NOT LISTED FOR SALE

4 Olcott Way Farmington, CT 06032

Estimated Value: $1,814,592 - $1,919,000

4 Beds
6 Baths
7,071 Sq Ft
$265/Sq Ft Est. Value

Last Sold June 06, 2016

Last sale price $1,600,000 $226 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $12,065/month

196 Days on Market

Highlights

  • 1.84 Acre Lot
  • Open Floorplan
  • 1 Fireplace
  • East Farms School Rated A
  • Colonial Architecture
  • Cul-De-Sac

About This Home

As of June 2016

Stunning 7,071 sq. Ft. Colonial at cul de sac off mtn. Spring rd. 5Br, 4.2 Bath, wood roof, copper gutters, viking appliances, great floor plan, incredible millwork package, library, huge yard with extensive stone walls and landscaping, courtyard driveway. Lower level currently under construction and will feature a theatre room, an additional bedroom and large living areas.

Last Agent to Sell the Property

Steffen Reich

Coldwell Banker Realty License #RES.0790557 Listed on: 07/07/2015

Coldwell Banker Realty

Last Buyer's Agent

Kristen Mok

Berkshire Hathaway NE Prop. License #RES.0794096

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,937

Year Built

  • Built in 2015

Lot Details

  • 1.84 Acre Lot
  • Cul-De-Sac
  • Stone Wall
  • Sprinkler System

HOA Fees

  • $83 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Clap Board Siding
  • Cedar Siding
  • Radon Mitigation System

Interior Spaces

  • 7,071 Sq Ft Home
  • Open Floorplan
  • Central Vacuum
  • 1 Fireplace

Kitchen

  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

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

Home Security

  • Home Security System
  • Fire Suppression System

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Patio

Schools

  • East Farms Elementary School
  • Farmington High School

Utilities

  • Central Air
  • Humidifier
  • Underground Utilities
  • Propane Water Heater
  • Fuel Tank Located in Ground
  • Cable TV Available

Community Details

  • Association fees include grounds maintenance, property management, snow removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,937

Year Built

Built in 2015

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 7071
  • Year Built: 2015
  • In Law Access: Over Garage
  • In Law Apartment: Yes
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: Yes
  • Radon Mitigation Water Ynu: No
  • Directions: RT 4 TO MOUNTAIN SPRING ROAD TO OLCOTT WAY OR OLD MOUNTAIN ROAD TO MOUNTAIN SPRING ROAD TO OLCOTT WAY.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 6.00
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Fully Finished, Full With Walk-Out
  • Interior Amenities: Cable - Available, Central Vacuum, Auto Garage Door Opener, Fire Suppression System, Humidifier, Open Floor Plan, Security System
  • Appliances: Dishwasher, Disposal, Freezer, Gas Range, Gas Cooktop, Microwave, Refrigerator, Range Hood
  • Laundry Room Location: Upper Level
  • Attic: No
  • Street Number Modifier: 4

Exterior Features

  • Exterior Features: Patio, Underground Sprinkler, Stone Wall, Underground Utilities
  • Exterior Siding: Cedar, Clapboard
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 3
  • Driveway Type: Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Fuel Tank Location: In Ground
  • Hot Water Description: Propane
  • Water Source: Public Water Connected
  • Sewer: Septic
  • Electrical Amperage: 200

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Property Management, Snow Removal
  • HOA Fees: 1000
  • HOA Fee Frequency: Annually
  • HOA: No

Schools

  • Elementary School: East Farms
  • High School: Farmington

Lot Info

  • Acres: 1.8400
  • Lot Description: On Cul-De-Sac

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 4937
  • Total Assessed Value: 196700
  • Mil Rate Total: 25.100
  • Assessor Parcel Number: 2635284

MLS Schools

  • Elementary School: East Farms
  • High School: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2015
Closed on
Jun 7, 2016
Sold by
Fore Group Inc
Bought by
Kuhn Michael and Kuhn Nicole
Seller's Agent
Steffen Reich
Coldwell Banker Realty
Buyer's Agent
Kristen Mok
Berkshire Hathaway NE Prop.
List Price
$1,695,900
Sold Price
$1,600,000
Premium/Discount to List
-$95,900
-5.65%
Current Estimated Value
$1,874,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,197
Avg. Annual Appreciation
1.70%
Original Mortgage
$1,440,000
Outstanding Balance
$1,146,826
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$727,371

Purchase Details

Closed on
Apr 19, 2013
Sold by
Stoner Caputo Ent Llc
Bought by
Fore Group Inc
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
Kuhn Michael $1,600,000 --
Fore Group Inc $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuhn Michael $1,440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2016 06/06/16 Sold $1,600,000 -5.7% $226 / Sq Ft
01/19/2016 01/19/16 Pending -- -- --
07/07/2015 07/07/15 For Sale $1,695,900 -- $240 / 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 $24,895 $935,200 $240,590 $694,610
2024 $23,801 $935,200 $240,590 $694,610
2023 $22,641 $935,200 $240,590 $694,610
2022 $21,866 $745,770 $218,680 $527,090
2021 $21,486 $745,770 $218,680 $527,090
2020 $20,859 $745,770 $218,680 $527,090
2019 $20,859 $745,770 $218,680 $527,090
2018 $20,270 $745,770 $218,680 $527,090
2017 $21,500 $805,850 $231,420 $574,430
2016 $20,775 $805,850 $231,420 $574,430
2015 $14,495 $579,580 $231,420 $348,160
2014 $4,807 $196,700 $196,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: G10061328

SmartMLS

APN: FARM-000079-000000-000005A4