NOT LISTED FOR SALE

40 Murphy Rd Bantam, CT 06750

Estimated Value: $362,000 - $501,000

4 Beds
2.5 Baths
1,170 Sq Ft
$350/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $322,000 $275 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,503/month

67 Days on Market

Highlights

  • 3.06 Acre Lot
  • Partially Wooded Lot
  • 2 Fireplaces
  • Litchfield High School Rated 10
  • Attic
  • No HOA

About This Home

As of June 2022

Private House with many possibilities - single-family, house with in-law apartment or two-family. Main Floor includes 3 Bedrooms, 1.5 Baths, Eat-in Kitchen, Living Room with Fireplace and Deck. Walk-out Lower Level includes 1 Bedroom, 1 Bath, Kitchen and Living Room with Fireplace. Large Yard with 2 Sheds, Gardens and Fire Pit. Tenant in place, currently rents whole house, moving out June 1st. Also listed as a single-family 170477247.
HIGHEST & BEST BY WEDNESDAY 4-6-22 AT 12PM.

Last Agent to Sell the Property

Jamie Marcoux

Klemm Real Estate Inc License #RES.0777441 Listed on: 03/28/2022

Last Buyer's Agent

Pedro Echevarria

KW Legacy Partners License #RES.0817427

KW Legacy Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,906

Year Built

  • Built in 1971

Lot Details

  • 3.06 Acre Lot
  • Partially Wooded Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,170 Sq Ft Home
  • 2 Fireplaces
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Apartment Living Space in Basement

Parking

  • 1 Car Garage
  • Basement Garage
  • Tuck Under Garage

Schools

  • Center Elementary School
  • Litchfield High School

Utilities

  • Mini Split Air Conditioners
  • Baseboard Heating
  • Shared Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,906

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Neighborhood: Bantam
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 1170
  • Public Record Living Room Sq Ft: 1170
  • Total Sq Ft: 1170
  • Year Built: 1971
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 2508
  • Tax Year Updated Dt: 03/28/2022
  • Directions: Rt. 202 to Cathole Rd to Murphy Rd
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full, Walk-out, Apartment
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Under House Garage
  • Garages Number: 1

Utilities

  • Cooling System: Split System
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Shared Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 3.0600
  • Lot Description: Lightly Wooded
  • Zoning: Boro 1

Multi Family

  • Unit Count: 2
  • Total Multi Family: 8
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 3906
  • Mil Rate Base: 27.600
  • Mil Rate Tax District: 1.500
  • Assessor Parcel Number: 822028

MLS Schools

  • Elementary School: Center
  • High School: Litchfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2022
Closed on
Jun 3, 2022
Sold by
Petersen Justin C
Bought by
Reynolds Anju G and Reynolds Levi B
Seller's Agent
Jamie Marcoux
Klemm Real Estate Inc
Buyer's Agent
Pedro Echevarria
KW Legacy Partners
List Price
$324,900
Sold Price
$322,000
Premium/Discount to List
-$2,900
-0.89%
Current Estimated Value
$409,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,619
Avg. Annual Appreciation
6.97%
Original Mortgage
$280,500
Outstanding Balance
$265,716
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$143,903

Purchase Details

Closed on
Aug 21, 2014
Sold by
Fitzgerald Miranda
Bought by
Petersen Justin

Purchase Details

Listed on
May 20, 2013
Closed on
Aug 26, 2013
Sold by
Petersen Justin C
Bought by
Petersen Justin C and Fitzgerald Miranda
Seller's Agent
JUDITH HAMMER
Gooseboro Realty
List Price
$239,900
Sold Price
$220,000
Premium/Discount to List
-$19,900
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%
Original Mortgage
$216,015
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 1997
Sold by
Murphy Ed
Bought by
Swanson Richard
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Reynolds Anju G $330,000 None Available
Petersen Justin -- --
Petersen Justin C -- --
Petersen Justin C $220,000 --
Swanson Richard $124,000 --
Swanson Richard $124,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Anju G $280,500
Previous Owner Swanson Richard $217,000
Previous Owner Swanson Richard $216,015
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2022 06/06/22 Pending -- -- --
06/03/2022 06/03/22 Sold $322,000 -0.9% $275 / Sq Ft
03/28/2022 03/28/22 For Sale $324,900 +47.7% $278 / Sq Ft
08/26/2013 08/26/13 Sold $220,000 0.0% $112 / Sq Ft View Prior Sale
08/26/2013 08/26/13 Sold $220,000 -8.3% $188 / Sq Ft View Prior Sale
06/27/2013 06/27/13 Pending -- -- --
06/27/2013 06/27/13 Pending -- -- --
05/20/2013 05/20/13 For Sale $239,900 0.0% $205 / Sq Ft
03/18/2013 03/18/13 For Sale $239,900 -- $122 / 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 $4,285 $202,110 $83,150 $118,960
2024 $3,982 $202,110 $83,150 $118,960
2023 $3,785 $134,230 $47,730 $86,500
2022 $3,799 $134,230 $47,730 $86,500
2021 $3,906 $134,230 $47,730 $86,500
2020 $3,920 $134,230 $47,730 $86,500
2019 $3,987 $134,230 $47,730 $86,500
2018 $4,293 $147,030 $57,130 $89,900
2017 $4,279 $147,030 $57,130 $89,900
2016 $4,146 $147,030 $57,130 $89,900
2015 $3,852 $147,030 $57,130 $89,900
2014 $3,852 $147,030 $57,130 $89,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jamie Marcoux

    Klemm Real Estate Inc

    (860) 309-2297

    6 in this area

    39 Total Sales

    Jamie Marcoux
    Section Image

  • P

    Buyer's Agent in 2022

    Pedro Echevarria

    KW Legacy Partners

    (201) 212-7531

    1 in this area

    66 Total Sales

    Pedro Echevarria
    Section Image

  • J

    Seller's Agent in 2013

    JUDITH HAMMER

    Gooseboro Realty

    Section Image
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Map

Source: SmartMLS

MLS Number: 170477251

SmartMLS

APN: LITC-000175-000072-000023C

Connecticut Litchfield County Bantam 06750

40 Murphy Rd, Bantam, CT

Not Listed for Sale

MultiFamily

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