$540,000
SOLD SEP 25, 2018

7 Franklins Way Guilford, CT 06437

3 Beds
2.5 Baths
4,663 Sq Ft
1.12 Acres

Recently Sold

$116 Per Sq Ft

17% Below List Price

80 Days on Market

Highlights

  • Spa
  • Open Floorplan
  • ENERGY STAR Certified Homes
  • E.C. Adams Middle School Rated A-
  • Colonial Architecture
  • Deck

About This Home

As of September 2018

GREAT LOCATION... less than 1 mile from Guilford's award-winning town green, close access to beaches and I95, this beautiful Energy Star colonial will not disappoint. Built in 2004, this home offers approx. 4,665 SF of finished living space and situated on 1.12 acres of park like grounds & gardens at the end of a cul-de-sac within a desirable subdivision. Upon entering the front door, which is flanked by both the formal living & dining rooms, you will find yourself amazed at the unexpected combination of form and functionality. The living room offers crown molding and floor-to-ceiling bookcases and opens to the family room via a columned archway. The family room, w/additional built-ins and a stone accented wood-burning fireplace, provides a comfortable space for friends & family to gather and flows easily to the kitchen. Features include H/W floors throughout, granite counter tops, S.S. appliances inc. a 6-burner gas cook top, center island & plenty of custom built-ins for ample storage space. Striking 4-season sunroom with walls of glass adds another layer of attraction. All bedrooms are found on the second floor and offer hardwood floors and closets with built-ins. The master bedroom also features crown molding, a walk-in closet and a full bath. The bonus room over the 3-car garage offers a large space which can easily provide a 4th bedroom. This homes also offers a finished walk-out lower level. Current owners invested over $55K in improvements. Nothing to do but move in!

Last Agent to Sell the Property

Rose Ciardiello

William Raveis Real Estate License #RES.0798086 Listed on: 06/15/2018

William Raveis Real Estate

Last Buyer's Agent

Giulio Liguori

American First Realty LLC License #REB.0756688

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,264

Year Built

  • Built in 2004

Lot Details

  • 1.12 Acre Lot
  • Cul-De-Sac
  • Interior Lot
  • Garden
  • Property is zoned R-5

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Fiberglass Roof
  • Vinyl Siding
  • Radon Mitigation System

Interior Spaces

  • Open Floorplan
  • 1 Fireplace
  • Thermal Windows
  • French Doors
  • Entrance Foyer
  • Bonus Room

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry on upper level

Attic

  • Attic Floors
  • Storage In Attic
  • Walkup Attic

Finished Basement

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

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors

Parking

  • 3 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Spa
  • Deck
  • Patio

Schools

  • Calvin Leete Elementary School
  • Guilford High School

Utilities

  • Central Air
  • Floor Furnace
  • Heating System Uses Oil
  • Hydro-Air Heating System
  • Private Company Owned Well
  • Fuel Tank Located in Basement
  • Cable TV Available

Additional Features

  • ENERGY STAR Certified Homes
  • Property is near a golf course

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,264

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 4013
  • Public Record Living Room Sq Ft: 4013
  • Sq Ft Est Heated Below Grade: 650
  • Total Sq Ft: 4663
  • Year Built: 2004
  • Nearby Amenities: Basketball Court, Golf Course, Health Club, Lake, Library, Medical Facilities, Park, Playground/Tot Lot
  • Remarks Public Addendum: Please ask for list of updates and improvements. Beginning of driveway shared by 2 homes and share cost of maintenance and snow removal. Security system, central vacuum and radon (air) mitigation system in place.
  • In Law Apartment: Possible
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Yes
  • Radon Mitigation Water Ynu: No
  • Directions: I-95 (to ex 59) > Goose Lane > Franklins Way, to end of cul-de-sac
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Walk-up, Floored, Storage Space
  • Basement Description: Full With Walk-Out, Fully Finished, Walk-out
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Open Floor Plan, Security System
  • Appliances: Gas Cooktop, Wall Oven, Microwave, Refrigerator, Dishwasher
  • Additional Rooms: Bonus Room, Foyer, Laundry Room, Mud Room
  • Laundry Room Location: Laundry room off bonus room
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Street Number Modifier: 7

Exterior Features

  • Exterior Features: Deck, French Doors, Garden Area, Hot Tub, Patio
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Fiberglass Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 3
  • Driveway Type: Paved

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Calvin Leete
  • High School: Guilford

Green Features

  • Energy Features: Energy Star Rated, Storm Doors, Storm Windows, Thermopane Windows

Lot Info

  • Acres: 1.1200
  • Lot Description: Interior Lot, On Cul-De-Sac, In Subdivision, Professionally Landscaped
  • Flood Zone: No
  • Zoning: R-5

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 14264
  • Total Assessed Value: 455400
  • Mil Rate Base: 29.360
  • Mil Rate Total: 29.360
  • Assessor Parcel Number: 2390269

MLS Schools

  • Elementary School: Calvin Leete
  • High School: Guilford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2020
Sold by
Morra Luciano
Bought by
Morra Nunzio L
Current Estimated Value
$1,142,862

Purchase Details

Listed on
Jun 15, 2018
Closed on
Sep 26, 2018
Sold by
Gao Xiang and Tran Anh
Bought by
American International
Seller's Agent
Rose Ciardiello
William Raveis Real Estate
Buyer's Agent
Giulio Liguori
American First Realty LLC
List Price
$650,000
Sold Price
$540,000
Premium/Discount to List
-$110,000
-16.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%

Purchase Details

Listed on
Mar 3, 2014
Closed on
Aug 5, 2014
Sold by
Guilford Savings Bank
Bought by
Gao Xiahg and Tran Anh
Seller's Agent
Sue Popplewell
Pearce Real Estate
Buyer's Agent
Jonathan Kwiat
Berkshire Hathaway NE Prop.
List Price
$649,900
Sold Price
$555,000
Premium/Discount to List
-$94,900
-14.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.66%
Original Mortgage
$417,000
Interest Rate
4.18%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 13, 2013
Sold by
Austin-Small Peter O and Austin-Small Linda M
Bought by
Guilford Sb

Purchase Details

Closed on
Nov 19, 2004
Sold by
J&L Const Llc
Bought by
Austin-Small Peter O and Austin-Small Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.8%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $540,000 --
Quit Claim Deed $555,000 --
Not Resolvable $638,719 --
Warranty Deed $749,360 --
Not Resolvable $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $417,000 Adjustable Rate Mortgage/ARM
Previous Owner $27,000 No Value Available
Previous Owner $600,000 No Value Available
Previous Owner $325,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2018 09/25/18 Sold $540,000 -6.1% $116 / Sq Ft
09/03/2018 09/03/18 Pending -- -- --
08/19/2018 08/19/18 Price Changed $575,000 -4.2% $123 / Sq Ft
08/11/2018 08/11/18 Price Changed $600,000 -4.0% $129 / Sq Ft
08/01/2018 08/01/18 Price Changed $625,000 -3.8% $134 / Sq Ft
06/15/2018 06/15/18 For Sale $650,000 +17.1% $139 / Sq Ft
08/01/2014 08/01/14 Sold $555,000 -14.6% $138 / Sq Ft
06/20/2014 06/20/14 Pending -- -- --
03/03/2014 03/03/14 For Sale $649,900 -- $162 / 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
2024 $16,556 $622,860 $178,150 $444,710
2023 $16,120 $622,860 $178,150 $444,710
2022 $15,163 $456,020 $199,990 $256,030
2021 $14,875 $456,020 $199,990 $256,030
2020 $14,734 $456,020 $199,990 $256,030
2019 $14,606 $456,020 $199,990 $256,030
2018 $14,264 $456,020 $199,990 $256,030
2017 $13,371 $455,400 $202,860 $252,540
2016 $13,056 $455,400 $202,860 $252,540
2015 $12,860 $455,400 $202,860 $252,540
2014 $12,487 $455,400 $202,860 $252,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170090842

SmartMLS

APN: GUIL-000000-000000-081113