NOT LISTED FOR SALE

498 Cornwall Bridge Rd Sharon, CT 06069

Estimated Value: $1,547,000 - $4,140,000

4 Beds
8 Baths
3,670 Sq Ft
$690/Sq Ft Est. Value

Last Sold March 26, 2015

Last sale price $2,000,000 $545 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $14,498/month

653 Days on Market

Highlights

  • Guest House
  • Horse Property
  • 45.41 Acre Lot
  • Barn
  • Home fronts a pond
  • Colonial Architecture

About This Home

As of March 2015

Magical country estate. Plum creek farm,45-ac, w/brook, 2 ponds, gardens. Home overlooks meadows & stone walls. 4 Br,3.5 Ba, custom kit, form dr, lib, large lr opens to sunroom overlooks stone terrace, gardens,& pond.Guest house/barn w/4 stalls. Perfect for horses. Features: formal tapestry garden. Japanese crabapple orchard. 2 Ponds, one with fountain. Rock & perennial gardens. Riding rink. Deer fence. Privacy. Electronic gate opener. Addition to home 2000. Exclusions: garden ornaments.

Last Agent to Sell the Property

Elyse Morris

Elyse Harney Real Estate License #REB.0789052 Listed on: 05/15/2013

Last Buyer's Agent

Katherine Weber

Keller Williams Realty Partner License #RES.0798741

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,171

Year Built

  • Built in 1987

Lot Details

  • 45.41 Acre Lot
  • Home fronts a pond
  • Home fronts a stream
  • Stone Wall
  • Lot Has A Rolling Slope
  • Garden

Home Design

  • Colonial Architecture
  • Clap Board Siding

Interior Spaces

  • 3,670 Sq Ft Home
  • 3 Fireplaces
  • Finished Attic

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Horse Property
  • Patio

Schools

  • Sharon Elementary School
  • Housatonic High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Power Generator
  • Private Company Owned Well
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Guest House
  • Barn

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,171

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 3670
  • Year Built: 1987
  • Easements Right Of Way: 40.4 ac Forest 490
  • Direct Waterfront: Yes
  • Directions: Cornwall bridge road (route 4) to #498 (no sign)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 8.00
  • Full Bathrooms: 3
  • Half Bathrooms: 5
  • Fireplaces: 3
  • Attic Description: Finished
  • Basement Description: Crawl Space, Partial
  • Interior Amenities: Cable - Available
  • Appliances: Dishwasher, Microwave, Oven/Range, Refrigerator, Wall Oven
  • Laundry Room Location: Upper Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Barn, Garden Area, Guest House, Patio, Stone Wall
  • Exterior Siding: Clapboard
  • Waterfront Description: Brook, Pond
  • Swimming Pool: No

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Green Features

  • Energy Features: Generator

Lot Info

  • Acres: 45.4100
  • Lot Description: Rolling, Professionally Landscaped
  • Property Info: Horse Property

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 10171
  • Assessor Parcel Number: 874334

MLS Schools

  • Elementary School: Sharon
  • High School: Housatonic

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2013
Closed on
Mar 26, 2015
Sold by
Power Lawrence V
Bought by
Farrar Derek L
Seller's Agent
Elyse Morris
Elyse Harney Real Estate
Buyer's Agent
Katherine Weber
Keller Williams Realty Partner
List Price
$2,375,000
Sold Price
$2,000,000
Premium/Discount to List
-$375,000
-15.79%
Current Estimated Value
$2,530,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$530,818
Avg. Annual Appreciation
2.23%
Original Mortgage
$1,400,000
Outstanding Balance
$964,228
Interest Rate
3.68%
Estimated Equity
$1,566,590
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Farrar Derek L $2,000,000 --
Farrar Derek L $2,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farrar Derek L $1,400,000
Closed Farrar Derek L $1,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2015 03/26/15 Sold $2,000,000 -15.8% $545 / Sq Ft
02/27/2015 02/27/15 Pending -- -- --
05/15/2013 05/15/13 For Sale $2,375,000 -- $647 / 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 $14,063 $1,261,230 $325,630 $935,600
2024 $13,306 $1,261,230 $325,630 $935,600
2023 $12,210 $847,890 $246,290 $601,600
2022 $12,210 $847,890 $246,290 $601,600
2021 $12,294 $847,890 $246,290 $601,600
2020 $12,210 $847,890 $246,290 $601,600
2019 $12,210 $847,890 $246,290 $601,600
2018 $12,875 $875,860 $276,660 $599,200
2017 $12,875 $875,860 $276,660 $599,200
2016 $12,468 $865,860 $276,660 $589,200
2015 $11,862 $865,860 $276,660 $589,200
2014 $11,473 $865,860 $276,660 $589,200
Source: Public Records

Agents Affiliated with this Home

  • Elyse Morris

    Seller's Agent in 2015

    Elyse Morris

    Elyse Harney Real Estate

    (860) 318-5126

    46 in this area

    249 Total Sales

    Elyse Morris
    Section Image

  • K

    Buyer's Agent in 2015

    Katherine Weber

    Keller Williams Realty Partner

See All Agents

Map

Source: SmartMLS

MLS Number: L146130

SmartMLS

APN: SHAR-000006-000067

Connecticut Litchfield County Sharon 06069

498 Cornwall Bridge Rd, Sharon, CT

Not Listed for Sale

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