NOT LISTED FOR SALE

498 Racebrook Rd Orange, CT 06477

Estimated Value: $615,968 - $685,000

3 Beds
2 Baths
4,842 Sq Ft
$134/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $470,000 $97 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,306/month

102 Days on Market

Highlights

  • ENERGY STAR Certified Homes
  • Ranch Style House
  • 1 Fireplace
  • Race Brook School Rated A-
  • Attic
  • No HOA

About This Home

As of November 2021

Your dream lifestyle space starts here: separate home office, car guy garage with workspaces (4 cars, 900 sq ft), art studio, music studio, home gym, accessory dwelling unit...whatever you need. This sprawling ranch is in a great area and has been given much love and care. Starting with the beautiful exterior, the manicured gardens surround the beautiful front facade with a blend of stone, brick, and clapboard. An elegant slate walkway wraps around the home between the garden and the expansive front lawn to the front entrance. The vestibule opens up to a huge living room with a fireplace. A spacious dining room has large openings on three sides that lead into the kitchen and living room. The oversized Eat-in Kitchen has a mudroom/laundry room off the back. Then there is the added bonus of the sunroom that has been converted into a Four Season Family Room with heat added and new thermal panes in the windows throughout! The original beautiful hardwood floors run throughout the home and this is all just on the first level! This owner loved to fix things and bring life back to the forgotten, from old radios to victrolas, to Model T's. The huge finished basement leads to another large workshop area. There is even a shed! The mechanicals includes a tankless hot water heater and a new furnace. The roof is just 2 years old and there are also Curtain Drains installed. This home is amazing! It is a dream home for a lot of folks. Come and see this special home, while you can!

Last Agent to Sell the Property

Richard Tabor

Berkshire Hathaway NE Prop. License #RES.0798463 Listed on: 08/19/2021

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Jill Shaw

Coldwell Banker Realty License #RES.0804870

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,356

Year Built

  • Built in 1960

Lot Details

  • 0.69 Acre Lot
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Clap Board Siding
  • Masonry Siding
  • Stone Siding

Interior Spaces

  • 1 Fireplace
  • Thermal Windows
  • Workshop
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Sump Pump
  • Crawl Space

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Additional Features

  • ENERGY STAR Certified Homes
  • Patio
  • Property is near a golf course

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,356

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 2421
  • Public Record Living Room Sq Ft: 2421
  • Sq Ft Est Heated Below Grade: 2421
  • Total Sq Ft: 4842
  • Year Built: 1960
  • Nearby Amenities: Golf Course
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5319
  • Directions: Route 34 to ace Brook Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Crawl Space
  • Basement Description: Partially Finished, Sump Pump
  • Appliances: Electric Cooktop, Electric Range, Wall Oven, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Workshop
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 498

Exterior Features

  • Exterior Features: Patio, Sidewalk
  • Exterior Siding: Clapboard, Brick, Stone
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, Detached Garage
  • Garages Number: 4

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Energy Star Rated, Thermopane Windows

Lot Info

  • Acres: 0.6900
  • Lot Description: Level Lot, Fence - Partial, Fence - Electric Pet
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: Reside

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 8356
  • Total Assessed Value: 251300
  • Mil Rate Base: 33.250
  • Mil Rate Total: 33.250
  • Assessor Parcel Number: 1302428

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Nov 29, 2021
Sold by
Mathisen Family Lt
Bought by
Ramos Louis and Febus Maria E
Seller's Agent
Richard Tabor
Berkshire Hathaway NE Prop.
Buyer's Agent
Jill Shaw
Coldwell Banker Realty
List Price
$499,900
Sold Price
$470,000
Premium/Discount to List
-$29,900
-5.98%
Current Estimated Value
$651,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,242
Avg. Annual Appreciation
8.86%
Original Mortgage
$275,000
Outstanding Balance
$252,724
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$398,518

Purchase Details

Closed on
Feb 13, 2017
Sold by
Mathisen Michael and Mathisen Bernice
Bought by
Mathisen Ft
Source: Public Records

Range of Values:

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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
Ramos Louis $470,000 None Available
Ramos Louis $470,000 None Available
Mathisen Ft -- --
Mathisen Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos Louis $275,000
Closed Ramos Louis $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $470,000 -3.1% $97 / Sq Ft
09/30/2021 09/30/21 Price Changed $484,900 -3.0% $100 / Sq Ft
08/19/2021 08/19/21 For Sale $499,900 -- $103 / 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 $10,232 $351,600 $157,500 $194,100
2024 $10,900 $351,600 $157,500 $194,100
2023 $8,120 $251,300 $115,000 $136,300
2022 $8,220 $251,300 $115,000 $136,300
2021 $8,356 $251,300 $115,000 $136,300
2020 $8,228 $251,300 $115,000 $136,300
2019 $8,190 $251,300 $115,000 $136,300
2018 $8,042 $251,300 $115,000 $136,300
2017 $8,010 $240,700 $109,300 $131,400
2016 $7,751 $240,700 $109,300 $131,400
2015 $7,558 $240,700 $109,300 $131,400
2014 $7,341 $240,700 $109,300 $131,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170430555

SmartMLS

APN: ORAN-000053-000008-000003