NOT LISTED FOR SALE

496 Cypress Rd Unit 496 Newington, CT 06111

Estimated Value: $281,000 - $298,000

2 Beds
1.5 Baths
1,418 Sq Ft
$280/mo HOA Fee

Last Sold March 16, 2016

Last sale price $144,000 $102 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,149/month

112 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • 1 Fireplace
  • Ruth Chaffee School Rated 9+
  • Deck
  • Tennis Courts

About This Home

As of March 2016

FHA/CHFA APPROVED!! A GRAND LAYOUT THAT HAS BEEN METICOUISLY CARED FOR! THIS UNIT IS FILLED WITH NATURAL LIGHT THROUGHOUT! REMODELED EAT-IN KITCHEN FEATURING HIGH CEILINGS/SKYLIGHT. OPEN & AIRY LIVING ROOM/DINING ROOM. THIS LAYOUT IS A RARE FIND AND WORKS WELL FOR ENTERTAINING OR JUST ENJOYING YOUR HOME. THE LIVING ROOM LEADS TO THE VERY PRIVATE DECK OVERLOOKING NATURE. SPACIOUS BEDROOMS WITH WALK-IN CLOSETS. FULL WALKOUT BASEMENT WITH BAR AND LAUNDRY. THIS PROPERTY IS A VERY SPECIAL OFFERING!! THE UNIT IS IN THE "NEW" SECTION OF GLEN OAKS.

Last Agent to Sell the Property

Alana Wall-Galvin

Suburban Homes & Condos License #REB.0751779 Listed on: 09/21/2015

Last Buyer's Agent

Anne Thomas

Berkshire Hathaway NE Prop.

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,179

Year Built

  • Built in 1984

HOA Fees

  • $280 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,418 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Home Security System

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • Parking Deck

Outdoor Features

  • In Ground Pool
  • Deck

Schools

  • Ruth Chaffee Elementary School
  • Newington High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include grounds maintenance, property management, snow removal, trash pickup
  • 462 Units
  • Glen Oaks Community
  • Property managed by G&W MANAGEMENT

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,179

Year Built

Built in 1984

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Total Sq Ft: 1418
  • Year Built: 1984
  • Nearby Amenities: Pool, Tennis Courts
  • Association Amenities: Pool, Tennis Courts
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: BACK LANE TO COTTONWOOD TO CYPRESS ROAD.
  • Special Features: None

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Fully Finished, Full With Walk-Out
  • Interior Amenities: Open Floor Plan, Security System
  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range, Refrigerator, Washer
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: Yes
  • Pool: In Ground Pool

Garage/Parking

  • Garage Parking Info: Assigned Parking
  • Total Parking Spaces: 2

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Property Management, Snow Removal, Trash Pickup
  • Complex Name: Glen Oaks
  • HOA Fees: 280
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Manager Email: greg@gwmanagement.com
  • Property Manager Name: GREG ROBERTS
  • Property Manager Phone: 860-548-9773
  • Property Mgt Company Name: G&W MANAGEMENT
  • Property Mgt Phone: 860-548-9773

Rental Info

  • Pets Allowed Info: WEIGHT LIMIT
  • Lease Purchase: No
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 4179
  • Assessor Parcel Number: 667384

Multi Family

  • Total Num Of Units: 462

MLS Schools

  • Elementary School: Ruth Chaffee
  • High School: Newington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2015
Closed on
Mar 18, 2016
Sold by
Logrande Elizabeth A
Bought by
Lu Yi C and Chien I-Chun
Seller's Agent
Alana Wall-Galvin
Suburban Homes & Condos
Buyer's Agent
Anne Thomas
Berkshire Hathaway NE Prop.
List Price
$164,900
Sold Price
$144,000
Premium/Discount to List
-$20,900
-12.67%
Current Estimated Value
$285,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,774
Avg. Annual Appreciation
7.31%
Original Mortgage
$70,000
Outstanding Balance
$54,018
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$231,756

Purchase Details

Closed on
Jun 1, 1988
Sold by
Rossi Judith R
Bought by
Reynolds Raymond J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,900
Interest Rate
10.24%
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
Lu Yi C $144,000 --
Reynolds Raymond J $151,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Yi C $70,000
Previous Owner Reynolds Raymond J $80,000
Previous Owner Reynolds Raymond J $119,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2016 03/16/16 Sold $144,000 -12.7% $102 / Sq Ft
01/11/2016 01/11/16 Pending -- -- --
09/21/2015 09/21/15 For Sale $164,900 -- $116 / 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 $4,371 $109,330 $0 $109,330
2024 $4,337 $109,330 $0 $109,330
2023 $4,194 $109,330 $0 $109,330
2022 $4,208 $109,330 $0 $109,330
2021 $4,243 $109,330 $0 $109,330
2020 $4,378 $111,450 $0 $111,450
2019 $4,397 $111,450 $0 $111,450
2018 $4,291 $111,450 $0 $111,450
2017 $4,078 $111,450 $0 $111,450
2016 $3,984 $111,450 $0 $111,450
2014 $4,059 $116,750 $0 $116,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: G10081234

SmartMLS

APN: NEWI-000024-000078-000307