$265,000
SOLD JUN 26, 2019

475 Parum Rd Colchester, CT 06415

3 Beds
1.5 Baths
1,503 Sq Ft
5.5 Acres

Recently Sold

$176 Per Sq Ft

18% Below List Price

31 Days on Market

Highlights

  • 5.5 Acre Lot
  • Farm
  • Partially Wooded Lot
  • William J. Johnston Middle School Rated A-
  • Raised Ranch Architecture
  • Attic

About This Home

As of May 2024

Exceptional opportunity to own a horse farm! Morton built building with 6 stalls, wash stall, grain/tack room and indoor riding area. (This area would need new footing.) Three car garage currently consisting of 3 additional stalls and 2 run in stalls on backside. Land is level with mostly cleared of mature growth. Home has good bones but needs total rehab. Morton building and land justifies list price!

Last Agent to Sell the Property

Brenda Hill

Berkshire Hathaway NE Prop. License #RES.0309997 Listed on: 04/15/2019

Berkshire Hathaway NE Prop.

Co-Listed By

Kathe Dupuis

Berkshire Hathaway NE Prop. License #RES.0199720

Last Buyer's Agent

Sherri-Lynn Milkie

Berkshire Hathaway NE Prop. License #REB.

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,602

Year Built

  • Built in 1963

Lot Details

  • 5.5 Acre Lot
  • Partially Wooded Lot

Home Design

  • Raised Ranch Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 1,503 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Storage In Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Basement Garage
  • Tuck Under Garage

Schools

  • Bacon Academy High School

Farming

  • Farm

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,602

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Raised Ranch
  • Sq Ft Est Heated Above Grade: 1503
  • Public Record Living Room Sq Ft: 1503
  • Total Sq Ft: 1503
  • Year Built: 1963
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3230
  • Directions: Main St to Parum
  • 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: Storage Space
  • Basement Description: Full
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Attic: Yes
  • Street Number Modifier: 475

Exterior Features

  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Under House Garage
  • Garages Number: 2

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Tankless Hotwater
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Bacon Academy

Lot Info

  • Acres: 5.5000
  • Lot Description: Farm Land, Lightly Wooded
  • Zoning: res

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 7602
  • Total Assessed Value: 235500
  • Mil Rate Base: 32.280
  • Mil Rate Total: 32.280
  • Assessor Parcel Number: 1463721

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Bacon Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2023
Closed on
May 31, 2024
Sold by
Kruse Robia A
Bought by
Smith Anton L
Seller's Agent
Alexis Devlin
Coldwell Banker Realty
Buyer's Agent
Cheryl Auerbach
Berkshire Hathaway NE Prop.
List Price
$549,900
Sold Price
$420,000
Premium/Discount to List
-$129,900
-23.62%
Views
403
Current Estimated Value
$459,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,066
Avg. Annual Appreciation
5.79%
Original Mortgage
$336,000
Outstanding Balance
$332,123
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$119,243

Purchase Details

Listed on
Apr 15, 2019
Closed on
Jun 13, 2019
Sold by
Muirhead Sara D
Bought by
Semkow-Kruse Robia A
Seller's Agent
Brenda Hill
Berkshire Hathaway NE Prop.
Buyer's Agent
Sherri-Lynn Milkie
Berkshire Hathaway NE Prop.
List Price
$324,900
Sold Price
$265,000
Premium/Discount to List
-$59,900
-18.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.79%
Original Mortgage
$350,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2006
Sold by
Hill Chad and Hill Meghan
Bought by
Muirhead George and Muirhead Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,250
Interest Rate
7.3%

Purchase Details

Closed on
Oct 18, 2002
Sold by
Freehart Dara Marie
Bought by
Hill Chad and Douglas Meghan
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 $420,000 None Available
Warranty Deed $420,000 None Available
Warranty Deed $265,000 --
Warranty Deed $265,000 --
Warranty Deed $659,000 --
Warranty Deed $182,000 --
Warranty Deed $659,000 --
Warranty Deed $182,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $336,000 Purchase Money Mortgage
Closed $336,000 Purchase Money Mortgage
Previous Owner $350,000 Purchase Money Mortgage
Previous Owner $87,210 No Value Available
Previous Owner $455,000 No Value Available
Previous Owner $494,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $420,000 -16.0% $279 / Sq Ft
01/11/2024 01/11/24 Price Changed $499,900 -9.1% $333 / Sq Ft
11/28/2023 11/28/23 For Sale $549,900 +107.5% $366 / Sq Ft
06/26/2019 06/26/19 Sold $265,000 -18.4% $176 / Sq Ft
05/16/2019 05/16/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $324,900 -- $216 / 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 $6,711 $224,300 $36,600 $187,700
2024 $6,431 $224,300 $36,600 $187,700
2023 $6,105 $224,300 $36,600 $187,700
2022 $6,074 $224,300 $36,600 $187,700
2021 $7,734 $235,500 $40,400 $195,100
2020 $7,734 $235,500 $40,400 $195,100
2019 $351 $235,500 $40,400 $195,100
2018 $7,602 $235,500 $40,400 $195,100
2017 $7,623 $235,500 $40,400 $195,100
2016 $6,930 $224,200 $50,700 $173,500
2015 $6,896 $224,200 $50,700 $173,500
2014 $6,854 $224,200 $50,700 $173,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170184115

SmartMLS

APN: COLC-000003-000005-000019