NOT LISTED FOR SALE

53 Palmer Rd Morris, CT 06763

Estimated Value: $878,000 - $1,098,000

3 Beds
2 Baths
1,764 Sq Ft
$550/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $640,000 $363 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,658/month

89 Days on Market

Highlights

  • Lake Front
  • Deck
  • 1 Fireplace
  • Open Floorplan
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

As of February 2023

Waterfront living at its best on Connecticut's largest natural lake, Bantam Lake. This completely renovated 3 bed 2 bath ranch is nestled in highly desirable Nick's Cove offering colorful northwest views. The open concept kitchen and great room boast cathedral ceilings with exposed beams, fireplace, and sliding glass doors to the expansive deck for convenient indoor/outdoor entertaining. The large primary bedroom is well appointed with closet space, high ceilings, and en suite bathroom with ample natural light. Two additional bedrooms, office/mudroom, 2 car garage, and brand new mechanicals and roof complete this turn key, low maintenance home. Bantam Lake is full of activity all year long and is well known for its ski club, rowing, fishing, outdoor concerts, beaches, and boating and sailing communities. Situated within the Litchfield Hills, this home is in close proximity to numerous 5 star restaurants, wineries, hiking trails and top notch public and private schools and only 90 minutes from NYC. Bring your boat and get ready to make memories for years to come, the lake life awaits!

Last Agent to Sell the Property

Constance Trolle

Litchfield Hills Properties LLC License #REB.0755958 Listed on: 10/19/2022

Co-Listed By

Devon O'Neill

Litchfield Hills Properties LLC License #RES.0819874

Last Buyer's Agent

AMITY WOLFE

W. Raveis Lifestyles Realty License #RES.0763733

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,864

Year Built

  • Built in 1963

Lot Details

  • 0.28 Acre Lot
  • Lake Front
  • Open Lot
  • Property is zoned L-6

HOA Fees

  • $42 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,764 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Water Views

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Private Driveway

Outdoor Features

  • Deck
  • Rain Gutters

Location

  • Property is near golf course

Schools

  • James Morris Elementary School
  • Wamago Regional High School

Utilities

  • Split Air Conditioning
  • Private Company Owned Well
  • Cable TV Available

Community Details

  • Association fees include tennis, lake/beach access, trash pickup

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,864

Year Built

Built in 1963

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Neighborhood: Deer Island
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1764
  • Public Record Living Room Sq Ft: 1764
  • Total Sq Ft: 1764
  • Year Built: 1963
  • Nearby Amenities: Golf Course, Health Club, Lake, Library, Medical Facilities, Private Rec Facilities, Private School(s), Stables/Riding
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Special Assessment Details: Deer Island Association
  • Public Record Gross Sq Ft: 3040
  • Directions: RT 209 to Palmer Road, house on left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Open Floor Plan
  • Appliances: Oven/Range, Microwave, Range Hood, Refrigerator, Dishwasher
  • Attic: No

Exterior Features

  • Exterior Features: Deck, Gutters
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, Lake, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Split System
  • Heat Fuel Type: Electric
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Tennis, Lake/Beach Access, Trash Pickup
  • HOA Fees: 500
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.2800
  • Lot Description: Open Lot
  • Zoning: L-6

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 8864
  • Mil Rate Base: 23.990
  • Assessor Parcel Number: 826040

MLS Schools

  • Elementary School: James Morris
  • High School: Wamago Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2022
Closed on
Feb 17, 2023
Sold by
Pavalock Robert H
Bought by
Medina Bridget and Medina Steven
Seller's Agent
Constance Trolle
Litchfield Hills Properties LLC
Buyer's Agent
AMITY WOLFE
W. Raveis Lifestyles Realty
List Price
$695,000
Sold Price
$640,000
Premium/Discount to List
-$55,000
-7.91%
Views
56
Current Estimated Value
$922,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,359
Avg. Annual Appreciation
14.97%
Original Mortgage
$384,000
Outstanding Balance
$337,133
Interest Rate
5.17%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$632,753

Purchase Details

Listed on
Oct 19, 2022
Closed on
Feb 2, 2023
Sold by
Pavalock Cathy
Bought by
Pavalock Robert H
Seller's Agent
Constance Trolle
Litchfield Hills Properties LLC
Buyer's Agent
AMITY WOLFE
W. Raveis Lifestyles Realty
List Price
$695,000
Sold Price
$640,000
Premium/Discount to List
-$55,000
-7.91%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Outstanding Balance
$337,133
Interest Rate
5.17%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$632,753

Purchase Details

Closed on
May 22, 2020
Sold by
Living Space Association
Bought by
Pavalock Robert H

Purchase Details

Closed on
Dec 13, 1979
Bought by
Living Space Assoc Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Medina Bridget -- None Available
Medina Bridget -- None Available
Pavalock Robert H -- None Available
Pavalock Robert H -- None Available
Pavalock Robert H -- None Available
Pavalock Robert H -- None Available
Living Space Assoc Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medina Bridget $384,000
Closed Medina Bridget $384,000
Closed Pavalock Robert H $384,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2023 02/24/23 Sold $640,000 -7.9% $363 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
10/19/2022 10/19/22 For Sale $695,000 -- $394 / Sq Ft
Source: SmartMLS

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 $9,908 $509,930 $298,190 $211,740
2024 $8,790 $500,000 $298,190 $201,810
2023 $9,150 $500,000 $298,190 $201,810
2022 $8,864 $369,470 $232,890 $136,580
2021 $8,630 $350,380 $232,890 $117,490
2020 $7,802 $309,980 $232,890 $77,090
2019 $7,935 $298,970 $232,890 $66,080
2018 $7,505 $282,450 $232,890 $49,560
2017 $7,744 $270,100 $193,410 $76,690
2016 $7,517 $270,100 $193,410 $76,690
2015 $7,001 $270,100 $193,410 $76,690
2014 $5,841 $260,970 $180,250 $80,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170531242

SmartMLS

APN: MORR-000036-000300-000053