NOT LISTED FOR SALE

5 Padgett Place Waterford, CT 06385

Estimated Value: $531,846 - $602,000

4 Beds
2.5 Baths
2,930 Sq Ft
$192/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $445,500 $152 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,481/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Bonus Room
  • Waterford High School Rated A-
  • Attic
  • No HOA

About This Home

As of May 2023

Bright Colonial in Castle Hill Estates located on a Cul-de-Sac! Open space next to the back yard for more privacy. This home offers 4 bedrooms, including a spacious primary bedroom suite with large bath, ample closets--one walk in, and a bonus room that makes a great office; kitchen with updated granite counters, stainless steel appliances, central island/breakfast bar; formal dining room; living room and family room on the main floor; finished, walk-out basement; newer deck; 2 car attached garage; real hardwood floors and ceramic tile throughout; central air; brand new roof; shed for outdoor storage. Quiet neighborhood conveniently located to highways for easy commutes. Just steps to the school bus stop and close to Pfizer, Electric Boat, New London Naval Base, and area attractions. Move in ready!

Last Agent to Sell the Property

Anne Thurlow

Coldwell Banker Realty License #RES.0798941 Listed on: 04/10/2023

Coldwell Banker Realty

Co-Listed By

Annie Kaye Nowak

Coldwell Banker Realty License #RES.0759456

Last Buyer's Agent

Ashley Bowne

KEY Real Estate Services LLC License #RES.0796556

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,865

Year Built

  • Built in 1995

Lot Details

  • 0.38 Acre Lot
  • Cul-De-Sac
  • Many Trees
  • Property is zoned R-20

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Radon Mitigation System

Interior Spaces

  • Thermal Windows
  • Bonus Room
  • Partially Finished Basement
  • Walk-Out Basement
  • Attic or Crawl Hatchway Insulated
  • Smart Thermostat

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Shed

Location

  • Property is near shops

Schools

  • Waterford High School

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Tankless Water Heater
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Castle Hill Estates Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,865

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2258
  • Public Record Living Room Sq Ft: 2258
  • Sq Ft Est Heated Below Grade: 672
  • Total Sq Ft: 2930
  • Year Built: 1995
  • Nearby Amenities: Basketball Court, Lake, Library, Medical Facilities, Park, Playground/Tot Lot, Shopping/Mall, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Yes
  • Public Record Gross Sq Ft: 4120
  • Directions: Vauxhall Street Ext to Hickory Lane to Padgett Place
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Partially Finished, Walk-out
  • Interior Amenities: Auto Garage Door Opener, Cable - Available
  • Appliances: Electric Range, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Bonus Room
  • Laundry Room Location: Laundry is near the kitchen
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Home Automation: Thermostat(s)

Exterior Features

  • Exterior Features: Deck, Shed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Central Air, Ductless
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil, Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.3800
  • Lot Description: On Cul-De-Sac, In Subdivision, Treed
  • Zoning: R-20

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 5865
  • Mil Rate Base: 27.560
  • Assessor Parcel Number: 1592304

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2015
Closed on
Aug 24, 2015
Sold by
Lu Bin and Duan Ying
Bought by
Slanover Alexander H
Seller's Agent
Weimin Qian
Wayne Realty
Buyer's Agent
Weimin Qian
Wayne Realty
List Price
$305,000
Sold Price
$288,000
Premium/Discount to List
-$17,000
-5.57%
Current Estimated Value
$561,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,462
Avg. Annual Appreciation
6.77%

Purchase Details

Closed on
Jun 23, 2003
Sold by
Cheng Shu Lin
Bought by
Lu Bin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,100
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 1996
Sold by
Bldrs Assn Eastern Ct
Bought by
Cheng Shu Lin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,900
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 1995
Sold by
Padgett Jeanette
Bought by
Bldrs Of Eastern Ct

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage
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
Slanover Alexander H $288,000 --
Lu Bin $289,000 --
Cheng Shu Lin $185,000 --
Bldrs Of Eastern Ct $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bldrs Of Eastern Ct $260,100
Previous Owner Bldrs Of Eastern Ct $151,900
Previous Owner Bldrs Of Eastern Ct $138,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2023 05/15/23 Sold $445,500 -0.8% $152 / Sq Ft
04/13/2023 04/13/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $449,000 +21.4% $153 / Sq Ft
03/30/2022 03/30/22 Sold $370,000 -8.6% $164 / Sq Ft View Prior Sale
12/05/2021 12/05/21 Pending -- -- --
10/05/2021 10/05/21 Price Changed $405,000 -2.4% $179 / Sq Ft
08/24/2021 08/24/21 For Sale $415,000 +44.1% $184 / Sq Ft
08/21/2015 08/21/15 Sold $288,000 -5.6% $128 / Sq Ft View Prior Sale
08/09/2015 08/09/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $305,000 -- $135 / 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 $6,506 $278,510 $67,320 $211,190
2024 $6,211 $278,510 $67,320 $211,190
2023 $5,880 $277,380 $67,320 $210,060
2022 $5,865 $212,810 $49,270 $163,540
2021 $5,880 $212,730 $49,270 $163,460
2020 $5,929 $212,730 $49,270 $163,460
2019 $5,952 $212,730 $49,270 $163,460
2018 $5,833 $212,730 $49,270 $163,460
2017 $5,854 $216,580 $49,270 $167,310
2016 $5,800 $216,580 $49,270 $167,310
2015 $5,226 $202,340 $49,270 $153,070
2014 $5,018 $202,340 $49,270 $153,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170559703

SmartMLS

APN: WATE-000083-000000-005992