7 Butternut Ridge Newtown, CT 06470
Newtown NeighborhoodEstimated Value: $1,043,000 - $1,374,000
4
Beds
3.5
Baths
5,369
Sq Ft
$227/Sq Ft
Est. Value
Highlights
- Sub-Zero Refrigerator
- 3.71 Acre Lot
- Colonial Architecture
- Hawley Elementary School Rated A
- Open Floorplan
- Deck
About This Home
As of August 2020Stunning 4/5 bedroom, 3.5 bath Georgian Style Colonial situated in desirable Butternut Ridge Estates. Features include gleaming hardwood floors throughout, crown moldings, chauffeured and trey ceilings and open floor plan. Enter through the elegant foyer boasting white spindle staircase, custom panels, palladium two story window with impressive chandelier. Formal living host a brick fireplace w/insert and dining room has custom raised panels & high trey ceiling complete with chandelier medallion.French doors lead to the main level convenient office space. Large bright open family room is perfect for relaxing with walls of windows and crown molding. Gourmet eat in kitchen is impressive boasting Cherry cabinets, high end appliances including a sub zero fridge, granite counters, tile backsplash, granite center island w/breakfast bar. Generous casual dining area with sliders leading to expansive deck, overlooking the serene and tranquil yard. On the upper level you will find a dramatic master bedroom en-suite complete with recess lighting, decorative fan, high trey ceiling, walk-in closet and luxury styled master bath. Additional guest rooms all have great closet space, fans and have access to full baths. Large bonus room and laundry room are a huge plus. Finished walk-out lower level has a plethora of uses such as home theatre, game room, office or craft room.The house has a hot water recirculation system & generator. Sought after neighborhood with special attention to detail.
Last Listed By
William Pitt Sotheby's Int'l License #RES.0780584 Listed on: 06/24/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,875
Year Built
- Built in 2004
Lot Details
- 3.71 Acre Lot
- Cul-De-Sac
- Level Lot
- Property is zoned R-3
Home Design
- Colonial Architecture
- Contemporary Architecture
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Clap Board Siding
Interior Spaces
- Open Floorplan
- Ceiling Fan
- 1 Fireplace
- Thermal Windows
- Entrance Foyer
- Bonus Room
- Walkup Attic
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Sub-Zero Refrigerator
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry Room
- Laundry on upper level
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Basement Storage
Parking
- 3 Car Attached Garage
- Parking Deck
- Automatic Garage Door Opener
- Private Driveway
- Off-Street Parking
Outdoor Features
- Balcony
- Deck
- Exterior Lighting
- Rain Gutters
- Porch
Schools
- Newtown Middle School
- Reed Middle School
- Newtown High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Oil
- Programmable Thermostat
- Power Generator
- Private Company Owned Well
- Oil Water Heater
- Fuel Tank Located in Basement
- Cable TV Available
Additional Features
- Energy-Efficient Insulation
- Property is near shops
Community Details
- No Home Owners Association
- Butternut Ridge Estates Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 24, 2020
Closed on
Jul 3, 2020
Sold by
Lovorn Randall S and Lovorn Gail S
Bought by
Matus Benjamin P and Matus Jennifer L
Seller's Agent
Lorraine Amaral
William Pitt Sotheby's Int'l
Buyer's Agent
Melissa Luks Fidanza
Luks Realty
List Price
$749,900
Sold Price
$740,000
Premium/Discount to List
-$9,900
-1.32%
Total Days on Market
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,128
Avg. Annual Appreciation
11.15%
Original Mortgage
$592,000
Outstanding Balance
$531,290
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$688,838
Purchase Details
Listed on
Jul 9, 2012
Closed on
Aug 13, 2012
Sold by
Despagna Christopher W and Despagna Jill M
Bought by
Lovorn Randall S and Lovorn Gial S
Seller's Agent
Sandy Anderson
Berkshire Hathaway NE Prop.
Buyer's Agent
Christine Fairchild
Coldwell Banker Realty
List Price
$950,000
Sold Price
$915,000
Premium/Discount to List
-$35,000
-3.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.60%
Purchase Details
Closed on
Jun 16, 2006
Sold by
Zini Construction Llc
Bought by
Despagna Christopher W and Despagna Jill M
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Similar Homes in Newtown, CT
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Matus Benjamin P | $740,000 | None Available | |
| Matus Benjamin P | $740,000 | None Available | |
| Lovorn Randall S | $915,000 | -- | |
| Lovorn Randall S | $915,000 | -- | |
| Despagna Christopher W | $1,075,000 | -- | |
| Despagna Christopher W | $1,075,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Matus Benjamin P | $592,000 | |
| Previous Owner | Matus Benjamin P | $592,000 | |
| Previous Owner | Zini Constr Llc | $495,600 | |
| Previous Owner | Zini Constr Llc | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2020 08/31/20 | Sold | $740,000 | -1.3% | $138 / Sq Ft |
| 08/03/2020 08/03/20 | Pending | -- | -- | -- |
| 06/24/2020 06/24/20 | For Sale | $749,900 | -18.0% | $140 / Sq Ft |
| 08/09/2012 08/09/12 | Sold | $915,000 | -3.7% | $193 / Sq Ft |
| 07/26/2012 07/26/12 | Pending | -- | -- | -- |
| 07/09/2012 07/09/12 | For Sale | $950,000 | -- | $200 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $19,831 | $735,310 | $151,850 | $583,460 |
| 2023 | $19,295 | $735,310 | $151,850 | $583,460 |
| 2022 | $18,918 | $545,650 | $107,870 | $437,780 |
| 2021 | $18,907 | $545,650 | $107,870 | $437,780 |
| 2020 | $18,869 | $542,840 | $107,870 | $434,970 |
| 2019 | $9,313 | $542,840 | $107,870 | $434,970 |
| 2018 | $18,587 | $542,840 | $107,870 | $434,970 |
| 2017 | $20,550 | $606,720 | $124,350 | $482,370 |
| 2016 | $20,386 | $606,720 | $124,350 | $482,370 |
| 2015 | $20,064 | $606,720 | $124,350 | $482,370 |
| 2014 | $20,210 | $606,720 | $124,350 | $482,370 |
Source: Public Records
Agents Affiliated with this Home
-
Lorraine Amaral
Seller's Agent in 2020
Lorraine Amaral
William Pitt
(203) 702-3917
24 in this area
184 Total Sales
-
Melissa Luks Fidanza
Buyer's Agent in 2020
Melissa Luks Fidanza
Luks Realty
(203) 948-7323
1 in this area
80 Total Sales
-
Sandy Anderson
Seller's Agent in 2012
Sandy Anderson
Berkshire Hathaway Home Services
(203) 948-4164
24 in this area
52 Total Sales
-
Christine Fairchild
Buyer's Agent in 2012
Christine Fairchild
Coldwell Banker Realty
(203) 470-0489
82 in this area
126 Total Sales
Map
Source: SmartMLS
MLS Number: 170308864
APN: NEWT-000005-000013-000027-000011
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