NOT LISTED FOR SALE

40 Reservoir Rd Colchester, CT 06415

Estimated Value: $255,000 - $347,000

2 Beds
1 Bath
1,703 Sq Ft
$180/Sq Ft Est. Value

Last Sold January 23, 2017

Last sale price $123,000 $72 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $2,035/month

20 Days on Market

Highlights

  • 3.8 Acre Lot
  • Cape Cod Architecture
  • Attic
  • William J. Johnston Middle School Rated A-
  • Finished Attic
  • 1 Fireplace

About This Home

As of January 2017

Excellent starter Home with lots of possibilities to make this Your Home! Lovely 2 Bedroom/1 Bathroom Cape with over 1700sqft that sits on 3.8 acres of land with an Open Floor Plan! New Roof and many new Thermopane Windows in 2013. Warm up this winter to Your Cozy Wood Burning Stove in the Family Room and a Beautiful Field Stone Fireplace in the Living Room. This Property and Home has so much to offer and less than 10 minutes to Center of Town and Route 2! Property potentially is sub dividable. Town Card states 1 Bedroom, but Town approved 2nd Bedroom on 2/2016 with 3rd Bedroom possible. Immediate Availability to Close, Move in before the Holidays! Sold "As Is", Sellers Motivated! Don't wait, this Home will not last!!

Last Agent to Sell the Property

Michael DuMouchel

Berkshire Hathaway NE Prop. License #RES.0797968 Listed on: 11/18/2016

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Elaine Muszynski

Century 21 AllPoints Realty License #REB.0490430

Century 21 AllPoints Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,480

Year Built

  • Built in 1945

Lot Details

  • 3.8 Acre Lot
  • Stone Wall
  • Corner Lot
  • Level Lot
  • Many Trees
  • Garden

Home Design

  • Cape Cod Architecture
  • Aluminum Siding

Interior Spaces

  • 1,703 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Crawl Space
  • Electric Range
  • Washer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Attic

  • Walkup Attic
  • Pull Down Stairs to Attic
  • Finished Attic
  • Partially Finished Attic

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Colchester Elementary School
  • Bacon Academy High School

Utilities

  • Baseboard Heating
  • Private Company Owned Well
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,480

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod
  • Total Sq Ft: 1703
  • Year Built: 1945
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: USE GPS or Exit 21, right off ramp, right on reservoir road, house on the left
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Finished, Partially Finished, Pull-Down Stairs, Walk-up
  • Basement Description: Crawl Space
  • Interior Amenities: Cable - Available
  • Appliances: Electric Range, Refrigerator, Washer
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 40

Exterior Features

  • Exterior Features: Porch-Enclosed, Garden Area, Patio, Stone Wall
  • Exterior Siding: Aluminum
  • Swimming Pool: No

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Colchester
  • High School: Bacon Academy

Lot Info

  • Acres: 3.8000
  • Lot Description: Corner Lot, Level Lot, Treed, Fence - Stone

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 3480
  • Total Assessed Value: 112600
  • Mil Rate Total: 30.910
  • Assessor Parcel Number: 2334206

MLS Schools

  • Elementary School: Colchester
  • High School: Bacon Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2016
Closed on
Jan 24, 2017
Sold by
Hesser Robert J
Bought by
Wheeler Colin R and Wheeler Lorna B
Seller's Agent
Michael DuMouchel
Berkshire Hathaway NE Prop.
Buyer's Agent
Elaine Muszynski
Century 21 AllPoints Realty
List Price
$139,900
Sold Price
$123,000
Premium/Discount to List
-$16,900
-12.08%
Current Estimated Value
$305,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,955
Avg. Annual Appreciation
11.00%
Original Mortgage
$98,400
Outstanding Balance
$49,594
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$256,361

Purchase Details

Closed on
Mar 3, 2008
Sold by
Est Lodi Anne and Mobblech Jeffrey
Bought by
Hesser Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,700
Interest Rate
5.8%
Source: Public Records

Range of Values:

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Average Value
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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
Wheeler Colin R $123,000 --
Hesser Robert $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheeler Colin R $98,400
Previous Owner Hesser Robert $156,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2017 01/23/17 Sold $123,000 -12.1% $72 / Sq Ft
12/08/2016 12/08/16 Pending -- -- --
11/18/2016 11/18/16 For Sale $139,900 -- $82 / 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 $4,955 $165,600 $44,300 $121,300
2024 $4,748 $165,600 $44,300 $121,300
2023 $4,508 $165,600 $44,300 $121,300
2022 $4,484 $165,600 $44,300 $121,300
2021 $3,632 $110,600 $40,800 $69,800
2020 $3,632 $110,600 $40,800 $69,800
2019 $4,425 $110,600 $40,800 $69,800
2018 $2,812 $110,600 $40,800 $69,800
2017 $2,359 $110,600 $40,800 $69,800
2016 $3,480 $112,600 $50,600 $62,000
2015 $3,454 $112,300 $50,600 $61,700
2014 $3,433 $112,300 $50,600 $61,700
Source: Public Records

Agents Affiliated with this Home

  • Michael DuMouchel

    Seller's Agent in 2017

    Michael DuMouchel

    Berkshire Hathaway Home Services

    (860) 212-9729

    40 Total Sales

    Michael DuMouchel
    Section Image

  • E

    Buyer's Agent in 2017

    Elaine Muszynski

    Century 21 AllPoints Realty

    Section Image
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Map

Source: SmartMLS

MLS Number: G10182876

SmartMLS

APN: COLC-000002-000002-000003

Connecticut New London County Colchester 06415

40 Reservoir Rd, Colchester, CT

This home is located at 40 Reservoir Rd, Colchester, CT 06415 since 18 November 2016 and is currently estimated at $305,955, approximately $179 per square foot. This property was built in 1945. 40 Reservoir Rd is a home located in New London County with nearby schools including Colchester Elementary School, Jack Jackter Intermediate School, and William J. Johnston Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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