NOT LISTED FOR SALE

481 Litchfield Rd New Milford, CT 06776

Estimated Value: $394,000 - $414,233

3 Beds
1 Bath
1,392 Sq Ft
$291/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $278,000 $200 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,802/month

84 Days on Market

Highlights

  • 4.3 Acre Lot
  • Attic
  • Accessible Ramps
  • Ranch Style House
  • No HOA
  • Shed

About This Home

As of August 2021

Are you looking for a great weekend retreat or year-round home? This unique mountain retreat may be just the ticket! This Ranch style home offers nearly 1400 sqft of living space on over 4 private and secluded acres in the Northville section of New Milford. It is located just minutes from the New Milford Green and convenient to all that New Milford has to offer including shopping, great restaurants, boutiques as well as Candlewood Lake. The home offers hardwood flooring throughout much of the main level and spacious rooms including a large kitchen, separate dining room, a light filled living room with lovely bay window, 3 generous sized bedrooms with plenty of closet space, a full bath with oversized shower and a family room/enclosed porch with a vaulted ceiling. Additional features include, a newer roof and gutters, oil heat and gas appliances, recently updated bathroom, lots of crown molding, attic and basement storage and more. Bring your ideas and make this home your own today! This home is being sold "as-is".

Last Agent to Sell the Property

Jillian Morais

William Raveis Real Estate License #RES.0813325 Listed on: 05/15/2021

William Raveis Real Estate

Last Buyer's Agent

Brittany Pisco, SRS

William Raveis Real Estate License #REB.0793551

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,658

Year Built

  • Built in 1961

Lot Details

  • 4.3 Acre Lot
  • Home fronts a stream
  • Sloped Lot
  • Property is zoned R40

Home Design

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

Interior Spaces

  • 1,392 Sq Ft Home
  • Ceiling Fan
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Washer
  • Gas Dryer

Attic

  • Pull Down Stairs to Attic
  • Attic or Crawl Hatchway Insulated

Basement

  • Basement Hatchway
  • Crawl Space

Parking

  • Unpaved Parking
  • Paved Parking
  • Off-Street Parking

Accessible Home Design

  • Grab Bar In Bathroom
  • Accessible Ramps

Outdoor Features

  • Shed
  • Rain Gutters

Location

  • Property is near shops

Utilities

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

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,658

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Neighborhood: Northville
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1392
  • Public Record Living Room Sq Ft: 1392
  • Total Sq Ft: 1392
  • Year Built: 1961
  • Nearby Amenities: Basketball Court, Library, Medical Facilities, Park, Shopping/Mall
  • Handicap Features: Bath Grab Bars, Ramps
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2864
  • Tax Year Updated Dt: 08/02/2021
  • Directions: GPS friendly.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic Description: Pull-Down Stairs, Crawl Space
  • Basement Description: Hatchway Access
  • Appliances: Gas Range, Refrigerator, Freezer, Washer, Gas Dryer
  • Attic: Yes
  • Street Number Modifier: 481

Exterior Features

  • Exterior Features: Gutters, Shed
  • Exterior Siding: Cedar
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Brook
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unpaved, Paved, Off Street Parking

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 4.3000
  • Lot Description: Sloping Lot
  • Zoning: R40

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 4658
  • Total Assessed Value: 166550
  • Mil Rate Base: 27.970
  • Mil Rate Total: 27.970
  • Assessor Parcel Number: 1868963

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2021
Closed on
Aug 13, 2021
Sold by
Ballard Fayolene W
Bought by
Wiede Michael
Seller's Agent
Jillian Morais
William Raveis Real Estate
Buyer's Agent
Brittany Pisco, SRS
William Raveis Real Estate
List Price
$298,000
Sold Price
$278,000
Premium/Discount to List
-$20,000
-6.71%
Current Estimated Value
$405,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,308
Avg. Annual Appreciation
9.37%
Original Mortgage
$272,964
Outstanding Balance
$248,209
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$157,099
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 Buyer Sale Price Title Company
Wiede Michael $278,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiede Michael $272,964
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2021 08/13/21 Sold $278,000 0.0% $200 / Sq Ft
08/07/2021 08/07/21 Pending -- -- --
06/07/2021 06/07/21 Price Changed $278,000 -3.5% $200 / Sq Ft
06/07/2021 06/07/21 Price Changed $288,000 -3.4% $207 / Sq Ft
05/15/2021 05/15/21 For Sale $298,000 -- $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 $8,109 $166,550 $66,730 $99,820
2024 $4,958 $166,550 $66,730 $99,820
2023 $4,827 $166,550 $66,730 $99,820
2022 $4,722 $166,550 $66,730 $99,820
2021 $4,658 $166,550 $66,730 $99,820
2020 $4,413 $153,860 $74,060 $79,800
2019 $4,416 $153,860 $74,060 $79,800
2018 $4,334 $153,860 $74,060 $79,800
2017 $4,193 $153,860 $74,060 $79,800
2016 $4,119 $153,860 $74,060 $79,800
2015 $4,299 $160,720 $74,060 $86,660
2014 $4,227 $160,720 $74,060 $86,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170398434

SmartMLS

APN: NMIL-000080-000003-000005