NOT LISTED FOR SALE

56 Florence Way Unit 56 Farmington, CT 06032

Estimated Value: $460,000 - $484,000

3 Beds
2.5 Baths
1,878 Sq Ft
$251/Sq Ft Est. Value

Last Sold May 24, 2017

Last sale price $290,000 $154 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,252/month

7 Days on Market

Highlights

  • Deck
  • Attic
  • 1 Car Attached Garage
  • West Woods Upper Elementary School Rated A
  • 1 Fireplace
  • Central Air

About This Home

As of May 2017

This home is located at 56 Florence Way Unit 56, Farmington, CT 06032 since 22 April 2017 and is currently estimated at $470,636, approximately $250 per square foot. This property was built in 1997. 56 Florence Way Unit 56 is a home located in Hartford County with nearby schools including West Woods Upper Elementary School, Noah Wallace School, and Irving A. Robbins Middle School.

Last Agent to Sell the Property

P. Vincent Tully

Coldwell Banker Realty License #REB.0690958 Listed on: 04/22/2017

Coldwell Banker Realty

Last Buyer's Agent

P. Vincent Tully

Coldwell Banker Realty License #REB.0690958 Listed on: 04/22/2017

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,187

Year Built

  • Built in 1997

HOA Fees

  • $265 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,878 Sq Ft Home
  • 1 Fireplace
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 1 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener

Outdoor Features

  • Deck

Schools

  • Noah Wallace Elementary School
  • Farmington High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

Overview

  • Association fees include grounds maintenance, property management, snow removal, trash pickup
  • 84 Units
  • Southwest Village Community
  • Property managed by Phoenix Prop Mngmnt

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,187

Year Built

Built in 1997

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Townhouse
  • Total Sq Ft: 1878
  • Year Built: 1997
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Rt 6 to Southwest Village
  • Special Features: None

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Interior Amenities: Cable - Available, Auto Garage Door Opener
  • Appliances: Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
  • Laundry Room Location: Upper Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1
  • Total Parking Spaces: 2

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Property Management, Snow Removal, Trash Pickup
  • Complex Name: Southwest Village
  • HOA Fees: 265
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Phoenix Prop Mngmnt
  • Property Mgt Phone: (860) 282-7733

Rental Info

  • Pets Allowed Info: contact for details
  • Lease Purchase: No
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 4187
  • Assessor Parcel Number: 1985274

Multi Family

  • Total Num Of Units: 84

MLS Schools

  • Elementary School: Noah Wallace
  • High School: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2019
Sold by
Kakarla Jitendranath and Kakarla Sravanthi
Bought by
Kale Mithun and Kulkarni Shilpa
Current Estimated Value
$470,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,200
Outstanding Balance
$159,874
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$310,762

Purchase Details

Listed on
Apr 22, 2017
Closed on
May 25, 2017
Sold by
Patel Tarak and Patel Priya
Bought by
Kakarla Jitendranath and Kakarla Sravanthi
Seller's Agent
P. Vincent Tully
Coldwell Banker Realty
Buyer's Agent
P. Vincent Tully
Coldwell Banker Realty
List Price
$295,000
Sold Price
$290,000
Premium/Discount to List
-$5,000
-1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%

Purchase Details

Listed on
Apr 22, 2017
Closed on
May 22, 2017
Sold by
Patel Tarak and Patel Priya
Bought by
Kakarla Jitendranath and Kakarla Sravanthi
Seller's Agent
P. Vincent Tully
Coldwell Banker Realty
Buyer's Agent
P. Vincent Tully
Coldwell Banker Realty
List Price
$295,000
Sold Price
$290,000
Premium/Discount to List
-$5,000
-1.69%

Purchase Details

Closed on
Jul 9, 2009
Sold by
Reding Lori V
Bought by
Patel Tarak and Patel Priya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.93%

Purchase Details

Closed on
Jan 16, 1998
Sold by
Southwest Village
Bought by
Reding Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,250
Interest Rate
5.88%
Mortgage Type
Unknown
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
Kale Mithun $315,000 --
Kakarla Jitendranath $290,000 --
Kakarla Jitendranath $290,000 --
Patel Tarak $262,500 --
Reding Lori $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kale Mithun $182,200
Previous Owner Reding Lori $189,000
Previous Owner Reding Lori $210,000
Previous Owner Reding Lori $129,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2017 05/24/17 Sold $290,000 -1.7% $154 / Sq Ft
04/29/2017 04/29/17 Pending -- -- --
04/22/2017 04/22/17 For Sale $295,000 -- $157 / 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 $6,280 $235,900 $0 $235,900
2024 $6,004 $235,900 $0 $235,900
2023 $5,711 $235,900 $0 $235,900
2022 $5,615 $191,520 $0 $191,520
2021 $5,518 $191,520 $0 $191,520
2020 $5,357 $191,520 $0 $191,520
2019 $5,357 $191,520 $0 $191,520
2018 $5,125 $188,560 $0 $188,560
2017 $4,333 $162,400 $0 $162,400
2016 $4,187 $162,400 $0 $162,400
2015 $4,062 $162,400 $0 $162,400
2014 $3,969 $162,400 $0 $162,400
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    P. Vincent Tully

    Coldwell Banker Realty

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Map

Source: SmartMLS

MLS Number: G10214650

SmartMLS

APN: FARM-000136-000043B-005610-000056

Connecticut Hartford County Farmington 06032

56 Florence Way Unit 56, Farmington, CT

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