$275,000
SOLD DEC 3, 2024

240 W Lake Ave Guilford, CT 06437

3 Beds
1 Bath
1,008 Sq Ft
1.07 Acres

Recently Sold

$273 Per Sq Ft

22% Above List Price

4 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • 1 Fireplace
  • E.C. Adams Middle School Rated A-
  • Attic
  • Baseboard Heating

About This Home

As of December 2024

*Multiple Offers Received. SELLER REQUESTS HIGHEST & BEST OFFERS BY 10 PM FRIDAY NIGHT 10/18* Discover an exciting opportunity for investors or homebuyers ready for a project! This 3-bedroom, 1-bath ranch-style home, nestled in the picturesque town of Guilford, Connecticut, is ready for a new chapter after being owned by the same owner for 46 years. Offering over 1,000 square feet of finished living space, this home features a cozy living room complete with a wood-burning fireplace, perfect for chilly New England nights. Deck off kitchen allows for dining al fresco during the warmer months. An oversized 2-car garage provides ample storage or workshop potential. The roof was replaced 6 years ago. This is truly a diamond in the rough with endless potential for you to bring your creative vision and make this home your own. Don't miss this chance to invest in a property full of possibilities in a desirable shoreline community.

Last Agent to Sell the Property

Rose Ciardiello

William Raveis Real Estate License #RES.0798086 Listed on: 10/12/2024

William Raveis Real Estate

Last Buyer's Agent

Konstantinos Milas

Milas Realty Advisors License #REB.0794076

Milas Realty Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,041

Year Built

  • Built in 1971

Lot Details

  • 1.07 Acre Lot
  • Property is zoned R-7

Parking

  • Parking Deck

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • 1 Fireplace
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Garage Access

Schools

  • Adams Middle School
  • Baldwin Middle School
  • Guilford High School

Utilities

  • Baseboard Heating
  • Private Company Owned Well
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • Property is near a golf course

Listing and Financial Details

  • Assessor Parcel Number 1121799

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,041

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1008
  • Total Sq Ft: 1008
  • Year Built: 1971
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Golf Course, Health Club, Lake, Library, Medical Facilities, Playground/Tot Lot
  • Remarks Public Addendum: NOTE: The 2 storage units in basement convey with sale. Seller states there's an old utility trailer in the backyard, hidden by overgrown bush, etc. They are not planning to remove it - conveys As Is.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Boston Post Road/Rte 1 or Rte 80 to West Lake Avenue to #240 (look for sign)
  • Financing Used: Cash
  • Street Type: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Unfinished, Garage Access, Full With Walk-Out
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: Laundry in lower level/basement
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 240

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric, Domestic
  • Water Source: Private Well
  • Sewer: Septic

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Adams
  • High School: Guilford
  • Intermediate School: Baldwin

Lot Info

  • Acres: 1.07
  • Lot Description: Treed Sloping Lot
  • Flood Zone: No
  • Zoning: R-7
  • Parcel #: 1121799

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 6041
  • Total Assessed Value: 227290
  • Mil Rate Total: 26.58

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Adams
  • High School: Guilford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2024
Closed on
Nov 14, 2024
Sold by
Johnson Janice B and Johnson Robert F
Bought by
Lampronikos Nicholas
Seller's Agent
Rose Ciardiello
William Raveis Real Estate
Buyer's Agent
Konstantinos Milas
Milas Realty Advisors
List Price
$225,000
Sold Price
$275,000
Premium/Discount to List
$50,000
22.22%
Views
322
Current Estimated Value
$321,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,233
Avg. Annual Appreciation
28.48%

Purchase Details

Closed on
Dec 4, 1986
Bought by
Johnson Robert F and Johnson Janice
Source: Public Records

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Range of Values:

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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 $275,000 None Available
Warranty Deed $275,000 None Available
Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2024 12/03/24 Sold $275,000 +22.2% $273 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
10/16/2024 10/16/24 For Sale $225,000 -- $223 / 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 $6,041 $227,290 $161,000 $66,290
2023 $5,882 $227,290 $161,000 $66,290
2022 $5,324 $160,120 $123,900 $36,220
2021 $5,223 $160,120 $123,900 $36,220
2020 $5,173 $160,120 $123,900 $36,220
2019 $5,129 $160,120 $123,900 $36,220
2018 $5,009 $160,120 $123,900 $36,220
2017 $4,898 $166,820 $126,000 $40,820
2016 $4,783 $166,820 $126,000 $40,820
2015 $4,711 $166,820 $126,000 $40,820
2014 $4,574 $166,820 $126,000 $40,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24051516

SmartMLS

APN: GUIL-008402-000000-000111