$135,000
SOLD MAR 25, 2016

540 Ridge Rd Wethersfield, CT 06109

3 Beds
1.5 Baths
2,041 Sq Ft
0.38 Acres

Recently Sold

$66 Per Sq Ft

52% Below List Price

248 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • No HOA
  • Deck
  • 1 Fireplace
  • Floor Furnace

About This Home

As of December 2020

This home reflects the character of its era of the 1930's. The rooms are spacious and feature hardwood except for the kitchen and baths. Seller believes there is hardwood under carpeting. The living room has a bay window and fireplace and opens into a large dining room perfect for feasting with a crowd. The dining room opens into the family room. The house is conducive for those who like to entertain. The kitchen is dated but provides a great pallet for your dream kitchen. There are three bedrooms and a full bath on the second level. The smaller of the bedrooms has a cedar closet and access to the walk-up attic which provides potential for additional expansion. The master bedroom is a spacious 15x15. The mid size bedroom is 13x14. The hallway features a curved wall and a large closet. All the bedrooms have good closet space. The lower level provides plenty of storage space as well as access to the garage. The house sits high enough to enjoy a nice view. The house is priced to reflect needed updates and is a perfect candidate for a 203K rehab loan either a streamline (under $35,000) or a traditional 203K for additional funds.

Last Agent to Sell the Property

Cindy Craig

RE/MAX Precision Realty License #RES.0146450 Listed on: 04/11/2015

RE/MAX Precision Realty

Last Buyer's Agent

Cindy Craig

RE/MAX Precision Realty License #RES.0146450 Listed on: 04/11/2015

RE/MAX Precision Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,629

Year Built

  • Built in 1938

Lot Details

  • 0.38 Acre Lot
  • Open Lot

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • 2,041 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Attic

  • Attic Floors
  • Walkup Attic

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck
  • Shared Driveway

Outdoor Features

  • Deck

Schools

  • Emerson-Williams Elementary School
  • Wethersfield High School

Utilities

  • Floor Furnace
  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,629

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 2041
  • Year Built: 1938
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Ridge Road between Wells Road and Nott Street. House is located across the street from Onlook Road.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Floored, Walk-up
  • Basement Description: Full With Walk-Out
  • Appliances: Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
  • Laundry Room Location: Lower Level
  • Attic: Yes
  • Street Number Modifier: 540

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Aluminum
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Under House Garage
  • Garages Number: 1
  • Driveway Type: Asphalt, Shared

Utilities

  • Heat Type: Radiator
  • Heat Fuel Type: Natural Gas, Oil
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Electrical Amperage: 100

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Emerson-Williams
  • High School: Wethersfield

Lot Info

  • Acres: 0.3800
  • Lot Description: Open Lot

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 6629
  • Total Assessed Value: 173600
  • Mil Rate Total: 38.190
  • Assessor Parcel Number: 766189

MLS Schools

  • Elementary School: Emerson-Williams
  • High School: Wethersfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Dec 28, 2020
Sold by
Karami Youssef and Karami Denisa
Bought by
Negrini Ashley M
Seller's Agent
Kemal Tahirovic
Golden Rule Realty
Buyer's Agent
Charlene Kalinowski
Gorski Realty LLC
List Price
$299,900
Sold Price
$295,000
Premium/Discount to List
-$4,900
-1.63%
Current Estimated Value
$450,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,210
Avg. Annual Appreciation
9.69%
Original Mortgage
$275,000
Outstanding Balance
$246,518
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$204,585

Purchase Details

Listed on
Feb 27, 2017
Closed on
Jun 26, 2017
Sold by
Victory Property Solut
Bought by
Karami Youssef and Karami Denisa
Seller's Agent
Cindy Craig
RE/MAX Precision Realty
Buyer's Agent
Kemal Tahirovic
Golden Rule Realty
List Price
$295,000
Sold Price
$277,000
Premium/Discount to List
-$18,000
-6.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.81%
Original Mortgage
$263,150
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 11, 2015
Closed on
Mar 29, 2016
Sold by
Marie Schiavone T and Bazzano Timothy
Bought by
Victory Property Solut
Seller's Agent
Cindy Craig
RE/MAX Precision Realty
Buyer's Agent
Cindy Craig
RE/MAX Precision Realty
List Price
$279,900
Sold Price
$135,000
Premium/Discount to List
-$144,900
-51.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.71%
Original Mortgage
$25,000
Interest Rate
3.65%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $295,000 None Available
Warranty Deed $295,000 None Available
Warranty Deed $277,000 --
Deed $135,000 --
Warranty Deed $277,000 --
Deed $135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $275,000 New Conventional
Closed $275,000 New Conventional
Previous Owner $264,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $263,150 Purchase Money Mortgage
Previous Owner $25,000 Stand Alone Second
Previous Owner $150,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Sold $295,000 -1.6% $143 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $299,900 +8.3% $146 / Sq Ft
06/26/2017 06/26/17 Sold $277,000 +0.7% $136 / Sq Ft
05/11/2017 05/11/17 Price Changed $275,000 -3.5% $135 / Sq Ft
04/19/2017 04/19/17 Price Changed $285,000 -3.4% $140 / Sq Ft
02/27/2017 02/27/17 For Sale $295,000 +118.5% $145 / Sq Ft
03/25/2016 03/25/16 Sold $135,000 -51.8% $66 / Sq Ft
12/15/2015 12/15/15 Pending -- -- --
04/11/2015 04/11/15 For Sale $279,900 -- $137 / 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 $10,500 $254,720 $74,260 $180,460
2024 $8,135 $188,230 $65,050 $123,180
2023 $7,864 $188,230 $65,050 $123,180
2022 $7,732 $188,230 $65,050 $123,180
2021 $7,655 $188,230 $65,050 $123,180
2020 $7,659 $188,230 $65,050 $123,180
2019 $7,668 $188,230 $65,050 $123,180
2018 $7,915 $194,100 $66,400 $127,700
2017 $7,719 $194,100 $66,400 $127,700
2016 $6,691 $173,600 $66,400 $107,200
2015 $6,630 $173,600 $66,400 $107,200
2014 $6,378 $173,600 $66,400 $107,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: G10032326

SmartMLS

APN: WETH-000077-000000-000067