Seller's Agent in 2022
Barbara Goetsch
William Pitt
(203) 927-7146
19 in this area
97 Total Sales
54 Wallace Rd Branford, CT 06405
Estimated Value: $971,000 - $2,474,370
2
Beds
2
Baths
1,636
Sq Ft
$1,163/Sq Ft
Est. Value
Highlights
- Public Water Access
- 6.59 Acre Lot
- Deck
- Waterfront
- Open Floorplan
- Contemporary Architecture
About This Home
As of June 2022Welcome to a retreat of magnificence! Designed by renowned architect, Peter Woerner in 1992. This expansive property of 6.59 acres offers ultimate privacy and abundant natural beauty. The house sits on top of a spectacular promontory with 40-foot drop-offs to a quarry pond below. The quarry pond, “Big Brooklyn”, supplied the stone for the base of the Brooklyn Bridge – and now provides a tranquil reflecting pool for the house! As you enter the first level of the house, the light infused panoramic views of the Long Island Sound, tidal marshes and Jarvis Creek are astounding! The main level includes living-dining space with vaulted ceilings and clerestory windows, study/guest room, full kitchen, and full bathroom. Walkout to a curved deck. At dusk, enjoy a beautiful flock of egrets throughout summer and fall. Second level: primary bedroom with balcony, guest bedroom, and full bath. Third level, the "Tower" room, is an aerie with a 360o, top of the world, vista! Protected on all sides from further development - bounded by two parcels of Land Trust and three large residential properties. As a coastal property, this house is not vulnerable to flooding or anticipated sea-level rise. The house is located at a land elevation of approximately 40 feet. All of this beauty is a quarter mile to the center of the historic village of Stony Creek, harbor, Thimble Islands and beach. A distinctive sanctuary of splendor awaits you.
Last Agent to Sell the Property
William Pitt Sotheby's Int'l License #RES.0772208 Listed on: 05/19/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,262
Year Built
- Built in 1992
Lot Details
- 6.59 Acre Lot
- Waterfront
- Open Space
- Secluded Lot
- Interior Lot
- Many Trees
- Property is zoned R-5
HOA Fees
- $6 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Cedar Siding
- Shake Siding
Interior Spaces
- 1,636 Sq Ft Home
- Open Floorplan
- 1 Fireplace
- Thermal Windows
- Entrance Foyer
- Water Views
- Crawl Space
- Home Security System
Kitchen
- Gas Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on upper level
- Dryer
- Washer
Parking
- Parking Deck
- Shared Driveway
- Paved Parking
Outdoor Features
- Public Water Access
- Walking Distance to Water
- Balcony
- Deck
Location
- Property is near shops
Schools
- Francis Walsh Middle School
- Branford High School
Utilities
- Central Air
- Heating System Uses Oil
- Tankless Water Heater
- Propane Water Heater
- Fuel Tank Located in Basement
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 19, 2022
Closed on
Jun 24, 2022
Sold by
Faith Hentschel Ret and Hentschel
Bought by
Richard Lethin T and Richard Lethin
Seller's Agent
Barbara Goetsch
William Pitt Sotheby's Int'l
Buyer's Agent
Carol Mancini
William Pitt Sotheby's Int'l
List Price
$1,950,000
Sold Price
$2,300,000
Premium/Discount to List
$350,000
17.95%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$397,543
Avg. Annual Appreciation
-5.41%
Original Mortgage
$1,500,000
Outstanding Balance
$1,425,603
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$476,854
Purchase Details
Closed on
Mar 8, 2017
Sold by
Hentschel Faith C
Bought by
Faith Hentschel Ret and Hentschel
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Richard Lethin T | $2,300,000 | None Available | |
| Faith Hentschel Ret | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Richard Lethin T | $1,500,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/24/2022 06/24/22 | Sold | $2,300,000 | +17.9% | $1,406 / Sq Ft |
| 05/26/2022 05/26/22 | Pending | -- | -- | -- |
| 05/24/2022 05/24/22 | For Sale | $1,950,000 | -- | $1,192 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $33,673 | $1,573,500 | $1,195,800 | $377,700 |
| 2024 | $16,831 | $552,200 | $362,800 | $189,400 |
| 2023 | $16,505 | $552,200 | $362,800 | $189,400 |
| 2022 | $16,262 | $552,200 | $362,800 | $189,400 |
| 2021 | $16,262 | $552,200 | $362,800 | $189,400 |
| 2020 | $15,970 | $552,200 | $362,800 | $189,400 |
| 2019 | $14,006 | $481,800 | $317,400 | $164,400 |
| 2018 | $13,799 | $481,800 | $317,400 | $164,400 |
| 2017 | $13,717 | $481,800 | $317,400 | $164,400 |
| 2016 | $13,206 | $481,800 | $317,400 | $164,400 |
| 2015 | $12,975 | $481,800 | $317,400 | $164,400 |
| 2014 | $12,244 | $466,600 | $317,400 | $149,200 |
Source: Public Records
Agents Affiliated with this Home
-
Barbara Goetsch
-
Carol Mancini
Buyer's Agent in 2022
Carol Mancini
William Pitt
(203) 710-6405
6 in this area
70 Total Sales
Map
Source: SmartMLS
MLS Number: 170492333
APN: BRAN-000010K-000002-000013
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