NOT LISTED FOR SALE

3 Cobtail Way Simsbury, CT 06070

Estimated Value: $112,000

2.44 Acres
$45,902 Price per Acre
106,286 Sq Ft Lot

Last Sold July 28, 2022

Last sale price $80,000 $14 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $991/month

20 Days on Market

Highlights

  • 2.44 Acre Lot
  • Latimer Lane School Rated A
  • Cul-De-Sac

About This Lot

As of July 2022

Located in the desirable Upper Folly Farm subdivision, this is a lovely, quiet area to build your dream home. With convenient access to highways, Bradley International Airport, and the City of Hartford, this classic New England town offers panoramic vistas with its beautiful mountains and countryside. The area offers an abundance of local outdoor and indoor amenities including shopping, dining, Talcott Mountain State Park, Folly Farm Stables, Rosedale Farms and Vineyards, Simsbury Polo Club, several golf courses, various sporting clubs and much more.

Last Agent to Sell the Property

Samantha Kelley

Tranzon Auction Properties License #REB.0790698 Listed on: 05/12/2022

Last Buyer's Agent

Michael Tran

Property Works New England License #RES.0798023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,944

Lot Details

  • 2.44 Acre Lot
  • Cul-De-Sac
  • Property is zoned R-40

HOA Fees

  • $160 Monthly HOA Fees

Utilities

  • Well Required

Property Details

Property Type

Land

Est. Annual Taxes

$3,944

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Property Type: Lots and Land For Sale
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Tax Year Updated Dt: 07/11/2022
  • Directions: 3 Cobtail Way
  • Special Features: None

Interior Features

  • Street Number Modifier: 3

Exterior Features

  • Road Frontage Description: Paved Road
  • Road Frontage Approximate: 225

Utilities

  • Water Source: Well Required
  • Sewer: Septic Required
  • Utilities Available: Electric
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA Fees: 160
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site

Schools

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

Lot Info

  • Acres: 2.4400
  • Lot Description: On Cul-De-Sac
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: R-40

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 3944
  • Total Assessed Value: 102090
  • Mil Rate Base: 38.630
  • Mil Rate Total: 38.630
  • Assessor Parcel Number: 698985

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2024
Sold by
Frontview Homes Llc
Bought by
Diamond Homes Llc
Current Estimated Value
$112,000

Purchase Details

Listed on
May 12, 2022
Closed on
Jul 12, 2022
Sold by
Sachem Capital Corp
Bought by
Diamond Homes Llc
Seller's Agent
Samantha Kelley
Tranzon Auction Properties
Buyer's Agent
Michael Tran
Property Works New England
List Price
$89,999
Sold Price
$80,000
Premium/Discount to List
-$9,999
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.30%

Purchase Details

Closed on
Jun 22, 2020
Sold by
Flagship Llc
Bought by
Sachem Capital Corp

Purchase Details

Closed on
Jan 7, 2000
Sold by
Thoma Gary J and Thoma Nancy C
Bought by
Walbridge Llc

Purchase Details

Closed on
Jun 2, 1997
Sold by
Moskowitz Robert
Bought by
Thoma Gary and Thoma Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
8.88%
Mortgage Type
Purchase Money Mortgage
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
Diamond Homes Llc $105,000 None Available
Diamond Homes Llc $105,000 None Available
Diamond Homes Llc $80,000 None Available
Diamond Homes Llc $80,000 None Available
Sachem Capital Corp $110,000 None Available
Sachem Capital Corp $110,000 None Available
Walbridge Llc $122,000 --
Walbridge Llc $122,000 --
Thoma Gary $130,000 --
Thoma Gary $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diamond Homes Llc $1,001,000
Previous Owner Thoma Gary $250,000
Previous Owner Thoma Gary $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $80,000 -11.1% $14 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $89,999 -- $16 / 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 $2,840 $85,260 $85,260 $0
2023 $2,713 $85,260 $85,260 $0
2022 $3,944 $102,090 $102,090 $0
2021 $3,944 $102,090 $102,090 $0
2020 $3,787 $102,090 $102,090 $0
2019 $3,810 $102,090 $102,090 $0
2018 $3,838 $102,090 $102,090 $0
2017 $5,896 $152,120 $152,120 $0
2016 $5,647 $152,120 $152,120 $0
2015 $6,082 $163,850 $163,850 $0
2014 $6,085 $163,850 $163,850 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170490650

SmartMLS

APN: SIMS-000016H-000110-000021