NOT LISTED FOR SALE

5 Timber Ln Newtown, CT 06470

Estimated Value: $536,359 - $580,000

3 Beds
1 Bath
1,659 Sq Ft
$337/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $345,000 $208 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,609/month

42 Days on Market

Highlights

  • Secluded Lot
  • Ranch Style House
  • 1 Fireplace
  • Reed Intermediate School Rated A-
  • Attic
  • No HOA

About This Home

As of October 2020

Location, location, location--That might be the number one criteria for making a prudent purchase of a new home, but this home offers not just the perfect location but so much more. Drive down quintessential Connecticut country road, lined with historic rock walls and majestic oak trees, and the sun drenched ranch stretches over the front of the large, level and lush verdant lawn. This three bedroom ranch not only boasts many original quality features but has been tastefully updated to today's standards. The mid-century modern design of the front door welcomes you into the light, bright living room with white painted beams and vaulted ceilings. Hardwood floors in the living room and three bedrooms lead to the updated eat-in kitchen with new stainless appliances and sky lights that elicits happiness as the sun fills the space. One step down to the bonus room with unique built-in shelves lining an entire wall, vaulted wood beamed ceiling and room warmed by a pellet stove. The septic for this home was replaced less than one year ago and was upgraded to accommodate 4-5 bedrooms. In addition, this home offers the remaining home warranty which transfers with ownership until 2022. The dry, large and open basement offers much potential for additional living space. Two car attached garage. Close to I-84 for ease of commuting, yet private, level 1.29 acres-close to Fairfield Hills offering walking trails, gym, pool, brewery and much more!

Last Agent to Sell the Property

Jennifer Rose

Scalzo Real Estate License #RES.0808479 Listed on: 08/20/2020

Last Buyer's Agent

Jonathan Arteaga

eXp Realty License #RES.0814024

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,889

Year Built

  • Built in 1962

Lot Details

  • 1.29 Acre Lot
  • Cul-De-Sac
  • Stone Wall
  • Secluded Lot
  • Level Lot
  • Cleared Lot

Home Design

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

Interior Spaces

  • 1,659 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Laundry on lower level
  • Attic

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Attached Garage
  • Private Driveway

Location

  • Property is near shops
  • Property is near a golf course

Utilities

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

Additional Features

  • Accessible Bathroom
  • Patio

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,889

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1659
  • Public Record Living Room Sq Ft: 1659
  • Total Sq Ft: 1659
  • Year Built: 1962
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Park, Private School(s), Shopping/Mall
  • Handicap Features: Accessible Bath, Roll-In Shower
  • Direct Waterfront: No
  • Home Warranty Offered: Yes
  • Public Record Gross Sq Ft: 4093
  • Tax Year Updated Dt: 09/14/2020
  • Directions: GPS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 5

Exterior Features

  • Exterior Features: Patio, Stone Wall
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Fiberglass Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • 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: Per Board of Ed

Lot Info

  • Acres: 1.2900
  • Lot Description: On Cul-De-Sac, Cleared, Secluded, Level Lot, Fence - Stone
  • Zoning: R-1

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 6889
  • Total Assessed Value: 198180
  • Mil Rate Base: 34.760
  • Mil Rate Total: 34.760
  • Assessor Parcel Number: 208248

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
Aug 20, 2020
Closed on
Oct 28, 2020
Sold by
Sharpe Christopher R
Bought by
Bonan David
Seller's Agent
Jennifer Rose
Scalzo Real Estate
Buyer's Agent
Jonathan Arteaga
eXp Realty
List Price
$344,900
Sold Price
$345,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$559,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,840
Avg. Annual Appreciation
10.17%
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
Bonan David $345,000 None Available
Bonan David $345,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2020 10/29/20 Sold $345,000 0.0% $208 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $344,900 -- $208 / 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 $8,072 $280,870 $84,180 $196,690
2024 $7,575 $280,870 $84,180 $196,690
2023 $7,370 $280,870 $84,180 $196,690
2022 $6,871 $198,180 $75,180 $123,000
2021 $6,867 $198,180 $75,180 $123,000
2020 $6,889 $198,180 $75,180 $123,000
2019 $6,891 $198,180 $75,180 $123,000
2018 $6,786 $198,180 $75,180 $123,000
2017 $5,838 $172,360 $75,080 $97,280
2016 $5,791 $172,360 $75,080 $97,280
2015 $5,700 $172,360 $75,080 $97,280
2014 $5,741 $172,360 $75,080 $97,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170328852

SmartMLS

APN: NEWT-000037-000008-000007