NOT LISTED FOR SALE

303 Fairmount Dr Unit B Monroe, CT 06468

Estimated Value: $354,000

2 Beds
2 Baths
1,317 Sq Ft
1988 Built

Last Sold October 25, 2013

Last sale price $185,000 $140 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,421/month

16 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • 1 Fireplace
  • Stepney Elementary School Rated A
  • Ranch Style House
  • End Unit

About This Home

As of October 2013

Roomy 1317 sf ranch style 2 bedroom condo (one step up from 1-car garage). All appliances stay, including washer/dryer. Quiet, private porch overlooking woods. Central air conditioning. Garage has electric door opener and shelving. Exterior renovations done in 2010 by the condo association. Designated storage bin located in building across street.

Last Agent to Sell the Property

Raymond Martin

Martin Real Estate License #REB.0788072 Listed on: 08/06/2013

Last Buyer's Agent

Dianne Camella

RE/MAX Right Choice License #RES.0095679

RE/MAX Right Choice

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,850

Year Built

  • Built in 1988

Lot Details

  • End Unit
  • Sloped Lot
  • Many Trees

Home Design

  • Ranch Style House
  • Frame Construction
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 1,317 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Basement Storage

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Varies By Unit
  • Parking Deck
  • Parking Lot

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Deck

Schools

  • Stepney Elementary School
  • Jockey Hollow Middle School
  • Masuk High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include grounds maintenance, insurance, property management, pool service
  • 5 Units
  • Hills Of Monroe Community

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,850

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1317
  • Public Record Living Room Sq Ft: 1317
  • Total Sq Ft: 1317
  • Year Built: 1988
  • Nearby Amenities: Pool, Tennis Courts
  • Association Amenities: Pool, Tennis Courts
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Route 25 to Hills of Monroe; 303 building on left past pool; building to rear.
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Storage
  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
  • Laundry Room Location: In Unit
  • Attic: No

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Clapboard, Wood
  • Swimming Pool: Yes
  • Pool: In Ground Pool, Safety Fence
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, Parking Lot, Unit Garage
  • Garages Number: 1

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Insurance, Property Management, Pool Service
  • Complex Name: Hills of Monroe
  • HOA Fees: 310
  • HOA: Yes
  • Property Manager Name: Consolidated Management

Lot Info

  • Lot Description: Sloping Lot, Treed
  • Zoning: DR

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2013-June 2014
  • Property Tax: 4850
  • Assessor Parcel Number: 179170
  • Tax Year Pub Record: 2013

Multi Family

  • Total Num Of Units: 5

MLS Schools

  • Elementary School: Stepney
  • Middle Jr High School: Jockey Hollow
  • High School: Masuk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2013
Closed on
Oct 25, 2013
Sold by
Aiello Anthony and Aiello David
Bought by
Davies Daniel
Seller's Agent
Raymond Martin
Martin Real Estate
Buyer's Agent
Dianne Camella
RE/MAX Right Choice
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%
Current Estimated Value
$354,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,000
Original Mortgage
$138,750
Outstanding Balance
$104,812
Interest Rate
4.56%

Purchase Details

Closed on
May 14, 2001
Sold by
Iacono Thomas and Iacono Sheila S
Bought by
Aiello Anthony J and Aiello David A

Purchase Details

Closed on
Jul 15, 1996
Sold by
Blitzer Helen
Bought by
Iacono Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
8%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Davies Daniel $185,000 --
Aiello Anthony J $187,000 --
Iacono Thomas $126,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iacono Thomas $138,750
Previous Owner Iacono Thomas $101,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2013 10/25/13 Sold $185,000 -5.1% $140 / Sq Ft
09/25/2013 09/25/13 Pending -- -- --
08/06/2013 08/06/13 For Sale $195,000 -- $148 / 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 $6,835 $238,400 $0 $238,400
2024 $5,201 $135,900 $0 $135,900
2023 $5,103 $135,900 $0 $135,900
2022 $5,009 $135,900 $0 $135,900
2021 $4,883 $134,300 $0 $134,300
2020 $4,765 $134,300 $0 $134,300
2019 $4,746 $133,400 $0 $133,400
2018 $4,701 $133,400 $0 $133,400
2017 $4,770 $133,400 $0 $133,400
2016 $4,669 $133,400 $0 $133,400
2015 $4,582 $133,400 $0 $133,400
2014 $4,932 $159,040 $0 $159,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 99037121

SmartMLS

APN: MONR-000069-000013-000000-HM000000-303