NOT LISTED FOR SALE

318 Central Ave Wolcott, CT 06716

Estimated Value: $595,208 - $788,000

6 Beds
4 Baths
2,928 Sq Ft
$235/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $405,900 $139 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,505/month

80 Days on Market

Highlights

  • Lake Front
  • Open Floorplan
  • Partially Wooded Lot
  • Detached Guest House
  • A-Frame Home
  • 2 Fireplaces

About This Home

As of January 2021

Welcome to your lake oasis! Enjoy lake living on your private dock and make this relaxing getaway your home. This contemporary, A-frame house has three freshly painted bedrooms and two full bathrooms. You can also find a gorgeous stone fireplace in the open concept living room with beautiful hardwood floors and granite countertops in the kitchen. Walk downstairs to a partially finished basement with bar area and door leading to endless storage. Best of all, get help paying your mortgage with two detached apartments grossing $1700/month! This property has to be seen to fully appreciate the tranquility it offers.

Last Agent to Sell the Property

Lisa Novakowski

Better Living Realty, LLC License #RES.0805911 Listed on: 09/04/2020

Last Buyer's Agent

Brian Macharelli

Better Living Realty, LLC License #REB.0791999

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,763

Year Built

  • Built in 1973

Lot Details

  • 0.53 Acre Lot
  • Lake Front
  • Partially Wooded Lot
  • Property is zoned R-30

Home Design

  • A-Frame Home
  • Contemporary Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,928 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • 2 Fireplaces
  • Water Views
  • Laundry on lower level

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Hatchway

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Car Detached Garage
  • Shared Driveway
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Breezeway

Schools

  • Frisbie Elementary School
  • Tyrrell Middle School
  • Wolcott High School

Utilities

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

Additional Features

  • Detached Guest House
  • Property is near a golf course

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,763

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Neighborhood: Hitchcock Lakes
  • Property Type: Single Family For Sale
  • Style: Contemporary, A-Frame
  • Sq Ft Est Heated Above Grade: 2928
  • Total Sq Ft: 2928
  • Year Built: 1973
  • Nearby Amenities: Golf Course, Lake
  • In Law Access: Detached
  • In Law Apartment: Yes
  • Direct Waterfront: No
  • Encumbrances Restrictions: Right of Way
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Meriden Rd. to Farview to right onto Central Ave
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 2
  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Fireplaces: 2
  • Basement Description: Full, Partially Finished, Hatchway Access
  • Interior Amenities: Cable - Available, Open Floor Plan
  • Appliances: Electric Cooktop, Electric Range, Microwave, Refrigerator, Dishwasher
  • Additional Rooms: Breezeway
  • Laundry Room Info: Lower Level
  • Attic: No

Exterior Features

  • Exterior Features: Guest House, Patio
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Lake, Access, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Off Street Parking
  • Garages Number: 2
  • Driveway Type: Shared, Asphalt

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Green Features

  • Energy Features: Storm Doors, Storm Windows

Lot Info

  • Acres: 0.5300
  • Lot Description: Water View, Lightly Wooded
  • Zoning: R-30

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 8763
  • Mil Rate Base: 33.140
  • Assessor Parcel Number: 1445071

MLS Schools

  • Elementary School: Frisbie
  • Middle Jr High School: Tyrrell
  • High School: Wolcott

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Jan 7, 2021
Sold by
Iblasi Frank T and Diblasi Laurie B
Bought by
Pelletier Jeffrey M and Rabuska Ryan P
Seller's Agent
Lisa Novakowski
Better Living Realty, LLC
Buyer's Agent
Brian Macharelli
Better Living Realty, LLC
List Price
$425,000
Sold Price
$405,900
Premium/Discount to List
-$19,100
-4.49%
Current Estimated Value
$687,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,152
Avg. Annual Appreciation
11.29%
Original Mortgage
$388,278
Outstanding Balance
$344,886
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$342,166

Purchase Details

Closed on
Aug 20, 2013
Sold by
Francisco Pedro
Bought by
Diblasi Frank T and Diblasi Laurie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.45%

Purchase Details

Closed on
Apr 5, 2005
Sold by
Trott Alan E and Trott Nancy
Bought by
Diblasi Frank T and Diblasi Laurie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 1987
Sold by
Richter Raymond C
Bought by
Trott Alan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
10.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pelletier Jeffrey M $405,900 None Available
Diblasi Frank T $100,000 --
Diblasi Frank T $433,000 --
Trott Alan E $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pelletier Jeffrey M $388,278
Previous Owner Diblasi Frank T $100,000
Previous Owner Diblasi Frank T $260,000
Previous Owner Trott Alan E $205,000
Previous Owner Trott Alan E $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2021 01/08/21 Sold $405,900 -4.5% $139 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $425,000 0.0% $145 / Sq Ft
07/12/2016 07/12/16 Rented $1,650 0.0% --
07/12/2016 07/12/16 Under Contract -- -- --
06/13/2016 06/13/16 For Rent $1,650 -- --
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 $10,691 $297,540 $51,370 $246,170
2024 $9,840 $297,540 $51,370 $246,170
2023 $9,483 $297,540 $51,370 $246,170
2022 $9,164 $297,540 $51,370 $246,170
2021 $8,763 $264,430 $48,740 $215,690
2020 $8,763 $264,430 $48,740 $215,690
2019 $8,763 $264,430 $48,740 $215,690
2018 $8,515 $264,430 $48,740 $215,690
2017 $8,269 $264,430 $48,740 $215,690
2016 $7,724 $267,170 $49,700 $217,470
2015 $7,502 $267,170 $49,700 $217,470
2014 $7,259 $267,170 $49,700 $217,470
Source: Public Records

Agents Affiliated with this Home

  • Lisa Novakowski

    Seller's Agent in 2021

    Lisa Novakowski

    Better Living Realty, LLC

    (203) 592-2882

    3 in this area

    55 Total Sales

    Lisa Novakowski
    Section Image

  • B

    Buyer's Agent in 2021

    Brian Macharelli

    Better Living Realty, LLC

    (203) 565-2554

    3 in this area

    34 Total Sales

    Brian Macharelli
    Section Image
  • James Lucarelle

    Seller's Agent in 2016

    James Lucarelle

    Showcase Realty, Inc.

    (203) 228-4966

    1 in this area

    15 Total Sales

    James Lucarelle
    Section Image
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Map

Source: SmartMLS

MLS Number: 170330436

SmartMLS

APN: WOLC-000131A-000004-000004

Connecticut New Haven County Wolcott 06716

318 Central Ave, Wolcott, CT

Not Listed for Sale

Detached

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