NOT LISTED FOR SALE

318 Norfolk Rd Litchfield, CT 06759

Estimated Value: $747,000 - $838,000

5 Beds
3.5 Baths
4,545 Sq Ft
$176/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $530,000 $117 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,192/month

45 Days on Market

Highlights

  • River Front
  • 5.07 Acre Lot
  • Partially Wooded Lot
  • Center School Rated A-
  • Colonial Architecture
  • 1 Fireplace

About This Home

As of May 2021

Previous buyer backed out due to encroachment concern that has sense been taken care of. Property will be sold 'As Is' after previous inspection items were addressed. $500 credit due to window repair needed in kitchen. Make this your home or home away from home in beautiful Litchfield, CT. Either way you will have plenty of space for your family and for gatherings both indoors and out. You'll have plenty of privacy on this 5+ acre lot with the West Branch Bantam River running through the back of the property. The land gives you plenty of space to entertain with multiple outdoor seating areas and established landscape. Inside let the fun continue with a finished basement including a sound proof media room. This home offers over 4,500 sq ft and boasts 5 bedrooms and 3 ½ baths with an office off of the master bedroom suite. The home recently had both A/C compressors replaced, new bamboo flooring in the upper level and a fresh coat of paint throughout. The home provides you your own tranquil space while being only minutes from the heart of Litchfield for dining, shopping and gatherings at The Green. Also easily accessible to the areas skiing, hiking and vineyard attractions. Get all of this with only a 2 hr drive to the city and less than an hour from Danbury, Hartford and New Haven. The seller has raised her family in this home but is ready to let another family enjoy it every bit as much. Seller says bring an offer.

Last Agent to Sell the Property

Misti Doherty

Coldwell Banker Realty License #RES.0809026 Listed on: 12/13/2020

Coldwell Banker Realty

Last Buyer's Agent

Brian Cyr

Dave Jones Realty, LLC License #RES.0806918

Dave Jones Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,422

Year Built

  • Built in 2001

Lot Details

  • 5.07 Acre Lot
  • River Front
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned RR

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace

Kitchen

  • Oven or Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Utilities

  • Central Air
  • Heating System Uses Oil
  • Power Generator
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,422

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 3176
  • Public Record Living Room Sq Ft: 3176
  • Sq Ft Est Heated Below Grade: 1369
  • Total Sq Ft: 4545
  • Year Built: 2001
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5577
  • Directions: Please note the GPS will take you to the wrong end of Norfolk. The house is located closer to Deming Rd, there is a sign.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full, Full With Walk-Out, Fully Finished
  • Appliances: Oven/Range, Range Hood, Refrigerator, Freezer, Dishwasher, Washer, Dryer
  • Additional Rooms: Laundry Room
  • Laundry Room Location: second laundry unit on upper level
  • Laundry Room Info: Main Level, Upper Level
  • Attic: No
  • Street Number Modifier: 318

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: River
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Generator Ready

Lot Info

  • Acres: 5.0700
  • Lot Description: Rear Lot, Open Lot, Cleared, Level Lot, Lightly Wooded
  • Flood Zone: No
  • Zoning: RR

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 9422
  • Total Assessed Value: 340140
  • Mil Rate Base: 27.700
  • Mil Rate Total: 27.700
  • Assessor Parcel Number: 818830

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2020
Closed on
May 5, 2021
Sold by
Kresel Magdalena S
Bought by
Kores Lauren E and Kores Noah J
Seller's Agent
Misti Doherty
Coldwell Banker Realty
Buyer's Agent
Brian Cyr
Dave Jones Realty, LLC
List Price
$575,000
Sold Price
$530,000
Premium/Discount to List
-$45,000
-7.83%
Current Estimated Value
$801,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,557
Avg. Annual Appreciation
8.61%
Original Mortgage
$470,000
Outstanding Balance
$426,452
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$325,904

Purchase Details

Closed on
Nov 30, 2010
Sold by
Kresel Gregory and Kresel Magdalina
Bought by
Kresel Magdalina
Source: Public Records

Range of Values:

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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
Kores Lauren E -- None Available
Kores Lauren E -- None Available
Kresel Magdalina -- --
Kresel Gregory -- --
Kresel Magdalina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kores Noah J $25,000
Open Kores Lauren E $470,000
Closed Kores Lauren E $470,000
Previous Owner Kresel Gregory $187,434
Previous Owner Kresel Gregory $387,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $530,000 -7.8% $117 / Sq Ft
04/01/2021 04/01/21 For Sale $575,000 0.0% $127 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
01/30/2021 01/30/21 Price Changed $575,000 -3.4% $127 / Sq Ft
01/06/2021 01/06/21 Price Changed $595,000 -8.5% $131 / Sq Ft
12/18/2020 12/18/20 For Sale $650,000 -- $143 / 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 $9,883 $494,170 $88,240 $405,930
2024 $9,142 $494,170 $88,240 $405,930
2023 $9,082 $340,140 $79,680 $260,460
2022 $9,116 $340,140 $79,680 $260,460
2021 $9,388 $340,140 $79,680 $260,460
2020 $9,422 $340,140 $79,680 $260,460
2019 $9,592 $340,140 $79,680 $260,460
2018 $9,928 $358,400 $98,600 $259,800
2017 $9,892 $358,400 $98,600 $259,800
2016 $9,569 $358,400 $98,600 $259,800
2015 -- $358,400 $98,600 $259,800
2014 $9,032 $358,400 $98,600 $259,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170361590

SmartMLS

APN: LITC-000160-000036-000009E