NOT LISTED FOR SALE

502 Parum Rd Colchester, CT 06415

Estimated Value: $397,000 - $426,000

3 Beds
2 Baths
1,989 Sq Ft
$207/Sq Ft Est. Value

Last Sold November 28, 2022

Last sale price $342,000 $172 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,719/month

2 Days on Market

Highlights

  • 2.24 Acre Lot
  • Open Floorplan
  • Raised Ranch Architecture
  • William J. Johnston Middle School Rated A-
  • Deck
  • Partially Wooded Lot

About This Home

As of November 2022

Welcome home to this well maintained raised ranch ready for you to move right in! Step inside to the open floor plan living space on the main level, filled with natural light and hardwood flooring. The spacious kitchen offers plenty of cabinet/counter space, with an island for extra seating and entertaining. Dining area with slider to the back deck.
Down the hallway, you’ll find 3 bedrooms. Master bedroom with walk-in closet and full bathroom.
Large and bright finished lower level with slider to the backyard.
Tucked away laundry area with cabinets and shelving.
Additional storage space in unfinished area, plus 2 car garage.
Set on 2.24 private, sprawling acres. Perfect for backyard fun and entertainment!
Quick access to route 2 for easy commuting and close to downtown amenities.

Last Agent to Sell the Property

Lea Poresky

Carl Guild & Associates License #RES.0819363 Listed on: 09/22/2022

Carl Guild & Associates

Last Buyer's Agent

Deborah Fountain

William Pitt Sotheby's Int'l License #RES.0760956

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,216

Year Built

  • Built in 2005

Lot Details

  • 2.24 Acre Lot
  • Level Lot
  • Partially Wooded Lot
  • Property is zoned R-60

Home Design

  • Raised Ranch Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Shed

Location

  • Property is near a golf course

Schools

  • Colchester Elementary School
  • Bacon Academy High School

Utilities

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

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,216

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Raised Ranch
  • Sq Ft Est Heated Above Grade: 1381
  • Public Record Living Room Sq Ft: 1381
  • Sq Ft Est Heated Below Grade: 608
  • Total Sq Ft: 1989
  • Year Built: 2005
  • Nearby Amenities: Basketball Court, Golf Course, Library, Park, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2778
  • Directions: Route 354/Parum Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full With Walk-Out, Fully Finished, Storage
  • Interior Amenities: Open Floor Plan
  • Appliances: Electric Range, Microwave, Refrigerator, Freezer, Dishwasher, Washer, Dryer
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 502

Exterior Features

  • Exterior Features: Deck, Patio, Shed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Tankless Hotwater
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Colchester
  • High School: Bacon Academy

Lot Info

  • Acres: 2.2400
  • Lot Description: Level Lot, Lightly Wooded, N/A
  • Flood Zone: No
  • Zoning: R-60

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 5216
  • Total Assessed Value: 192600
  • Mil Rate Base: 27.080
  • Mil Rate Total: 27.080
  • Assessor Parcel Number: 2334595

MLS Schools

  • Elementary School: Colchester
  • High School: Bacon Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2010
Sold by
Brais Adam and Brais Amy
Bought by
Borah Daniel
Current Estimated Value
$410,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,150
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 4, 2006
Sold by
Tim Forget Electric Ll
Bought by
Brais Adam and Brais Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,920
Interest Rate
6.28%
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
Borah Daniel $265,000 --
Brais Adam $299,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Opsahl Evan $331,740
Closed Brais Adam $260,150
Previous Owner Brais Adam $239,920
Previous Owner Brais Adam $44,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2022 11/28/22 Sold $342,000 +3.6% $172 / Sq Ft
09/24/2022 09/24/22 Pending -- -- --
09/22/2022 09/22/22 For Sale $330,000 -- $166 / 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 $5,763 $192,600 $34,300 $158,300
2024 $5,522 $192,600 $34,300 $158,300
2023 $5,243 $192,600 $34,300 $158,300
2022 $5,216 $192,600 $34,300 $158,300
2021 $4,929 $150,100 $38,300 $111,800
2020 $4,929 $150,100 $38,300 $111,800
2019 $4,929 $150,100 $38,300 $111,800
2018 $4,845 $150,100 $38,300 $111,800
2017 $4,859 $150,100 $38,300 $111,800
2016 $4,739 $153,300 $49,100 $104,200
2015 $4,716 $153,300 $49,100 $104,200
2014 $4,653 $152,200 $49,100 $103,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170524199

SmartMLS

APN: COLC-000003-000005-000021-A000003