NOT LISTED FOR SALE

24 Cobtail Way Simsbury, CT 06070

Estimated Value: $978,000 - $1,464,473

3.51 Acres
$352,372 Price per Acre
152,896 Sq Ft Lot

Last Sold December 02, 2020

Last sale price $160,000

Est. 673% increase in value since last sale

Current estimated payment $9,390/month

451 Days on Market

Highlights

  • 3.51 Acre Lot
  • Secluded Lot
  • Cul-De-Sac
  • Latimer Lane School Rated A
  • Wetlands on Lot
  • Property is near a golf course

About This Lot

As of December 2020

Spectacular Sunsets and panoramic Valley Views from this private lot at the end of the cul-de-sac in one of Simsbury's most sought after neighborhoods. Build your dream home here, and enjoy life in Simsbury, one of the Top Ten towns in America, as voted by MONEY Magazine. Nestled privately on this Talcott Mountain cul-de-sac, this premier building lot is conveniently located, with easy access to Hartford, Bradley International Airport, West Hartford Center, Heublein Tower, Penn State Forest, and the center of Simsbury. Located In the heart of the Farmington Valley, this lot is convenient to many recreational and cultural activities, including hiking, bike trails, kayacking and fishing on the Farmington River. Simsbury Meadows Performing Arts Center hosts outdoor cultural, musical and social activities, and residents are welcome to enjoy recreational facilities at Simsbury Farms, the town's own recreational center offering golf, tennis, a community pool, paddle tennis, and skating.
Welcome to Cobtail Way!

Last Agent to Sell the Property

Pamela Broderick

Coldwell Banker Realty License #RES.0779141 Listed on: 08/09/2019

Coldwell Banker Realty

Last Buyer's Agent

Maris LeBlanc

William Pitt Sotheby's Int'l License #REB.0789226

William Pitt Sotheby's Int'l

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,968

Lot Details

  • 3.51 Acre Lot
  • Cul-De-Sac
  • Secluded Lot
  • Lot Has A Rolling Slope
  • Many Trees

HOA Fees

  • $190 Monthly HOA Fees

Location

  • Property is near a golf course

Schools

  • Latimer Lane Elementary School
  • Henry James Memorial Middle School
  • Simsbury High School

Utilities

  • Gas Available
  • Private Company Owned Well
  • Cable TV Available

Community Details

Overview

  • Association fees include grounds maintenance, property management

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$4,968

Lot Details

0

HOA Fees

$190 per month

Listing Details

  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Park, Private School(s), Public Pool, Public Rec Facilities
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Encumbrances Restrictions: Architect Review, Deed Restrictions, Inland-Wetland Restrictions, Lot Restriction(s), Square Footage Minimums, Style Approval
  • Tax Year Updated Dt: 07/20/2020
  • Directions: Route 185 to Cobtail Way; Lot 24 is at the end of the cul-de-sac at the top of the hill.
  • Special Features: None

Interior Features

  • Street Number Modifier: 24

Exterior Features

  • Road Frontage Description: Municipal Street, Paved Road

Utilities

  • Water Source: Private Well
  • Sewer: Septic, Shared Septic
  • Utilities Available: Electric, Gas, Cable, Underground Required
  • Septic Approval: Yes
  • Septic Plan Available: Yes

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Property Management
  • HOA Fees: 190
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Property Management Type: Professional-Off Site

Schools

  • Elementary School: Latimer Lane
  • High School: Simsbury
  • Intermediate School: Henry James Memorial

Lot Info

  • Acres: 3.5100
  • Lot Description: On Cul-De-Sac, Some Wetlands, Secluded, Rolling, Sloping Lot, Treed
  • Flood Zone: No
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: Residential

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4968
  • Total Assessed Value: 133940
  • Mil Rate Base: 37.090
  • Mil Rate Total: 37.090
  • Assessor Parcel Number: 698995

MLS Schools

  • Elementary School: Latimer Lane
  • High School: Simsbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2019
Closed on
Dec 1, 2020
Sold by
24 Cobtail Way Ret
Bought by
Kernizan Max
Seller's Agent
Pamela Broderick
Coldwell Banker Realty
Buyer's Agent
Maris LeBlanc
William Pitt Sotheby's Int'l
List Price
$295,000
Sold Price
$160,000
Premium/Discount to List
-$135,000
-45.76%
Current Estimated Value
$1,236,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,076,824
Avg. Annual Appreciation
56.46%

Purchase Details

Closed on
Feb 11, 2014
Sold by
Caputo Edward G
Bought by
24 Cobtail Way Ret

Purchase Details

Closed on
Sep 20, 2007
Sold by
Alfa Partners Lp
Bought by
Caputo Edward G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$582,500
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 1998
Sold by
Scursso Michael and Scursso Cynthia
Bought by
Alfa Partners Lp

Purchase Details

Closed on
Apr 15, 1996
Sold by
Mckinlay Betty Jo
Bought by
Scursso Michael and Scursso Cynthia

Purchase Details

Closed on
Aug 2, 1994
Sold by
Fdic
Bought by
Mckinlay Betty Jo
Source: Public Records

Range of Values:

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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
Kernizan Max $160,000 None Available
Kernizan Max $160,000 None Available
24 Cobtail Way Ret -- --
Caputo Edward G $612,500 --
Alfa Partners Lp $235,000 --
Scursso Michael $185,000 --
Mckinlay Betty Jo $117,500 --
24 Cobtail Way Ret -- --
Caputo Edward G $612,500 --
Alfa Partners Lp $235,000 --
Mckinlay Betty Jo $117,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kernizan Max $1,886,400
Previous Owner Mckinlay Betty Jo $110,000
Previous Owner Mckinlay Betty Jo $582,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2020 12/02/20 Sold $160,000 -19.6% --
11/02/2020 11/02/20 Pending -- -- --
07/25/2020 07/25/20 Price Changed $199,000 -20.4% --
02/06/2020 02/06/20 Price Changed $250,000 -15.3% --
08/09/2019 08/09/19 For Sale $295,000 -- --
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 $31,634 $949,690 $145,250 $804,440
2023 $5,876 $184,660 $114,660 $70,000
2022 $5,174 $133,940 $133,940 $0
2021 $5,174 $133,940 $133,940 $0
2020 $4,968 $133,940 $133,940 $0
2019 $4,999 $133,940 $133,940 $0
2018 $5,035 $133,940 $133,940 $0
2017 $6,793 $175,250 $175,250 $0
2016 $6,505 $175,250 $175,250 $0
2015 $6,505 $175,250 $175,250 $0
2014 $6,509 $175,250 $175,250 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170224398

SmartMLS

APN: SIMS-000016H-000110-000010