NOT LISTED FOR SALE

Estimated Value: $234,000 - $243,846

1 Bed
1 Bath
710 Sq Ft
$225/mo HOA Fee

Last Sold July 21, 2023

Last sale price $195,000 $275 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,774/month

27 Days on Market

Highlights

  • Open Floorplan
  • Property is near public transit
  • Elevator
  • Deck
  • Ranch Style House
  • Public Transportation

About This Home

As of July 2023

This 1 bedroom/1 bath condominium provides a terrific opportunity to live in vibrant
downtown Branford, within walking distance to its wide selection of restaurants, shops,
Blackstone Library and the historic town green — and a 10-minute drive to New Haven, home
of Yale University, world-class museums, theaters and other cultural and culinary attractions.
Situated on the 4th floor (via elevator in secure lobby) of the Tower building, this unit has an
open floor plan comprising the living room, dining area and kitchen with eat-in bar and loads of
cabinet space. The spacious bedroom features a full bath. The separate laundry area is a
welcome convenience. The Tower also includes a community room available for parties and
other gatherings, as well as a 2nd-floor shared deck and garden. Branford and all its wonderful
amenities await you!

Last Agent to Sell the Property

Sue Woods

William Pitt Sotheby's Int'l License #RES.0757106 Listed on: 06/02/2023

William Pitt Sotheby's Int'l

Last Buyer's Agent

Stephanie Ellison

Ellison Homes Real Estate License #REB.0794155

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,848

Year Built

  • Built in 1993

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Masonry Siding
  • Masonry

Interior Spaces

  • 710 Sq Ft Home
  • Open Floorplan

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Parking Deck
  • Guest Parking
  • Visitor Parking
  • Parking Lot
  • Unassigned Parking

Outdoor Features

  • Deck
  • Exterior Lighting

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop
  • Property is near a golf course

Schools

  • Branford High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, water, property management, road maintenance
  • 49 Units
  • The Tower Community
  • Property managed by Summit Management

Amenities

  • Public Transportation
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,848

Year Built

Built in 1993

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch, Apartment
  • Sq Ft Est Heated Above Grade: 710
  • Public Record Living Room Sq Ft: 710
  • Total Sq Ft: 710
  • Year Built: 1993
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Public Rec Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Association Amenities: Elevator, Guest Parking
  • Remarks Public Addendum: BACK ON THE MARKET DUE TO BUYER UNABLE TO GET FINANCING. There is a special assessment of $600 for this unit due by October 1,2023 which will be prorated at closing. Unit will be sold "as is". Association has a one time move-in fee of $400. Condo must be owner occupied for at least 2 years before you can rent. There is a percentage of units that can be rented at one time, so there may be a wait list.
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • Encumbrances Restrictions: Renting
  • End Unit: No
  • Home Warranty Offered: No
  • Special Assessment Details: $600 by 10/1/23 - prorated at closing
  • Unit On Floor Number: 4
  • Public Record Gross Sq Ft: 710
  • Directions: GPS friendly.
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Interior Amenities: Open Floor Plan
  • Appliances: Electric Range, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: W/D in unit
  • Attic: No
  • Street Number Modifier: 49

Exterior Features

  • Exterior Features: Deck, Lighting, Sidewalk
  • Exterior Siding: Brick
  • Swimming Pool: No
  • Construction Description: Brick, Masonry

Garage/Parking

  • Garage Parking Info: Unassigned Parking, Parking Lot
  • Total Parking Spaces: 2

Utilities

  • Cooling System: Central Air
  • Heat Type: Heat Pump, Hot Air
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Water, Property Management, Road Maintenance
  • Complex Name: The Tower
  • Levels In Unit: 5
  • HOA Fees: 225
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: Yes
  • Property Management Type: Professional-Off Site
  • Property Manager Email: Info@summitpmllc.com
  • Property Manager Name: Allison Shaheen
  • Property Mgt Company Name: Summit Management
  • Property Mgt Phone: 203-800-5020

Schools

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

Lot Info

  • Lot Description: Not Applicable
  • Zoning: BC

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 2848
  • Total Assessed Value: 96700
  • Mil Rate Base: 29.450
  • Mil Rate Total: 29.450
  • Assessor Parcel Number: 1066322

Multi Family

  • Total Num Of Units: 49

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jul 21, 2023
Sold by
Jolly William A
Bought by
Gorski David F and Monaghan Kelsey
Seller's Agent
Sue Woods
William Pitt Sotheby's Int'l
Buyer's Agent
Stephanie Ellison
Ellison Homes Real Estate
List Price
$179,000
Sold Price
$195,000
Premium/Discount to List
$16,000
8.94%
Total Days on Market
27
Views
113
Current Estimated Value
$238,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,712
Avg. Annual Appreciation
10.37%
Original Mortgage
$185,250
Outstanding Balance
$181,133
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$58,546

Purchase Details

Listed on
Nov 27, 2020
Closed on
Dec 28, 2020
Sold by
Scharf Joanne
Bought by
Jolly William A and Jolly Susan
Seller's Agent
Terri St Peter
Planet Realty, LLC
Buyer's Agent
Jennifer Rose
Scalzo Real Estate
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.51%

Purchase Details

Closed on
Dec 1, 1994
Sold by
Rubin Kathleen S
Bought by
Scharf Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
8.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 1993
Sold by
Lockworks Assoc Lp
Bought by
Rubin Kathleen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,900
Interest Rate
7.54%
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
Gorski David F $195,000 None Available
Jolly William A $135,000 None Available
Scharf Joanne $67,000 --
Rubin Kathleen S $64,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorski David F $185,250
Previous Owner Rubin Kathleen S $36,500
Previous Owner Rubin Kathleen S $32,000
Previous Owner Rubin Kathleen S $62,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Sold $195,000 +8.9% $275 / Sq Ft
06/29/2023 06/29/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $179,000 +32.6% $252 / Sq Ft
01/01/2021 01/01/21 Sold $135,000 -9.9% $190 / Sq Ft
12/26/2020 12/26/20 Pending -- -- --
11/27/2020 11/27/20 For Sale $149,900 -- $211 / 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 $2,977 $139,100 $0 $139,100
2024 $2,947 $96,700 $0 $96,700
2023 $2,890 $96,700 $0 $96,700
2022 $2,848 $96,700 $0 $96,700
2021 $2,848 $96,700 $0 $96,700
2020 $2,797 $96,700 $0 $96,700
2019 $2,831 $97,400 $0 $97,400
2018 $2,790 $97,400 $0 $97,400
2017 $2,773 $97,400 $0 $97,400
2016 $2,670 $97,400 $0 $97,400
2015 $2,623 $97,400 $0 $97,400
2014 -- $99,100 $0 $99,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170573942

SmartMLS

APN: BRAN-000007E-000019-000003-000001-40