$505,000
SOLD SEP 17, 2021

55 Ribera Ln Middletown, CT 06457

3 Beds
3.5 Baths
3,835 Sq Ft
1.07 Acres

Recently Sold

$132 Per Sq Ft

15% Below List Price

56 Days on Market

Highlights

  • 1.07 Acre Lot
  • Partially Wooded Lot
  • 1 Fireplace
  • Colonial Architecture
  • Attic
  • No HOA

About This Home

As of September 2021

HIGHLY DESIRABLE & RARELY AVAILABLE home on Ribera Lane in the South Farms area of Middletown! Perched high in the hills with sweeping views from Powder Ridge to the Arrigoni Bridge you will fall in love with this home. Built in 2005, this beautiful center hall colonial has a traditional design with modern finishes and an open floor plan that entertains well. On the main level hardwood floor transition seamlessly from room to room. Update kitchen with stone countertops, large center island and walls of windows showcasing the fabulous view. On the second floor you will find three large bedrooms and a bonus space for a guest room, home office, home gym or a den. With over 3,000 square feet of finished living space including a fully finished walkout basement that is a perfect spot for entertaining, hosting overnight guests, or permanent guests as it has in-law suite potential with a full bath, wet bar & beautiful natural light! Living here feels like being on vacation.....yet quick access to Rt.9 and situated between Hartford & New Haven. Amazing location for quick access to many great restaurants, parks, hiking, Wadsworth falls and a short 10 minute drive to the beautiful Connecticut River.

Last Agent to Sell the Property

Margaret Wilcox

William Raveis Real Estate License #RES.0765012 Listed on: 07/01/2021

William Raveis Real Estate

Co-Listed By

Keri Watkins

William Raveis Real Estate License #RES.0768233

Last Buyer's Agent

Terri White

Stone Crest Realty LLC License #RES.0765204

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,008

Year Built

  • Built in 2005

Lot Details

  • 1.07 Acre Lot
  • Cul-De-Sac
  • Partially Wooded Lot
  • Property is zoned R-30

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Attic

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Driveway

Schools

  • Middletown High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Private Company Owned Well
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,008

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 3097
  • Public Record Living Room Sq Ft: 3097
  • Sq Ft Est Heated Below Grade: 738
  • Total Sq Ft: 3835
  • Year Built: 2005
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5466
  • Directions: Randolph to paddock to chauncey to chamberlain to ribera
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full With Walk-Out, Fully Finished, Walk-out
  • Appliances: Oven/Range, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Attic: Yes
  • Street Number Modifier: 55

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
  • Driveway Type: Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 1.0700
  • Lot Description: On Cul-De-Sac, Lightly Wooded
  • Zoning: R-30

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 12008
  • Total Assessed Value: 292350
  • Mil Rate Base: 35.800
  • Mil Rate Tax District: 5.203
  • Mil Rate Total: 41.073
  • Assessor Parcel Number: 2485761

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Sep 17, 2021
Sold by
Watson H Kirk H and Watson Tracy S
Bought by
Walcott Keeley
Seller's Agent
Margaret Wilcox
William Raveis Real Estate
Buyer's Agent
Terri White
Stone Crest Realty LLC
List Price
$592,000
Sold Price
$505,000
Premium/Discount to List
-$87,000
-14.7%
Current Estimated Value
$697,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,001
Avg. Annual Appreciation
7.29%
Original Mortgage
$454,500
Outstanding Balance
$418,387
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$245,125

Purchase Details

Listed on
Jan 16, 2019
Closed on
Mar 14, 2019
Sold by
Bottaro David J and Bottaro Tanya R
Bought by
Watson H Kirk and Watson Tracy S
Seller's Agent
Debbie Huscher
Real Broker CT, LLC
Buyer's Agent
Margaret Wilcox
William Raveis Real Estate
List Price
$465,000
Sold Price
$435,000
Premium/Discount to List
-$30,000
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$75,000
Interest Rate
4.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 5, 2005
Sold by
Rocky Hl Enterprises I
Bought by
Bottaro David J and Macko Tanya R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,500
Interest Rate
6.14%
Source: Public Records

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Range of Values:

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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 $505,000 None Available
Warranty Deed $435,000 --
Warranty Deed $424,375 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $454,500 Purchase Money Mortgage
Previous Owner $344,000 Balloon
Previous Owner $75,000 Balloon
Previous Owner $339,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $505,000 -8.2% $132 / Sq Ft
07/10/2021 07/10/21 Price Changed $550,000 -7.1% $143 / Sq Ft
07/01/2021 07/01/21 For Sale $592,000 +36.1% $154 / Sq Ft
03/14/2019 03/14/19 Sold $435,000 -3.3% $127 / Sq Ft
02/04/2019 02/04/19 Price Changed $450,000 -3.2% $131 / Sq Ft
01/16/2019 01/16/19 For Sale $465,000 -- $135 / 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
2024 $13,718 $387,390 $81,630 $305,760
2023 $12,524 $372,630 $81,630 $291,000
2022 $12,061 $292,350 $60,470 $231,880
2021 $12,008 $292,350 $60,470 $231,880
2020 $11,987 $292,350 $60,470 $231,880
2019 $12,046 $292,350 $60,470 $231,880
2018 $11,631 $292,350 $60,470 $231,880
2017 $11,476 $296,690 $82,200 $214,490
2016 $11,246 $296,690 $82,200 $214,490
2015 $10,998 $296,690 $82,200 $214,490
2014 $10,987 $296,690 $82,200 $214,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170415135

SmartMLS

APN: MTWN-000048-000000-000104