$342,500
SOLD JAN 9, 2025

42 Magnolia Ln East Berlin, CT 06023

2 Beds
1.5 Baths
1,656 Sq Ft
0.38 Acres

Recently Sold

$207 Per Sq Ft

4% Above List Price

23 Days on Market

Highlights

  • Open Floorplan
  • Property is near public transit
  • Attic
  • Richard D. Hubbard School Rated A-
  • Ranch Style House
  • 2 Fireplaces

About This Home

As of January 2025

THIS LOVELY OPEN FLOOR PLAN RANCH IS LOCATED ON A CUL-DE-SAC STREET! 1656 SQ. FT (INCLUDES 240 SQ. FT. IN LOWER LEVEL FINISHED REC ROOM) SITUATED ON A .38 ACRE WITH CITY WATER/SEWER! HUGE GREAT ROOM WITH BEAMS, FIREPLACE & BEAUTIFUL BAY WINDOW THAT OVERLOOKS BACK YARD/PATIO. EAT-IN KITCHEN W/ PANTRY, ORIGINAL FP LIVING RM CURRENTLY USED AS A DINING ROOM BUT GREAT POTENTIAL FOR TURNING THIS INTO ANOTHER BEDROOM! REST OF THE 1ST FLOOR CONSISTS OF TWO BEDROOMS, 1/2 BATH W/LAUNDRY + ANOTHER BATH W/WALK-IN SHOWER - REC ROOM IN BASEMENT - CENTRAL AIR - OIL HEAT - AWESOME FLAT YARD W/SHED THAT BACKS UP TO WOODS. HUBBARD ELEMENTARY SCHOOL IS RIGHT DOWN THE STREET - CENTRALLY LOCATED AND MINUTES TO BERLIN TPKE, RT 9, I91, BERLIN AMTRAK, HOSPITAL OF CENTRAL CT & MANY OF BERLIN'S NEWEST RESTAURANTS! ENJOY "CLARKS GROVE" WHICH IS NEXT TO THE EAST BERLIN LIBRARY & ACROSS THE STREET FROM EAST BERLIN POST OFFICE & LIBRARY!

Last Agent to Sell the Property

Chris Rose

ERA Hart Sargis-Breen License #RES.0643669 Listed on: 12/10/2024

Last Buyer's Agent

Joseph Snell

Luxe Realty LLC License #REB.0794369

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,438

Year Built

  • Built in 1959

Lot Details

  • 0.38 Acre Lot
  • Level Lot
  • Property is zoned R-11

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Central Vacuum
  • Ceiling Fan
  • 2 Fireplaces
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Patio
  • Shed
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near shops

Schools

  • Richard Hubbard Elementary School
  • Mcgee Middle School
  • Berlin High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 448229

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,438

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Neighborhood: East Berlin
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1416
  • Sq Ft Est Heated Below Grade: 240
  • Total Sq Ft: 1656
  • Year Built: 1959
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Health Club, Library, Medical Facilities, Park, Public Rec Facilities, Public Transportation, Shopping/Mall
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: RT 372 TO GROVE STREET - TAKE 1ST RIGHT ONTO MAGNOLIA LANE - 4TH HOUSE ON THE RIGHT IS #42
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 1416
  • Street Type: Lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Walk-up
  • Basement Description: Full, Partially Finished, Full With Hatchway
  • Interior Amenities: Auto Garage Door Opener, Central Vacuum, Open Floor Plan
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Laundry Room Location: 1ST FL BATHROOM
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 42

Exterior Features

  • Exterior Features: Shed, Gutters, Patio
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Driveway Type: Asphalt
  • Total Parking Spaces: 5
  • Garage And Parking: Detached Garage, Driveway

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Richard Hubbard
  • Middle School: McGee
  • High School: Berlin

Lot Info

  • Acres: 0.38
  • Lot Description: Level Lot
  • Zoning: R-11
  • Parcel #: 448229

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 5438
  • Total Assessed Value: 180000
  • Mil Rate Total: 30.21

MLS Schools

  • Elementary School: Richard Hubbard
  • Middle Jr High School: McGee
  • High School: Berlin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2024
Closed on
Jan 9, 2025
Sold by
Karoll Korey
Bought by
Mcbriarty Jared
Seller's Agent
Chris Rose
ERA Hart Sargis-Breen
Buyer's Agent
Joseph Snell
Luxe Realty LLC
List Price
$329,000
Sold Price
$342,500
Premium/Discount to List
$13,500
4.1%
Total Days on Market
23
Views
14
Current Estimated Value
$341,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,400
Avg. Annual Appreciation
-2.43%
Original Mortgage
$325,375
Outstanding Balance
$324,258
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$14,972

Purchase Details

Listed on
Jun 29, 2019
Closed on
Aug 15, 2019
Sold by
Ponte James A and Ponte Christine R
Bought by
Karoll Korey
Seller's Agent
Mary Jean Agostini
RE/MAX Right Choice
Buyer's Agent
Janice Gatzuras
Vision Real Estate
List Price
$215,000
Sold Price
$220,000
Premium/Discount to List
$5,000
2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%
Original Mortgage
$160,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $342,500 None Available
Warranty Deed $342,500 None Available
Warranty Deed $220,000 --
Warranty Deed $220,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $325,375 Purchase Money Mortgage
Closed $325,375 Purchase Money Mortgage
Previous Owner $160,000 Purchase Money Mortgage
Previous Owner $92,000 No Value Available
Previous Owner $118,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $127,958 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2025 01/09/25 Sold $342,500 +4.1% $207 / Sq Ft
01/02/2025 01/02/25 Pending -- -- --
12/10/2024 12/10/24 For Sale $329,000 +49.5% $199 / Sq Ft
08/16/2019 08/16/19 Sold $220,000 +2.3% $133 / Sq Ft
07/11/2019 07/11/19 Pending -- -- --
07/07/2019 07/07/19 For Sale $215,000 -- $130 / 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 $5,438 $180,000 $86,800 $93,200
2023 $5,321 $180,000 $86,800 $93,200
2022 $4,800 $139,900 $67,800 $72,100
2021 $4,747 $139,900 $67,800 $72,100
2020 $4,747 $139,900 $67,800 $72,100
2019 $4,747 $139,900 $67,800 $72,100
2018 $4,547 $139,900 $67,800 $72,100
2017 $4,033 $127,600 $60,100 $67,500
2016 $3,931 $127,600 $60,100 $67,500
2015 $3,873 $127,600 $60,100 $67,500
2014 $3,690 $127,600 $60,100 $67,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24063460

SmartMLS

APN: BERL-000173-000146-000038