NOT LISTED FOR SALE

524 N Elm St Wallingford, CT 06492

Estimated Value: $502,000 - $577,000

3 Beds
3 Baths
2,102 Sq Ft
$255/Sq Ft Est. Value

Last Sold October 26, 2021

Last sale price $346,000 $165 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,517/month

About This Home

LIVE, LAUGH, LOVE IN THIS BEAUTIFULLY MAINTAINED 3-4 BR CAPE ON .52 ACRE LOT IN WALKING DISTANCE TO THE CENTER OF TOWN! SPECIAL ATTENTION TO DETAIL WITH REGARDS TO THE REMODELED IN 2018 KITCHEN WITH HARDWOOD FLOORS, LIGHT AND BRIGHT WHITE CABINETS AND GRANITE COUNTERS! OFF THE KITCHEN THERE IS A PANTRY SPACE WITH WASHER & DRYER HOOKUP AND DOOR TO THE 26'8" X 16'9" BRICK PATIO OVERLOOKING THE HUGE SHED AND BACK YARD! THE LIVINGROOM HAS A WOOD BURNING FIREPLACE WITH BUILTINS ON EITHER SIDE OF IT! SPACIOUS DINING ROOM WITH DOOR TO COVERED FRONT PORCH, JUST SIT AND WATCH THE WORLD GO BY! 1ST FLOOR BR WITH ITS OWN HALF BATH! THERE IS AN ADDITIONAL FIRST FLOOR FULL BATH AND AN OFFICE/DEN WITH A CLOSET THAT HAS BEEN USED AS A 4TH BR IN THE PAST! UPSTAIRS THE MASTER BR HAS A WALKIN CLOSET AND ITS OWN FULL BATHROOM! THE 2ND BR HAS CATHEDRAL CEILINGS AND PLENTY OF CLOSET SPACE AND ACCESS TO WALKIN ATTIC STORAGE.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Oct 20, 2021
Sold by
Quinto Jeffrey C and Bacon-Quinto Martha
Bought by
Lancaster Michael J
Seller's Agent
Patrick Combs
Dan Combs Real Estate
Buyer's Agent
Loretta Sevas
Berkshire Hathaway NE Prop.
List Price
$349,900
Sold Price
$346,000
Premium/Discount to List
-$3,900
-1.11%
Current Estimated Value
$536,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,426
Avg. Annual Appreciation
11.35%
Original Mortgage
$346,000
Outstanding Balance
$315,520
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$220,906

Purchase Details

Closed on
Mar 23, 2001
Sold by
Smith Steven G and Smith Lynn M
Bought by
Quinto Jeffrey C and Quinto Martha B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
6.93%

Purchase Details

Closed on
Jul 27, 2000
Sold by
Orosz Statia M and Plourde Dianne H
Bought by
Gillis Francis C and Gillis Shirley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,013
Interest Rate
8.18%
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
Lancaster Michael J $346,000 None Available
Lancaster Michael J $346,000 None Available
Quinto Jeffrey C $189,000 --
Quinto Jeffrey C $189,000 --
Gillis Francis C $130,000 --
Gillis Francis C $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lancaster Michael J $346,000
Closed Lancaster Michael J $346,000
Previous Owner Gillis Francis C $89,000
Previous Owner Gillis Francis C $178,013
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2021 10/26/21 Sold $346,000 -1.1% $165 / Sq Ft View Prior Sale
09/08/2021 09/08/21 For Sale $349,900 -- $166 / Sq Ft

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 $8,213 $340,500 $115,900 $224,600
2024 $7,282 $237,500 $96,600 $140,900
2023 $6,968 $237,500 $96,600 $140,900
2022 $6,897 $237,500 $96,600 $140,900
2021 $6,774 $237,500 $96,600 $140,900
2020 $6,153 $210,800 $95,600 $115,200
2019 $6,153 $210,800 $95,600 $115,200
2018 $6,037 $210,800 $95,600 $115,200
2017 $6,018 $210,800 $95,600 $115,200
2016 $5,879 $210,800 $95,600 $115,200
2015 $5,909 $215,100 $95,600 $119,500
2014 $5,784 $215,100 $95,600 $119,500
Source: Public Records

Agents Affiliated with this Home

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