$490,000
SOLD JAN 17, 2019
4 Beds
2.5 Baths
3,207 Sq Ft
1.86 Acres

Recently Sold

$153 Per Sq Ft

11% Below List Price

46 Days on Market

Highlights

  • Water Views
  • Home fronts a pond
  • Attic
  • Miller-Driscoll School Rated A
  • Colonial Architecture
  • 3 Fireplaces

About This Home

As of March 2020

RARE OFFERING IN A BEAUTIFUL SETTING AMIDST 1.86 ACRES - Sited on landscaped acres w/serene pond frontage in the charming Olmstead Hill area of Wilton, this handsome circa 1960 Colonial home is an ideal candidate for a comprehensive restoration to bring it back to its classic elegance, offering recreational options-canoeing, skating in winter & simply enjoying the quietude of a most tranquil setting. The traditional flr plan inclds 4 BR, 2.5 BA, 3 FPL, 2 car att gar, attic & basement. Addtly, an outdoor entertaining area & a charming building that is an extension for entertaining. 1st floor: Spacious & well-lit foyer features a staircase & powder rm. Step-down living rm w/hardwood flrs, fireplace & lg picture window w/views. Adjacent sun rm w/numerous water view windows, beamed ceiling & French doors leads to terrace & party rm. Frml dining rm has wood flrs & raised paneling. Family room boasts a bay window & fplc. Kitchen w/many lg windows/Palladian has side ent to porch, w/potential to expand into family rm offering an opportunity for an exceptionally beautiful renovation. Few steps up from family room is a rec room. 2nd floor:Master BR is a sunny retreat offering a fplc. Bath & closet spaces need redefining to create a most gorgeous master ste. 3 more generous sized bedrms & full bath. ALL OFFERS WILL BE CONSIDERED. Possible rehab financing with 20% DP & monthly pmts between $4600-$4800 to convert this into your dream home. Sold As Is

Last Agent to Sell the Property

Shalini Madaras

Silver Pine Real Estate License #REB.0755688 Listed on: 10/22/2018

Last Buyer's Agent

Mikhail Faifman

William Raveis Real Estate License #REB.0792137

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,103

Year Built

  • Built in 1969

Lot Details

  • 1.86 Acre Lot
  • Home fronts a pond
  • Level Lot
  • Property is zoned R-2

Home Design

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

Interior Spaces

  • 3,207 Sq Ft Home
  • 3 Fireplaces
  • Entrance Foyer
  • Solarium
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic
  • Laundry on main level

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Attached Garage
  • Private Driveway

Schools

  • Miller-Driscoll Elementary School
  • Middlebrook School
  • Cider Mill Middle School
  • Wilton High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil
  • Private Company Owned Well
  • Fuel Tank Located in Basement

Additional Features

  • Patio
  • Property is near shops

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,103

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 3207
  • Public Record Living Room Sq Ft: 3274
  • Total Sq Ft: 3207
  • Year Built: 1969
  • Nearby Amenities: Library, Medical Facilities, Paddle Tennis, Park, Playground/Tot Lot, Public Rec Facilities, Shopping/Mall, Tennis Courts
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 6318
  • Directions: Danbury Road/RT 7 or Nod Hill to Olmstead Hill.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 3
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full, Unfinished
  • Appliances: Electric Range, Dishwasher
  • Additional Rooms: Foyer, Solarium
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 239

Exterior Features

  • Exterior Features: Patio
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, Pond, Access, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Private, Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Miller-Driscoll
  • Middle School: Middlebrook
  • High School: Wilton
  • Intermediate School: Cider Mill

Lot Info

  • Acres: 1.8600
  • Lot Description: Level Lot
  • Zoning: R-2

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 18103
  • Total Assessed Value: 642180
  • Mil Rate Base: 28.190
  • Mil Rate Total: 28.190
  • Assessor Parcel Number: 1924676

MLS Schools

  • Elementary School: Miller-Driscoll
  • Middle Jr High School: Middlebrook
  • High School: Wilton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Mar 9, 2020
Sold by
239 Olmstead Hill Rd Llc
Bought by
Newman Scott and Harris Starlit
Seller's Agent
Mikhail Faifman
William Raveis Real Estate
Buyer's Agent
Maureen McLarin
Century 21 AllPoints Realty
List Price
$925,000
Sold Price
$875,000
Premium/Discount to List
-$50,000
-5.41%
Total Days on Market
46
Current Estimated Value
$1,496,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$621,242
Avg. Annual Appreciation
10.91%
Original Mortgage
$656,250
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 22, 2018
Closed on
Dec 11, 2018
Sold by
Wilmington Svgs Fund Soc
Bought by
239 Olmstead Hill Rd Llc
Seller's Agent
Shalini Madaras
Silver Pine Real Estate
Buyer's Agent
Mikhail Faifman
William Raveis Real Estate
List Price
$549,900
Sold Price
$490,000
Premium/Discount to List
-$59,900
-10.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.56%
Original Mortgage
$525,500
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2018
Sold by
Sterling National Bank
Bought by
Wilmington Svgs Fund S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,500
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2012
Sold by
Palmer Dorothy R
Bought by
Astoria Federal Mtg Co

Purchase Details

Closed on
Nov 23, 1994
Sold by
Hallock Richard and Hallock Anne
Bought by
Palmer D Craig and Palmer Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,100
Interest Rate
6.63%
Mortgage Type
Unknown
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $875,000 None Available
Warranty Deed $490,000 --
Quit Claim Deed -- --
Foreclosure Deed -- --
Warranty Deed $541,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $601,000 Balloon
Closed $656,250 Purchase Money Mortgage
Previous Owner $525,500 Purchase Money Mortgage
Previous Owner $650,000 No Value Available
Previous Owner $406,100 Unknown
Previous Owner $107,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2020 03/10/20 Sold $875,000 -2.7% $267 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
12/04/2019 12/04/19 Price Changed $899,000 -2.8% $275 / Sq Ft
09/12/2019 09/12/19 For Sale $925,000 +88.8% $283 / Sq Ft
01/17/2019 01/17/19 Sold $490,000 -10.9% $153 / Sq Ft
12/07/2018 12/07/18 Pending -- -- --
10/22/2018 10/22/18 For Sale $549,900 -- $171 / 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 $21,291 $889,350 $318,850 $570,500
2023 $19,935 $681,310 $333,970 $347,340
2022 $19,233 $681,310 $333,970 $347,340
2021 $18,988 $681,310 $333,970 $347,340
2020 $18,709 $681,310 $333,970 $347,340
2019 $16,903 $592,270 $333,970 $258,300
2018 $18,103 $642,180 $351,610 $290,570
2017 $17,833 $642,180 $351,610 $290,570
2016 $17,557 $642,180 $351,610 $290,570
2015 $17,230 $642,180 $351,610 $290,570
2014 $17,024 $642,180 $351,610 $290,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170138489

SmartMLS

APN: WILT-000048-000018