NOT LISTED FOR SALE

485 Elm St Monroe, CT 06468

Estimated Value: $535,000 - $602,501

5 Beds
2 Baths
2,412 Sq Ft
$236/Sq Ft Est. Value

Last Sold November 27, 2023

Last sale price $470,000 $195 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,837/month

170 Days on Market

Highlights

  • Barn
  • Colonial Architecture
  • 3 Fireplaces
  • Fawn Hollow Elementary School Rated A-
  • Attic
  • Workshop

About This Home

As of November 2023

Beautiful Historic Home in the area of town once called the "Fool's Hatch ''. It was part of the Burr Family Farm owned by noted Artists, Fannie and Jennie Burr. Their studio was located in the upper room of the barn with windows that showcased the extensive surrounding 83 acres of original farmlands. This home is situated on a level lot with extensive landscaping with an abundance of perennials and ornamental trees. The front door foyer opens to an easy flow into either the DR or to the original Keeping Room (LR). Keeping room opens to a large FR. From the FR to A den/office to the Kitchen that has access to both the den and DR. Adjacent to the kitchen is a full bath with a cast iron Lion Leg bathtub and full laundry area. There are two staircases one off the kitchen and the other in the back of the DR with all rooms in the home boasting original hardwood floors. Either Staircase will bring you to the upper level where you can find five bedrooms. A large primary bedroom with skylights for stargazing and morning sunshine. The primary is attached to a nursery that is being used as a sitting area. The other three bedrooms are a surprising ample size for the time period. There is also a walk-up attic if you want to create more living space. The back entrance of the home greets you with a huge back porch for lazy summer entertainment opportunities. Easy access to town, shopping, schools and up or down county commuting. Please see history doc and our virtual walkthrough.

Last Agent to Sell the Property

Lisa DeVellis

William Pitt Sotheby's Int'l License #RES.0769817 Listed on: 05/08/2023

William Pitt Sotheby's Int'l

Last Buyer's Agent

Lisa DeVellis

William Pitt Sotheby's Int'l License #RES.0769817 Listed on: 05/08/2023

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,831

Year Built

  • Built in 1857

Lot Details

  • 1 Acre Lot
  • Property is zoned RF1

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,412 Sq Ft Home
  • 3 Fireplaces
  • Workshop
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Gravel Driveway

Schools

  • Fawn Hollow Elementary School
  • Jockey Hollow Middle School
  • Masuk High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Hot Water Circulator

Additional Features

  • Porch
  • Property is near a golf course
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 175173

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,831

Year Built

Built in 1857

Lot Details

0

Listing Details

  • Neighborhood: Monroe Center
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2412
  • Total Sq Ft: 2412
  • Year Built: 1857
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Park, Public Pool, Public Rec Facilities, Tennis Courts
  • Remarks Public Addendum: Location has easy access to town, shopping, schools and Route 111, 110, 25, 15, 8, 34 and 59 which gives you easy up or down county commuting.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5000
  • Directions: GPS Friendly
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 2412
  • Spec Assoc Asses: No
  • Street Type: Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 11
  • Total Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 3
  • Attic Description: Walk-up
  • Basement Description: Full
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Workshop
  • Laundry Room Location: Main Level off the kitchen
  • Attic: Yes
  • Street Number Modifier: 485

Exterior Features

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

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Asphalt, Gravel
  • Garage And Parking: Barn

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Septic

Schools

  • Elementary School: Fawn Hollow
  • Middle School: Jockey Hollow
  • High School: Masuk

Lot Info

  • Acres: 1
  • Lot Description: Corner Lot Level Lot Treed Fence - Partial Professionally Landscaped
  • Zoning: RF1
  • Parcel #: 175173

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 9831
  • Total Assessed Value: 261800
  • Mil Rate Total: 37.55

MLS Schools

  • Elementary School: Fawn Hollow
  • Middle Jr High School: Jockey Hollow
  • High School: Masuk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
Nov 27, 2023
Sold by
Fraser James G
Bought by
Carrizo Carlos and Carrizo Natalie
Seller's Agent
Lisa DeVellis
William Pitt Sotheby's Int'l
Buyer's Agent
Lisa DeVellis
William Pitt Sotheby's Int'l
List Price
$575,000
Sold Price
$470,000
Premium/Discount to List
-$105,000
-18.26%
Views
503
Current Estimated Value
$562,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,719
Avg. Annual Appreciation
9.56%
Original Mortgage
$438,900
Outstanding Balance
$432,513
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$117,385

Purchase Details

Closed on
Feb 18, 1993
Sold by
Hov Donald and Hov Lee
Bought by
Fraser James and Fraser Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage
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
Carrizo Carlos $462,000 None Available
Carrizo Carlos $462,000 None Available
Fraser James $239,500 --
Fraser James $239,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carrizo Carlos $438,900
Closed Carrizo Carlos $438,900
Previous Owner Fraser James G $200,000
Previous Owner Hov Donald $200,000
Previous Owner Hov Donald $180,000
Previous Owner Hov Donald $168,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2023 11/27/23 Sold $470,000 -4.1% $195 / Sq Ft
10/30/2023 10/30/23 Pending -- -- --
09/14/2023 09/14/23 Price Changed $489,900 -2.0% $203 / Sq Ft
08/11/2023 08/11/23 Price Changed $499,900 -4.8% $207 / Sq Ft
07/05/2023 07/05/23 Price Changed $525,000 -5.4% $218 / Sq Ft
06/02/2023 06/02/23 Price Changed $555,000 -3.5% $230 / Sq Ft
05/12/2023 05/12/23 For Sale $575,000 -- $238 / 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 $9,068 $316,300 $94,500 $221,800
2024 $10,019 $261,800 $81,900 $179,900
2023 $9,831 $261,800 $81,900 $179,900
2022 $9,650 $261,800 $81,900 $179,900
2021 $11,783 $261,800 $81,900 $179,900
2020 $9,289 $261,800 $81,900 $179,900
2019 $8,279 $232,700 $86,500 $146,200
2018 $8,200 $232,700 $86,500 $146,200
2017 $8,321 $232,700 $86,500 $146,200
2016 $8,145 $232,700 $86,500 $146,200
2015 $7,993 $232,700 $86,500 $146,200
2014 $9,354 $301,630 $109,760 $191,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170568172

SmartMLS

APN: MONR-000062-000018