NOT LISTED FOR SALE

240 Lakes Rd Bethlehem, CT 06751

Estimated Value: $537,000 - $627,000

3 Beds
2 Baths
1,785 Sq Ft
$323/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $445,000 $249 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,612/month

125 Days on Market

Highlights

  • Barn
  • In Ground Pool
  • Cape Cod Architecture
  • Paddocks
  • 3.95 Acre Lot
  • Farm

About This Home

As of January 2022

Singular Opportunity to Own a "Post Card Perfection" Vintage Horse Property on Four Gorgeous Acres in Rural Bethlehem!
The 1930's Cape was Entirely Rebuilt in 1975, has Been Meticulously Maintained, and "Never" Been out of the Same Family!
The Custom Built and Insulated 32'X36' 5-Stall Capacity Barn has 10X12 Stalls w Natural Footing, Tack Room, Hay Storage in the Mow Above, and
Electric and Water, plus there is approximately 680 Running Feet of Pressure Treated Post and Rail Perimeter Fencing which Encloses Lovely Grassed Pastures. Directly behind the Main House can be Found a Beautifully Maintained 800 SF Vinyl Inground Pool w Solar and Winter Covers. From the Pool Area there is an Oversized Stone Paver Patio which Accesses 638 Sf of Wrap Around Decks w Pergola, Automated Awning, and a Screened Porch. The 2-Car Garage was Converted to a Spacious Office Suite, but could handily be Converted to an Independently Situated add Oversized BR. Elec Cost for this "Singular One of a Kind" Property is Virtually Offset by a Functioning Solar Energy System. Additional Amenities Include: Fieldstone FP Rebuilt in 2018, New Andersen Tilt Thermopane Windows Throughout, Interior/Exterior Repaint in 2016 and 2020, Updating of Both Baths, and New Above Ground Oil Tank. The Landscaping and Gardens are Breathtaking, and Fully Support the Aesthetic Appeal of this Pastoral Sanctuary where Peace and Privacy Prevail!

Last Agent to Sell the Property

Janice Cashell

Coldwell Banker Realty License #RES.0108047 Listed on: 09/07/2021

Coldwell Banker Realty

Last Buyer's Agent

Nicole Mangione

Showcase Realty, Inc. License #RES.0810341

Showcase Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,770

Year Built

  • Built in 1936

Lot Details

  • 3.95 Acre Lot
  • Level Lot
  • Open Lot
  • Partially Wooded Lot

Home Design

  • Cape Cod Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Ridge Vents on the Roof
  • Aluminum Siding

Interior Spaces

  • 1,785 Sq Ft Home
  • Whole House Fan
  • 1 Fireplace
  • Awning
  • Bonus Room
  • Screened Porch
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Insulation
  • Pre-Wired For Photovoltaic Solar
  • Heating system powered by active solar

Pool

  • In Ground Pool
  • Fence Around Pool
  • Pool has a Solar Cover
  • Vinyl Pool

Outdoor Features

  • Wrap Around Balcony
  • Patio
  • Exterior Lighting
  • Shed

Schools

  • Bethlehem Elementary School

Farming

  • Barn
  • Farm

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Oil
  • Programmable Thermostat
  • Power Generator
  • Private Company Owned Well
  • Fuel Tank Located in Basement
  • Cable TV Available

Additional Features

  • Property is near shops
  • Paddocks

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,770

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1785
  • Public Record Living Room Sq Ft: 1785
  • Total Sq Ft: 1785
  • Year Built: 1936
  • Nearby Amenities: Health Club, Lake, Library, Medical Facilities, Park, Playground/Tot Lot, Private School(s), Shopping/Mall
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3530
  • Directions: Rt 61 (Main Street Bethlehem) to N End of Town just Before "Fair Grounds". Right onto Lakes Road to #240 on Left. Look for Sign!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full With Hatchway
  • Interior Amenities: Cable - Available
  • Appliances: Gas Range, Microwave, Refrigerator, Washer, Dryer
  • Additional Rooms: Bonus Room
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 240

Exterior Features

  • Exterior Features: Awnings, Barn, Lighting, Paddock, Patio, Porch-Screened, Shed, Wrap Around Deck
  • Exterior Siding: Aluminum
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: Yes
  • Pool: In Ground Pool, Safety Fence, Vinyl, Solar Cover
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Wall Unit, Whole House Fan
  • 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
  • Special Association Assessment Y: No

Schools

  • Elementary School: Bethlehem
  • Middle School: Per Board of Ed
  • High School: Per Board of Ed
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Active Solar, Extra Insulation, Generator Ready, Programmable Thermostat, Ridge Vents

Lot Info

  • Acres: 3.9500
  • Lot Description: Farm Land, Open Lot, Dry, Level Lot, Lightly Wooded, Fence - Rail
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R-1
  • Property Info: Horse Property

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 4770
  • Total Assessed Value: 173400
  • Mil Rate Base: 27.510
  • Mil Rate Total: 27.510
  • Assessor Parcel Number: 796561

MLS Schools

  • Elementary School: Bethlehem
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Jan 19, 2022
Sold by
Banks Donald L and Banks Elena T
Bought by
Banks Donald L and Banks Elena T
Seller's Agent
Janice Cashell
Coldwell Banker Realty
Buyer's Agent
Nicole Mangione
Showcase Realty, Inc.
List Price
$489,900
Sold Price
$445,000
Premium/Discount to List
-$44,900
-9.17%
Current Estimated Value
$576,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,698
Avg. Annual Appreciation
8.03%
Original Mortgage
$421,750
Outstanding Balance
$390,281
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$197,837

Purchase Details

Listed on
Sep 7, 2021
Closed on
Jan 14, 2022
Sold by
Banks Donald L and Banks Elena T
Bought by
Mangione Matthew L
Seller's Agent
Janice Cashell
Coldwell Banker Realty
Buyer's Agent
Nicole Mangione
Showcase Realty, Inc.
List Price
$489,900
Sold Price
$445,000
Premium/Discount to List
-$44,900
-9.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,750
Outstanding Balance
$390,281
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$197,837
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Banks Donald L -- None Available
Banks Donald L -- None Available
Banks Donald L -- None Available
Mangione Matthew L $445,000 None Available
Mangione Matthew L $445,000 None Available
Mangione Matthew L $445,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mangione Matthew L $421,750
Closed Mangione Matthew L $421,750
Previous Owner Banks Donald $100,000
Previous Owner Banks Donald $60,000
Previous Owner Banks Donald $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $445,000 -5.3% $249 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
11/17/2021 11/17/21 Price Changed $470,000 -4.1% $263 / Sq Ft
09/07/2021 09/07/21 For Sale $489,900 -- $274 / 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
2025 $5,638 $249,710 $52,410 $197,300
2024 $5,431 $249,710 $52,410 $197,300
2023 $4,760 $173,150 $50,250 $122,900
2022 $5,008 $182,100 $59,200 $122,900
2021 $4,770 $173,400 $50,500 $122,900
2020 $4,632 $173,400 $50,500 $122,900
2019 $4,645 $173,400 $50,500 $122,900
2018 $4,318 $178,780 $58,880 $119,900
2017 $4,537 $178,780 $58,880 $119,900
2016 $4,185 $178,780 $58,880 $119,900
2015 $4,105 $178,780 $58,880 $119,900
2014 $4,017 $178,780 $58,880 $119,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170434465

SmartMLS

APN: BETH-000117-000000-000436