NOT LISTED FOR SALE

468 Old Waterbury Rd Southbury, CT 06488

Estimated Value: $98,406 - $239,000

1.4 Acres
$108,192 Price per Acre
60,984 Sq Ft Lot

Last Sold August 02, 2019

Last sale price $55,000 $56 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $963/month

280 Days on Market

Highlights

  • Wetlands on Lot
  • Partially Wooded Lot
  • No HOA
  • Pomperaug Regional High School Rated A-
  • Corner Lot
  • Property is near a golf course

About This Lot

As of August 2019

This property is being sold as LAND. There is a 984 square foot, 2 bedroom home on the premise; a barn as well. The home appears to have a major mold issue. Because of such, see disclosures; they must be signed as a hold harmless measure, to make sure any potential buyer has been forewarned of this health issue. It must be signed and returned to office before you can pick up keys. If the house structure is to be taken down, a preliminary check with the Town of Southbury indicates that a new home can be built on the existing footprint, but is recommended to all Potential Buyers that this premise be confirmed with the Town of Southbury. PLEASE NOTE: THIS PROPERTY HAS AN EXISTING SEPTIC AND WELL - apparently the property has a natural spring. A stream runs through the property and a small bridge must be crossed to approach the House. Please note this property is also listed under MLS 170141704.

Last Agent to Sell the Property

John Geheran

William Raveis Real Estate License #RES.0776635 Listed on: 10/09/2018

William Raveis Real Estate

Last Buyer's Agent

John Geheran

William Raveis Real Estate License #RES.0776635 Listed on: 10/09/2018

William Raveis Real Estate

Property Details

Property Type

  • Land

Lot Details

  • 1.4 Acre Lot
  • Property fronts a state road
  • Corner Lot
  • Open Lot
  • Partially Wooded Lot
  • Property is zoned R-60

Location

  • Property is near a golf course

Schools

  • Regional District 15 High School

Utilities

  • Private Water Source
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Nearby Amenities: Basketball Court, Golf Course, Library, Medical Facilities, Park, Playground/Tot Lot, Public Rec Facilities, Tennis Courts
  • Remarks Public Addendum: There will be an electronic lock box on house door. Disclosure acknowledging mold exposure must be signed before keys will be released. Face masks are available when you pick up the keys. Agents may view the property without going into the house. The
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Tax Year Updated Dt: 07/29/2019
  • Directions: Exit 15 or 16 from Route 84 to Old Waterbury Road. Property is first driveway off of Church Street.
  • Special Features: None

Exterior Features

  • Road Frontage Description: State Road, Paved Road

Utilities

  • Water Source: Private Water System
  • Sewer: Septic
  • Utilities Available: Electric, Cable
  • Septic Approval: Yes
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 1.4000
  • Lot Description: Open Lot, Some Wetlands, Corner Lot, Lightly Wooded
  • Lot Improvements: Approved Building Lot, Curb Cut(s), House(S), Barn(S)
  • Lots Number Of: 1
  • Zoning: R-60

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 3629
  • Mil Rate Base: 29.100
  • Assessor Parcel Number: 1331447

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Regional District 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2018
Closed on
Jul 10, 2019
Sold by
Banks Mark R
Bought by
Connecticut Water Co
Seller's Agent
John Geheran
William Raveis Real Estate
Buyer's Agent
John Geheran
William Raveis Real Estate
List Price
$95,000
Sold Price
$55,000
Premium/Discount to List
-$40,000
-42.11%
Current Estimated Value
$151,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,469
Avg. Annual Appreciation
17.30%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Connecticut Water Co $55,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2019 08/02/19 Sold $55,000 0.0% $56 / Sq Ft
07/11/2019 07/11/19 Off Market $55,000 -- --
10/09/2018 10/09/18 For Sale $95,000 -- $97 / 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 $1,995 $82,440 $82,440 $0
2024 $1,946 $82,440 $82,440 $0
2023 $1,855 $82,440 $82,440 $0
2022 $2,106 $73,550 $73,550 $0
2021 $2,155 $73,550 $73,550 $0
2020 $3,654 $124,710 $73,550 $51,160
2019 $3,629 $124,710 $73,550 $51,160
2018 $3,617 $124,710 $73,550 $51,160
2017 $3,780 $129,020 $76,610 $52,410
2016 $3,716 $129,020 $76,610 $52,410
2015 $3,664 $129,020 $76,610 $52,410
2014 $3,561 $129,020 $76,610 $52,410
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    John Geheran

    William Raveis Real Estate

    (203) 910-5208

    7 in this area

    13 Total Sales

    John Geheran
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Map

Source: SmartMLS

MLS Number: 170132073

SmartMLS

APN: SBUR-000040-000032-000024

Connecticut New Haven County Southbury 06488

468 Old Waterbury Rd, Southbury, CT

Not Listed for Sale

Lots

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