NOT LISTED FOR SALE

5 Florence Way Farmington, CT 06032

Estimated Value: $435,529 - $486,000

3 Beds
4 Baths
2,546 Sq Ft
$180/Sq Ft Est. Value

Last Sold July 26, 2018

Last sale price $305,000 $120 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,210/month

114 Days on Market

Highlights

  • 1 Fireplace
  • End Unit
  • Attic Fan
  • West Woods Upper Elementary School Rated A
  • 1 Car Attached Garage

About This Home

As of July 2018

Rarely available. 3 brms 2 full baths 2 half baths finished basement Liv. Rm fireplace 1 car attached garage Quick Occupancy

Last Agent to Sell the Property

P. Vincent Tully

Coldwell Banker Realty License #REB.0690958 Listed on: 02/06/2018

Coldwell Banker Realty

Last Buyer's Agent

Renuka Sawant

William Raveis Real Estate License #RES.0800985

William Raveis Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,537

Year Built

  • Built in 1990

Lot Details

  • End Unit

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Attic Fan

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Noah Wallace Elementary School
  • Robbins Middle School
  • West Woods Middle School
  • Farmington High School

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Oil Above Ground
  • Cable TV Available

Community Details

Overview

  • Association fees include grounds maintenance, snow removal, property management
  • 84 Units
  • Southwest Village Community
  • Property managed by Phoenix Property

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,537

Year Built

Built in 1990

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1896
  • Public Record Living Room Sq Ft: 1896
  • Sq Ft Est Heated Below Grade: 650
  • Total Sq Ft: 2546
  • Year Built: 1990
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Directions: Rt 6 > Southwest Villiage
  • Special Features: None

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Full
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Disposal, Washer, Dryer
  • Attic: No
  • Street Number Modifier: 5

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1

Utilities

  • Cooling System: Attic Fan
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Snow Removal, Property Management
  • Complex Name: Southwest Village
  • Levels In Unit: 2
  • HOA Fees: 270
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Phoenix Property
  • Property Mgt Phone: 860-282-7733

Schools

  • Elementary School: Noah Wallace
  • Middle School: Robbins
  • High School: Farmington
  • Intermediate School: West Woods

Lot Info

  • Zoning: RDM

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 4537
  • Total Assessed Value: 175980
  • Mil Rate Total: 25.780
  • Assessor Parcel Number: 1977969

Multi Family

  • Total Num Of Units: 84

MLS Schools

  • Elementary School: Noah Wallace
  • Middle Jr High School: Robbins
  • High School: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2020
Sold by
Southwest Vlg Of Farmngtn
Bought by
Lakkapragada Srinivasa K and Chunduru Hima B
Current Estimated Value
$457,382

Purchase Details

Listed on
Feb 6, 2018
Closed on
Aug 30, 2018
Sold by
Vinayak-Kurkute Mahadu
Bought by
Kurkute Jotsna and Vinayak-Kurkute Mahadu
Seller's Agent
P. Vincent Tully
Coldwell Banker Realty
Buyer's Agent
Renuka Sawant
William Raveis Real Estate
List Price
$308,500
Sold Price
$305,000
Premium/Discount to List
-$3,500
-1.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%
Original Mortgage
$289,750
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 6, 2018
Closed on
Jul 27, 2018
Sold by
Gillies Christine L
Bought by
Kurkute Mahadu
Seller's Agent
P. Vincent Tully
Coldwell Banker Realty
Buyer's Agent
Renuka Sawant
William Raveis Real Estate
List Price
$308,500
Sold Price
$305,000
Premium/Discount to List
-$3,500
-1.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,750
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2006
Sold by
Artura Greogory M
Bought by
Gillies Christine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
6.88%
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
Lakkapragada Srinivasa K $3,000 None Available
Kurkute Jotsna -- --
Kurkute Jotsna -- --
Kurkute Mahadu $305,000 --
Kurkute Mahadu $305,000 --
Gillies Christine L $317,000 --
Gillies Christine L $317,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kurkute Mahadu $289,750
Previous Owner Gillies Christine L $208,000
Previous Owner Gillies Christine L $211,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2018 07/26/18 Sold $305,000 -1.1% $120 / Sq Ft
06/01/2018 06/01/18 For Sale $308,500 +1.1% $121 / Sq Ft
05/31/2018 05/31/18 Off Market $305,000 -- --
05/31/2018 05/31/18 Pending -- -- --
04/26/2018 04/26/18 Price Changed $308,500 -2.1% $121 / Sq Ft
02/06/2018 02/06/18 For Sale $315,000 -- $124 / 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 $6,550 $246,050 $0 $246,050
2024 $6,262 $246,050 $0 $246,050
2023 $5,957 $246,050 $0 $246,050
2022 $5,726 $195,290 $0 $195,290
2021 $5,626 $195,290 $0 $195,290
2020 $5,462 $195,290 $0 $195,290
2019 $5,462 $195,290 $0 $195,290
2018 $5,308 $195,290 $0 $195,290
2017 $4,695 $175,980 $0 $175,980
2016 $4,537 $175,980 $0 $175,980
2015 $4,401 $175,980 $0 $175,980
2014 -- $175,980 $0 $175,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170049816

SmartMLS

APN: FARM-000136-000043B-005610-000005