NOT LISTED FOR SALE

551 Bound Line Rd Wolcott, CT 06716

Estimated Value: $440,624 - $544,000

3 Beds
2.5 Baths
2,044 Sq Ft
$239/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $290,000 $142 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,219/month

352 Days on Market

Highlights

  • 1.28 Acre Lot
  • Deck
  • Attic
  • Colonial Architecture
  • Partially Wooded Lot
  • No HOA

About This Home

As of July 2019

ONE OWNER HOME ON A LEVEL 1.28 AC. INTERIOR LOT FOR LOTS OF PRIVACY- NEW KITCHEN CABINETS, GRANITE COUNTER TOPS & STAINLESS STEEL APPLS- NEW HARDWOOD FLOORS ON THE 1ST FLOOR- NEWER MASTER BATH & HALF BATH- NEWER MAINTENCE FREE WRAP AROUND PORCH & DECK- COVERED FRONT PORCH FOR RELAXATION TIME- EXTERIOR OF HOME JUST PAINTED- SEPTIC TANK REPLACED APPROX. 5 YRS AGO- ROOF SHINGLES REPLACED APPROX. 8 YRS AGO- 3 ZONE HEAT- FR ON 2ND FL COULD POSSIBLY BE 4TH BDRM

Last Agent to Sell the Property

Michael Vitale

Vitale Realty License #RES.0703470 Listed on: 07/09/2018

Last Buyer's Agent

Cathy McCahill

William Pitt Sotheby's Int'l License #REB.0755984

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,139

Year Built

  • Built in 1987

Lot Details

  • 1.28 Acre Lot
  • Interior Lot
  • Level Lot
  • Partially Wooded Lot
  • Property is zoned R-40

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Fiberglass Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 2,044 Sq Ft Home
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Electric Dryer
  • Washer

Parking

  • 2 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Wrap Around Porch

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Private Company Owned Well
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,139

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2044
  • Public Record Living Room Sq Ft: 2044
  • Total Sq Ft: 2044
  • Year Built: 1987
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4314
  • Tax Year Updated Dt: 07/29/2019
  • Directions: WOLCOTT RD TO BOUNDLINE RD
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full With Hatchway, Partially Finished
  • Interior Amenities: Auto Garage Door Opener
  • Appliances: Gas Range, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Street Number Modifier: 551

Exterior Features

  • Exterior Features: Deck, Patio, Porch-Wrap Around, Shed
  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Concrete
  • Roof Information: Fiberglass Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Under House Garage
  • Garages Number: 2
  • Driveway Type: Paved

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 1.2800
  • Lot Description: Interior Lot, Level Lot, Lightly Wooded
  • Zoning: R-40

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 6139
  • Total Assessed Value: 185240
  • Mil Rate Base: 33.140
  • Mil Rate Total: 33.140
  • Assessor Parcel Number: 1442476

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
Jul 9, 2018
Closed on
Jul 31, 2019
Sold by
Lachance Michael B and Lachance Wanda J
Bought by
Smith Benjamin E and Smith Rebecca N
Seller's Agent
Michael Vitale
Vitale Realty
Buyer's Agent
Cathy McCahill
William Pitt Sotheby's Int'l
List Price
$334,900
Sold Price
$290,000
Premium/Discount to List
-$44,900
-13.41%
Current Estimated Value
$487,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,656
Avg. Annual Appreciation
8.16%
Original Mortgage
$1
Outstanding Balance
$1
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 1988
Sold by
Ploski Gregory
Bought by
Lachance Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
10.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Smith Benjamin E $290,000 --
Smith Benjamin E $290,000 --
Lachance Michael B $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Benjamin E $1
Previous Owner Lachance Michael B $248,000
Previous Owner Lachance Michael B $129,000
Previous Owner Lachance Michael B $133,100
Previous Owner Lachance Michael B $157,000
Closed Smith Benjamin E $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $290,000 -3.3% $142 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
03/16/2019 03/16/19 Price Changed $299,900 -3.2% $147 / Sq Ft
10/25/2018 10/25/18 Price Changed $309,900 -4.6% $152 / Sq Ft
08/05/2018 08/05/18 Price Changed $324,900 -3.0% $159 / Sq Ft
07/09/2018 07/09/18 For Sale $334,900 -- $164 / 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 $7,717 $214,770 $47,880 $166,890
2024 $7,102 $214,770 $47,880 $166,890
2023 $6,845 $214,770 $47,880 $166,890
2022 $6,615 $214,770 $47,880 $166,890
2021 $6,372 $192,280 $45,350 $146,930
2020 $6,372 $192,280 $45,350 $146,930
2019 $6,139 $185,240 $45,350 $139,890
2018 $5,965 $185,240 $45,350 $139,890
2017 $5,792 $185,240 $45,350 $139,890
2016 $5,807 $200,870 $48,140 $152,730
2015 $5,640 $200,870 $48,140 $152,730
2014 $5,458 $200,870 $48,140 $152,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170103453

SmartMLS

APN: WOLC-000113-000002-000134B