NOT LISTED FOR SALE

41 Terrace Ave Riverside, CT 06878

Estimated Value: $2,612,000 - $3,004,000

5 Beds
3.5 Baths
2,592 Sq Ft
$1,073/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $2,275,000 $878 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $15,877/month

68 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • High Ceiling
  • Riverside School Rated A+
  • 2 Fireplaces
  • Formal Dining Room

About This Home

As of December 2021

This newly renovated Riverside white colonial is an easy walk to schools and train. Built with today's life style in mind, this home offers 5 bedrooms and 3.5 baths (including luxurious master bedroom suite). Special features include: New custom kitchen with Jen Air appliances, Silestone countertops throughout kitchen & bath. Beautiful Master bedroom with luxurious master bath. Recessed lighting throughout. Custom Moldings, blue stone terrace, fenced in yard, custom mantles, gas fireplace and two car garage. Energy efficient HVAC system and nest thermostat. Custom windows & window treatments, alarm system & gas connection for outside grill. Ample parking in addition to garage. Professionally managed by Elk Homes.

Last Agent to Sell the Property

Bonnie Paolucci

Elk Homes Realty LLC License #RES.0803385 Listed on: 08/23/2021

Co-Listed By

Diane Hirsch

Elk Homes Realty LLC License #REB.0790242

Last Buyer's Agent

OUT-OF-TOWN BROKER

FOREIGN LISTING

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,873

Year Built

  • Built in 1936 | Remodeled in 2017

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced Yard
  • Level Lot
  • Property is zoned R-12

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Architectural Shingle Roof
  • Clapboard

Interior Spaces

  • 2,592 Sq Ft Home
  • High Ceiling
  • 2 Fireplaces
  • Formal Dining Room
  • Wood Flooring
  • Washer and Dryer
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Gas Available
  • Gas Water Heater

Community Details

  • Property has a Home Owners Association
  • Association fees include grounds care

Listing and Financial Details

  • Assessor Parcel Number 05-1054/S

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,873

Year Built

Built in 1936 | Remodeled in 2017

Lot Details

8,276 Sq Ft Lot

Parking

1

Listing Details

  • Prop. Type: Residential
  • Year Built: 1936
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.19
  • Co List Office Mls Id: ELKR01
  • Co List Office Phone: 914-921-9400
  • Inclusions: Washer/Dryer, All Kitchen Applncs
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Effective Year Built: 2017
  • Cooling System:Central AC: Yes
  • Included:WasherDryer: Yes
  • Lot Description:Level: Yes
  • Features:Fenced Yard: Yes
  • Features:Security System2: Yes
  • Features:Smoke Alarm: Yes
  • Entry Hall Ceilings:Extra Height: Yes
  • Lot Description:Fenced: Yes
  • Special Features: None
  • Year Renovated: 2017

Interior Features

  • Has Basement: Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Fireplace: Yes
  • Primary Bdrm Ceilings:Extra Height9: Yes
  • Primary Bth Comments:Luxury Bath: Yes
  • Living Room LevelFP:FP2: 1
  • Entry Hall Comments:Hardwood Floor: Yes
  • Family Room Ceilings:Extra Height6: Yes
  • Dining Room Comments:Formal: Yes
  • Basement Type:Unfinished: Yes
  • Living Room Ceilings:Extra Height2: Yes
  • Dining Room Ceilings:Extra Height4: Yes
  • Kitchen Ceilings:Extra Height8: Yes
  • Sngl Bdrms Ceilings:Extra Height17: Yes
  • Dbl Bdrms Ceilings:Extra Height16: Yes
  • LibraryDen Ceilings:Extra Height5: Yes

Exterior Features

  • Roof: Architectural Shngle
  • Lot Features: Fenced, Level
  • Pool Private: No
  • Exclusions: See Remarks
  • Construction Type: Clapboard
  • Roof:Architectural Shngle: Yes
  • Exterior:Clapboard: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage Door Opener
  • General Property Info:Garage Desc: Attached
  • Features:Auto Garage Door: Yes

Utilities

  • Water Source: Public
  • Cooling: Central A/C
  • Security: Security System, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Heat System:Forced Air: Yes
  • Heat Fuel:Gas: Yes
  • Water Source:Public: Yes
  • Sanitation Source:Town Sewer: Yes
  • Hot Water:Gas2: Yes
  • Gas Source:Public Utility: Yes

Condo/Co-op/Association

  • Association: Yes

Fee Information

  • Association Fee Includes: Grounds Care

Schools

  • Elementary School: Riverside
  • Middle Or Junior School: Eastern

Lot Info

  • Zoning: R-12
  • Lot Size Sq Ft: 8276.4
  • Parcel #: 05-1054/S
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12873.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2021
Closed on
Dec 15, 2021
Sold by
Elk Home Partners 3 Lp
Bought by
Phan Daniel and Phan Lauren
Seller's Agent
Bonnie Paolucci
Elk Homes Realty LLC
Buyer's Agent
OUT-OF-TOWN BROKER
FOREIGN LISTING
List Price
$2,350,000
Sold Price
$2,275,000
Premium/Discount to List
-$75,000
-3.19%
Current Estimated Value
$2,780,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,944
Avg. Annual Appreciation
4.82%
Original Mortgage
$1,820,000
Outstanding Balance
$1,666,560
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,114,384

Purchase Details

Listed on
Oct 12, 2016
Closed on
Dec 1, 2016
Sold by
Joanne Rauchfusse Lt
Bought by
Elk Home Partners 3
Seller's Agent
Ellen Mosher
Houlihan Lawrence
Buyer's Agent
Diane Hirsch
Elk Homes Realty LLC
List Price
$1,495,000
Sold Price
$1,450,000
Premium/Discount to List
-$45,000
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%
Original Mortgage
$1,015,000
Interest Rate
3.57%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Phan Daniel $2,275,000 None Available
Phan Daniel $2,275,000 None Available
Elk Home Partners 3 $1,450,000 --
Elk Home Partners 3 $1,450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phan Daniel $1,820,000
Closed Phan Daniel $1,820,000
Previous Owner Elk Home Partners 3 $1,015,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2024 09/01/24 Off Market $11,250 -- --
09/01/2024 09/01/24 Off Market $10,500 -- --
09/01/2024 09/01/24 Off Market $10,500 -- --
12/15/2021 12/15/21 Sold $2,275,000 -3.2% $878 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $2,350,000 0.0% $907 / Sq Ft
04/21/2020 04/21/20 Rented $10,500 -4.5% --
04/21/2020 04/21/20 Under Contract -- -- --
04/16/2020 04/16/20 For Rent $11,000 +4.8% --
06/07/2018 06/07/18 Rented $10,500 -3.7% --
06/07/2018 06/07/18 Under Contract -- -- --
04/24/2018 04/24/18 For Rent $10,900 -3.1% --
01/22/2018 01/22/18 Rented $11,250 +13.1% --
01/22/2018 01/22/18 Under Contract -- -- --
11/22/2017 11/22/17 For Rent $9,950 0.0% --
12/01/2016 12/01/16 Sold $1,450,000 -3.0% $610 / Sq Ft View Prior Sale
11/01/2016 11/01/16 Pending -- -- --
10/12/2016 10/12/16 For Sale $1,495,000 -- $629 / Sq Ft
Source: Greenwich Association of REALTORS®

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 $14,983 $1,212,330 $780,080 $432,250
2024 $14,470 $1,212,330 $780,080 $432,250
2023 $14,107 $1,212,330 $780,080 $432,250
2022 $13,978 $1,212,330 $780,080 $432,250
2021 $12,873 $1,069,180 $644,560 $424,620
2020 $12,852 $1,069,180 $644,560 $424,620
2019 $12,980 $1,069,180 $644,560 $424,620
2018 $10,317 $834,050 $644,560 $189,490
2017 $9,934 $826,490 $644,560 $181,930
2016 $9,777 $826,490 $644,560 $181,930
2015 $8,726 $731,780 $609,910 $121,870
2014 $8,507 $731,780 $609,910 $121,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greenwich Association of REALTORS®

MLS Number: 114147

Greenwich Association of REALTORS®

APN: GREE-000005-000000-001054-S000000

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