38 Lonetown Rd Redding, CT 06896
Estimated Value: $583,000 - $1,133,009
5
Beds
4
Baths
3,784
Sq Ft
$219/Sq Ft
Est. Value
Highlights
- In Ground Pool
- 6.86 Acre Lot
- Secluded Lot
- Redding Elementary School Rated A
- Cape Cod Architecture
- Partially Wooded Lot
About This Home
As of November 2021Attention visionaries: Bring this custom built home back to its glory days. A special property with 6.86 Acres with house and barn/guest house combination at the end of the private shared driveway. The house has 5 bedrooms with one on the main level with bath and its own entrance. Could be a perfect inlaw or aupair suite. 4 spacious bedrooms on the 2nd level with 3 baths. Kitchen has a large area that serves as a family/bonus room. Open concept which is perfect for todays living. 2 car attached garage. Lower level has 2 rooms including a work shop and access to the garage. The barn can only be shown to any interested parties as there is a tenant. Pool needs total renovation. House is sold in as is condition. Please pardon our appearance as we are removing items from the house and land. Amazing potential. Feel free to call for additional information
Last Agent to Sell the Property
Coldwell Banker Realty License #REB.0100515 Listed on: 05/20/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,941
Year Built
- Built in 1973
Lot Details
- 6.86 Acre Lot
- Secluded Lot
- Level Lot
- Partially Wooded Lot
- Many Trees
- Property is zoned R-2
Home Design
- Cape Cod Architecture
- Colonial Architecture
- Concrete Foundation
- Frame Construction
- Slate Roof
- Stone Siding
- Stucco Exterior
Interior Spaces
- 3,784 Sq Ft Home
- 1 Fireplace
- Entrance Foyer
- Workshop
Kitchen
- Oven or Range
- Gas Cooktop
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
Partially Finished Basement
- Heated Basement
- Walk-Out Basement
- Partial Basement
- Interior Basement Entry
- Garage Access
Parking
- 2 Car Attached Garage
- Shared Driveway
- Dirt Driveway
Outdoor Features
- In Ground Pool
- Porch
Schools
- Redding Elementary School
- John Read Middle School
- Joel Barlow High School
Utilities
- Central Air
- Heating System Uses Oil
- Heating System Uses Oil Above Ground
- 60 Gallon+ Oil Water Heater
- Private Company Owned Well
Community Details
- No Home Owners Association
Listing and Financial Details
- Exclusions: 2 cars in garage and chandelier in breakfast roo, table in Living Room with puzzle
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 20, 2021
Closed on
Nov 16, 2021
Sold by
Hon Jack N
Bought by
Melillo Giuseppe and Melillo Fabiola
Seller's Agent
Marilyn Caravetta
Coldwell Banker Realty
Buyer's Agent
Giuseppe 'Joe' Melillo
William Raveis Real Estate
List Price
$749,500
Sold Price
$675,000
Premium/Discount to List
-$74,500
-9.94%
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
$153,252
Avg. Annual Appreciation
4.48%
Original Mortgage
$601,000
Outstanding Balance
$556,599
Interest Rate
3.01%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$233,368
Purchase Details
Closed on
Jan 30, 1980
Bought by
Hon Jack N
Similar Homes in Redding, CT
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Melillo Giuseppe | -- | None Available | |
| Melillo Giuseppe | -- | None Available | |
| Hon Jack N | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Melillo Giuseppe | $601,000 | |
| Previous Owner | Hon Jack N | $417,000 | |
| Previous Owner | Hon Jack N | $420,000 | |
| Previous Owner | Hon Jack N | $427,000 | |
| Previous Owner | Hon Jack N | $441,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/17/2021 11/17/21 | Sold | $675,000 | -9.9% | $178 / Sq Ft |
| 10/04/2021 10/04/21 | Price Changed | $749,500 | 0.0% | $198 / Sq Ft |
| 10/04/2021 10/04/21 | For Sale | $749,500 | +11.0% | $198 / Sq Ft |
| 07/31/2021 07/31/21 | Off Market | $675,000 | -- | -- |
| 07/31/2021 07/31/21 | Pending | -- | -- | -- |
| 05/20/2021 05/20/21 | For Sale | $659,000 | -- | $174 / 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 | $14,756 | $513,780 | $156,580 | $357,200 |
| 2023 | $14,546 | $525,300 | $168,100 | $357,200 |
| 2022 | $16,183 | $485,400 | $222,400 | $263,000 |
| 2021 | $15,941 | $485,400 | $222,400 | $263,000 |
| 2020 | $15,941 | $485,400 | $222,400 | $263,000 |
| 2019 | $15,941 | $485,400 | $222,400 | $263,000 |
| 2018 | $15,397 | $485,400 | $222,400 | $263,000 |
| 2017 | $16,412 | $554,100 | $234,100 | $320,000 |
| 2016 | $16,202 | $554,100 | $234,100 | $320,000 |
| 2015 | $16,019 | $554,100 | $234,100 | $320,000 |
| 2014 | $16,019 | $554,100 | $234,100 | $320,000 |
Source: Public Records
Agents Affiliated with this Home
-
Marilyn Caravetta
Seller's Agent in 2021
Marilyn Caravetta
Coldwell Banker Realty
(203) 512-1822
3 in this area
31 Total Sales
-
Giuseppe 'Joe' Melillo
Buyer's Agent in 2021
Giuseppe 'Joe' Melillo
William Raveis Real Estate
(914) 262-2964
1 in this area
41 Total Sales
Map
Source: SmartMLS
MLS Number: 170402580
APN: REDD-000022-000000-000115
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