NOT LISTED FOR SALE

56 Terry Rd Gales Ferry, CT 06335

Estimated Value: $350,000 - $426,000

3 Beds
2.5 Baths
1,468 Sq Ft
$267/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $365,000 $249 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,508/month

29 Days on Market

Highlights

  • Raised Ranch Architecture
  • Central Air
  • Hot Water Heating System
  • Attic
  • Hot Water Circulator

About This Home

As of June 2024

Welcome to this inviting raised ranch, that has everything you need for comfortable living and entertaining. On the main level, you'll find the primary bedroom with an en-suite bathroom, along with two additional bedrooms and another full bathroom, all complemented by the comfort of central AC. The bright and open floor plan creates the perfect space for hosting gatherings or simply relaxing. Step outside onto the private deck, complete with a soothing hot tub, ideal for unwinding after a long day. Downstairs, the lower level offers versatility with a spacious family room, office, or playroom, along with a convenient half bathroom and a two-car garage providing ample storage space. With a private backyard and all these fantastic features, you won't want to miss this home! Conveniently located near the Navy Sub base, shopping, highways and more!

Last Agent to Sell the Property

Emily Myers

Willow Properties License #RES.0806588 Listed on: 05/21/2024

Willow Properties

Last Buyer's Agent

Emily Myers

Willow Properties License #RES.0806588 Listed on: 05/21/2024

Willow Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,022

Year Built

  • Built in 2000

Lot Details

  • 1.08 Acre Lot
  • Property is zoned R40

Parking

  • 2 Car Garage

Home Design

  • Raised Ranch Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on lower level
  • Electric Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Gales Ferry Elementary School
  • Ledyard Middle School
  • Ledyard High School

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Oil
  • Private Company Owned Well
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Listing and Financial Details

  • Assessor Parcel Number 1512035

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,022

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Neighborhood: Gales Ferry
  • Property Type: Single Family For Sale
  • Style: Raised Ranch
  • Sq Ft Est Heated Above Grade: 1068
  • Sq Ft Est Heated Below Grade: 400
  • Total Sq Ft: 1468
  • Year Built: 2000
  • New Construction: No/Resale
  • Nearby Amenities: Library, Playground/Tot Lot
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS Friendly
  • Financing Used: VA
  • Living Area Sq Ft Per Public Record: 1068
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full, Liveable Space, Full With Walk-Out
  • Appliances: Oven/Range, Microwave, Refrigerator, Freezer, Icemaker, Dishwasher, Washer, Electric Dryer
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 56

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Private Well
  • Sewer: Septic

Schools

  • Elementary School: Gales Ferry
  • Middle School: Ledyard
  • High School: Ledyard

Lot Info

  • Acres: 1.08
  • Lot Description: Lightly Wooded Sloping Lot
  • Zoning: R40
  • Parcel #: 1512035

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 5022
  • Total Assessed Value: 145320
  • Mil Rate Total: 34.56

MLS Schools

  • Elementary School: Gales Ferry
  • Middle Jr High School: Ledyard
  • High School: Ledyard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Jun 27, 2024
Sold by
Powell Brian M
Bought by
Volant Joseph G and Farrington-Vo Alexandra B
Seller's Agent
Emily Myers
Willow Properties
Buyer's Agent
Emily Myers
Willow Properties
List Price
$339,900
Sold Price
$365,000
Premium/Discount to List
$25,100
7.38%
Views
93
Current Estimated Value
$375,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,738
Avg. Annual Appreciation
2.60%
Original Mortgage
$372,847
Outstanding Balance
$369,074
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$6,664

Purchase Details

Listed on
Feb 22, 2021
Closed on
Apr 12, 2021
Sold by
Ryan Corey P and Ryan Tori
Bought by
Powell Brian M
Seller's Agent
Emily Knight
Sunset Creek Realty, LLC
Buyer's Agent
Zoe Zrakas
William Raveis Real Estate
List Price
$289,000
Sold Price
$297,000
Premium/Discount to List
$8,000
2.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$303,831
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 18, 2018
Closed on
Oct 2, 2018
Sold by
Olson Barbaraellen
Bought by
Ryan Corey P and Ryan Tori
Seller's Agent
Adam Mancini
Ann McBride Real Estate
Buyer's Agent
Emily Knight
Sunset Creek Realty, LLC
List Price
$224,900
Sold Price
$226,000
Premium/Discount to List
$1,100
0.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.36%
Original Mortgage
$229,837
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Feb 21, 2002
Sold by
Hickok Michael G
Bought by
Olson Barbarellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2000
Sold by
Glemary Bldrs Llc
Bought by
Olson Barbarellen and Hickok Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,900
Interest Rate
8.19%
Mortgage Type
Purchase Money Mortgage
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
Volant Joseph G $365,000 None Available
Powell Brian M $297,000 None Available
Ryan Corey P $226,000 --
Olson Barbarellen $14,000 --
Olson Barbarellen $139,900 --
Glemary Builders Llc $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Volant Joseph G $372,847
Previous Owner Powell Brian M $303,831
Previous Owner Ryan Corey P $229,837
Previous Owner Olson Barbarellen $97,145
Previous Owner Glemary Builders Llc $60,000
Previous Owner Glemary Builders Llc $127,000
Previous Owner Glemary Builders Llc $111,900
Closed Glemary Builders Llc $14,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $365,000 +7.4% $249 / Sq Ft
06/19/2024 06/19/24 Pending -- -- --
05/21/2024 05/21/24 For Sale $339,900 +14.4% $232 / Sq Ft
04/12/2021 04/12/21 Sold $297,000 +2.8% $202 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $289,000 +27.9% $197 / Sq Ft
09/28/2018 09/28/18 Sold $226,000 +0.5% $154 / Sq Ft
07/21/2018 07/21/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $224,900 -- $153 / 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 $5,397 $145,320 $47,530 $97,790
2024 $5,117 $145,320 $47,530 $97,790
2023 $5,022 $145,320 $47,530 $97,790
2022 $4,915 $145,320 $47,530 $97,790
2021 $4,883 $145,320 $47,530 $97,790
2020 $4,999 $142,940 $49,770 $93,170
2019 $5,011 $142,940 $49,770 $93,170
2018 $4,901 $142,940 $49,770 $93,170
2017 $4,651 $142,940 $49,770 $93,170
2016 $4,560 $142,940 $49,770 $93,170
2015 $4,345 $142,940 $49,770 $93,170
2014 $4,333 $144,900 $49,770 $95,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24019680

SmartMLS

APN: LEDY-000077-002460-000056