NOT LISTED FOR SALE

48 Savarese Ln Burlington, CT 06013

Estimated Value: $382,000 - $420,418

3 Beds
1.5 Baths
1,516 Sq Ft
$266/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $387,700 $256 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,687/month

6 Days on Market

Highlights

  • Contemporary Architecture
  • 1 Fireplace
  • Shed
  • Lewis S. Mills High School Rated A-
  • Patio
  • Baseboard Heating

About This Home

As of August 2024

*Please note - Sellers are asking for highest and best offers by 9 pm Thursday July 18.* Neighbors refer to this 1.2 acre property situated on a quiet country street as "the home with the view". For years the owners cleared and maintained the sloping back area of this property to ensure they could continue to enjoy their million dollar view from both inside and outside this contemporary style home. A two car garage and a cozy entry area with a glass slider to the back yard was added onto the original footprint of the home. The property has a level front yard with a circular driveway. Both the eat-in kitchen (with walk-in pantry), and the attached vaulted living room with a fireplace, feature the distant views. There are 3 bedrooms and a full bathroom on the second level, as well as additional storage areas. One of the current upstairs bedrooms also houses the laundry area which was relocated from the lower level for the owner's convenience. The lower level is finished and used as a family room and extra bedroom, with a toilet and small walk-in shower. It also once had a wood stove to help heat the lower level and home. This property is part of a family trust - estate sale just awaiting final probate court approval. The trustees have limited knowledge of the home's condition. As such, the property is being sold "as is".

Last Agent to Sell the Property

Barry Faticoni

Berkshire Hathaway NE Prop. License #REB.0755943 Listed on: 07/12/2024

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Mary Joyce Cantone

Joyce Realty LLC License #RES.0098393

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,692

Year Built

  • Built in 1957

Lot Details

  • 1.2 Acre Lot
  • Property is zoned R44

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,516 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

Location

  • Property is near a golf course

Schools

  • Lake Garda Elementary School
  • Lewis Mills High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Oil
  • Private Company Owned Well
  • Fuel Tank Located in Basement

Listing and Financial Details

  • Assessor Parcel Number 497115

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,692

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Contemporary
  • Sq Ft Est Heated Above Grade: 1516
  • Total Sq Ft: 1516
  • Year Built: 1957
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Health Club, Library, Paddle Tennis, Public Rec Facilities, Tennis Courts
  • Remarks Public Addendum: The owners installed two large plastic water storage tanks, during an extended drought several years ago, to back up their well if necessary to ensure they had enough water regardless of any potential drought conditions. They are located in a separate storage area just off the entry area from the garage. Please note. The town of Burlington re-evaluated property values for their July 2024 tax year. The tax information in this listing is based on what the MLS previously received from the town and may not reflect the new values or new mill rate which has not yet been officially provided to the MLS by the town.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Rt 4 or George Washington Turnpike to Savarese Lane. Savarese lane is adjacent to the Burlington Town Green.
  • Financing Used: Conventional Fixed
  • Street Type: Lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: None
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Upper Level
  • Attic: No
  • Street Number Modifier: 48

Exterior Features

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

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Upright Tank, Tank Size Unknown
  • Water Source: Private Well
  • Sewer: Septic

Schools

  • Elementary School: Lake Garda
  • High School: Lewis Mills

Lot Info

  • Acres: 1.2
  • Lot Description: N/A
  • Zoning: R44
  • Parcel #: 497115

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 5692
  • Total Assessed Value: 219770
  • Mil Rate Total: 25.9

MLS Schools

  • Elementary School: Lake Garda
  • High School: Lewis Mills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Aug 16, 2024
Sold by
Bauer Ft and Johnson
Bought by
Zmarlicki Dominic and Bennett Jaye
Seller's Agent
Barry Faticoni
Berkshire Hathaway NE Prop.
Buyer's Agent
Mary Joyce Cantone
Joyce Realty LLC
List Price
$324,900
Sold Price
$387,700
Premium/Discount to List
$62,800
19.33%
Views
63
Current Estimated Value
$403,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,155
Avg. Annual Appreciation
4.17%
Original Mortgage
$262,700
Outstanding Balance
$260,237
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$143,618

Purchase Details

Closed on
May 30, 2014
Sold by
Bauer Arthur E and Bauer Carol M
Bought by
Johnson Jaimee B and Shafer Melinda B
Source: Public Records

Range of Values:

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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
Zmarlicki Dominic $387,700 None Available
Zmarlicki Dominic $387,700 None Available
Johnson Jaimee B -- --
Johnson Jaimee B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zmarlicki Dominic $262,700
Closed Zmarlicki Dominic $262,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $387,700 +19.3% $256 / Sq Ft
07/20/2024 07/20/24 Pending -- -- --
07/13/2024 07/13/24 For Sale $324,900 -- $214 / 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 $5,846 $219,770 $72,140 $147,630
2024 $5,692 $219,770 $72,140 $147,630
2023 $5,425 $168,490 $80,220 $88,270
2022 $5,510 $168,490 $80,220 $88,270
2021 $5,628 $168,490 $80,220 $88,270
2020 $5,611 $168,510 $80,240 $88,270
2019 $5,560 $168,490 $80,220 $88,270
2018 $5,534 $170,280 $84,250 $86,030
2017 $5,449 $170,280 $84,250 $86,030
2016 $5,381 $170,280 $84,250 $86,030
2015 $5,296 $170,280 $84,250 $86,030
2014 $5,083 $170,280 $84,250 $86,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24031125

SmartMLS

APN: BURL-000408-000000-000039