NOT LISTED FOR SALE

7 Lakeview Dr Farmington, CT 06032

Estimated Value: $654,000 - $739,000

4 Beds
3 Baths
3,624 Sq Ft
$189/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $586,000 $162 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,333/month

39 Days on Market

Highlights

  • Open Floorplan
  • Ranch Style House
  • 2 Fireplaces
  • East Farms School Rated A
  • Attic
  • No HOA

About This Home

As of May 2023

This renovated ranch house located in Farmington, CT is a charming and spacious single-story home situated in a quiet and peaceful neighborhood. As you enter the house, you are greeted with a warm and welcoming interior that features an open concept living area and hardwood flooring throughout. The living room is spacious and bright, with large windows that provide a stunning view of the surrounding landscape. The beautiful arched built-ins with fireplace mantle highlights the living room. The dining area features a brick fireplace, perfect for hosting family dinners or entertaining guests. The modern kitchen is fully equipped with modern white cabinetry, stainless steel appliances, ample storage, and granite countertops. The house has four bedrooms, each with large windows that offer plenty of natural light and stunning views of the surrounding area. The primary bedroom has an en-suite bathroom with stand-up shower and double sink, while the other two bedrooms share a second full bathroom. The fourth bedroom on the upper level has its own private bath. The bsmt of the house is finished and also has a separate room for office space. The house also features a large patio & pergola perfect for outdoor dining or relaxing in the sun. Additional features include natural gas heat, CAIR, solar panels & a 3-car garage. Easy access to highways, UCONN health, shopping, and walking distance to lake, this home is an ideal choice for a comfortable and convenient place to call home.

Last Agent to Sell the Property

Madhu Reddy

Reddy Realty, LLC License #REB.0791892 Listed on: 03/30/2023

Last Buyer's Agent

Madhu Reddy

Reddy Realty, LLC License #REB.0791892 Listed on: 03/30/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,965

Year Built

  • Built in 1951

Lot Details

  • 0.6 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Garden
  • Property is zoned R20

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Central Vacuum
  • 2 Fireplaces

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Walkup Attic

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener

Schools

  • East Farms Elementary School
  • Farmington High School

Utilities

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

Additional Features

  • Heating system powered by active solar
  • Patio
  • Property is near shops

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,965

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 2674
  • Public Record Living Room Sq Ft: 2374
  • Sq Ft Est Heated Below Grade: 950
  • Total Sq Ft: 3624
  • Year Built: 1951
  • Nearby Amenities: Lake, Medical Facilities, Shopping/Mall
  • Remarks Public Addendum: Seller prefers to close before 5/30/23 and stay until 6/15/23 or flexible. Buyer to assume the Sunnova solar lease. Laundry can be moved up from the basement.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Directions: GPS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 2
  • Attic Description: Walk-up, Storage Space
  • Basement Description: Full With Hatchway, Partially Finished, Heated, Cooled
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Central Vacuum, Open Floor Plan
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Disposal, Washer, Dryer
  • Laundry Room Location: Basement
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 7

Exterior Features

  • Exterior Features: Garden Area, Patio
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 3

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: East Farms
  • High School: Farmington

Green Features

  • Energy Features: Active Solar

Lot Info

  • Acres: 0.6000
  • Lot Description: On Cul-De-Sac, Level Lot
  • Zoning: R20

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 6965
  • Total Assessed Value: 237540
  • Mil Rate Base: 29.320
  • Mil Rate Total: 29.320
  • Assessor Parcel Number: 1985253

MLS Schools

  • Elementary School: East Farms
  • High School: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
May 12, 2023
Sold by
Balur Manjunath V and Umarani Kavita P
Bought by
Makker Jitin and Tripathi Mrinali
Seller's Agent
Madhu Reddy
Reddy Realty, LLC
Buyer's Agent
Madhu Reddy
Reddy Realty, LLC
List Price
$599,000
Sold Price
$586,000
Premium/Discount to List
-$13,000
-2.17%
Views
140
Current Estimated Value
$683,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,150
Avg. Annual Appreciation
6.46%
Original Mortgage
$556,700
Outstanding Balance
$541,022
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$142,128

Purchase Details

Closed on
Feb 18, 2011
Sold by
Stumm Matthew J and Stumm Susan L
Bought by
Schincaglla Gian P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,350
Interest Rate
4.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2007
Sold by
Ray Marion A
Bought by
Stumm Matthew J and Stumm Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 1992
Sold by
Risisky George S and Risisky Julie N
Bought by
Ray Marion A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Makker Jitin $586,000 None Available
Makker Jitin $586,000 None Available
Schincaglla Gian P $385,350 --
Schincaglla Gian P $385,350 --
Stumm Matthew J $389,000 --
Schincaglla Gian P $385,350 --
Stumm Matthew J $389,000 --
Ray Marion A $258,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Makker Jitin $556,700
Closed Makker Jitin $556,700
Previous Owner Schincaglla Gian P $235,350
Previous Owner Ray Marion A $311,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2023 05/12/23 Sold $586,000 -2.2% $162 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $599,000 +46.1% $165 / Sq Ft
07/29/2014 07/29/14 Sold $410,000 -4.6% $157 / Sq Ft View Prior Sale
06/07/2014 06/07/14 Pending -- -- --
05/25/2014 05/25/14 For Sale $429,900 -- $164 / 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 $8,665 $325,500 $95,550 $229,950
2024 $8,284 $325,500 $95,550 $229,950
2023 $7,880 $325,500 $95,550 $229,950
2022 $6,965 $237,540 $86,920 $150,620
2021 $6,844 $237,540 $86,920 $150,620
2020 $6,644 $237,540 $86,920 $150,620
2019 $6,644 $237,540 $86,920 $150,620
2018 $6,456 $237,540 $86,920 $150,620
2017 $6,510 $244,010 $85,180 $158,830
2016 $6,291 $244,010 $85,180 $158,830
2015 $6,103 $244,010 $85,180 $158,830
2014 $5,964 $244,020 $85,190 $158,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170556959

SmartMLS

APN: FARM-000108-000001-001060-000007