NOT LISTED FOR SALE

Estimated Value: $1,143,000 - $4,936,000

3 Beds
2 Baths
1,763 Sq Ft
$1,736/Sq Ft Est. Value

Last Sold July 23, 2018

Last sale price $1,250,000 $709 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $20,095/month

31 Days on Market

Highlights

  • Waterfront
  • 1 Fireplace
  • Cottage
  • Shepaug Valley School Rated A-
  • No HOA
  • Baseboard Heating

About This Home

As of July 2018

3 bedroom Lake Waramaug cottage with separate guest house along West Shore Rd. Beautiful waterfront with boathouse, 40’ x 18’ lakeside stone terrace and floating dock. Spectacular views. Privacy.

Last Agent to Sell the Property

Peter Klemm

Klemm Real Estate Inc License #REB.0366645 Listed on: 06/12/2018

Last Buyer's Agent

Peter Klemm

Klemm Real Estate Inc License #REB.0366645 Listed on: 06/12/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,294

Year Built

  • Built in 1924

Lot Details

  • 0.4 Acre Lot
  • Waterfront
  • Property is zoned R-3

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 1,763 Sq Ft Home
  • 1 Fireplace
  • Water Views
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Shepaug High School

Utilities

  • Baseboard Heating
  • Private Company Owned Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,294

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Neighborhood: New Preston
  • Property Type: Single Family For Sale
  • Style: Cottage
  • Sq Ft Est Heated Above Grade: 1763
  • Total Sq Ft: 1763
  • Year Built: 1924
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Directions: 45 to West Shore.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Appliances: Electric Range
  • Attic: No
  • Street Number Modifier: 27

Exterior Features

  • Exterior Siding: Clapboard
  • Foundation Type: Block
  • Roof Information: Shingle
  • Waterfront Description: View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Shepaug

Lot Info

  • Acres: 0.4000
  • Lot Description: Water View
  • Zoning: R-3

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 8294
  • Total Assessed Value: 582060
  • Mil Rate Base: 14.250
  • Mil Rate Total: 14.250
  • Assessor Parcel Number: 2140956

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Shepaug

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2018
Closed on
Jul 9, 2018
Sold by
27 West Shore Road Llc
Bought by
Philips Carl and King-Philips Wendy
Seller's Agent
Peter Klemm
Klemm Real Estate Inc
Buyer's Agent
Peter Klemm
Klemm Real Estate Inc
List Price
$1,395,000
Sold Price
$1,250,000
Premium/Discount to List
-$145,000
-10.39%
Current Estimated Value
$3,059,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,809,814
Avg. Annual Appreciation
13.40%
Original Mortgage
$1,000,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 13, 2017
Sold by
Powers James
Bought by
27 West Shore Road Llc

Purchase Details

Listed on
Jan 2, 2013
Closed on
Sep 19, 2013
Sold by
Bennett Edward Est and Bennett
Bought by
Issavi Emil and Issavi Mary
Seller's Agent
Lori Campbell
Coldwell Banker Realty
Buyer's Agent
Christina Klemm
Klemm Real Estate Inc
List Price
$575,000
Sold Price
$520,000
Premium/Discount to List
-$55,000
-9.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.96%
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
Philips Carl -- --
27 West Shore Road Llc -- --
Powers James $850,000 --
Issavi Emil $520,000 --
Philips Carl -- --
27 West Shore Road Llc -- --
Issavi Emil $520,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Philips Carl $2,083,000
Closed Phillips Carl $2,150,000
Closed Philips Carl $2,250,000
Closed Philips Carl $1,000,000
Previous Owner Issavi Emil $10,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2018 07/23/18 Sold $1,250,000 -10.4% $709 / Sq Ft
07/13/2018 07/13/18 Pending -- -- --
06/12/2018 06/12/18 For Sale $1,395,000 +168.3% $791 / Sq Ft
09/18/2013 09/18/13 Sold $520,000 -9.6% $260 / Sq Ft
09/10/2013 09/10/13 Pending -- -- --
01/02/2013 01/02/13 For Sale $575,000 -- $288 / 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 $42,628 $3,928,820 $873,810 $3,055,010
2024 $42,628 $3,928,820 $873,810 $3,055,010
2023 $35,853 $2,515,980 $737,290 $1,778,690
2022 $35,853 $2,515,980 $737,290 $1,778,690
2021 $35,853 $2,515,980 $737,290 $1,778,690
2020 $29,766 $2,088,820 $737,290 $1,351,530
2019 $12,911 $906,040 $737,290 $168,750
2018 $8,305 $582,780 $441,000 $141,780
2017 $8,294 $582,060 $441,000 $141,060
2016 $8,294 $582,060 $441,000 $141,060
2015 $8,003 $582,060 $441,000 $141,060
2014 $7,858 $582,060 $441,000 $141,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170093420

SmartMLS

APN: WASH-000011-000007-000035-000047