NOT LISTED FOR SALE

Estimated Value: $1,501,000 - $1,849,000

3 Beds
4 Baths
2,382 Sq Ft
$685/Sq Ft Est. Value

Last Sold June 21, 2022

Last sale price $1,250,000 $525 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $10,107/month

About This Home

Absolutely picture perfect, 221 Third Avenue will delight and surprise you from the moment you step through its signature bright red door. Thoroughly and tastefully renovated from top to bottom, this home has all the space you need to entertain, work and relax. The chef's kitchen features a Wolf 6 burner range, Sub Zero refrigerator, large walk-in pantry and is open to the sunny family room. Working from home is a breeze in the quiet office/den. Retreat upstairs to the primary suite with its cathedral ceiling, custom walk-in closet and spa-like bathroom. There are two other generously sized bedrooms and hall bath. The walk-up attic room offers easy storage. The lower level includes a large playroom/family room, separate office/bedroom, full bath and a bonus wine cellar! Outside, there is a patio for easy entertaining and a flat back yard for playing. Located just steps from the brand-new Hutchinson elementary school and a quick walk to the train station and downtown shops and restaurants.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
Jun 21, 2022
Sold by
Amyn Jivant
Bought by
Schaeffer Marc and Schaeffer Sharon
Seller's Agent
Kristin Bischof
Julia B Fee Sothebys Int. Rlty
Buyer's Agent
Marc Schaeffer
Brown Harris Stevens
List Price
$1,159,000
Sold Price
$1,250,000
Premium/Discount to List
$91,000
7.85%
Current Estimated Value
$1,632,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,017
Avg. Annual Appreciation
7.67%
Original Mortgage
$850,000
Outstanding Balance
$807,570
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$824,447

Purchase Details

Listed on
May 3, 2017
Closed on
Aug 23, 2017
Sold by
Elgie Ross and Eigie Jenny Malone
Bought by
Valliani Anita Farah and Jivani Amyn
Seller's Agent
Holly Mellstrom
Julia B Fee Sothebys Int. Rlty
Buyer's Agent
Kristin Bischof
Julia B Fee Sothebys Int. Rlty
List Price
$828,000
Sold Price
$891,500
Premium/Discount to List
$63,500
7.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%
Original Mortgage
$649,600
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 1997
Sold by
Rosanova Florence
Bought by
Mattesi Joseph and Mattesi Monica
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
Schaeffer Marc $1,250,000 Catic Title
Valliani Anita Farah $891,500 None Available
Mattesi Joseph $200,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaeffer Marc $850,000
Previous Owner Valliani Anita Farah $649,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2022 06/21/22 Sold $1,250,000 +7.9% $525 / Sq Ft View Prior Sale
04/05/2022 04/05/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $1,159,000 +30.0% $487 / Sq Ft
08/23/2017 08/23/17 Sold $891,500 +7.7% $392 / Sq Ft View Prior Sale
05/02/2017 05/02/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $828,000 +13.9% $364 / Sq Ft
05/18/2015 05/18/15 Sold $727,000 +7.7% $319 / Sq Ft View Prior Sale
03/20/2015 03/20/15 Pending -- -- --
02/24/2015 02/24/15 For Sale $675,000 -- $297 / Sq Ft

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 -- $1,325,000 $231,000 $1,094,000
2023 $28,776 $1,250,000 $154,000 $1,096,000
2022 $27,210 $990,000 $154,000 $836,000
2021 $27,078 $900,000 $154,000 $746,000
2020 $26,159 $900,000 $154,000 $746,000
2019 $25,136 $875,000 $154,000 $721,000
2018 $21,743 $800,000 $154,000 $646,000
2017 $3,366 $727,000 $154,000 $573,000
2016 $20,362 $700,000 $154,000 $546,000
2015 -- $635,000 $154,000 $481,000
2014 -- $515,000 $154,000 $361,000
2013 -- $500,000 $154,000 $346,000
Source: Public Records

Agents Affiliated with this Home

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