$525,000
SOLD FEB 24, 2020

41 Poverty Hollow Rd Newtown, CT 06470

Newtown Neighborhood
4 Beds
4.5 Baths
3,798 Sq Ft
3.52 Acres

Recently Sold

$138 Per Sq Ft

2% Above List Price

72 Days on Market

Highlights

  • 3.52 Acre Lot
  • Cape Cod Architecture
  • Farm
  • Head O'Meadow Elementary School Rated A
  • Deck
  • Secluded Lot

About This Home

As of September 2021

Have you ever dreamed of owning a home with stunning mountain views with sunsets? Look no further, you have found it! This home is magnificent inside and out. When you enter, you’ll be greeted by a grand staircase going to second floor 2 bedrooms ...but your eyes will draw you straight to the living room with cathedral ceilings and Palladian windows hugging a stone fire place. Every room on main floor, except the Library, is connected by an over-sized NEW 1000 sqft deck where you could host parties and wow your guests with picturesque sunsets. Airy eat-in kitchen has cathedral ceilings with beams, wood-burning fireplace, granite counters and stainless appliances. Master bedroom is on main floor, has 2 walk-in closets (His & Hers), full bath with jazuzzi tub and granite top double vanity. Each bedroom in this house has it's own attached full bath! 4th bedroom is unique, because it has it's own living room and is on the other side of the house, with it's own entrance and could easily be used as an au-pair suite or a home office. Unfinished 2000 sqft basement gives an opportunity to add more living space - build your own movie theater, game room or even a bowling alley, whatever your heart desires! House is energy efficient and climate controlled through 5 zones with a Medina 25K BTU fireplace insert & a 20K BTU Generac generator to keep energy costs down. With over 3 acres of private land and always changing seasonal views, this is truly a special home!

Last Agent to Sell the Property

Kadri Graffeo

Coldwell Banker Realty License #0809428 Listed on: 08/07/2019

Coldwell Banker Realty

Last Buyer's Agent

Christina King

Connecticut Real Estate Group LLC License #RES.0805473

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,659

Year Built

  • Built in 1991

Lot Details

  • 3.52 Acre Lot
  • Stone Wall
  • Secluded Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot
  • Many Trees
  • Property is zoned R-2

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding
  • Cedar Siding
  • Radon Mitigation System

Interior Spaces

  • 3,798 Sq Ft Home
  • 2 Fireplaces
  • Mud Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • 3 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Private Driveway

Outdoor Features

  • Deck
  • Patio

Schools

  • Head O'meadow Elementary School
  • Newtown Middle School
  • Reed Middle School
  • Newtown High School

Utilities

  • Zoned Heating and Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Private Company Owned Well
  • Fuel Tank Located in Basement

Additional Features

  • Separate Entry Quarters
  • Property is near a golf course
  • Farm

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,659

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Neighborhood: Hattertown
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 3798
  • Public Record Living Room Sq Ft: 3798
  • Total Sq Ft: 3798
  • Year Built: 1991
  • Nearby Amenities: Basketball Court, Golf Course, Health Club, Playground/Tot Lot, Private School(s), Public Pool, Stables/Riding, Tennis Courts
  • In Law Access: Separate Entry
  • Remarks Public Addendum: New 1000 sqft Deck installed October 10, 2019.
  • In Law Apartment: Possible
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Yes
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 9150
  • Directions: Sugar Street -> Key Rock Rd -> Poverty Hollow Rd. OR Hattertown -> Poverty Hollow Rd. OR Dodgingtown -> Flat Swamp Rd -> Poverty Hollow Rd.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Basement Description: Full, Unfinished
  • Interior Amenities: Auto Garage Door Opener
  • Appliances: Gas Range, Microwave, Refrigerator, Dishwasher
  • Additional Rooms: Laundry Room, Mud Room
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 41

Exterior Features

  • Exterior Features: Deck, Patio, Stone Wall
  • Exterior Siding: Clapboard, Cedar, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard, Zoned
  • Heat Fuel Type: Oil, Propane
  • Fuel Tank Location: In Basement
  • Hot Water Description: 50 Gallon Tank
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Head O'Meadow
  • Middle School: Newtown
  • High School: Newtown
  • Intermediate School: Reed

Lot Info

  • Acres: 3.5200
  • Lot Description: Farm Land, Dry, Secluded, Lightly Wooded, Rolling, Treed
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R-2

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 13659
  • Total Assessed Value: 392850
  • Mil Rate Base: 34.770
  • Mil Rate Total: 34.770
  • Assessor Parcel Number: 203921

MLS Schools

  • Elementary School: Head O'Meadow
  • Middle Jr High School: Newtown
  • High School: Newtown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2021
Closed on
Sep 27, 2021
Sold by
Devito Michael J
Bought by
Spacher Daniel G
Seller's Agent
Alyse Doyle
Coldwell Banker Realty
Buyer's Agent
Connie Widmann
William Raveis Real Estate
List Price
$639,900
Sold Price
$652,500
Premium/Discount to List
$12,600
1.97%
Current Estimated Value
$982,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,886
Avg. Annual Appreciation
10.90%
Original Mortgage
$587,250
Outstanding Balance
$537,836
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$435,962

Purchase Details

Listed on
Aug 7, 2019
Closed on
Feb 21, 2020
Sold by
Mckenna Courtney B
Bought by
Devito Michael J
Seller's Agent
Kadri Graffeo
Coldwell Banker Realty
Buyer's Agent
Christina King
Connecticut Real Estate Group LLC
List Price
$515,000
Sold Price
$525,000
Premium/Discount to List
$10,000
1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.65%
Original Mortgage
$537,075
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Listed on
Apr 14, 2015
Closed on
Jul 2, 2015
Sold by
Jodi B Elliott T
Bought by
Mckenna Courtney
Seller's Agent
Barbara Adler
William Raveis Real Estate
Buyer's Agent
Tina Rao Witthoefft
William Pitt Sotheby's Int'l
List Price
$625,000
Sold Price
$615,000
Premium/Discount to List
-$10,000
-1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.34%
Original Mortgage
$553,500
Interest Rate
3.83%

Purchase Details

Closed on
Aug 2, 2010
Sold by
Hall Darric C and Hall Beverly A
Bought by
Elliott Jodi B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
4.78%

Purchase Details

Closed on
May 1, 2007
Sold by
Campbell Sullivan J and Campbell Pamela M
Bought by
Hall Darric C and Hall Beverly A
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 Type Sale Price Title Company
Warranty Deed $652,500 None Available
Warranty Deed $652,500 None Available
Warranty Deed $525,000 None Available
Warranty Deed $525,000 None Available
Deed $615,000 --
Deed $615,000 --
Warranty Deed $640,000 --
Warranty Deed $640,000 --
Warranty Deed $735,000 --
Warranty Deed $735,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $587,250 Purchase Money Mortgage
Closed $587,250 Purchase Money Mortgage
Previous Owner $537,075 VA
Previous Owner $553,500 No Value Available
Previous Owner $485,000 Adjustable Rate Mortgage/ARM
Previous Owner $544,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2021 09/27/21 Sold $652,500 +2.0% $172 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $639,900 +21.9% $168 / Sq Ft
02/24/2020 02/24/20 Sold $525,000 +1.9% $138 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $515,000 -16.3% $136 / Sq Ft
06/30/2015 06/30/15 Sold $615,000 -1.6% $162 / Sq Ft
05/31/2015 05/31/15 Pending -- -- --
04/14/2015 04/14/15 For Sale $625,000 -- $165 / 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 $15,641 $544,240 $134,820 $409,420
2024 $14,678 $544,240 $134,820 $409,420
2023 $14,281 $544,240 $134,820 $409,420
2022 $13,620 $392,850 $97,300 $295,550
2021 $13,612 $392,850 $97,300 $295,550
2020 $13,655 $392,850 $97,300 $295,550
2019 $13,659 $392,850 $97,300 $295,550
2018 $13,451 $392,850 $97,300 $295,550
2017 $15,169 $447,860 $122,670 $325,190
2016 $15,048 $447,860 $122,670 $325,190
2015 $14,811 $447,860 $122,670 $325,190
2014 $14,918 $447,860 $122,670 $325,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170224877

SmartMLS

APN: NEWT-000013-000001-000052-000006