NOT LISTED FOR SALE

38 Michael Terrace Wolcott, CT 06716

Waterbury Neighborhood

Estimated Value: $372,000 - $510,000

3 Beds
2.5 Baths
2,437 Sq Ft
$181/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $345,000 $142 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,121/month

54 Days on Market

Highlights

  • 2.32 Acre Lot
  • Colonial Architecture
  • Porch
  • Open Floorplan
  • Deck
  • Entrance Foyer

About This Home

As of May 2024

Calling all investors and flippers! This 3 bedroom Contemporary Colonial sits on a wooded 2+ acre lot at end of cul-de-sac in a subdivision. Very aggressively priced to reflect necessary foundation repairs and home upgrades needed. Foundation just inspected by knowledgeable specialist (report available for review). Remediation estimate also available. On the main floor, the home features an open floor plan with kitchen, dining room, living room and family room with an alcove that could serve as an office or playroom. The upper level offers a huge primary suite with vaulted ceiling, private deck and full bath. Two more bedrooms and a second full bath complete this level. Vinyl and brick exterior with open front porch. Property being sold strictly "as is" at this price. Great opportunity to get into a very desirable neighborhood of upscale homes!

Last Agent to Sell the Property

Lynn Lombardi, ABR, GRI

Fercodini Properties, Inc. License #RES.0060101 Listed on: 03/21/2024

Last Buyer's Agent

Montanna Lambrecht

Coldwell Banker Realty License #RES.0827876

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,694

Year Built

  • Built in 1995

Lot Details

  • 2.32 Acre Lot
  • Property is zoned R-30

Home Design

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

Interior Spaces

  • 2,437 Sq Ft Home
  • Open Floorplan
  • Entrance Foyer
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Garage
  • Parking Deck

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near shops

Schools

  • Tyrrell Middle School
  • Wolcott High School

Utilities

  • Central Air
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Private Company Owned Well

Listing and Financial Details

  • Assessor Parcel Number 1439442

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,694

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2437
  • Total Sq Ft: 2437
  • Year Built: 1995
  • New Construction: No/Resale
  • Nearby Amenities: Medical Facilities, Park, Shopping/Mall
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Michael Terrace, last house on right at end of cul-de-sac.
  • Financing Used: Conventional Fixed
  • In Law Apartment: No
  • Living Area Sq Ft Per Public Record: 2437
  • Street Type: Terrace
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Description: Full, Unfinished
  • Interior Amenities: Open Floor Plan
  • Appliances: Gas Range, Microwave, Refrigerator, Dishwasher
  • Additional Rooms: Foyer
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 38

Exterior Features

  • Exterior Features: Porch, Deck
  • Exterior Siding: Vinyl Siding, Brick
  • Foundation Type: Block, Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Under House Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Other
  • Water Source: Private Well
  • Sewer: Septic

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Tyrrell
  • High School: Wolcott

Lot Info

  • Acres: 2.32
  • Lot Description: In Subdivision Treed On Cul-De-Sac
  • Flood Zone: No
  • Zoning: R-30
  • Parcel #: 1439442

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 7694
  • Total Assessed Value: 241410
  • Mil Rate Total: 31.87

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Tyrrell
  • High School: Wolcott

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
May 14, 2024
Sold by
Mastrianni Geralyn D
Bought by
Murtishi Shaban
Seller's Agent
Lynn Lombardi, ABR, GRI
Fercodini Properties, Inc.
Buyer's Agent
Montanna Lambrecht
Coldwell Banker Realty
List Price
$334,500
Sold Price
$345,000
Premium/Discount to List
$10,500
3.14%
Views
145
Current Estimated Value
$440,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,072
Avg. Annual Appreciation
12.70%
Original Mortgage
$295,000
Outstanding Balance
$291,360
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$108,778
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
Murtishi Shaban $345,000 None Available
Murtishi Shaban $345,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murtishi Shaban $295,000
Closed Murtishi Shaban $50,000
Closed Murtishi Shaban $295,000
Previous Owner Mastrianni Geralyn $136,000
Previous Owner Mastrianni Geralyn $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Sold $345,000 +3.1% $142 / Sq Ft
03/21/2024 03/21/24 For Sale $334,500 -- $137 / 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 $8,674 $241,410 $62,250 $179,160
2024 $7,983 $241,410 $62,250 $179,160
2023 $7,694 $241,410 $62,250 $179,160
2022 $7,435 $241,410 $62,250 $179,160
2021 $7,293 $220,060 $61,520 $158,540
2020 $7,293 $220,060 $61,520 $158,540
2019 $7,293 $220,060 $61,520 $158,540
2018 $7,086 $220,060 $61,520 $158,540
2017 $6,881 $220,060 $61,520 $158,540
2016 $6,937 $239,960 $64,610 $175,350
2015 $6,738 $239,960 $64,610 $175,350
2014 $6,520 $239,960 $64,610 $175,350
Source: Public Records

Agents Affiliated with this Home

  • Lynn Lombardi, ABR, GRI

    Seller's Agent in 2024

    Lynn Lombardi, ABR, GRI

    Fercodini Properties, Inc.

    (203) 232-3078

    51 in this area

    76 Total Sales

    Section Image
  • Montanna Lambrecht

    Buyer's Agent in 2024

    Montanna Lambrecht

    Coldwell Banker Realty

    (860) 354-4111

    2 in this area

    18 Total Sales

    Section Image
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Map

Source: SmartMLS

MLS Number: 24005271

SmartMLS

APN: WOLC-000125-000005-000002

Connecticut New Haven County Wolcott 06716 Waterbury

38 Michael Terrace, Wolcott, CT

This home is located at 38 Michael Terrace, Wolcott, CT 06716 since 21 March 2024 and is currently estimated at $440,072, approximately $180 per square foot. This property was built in 1995. 38 Michael Terrace is a home located in New Haven County with nearby schools including Tyrrell Middle School, Wolcott High School, and Immanuel Lutheran School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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