NOT LISTED FOR SALE

40 Farmstead Ln Suffield, CT 06078

Estimated Value: $782,198 - $829,000

4 Beds
2.5 Baths
3,117 Sq Ft
$260/Sq Ft Est. Value

Last Sold December 08, 2016

Last sale price $492,500 $158 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,219/month

220 Days on Market

Highlights

  • 3.04 Acre Lot
  • Open Floorplan
  • 1 Fireplace
  • Suffield Middle School Rated A-
  • Colonial Architecture
  • No HOA

About This Home

As of December 2016

Spacious home in newer neighborhood with western view situated on 3 acres. Fully finished high ceiling in full walkout lower level could be converted to an in-law suite. New high efficiency a/c unit. New high capacity gas hot water heater. New California style closets in master bedroom. Lovely 1427 sq foot finished walkout lower level 3 rooms 19x15, 15x14 13x11 plumbed for bathroom Extensive gardens and fruit trees. Over 3 acre lot that abuts extensive town open space. Numerous upgrades. Fresh newly painted. New carpet. Newly refinished floors. 4 bedrooms 2 1/2 baths. Wired for generator. Patio wired and plumbed for hot tub. 2 car garage. 2 sheds.

Last Agent to Sell the Property

Joanne Sullivan

Chestnut Oak Associates License #RES.0664500 Listed on: 03/29/2016

Last Buyer's Agent

Sally Peters

Coldwell Banker Realty License #RES.0814463

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,925

Year Built

  • Built in 2004

Lot Details

  • 3.04 Acre Lot
  • Garden

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 3,117 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Storage

Parking

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

Outdoor Features

  • Outdoor Storage
  • Rain Gutters

Schools

  • A. Ward Spaulding Elementary School
  • Pboe Middle School
  • Suffield Middle School
  • Suffield High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,925

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 3117
  • Year Built: 2004
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Route 75 to Halladay Avenue East to Melrose Lane to Farmstead Lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Fully Finished, Full With Walk-Out, Heated, Interior Access, Liveable Space, Storage
  • Interior Amenities: Cable - Available, Auto Garage Door Opener, Open Floor Plan
  • Appliances: Dishwasher, Microwave, Oven/Range, Refrigerator, Range Hood
  • Laundry Room Location: First Floor
  • Attic: No
  • Street Number Modifier: 40

Exterior Features

  • Exterior Features: Garden Area, Gutters, Storage Building
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Asphalt

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: A. Ward Spaulding
  • Middle School: PBOE
  • High School: Suffield
  • Intermediate School: Suffield

Lot Info

  • Acres: 3.0400

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 9925
  • Total Assessed Value: 357280
  • Mil Rate Total: 27.780
  • Assessor Parcel Number: 2438266

MLS Schools

  • Elementary School: A. Ward Spaulding
  • Middle Jr High School: PBOE
  • High School: Suffield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2016
Closed on
Dec 9, 2016
Sold by
Henderson James A and Henderson Laurie L
Bought by
Malehorn Nicholas L and Malehorn Colleen K
Seller's Agent
Joanne Sullivan
Chestnut Oak Associates
Buyer's Agent
Sally Peters
Coldwell Banker Realty
List Price
$599,900
Sold Price
$492,500
Premium/Discount to List
-$107,400
-17.9%
Current Estimated Value
$810,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,300
Avg. Annual Appreciation
5.82%
Original Mortgage
$394,000
Interest Rate
3.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2004
Sold by
Somerset Homes Llc
Bought by
Henderson Laurie and Henderson James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
1%
Source: Public Records

Range of Values:

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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
Malehorn Nicholas L $492,500 --
Henderson Laurie $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malehorn Nicholas L $394,000
Previous Owner Henderson Laurie $400,000
Previous Owner Henderson Laurie $417,000
Previous Owner Henderson Laurie $456,000
Previous Owner Henderson Laurie $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2016 12/08/16 Sold $492,500 -5.3% $158 / Sq Ft
11/04/2016 11/04/16 Pending -- -- --
10/12/2016 10/12/16 Price Changed $520,000 -1.0% $167 / Sq Ft
08/30/2016 08/30/16 Price Changed $525,000 -12.5% $168 / Sq Ft
03/29/2016 03/29/16 For Sale $599,900 -- $192 / 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 $11,043 $471,730 $101,220 $370,510
2024 $10,675 $471,730 $101,220 $370,510
2023 $10,088 $352,590 $101,360 $251,230
2022 $10,088 $352,590 $101,360 $251,230
2021 $10,070 $351,610 $101,360 $250,250
2020 $10,070 $351,610 $101,360 $250,250
2019 $10,098 $351,610 $101,360 $250,250
2018 $10,475 $357,280 $96,880 $260,400
2017 $10,322 $357,280 $96,880 $260,400
2016 $10,075 $357,280 $96,880 $260,400
2015 $9,925 $357,280 $96,880 $260,400
2014 $9,689 $357,280 $96,880 $260,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: G10120458

SmartMLS

APN: SUFF-000051H-000042-000023-000013