$725,000
SOLD AUG 21, 2020

40 Magellan Ln Easton, CT 06612

5 Beds
3.5 Baths
4,692 Sq Ft
3.31 Acres

Recently Sold

$155 Per Sq Ft

3% Below List Price

29 Days on Market

Highlights

  • 3.31 Acre Lot
  • Georgian Colonial Architecture
  • 1 Fireplace
  • Samuel Staples Elementary School Rated 9+
  • Attic
  • No HOA

About This Home

As of August 2020

A breath of fresh air:
Light, bright, and newly styled for 2020! Enjoy a Custom built classic Georgian Colonial subtly situated on 3.31 acres its a spacious 4700 sq.ft in a natural setting on cul-de-sac and backs to large private land. The perfect masterpiece for entertaining or large gatherings. It offers 5 bedrooms and 3.5 baths.
Gorgeous kitchen with carrara quartz & high end new Bosch appliances. House has a study/library, Huge family room with stone fireplace Living room with natural stone fireplace and, built-ins throughout. Master bedroom suite with fireplace, sitting room, dressing room, and 20ft walk-in closet. Private marble master bath. the additional 4 bedrooms share baths Jack and Jill style. Full walk out basement with high ceiling and space can be used to expand for an entertaining area or in-law. Huge deck and additional set of stairs in rear. An amazing value! This house was sold for $1.18 million in 2005, Great bargain now what an amazing value! Just 2.5 miles East to shopping, dining & commuting routes, short drive South to some of the best local produce "CT's Best Little Town" has to offer! Owner/Partner

Last Agent to Sell the Property

Aziz Seyal

William Raveis Real Estate License #REB.0758112 Listed on: 06/22/2020

William Raveis Real Estate

Last Buyer's Agent

Carol Alexander

Berkshire Hathaway NE Prop. License #RES.0762365

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,788

Year Built

  • Built in 2001

Lot Details

  • 3.31 Acre Lot
  • Level Lot
  • Property is zoned R3

Home Design

  • Georgian Colonial Architecture
  • Block Foundation
  • Frame Construction
  • Wood Shingle Roof
  • Wood Siding

Interior Spaces

  • 4,692 Sq Ft Home
  • 1 Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 3 Car Attached Garage
  • Private Driveway

Location

  • Property is near a golf course

Schools

  • Joel Barlow High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Oil Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,788

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Neighborhood: Easton Center
  • Property Type: Single Family For Sale
  • Style: Georgian Colonial
  • Sq Ft Est Heated Above Grade: 4692
  • Public Record Living Room Sq Ft: 4692
  • Total Sq Ft: 4692
  • Year Built: 2001
  • Nearby Amenities: Golf Course, Medical Facilities, Park, Private School(s)
  • In Law Apartment: Possible
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Tax Year Updated Dt: 07/06/2020
  • Directions: Sport Hill to Stepney to Judd to North to Magellan, or Route 25 to Easton TPK to Hatters-town to North to Magellan
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 11
  • Total Bedrooms: 5
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full With Walk-Out, Walk-out
  • Appliances: Cook Top, Wall Oven, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: Washer/Dryer in Laundry room on 2nd flr
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Street Number Modifier: 40

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Block
  • Roof Information: Wood Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Central Air, Zoned
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Joel Barlow

Green Features

  • Energy Features: Storm Doors, Storm Windows

Lot Info

  • Acres: 3.3100
  • Lot Description: Level Lot
  • Zoning: R3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 18788
  • Total Assessed Value: 606050
  • Mil Rate Base: 31.000
  • Mil Rate Total: 31.000
  • Assessor Parcel Number: 1946832

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Joel Barlow

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2020
Closed on
Aug 13, 2020
Sold by
Abc Real Estate Investors
Bought by
40 Magellan Llc
Seller's Agent
Aziz Seyal
William Raveis Real Estate
Buyer's Agent
Carol Alexander
Berkshire Hathaway NE Prop.
List Price
$745,000
Sold Price
$725,000
Premium/Discount to List
-$20,000
-2.68%
Total Days on Market
29
Current Estimated Value
$1,151,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,835
Avg. Annual Appreciation
9.25%

Purchase Details

Listed on
Mar 27, 2019
Closed on
Jun 3, 2019
Sold by
Us Bank Na
Bought by
Abc Real Estate Investors
Seller's Agent
Steven Rivkin
Planet Realty, LLC
Buyer's Agent
Aziz Seyal
William Raveis Real Estate
List Price
$550,000
Sold Price
$408,450
Premium/Discount to List
-$141,550
-25.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.62%

Purchase Details

Closed on
Feb 15, 2019
Sold by
Kruk Edward J Est
Bought by
Us Bank Na Tr

Purchase Details

Closed on
Jul 26, 2005
Sold by
Monda Jeffrey A and Thomas Jeffrey D
Bought by
Kruk Edward J and Kruk Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$885,000
Interest Rate
3.02%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $725,000 None Available
Warranty Deed $725,000 None Available
Warranty Deed $408,450 --
Warranty Deed $408,450 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $1,180,000 --
Warranty Deed $1,180,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $543,000 Balloon
Previous Owner $282,250 No Value Available
Previous Owner $885,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $725,000 -2.7% $155 / Sq Ft
07/22/2020 07/22/20 For Sale $745,000 0.0% $159 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
07/10/2020 07/10/20 Price Changed $745,000 -0.5% $159 / Sq Ft
06/22/2020 06/22/20 For Sale $749,000 +83.4% $160 / Sq Ft
06/28/2019 06/28/19 Pending -- -- --
06/18/2019 06/18/19 Sold $408,450 -21.8% $87 / Sq Ft
05/03/2019 05/03/19 Price Changed $522,500 -5.0% $111 / Sq Ft
03/27/2019 03/27/19 For Sale $550,000 -- $117 / 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 $18,519 $626,920 $198,870 $428,050
2023 $18,156 $626,920 $198,870 $428,050
2022 $17,730 $623,420 $198,870 $424,550
2021 $19,606 $606,050 $212,880 $393,170
2020 $18,788 $606,050 $212,880 $393,170
2019 $18,988 $606,050 $212,880 $393,170
2018 $19,018 $606,050 $212,880 $393,170
2017 $20,230 $606,050 $212,880 $393,170
2016 $18,825 $611,000 $252,260 $358,740
2015 $18,562 $611,000 $252,260 $358,740
2014 $18,176 $607,890 $252,260 $355,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170308498

SmartMLS

APN: EAST-003785C-000022-000005