NOT LISTED FOR SALE

Estimated Value: $552,096 - $621,000

4 Beds
2.5 Baths
3,084 Sq Ft
$186/Sq Ft Est. Value

Last Sold January 11, 2024

Last sale price $511,000 $166 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,961/month

63 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • Patio
  • Deck
  • 1 Fireplace
  • Shed

About This Home

As of January 2024

**HIGHEST AND BEST DUE END OF DAY 11/29/2023** Experience country living at 387 Penfield Hill Road in the heart of Portland, CT. This spacious 3084 sq ft colonial home, set on a generous 1.05-acre lot, is ready for its next chapter with a new owner. It is the perfect home for you with 4 bedrooms, 2.1 bathrooms, a 2-car garage, a full basement, and a generous living area! Inside, discover inviting hardwood floors that flow through the open spaces and lead to a well-appointed kitchen featuring stainless steel appliances. Outside, the deck and patio overlook a private backyard, offering an ideal space for gatherings and relaxation. Additional highlights include a dedicated office area, central air conditioning, 2nd floor laundry, and a cozy pellet stove. This home enjoys a serene location in Portland, combining peaceful living with easy access to amenities. To explore this remarkable property, schedule your private showing today!

Last Agent to Sell the Property

Carl Guild

Carl Guild & Associates License #REB.0791933 Listed on: 09/29/2023

Carl Guild & Associates

Last Buyer's Agent

Jared Kosky

eXp Realty License #RES.0814930

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,603

Year Built

  • Built in 2001

Lot Details

  • 1.05 Acre Lot
  • Stone Wall
  • Property is zoned RR

Home Design

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

Interior Spaces

  • 3,084 Sq Ft Home
  • 1 Fireplace
  • Laundry on lower level
  • Attic

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

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

Parking

  • 2 Car Garage
  • Parking Deck

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

  • Central Air
  • Heating System Uses Oil
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement

Listing and Financial Details

  • Assessor Parcel Number 2310421

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,603

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 3084
  • Total Sq Ft: 3084
  • Year Built: 2001
  • New Construction: No/Resale
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3084
  • Directions: GPS Friendly
  • Financing Used: Conventional Fixed
  • In Law Apartment: No
  • Living Area Sq Ft Per Public Record: 3084
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full, Full With Walk-Out
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 387

Exterior Features

  • Exterior Features: Deck, Patio, Shed, Sidewalk, Stone Wall
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Acres: 1.05
  • Lot Description: Level Lot Lightly Wooded
  • Zoning: RR
  • Parcel #: 2310421

Tax Info

  • Property Tax: 8603
  • Total Assessed Value: 265020
  • Mil Rate Total: 32.46

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Jan 11, 2024
Sold by
Morgan Bobby L and Morgan Frances P
Bought by
Abate Jason and Mazzarella Carli
Seller's Agent
Carl Guild
Carl Guild & Associates
Buyer's Agent
Jared Kosky
eXp Realty
List Price
$549,900
Sold Price
$511,000
Premium/Discount to List
-$38,900
-7.07%
Total Days on Market
63
Views
337
Current Estimated Value
$575,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,024
Avg. Annual Appreciation
8.54%
Original Mortgage
$461,250
Outstanding Balance
$455,284
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$119,740
Source: Public Records

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Range of Values:

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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
Abate Jason $512,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abate Jason $461,250
Previous Owner Morgan Bobby J $199,600
Previous Owner Morgan Bobby L $244,000
Previous Owner Morgan Bobby L $53,493
Previous Owner Morgan Bobby L $278,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2024 01/11/24 Sold $511,000 +4.3% $166 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
11/20/2023 11/20/23 Price Changed $489,900 -6.7% $159 / Sq Ft
10/29/2023 10/29/23 Price Changed $525,000 -4.5% $170 / Sq Ft
09/29/2023 09/29/23 For Sale $549,900 -- $178 / 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
2024 $9,090 $265,020 $50,680 $214,340
2023 $8,603 $265,020 $50,680 $214,340
2022 $8,597 $265,020 $50,680 $214,340
2021 $8,830 $252,210 $56,280 $195,930
2020 $8,671 $252,210 $56,280 $195,930
2019 $8,527 $252,210 $56,280 $195,930
2018 $8,527 $252,210 $56,280 $195,930
2017 $8,318 $252,210 $56,280 $195,930
2016 $8,607 $264,740 $70,350 $194,390
2015 $8,562 $264,740 $70,350 $194,390
2014 $8,413 $264,740 $70,350 $194,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170601114

SmartMLS

APN: PORT-000052-000002-000004