NOT LISTED FOR SALE

56 Portland Ave Unit 17 Redding, CT 06896

Estimated Value: $411,000 - $430,000

1 Bed
1.5 Baths
1,306 Sq Ft
$321/Sq Ft Est. Value

Last Sold June 10, 2024

Last sale price $375,000 $287 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,106/month

105 Days on Market

Highlights

  • Attic
  • Porch
  • Central Air
  • Redding Elementary School Rated A
  • Property is near shops
  • Wood Siding

About This Home

As of June 2024

Move-in-Ready townhouse-style Condo on Gilbert and Bennett Pond in desirable Redding. Conveniently situated near Route 7 and just a stroll away from the Metro North station, it's an ideal spot for commuters. Surrounding amenities include a variety of restaurants, shopping centers, and local schools. Step inside to discover an inviting Living Room boasting a vaulted ceiling and abundant natural light. The beautifully updated Kitchen offers new countertops, backsplash, and appliances plus a large dining area. Tucked away at the rear of the unit, the primary bedroom offers a tranquil sanctuary with an updated full bath, spacious walk-in closet, stacked washer and dryer providing the ultimate relaxation after a busy day. Upstairs, a versatile oversized loft awaits, suitable for use as a second bedroom, home office, or entertainment area. Additional storage space is available in the walk-in attic adjacent to the loft. Updated Half Bath, Private 1-Car Garage, plenty of parking spaces and low HOA fees create easy everyday living. Approximate 1 hour to NYC. GARAGE IS 1ST BAY AS YOU FACE GARAGES. LIFT DOOR TO ENTER. (REMOTE BEING FIXED) GARAGE FLOOR BEING PAINTED IN A FEW DAYS.

Last Agent to Sell the Property

Karla Murtaugh

Compass Connecticut, LLC License #RES.0766790 Listed on: 02/26/2024

Compass Connecticut, LLC

Last Buyer's Agent

Amy Dohan

Higgins Group Real Estate License #RES.0806315

Higgins Group Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,169

Year Built

  • Built in 1988

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Frame Construction
  • Wood Siding
  • Cedar Siding

Interior Spaces

  • 1,306 Sq Ft Home
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Schools

  • Redding Elementary School
  • John Read Middle School
  • Joel Barlow High School

Utilities

  • Central Air
  • Heat Pump System
  • Shared Well

Additional Features

  • Porch
  • Property is near shops

Listing and Financial Details

  • Assessor Parcel Number 268526

Community Details

Overview

  • Association fees include grounds maintenance, snow removal, sewer, property management, road maintenance, insurance
  • 20 Units
  • Property managed by REI

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,169

Year Built

Built in 1988

Lot Details

0

HOA Fees

$255 per month

Listing Details

  • Neighborhood: Georgetown
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1306
  • Total Sq Ft: 1306
  • Year Built: 1988
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Health Club, Library, Paddle Tennis, Shopping/Mall, Tennis Courts
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1992
  • Directions: Route 7 to Portland to #56. Unit is in back row.
  • Financing Used: Assumed Conventional
  • Spec Assoc Asses: No
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Basement Description: None
  • Appliances: Electric Range, Refrigerator, Dishwasher
  • Laundry Room Location: Main Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Cedar, Wood
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Total Parking Spaces: 2
  • Garage And Parking: Detached Garage, Under House Garage, Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Heat Pump
  • Heat Fuel Type: Electric
  • Hot Water Description: 30 Gallon Tank
  • Water Source: Shared Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Snow Removal, Sewer, Property Management, Road Maintenance, Insurance
  • HOA Fees: 255
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: REI
  • Property Mgt Phone: (203) 744-8400
  • Total Number of Units In Complex: Georgetown Place

Lot Info

  • Lot Description: Level Lot On Cul-De-Sac
  • Zoning: RV
  • Parcel #: 268526

Rental Info

  • Pets Allowed Info: Weight Restrictions
  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 20

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 7169

MLS Schools

  • Elementary School: Redding
  • Middle Jr High School: John Read
  • High School: Joel Barlow

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2024
Closed on
Jun 10, 2024
Sold by
Cosgrove Gloria
Bought by
Ferro David L
Seller's Agent
Karla Murtaugh
Compass Connecticut, LLC
Buyer's Agent
Amy Dohan
Higgins Group Real Estate
List Price
$380,000
Sold Price
$375,000
Premium/Discount to List
-$5,000
-1.32%
Views
3054
Current Estimated Value
$419,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,166
Avg. Annual Appreciation
7.98%
Original Mortgage
$375,000
Outstanding Balance
$370,350
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$48,816

Purchase Details

Closed on
May 19, 2023
Sold by
Reed David Est
Bought by
Cosgrove Gloria

Purchase Details

Closed on
Mar 7, 2017
Sold by
Gunther Blanche M
Bought by
Gunther Blanche M and Reed David W

Purchase Details

Closed on
Apr 10, 1995
Sold by
Portland Assoc Lp
Bought by
Gunther Blanche M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage
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
Ferro David L $375,000 None Available
Ferro David L $375,000 None Available
Cosgrove Gloria $250,000 None Available
Cosgrove Gloria $250,000 None Available
Gunther Blanche M -- --
Gunther Blanche M -- --
Gunther Blanche M $100,000 --
Gunther Blanche M $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferro David L $375,000
Closed Ferro David L $375,000
Previous Owner Gunther Blanche M $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2024 06/10/24 Sold $375,000 -1.3% $287 / Sq Ft
02/26/2024 02/26/24 For Sale $380,000 -- $291 / 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 $7,648 $258,900 $0 $258,900
2024 $7,436 $258,900 $0 $258,900
2023 $7,169 $258,900 $0 $258,900
2022 $5,965 $178,900 $0 $178,900
2021 $5,875 $178,900 $0 $178,900
2020 $5,875 $178,900 $0 $178,900
2019 $5,875 $178,900 $0 $178,900
2018 $5,675 $178,900 $0 $178,900
2017 $4,206 $142,000 $0 $142,000
2016 $4,152 $142,000 $0 $142,000
2015 $4,105 $142,000 $0 $142,000
2014 $4,105 $142,000 $0 $142,000
Source: Public Records

Agents Affiliated with this Home

  • Karla Murtaugh

    Seller's Agent in 2024

    Karla Murtaugh

    Compass Connecticut, LLC

    (203) 856-5534

    21 in this area

    325 Total Sales

    Karla Murtaugh
    Section Image

  • A

    Buyer's Agent in 2024

    Amy Dohan

    Higgins Group Real Estate

    Section Image
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Map

Source: SmartMLS

MLS Number: 170626527

SmartMLS

APN: REDD-000046-000000-000073-000017

Connecticut Fairfield County Redding 06896

56 Portland Ave Unit 17, Redding, CT

Not Listed for Sale

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