$865,000
SOLD OCT 13, 2017 RENTED NOV 5, 2024

25 Terrace Dr Sherman, CT 06784

3 Beds
2 Baths
1,800 Sq Ft
0.73 Acres

Recently Sold

$481 Per Sq Ft

28% Below List Price

343 Days on Market

Highlights

  • Lake Front
  • Contemporary Architecture
  • 1 Fireplace
  • Deck
  • Attic
  • Mud Room

About This Home

As of October 2017

Candlewood Lake Majestic Retreat offers panoramic views & 150 ft of scenic water frontage, stunning stone terraces, multiple decks & patios, private docks & stone walks & walls surrounding the property. A grand open plan showcases a vaulted great room w/custom stone fireplace, hand scraped oak floors & craftsman windows & doors. A stunning gourmet kitchen w/leathered granite island bar opens to a stunning great room. Sliders lead to an expansive deck w/private lake views. The walk-out, lower level showcases custom stone tiles to emulate hardwoods ,panel & trim & unique built ins. Three bedrooms offer pristine lake views, unique bunk room & custom full bath w/laundry, shed, outdoor shower & 2 car gar. complete an idyllic weekend retreat.

Last Agent to Sell the Property

Barbara Sivba

Coldwell Banker Realty License #REB.0756721 Listed on: 10/21/2016

Coldwell Banker Realty

Last Buyer's Agent

Barbara Sivba

Coldwell Banker Realty License #REB.0756721 Listed on: 10/21/2016

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,631

Year Built

  • Built in 1964

Lot Details

  • 0.73 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Sloped Lot
  • Many Trees

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Mud Room
  • Entrance Foyer
  • Water Views
  • Attic or Crawl Hatchway Insulated
  • Home Security System

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 2 Car Detached Garage
  • Parking Deck

Eco-Friendly Details

  • Heating system powered by passive solar

Outdoor Features

  • Balcony
  • Deck
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Sherman Elementary School
  • Voucher High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Private Company Owned Well

Community Details

  • Property has a Home Owners Association
  • Association fees include property management
  • Candlewood Lake Esta Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,631

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Contemporary, Ranch
  • Sq Ft Est Heated Above Grade: 1000
  • Public Record Living Room Sq Ft: 936
  • Sq Ft Est Heated Below Grade: 800
  • Total Sq Ft: 1800
  • Year Built: 1964
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Playground/Tot Lot, Shopping/Mall, Tennis Courts
  • Exclusions: personal property
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Route 39 North to right on Hubbell Mountain to Green Pond to Candlewood Lake Estates
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Fully Finished, Interior Access, Walk-out
  • Interior Amenities: Security System
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room, Mud Room
  • Laundry Room Location: lower level
  • Attic: Yes
  • Street Number Modifier: 25

Exterior Features

  • Exterior Features: Balcony, Deck, Gutters, Lighting
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, Frontage, Lake, Dock or Mooring
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Fuel Type: Electric, Propane
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Property Management
  • HOA Fees: 2354
  • HOA: Yes
  • Property Manager Name: unknown

Schools

  • Elementary School: Sherman
  • Middle School: Per Board of Ed
  • High School: Voucher
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Passive Solar, Thermopane Windows

Lot Info

  • Acres: 0.7300
  • Lot Description: On Cul-De-Sac, Water View, Sloping Lot, Treed
  • Zoning: R

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 10631
  • Total Assessed Value: 522900
  • Mil Rate Base: 20.330
  • Mil Rate Total: 20.330
  • Tax District Amount: 2354
  • Assessor Parcel Number: 310437

MLS Schools

  • Elementary School: Sherman
  • Middle Jr High School: Per Board of Ed
  • High School: Voucher

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Jul 15, 2024
Sold by
Khan Nayab H
Bought by
Nayab H Khan T H and Nayab Khan
Seller's Agent
Stacey Matthews
W. Raveis Lifestyles Realty
Buyer's Agent
Barbara Jacobowitz
Luks Realty
Sold Price
$6,000
Views
36
Current Estimated Value
$1,056,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,050,259

Purchase Details

Listed on
Oct 21, 2016
Closed on
Oct 17, 2017
Sold by
Haynes Benjamin T and Campol Meagan S
Bought by
Khan Nayab H
Seller's Agent
Barbara Sivba
Coldwell Banker Realty
Buyer's Agent
Barbara Sivba
Coldwell Banker Realty
List Price
$1,195,000
Sold Price
$865,000
Premium/Discount to List
-$330,000
-27.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.99%
Original Mortgage
$525,000
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 29, 2013
Closed on
Nov 19, 2013
Sold by
Migliorisi Barbara A E and Migliorisi Suzanne
Bought by
Haynes Benjamin T and Campol Meagan S
Seller's Agent
Angelina Valentini
Coldwell Banker Realty
Buyer's Agent
Andrea Ladd
Eagle Eye Realty PLLC
List Price
$1,100,000
Sold Price
$705,000
Premium/Discount to List
-$395,000
-35.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$534,500
Interest Rate
4.24%
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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $865,000 --
Executors Deed $705,000 --
Warranty Deed $865,000 --
Executors Deed $705,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $427,000 Balloon
Previous Owner $525,000 Purchase Money Mortgage
Previous Owner $534,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2024 11/05/24 Rented $10,000 +81.8% --
09/05/2024 09/05/24 Price Changed $5,500 -15.4% $4 / Sq Ft
08/09/2024 08/09/24 For Rent $6,500 +8.3% --
06/01/2024 06/01/24 Rented $6,000 0.0% --
01/12/2024 01/12/24 For Rent $6,000 0.0% --
10/13/2017 10/13/17 Sold $865,000 -3.4% $481 / Sq Ft
09/29/2017 09/29/17 Pending -- -- --
08/23/2017 08/23/17 Price Changed $895,000 -10.1% $497 / Sq Ft
05/31/2017 05/31/17 Price Changed $995,000 -4.8% $553 / Sq Ft
05/01/2017 05/01/17 Price Changed $1,045,000 -12.6% $581 / Sq Ft
10/21/2016 10/21/16 For Sale $1,195,000 +69.5% $664 / Sq Ft
11/15/2013 11/15/13 Sold $705,000 0.0% $459 / Sq Ft
11/15/2013 11/15/13 Sold $705,000 -35.9% $459 / Sq Ft
10/16/2013 10/16/13 Pending -- -- --
10/01/2013 10/01/13 Pending -- -- --
06/29/2013 06/29/13 For Sale $1,100,000 0.0% $716 / Sq Ft
06/14/2013 06/14/13 For Sale $1,100,000 -- $716 / 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 $9,878 $603,800 $389,700 $214,100
2023 $10,760 $603,800 $389,700 $214,100
2022 $10,977 $603,800 $389,700 $214,100
2021 $11,255 $603,800 $389,700 $214,100
2020 $11,539 $603,800 $389,700 $214,100
2019 $11,961 $603,800 $389,700 $214,100
2018 $24,457 $522,900 $324,700 $198,200
2017 $24,579 $522,900 $324,700 $198,200
2016 $10,631 $522,900 $324,660 $198,240
2015 $10,479 $522,900 $324,660 $198,240
2014 $9,437 $475,650 $324,660 $150,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 99163868

SmartMLS

APN: SHMN-000064-000000-000029