NOT LISTED FOR SALE

49 Poverty Hollow Rd Newtown, CT 06470

Estimated Value: $827,000 - $942,000

4 Beds
3 Baths
2,509 Sq Ft
$356/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $786,000 $313 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,764/month

34 Days on Market

Highlights

  • In Ground Pool
  • 7.73 Acre Lot
  • Deck
  • Head O'Meadow Elementary School Rated A
  • Colonial Architecture
  • Secluded Lot

About This Home

As of August 2022

Private, Tranquil, Divine - where old world meets new world - in the southwest corner of Newtown near the Redding border. As you ascend the driveway, you are greeted by a teardrop circle bordered with cobblestones and belgian blocks surrounding a center garden with an adorned hydrangea arbor and a classical fountain. Enjoy 7.73 acres of secluded sanctuary with walking paths, glacier-formed boulder bluffs, stone walls, and perennial gardens which add color and texture to a home of comfort and beauty! This unique, well-appointed 4 bed/3 full bath Colonial is a tasteful blend of old world charm and new world amenities. Exposed interior brick walls, custom trim, 8' ceilings and wood floors throughout, and a central chimney with two wood burning fireplaces - one in the family room and the other in the primary suite. The primary suite with its beamed cathedral ceiling welcomes you into a world of grandeur, tranquility, and comfort. The updated, spacious eat-in kitchen has stainless KitchenAid wall oven, stovetop/oven, dishwasher, Samsung refrigerator, and contemporary cabinets. Step out onto the expansive composite deck for the ultimate in outdoor living and entertaining with a hot tub, inground saltwater pool, shower, and firepit. The level back yard is accented with decorative trees and perennial gardens. Top-rated schools. Easy access to I-84, I-95 and the Merritt. Commute to Stamford in 50 min and NYC in under 1.5 hrs.

Last Agent to Sell the Property

Denise Taylor

Coldwell Banker Realty License #RES.0807322 Listed on: 05/16/2022

Coldwell Banker Realty

Last Buyer's Agent

Sherri Malone

Coldwell Banker Realty License #RES.0817409

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,703

Year Built

  • Built in 1986

Lot Details

  • 7.73 Acre Lot
  • Stone Wall
  • Secluded Lot
  • Cleared Lot
  • Many Trees
  • Garden
  • Property is zoned R-2

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Shingled Roof
  • HardiePlank Siding
  • Radon Mitigation System

Interior Spaces

  • 2,509 Sq Ft Home
  • 2 Fireplaces
  • French Doors

Kitchen

  • Built-In Oven
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Garage Access

Home Security

  • Home Security System
  • Smart Thermostat

Parking

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

Accessible Home Design

  • Grab Bar In Bathroom
  • Raised Toilet

Pool

  • In Ground Pool
  • Spa
  • Saltwater Pool

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Shed

Schools

  • Head O'meadow Elementary School
  • Newtown Middle School
  • Newtown High School

Utilities

  • Zoned Heating and Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Power Generator
  • Private Company Owned Well
  • Hot Water Circulator
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Insulation
  • Property is near golf course

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,703

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Neighborhood: Hattertown
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2509
  • Public Record Living Room Sq Ft: 2509
  • Total Sq Ft: 2509
  • Year Built: 1986
  • Nearby Amenities: Golf Course, Lake, Library, Medical Facilities, Park, Private School(s), Stables/Riding, Tennis Courts
  • Handicap Features: Bath Grab Bars, Raised Toilet
  • Direct Waterfront: No
  • Encumbrances Restrictions: Easements
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Yes
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5322
  • Tax Year Updated Dt: 07/13/2022
  • Directions: Off of route 302, take Key Rock to Poverty Hollow.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 2
  • Attic Description: Pull-Down Stairs, Storage Space
  • Basement Description: Full, Unfinished, Garage Access
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Cable - Pre-wired, Security System
  • Appliances: Oven/Range, Wall Oven, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: Second Floor Closet
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Home Automation: Thermostat(s)

Exterior Features

  • Exterior Features: Deck, French Doors, Garden Area, Hot Tub, Lighting, Patio, Shed, Stone Wall
  • Exterior Siding: Hardie Board
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle, Shingle
  • Swimming Pool: Yes
  • Pool: In Ground Pool, Salt Water
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Private, Circular, Crushed Stone

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard, Hot Water, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic, 50 Gallon Tank, Electric, Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Green Features

  • Energy Features: Extra Insulation, Generator

Lot Info

  • Acres: 7.7300
  • Lot Description: Cleared, Secluded, Rocky, Treed, Fence - Partial, Professionally Landscaped
  • Flood Zone: No
  • Zoning: R-2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 11703
  • Mil Rate Base: 34.670
  • Assessor Parcel Number: 203924

MLS Schools

  • Elementary School: Head O'Meadow
  • Middle Jr High School: Newtown
  • High School: Newtown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Aug 5, 2022
Sold by
Fargelli Louis R and Fargelli Rita G
Bought by
West Kerrigan
Seller's Agent
Denise Taylor
Coldwell Banker Realty
Buyer's Agent
Sherri Malone
Coldwell Banker Realty
List Price
$719,000
Sold Price
$786,000
Premium/Discount to List
$67,000
9.32%
Current Estimated Value
$893,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,710
Avg. Annual Appreciation
3.73%
Original Mortgage
$393,000
Outstanding Balance
$373,796
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$519,914

Purchase Details

Closed on
Jun 28, 2007
Sold by
Damico Michael F and Damico Raina Domevich
Bought by
Fargelli Louis R and Ghizzoni-Fargelli Rita

Purchase Details

Closed on
May 11, 1988
Sold by
Kinney Jo Ann
Bought by
Damico Michael
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
West Kerrigan $786,000 None Available
West Kerrigan $786,000 None Available
Fargelli Louis R $650,000 --
Fargelli Louis R $650,000 --
Damico Michael $316,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Kerrigan $393,000
Closed West Kerrigan $393,000
Previous Owner Damico Michael $287,000
Previous Owner Damico Michael $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2022 08/05/22 Sold $786,000 0.0% $313 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
06/07/2022 06/07/22 Off Market $786,000 -- --
05/19/2022 05/19/22 For Sale $719,000 -- $287 / Sq Ft
Source: SmartMLS

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 $13,480 $469,030 $166,650 $302,380
2024 $12,650 $469,030 $166,650 $302,380
2023 $12,307 $469,030 $166,650 $302,380
2022 $11,703 $337,540 $132,070 $205,470
2021 $11,696 $337,540 $132,070 $205,470
2020 $11,733 $337,540 $132,070 $205,470
2019 $11,736 $337,540 $132,070 $205,470
2018 $11,557 $337,540 $132,070 $205,470
2017 $12,455 $367,740 $159,510 $208,230
2016 $12,356 $367,740 $159,510 $208,230
2015 $12,161 $367,740 $159,510 $208,230
2014 $12,249 $367,740 $159,510 $208,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170491351

SmartMLS

APN: NEWT-000013-000001-000055-000010

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