NOT LISTED FOR SALE

550 Lower Ln Berlin, CT 06037

Estimated Value: $376,000 - $495,000

4 Beds
2 Baths
1,997 Sq Ft
$216/Sq Ft Est. Value

Last Sold June 27, 2019

Last sale price $228,000 $114 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,842/month

54 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Fireplace
  • Thermal Windows
  • Richard D. Hubbard School Rated A-
  • No HOA
  • Enclosed Patio or Porch

About This Home

As of June 2019

8 room cape with main floor family room, this home offers hardwood floors along with an enclosed porch to enjoy the spring season, full basement with finished room that could be an office, gym, bedroom, etc. Private back yard, could walk to local schools from this location, home does need some cosmetic updating

Last Agent to Sell the Property

Steve Wollman

Wollman Realty License #REB.0759100 Listed on: 05/03/2019

Last Buyer's Agent

Stuart Campbell

YellowBrick Real Estate LLC License #RES.0801915

YellowBrick Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,031

Year Built

  • Built in 1954

Lot Details

  • 0.28 Acre Lot
  • Level Lot
  • Property is zoned R-15

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Thermal Windows
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Emma Hart Willard Elementary School
  • Berlin High School

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Oil Above Ground

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,031

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Neighborhood: Kensington
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1697
  • Public Record Living Room Sq Ft: 1697
  • Sq Ft Est Heated Below Grade: 300
  • Total Sq Ft: 1997
  • Year Built: 1954
  • Nearby Amenities: Basketball Court, Golf Course, Library, Medical Facilities, Playground/Tot Lot, Public Pool, Shopping/Mall
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3328
  • Directions: lower lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Full With Hatchway, Partially Finished
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Additional Rooms: Laundry Room
  • Laundry Room Info: Upper Level
  • Attic: No
  • Street Number Modifier: 550

Exterior Features

  • Exterior Features: Porch-Enclosed, Shed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Heat Type: Radiator
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Emma Hart Willard
  • High School: Berlin
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.2800
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: R-15

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 5031
  • Total Assessed Value: 154800
  • Mil Rate Base: 32.500
  • Mil Rate Total: 32.500
  • Assessor Parcel Number: 448084

MLS Schools

  • Elementary School: Emma Hart Willard
  • High School: Berlin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2019
Closed on
Jun 26, 2019
Sold by
Farrell Fannie A
Bought by
King Kevin J and Lachapelle-King Kaitlyn
Seller's Agent
Steve Wollman
Wollman Realty
Buyer's Agent
Stuart Campbell
YellowBrick Real Estate LLC
List Price
$228,000
Sold Price
$228,000
Current Estimated Value
$430,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,565
Avg. Annual Appreciation
10.46%
Original Mortgage
$216,600
Outstanding Balance
$190,855
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$229,946
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
King Kevin J $228,000 --
King Kevin J $228,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Kevin J $85,000
Open King Kevin J $216,600
Closed King Kevin J $216,600
Previous Owner Farrell Thomas $8,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2019 06/27/19 Sold $228,000 0.0% $114 / Sq Ft
05/03/2019 05/03/19 For Sale $228,000 -- $114 / 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 $5,949 $194,100 $84,100 $110,000
2024 $5,864 $194,100 $84,100 $110,000
2023 $5,738 $194,100 $84,100 $110,000
2022 $5,311 $154,800 $66,700 $88,100
2021 $5,252 $154,800 $66,700 $88,100
2020 $5,252 $154,800 $66,700 $88,100
2019 $5,252 $154,800 $66,700 $88,100
2018 $5,031 $154,800 $66,700 $88,100
2017 $4,425 $140,000 $66,200 $73,800
2016 $4,313 $140,000 $66,200 $73,800
2015 $4,249 $140,000 $66,200 $73,800
2014 $4,049 $140,000 $66,200 $73,800
Source: Public Records

Agents Affiliated with this Home

  • Steve Wollman

    Seller's Agent in 2019

    Steve Wollman

    Wollman Realty

    (860) 205-5999

    108 Total Sales

    Steve Wollman
    Section Image

  • S

    Buyer's Agent in 2019

    Stuart Campbell

    YellowBrick Real Estate LLC

    (203) 445-6949

    10 Total Sales

    Stuart Campbell
    Section Image
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Map

Source: SmartMLS

MLS Number: 170190554

SmartMLS

APN: BERL-000154-000108-000007

Connecticut Hartford County Berlin 06037

550 Lower Ln, Berlin, CT

This home is located at 550 Lower Ln, Berlin, CT 06037 since 03 May 2019 and is currently estimated at $430,565, approximately $215 per square foot. This property was built in 1954. 550 Lower Ln is a home located in Hartford County with nearby schools including Richard D. Hubbard School, Catherine M. Mcgee Middle School, and Berlin High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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