NOT LISTED FOR SALE

5 Melrose Ln Suffield, CT 06078

Estimated Value: $706,746 - $810,000

4 Beds
3.5 Baths
2,461 Sq Ft
$313/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $450,000 $183 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,886/month

32 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Deck
  • Suffield Middle School Rated A-
  • ENERGY STAR Certified Homes
  • 1 Fireplace

About This Home

As of October 2015

Newer home in in one of Suffield most desirable subdivisions, Barley Sheaf Farm. This gorgeous four bedroom, 3 1/2 bath Colonial sits on a 1.03 acre manicured level lot with new maintenance free 16x22 Trex deck with vinyl railings. The kitchen is gorgeous with granite counters, custom cabinets, stainless steel appliances, an island and large pantry. There is a two-story foyer with beautiful oak flooring and open staircase. The large living room and family room has a wood burning fireplace with brick chimney. The master bedroom suite is a wonderful retreat sunny and spacious with walkin closet, tiled full bath with jetted tub, shower and double vanity sink. The professionally finished 900 square foot lower level includes oak floors, a recreational room, bedroom and a full bath. The large level rear yard extending beyond the deck is well manicured and landscaped.

Last Agent to Sell the Property

Richard Ouellette

Century 21 AllPoints Realty License #REB.0514560 Listed on: 07/20/2015

Century 21 AllPoints Realty

Last Buyer's Agent

Madhu Reddy

Reddy Realty, LLC License #REB.0791892

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,107

Year Built

  • Built in 2005

Lot Details

  • 1.03 Acre Lot
  • Corner Lot

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,461 Sq Ft Home
  • Open Floorplan
  • Central Vacuum
  • 1 Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated
  • Home Security System

Kitchen

  • Oven or Range
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • Deck
  • Exterior Lighting
  • Rain Gutters

Schools

  • A. Ward Spaulding Elementary School
  • Suffield Middle School
  • Suffield High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

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

Community Details

Overview

  • No Home Owners Association
  • Barley Sheaf Farm Subdivision

Recreation

  • Putting Green
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,107

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 2461
  • Year Built: 2005
  • Nearby Amenities: Golf Course, Park, Public Trash Pickup
  • Association Amenities: Putting Green, Park
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Mapleton Ave. to Halladay Ave East, to Melrose lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 4
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Hatchway, Fully Finished
  • Interior Amenities: Cable - Available, Central Vacuum, Open Floor Plan, Security System
  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Microwave, Oven/Range, Refrigerator, Range Hood, Washer
  • Additional Rooms: Foyer
  • Laundry Room Location: First Floor
  • Attic: No

Exterior Features

  • Exterior Features: Deck, Gutters, Lighting
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Asphalt

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Electrical Amperage: 200

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Suffield

Green Features

  • Energy Features: Energy Star Rated, Thermopane Windows

Lot Info

  • Acres: 1.0300
  • Lot Description: Corner Lot
  • Flood Zone: No

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 8107
  • Assessor Parcel Number: 2489880

MLS Schools

  • Elementary School: A. Ward Spaulding
  • High School: Suffield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2015
Closed on
Nov 2, 2015
Sold by
Osakwe Gregory C
Bought by
Komalla Maheshwar R
Seller's Agent
Richard Ouellette
Century 21 AllPoints Realty
Buyer's Agent
Madhu Reddy
Reddy Realty, LLC
List Price
$494,500
Sold Price
$450,000
Premium/Discount to List
-$44,500
-9%
Current Estimated Value
$769,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,187
Avg. Annual Appreciation
5.41%
Original Mortgage
$405,000
Outstanding Balance
$319,952
Interest Rate
3.92%
Estimated Equity
$449,235

Purchase Details

Closed on
Aug 18, 2005
Sold by
Somerset Homes Llc
Bought by
Osakwe Gregory and Osakwe Ibitoro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.66%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Komalla Maheshwar R $450,000 --
Osakwe Gregory $460,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Komalla Maheshwar R $405,000
Previous Owner Osakwe Gregory $359,650
Previous Owner Osakwe Gregory $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2015 10/30/15 Sold $450,000 -9.0% $183 / Sq Ft
08/21/2015 08/21/15 Pending -- -- --
07/20/2015 07/20/15 For Sale $494,500 -- $201 / 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 $10,266 $438,550 $91,490 $347,060
2024 $9,924 $438,550 $91,490 $347,060
2023 $8,511 $297,500 $91,490 $206,010
2022 $8,511 $297,500 $91,490 $206,010
2021 $8,520 $297,500 $91,490 $206,010
2020 $8,520 $297,500 $91,490 $206,010
2019 $8,544 $297,500 $91,490 $206,010
2018 $8,758 $298,690 $85,610 $213,080
2017 $8,629 $298,690 $85,610 $213,080
2016 $8,423 $298,690 $85,610 $213,080
2015 $8,107 $291,830 $85,610 $206,220
2014 $7,914 $291,830 $85,610 $206,220
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Richard Ouellette

    Century 21 AllPoints Realty

    Section Image
  • Madhu Reddy

    Buyer's Agent in 2015

    Madhu Reddy

    Reddy Realty, LLC

    (860) 918-2921

    2 in this area

    386 Total Sales

    Madhu Reddy
    Section Image
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Map

Source: SmartMLS

MLS Number: G10065001

SmartMLS

APN: SUFF-000051H-000042-000023-000024

Connecticut Hartford County Suffield 06078

5 Melrose Ln, Suffield, CT

Not Listed for Sale

Detached

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