NOT LISTED FOR SALE

503 Lebanon Ave Colchester, CT 06415

Estimated Value: $401,000 - $510,000

2 Beds
1 Bath
1,368 Sq Ft
$326/Sq Ft Est. Value

Last Sold November 20, 2012

Last sale price $165,000 $121 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $2,934/month

32 Days on Market

Highlights

  • Ranch Style House
  • Attic
  • Corner Lot
  • William J. Johnston Middle School Rated A-
  • 1 Fireplace
  • 2 Car Attached Garage

About This Home

As of November 2012

Spacious ranch on rolling 1.9 Acres. Beautiful lot. Attached garage, hw floors. Central air. Needs some udating. Note: assessment data is for fy 2011. New assesment is $135,800. Mill rate avail. From town.

Last Agent to Sell the Property

Rick Nassiff

KW Legacy Partners License #RES.0788579 Listed on: 06/15/2012

KW Legacy Partners

Last Buyer's Agent

Peter Plourde

Berkshire Hathaway NE Prop. License #RES.0751591

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,515

Year Built

  • Built in 1955

Lot Details

  • 1.9 Acre Lot
  • Corner Lot
  • Lot Has A Rolling Slope
  • Garden

Home Design

  • Ranch Style House
  • Aluminum Siding
  • Stone Siding

Interior Spaces

  • 1,368 Sq Ft Home
  • 1 Fireplace
  • Attic or Crawl Hatchway Insulated
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Driveway

Schools

  • Per Boa Elementary School
  • Bacon High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,515

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Ranch
  • Total Sq Ft: 1368
  • Year Built: 1955
  • Directions: Rt 16, 1/2 mi n of colchester ctr on left
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Crawl Space
  • Basement Description: Full With Hatchway, Partially Finished
  • Interior Amenities: Cable - Available
  • Appliances: Dishwasher, Refrigerator
  • Laundry Room Location: Lower Level
  • Attic: Yes
  • Street Number Modifier: 503

Exterior Features

  • Exterior Features: Garden Area
  • Exterior Siding: Aluminum, Stone
  • Swimming Pool: No

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Schools

  • Elementary School: Per Boa
  • High School: Bacon

Lot Info

  • Acres: 1.9000
  • Lot Description: Corner Lot, Rolling

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 4515
  • Total Assessed Value: 156800
  • Assessor Parcel Number: 2335446

MLS Schools

  • Elementary School: Per Boa
  • High School: Bacon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2012
Closed on
Nov 21, 2012
Sold by
Dominick Mary D
Bought by
Abel Stephen and Parker Alison
Seller's Agent
Rick Nassiff
KW Legacy Partners
Buyer's Agent
Peter Plourde
Berkshire Hathaway NE Prop.
List Price
$179,900
Sold Price
$165,000
Premium/Discount to List
-$14,900
-8.28%
Current Estimated Value
$445,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,592
Avg. Annual Appreciation
7.99%
Original Mortgage
$162,011
Outstanding Balance
$112,534
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$333,058
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
Abel Stephen $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abel Stephen $162,011
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2012 11/20/12 Sold $165,000 -8.3% $121 / Sq Ft
07/17/2012 07/17/12 Pending -- -- --
06/15/2012 06/15/12 For Sale $179,900 -- $132 / 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 $6,938 $231,900 $42,400 $189,500
2024 $6,411 $223,600 $42,400 $181,200
2023 $4,959 $182,200 $42,400 $139,800
2022 $4,390 $162,100 $42,400 $119,700
2021 $4,302 $131,000 $42,400 $88,600
2020 $4,302 $131,000 $42,400 $88,600
2019 $4,302 $131,000 $42,400 $88,600
2018 $4,229 $131,000 $42,400 $88,600
2017 $4,192 $129,500 $42,400 $87,100
2016 $4,198 $135,800 $49,900 $85,900
2015 $4,177 $135,800 $49,900 $85,900
2014 $4,151 $135,800 $49,900 $85,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: G625110

SmartMLS

APN: COLC-000006-000002-000005