NOT LISTED FOR SALE

540 Kemp Rd Hampton, CT 06247

Estimated Value: $320,000 - $375,000

3 Beds
2 Baths
1,827 Sq Ft
$186/Sq Ft Est. Value

Last Sold November 03, 2017

Last sale price $44,509 $24 Per Sq Ft

Est. 664% increase in value since last sale

Current estimated payment $2,303/month

229 Days on Market

Highlights

  • Barn
  • 2 Fireplaces
  • Attached Carport
  • Cape Cod Architecture
  • No HOA

About This Home

As of November 2017

**PRICE REDUCED** LARGE CAPE ENCOMPASSING 1827 SQUARE FEET OF LIVING SPACE. ENJOY TRANQUILITY IN THIS NEIGHBORHOOD WITH PLENTY OF PRIVACY. SITS ON AN ACRE OF LAND. PROPERTY OFFERS COVERED PARKING IN THE BACK. THERE IS ALSO A BARN TOWARD THE FRONT OF THE PROPERTY. HARDWOOD FLOORS THROUGHOUT THE MAIN LEVEL. HUD Home. Sold “AS IS” by elec. bid only. Prop avail 08/31/17. Bids due Daily by 11:59 PM (CT) until sold. FHA Case #061-294165. Uninsured. Eligible for FHA 203K. Finance terms: FHA, Cash, Conv. BLB Resources makes no warranty as to condition of property. Buyer to verify all info. Located in a rural area, State law requires Smoke/ Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity. Uses a septic system and a well. Any required system repairs will be the buyer's expense, Property has an oil fuel tank. Any required system repairs will be the buyer's expense, Barn structure present on property, Repairs exceed $10,000. Repairs may include but not limited to structure, electrical, roof, HVAC, and plumbing; Inspection recommended. -- Areas of ceiling damaged. Exposed sub floor. Electrical system not functional. Plumbing system failed to hold pressure. Defective paint surfaces, Defective paint surfaces. , Property >215 years old. Built 1800. LBP

Last Agent to Sell the Property

John Oliveri

Property Works New England License #REB.0758662 Listed on: 01/28/2017

Last Buyer's Agent

John Oliveri

Property Works New England

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1800

Lot Details

  • 1

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,827 Sq Ft Home
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Attached Carport
  • Dirt Driveway

Schools

  • Pboe Elementary School
  • Pboe High School

Utilities

  • Radiator
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Oil Water Heater

Additional Features

  • 1 Acre Lot
  • Barn

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod
  • Public Record Living Room Sq Ft: 1827
  • Total Sq Ft: 1827
  • Year Built: 1800
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3350
  • Directions: From Back Rd to Kemp Rd
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 2
  • Basement Description: Full
  • Appliances: Oven/Range
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Street Number Modifier: 540

Exterior Features

  • Exterior Features: Barn
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Carport
  • Garages Number: 2
  • Driveway Type: Dirt

Utilities

  • Heat Type: Radiator
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: PBOE
  • High School: PBOE

Lot Info

  • Acres: 1.0000

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 5217
  • Total Assessed Value: 134870
  • Mil Rate Total: 38.680
  • Assessor Parcel Number: 1716221

MLS Schools

  • Elementary School: PBOE
  • High School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2017
Closed on
Nov 6, 2017
Sold by
Weiller Jeffrey
Bought by
Weiller Jaw
Seller's Agent
John Oliveri
Property Works New England
Buyer's Agent
John Oliveri
Property Works New England
List Price
$88,303
Sold Price
$44,509
Premium/Discount to List
-$43,794
-49.6%
Current Estimated Value
$340,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,546
Avg. Annual Appreciation
29.16%
Original Mortgage
$500,000
Outstanding Balance
$420,749
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$88,933

Purchase Details

Closed on
Jan 17, 2017
Sold by
Citimortgage Inc
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
May 10, 2012
Sold by
Shashok Rye M
Bought by
Citimortgage Inc

Purchase Details

Closed on
Apr 3, 2006
Sold by
Cote Gene Anne and Cote Oliver J
Bought by
Shashok Rye M and Martin Laure

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,092
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 1988
Sold by
Nye Joseph
Bought by
Jones Gebe
Source: Public Records

Range of Values:

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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
Weiller Jaw $44,509 --
Weiller Jeffrey $44,509 --
Department Of Housing & Urban Dev -- --
Citimortgage Inc -- --
Shashok Rye M $204,400 --
Jones Gebe $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nye Joseph $500,000
Previous Owner Nye Joseph $197,092
Previous Owner Nye Joseph $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2017 11/03/17 Sold $44,509 -44.0% $24 / Sq Ft
09/14/2017 09/14/17 Pending -- -- --
08/31/2017 08/31/17 Price Changed $79,473 -10.0% $43 / Sq Ft
08/22/2017 08/22/17 For Sale $88,303 0.0% $48 / Sq Ft
08/14/2017 08/14/17 Pending -- -- --
07/22/2017 07/22/17 Price Changed $88,303 0.0% $48 / Sq Ft
07/22/2017 07/22/17 For Sale $88,303 -8.0% $48 / Sq Ft
07/17/2017 07/17/17 Pending -- -- --
06/17/2017 06/17/17 Price Changed $95,981 -10.0% $53 / Sq Ft
05/12/2017 05/12/17 Price Changed $106,646 -17.2% $58 / Sq Ft
03/02/2017 03/02/17 Price Changed $128,800 -8.0% $70 / Sq Ft
01/28/2017 01/28/17 For Sale $140,000 -- $77 / 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 $5,571 $177,240 $29,120 $148,120
2024 $5,273 $177,240 $29,120 $148,120
2023 $5,076 $126,900 $29,100 $97,800
2022 $4,949 $126,900 $29,100 $97,800
2021 $4,949 $126,900 $29,100 $97,800
2020 $5,412 $126,900 $29,100 $97,800
2019 $5,412 $126,900 $29,100 $97,800
2018 $5,318 $134,870 $41,900 $92,970
2017 $5,217 $134,870 $41,900 $92,970
2016 $5,217 $134,870 $41,900 $92,970
2015 $4,822 $134,870 $41,900 $92,970
2014 $4,720 $134,870 $41,900 $92,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: G10194109

SmartMLS

APN: SCOT-000004-000011-000028