NOT LISTED FOR SALE

40 Great Elm Rd Sharon, CT 06069

Estimated Value: $980,000 - $1,198,000

4 Beds
3.5 Baths
2,544 Sq Ft
$418/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $649,000 $255 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $7,139/month

72 Days on Market

Highlights

  • Beach Access
  • Home fronts a pond
  • Colonial Architecture
  • Pool House
  • 2.86 Acre Lot
  • Deck

About This Home

As of December 2020

PRIVATE AND PRISTINE SHARON COLONIAL......This lovely home, located at the top of the hill in Sharon's prestigious Great Elm community, features 4 bedrooms including both a first floor and second floor ensuite master bedroom. The sunny first floor has wood floors throughout, a generous living room with fireplace and deck access, a home office or formal dining room, eat in kitchen with deck access and first floor bedroom with full bath. There are 3 more bedrooms on the second floor including another ensuite and a hall bath shared by 2 bedrooms. Current owners recently built an oversized detached 2 car garage with wood shed behind. The HOA fee covers all lawn maintenance and community landscaping as well as providing access to a beautiful oversized pool, tennis and paddle tennis. Carefree living close to the charming village of Sharon and less than 15 minutes to the Wassaic train to Grand Central Station.

Last Agent to Sell the Property

Patricia Best

William Pitt Sotheby's Int'l License #REB.0750585 Listed on: 09/08/2020

William Pitt Sotheby's Int'l

Co-Listed By

Mary Kirby

William Pitt Sotheby's Int'l License #RES.0364511

Last Buyer's Agent

Laurie Dunham

William Pitt Sotheby's Int'l License #RES.0793228

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,384

Year Built

  • Built in 1988

Lot Details

  • 2.86 Acre Lot
  • Home fronts a pond
  • Level Lot
  • Many Trees
  • Zero Lot Line

HOA Fees

  • $939 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,544 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Shared Driveway

Pool

  • Pool House
  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Beach Access
  • Deck

Location

  • Property is near a golf course

Schools

  • Sharon Center Elementary School
  • Housatonic High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,384

Year Built

Built in 1988

Lot Details

0

HOA Fees

$939 per month

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2544
  • Public Record Living Room Sq Ft: 2544
  • Total Sq Ft: 2544
  • Year Built: 1988
  • Nearby Amenities: Golf Course, Lake, Library, Medical Facilities, Private School(s), Tennis Courts
  • Association Amenities: Paddle Tennis, Pool, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Special Assessment Details: 292
  • Public Record Gross Sq Ft: 4540
  • Directions: Route 41 S, 2nd driveway past Sharon Clocktower to Gret Elm Drive
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 2
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full, Full With Hatchway
  • Interior Amenities: Auto Garage Door Opener, Cable - Available
  • Appliances: Electric Range, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 40

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Pond, Access, Beach Rights
  • Swimming Pool: Yes
  • Pool: Pool House, In Ground Pool, Heated, Gunite
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Private, Shared, Asphalt

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 2816
  • HOA Fee Frequency: Quarterly
  • HOA: Yes
  • Special Association Assessment Y: Yes
  • Property Management Type: Professional-Off Site
  • Property Manager Name: Glenn KOETZNER

Schools

  • Elementary School: Sharon Center
  • High School: Housatonic

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 2.8600
  • Lot Description: Zero Lot Line, In Subdivision, Dry, Level Lot, Treed
  • Flood Zone: No
  • Zoning: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 5384
  • Total Assessed Value: 373900
  • Mil Rate Base: 14.400
  • Mil Rate Total: 14.400
  • Assessor Parcel Number: 872685

MLS Schools

  • Elementary School: Sharon Center
  • High School: Housatonic

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
Dec 7, 2020
Sold by
Buquicchio John F and Buquicchio Portia L
Bought by
Drake Thomas W and Drake Verena B
Seller's Agent
Patricia Best
William Pitt Sotheby's Int'l
Buyer's Agent
Laurie Dunham
William Pitt Sotheby's Int'l
List Price
$695,000
Sold Price
$649,000
Premium/Discount to List
-$46,000
-6.62%
Current Estimated Value
$1,064,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,578
Avg. Annual Appreciation
8.41%
Original Mortgage
$349,000
Outstanding Balance
$312,679
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$644,403
Source: Public Records

Range of Values:

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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
Drake Thomas W $649,000 None Available
Drake Thomas W $649,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drake Thomas W $349,000
Closed Drake Thomas W $349,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2020 12/08/20 Sold $649,000 0.0% $255 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
10/14/2020 10/14/20 Price Changed $649,000 -6.6% $255 / Sq Ft
09/08/2020 09/08/20 For Sale $695,000 +58.0% $273 / Sq Ft
05/10/2012 05/10/12 Sold $440,000 -26.1% $173 / Sq Ft
04/10/2012 04/10/12 Pending -- -- --
09/27/2010 09/27/10 For Sale $595,000 -- $234 / 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 $6,662 $597,500 $218,800 $378,700
2024 $6,304 $597,500 $218,800 $378,700
2023 $5,910 $410,400 $170,000 $240,400
2022 $5,528 $383,900 $170,000 $213,900
2021 $5,422 $373,900 $170,000 $203,900
2020 $5,384 $373,900 $170,000 $203,900
2019 $5,384 $373,900 $170,000 $203,900
2018 $5,532 $376,300 $182,300 $194,000
2017 $5,508 $374,700 $182,300 $192,400
2016 $5,396 $374,700 $182,300 $192,400
2015 $5,133 $374,700 $182,300 $192,400
2014 $4,965 $374,700 $182,300 $192,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170330267

SmartMLS

APN: SHAR-000012-000035-000007