NOT LISTED FOR SALE

501 Summit Dr Orange, CT 06477

Estimated Value: $681,000 - $803,000

3 Beds
3 Baths
2,093 Sq Ft
$346/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $610,000 $291 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,751/month

53 Days on Market

Highlights

  • Ranch Style House
  • 2 Fireplaces
  • 1 Car Attached Garage
  • Race Brook School Rated A-
  • No HOA
  • Laundry Room

About This Home

As of April 2022

WELCOME TO 501 SUMMIT DRIVE, THIS OVERSIZED RANCH HAS SO MUCH TO OFFER. A WELL DONE OPEN FLOOR PLAN WITH DARK WALNUT HARDWOOD FLOORS THROUGHTOUT THE HOME. THIS HOME HAS RECCESSED LIGHTING, 2 FULL BATHROOM WITH AN AMAZING TILE WORK. ALL WHITE KITCHEN WITH ALOT OF CABINET SPACE, GRANITE COUNTER TOPS, STAINLESS APPLIACNES AND A MASSIVE ISLAND IN THE MIDDLE. THE PROPERTY HAS A HUGE WRAP AROUND DECK THAT CONNECTS TO A MUD ROOM BEFORE ENTERING BACK TO THE MAIN LIVING AREA. AN ENORMOUS FINSHED WALKOUT LOWER LEVEL, PERFECT FOR ENTERTAINMENT LOVERS, EVEN HAS A BUILT IN BAR AREA ! 2 EXTRA ROOMS PERFECT FOR STORAGE SPACE. THIS HOME HAS TONS OF CHARACTER WITH AN A EXCELLENT LOCATION TO FOLLOW. COME CHECK IT OUT ! WONT LAST LONG

Last Agent to Sell the Property

Ana Pena

William Raveis Real Estate License #RES.0771917 Listed on: 01/05/2022

William Raveis Real Estate

Last Buyer's Agent

Stephanie Ellison

Ellison Homes Real Estate License #REB.0745960

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,032

Year Built

  • Built in 1959

Lot Details

  • 0.71 Acre Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Stone Siding
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 2,093 Sq Ft Home
  • 2 Fireplaces

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Amity Middle School
  • Regional District 5 Middle School
  • Amity Regional High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,032

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 2093
  • Public Record Living Room Sq Ft: 2093
  • Total Sq Ft: 2093
  • Year Built: 1959
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5305
  • Directions: DOGWOOD ROAD TO ALLING FARM ROAD TO SUMMIT DRIVE
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 4
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 2
  • Basement Description: Full, Fully Finished, Heated, Walk-out
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher
  • Additional Rooms: Laundry Room
  • Laundry Room Info: Lower Level
  • Attic: No

Exterior Features

  • Exterior Siding: Vinyl Siding, Stone
  • Foundation Type: Masonry, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Intermediate School: Regional District 5

Lot Info

  • Acres: 0.7100
  • Lot Description: N/A
  • Zoning: Reside

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 7032
  • Mil Rate Base: 33.250
  • Assessor Parcel Number: 1303129

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Amity
  • High School: Amity Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2022
Closed on
Mar 31, 2022
Sold by
Landivar Franklin
Bought by
Grzesiuk Eric and Silber Andrea
Seller's Agent
Ana Pena
William Raveis Real Estate
Buyer's Agent
Stephanie Ellison
Ellison Homes Real Estate
List Price
$629,900
Sold Price
$610,000
Premium/Discount to List
-$19,900
-3.16%
Current Estimated Value
$724,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,476
Avg. Annual Appreciation
4.66%
Original Mortgage
$220,000
Outstanding Balance
$205,182
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$519,294

Purchase Details

Listed on
Jun 22, 2021
Closed on
Jul 29, 2021
Sold by
Tammaro Gaetano Est and Tammaro
Bought by
Landivar Franklin
Seller's Agent
Vaiva Baltonis
Coldwell Banker Realty
Buyer's Agent
Ana Pena
William Raveis Real Estate
List Price
$415,000
Sold Price
$390,000
Premium/Discount to List
-$25,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
93.06%
Original Mortgage
$390,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 1975
Bought by
Tammaro Gaetano
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
Grzesiuk Eric $610,000 None Available
Grzesiuk Eric $610,000 None Available
Landivar Franklin -- None Available
Landivar Franklin -- None Available
Tammaro Gaetano -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grzesiuk Eric $220,000
Closed Grzesiuk Eric $220,000
Previous Owner Landivar Franklin $390,000
Previous Owner Tammaro Gaetano $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2022 04/08/22 Sold $610,000 -3.2% $291 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $629,900 0.0% $301 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
01/08/2022 01/08/22 For Sale $629,900 +61.5% $301 / Sq Ft
08/04/2021 08/04/21 Sold $390,000 -6.0% $186 / Sq Ft View Prior Sale
06/30/2021 06/30/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $415,000 -- $198 / 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 $11,544 $396,700 $167,700 $229,000
2024 $12,298 $396,700 $167,700 $229,000
2023 $9,951 $308,000 $122,400 $185,600
2022 $6,918 $211,500 $122,400 $89,100
2021 $3,666 $211,500 $122,400 $89,100
2020 $6,925 $211,500 $122,400 $89,100
2019 $3,674 $211,500 $122,400 $89,100
2018 $6,768 $211,500 $122,400 $89,100
2017 $7,062 $212,200 $115,900 $96,300
2016 $6,833 $212,200 $115,900 $96,300
2015 $6,663 $212,200 $115,900 $96,300
2014 $6,472 $212,200 $115,900 $96,300
Source: Public Records

Agents Affiliated with this Home

  • Ana Pena

    Seller's Agent in 2022

    Ana Pena

    William Raveis Real Estate

    (203) 509-0390

    7 in this area

    316 Total Sales

    Ana Pena
    Section Image
  • Stephanie Ellison

    Buyer's Agent in 2022

    Stephanie Ellison

    Ellison Homes Real Estate

    (203) 623-9844

    28 in this area

    497 Total Sales

    Stephanie Ellison
    Section Image
  • Vaiva Baltonis

    Seller's Agent in 2021

    Vaiva Baltonis

    Coldwell Banker Realty

    (203) 671-6641

    1 in this area

    25 Total Sales

    Vaiva Baltonis
    Section Image
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Map

Source: SmartMLS

MLS Number: 170459863

SmartMLS

APN: ORAN-000066-000003-000013

Connecticut New Haven County Orange 06477

501 Summit Dr, Orange, CT

Not Listed for Sale

Detached

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