$225,000
UNDER CONTRACT $25K PRICE DROP

543 S Farms Terrace Unit 543 Southington, CT 06489

East Southington Neighborhood

Estimated payment $2,326/month

Total Views 12,538
2 Beds
2.5 Baths
1,782 Sq Ft
$126 Price per Sq Ft

Highlights

  • In Ground Pool
  • Deck
  • 1 Fireplace
  • Clubhouse
  • Partially Wooded Lot
  • Tennis Courts

About This Home

Welcome to this 2 Bedroom, 2.5 Bath Townhouse in beautiful Spring Lake Village, an active 55+ community. Enjoy the comfortable, open floor plan with Living Room and Dining Room boasting vaulted ceilings with beams, skylights, wood burning fireplace and French Doors to a private deck for your relaxation. The Kitchen provides ample cabinetry and breakfast bar. The Primary Bedroom with attached full Bath is located on the main level for easy living along with a 1/2 bath for guests. The upper level of the home adds more living area with a spacious loft, perfect for a home office or craft/hobby space. An additional bedroom with attached full bath complete this level, great for guests. The unit features a full basement providing ample storage space and an attached garage with easy access. Spring Lake Village presents an abundance of activities including an inground pool, pickleball, tennis, bocce, a garden area and clubhouse all in a picturesque, park-like setting. Convenient to highways, shopping, restaurants and downtown Southington. Come join this vibrant 55+ community! This is a reverse mortgage short sale.

Listing Agent

Phil Giampietro

Coldwell Banker Realty License #RES.0791901 Listed on: 06/20/2025

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,476

Year Built

  • Built in 1989

HOA Fees

  • $653 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,782 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Concrete Flooring

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on lower level
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Storage

Parking

  • 1 Car Garage
  • Parking Deck
  • Guest Parking
  • Visitor Parking

Outdoor Features

  • In Ground Pool
  • Deck
  • Exterior Lighting

Schools

  • Southington High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Partially Wooded Lot
  • Property is near a golf course

Listing and Financial Details

  • Assessor Parcel Number 724946

Community Details

Overview

  • Association fees include club house, tennis, grounds maintenance, snow removal, property management, pool service, insurance
  • 2 Units
  • Property managed by AB Property Management

Amenities

  • Community Garden
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,476

Year Built

Built in 1989

Lot Details

0

HOA Fees

$653 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1782
  • Total Sq Ft: 1782
  • Year Built: 1989
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Lake, Library, Medical Facilities, Tennis Courts
  • Association Amenities: Bocci Court, Club House, Gardening Area, Guest Parking, Pool, Tennis Courts
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Special Assessment Details: -roof assessment $669.67 until 12/2025
  • Condo Model Name: Townhouse
  • Directions: GPS compatible
  • Living Area Sq Ft Per Public Record: 1782
  • Spec Assoc Asses: Yes
  • Street Type: Terrace
  • Special Features: UnderContract

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full, Unfinished, Storage, Interior Access, Concrete Floor
  • Interior Amenities: Cable - Available
  • Appliances: Electric Range, Range Hood, Refrigerator, Dishwasher, Disposal, Washer
  • Laundry Room Info: Lower Level
  • Attic: No
  • Street Number Modifier: 543

Exterior Features

  • Exterior Features: Deck, Lighting
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Not Applicable
  • Swimming Pool: Yes
  • Pool: In Ground Pool
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, Tank Size Unknown
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Club House, Tennis, Grounds Maintenance, Snow Removal, Property Management, Pool Service, Insurance
  • Levels In Unit: 2
  • HOA Fees: 653
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: AB Property Management
  • Property Mgt Phone: (860) 828-0620
  • Total Number of Units In Complex: Spring Lake Village

Schools

  • Elementary School: Per Board of Ed
  • High School: Southington

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Lot Description: Lightly Wooded
  • Zoning: R-20/2
  • Property Info: Adult Community 55
  • Parcel #: 724946

Rental Info

  • Pets Allowed Info: Per association rules
  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 5476
  • Total Assessed Value: 164890
  • Mil Rate Total: 33.21

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Southington

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,476 $164,890 $0 $164,890
2024 $5,184 $164,890 $0 $164,890
2023 $5,006 $164,890 $0 $164,890
2022 $4,803 $164,890 $0 $164,890
2021 $4,787 $164,890 $0 $164,890
2020 $4,539 $148,200 $0 $148,200
2019 $4,541 $148,200 $0 $148,200
2018 $4,517 $148,200 $0 $148,200
2017 $4,517 $148,200 $0 $148,200
2016 $4,393 $148,200 $0 $148,200
2015 $4,425 $151,870 $0 $151,870
2014 $4,307 $151,870 $0 $151,870
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Price Changed $225,000 -10.0% $126 / Sq Ft
06/20/2025 06/20/25 For Sale $250,000 -- $140 / Sq Ft
Source: SmartMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $190,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,000 Reverse Mortgage Home Equity Conversion Mortgage
Closed $161,000 Unknown
Source: Public Records

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Source: SmartMLS

MLS Number: 24102912

SmartMLS

APN: SOUT-000101-000000-000001-000427