NOT LISTED FOR SALE

48 Summit Dr Durham, CT 06422

Estimated Value: $676,708 - $848,000

4 Beds
4 Baths
4,890 Sq Ft
$156/Sq Ft Est. Value

Last Sold July 25, 2012

Last sale price $360,000 $74 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $4,998/month

158 Days on Market

Highlights

  • Horse Property
  • Sauna
  • Open Floorplan
  • Indoor Pool
  • 2.59 Acre Lot
  • Fruit Trees

About This Home

As of July 2012

Diamond in the rough!Great buy!Price is well below assessed value&replacement cost! Great for buyer to add their own touches!Unique custom design, lots of light, almost 180degree views,small subdivison of six homes, large lot,owner/agent
indoor pool&sauna,3-4 bedrms,large deck,home is very livable-needs updates mostly kitchen&baths,great price=great opportunity!!Property includes european tielsa kitchen,custom built-ins,very impressive views,skylights,floor to ceiling fireplace,unique architect custom-designed&built,redwood-sided, generator,summit drive is private road serving 6 homes-owners pay 1/6 of snow plowing,etc.Interesting architectural details,improvements to home&$$$ spent would be inline with surrounding newer homes sold in $700s, this property has great upside!!!

Last Agent to Sell the Property

Eric Davis

Berkshire Hathaway NE Prop. License #RES.0163320 Listed on: 12/08/2011

Last Buyer's Agent

Eric Davis

Berkshire Hathaway NE Prop. License #RES.0163320 Listed on: 12/08/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,945

Year Built

  • Built in 1986

Lot Details

  • 2.59 Acre Lot
  • Level Lot
  • Fruit Trees

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • 4,890 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Sauna
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Driveway

Pool

  • Indoor Pool
  • Outdoor Pool

Outdoor Features

  • Horse Property
  • Deck

Schools

  • Brewster Elementary School
  • Strong Middle School
  • Memorial Middle School
  • Coginchaug High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Underground Utilities
  • Private Company Owned Well
  • Cable TV Available

Community Details

Overview

  • Summit Subdivision

Recreation

  • Community Indoor Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,945

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Contemporary
  • Total Sq Ft: 4890
  • Year Built: 1986
  • Easements Right Of Way: UTILITY,CONSERV
  • Direct Waterfront: No
  • Directions: Rt68to pent to left parmalee hill to right summit
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Fireplaces: 1
  • Basement Description: Full, Unfinished
  • Interior Amenities: Cable - Available, Auto Garage Door Opener, Open Floor Plan, Security System
  • Appliances: Cook Top, Dishwasher, Dryer, Wall Oven, Washer
  • Additional Rooms: Sauna
  • Laundry Room Location: First Floor
  • Attic: No

Exterior Features

  • Exterior Features: Deck, Fruit Trees, Underground Utilities
  • Exterior Siding: Wood
  • Swimming Pool: Yes
  • Pool: Indoor Pool

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Paved

Utilities

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

Schools

  • Intermediate School: Memorial

Lot Info

  • Acres: 2.5900
  • Lot Description: Level Lot
  • Property Info: Horse Property

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 13945
  • Assessor Parcel Number: 966497

MLS Schools

  • Elementary School: Brewster
  • Middle Jr High School: Strong
  • High School: Coginchaug

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2011
Closed on
Jul 25, 2012
Sold by
Davis Eric
Bought by
Baldwin Max W and Baldwin Charlene A
Seller's Agent
Eric Davis
Berkshire Hathaway NE Prop.
Buyer's Agent
Eric Davis
Berkshire Hathaway NE Prop.
List Price
$455,455
Sold Price
$360,000
Premium/Discount to List
-$95,455
-20.96%
Current Estimated Value
$761,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,427
Avg. Annual Appreciation
5.73%
Original Mortgage
$288,000
Outstanding Balance
$200,168
Interest Rate
3.74%
Estimated Equity
$561,259

Purchase Details

Closed on
Dec 24, 1998
Sold by
Soboleski Ted J and Soboleski Julie H
Bought by
Coatsworth Joseph S and Coatsworth Karen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.89%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Baldwin Max W $360,000 --
Coatsworth Joseph S $825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baldwin Max W $288,000
Previous Owner Coatsworth Joseph S $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2012 07/25/12 Sold $360,000 -21.0% $74 / Sq Ft
05/14/2012 05/14/12 Pending -- -- --
12/08/2011 12/08/11 For Sale $455,455 -- $93 / 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 $12,202 $326,340 $124,140 $202,200
2024 $11,650 $326,340 $124,180 $202,160
2023 $11,350 $326,340 $124,180 $202,160
2022 $11,282 $326,340 $124,180 $202,160
2021 $11,605 $326,340 $124,180 $202,160
2020 $11,271 $315,000 $129,010 $185,990
2019 $11,305 $315,000 $129,010 $185,990
2018 $13,051 $357,560 $129,010 $228,550
2017 $14,124 $357,560 $129,010 $228,550
2016 $12,603 $356,930 $128,380 $228,550
2015 $10,912 $323,400 $173,880 $149,520
2014 $10,743 $323,400 $173,880 $149,520
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2012

    Eric Davis

    Berkshire Hathaway Home Services

See All Agents

Map

Source: SmartMLS

MLS Number: G609175

SmartMLS

APN: DURH-000223-000500S

Connecticut Middlesex County Durham 06422

48 Summit Dr, Durham, CT

Not Listed for Sale

Detached

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