$675,000
SOLD JUL 31, 2018

500 N Main St Suffield, CT 06078

5 Beds
1.5 Baths
2,816 Sq Ft
37.53 Acres

Recently Sold

$240 Per Sq Ft

25% Below List Price

439 Days on Market

Highlights

  • Barn
  • 37.53 Acre Lot
  • Farmhouse Style Home
  • Suffield Middle School Rated A-
  • Farm
  • Attic

About This Home

As of November 2020

SELLER SAYS SELL ~ Location, Access, Gorgeous Views, this 37 Acre property has it all! Situated in one of the most beautiful sites in Northern CT, this Amazing development opportunity for possible 8-15 lot subdivision, with +325 ft of frontage on Historic North Main St. or gorgeous estate lot ideal for gentleman farmer, horse or hobby farmer. Located in the Heart of Suffield's Historic District, minutes to I-91 and Bradley Airport, easy walk to shops, restauarants, Suffield Academy, and Highland Market this property offers convenience and in a charming local community. Only 15 minutes to Downtown Springfield, 23 minutes to Downtown Hartford and 7 minutes to Bradley International Airport. Call today for your personal tour.

Last Agent to Sell the Property

Kathy Murphy

KW Legacy Partners License #RES.0792249 Listed on: 05/18/2016

KW Legacy Partners

Last Buyer's Agent

Kathy Murphy

KW Legacy Partners License #RES.0792249 Listed on: 05/18/2016

KW Legacy Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,292

Year Built

  • Built in 1800

Lot Details

  • 37.53 Acre Lot
  • Sloped Lot
  • Many Trees

Home Design

  • Farmhouse Style Home
  • Clap Board Siding

Interior Spaces

  • 2 Fireplaces
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Kitchen

  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 4 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Outdoor Storage

Schools

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

Farming

  • Barn
  • Farm

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Ground
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,292

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Farm House
  • Public Record Living Room Sq Ft: 2864
  • Year Built: 1800
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 6262
  • Directions: Property is located North of Suffield Center ( Route 75 - Suffield St) on the right hand side. Approximately 15 houses North of Suffield Academy.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 11
  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Walk-up
  • Basement Description: Full, Unfinished
  • Interior Amenities: Cable - Available
  • Appliances: Cook Top, Dishwasher
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 500

Exterior Features

  • Exterior Features: Barn, Storage Building
  • Exterior Siding: Clapboard
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Barn, Detached Garage
  • Garages Number: 4
  • Driveway Type: Gravel

Utilities

  • Heat Type: Steam
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Ground
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 37.5300
  • Lot Description: Farm Land, May be Subdividable, Sloping Lot, Treed
  • Property Info: Horse Property

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 7292
  • Total Assessed Value: 248690
  • Mil Rate Total: 29.320
  • Assessor Parcel Number: 736099

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2020
Closed on
Nov 19, 2020
Sold by
Rayco Development Co Llc
Bought by
Quandt Christian D and Quandt Crystal V
Seller's Agent
Jen Daddario
Coldwell Banker Realty
Buyer's Agent
Brian Banak
Coldwell Banker Realty
List Price
$575,400
Sold Price
$533,565
Premium/Discount to List
-$41,835
-7.27%
Total Days on Market
439
Current Estimated Value
$742,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,718
Avg. Annual Appreciation
6.93%
Original Mortgage
$420,320
Outstanding Balance
$379,110
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$343,708

Purchase Details

Listed on
May 18, 2016
Closed on
Sep 19, 2018
Sold by
Rayco Residential Dev
Bought by
Rayco Development Co L
Seller's Agent
Kathy Murphy
KW Legacy Partners
Buyer's Agent
Kathy Murphy
KW Legacy Partners
List Price
$899,700
Sold Price
$675,000
Premium/Discount to List
-$224,700
-24.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.68%
Original Mortgage
$1,150,000
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
May 18, 2016
Closed on
Jul 25, 2018
Sold by
Sutton Paul D and Sutton Jean M
Bought by
Rayco Residential Dev
Seller's Agent
Kathy Murphy
KW Legacy Partners
Buyer's Agent
Kathy Murphy
KW Legacy Partners
List Price
$899,700
Sold Price
$675,000
Premium/Discount to List
-$224,700
-24.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $525,400 None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $675,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $36,000 Stand Alone Refi Refinance Of Original Loan
Open $420,320 New Conventional
Previous Owner $1,150,000 Credit Line Revolving
Previous Owner $1,850,000 Credit Line Revolving
Previous Owner $150,000 Credit Line Revolving
Previous Owner $225,000 Purchase Money Mortgage
Previous Owner $80,000 No Value Available
Previous Owner $103,900 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $533,565 -7.3% $186 / Sq Ft
04/21/2020 04/21/20 Pending -- -- --
04/14/2020 04/14/20 For Sale $575,400 -14.8% $201 / Sq Ft
07/31/2018 07/31/18 Sold $675,000 -13.4% $240 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
02/25/2017 02/25/17 Price Changed $779,700 -13.3% $277 / Sq Ft
05/18/2016 05/18/16 For Sale $899,700 -- $319 / 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
2024 $8,724 $385,490 $81,060 $304,430
2023 $8,824 $308,420 $81,130 $227,290
2022 $8,824 $308,420 $81,130 $227,290
2021 $8,751 $305,550 $81,130 $224,420
2020 $6,273 $219,030 $81,130 $137,900
2019 $6,291 $219,030 $81,130 $137,900
2018 $7,292 $248,690 $81,950 $166,740
2017 $7,185 $248,690 $81,950 $166,740
2016 $7,013 $248,690 $81,950 $166,740
2015 $6,909 $248,690 $81,950 $166,740
2014 $6,744 $248,690 $81,950 $166,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: G10131638

SmartMLS

APN: SUFF-000042H-000045-000323