NOT LISTED FOR SALE

342 Lebanon Ave Unit 11 Colchester, CT 06415

Estimated Value: $123,000 - $145,000

2 Beds
1.5 Baths
960 Sq Ft
$285/mo HOA Fee

Last Sold August 25, 2022

Last sale price $90,000 $94 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,122/month

3 Days on Market

Highlights

  • 1 Fireplace
  • Tandem Garage
  • Property is near shops
  • William J. Johnston Middle School Rated A-
  • Shed
  • Baseboard Heating

About This Home

As of August 2022

Why rent when you can own, this 2 bedroom 1.5 bath unit features a wood-burning fireplace in the living room and also has private laundry on the first floor. The bedrooms are generously sized, the primary bedroom has wood floors, a double closet, and a 5x5 foot walk-in closet, and the second bedroom has wood floors and a double closet. Restaurants, shopping, and the town green are less than a mile from this unit and there is also easy access to Hartford, Middletown, and the Norwich/New London areas. The town of Colchester was founded in 1698 and still retains its New England charm to this day. Two cats and one small to medium dog are allowed per condo rules. This unit is not FHA approved.

Last Agent to Sell the Property

Eric Engdall

Coldwell Banker Realty License #RES.0784322 Listed on: 08/01/2022

Coldwell Banker Realty

Last Buyer's Agent

Dee Hasuly

KW Legacy Partners License #RES.0765608

KW Legacy Partners

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,579

Year Built

  • Built in 1966

HOA Fees

  • $285 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 960 Sq Ft Home
  • 1 Fireplace
  • Shared Basement
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Washer

Parking

  • 2 Parking Spaces
  • Tandem Garage

Outdoor Features

  • Shed

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Colchester Elementary School
  • Johnston Middle School
  • Jack Jackter Middle School
  • Bacon Academy High School

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, property management, insurance
  • 18 Units
  • Sunset Vista Condo Association Community
  • Property managed by Sunset Vista Condo Assoc

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,579

Year Built

Built in 1966

Lot Details

0

HOA Fees

$285 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 960
  • Public Record Living Room Sq Ft: 960
  • Total Sq Ft: 960
  • Year Built: 1966
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Playground/Tot Lot, Shopping/Mall, Tennis Courts
  • Remarks Public Addendum: This unit is on public water and sewer, however, since the units are located below the town sewer line this complex has a holding tank with an ejector pump to carry the effluent up to street level. The sheds and their maintenance are the responsibility
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 1520
  • Directions: GPS friendly
  • Special Features: None

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Shared Basement
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Refrigerator, Washer
  • Laundry Room Location: Kitchen
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 342

Exterior Features

  • Exterior Features: Shed
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Tandem
  • Total Parking Spaces: 2

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Insurance
  • Complex Name: Sunset Vista Condo Association
  • Levels In Unit: 2
  • HOA Fees: 285
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Unit Owners Association
  • Property Mgt Company Name: Sunset Vista Condo Assoc

Schools

  • Elementary School: Colchester
  • Middle School: Johnston
  • High School: Bacon Academy
  • Intermediate School: Jack Jackter

Lot Info

  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: Res

Rental Info

  • Pets Allowed Info: per condo by-laws
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 1579
  • Total Assessed Value: 58300
  • Mil Rate Base: 27.080
  • Mil Rate Total: 27.080
  • Assessor Parcel Number: 1457216

Multi Family

  • Total Num Of Units: 18

MLS Schools

  • Elementary School: Colchester
  • Middle Jr High School: Johnston
  • High School: Bacon Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2022
Closed on
Aug 22, 2022
Sold by
Schmidt Sara A
Bought by
Riedinger Dan and Paternostro Sharon
Seller's Agent
Eric Engdall
Coldwell Banker Realty
Buyer's Agent
Dee Hasuly
KW Legacy Partners
List Price
$85,000
Sold Price
$90,000
Premium/Discount to List
$5,000
5.88%
Views
13
Current Estimated Value
$130,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,847
Avg. Annual Appreciation
12.61%

Purchase Details

Closed on
Nov 30, 2007
Sold by
Ahlberg John
Bought by
Davis Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,060
Interest Rate
6.48%

Purchase Details

Closed on
Aug 31, 2001
Sold by
Demiclio Peter
Bought by
Ahlberg John
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
Riedinger Dan $90,000 None Available
Davis Sara $98,000 --
Ahlberg John $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ahlberg John $95,060
Previous Owner Ahlberg John $5,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2022 08/25/22 Sold $90,000 +5.9% $94 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
08/01/2022 08/01/22 For Sale $85,000 0.0% $89 / Sq Ft
08/01/2017 08/01/17 Rented $950 0.0% --
07/18/2017 07/18/17 Under Contract -- -- --
06/29/2017 06/29/17 For Rent $950 0.0% --
04/10/2016 04/10/16 Rented $950 0.0% --
04/09/2016 04/09/16 Under Contract -- -- --
03/23/2016 03/23/16 For Rent $950 -- --
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 $1,744 $58,300 $0 $58,300
2024 $1,671 $58,300 $0 $58,300
2023 $1,587 $58,300 $0 $58,300
2022 $1,579 $58,300 $0 $58,300
2021 $1,530 $46,600 $0 $46,600
2020 $1,530 $46,600 $0 $46,600
2019 $1,530 $46,600 $0 $46,600
2018 $1,504 $46,600 $0 $46,600
2017 $1,508 $46,600 $0 $46,600
2016 $1,712 $55,400 $0 $55,400
2015 $1,704 $55,400 $0 $55,400
2014 $1,694 $55,400 $0 $55,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170513103

SmartMLS

APN: COLC-000005-000006-000004-000001-11