NOT LISTED FOR SALE

40 Arrowhead Dr Monroe, CT 06468

Estimated Value: $989,000 - $1,056,000

4 Beds
3.5 Baths
4,385 Sq Ft
$234/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $755,000 $172 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,893/month

25 Days on Market

Highlights

  • Golf Course Community
  • In Ground Pool
  • Deck
  • Stepney Elementary School Rated A
  • Colonial Architecture
  • Property is near golf course, public transit, and shops

About This Home

As of April 2021

Colonial style home with more than $135,000 of improvements since 2010. The home features include: Inground pool with Patio & Deck | Possible main level in-law | 4-5 bedrooms | 3.5 bathrooms | Partly finished Lower level | Storage area with easy access to garage | 3 Car garage | kitchen with built-in custom cabinetry & Granite island | Theater room with bar | Newer Roof | New central air | New Hot water tank | New garage doors | Newer Cabinet Finish in Upstairs Bathroom | Newer Chandelier in Master Bathroom | Newer Distinctive Molding in Family Room | Newer Front Entrance Chandelier | Newer Kitchen Appliances Refrigerator, Double Oven, Warming Oven, Above Stove Microwave | Newer Lighting in Office | Newer Lighting in Office - Bathroom | Speaker System throughout All Rooms on Ground Floor Including Outside Speakers | Wood Floor in Family Room and Media Room | Wood Floor in Upstairs Hallway and in one Bedroom | Custom Closet Installations in Three Bedrooms, and Two Downstairs Coat Closets (and Shelving in Media Room Closet) | Family room | Formal living room | Office is being used as the 5th bedroom with a full bathroom along theater room | Cul Da Sac neighborhood.

Last Agent to Sell the Property

Paul Ferreira

RE/MAX Right Choice License #RES.0756087 Listed on: 02/04/2021

RE/MAX Right Choice

Co-Listed By

Steven Ferreira

RE/MAX Right Choice License #RES.0761900

Last Buyer's Agent

Robert Carter

William Raveis Real Estate License #RES.0795502

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,994

Year Built

  • Built in 1991

Lot Details

  • 2.01 Acre Lot
  • Level Lot
  • Property is zoned RF2

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Masonry Siding
  • Radon Mitigation System

Interior Spaces

  • Central Vacuum
  • Sound System
  • Ceiling Fan
  • 3 Fireplaces
  • French Doors
  • Attic or Crawl Hatchway Insulated
  • Laundry on main level

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Garage Access
  • Basement Storage

Parking

  • 3 Car Attached Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • In Ground Pool
  • Deck
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near golf course, public transit, and shops

Schools

  • Fawn Hollow Elementary School
  • Jockey Hollow Middle School
  • Masuk High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidity Control
  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Additional Features

  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,994

Year Built

Built in 1991

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Neighborhood: Stepney
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 3956
  • Public Record Living Room Sq Ft: 3956
  • Sq Ft Est Heated Below Grade: 429
  • Total Sq Ft: 4385
  • Year Built: 1991
  • Nearby Amenities: Golf Course, Library, Park, Playground/Tot Lot, Public Transportation, Shopping/Mall, Tennis Courts
  • In Law Access: First Floor
  • Association Amenities: Golf Course, Park, Playground/Tot Lot, Pool, Tennis Courts
  • Remarks Public Addendum: Installed Surround Sound System in Media Room Installed Speaker System Throughout All Rooms on Ground Floor Including Outside Speakers Installed Sound System (With Two Control Devices - one Portable) for Media Room and all Ground Floor Speakers Inst
  • In Law Apartment: Possible
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Yes
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 8338
  • Tax Year Updated Dt: 02/04/2021
  • Directions: Stanley to Hattertown to Indian Ledge to Arrowhead
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 3
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Partially Finished, Heated, Garage Access, Storage
  • Interior Amenities: Audio System, Central Vacuum
  • Appliances: Cook Top, Oven/Range, Wall Oven, Microwave, Refrigerator, Dishwasher, Disposal
  • Laundry Room Info: Main Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck, French Doors, Gutters, Lighting
  • Exterior Siding: Brick, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: Yes
  • Pool: In Ground Pool
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fans, Central Air, Zoned
  • Heat Type: Hot Water, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 40 Gallon Tank, Oil
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA Fees: 25
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Humidistat

Lot Info

  • Acres: 2.0100
  • Lot Description: Level Lot, Sloping Lot, Fence - Partial, Fence - Rail
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RF2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 14994
  • Mil Rate Base: 35.480
  • Assessor Parcel Number: 174365

MLS Schools

  • Elementary School: Fawn Hollow
  • Middle Jr High School: Jockey Hollow
  • High School: Masuk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2021
Closed on
Apr 15, 2021
Sold by
Steffens David
Bought by
Westerfeld Hella and Westerfeld Kenneth
Seller's Agent
Paul Ferreira
RE/MAX Right Choice
Buyer's Agent
Robert Carter
William Raveis Real Estate
List Price
$729,900
Sold Price
$755,000
Premium/Discount to List
$25,100
3.44%
Current Estimated Value
$1,026,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,367
Avg. Annual Appreciation
6.72%
Original Mortgage
$679,500
Outstanding Balance
$613,506
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$412,861

Purchase Details

Listed on
Oct 11, 2016
Closed on
Jan 20, 2017
Sold by
Teta Paul
Bought by
Steffens David
Seller's Agent
Paul Ferreira
RE/MAX Right Choice
Buyer's Agent
Paul Ferreira
RE/MAX Right Choice
List Price
$679,900
Sold Price
$670,000
Premium/Discount to List
-$9,900
-1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.85%
Original Mortgage
$536,000
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2014
Sold by
Parrino Catherine
Bought by
Teta Paul

Purchase Details

Closed on
Jun 28, 2010
Sold by
Mcgill Gaetana S
Bought by
Teta Paul and Perrino Catherine

Purchase Details

Closed on
Apr 7, 1992
Sold by
Jans Constr Co Inc
Bought by
Mcgill Edmund and Mcgill Gaetana
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Westerfeld Hella $755,000 None Available
Steffens David $670,000 --
Teta Paul -- --
Teta Paul -- --
Steffens David $670,000 --
Teta Paul -- --
Teta Paul -- --
Mcgill Edmund $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westerfeld Hella $679,500
Previous Owner Mcgill Edmund $536,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/19/2021 04/19/21 Sold $755,000 +3.4% $172 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $729,900 +8.9% $166 / Sq Ft
01/20/2017 01/20/17 Sold $670,000 -1.5% $153 / Sq Ft View Prior Sale
12/21/2016 12/21/16 Pending -- -- --
10/11/2016 10/11/16 For Sale $679,900 -- $155 / 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 $18,015 $628,370 $145,670 $482,700
2024 $16,173 $422,600 $122,000 $300,600
2023 $15,869 $422,600 $122,000 $300,600
2022 $15,577 $422,600 $122,000 $300,600
2021 $15,366 $422,600 $122,000 $300,600
2020 $14,994 $422,600 $122,000 $300,600
2019 $16,292 $457,900 $120,900 $337,000
2018 $16,136 $457,900 $120,900 $337,000
2017 $16,375 $457,900 $120,900 $337,000
2016 $16,027 $457,900 $120,900 $337,000
2015 $15,729 $457,900 $120,900 $337,000
2014 $16,313 $526,050 $157,500 $368,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170369952

SmartMLS

APN: MONR-000045-000012-000032