NOT LISTED FOR SALE

51 Melissa Ln Prospect, CT 06712

Estimated Value: $652,000 - $783,000

0.97 Acre
$741,394 Price per Acre
42,253 Sq Ft Lot

Last Sold June 17, 2019

Last sale price $125,000

Est. 475% increase in value since last sale

Current estimated payment $4,659/month

440 Days on Market

About This Lot

As of June 2019

Location: 51 Melissa Lane, Prospect, CT 06712

Wooded lot on a loop road
Minimal traffic
Front lot.
Deed restricted subdivision
Perk and deep hole tests already approved by local health district
Ready for building permit
We have another lots available in Prospect
LISTING BROKER IS ALSO PART OWNER OF PROPERTY

Last Agent to Sell the Property

Michael Guastaferri

MAG Investments LLC License #REB.0791907 Listed on: 02/21/2018

Last Buyer's Agent

Dave Jones

Dave Jones Realty, LLC License #REB.0789397

Dave Jones Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,748

Lot Details

  • 0.97 Acre Lot
  • Property fronts a private road
  • Partially Wooded Lot

Utilities

  • Well Required
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$2,748

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Remarks Public Addendum: LISTING BROKER IS ALSO PART OWNER OF PROPERTY
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: Cheshire Road to Matthew Street. Matthew Street to Blue Trail Drive. Blue Trail Drive to Melissa Lane
  • Special Features: None

Exterior Features

  • Road Frontage Description: Private Road

Utilities

  • Water Source: Well Required
  • Sewer: Septic Required
  • Utilities Available: Electric Available, Phone Available, Cable Available
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.9700
  • Lot Description: Lightly Wooded
  • Lots Number Of: 1
  • Zoning: residential

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 2748
  • Assessor Parcel Number: 1314367

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2018
Closed on
Jun 17, 2019
Sold by
Paulmar Associates Lp
Bought by
Airo Metali and Airo Gezime
Seller's Agent
Michael Guastaferri
MAG Investments LLC
Buyer's Agent
Dave Jones
Dave Jones Realty, LLC
List Price
$150,000
Sold Price
$125,000
Premium/Discount to List
-$25,000
-16.67%
Current Estimated Value
$719,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$594,152
Avg. Annual Appreciation
30.41%
Original Mortgage
$93,750
Outstanding Balance
$82,429
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$636,723

Purchase Details

Closed on
Dec 3, 2018
Sold by
Josephine Guastaferri T
Bought by
Paulmar Associates Lp

Purchase Details

Closed on
Jun 2, 2005
Sold by
Guastaferri Josephine M and Guastaferri Josephine M
Bought by
Lamanna Tina M and Philbrick Mark A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Airo Metali $125,000 --
Airo Metali $125,000 --
Paulmar Associates Lp -- --
Paulmar Associates Lp -- --
Lamanna Tina M $169,900 --
Lamanna Tina M $169,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Airo Metali $93,750
Closed Airo Metali $93,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2019 06/17/19 Sold $125,000 -7.4% --
05/07/2019 05/07/19 Pending -- -- --
11/28/2018 11/28/18 Price Changed $135,000 -10.0% --
02/21/2018 02/21/18 For Sale $150,000 -- --
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 $10,772 $421,260 $103,390 $317,870
2024 $9,546 $297,000 $103,370 $193,630
2023 $9,480 $297,000 $103,370 $193,630
2022 $9,489 $297,000 $103,370 $193,630
2021 $7,717 $238,910 $103,370 $135,540
2020 $2,779 $87,940 $87,940 $0
2019 $4,842 $87,940 $87,940 $0
2018 $2,726 $87,940 $87,940 $0
2017 $2,748 $87,940 $87,940 $0
2016 $2,630 $87,940 $87,940 $0
2015 $2,570 $87,940 $87,940 $0
2014 $2,549 $87,940 $87,940 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170054343

SmartMLS

APN: PROS-000114-000088-000051