38 Kramer Rd Colchester, CT 06415
Estimated Value: $551,000 - $851,000
4
Beds
2.5
Baths
3,085
Sq Ft
$233/Sq Ft
Est. Value
Highlights
- 3.39 Acre Lot
- Colonial Architecture
- Attic
- William J. Johnston Middle School Rated A-
- Partially Wooded Lot
- No HOA
About This Home
As of September 2023The 2nd opportunity in Country Estates at Chestnut Hill, a 7 lot subdivision is ready for your dreams & visions to come alive. The home will be built on the property of the Palmer Homestead, “the oldest standing lived in house in Colchester”. This 4 bed, 2.5 bath colonial w/ a 2 car garage is set to be started soon. Smaller 3rd bay to be added, lovingly named the "toy garage" for tractors, quads, or any other smaller vehicles. Modern farmhouse style is coupled with rustic accents, thoughtful touches & luxurious amenities to create a one of a kind result. Set on a spacious 3.9 acre lot, & nestled in a quiet country setting. Thoughtful touches include a package foyer for all deliveries with pin-pad entry, pet food nook, 1st floor home office & hand-selected fixtures and finishes. Natural light pours in from all angles of this 3,085 square foot home creating a bright and airy look & feel, & offering stunning views of the property from every window. The primary suite boasts an oversized master bathroom with tiled shower & soaking tub, as well as double vanities. The spacious basement with high ceilings offers the potential to be finished for extra living space. In the colder months, cozy up to the gas fireplace and enjoy views of the fall foliage. The custom wood mantle was created from wooden beams from the original property is a nod to the property’s rich history. Property can be totally customized based on buyers preferences w/ allowances for fixtures, appliances, & finishes.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,595
Year Built
- Built in 2023
Lot Details
- 3.39 Acre Lot
- Level Lot
- Partially Wooded Lot
- Many Trees
Parking
- 2 Car Attached Garage
Home Design
- Home to be built
- Colonial Architecture
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Clap Board Siding
- Vinyl Siding
Interior Spaces
- 3,085 Sq Ft Home
- Basement Fills Entire Space Under The House
- Attic or Crawl Hatchway Insulated
- Laundry Room
Kitchen
- Gas Cooktop
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
Schools
- Bacon Academy High School
Utilities
- Central Air
- Heating System Uses Propane
- Private Company Owned Well
- Propane Water Heater
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 19, 2022
Closed on
Sep 20, 2023
Sold by
Testa Dev Associates Llc
Bought by
Gladey David and Gladey Kimberly
Seller's Agent
Lisa Cozzi
Century 21 AllPoints Realty
Buyer's Agent
Joyce Covone
Berkshire Hathaway NE Prop.
List Price
$719,900
Sold Price
$737,695
Premium/Discount to List
$17,795
2.47%
Total Days on Market
100
Views
76
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,997
Avg. Annual Appreciation
-1.46%
Original Mortgage
$425,400
Outstanding Balance
$418,752
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$300,946
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Similar Homes in Colchester, CT
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gladey David | $709,000 | None Available | |
| Testa Dev Associates Llc | $65,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Testa Dev Associates Llc | $425,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/20/2023 09/20/23 | Sold | $737,695 | +2.5% | $239 / Sq Ft |
| 01/27/2023 01/27/23 | Pending | -- | -- | -- |
| 10/19/2022 10/19/22 | For Sale | $719,900 | -- | $233 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $12,595 | $439,300 | $42,600 | $396,700 |
| 2023 | $3,895 | $143,100 | $42,600 | $100,500 |
| 2022 | $1,154 | $42,600 | $42,600 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Cozzi
Seller's Agent in 2023
Lisa Cozzi
Century 21 AllPoints Realty
(860) 508-2102
4 in this area
203 Total Sales
-
Alexis Trzcinski
Seller Co-Listing Agent in 2023
Alexis Trzcinski
Berkshire Hathaway Home Services
(860) 967-1652
6 in this area
44 Total Sales
-
Joyce Covone
Buyer's Agent in 2023
Joyce Covone
Berkshire Hathaway Home Services
(860) 608-1708
53 in this area
119 Total Sales
Map
Source: SmartMLS
MLS Number: 170531199
APN: COLC M:04E B:005 L:003-102
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