$270,000
SOLD FEB 20, 2025

5 Magnolia Hill Ct Cromwell, CT 06416

3 Beds
1.5 Baths
1,368 Sq Ft
$545/mo HOA Fee

Recently Sold

$197 Per Sq Ft

8% Above List Price

35 Days on Market

Highlights

  • Pool House
  • Baseboard Heating
  • Wood Siding
  • Central Air
  • Level Lot

About This Home

As of February 2025

Welcome to this delightful 3-bedroom, 1.5-bathroom home in Cromwell, CT, offering plenty of space and comfort. As you enter the main floor, you'll be greeted by an updated kitchen featuring stainless steel appliances and a cozy eat-in dining area. The kitchen flows seamlessly into the open living room, which provides additional space for dining. Off the living area, step out onto the patio, perfect for relaxing or entertaining. Upstairs, you'll find three inviting bedrooms, two of which provides spacious walk-in closets. The primary bedroom features sliding doors that lead to a private balcony, ideal for enjoying your morning coffee or reading a book in the evening. A full bathroom completes the upper floor. The partially finished basement provides extra living space, along with a storage room and a laundry area that includes a workbench for added convenience. This charming home is perfect for those seeking both comfort and functionality.

Last Agent to Sell the Property

Alan Stewart Jr.

ASJ Realty Partners License #REB.0792154 Listed on: 01/16/2025

ASJ Realty Partners

Co-Listed By

Cynthia Harding

mygoodagent License #RES.0824580

Last Buyer's Agent

Renee Barreira

RE/MAX RISE License #RES.0830200

RE/MAX RISE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,260

Year Built

  • Built in 1973

HOA Fees

  • $545 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,368 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Laundry on lower level

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • Pool House
  • In Ground Pool

Utilities

  • Central Air
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 2384559

Community Details

Overview

  • Association fees include club house, grounds maintenance, snow removal, water, property management, pool service
  • 110 Units
  • Property managed by Imagineers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,260

Year Built

Built in 1973

Lot Details

0

HOA Fees

$545 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Condo/Co-Op For Sale
  • Style: Apartment
  • Sq Ft Est Heated Above Grade: 1368
  • Total Sq Ft: 1368
  • Year Built: 1973
  • New Construction: No/Resale
  • Nearby Amenities: Tennis Courts
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Directions: GPS Friendly CT-372 to Willowbrook Road to Magnolia Hill Ct
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 1368
  • Spec Assoc Asses: No
  • Street Type: Court
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement Description: Full
  • Appliances: Electric Range, Electric Cooktop, Dishwasher, Refrigerator, Microwave
  • Laundry Room Info: Lower Level
  • Attic: No
  • Street Number Modifier: 5

Exterior Features

  • Exterior Siding: Wood
  • Waterfront Description: Not Applicable
  • Swimming Pool: Yes
  • Pool: Pool House, In Ground Pool
  • Construction Description: Frame

Garage/Parking

  • Total Parking Spaces: 2
  • Garage And Parking: None, Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Club House, Grounds Maintenance, Snow Removal, Water, Property Management, Pool Service
  • Levels In Unit: 3
  • HOA Fees: 545
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Imagineers
  • Property Mgt Phone: (860) 768-3300
  • Total Number of Units In Complex: Cromwell Hills Condo

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Zoning: R-15
  • Parcel #: 2384559

Rental Info

  • Pets Allowed Info: Pets are allowed. 1 dog o
  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 110

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 3260
  • Total Assessed Value: 108430
  • Mil Rate Total: 30.07

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
Jan 16, 2025
Closed on
Feb 18, 2025
Sold by
Design & Development Llc
Bought by
Ahmed Sharif
Seller's Agent
Alan Stewart Jr.
ASJ Realty Partners
Buyer's Agent
Renee Barreira
RE/MAX RISE
List Price
$249,000
Sold Price
$270,000
Premium/Discount to List
$21,000
8.43%
Views
46
Current Estimated Value
$264,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,082
Avg. Annual Appreciation
-5.28%
Original Mortgage
$243,000
Outstanding Balance
$242,798
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$22,120

Purchase Details

Closed on
Oct 31, 2024
Sold by
Robinson Douglas and Robinson Adalgisa
Bought by
True You Desigan & Dev Ll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1978
Bought by
Robinson Douglas and Robinson Adalgisa
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $270,000 None Available
Warranty Deed $270,000 None Available
Warranty Deed $165,000 None Available
Warranty Deed $165,000 None Available
Warranty Deed $165,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $243,000 Purchase Money Mortgage
Closed $243,000 Purchase Money Mortgage
Previous Owner $191,200 Purchase Money Mortgage
Previous Owner $83,346 No Value Available
Previous Owner $31,500 No Value Available
Previous Owner $60,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2025 02/20/25 Sold $270,000 +8.4% $197 / Sq Ft
01/16/2025 01/16/25 For Sale $249,000 -- $182 / 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
2024 $3,260 $108,430 $0 $108,430
2023 $3,189 $108,430 $0 $108,430
2022 $2,863 $85,890 $0 $85,890
2021 $2,863 $85,890 $0 $85,890
2020 $2,820 $85,890 $0 $85,890
2019 $2,820 $85,890 $0 $85,890
2018 $2,820 $85,890 $0 $85,890
2017 $2,461 $72,520 $0 $72,520
2016 $2,439 $72,520 $0 $72,520
2015 $2,276 $72,520 $0 $72,520
2014 $2,413 $72,520 $0 $72,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24067982

SmartMLS

APN: CROM-000021-000012-000024-000039-27