NOT LISTED FOR SALE

554 Lake Rd Andover, CT 06232

Estimated Value: $444,000 - $487,000

3 Beds
2 Baths
1,339 Sq Ft
$349/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $399,900 $299 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,042/month

6 Days on Market

Highlights

  • 7.25 Acre Lot
  • Deck
  • Thermal Windows
  • RHAM High School Rated A-
  • Contemporary Architecture
  • Shed

About This Home

As of October 2023

Nestled on a generous 7.25-acres, this 1,339 sq. ft., 3-bedroom, 2-bath gem is rich with contemporary elegance. Maintained with love, care, and impeccable attention to detail, key features of the home are: Foundation replaced in 2019, to stand the test of time and stability for this home for years to come. A beautifully updated kitchen (2020) boasting custom cabinets, chic leathered marble countertops, and all the modern conveniences. A new sliding door (2020) that seamlessly leads you to a freshly painted deck where for sunnier days, a retractable awning provides the perfect shade while you soak in the natural beauty surrounding this home and a serene patio installed in 2019 is perfect for morning coffees or sunset dinners. Epoxy-coated floors in both the basement and garage (2020), offering durability and a polished finish. A captivating natural stone wall and custom fire pit, beckoning you for those crisp evening get-togethers. A smoothly paved driveway (2021) welcoming you home. Energy-efficient mini splits (2017) ensuring comfort all year round. A contemporary open-concept floor plan that promises a spacious yet cozy living experience. A beautifully landscaped private yard, meticulously maintained and exuding tranquility. Located just minutes from Andover Lake and hiking trails this is more than just a house; it’s a haven, waiting for the next loving owner. Don’t miss the opportunity to own this slice of paradise!

Last Agent to Sell the Property

Jennifer Alix

Berkshire Hathaway NE Prop. License #RES.0766546 Listed on: 09/23/2023

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Kathleen Holland

KW Legacy Partners License #RES.0814501

KW Legacy Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,073

Year Built

  • Built in 1989

Lot Details

  • 7.25 Acre Lot
  • Property is zoned R-40

Home Design

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

Interior Spaces

  • 1,339 Sq Ft Home
  • Self Contained Fireplace Unit Or Insert
  • Thermal Windows
  • Awning
  • Storm Doors

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • 2 Car Garage
  • Parking Deck
  • Shared Driveway

Outdoor Features

  • Deck
  • Shed

Schools

  • Andover Elementary School
  • Rham High School

Utilities

  • Mini Split Air Conditioners
  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Programmable Thermostat
  • Underground Utilities
  • Power Generator
  • Private Company Owned Well
  • Fuel Tank Located in Basement
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1599565

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,073

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Contemporary
  • Sq Ft Est Heated Above Grade: 1339
  • Total Sq Ft: 1339
  • Year Built: 1989
  • New Construction: No/Resale
  • Nearby Amenities: Lake, Library, Park
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2600
  • Directions: Rt 6 to Lake Rd, look for sign and blue street address number. Where driveway forks stay to the right.
  • Financing Used: Conventional Fixed
  • In Law Apartment: No
  • Living Area Sq Ft Per Public Record: 1339
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Partial With Walk-Out
  • Interior Amenities: Cable - Pre-wired
  • Appliances: Electric Range, Microwave, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Lower Level
  • Attic: No
  • Street Number Modifier: 554

Exterior Features

  • Exterior Features: Awnings, Deck, Shed, Underground Utilities
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Shared, Paved
  • Total Parking Spaces: 2
  • Garage And Parking: Under House Garage, Paved

Utilities

  • Cooling System: Ductless, Split System
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Private Well
  • Sewer: Septic

Schools

  • Elementary School: Andover
  • High School: RHAM

Green Features

  • Energy Features: Fireplace Insert, Generator Ready, Programmable Thermostat, Storm Doors, Thermopane Windows

Lot Info

  • Acres: 7.25
  • Lot Description: Secluded Treed
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R-40
  • Property Info: Horse Property
  • Parcel #: 1599565

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 5073
  • Total Assessed Value: 162120
  • Mil Rate Total: 31.29

MLS Schools

  • Elementary School: Andover
  • High School: RHAM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2023
Closed on
Oct 27, 2023
Sold by
Jeffrey & Donna Tracy Lt and Tracy
Bought by
Rasulis Justin
Seller's Agent
Jennifer Alix
Berkshire Hathaway NE Prop.
Buyer's Agent
Kathleen Holland
KW Legacy Partners
List Price
$399,900
Sold Price
$399,900
Views
102
Current Estimated Value
$467,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,292
Avg. Annual Appreciation
8.39%
Original Mortgage
$299,900
Outstanding Balance
$294,340
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$172,852
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
Rasulis Justin $399,900 None Available
Rasulis Justin $399,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rasulis Justin $299,900
Closed Rasulis Justin $299,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $399,900 0.0% $299 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
09/27/2023 09/27/23 For Sale $399,900 -- $299 / 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 $6,775 $214,480 $42,210 $172,270
2024 $5,100 $162,120 $42,210 $119,910
2023 $5,073 $162,120 $42,210 $119,910
2022 $5,173 $162,120 $42,210 $119,910
2021 $5,969 $165,800 $52,400 $113,400
2020 $3,967 $111,400 $52,400 $59,000
2019 $3,665 $111,400 $52,400 $59,000
2018 $3,782 $111,400 $52,400 $59,000
2017 $3,598 $110,700 $52,400 $58,300
2016 $4,980 $162,100 $53,300 $108,800
2015 $4,980 $162,100 $53,300 $108,800
2014 $4,980 $162,100 $53,300 $108,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170599543

SmartMLS

APN: ANDO-000033-000033-000014-000003