NOT LISTED FOR SALE

55 Terrace Gardens Wallingford, CT 06492

Estimated Value: $162,000 - $209,000

2 Beds
1.5 Baths
1,152 Sq Ft
$372/mo HOA Fee

Last Sold September 05, 2018

Last sale price $67,175 $58 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $1,571/month

63 Days on Market

About This Home

As of September 2018

Spacious 3 level townhouse! Finished room on ground level can be used as family room or your own personal gym. Hardwood under carpet in living room &
upper bedrooms! Conveniently located just minutes to beautiful downtown Wallingford shops, parks, YMCA with pool, vineyards, restaurants, local Wallingford train station, and easy access to all major highways. 20 minutes to new haven and new haven train stations and 30 minutes to Hartford.*Financing terms available: Cash, Conventional, FHA 203K

Last Agent to Sell the Property

Michael DelGreco

New England Realty Assoc LLC License #REB.0788850 Listed on: 03/30/2018

Last Buyer's Agent

Doug St. John

New England Realty Assoc LLC License #RES.0800900

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,965

Year Built

  • Built in 1964

HOA Fees

  • $372 Monthly HOA Fees

Home Design

  • Concrete Siding
  • Masonry Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • Association fees include grounds maintenance, trash pickup, snow removal, property management
  • 50 Units
  • Terrance Gardens Community
  • Property managed by Palmer Property Mgmt

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,965

Year Built

Built in 1964

Lot Details

0

HOA Fees

$372 per month

Listing Details

  • Neighborhood: Yalesville
  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1152
  • Public Record Living Room Sq Ft: 1152
  • Total Sq Ft: 1152
  • Year Built: 1964
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1848
  • Directions: Terrace Gardens complex in Wallingford, CT
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement Description: Full
  • Attic: No
  • Street Number Modifier: 55

Exterior Features

  • Exterior Siding: Brick
  • Swimming Pool: No
  • Construction Description: Concrete

Garage/Parking

  • Garage Parking Info: Assigned Parking

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management
  • Complex Name: Terrance Gardens
  • Levels In Unit: 3
  • HOA Fees: 372
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Property Management Type: Professional-Off Site
  • Property Manager Email: lesheawilson@palmerproperty.net
  • Property Manager Name: Leshea Wilson
  • Property Mgt Company Name: Palmer Property Mgmt
  • Property Mgt Phone: 2032888448

Schools

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

Lot Info

  • Lot Description: N/A
  • Zoning: R

Rental Info

  • Pets Allowed: Restrictions

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 1965
  • Total Assessed Value: 68600
  • Mil Rate Base: 28.550
  • Mil Rate Total: 28.640
  • Assessor Parcel Number: 2048308

Multi Family

  • Total Num Of Units: 50

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2018
Closed on
Sep 5, 2018
Sold by
Department Of Housing & Urban Dev
Bought by
Noble Properties Llc
Seller's Agent
Michael DelGreco
New England Realty Assoc LLC
Buyer's Agent
Doug St. John
New England Realty Assoc LLC
List Price
$66,000
Sold Price
$67,175
Premium/Discount to List
$1,175
1.78%
Total Days on Market
63
Current Estimated Value
$191,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,581
Avg. Annual Appreciation
16.06%

Purchase Details

Closed on
Mar 12, 2018
Sold by
Citimortgage Inc
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Dec 16, 2013
Sold by
Mcmullen Kimberly
Bought by
Citimortgage Inc

Purchase Details

Closed on
Feb 20, 2008
Sold by
Rousseau Diane G Est
Bought by
Mcmullin Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,146
Interest Rate
5.9%
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 Buyer Sale Price Title Company
Noble Properties Llc $67,175 --
Department Of Housing & Urban Dev -- --
Citimortgage Inc -- --
Mcmullin Kimberly $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcmullin Kimberly $118,146
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2018 09/05/18 Sold $67,175 +1.8% $58 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $66,000 0.0% $57 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $66,000 -- $57 / 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 $1,848 $76,600 $0 $76,600
2024 $1,711 $55,800 $0 $55,800
2023 $1,637 $55,800 $0 $55,800
2022 $1,620 $55,800 $0 $55,800
2021 $1,591 $55,800 $0 $55,800
2020 $2,002 $68,600 $0 $68,600
2019 $2,002 $68,600 $0 $68,600
2018 $1,965 $68,600 $0 $68,600
2017 $1,959 $68,600 $0 $68,600
2016 $1,913 $68,600 $0 $68,600
2015 $2,033 $74,000 $0 $74,000
2014 $1,990 $74,000 $0 $74,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170066857

SmartMLS

APN: WALL-000175-000000-000008-000055