NOT LISTED FOR SALE

50 Library Ln Unit 50 Simsbury, CT 06070

Estimated Value: $209,000 - $237,000

2 Beds
2 Baths
1,048 Sq Ft
$497/mo HOA Fee

Last Sold September 09, 2024

Last sale price $210,000 $200 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,981/month

28 Days on Market

Highlights

  • Concrete Pool
  • Deck
  • 1 Fireplace
  • Central School Rated A
  • Ranch Style House
  • End Unit

About This Home

As of September 2024

Welcome to 50 Library Lane, located in the center of Simsbury, at the lovely Heritage Glen Condominium Community. This spacious home features a kitchen, dining/living room combo with fireplace and sliders to an outdoor deck, plus 2 bedrooms and 2 full baths. Freshly painted from top to bottom, hardwood floors throughout except for the newly installed carpet in the primary bedroom. Enjoy peaceful mornings sipping coffee on the deck or enjoying lazy summer days by the Heritage Glen Inground pool. Central air, newer hot water heater and a detached one car garage with storage. Walking distance to the heart of Simsbury, the library and close proximity to the Simsbury Performing Arts Center, Rails to Trails, shopping, restaurants and much much more! Come take a look at 50 Library Lane.......Welcome HOME!

Last Agent to Sell the Property

Gail Gene Mercey

Berkshire Hathaway NE Prop. License #REB.0789599 Listed on: 08/06/2024

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Pratima Swami

Coldwell Banker Realty License #RES.0821309

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,481

Year Built

  • Built in 1968

Lot Details

  • End Unit
  • Many Trees

HOA Fees

  • $497 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,048 Sq Ft Home
  • 1 Fireplace
  • Smart Thermostat
  • Laundry on main level

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Parking Deck

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Deck
  • Exterior Lighting

Location

  • Property is near a golf course

Schools

  • Simsbury High School

Utilities

  • Central Air
  • Programmable Thermostat
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 700998

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, property management
  • 121 Units
  • Property managed by Imagineers

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,481

Year Built

Built in 1968

Lot Details

0

HOA Fees

$497 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1048
  • Total Sq Ft: 1048
  • Year Built: 1968
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Park, Private School(s), Public Pool, Tennis Courts
  • Association Amenities: Pool
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Unit On Floor Number: 2
  • Condo Model Name: Madison
  • Directions: Hopmeadow Street to Library Lane.
  • Financing Used: Conventional Fixed
  • Spec Assoc Asses: No
  • Street Type: Lane
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: None
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher
  • Laundry Room Location: Hallway behind doors
  • Laundry Room Info: Main Level
  • Attic: No
  • Home Automation: Thermostat(s)
  • Street Number Modifier: 50

Exterior Features

  • Exterior Features: Sidewalk, Deck, Lighting
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Not Applicable
  • Swimming Pool: Yes
  • Pool: Concrete, In Ground Pool
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric, Upright Tank, Tank Size Unknown
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Usage Fee Annual: 375

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management
  • Levels In Unit: 1
  • HOA Fees: 497
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Manager Name: Lisa Sauvron
  • Property Manager Phone: (860) 768-3300
  • Property Mgt Company Name: Imagineers
  • Total Number of Units In Complex: Heritage Glen

Schools

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

Green Features

  • Energy Features: Programmable Thermostat

Lot Info

  • Lot Description: Treed
  • Zoning: RD
  • Parcel #: 700998

Rental Info

  • Pets Allowed Info: Per management-1-cat, 1-d
  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 121

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 3481
  • Total Assessed Value: 104510
  • Mil Rate Total: 33.31

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2024
Closed on
Sep 9, 2024
Sold by
Lim Eric J and Lim Marie R
Bought by
Mallavarapu Xavier S and Maddineni Mary S
Seller's Agent
Gail Gene Mercey
Berkshire Hathaway NE Prop.
Buyer's Agent
Pratima Swami
Coldwell Banker Realty
List Price
$210,000
Sold Price
$210,000
Views
51
Current Estimated Value
$223,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,664
Avg. Annual Appreciation
6.19%
Original Mortgage
$157,500
Outstanding Balance
$156,117
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$67,547

Purchase Details

Listed on
Aug 22, 2015
Closed on
Oct 28, 2015
Sold by
Hart Linda
Bought by
Lim Eric J and Lim Marie R
Seller's Agent
Valarie Holst
Berkshire Hathaway NE Prop.
Buyer's Agent
Gail Gene Mercey
Berkshire Hathaway NE Prop.
List Price
$119,900
Sold Price
$119,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%

Purchase Details

Closed on
Mar 26, 2013
Sold by
Martocchio John
Bought by
Hart Linda

Purchase Details

Closed on
Jun 14, 2010
Sold by
Martocchio John
Bought by
Martocchio John and Hart Linda

Purchase Details

Closed on
Aug 3, 2009
Sold by
Vetter Mark
Bought by
Bank Of New York

Purchase Details

Closed on
Jun 13, 2006
Sold by
Rogers Richard P
Bought by
Vetter Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,639
Interest Rate
6.62%
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
Mallavarapu Xavier S $210,000 None Available
Mallavarapu Xavier S $210,000 None Available
Lim Eric J $119,900 --
Lim Eric J $119,900 --
Hart Linda -- --
Hart Linda -- --
Martocchio John -- --
Martocchio John $111,000 --
Martocchio John $111,000 --
Bank Of New York -- --
Bank Of New York -- --
Vetter Mark $143,298 --
Vetter Mark $143,298 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mallavarapu Xavier S $157,500
Closed Mallavarapu Xavier S $157,500
Previous Owner Vetter Mark $60,000
Previous Owner Vetter Mark $114,639
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2024 09/09/24 Sold $210,000 0.0% $200 / Sq Ft
09/03/2024 09/03/24 Pending -- -- --
08/06/2024 08/06/24 For Sale $210,000 +75.1% $200 / Sq Ft
10/28/2015 10/28/15 Sold $119,900 0.0% $108 / Sq Ft
10/05/2015 10/05/15 Pending -- -- --
08/22/2015 08/22/15 For Sale $119,900 -- $108 / 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 $3,570 $104,510 $0 $104,510
2024 $3,481 $104,510 $0 $104,510
2023 $3,301 $103,740 $0 $103,740
2022 $2,683 $69,460 $0 $69,460
2021 $2,683 $69,460 $0 $69,460
2020 $2,576 $69,460 $0 $69,460
2019 $2,592 $69,460 $0 $69,460
2018 $2,611 $69,460 $0 $69,460
2017 $2,972 $76,670 $0 $76,670
2016 $2,846 $76,670 $0 $76,670
2015 $2,846 $76,670 $0 $76,670
2014 $2,848 $76,670 $0 $76,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24032659

SmartMLS

APN: SIMS-000010G-000203-000001B-003168-580