NOT LISTED FOR SALE

5 Lakeview Terrace Westbrook, CT 06498

Estimated Value: $506,000 - $568,000

3 Beds
2.5 Baths
1,522 Sq Ft
$350/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $407,500 $268 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,274/month

21 Days on Market

Highlights

  • Water Views
  • Guest House
  • 0.94 Acre Lot
  • Westbrook Middle School Rated A-
  • Home fronts a pond
  • Ranch Style House

About This Home

As of August 2022

This beautiful modern ranch has a surprise - an in-law apartment or home office just outside your kitchen door. The house has been remodeled and updated with an open floor plan connecting the modern kitchen with the living area in front and the year-round sunoom facing Johnson Pond in the rear. hardwood floors throughout.
Two bedrooms and 1.5 baths in the main house. Big dry basement. The adjacent cottage is a complete efficiency with kitchen and full bath. Perfect for work-at-home privacy, long term guests or even a bit of rental income.
The waterfront lot slopes down to the water in back - great spot for birdwatching or sunsets.

Last Agent to Sell the Property

Michael Foley

William Pitt Sotheby's Int'l License #REB.0790567 Listed on: 07/11/2022

William Pitt Sotheby's Int'l

Last Buyer's Agent

Nicolette Petros

Houlihan Lawrence WD License #REB.0755147

Houlihan Lawrence WD

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,822

Year Built

  • Built in 1965

Lot Details

  • 0.94 Acre Lot
  • Home fronts a pond
  • Cul-De-Sac
  • Level Lot
  • Property is zoned LDR

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Fiberglass Roof
  • Aluminum Siding

Interior Spaces

  • 1,522 Sq Ft Home
  • 1 Fireplace
  • Water Views
  • Storage In Attic
  • Home Security System

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 2 Car Garage
  • Driveway

Additional Homes

  • Guest House
  • Separate Entry Quarters

Location

  • Property is near shops

Schools

  • Westbrook High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Private Company Owned Well
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,822

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1522
  • Public Record Living Room Sq Ft: 1522
  • Total Sq Ft: 1522
  • Year Built: 1965
  • Nearby Amenities: Library, Medical Facilities, Shopping/Mall, Stables/Riding, Tennis Courts
  • In Law Access: Separate Entry
  • In Law Apartment: Yes
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3848
  • Directions: Rt. 153 to Wood Duck to Lakeview.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 2
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Storage Space
  • Basement Description: Full With Hatchway
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Laundry Room Location: Basement
  • Laundry Room Info: Lower Level
  • Attic: No
  • Home Automation: Security System
  • Street Number Modifier: 5

Exterior Features

  • Exterior Features: Guest House
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Fiberglass Shingle
  • Waterfront Description: Pond
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, Detached Garage
  • Garages Number: 2
  • Driveway Type: Paved

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.9400
  • Lot Description: On Cul-De-Sac, Water View, Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: LDR

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4822
  • Total Assessed Value: 232280
  • Mil Rate Base: 20.760
  • Mil Rate Total: 20.760
  • Assessor Parcel Number: 1039149

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Aug 30, 2022
Sold by
Annino Angela
Bought by
Harney Nancy
Seller's Agent
Michael Foley
William Pitt Sotheby's Int'l
Buyer's Agent
Nicolette Petros
Houlihan Lawrence WD
List Price
$425,000
Sold Price
$407,500
Premium/Discount to List
-$17,500
-4.12%
Views
13
Current Estimated Value
$532,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,007
Avg. Annual Appreciation
9.01%

Purchase Details

Listed on
Feb 10, 2016
Closed on
May 23, 2016
Sold by
Stocker Kenneth E
Bought by
Annino Angela
Seller's Agent
Mark Patterson
KW Legacy Partners
Buyer's Agent
Mark Patterson
KW Legacy Partners
List Price
$299,500
Sold Price
$269,000
Premium/Discount to List
-$30,500
-10.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%
Original Mortgage
$215,200
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2013
Sold by
Loftus Hilary C
Bought by
Stocker Kenneth E

Purchase Details

Closed on
Apr 15, 2004
Sold by
Houlihan Norma G
Bought by
Stocker Kenneth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 1992
Sold by
Day Ida H
Bought by
Houlihan George F and Houlihan Norma G
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
Harney Nancy $407,500 None Available
Annino Angela $269,000 --
Stocker Kenneth E -- --
Stocker Kenneth E $300,000 --
Houlihan George F $142,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Annino Angela $215,200
Previous Owner Houlihan George F $285,000
Previous Owner Houlihan George F $15,000
Previous Owner Houlihan George F $15,000
Previous Owner Houlihan George F $67,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2022 08/31/22 Sold $407,500 -4.1% $268 / Sq Ft
08/06/2022 08/06/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $425,000 +58.0% $279 / Sq Ft
05/23/2016 05/23/16 Sold $269,000 -10.2% $177 / Sq Ft View Prior Sale
04/08/2016 04/08/16 Pending -- -- --
02/10/2016 02/10/16 For Sale $299,500 -- $197 / 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 $5,278 $234,590 $111,900 $122,690
2024 $5,091 $234,590 $111,900 $122,690
2023 $5,001 $234,590 $111,900 $122,690
2022 $4,822 $232,280 $111,900 $120,380
2021 $4,546 $181,850 $67,130 $114,720
2020 $4,547 $181,860 $67,140 $114,720
2019 $4,486 $181,860 $67,140 $114,720
2018 $4,432 $181,860 $67,140 $114,720
2017 $4,432 $181,860 $67,140 $114,720
2016 $4,121 $178,110 $67,140 $110,970
2015 $4,262 $189,350 $67,140 $122,210
2014 $4,126 $189,350 $67,140 $122,210
Source: Public Records

Agents Affiliated with this Home

  • Michael Foley

    Seller's Agent in 2022

    Michael Foley

    William Pitt

    (860) 739-4440

    1 in this area

    15 Total Sales

    Michael Foley
    Section Image
  • Nicolette Petros

    Buyer's Agent in 2022

    Nicolette Petros

    Houlihan Lawrence WD

    (860) 250-1555

    1 in this area

    7 Total Sales

    Nicolette Petros
    Section Image

  • M

    Seller's Agent in 2016

    Mark Patterson

    KW Legacy Partners

    Section Image
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Map

Source: SmartMLS

MLS Number: 170506203

SmartMLS

APN: WBRO-000151-000000-000033

Connecticut Middlesex County Westbrook 06498

5 Lakeview Terrace, Westbrook, CT

This home is located at 5 Lakeview Terrace, Westbrook, CT 06498 since 11 July 2022 and is currently estimated at $532,507, approximately $349 per square foot. This property was built in 1965. 5 Lakeview Terrace is a home located in Middlesex County with nearby schools including Daisy Ingraham School, Westbrook Middle School, and Westbrook High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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