NOT LISTED FOR SALE

40 Westerly Terrace Colchester, CT 06415

Estimated Value: $336,000 - $363,000

3 Beds
1.5 Baths
1,672 Sq Ft
$209/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $215,000 $129 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,254/month

44 Days on Market

Highlights

  • Deck
  • Wood Burning Stove
  • Attic
  • William J. Johnston Middle School Rated A-
  • Raised Ranch Architecture
  • 1 Fireplace

About This Home

As of January 2020

Gorgeous home steeped in sunshine. Impeccably done, this bright and airy home is a delight to see. Every room is redone with exquisite taste and attention to detail. Features new windows, new flooring, new kitchen, huge finished lower level that adds 700 sqft with pellet stove and half bath and laundry. Fully fenced-in backyard keeps all your loved ones safe and secure. Enjoy the deck looking over your landscaped private back yard. Located on a quiet double cul-de-sac close to the schools and less than a mile walk to downtown.

Last Agent to Sell the Property

Mary Ann Parker

Berkshire Hathaway NE Prop. License #RES.0751665 Listed on: 11/14/2019

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Jon Arruda

William Pitt Sotheby's Int'l License #REB.0789221

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,875

Year Built

  • Built in 1975

Lot Details

  • 0.46 Acre Lot
  • Level Lot

Home Design

  • Raised Ranch Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 1 Fireplace
  • Wood Burning Stove
  • Thermal Windows
  • Pull Down Stairs to Attic
  • Laundry on lower level

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

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

Parking

  • 1 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck

Outdoor Features

  • Deck

Schools

  • Colchester Elementary School
  • Bacon Academy High School

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,875

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Raised Ranch
  • Sq Ft Est Heated Above Grade: 1000
  • Public Record Living Room Sq Ft: 1000
  • Sq Ft Est Heated Below Grade: 672
  • Total Sq Ft: 1672
  • Year Built: 1975
  • Nearby Amenities: Basketball Court, Playground/Tot Lot
  • Direct Waterfront: No
  • Home Warranty Offered: Yes
  • Public Record Gross Sq Ft: 2152
  • Directions: HALLS HILL TO PROSPECT TO LEFT ONTO WESTERLY TERR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full With Walk-Out, Fully Finished
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 40

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Aluminum
  • 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

  • Heat Type: Baseboard, Wood/Coal Stove
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Colchester
  • High School: Bacon Academy

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.4600
  • Lot Description: In Subdivision, Dry, Level Lot, Fence - Chain Link
  • Zoning: res

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 3875
  • Total Assessed Value: 118000
  • Mil Rate Base: 32.840
  • Mil Rate Total: 32.840
  • Assessor Parcel Number: 1456771

MLS Schools

  • Elementary School: Colchester
  • High School: Bacon Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2019
Closed on
Jan 27, 2020
Sold by
Odonnell
Bought by
Johnson Tajai D and Johnson Alexandra L
Seller's Agent
Mary Ann Parker
Berkshire Hathaway NE Prop.
Buyer's Agent
Jon Arruda
William Pitt Sotheby's Int'l
List Price
$219,900
Sold Price
$215,000
Premium/Discount to List
-$4,900
-2.23%
Current Estimated Value
$349,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,226
Avg. Annual Appreciation
8.90%
Original Mortgage
$211,105
Outstanding Balance
$185,835
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$163,391

Purchase Details

Closed on
Jul 18, 2011
Sold by
Damato Michael and Damato Nicholas
Bought by
Odonnell Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,327
Interest Rate
4.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2001
Sold by
Chginski Gary and Chginski Paula
Bought by
Damato Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,900
Interest Rate
7.14%

Purchase Details

Closed on
Jun 30, 1994
Sold by
Marzeotti Mark L and Marzeotti Maribeth
Bought by
Chyinski Gary R and Chyinski Paula

Purchase Details

Closed on
Oct 14, 1988
Sold by
Gravelle Patricia
Bought by
Marzeotti Mark
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
Johnson Tajai D $215,000 None Available
Odonnell Shannon $162,000 --
Damato Linda $153,900 --
Chyinski Gary R $115,000 --
Marzeotti Mark $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Tajai D $211,105
Previous Owner Marzeotti Mark $172,327
Previous Owner Marzeotti Mark $87,000
Previous Owner Marzeotti Mark $73,900
Previous Owner Marzeotti Mark $121,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $215,000 +2.4% $129 / Sq Ft
12/11/2019 12/11/19 Price Changed $209,900 -4.5% $126 / Sq Ft
11/14/2019 11/14/19 For Sale $219,900 -- $132 / 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 $4,739 $158,400 $37,700 $120,700
2024 $4,541 $158,400 $37,700 $120,700
2023 $4,312 $158,400 $37,700 $120,700
2022 $4,289 $158,400 $37,700 $120,700
2021 $4,263 $129,800 $37,700 $92,100
2020 $4,263 $129,800 $37,700 $92,100
2019 $3,875 $118,000 $37,700 $80,300
2018 $3,809 $118,000 $37,700 $80,300
2017 $3,820 $118,000 $37,700 $80,300
2016 $3,879 $125,500 $52,300 $73,200
2015 $3,860 $125,500 $52,300 $73,200
2014 $3,837 $125,500 $52,300 $73,200
Source: Public Records

Agents Affiliated with this Home

  • Mary Ann Parker

    Seller's Agent in 2020

    Mary Ann Parker

    Berkshire Hathaway Home Services

    (860) 883-9949

    59 in this area

    156 Total Sales

    Mary Ann Parker
    Section Image
  • Jon Arruda

    Buyer's Agent in 2020

    Jon Arruda

    William Pitt

    (860) 536-5900

    3 in this area

    154 Total Sales

    Jon Arruda
    Section Image
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Map

Source: SmartMLS

MLS Number: 170252147

SmartMLS

APN: COLC-000018-000000-000034

Connecticut New London County Colchester 06415

40 Westerly Terrace, Colchester, CT

This home is located at 40 Westerly Terrace, Colchester, CT 06415 since 14 November 2019 and is currently estimated at $349,226, approximately $208 per square foot. This property was built in 1975. 40 Westerly Terrace 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.

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