grammar Elementary School
  • Nathan Hale Middle School
  • Robertson Middle School
  • Coventry High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Private Company Owned Well
  • Hot Water Circulator
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Additional Features

  • Rain Gutters
  • Property is near a golf course

Listing and Financial Details

  • Assessor Parcel Number 1607917

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,367

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Neighborhood: Coventry
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2718
  • Total Sq Ft: 2718
  • Year Built: 1968
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Health Club, Lake, Library, Medical Facilities, Park, Putting Green, Stables/Riding
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Directions: North River to Folly Lane, first driveway on right. OR Goose Lane to Folly Lane, driveway on left.
  • Financing Used: Withheld
  • Street Type: Lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Walk-up
  • Basement Description: Full, Unfinished, Interior Access, Concrete Floor, Full With Walk-Out
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 201

Exterior Features

  • Exterior Features: Gutters, Garden Area
  • Exterior Siding: Clapboard, Cedar
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Pond Brook Walk to Water View Access
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: None
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil, Upright Tank
  • Water Source: Private Well
  • Sewer: Septic

Schools

  • Elementary School: Coventry Grammar
  • Middle School: Nathan Hale
  • High School: Coventry
  • Intermediate School: Robertson

Lot Info

  • Acres: 11.99
  • Lot Description: Secluded Golf Course Frontage Treed Level Lot Golf Course View Water View
  • Zoning: R/A
  • Parcel #: 1607917

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 8367
  • Total Assessed Value: 251200
  • Mil Rate Total: 33.31

MLS Schools

  • Elementary School: Coventry Grammar
  • Middle Jr High School: Nathan Hale
  • High School: Coventry

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2024
Closed on
Oct 31, 2024
Sold by
Jeal Judith E
Bought by
Mchugh Sean and Carlson Amy
Seller's Agent
Cheri Trudon
ERA Blanchard & Rossetto
Buyer's Agent
Chelsea Greene
CR Premier Properties
List Price
$399,900
Sold Price
$422,000
Premium/Discount to List
$22,100
5.53%
Views
78
Current Estimated Value
$467,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,830
Avg. Annual Appreciation
13.87%
Original Mortgage
$272,000
Outstanding Balance
$270,653
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$189,120

Purchase Details

Closed on
Aug 17, 1992
Sold by
Georgejones
Bought by
Jeal Robert and Jeal Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
8.26%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $422,000 None Available
Warranty Deed $422,000 None Available
Warranty Deed $320,000 --
Warranty Deed $320,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $272,000 Purchase Money Mortgage
Closed $272,000 Purchase Money Mortgage
Previous Owner $244,250 No Value Available
Previous Owner $230,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $422,000 +5.5% $155 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
09/14/2024 09/14/24 For Sale $399,900 -- $147 / 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
2024 $8,367 $251,200 $86,100 $165,100
2023 $7,973 $251,200 $86,100 $165,100
2022 $7,825 $251,200 $86,100 $165,100
2021 $7,825 $251,200 $86,100 $165,100
2020 $7,830 $251,200 $86,100 $165,100
2019 $8,089 $251,200 $86,100 $165,100
2018 $7,522 $233,600 $87,100 $146,500
2017 $7,475 $233,600 $87,100 $146,500
2016 $7,288 $233,600 $87,100 $146,500
2015 $7,288 $233,600 $87,100 $146,500
2014 $7,385 $259,400 $111,700 $147,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24045770

SmartMLS

APN: COVE-000005-000026-A000000-000004