NOT LISTED FOR SALE

541 Locust Dr Orange, CT 06477

Estimated Value: $500,000 - $647,000

4 Beds
2 Baths
2,134 Sq Ft
$261/Sq Ft Est. Value

Last Sold July 09, 2020

Last sale price $245,000 $115 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $3,655/month

73 Days on Market

Highlights

  • Ranch Style House
  • 1 Fireplace
  • 2 Car Attached Garage
  • Race Brook School Rated A-
  • No HOA
  • Baseboard Heating

About This Home

As of July 2020

Great Opportunity for home ownership in Orange. This four bedroom ranch is centrally located to all amenities Orange has to offer, parks, school, shops and great local restaurants. All this plus minutes to major highland and train stations. Home offers open floor plan, formal dinning room and eat in kitchen. Sold as is (IE) Insured with Escrow- Financing Available is Cash, Conventional, FHA and FHA 203K financing. Ask about the $100 down payment assistance program. Lead Based Paint Addendum Attached. Please make an appointment to view this home with a Real Estate Agent or Broker of your choice. All showings are subject to the state’s COVID-19 orders, recommendations, guidance, and all CDC and local health mandates and/or guidance regarding listing showings.

Last Agent to Sell the Property

Toni Ross

Coldwell Banker Realty License #RES.0586883 Listed on: 04/15/2020

Coldwell Banker Realty

Co-Listed By

Michael Sirochman

Coldwell Banker Realty License #RES.0773414

Last Buyer's Agent

Balvin Wright

Weichert Realtors MRG License #RES.0780188

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,964

Year Built

  • Built in 1962

Lot Details

  • 0.96 Acre Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,134 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Radiant Heating System
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,964

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 2134
  • Public Record Living Room Sq Ft: 2134
  • Total Sq Ft: 2134
  • Year Built: 1962
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4484
  • Directions: North on Racebrook Road, turn left on High Meadow Drive, turn left on Locust. Home is on the left hand side.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Full
  • Laundry Room Info: Main Level
  • Attic: No

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2

Utilities

  • Heat Type: Baseboard, Radiant
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.9600
  • Lot Description: Level Lot
  • Zoning: Reside

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 6964
  • Mil Rate Base: 32.590
  • Assessor Parcel Number: 1302412

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2020
Closed on
Jul 8, 2020
Sold by
Usa Hud
Bought by
Jones Keith
Seller's Agent
Toni Ross
Coldwell Banker Realty
Buyer's Agent
Balvin Wright
Weichert Realtors MRG
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Current Estimated Value
$557,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,638
Avg. Annual Appreciation
16.16%
Original Mortgage
$259,468
Outstanding Balance
$229,051
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$328,588

Purchase Details

Closed on
Mar 25, 2020
Sold by
Wells Fargo Bank Na
Bought by
Usa Hud

Purchase Details

Closed on
Mar 5, 2010
Sold by
Est Doorfee Marret A and Flaherty Linda D
Bought by
Poulin Lorie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,385
Interest Rate
5.5%
Mortgage Type
FHA
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
Jones Keith $245,000 None Available
Jones Keith $245,000 None Available
Usa Hud -- None Available
Usa Hud -- None Available
Poulin Lorie M $310,000 --
Poulin Lorie M $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Keith $259,468
Closed Jones Keith $259,468
Previous Owner Poulin Lorie M $7,617
Previous Owner Poulin Lorie M $304,385
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2020 07/09/20 Sold $245,000 -2.0% $115 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
04/15/2020 04/15/20 For Sale $250,000 -- $117 / 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 $8,870 $304,800 $179,300 $125,500
2024 $9,449 $304,800 $179,300 $125,500
2023 $7,073 $218,900 $130,900 $88,000
2022 $6,990 $213,700 $130,900 $82,800
2021 $7,106 $213,700 $130,900 $82,800
2020 $6,997 $213,700 $130,900 $82,800
2019 $6,964 $213,700 $130,900 $82,800
2018 $6,838 $213,700 $130,900 $82,800
2017 $7,122 $214,000 $112,100 $101,900
2016 $6,891 $214,000 $112,100 $101,900
2015 $6,720 $214,000 $112,100 $101,900
2014 $6,527 $214,000 $112,100 $101,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170286060

SmartMLS

APN: ORAN-000053-000005-000002