NOT LISTED FOR SALE

220 Chestnut Hill Rd Colchester, CT 06415

Estimated Value: $393,000 - $746,000

4 Beds
1 Bath
1,739 Sq Ft
$320/Sq Ft Est. Value

Last Sold February 01, 2019

Last sale price $200,000 $115 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $3,390/month

127 Days on Market

Highlights

  • 44.09 Acre Lot
  • Colonial Architecture
  • Attic
  • William J. Johnston Middle School Rated A-
  • Partially Wooded Lot
  • 3 Fireplaces

About This Home

As of February 2019

An incredible opportunity to subdivide this 44 acre property conveniently located off Route 2. Historical home with 4 Bedrooms and 1 Bath offers lots of potential. The possibilities are endless with this sprawling land at an amazing value!

Last Listed By

Brian Burke

Coldwell Banker Realty License #RES.0780445 Listed on: 07/09/2018

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,829

Year Built

  • Built in 1717

Lot Details

  • 44.09 Acre Lot
  • Partially Wooded Lot
  • Many Trees

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,739 Sq Ft Home
  • 3 Fireplaces
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Parking

  • Gravel Driveway
  • Off-Street Parking

Schools

  • Colchester Elementary School
  • Johnston Middle School
  • Jack Jackter Middle School
  • Bacon Academy High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Hot Water Circulator
  • Oil Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,829

Year Built

Built in 1717

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1739
  • Public Record Living Room Sq Ft: 1739
  • Total Sq Ft: 1739
  • Year Built: 1717
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3529
  • Directions: Route 2 to exit 21
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 3
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Hatchway
  • Attic: Yes
  • Street Number Modifier: 220

Exterior Features

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

Garage/Parking

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

Utilities

  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Colchester
  • Middle School: Johnston
  • High School: Bacon Academy
  • Intermediate School: Jack Jackter

Lot Info

  • Acres: 44.0900
  • Lot Description: May be Subdividable, Lightly Wooded, Treed
  • Zoning: RES

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 4829
  • Total Assessed Value: 152210
  • Mil Rate Base: 32.370
  • Mil Rate Total: 32.370
  • Assessor Parcel Number: 2336669

MLS Schools

  • Elementary School: Colchester
  • Middle Jr High School: Johnston
  • High School: Bacon Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2024
Sold by
Testa Dev Associates Llc
Bought by
Testa Sebastian and Testa Nancy E
Total Days on Market
127
Current Estimated Value
$556,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$199,140
Interest Rate
5.63%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$357,463

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
Testa Sebastian $725,000 None Available
Testa Dev Associates Llc $65,000 None Available
Testa Sebastian $725,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Testa Sebastian $200,000
Closed Testa Sebastian $200,000
Previous Owner Chestnut Hill Dev Llc $1,000,000
Previous Owner Chestnut Hill Development $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2019 02/01/19 Sold $200,000 -20.0% $115 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
10/29/2018 10/29/18 Price Changed $250,000 -9.1% $144 / Sq Ft
07/09/2018 07/09/18 For Sale $275,000 -- $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
2024 $3,283 $114,500 $41,000 $73,500
2023 $3,117 $114,500 $41,000 $73,500
2022 $3,101 $114,500 $41,000 $73,500
2021 $4,545 $138,400 $41,000 $97,400
2020 $5,905 $179,800 $82,400 $97,400
2019 $4,999 $152,210 $54,810 $97,400
2018 $4,913 $152,210 $54,810 $97,400
2017 $4,927 $152,210 $54,810 $97,400
2016 $4,917 $159,090 $63,790 $95,300
2015 $4,894 $159,090 $63,790 $95,300
2014 $4,863 $159,090 $63,790 $95,300
Source: Public Records

Agents Affiliated with this Home

  • Brian Burke

    Seller's Agent in 2019

    Brian Burke

    Coldwell Banker Realty

    (860) 798-3272

    222 Total Sales

    Brian Burke
    Section Image

  • R

    Buyer's Agent in 2019

    Roderic McCorrison

    McCorrison DW Fish Real Estate

    (860) 823-7717

    4 in this area

    47 Total Sales

    Roderic McCorrison
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170102994

SmartMLS

APN: COLC-000004E-000005-000003

Connecticut New London County Colchester 06415

220 Chestnut Hill Rd, Colchester, CT

Homes for Sale in Colchester, CT

This home is located at 220 Chestnut Hill Rd, Colchester, CT 06415 since 09 July 2018 and is currently estimated at $556,603, approximately $320 per square foot. This property was built in 1717. 220 Chestnut Hill Rd is a home located in New London County with nearby schools including Colchester Elementary School, Jack Jackter Intermediate School, and William J. Johnston Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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