NOT LISTED FOR SALE

5 Palestine Rd Newtown, CT 06470

Estimated Value: $770,225 - $895,000

3 Beds
5 Baths
2,834 Sq Ft
$299/Sq Ft Est. Value

Last Sold April 23, 2015

Last sale price $530,000 $187 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,402/month

21 Days on Market

Highlights

  • 133,729 Sq Ft lot
  • Deck
  • Circular Driveway
  • Head O'Meadow Elementary School Rated A
  • Partially Wooded Lot
  • Thermal Windows

About This Home

As of April 2015

Bathed in light & wrapped in casual elegance, swing into the circular driveway & you're home. Sunlight dances from room to room in this spacious open floor plan. Everyday living & entertaining are a breeze with wide open spaces opening to multi-tiered decks, covered front porch & expansive level lawn. Dine casually or formally-your choice!Two en-suite bedrooms w/in-law potential, office (4th bedroom), exercise room & unfinished walk-out lower level continue the flexibility. Minutes from shopping, schools & commuter corridors yet surrounded by bucolic views & cul-de-sac neighborhood, this classic colonial is set in the heart of southwest Newtown, a great lower Fairfield County and Westchester commute- the perfect place to call home.

Last Agent to Sell the Property

Beth Caldwell

William Raveis Real Estate License #RES.0767195 Listed on: 01/07/2015

William Raveis Real Estate

Last Buyer's Agent

Beth Caldwell

William Raveis Real Estate License #RES.0767195 Listed on: 01/07/2015

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • 2006

Lot Details

  • 3.07 Acre Lot
  • Partially Wooded Lot

Home Design

  • Wood Siding

Interior Spaces

  • Thermal Windows
  • French Doors

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Parking

  • Parking Deck
  • Circular Driveway

Outdoor Features

  • Deck
  • Patio

Schools

  • Head O'meadow Elementary School

Utilities

  • Central Air
  • Hydro-Air Heating System
  • Private Company Owned Well

Home Details

Home Type

Single Family

Year Built

2006

Lot Details

3.07 Acres

Listing Details

  • Neighborhood: Hattertown (156)
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Room Count: 9
  • Appliances: Dishwasher, Microwave, Oven/Range, Refrigerator
  • Laundry Room Info: Basement
  • Attic Type: Floored, Storage Space
  • Basement Type: Concrete Floor, Full Basement With Walk-Out, Garage Access, Interior Access, Unfinished
  • Fireplaces: 1
  • Interior Amenities: Cable - Available, Fireplace, Security System

Exterior Features

  • Exterior Features: Deck, French Doors, Patio
  • Exterior Siding: Shingles, Wood

Garage/Parking

  • Driveway Type: Circular, Paved
  • Garages: 2
  • Parking: Under House

Utilities

  • Cooling System: Central Air
  • Heat Type: Hydro Air
  • Water Source: Private Well
  • Sewer: Septic
  • Fuel Tank Description: In Basement
  • Fuel Type: Oil
  • Hot Water Fuel: Oil
  • Radon Mit System Water: Unknown
  • Radon Mit Sytem Air: Unknown
  • Water Sewer Lien: Neither

Condo/Co-op/Association

  • Amenities: Golf Course, Health Club, Library, Park, Playground

Schools

  • High School: Newtown
  • Intermediate High School: Reed

Lot Info

  • Lot Description: Cul-De-Sac, Level Topography, Lightly Wooded
  • Lot Sq Ft: 133729
  • Mill Rate: 33.3100
  • Zoning Code: R-3
  • Assessment: 311120

Green Features

  • Energy Features: Ceiling Fan(s), Day/Night Thermostat, Thermopane Windows

Tax Info

  • Tax Year: 7/14-6/15

MLS Schools

  • Elementary School: Head O'Meadow

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2015
Closed on
Apr 28, 2015
Sold by
Wood Russell P and Wood Juile D
Bought by
Silverman Joel
Seller's Agent
Beth Caldwell
William Raveis Real Estate
Buyer's Agent
Beth Caldwell
William Raveis Real Estate
List Price
$549,000
Sold Price
$530,000
Premium/Discount to List
-$19,000
-3.46%
Current Estimated Value
$847,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,806
Avg. Annual Appreciation
4.44%
Original Mortgage
$417,000
Outstanding Balance
$323,326
Interest Rate
3.86%
Estimated Equity
$524,480

Purchase Details

Closed on
Jun 19, 2006
Sold by
Procaccini Jason E and Procaccini James
Bought by
Wood Russell P and Wood Julie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.62%

Purchase Details

Closed on
Nov 19, 2003
Sold by
Ermler Lawrence
Bought by
Procaocini Jason and Procaocini James
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Silverman Joel $530,000 --
Silverman Joel $530,000 --
Wood Russell P $110,000 --
Wood Russell P $110,000 --
Procaocini Jason $385,000 --
Procaocini Jason $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silverman Joel $417,000
Closed Silverman Joel $417,000
Previous Owner Procaocini Jason $343,000
Previous Owner Procaocini Jason $350,000
Previous Owner Procaocini Jason $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2015 04/23/15 Sold $530,000 -3.5% $187 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
01/07/2015 01/07/15 For Sale $549,000 -- $194 / Sq Ft
Source: SmartMLS

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 $12,413 $431,920 $147,010 $284,910
2024 $11,649 $431,920 $147,010 $284,910
2023 $11,334 $431,920 $147,010 $284,910
2022 $10,390 $299,670 $99,980 $199,690
2021 $10,384 $299,670 $99,980 $199,690
2020 $10,417 $299,670 $99,980 $199,690
2019 $10,420 $299,670 $99,980 $199,690
2018 $10,261 $299,670 $99,980 $199,690
2017 $10,538 $311,120 $113,990 $197,130
2016 $10,454 $311,120 $113,990 $197,130
2015 $10,289 $311,120 $113,990 $197,130
2014 $10,363 $311,120 $113,990 $197,130
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Beth Caldwell

    William Raveis Real Estate

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Map

Source: SmartMLS

MLS Number: F10013094

SmartMLS

APN: NEWT-000031-000004-000017-000001

Connecticut Fairfield County Newtown 06470

5 Palestine Rd, Newtown, CT

Not Listed for Sale

Detached

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