NOT LISTED FOR SALE

40 Old Farm Hill Rd Newtown, CT 06470

Newtown Neighborhood

Estimated Value: $758,327 - $829,000

4 Beds
3 Baths
2,700 Sq Ft
$289/Sq Ft Est. Value

Last Sold September 07, 2016

Last sale price $421,000 $156 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $5,373/month

541 Days on Market

Highlights

  • Partially Wooded Lot
  • Circular Driveway
  • Central Air
  • Hawley Elementary School Rated A
  • Thermal Windows
  • Wood Siding

About This Home

As of September 2016

Inviting updated Colonial in desirable subdivision. Paved circular driveway. Stainless steel, granite, desk, 2 pantries & custom island in eat in kitchen. Family Room w brick fireplace, columns & slider to large deck. Formal Living and Dining Rooms. Hardwood floors throughout 1st fl. Master Bedroom has walk in closet, full bath with whirlpool, and walk in attic. Finished walkout basement. Great neighborhood with 3 cul de sacs. Central location convenient to schools, shopping & I-84. House needs a little TLC but would be worth the effort. Short sale pre-approved at $417,000.

Last Agent to Sell the Property

Jill Wolowitz

Berkshire Hathaway NE Prop. License #REB.0750082 Listed on: 10/22/2014

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Joe Kapell

RE/MAX Right Choice License #RES.0349951

RE/MAX Right Choice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,814

Year Built

  • 1993

Lot Details

  • 2

Parking

  • Circular Driveway

Home Design

  • Wood Siding
  • Clap Board Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • Hawley Elementary School

Utilities

  • Central Air
  • Underground Utilities
  • Private Company Owned Well

Additional Features

  • Thermal Windows
  • Partially Wooded Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,814

Year Built

1993

Lot Details

0

Listing Details

  • Neighborhood: Newtown (156)
  • Year Built Description: Town Records
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Room Count: 9
  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
  • Laundry Room Info: First Floor
  • Attic Type: Floored, Storage Space
  • Basement Type: Full Basement With Walk-Out, Partially Finished
  • Fireplaces: 1
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Smoke Detector(s)

Exterior Features

  • Exterior Features: Underground Utilities
  • Exterior Siding: Clapboard, Wood
  • Deck Type Description: Ground Level

Garage/Parking

  • Driveway Type: Circular, Paved
  • Garages: 2
  • Parking: Attached

Utilities

  • Cooling System: Central Air
  • Heat Type: Warm Air
  • Water Source: Private Well
  • Sewer: Septic
  • Fuel Tank Description: Above Ground Tank
  • Fuel Type: Oil
  • Hot Water Fuel: Oil
  • Water Sewer Lien: Neither

Condo/Co-op/Association

  • Amenities: Private Trash Pickup

Schools

  • Elementary School: Hawley
  • Middle School: Newtown
  • High School: Newtown
  • High School: Newtown
  • Middle School: Newtown
  • Intermediate High School: Reed

Lot Info

  • Lot Description: Level Topography, Lightly Wooded, Neighborhood, Professionally Landscaped
  • Mill Rate: 33.6000
  • Mill Rate: 33.6000
  • Zoning Code: R-2
  • Assessment: 325890

Green Features

  • Energy Features: Multi Zone Heat, Thermopane Windows

Tax Info

  • Tax Year: 7/15-6/16

MLS Schools

  • Elementary School: Hawley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2014
Closed on
Sep 8, 2016
Sold by
Lotrecchiano Karen and Lotrecchiano Karen J
Bought by
Rocco Robert and Rocco Gayle
Seller's Agent
Jill Wolowitz
Berkshire Hathaway NE Prop.
Buyer's Agent
Joe Kapell
RE/MAX Right Choice
List Price
$575,000
Sold Price
$421,000
Premium/Discount to List
-$154,000
-26.78%
Total Days on Market
541
Current Estimated Value
$781,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,582
Avg. Annual Appreciation
7.39%
Original Mortgage
$378,900
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 1993
Sold by
Danziger Homes Inc
Bought by
Lotrecchiano Michael and Lotrecchiano Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
7.41%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Rocco Robert $421,000 --
Rocco Robert $421,000 --
Lotrecchiano Michael $299,000 --
Lotrecchiano Michael $299,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rocco Robert $358,000
Closed Rocco Robert $378,900
Previous Owner Lotrecchiano Michael $295,000
Previous Owner Lotrecchiano Michael $260,000
Previous Owner Lotrecchiano Michael $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2016 09/07/16 Sold $421,000 -26.8% $156 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
10/22/2014 10/22/14 For Sale $575,000 -- $213 / 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 $11,814 $438,060 $131,940 $306,120
2023 $11,495 $438,060 $131,940 $306,120
2022 $10,087 $290,930 $87,780 $203,150
2021 $10,081 $290,930 $87,780 $203,150
2020 $10,113 $290,930 $87,780 $203,150
2019 $10,116 $290,930 $87,780 $203,150
2018 $9,961 $290,930 $87,780 $203,150
2017 $11,038 $325,890 $96,250 $229,640
2016 $10,950 $325,890 $96,250 $229,640
2015 $10,777 $325,890 $96,250 $229,640
2014 $10,855 $325,890 $96,250 $229,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: F989546

SmartMLS

APN: NEWT-000025-000001-000113-000048