NOT LISTED FOR SALE

550 Willard Ave Newington, CT 06111

Estimated Value: $352,828 - $394,000

3 Beds
1.5 Baths
1,688 Sq Ft
$224/Sq Ft Est. Value

Last Sold January 31, 2018

Last sale price $205,000 $121 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,430/month

67 Days on Market

Highlights

  • Cape Cod Architecture
  • Property is near golf course, public transit, shops, and bus stop
  • 1 Fireplace
  • Deck
  • Attic
  • Corner Lot

About This Home

As of January 2018

Great Opportunity to get into Newington! Oversized corner lot allows room to expand. Plenty of room for entertaining. 22' x 13' Trex deck. Playscape included. Home listed as 3BR, but additional 4th room with entrances from two other bedrooms currently being used as a BR. 9 Foot Ceilings! Hardwood floors throughout. Much loved home, does need some updating, price reflects this. Homeowner including whole home warranty for buyer for first year. Many receipts for maintenance, key repairs available.

Last Agent to Sell the Property

Catherine Lapierre

LAZA Properties License #REB.0792394 Listed on: 09/26/2017

Last Buyer's Agent

Gail Delucia

Clermont Real Estate License #RES.0766137

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,841

Year Built

  • Built in 1929

Lot Details

  • 0.42 Acre Lot
  • Corner Lot
  • Level Lot
  • Property is zoned R-12

Home Design

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

Interior Spaces

  • 1,688 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Concrete Flooring
  • Attic Floors

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 1 Car Attached Garage
  • Parking Deck
  • Private Driveway
  • Off-Street Parking

Schools

  • Newington High School

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Oil
  • Tankless Water Heater
  • Fuel Tank Located in Basement

Additional Features

  • Deck
  • Property is near golf course, public transit, shops, and bus stop

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,841

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1688
  • Public Record Living Room Sq Ft: 1688
  • Total Sq Ft: 1688
  • Year Built: 1929
  • Nearby Amenities: Commuter Bus, Golf Course, Health Club, Library, Park, Public Rec Facilities, Shopping/Mall, Walk to Bus Lines
  • Direct Waterfront: No
  • Home Warranty Offered: Yes
  • Public Record Gross Sq Ft: 3854
  • Directions: Cedar Street, North on Willard
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Floored
  • Basement Description: Full, Concrete Floor
  • Appliances: Electric Range, Refrigerator, Dishwasher, Disposal, Washer, Electric Dryer
  • Laundry Room Location: basement
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck, Sidewalk
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, Off Street Parking
  • Garages Number: 1
  • Driveway Type: Private, Paved

Utilities

  • Cooling System: Ceiling Fans, Window Unit
  • Heat Type: Radiator, Steam
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.4200
  • Lot Description: Corner Lot, Level Lot
  • Zoning: R-12

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 4841
  • Mil Rate Base: 36.590
  • Assessor Parcel Number: 664863

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2017
Closed on
Feb 1, 2018
Sold by
Stegmaier Craig J and Stegmaier Kristen H
Bought by
Gilbert Erik O and Andrade-Gilbert Leticia N
Seller's Agent
Catherine Lapierre
LAZA Properties
Buyer's Agent
Gail Delucia
Clermont Real Estate
List Price
$224,900
Sold Price
$205,000
Premium/Discount to List
-$19,900
-8.85%
Current Estimated Value
$378,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,707
Avg. Annual Appreciation
8.02%
Original Mortgage
$188,186
Outstanding Balance
$163,478
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$215,229

Purchase Details

Closed on
Jun 6, 2003
Sold by
Est Malloy Helen M and Malloy James E
Bought by
Stegmaier Craig J and Stegmaier Kristen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gilbert Erik O $205,500 --
Stegmaier Craig J $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilbert Erik O $188,186
Previous Owner Stegmaier Craig J $186,500
Previous Owner Stegmaier Craig J $176,000
Previous Owner Stegmaier Craig J $144,000
Previous Owner Stegmaier Craig J $8,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2018 01/31/18 Sold $205,000 0.0% $121 / Sq Ft
12/02/2017 12/02/17 Pending -- -- --
11/14/2017 11/14/17 Price Changed $204,900 -4.7% $121 / Sq Ft
10/27/2017 10/27/17 Price Changed $214,900 -4.4% $127 / Sq Ft
09/26/2017 09/26/17 For Sale $224,900 -- $133 / 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 $5,389 $134,780 $54,600 $80,180
2024 $5,347 $134,780 $54,600 $80,180
2023 $5,170 $134,780 $54,600 $80,180
2022 $5,188 $134,780 $54,600 $80,180
2021 $5,231 $134,780 $54,600 $80,180
2020 $5,197 $132,310 $54,600 $77,710
2019 $5,220 $132,310 $54,600 $77,710
2018 $5,094 $132,310 $54,600 $77,710
2017 $4,841 $132,310 $54,600 $77,710
2016 $4,730 $132,310 $54,600 $77,710
2014 $4,710 $135,460 $54,410 $81,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170018659

SmartMLS

APN: NEWI-000009-000126