NOT LISTED FOR SALE

7 Sunset Terrace Sherman, CT 06784

Estimated Value: $505,000 - $649,893

4 Beds
1.5 Baths
2,080 Sq Ft
$272/Sq Ft Est. Value

Last Sold January 08, 2020

Last sale price $277,500 $133 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,358/month

145 Days on Market

Highlights

  • 3.14 Acre Lot
  • Attic
  • No HOA
  • Wood Burning Stove
  • 1 Fireplace
  • Log Cabin

About This Home

As of January 2020

Extensive year round views and wide open spaces make this a perfect, private setting for this rustic log home with large front porch! Vaulted log beam ceilings in living room and dining area with pellet stove. Open working kitchen area with pantry. Sunroom in front of house with wood stove and skylights overlooking the property. Main level master bedroom with large dressing/closet area. Other bedroom on main level can also serve as office. Upstairs bedrooms ideal for weekend guests. Solar panels installed in 2006 which feeds the solar hot water heater. The two car garage has additional space for additional vehicles or workshop area. Perfect for the buyer who is looking for privacy!
The Sunset Terrace Association fee is $250 per year. The Osborn Road Association fee is $75.

Last Agent to Sell the Property

Sherry Wheeler

William Raveis Real Estate License #RES.0723345 Listed on: 07/05/2019

William Raveis Real Estate

Co-Listed By

Gary Passineau

William Raveis Real Estate License #RES.0771449

Last Buyer's Agent

Todd Sargent

Coldwell Banker Realty License #RES.0759978

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,340

Year Built

  • Built in 1964

Lot Details

  • 3.14 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Cleared Lot
  • Many Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Log Cabin
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Log Siding

Interior Spaces

  • 2,080 Sq Ft Home
  • 1 Fireplace
  • Wood Burning Stove
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Outdoor Features

  • Shed
  • Porch

Schools

  • Sherman Elementary School
  • Voucher High School

Utilities

  • Heating System Uses Oil
  • Private Company Owned Well
  • Fuel Tank Located in Basement

Additional Features

  • Solar Water Heater
  • Property is near golf course

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,340

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Log
  • Sq Ft Est Heated Above Grade: 2080
  • Public Record Living Room Sq Ft: 2080
  • Total Sq Ft: 2080
  • Year Built: 1964
  • Nearby Amenities: Golf Course, Lake, Library, Park
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Tax Year Updated Dt: 07/29/2019
  • Directions: Rt. 37 to Osborne Road to Sunset Terrace to end.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Partial With Walk-Out, Unfinished
  • Appliances: Electric Cooktop, Wall Oven, Refrigerator, Washer, Electric Dryer
  • Laundry Room Info: Main Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Porch, Shed
  • Exterior Siding: Logs
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Log

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2

Utilities

  • Heat Type: Hot Air, Wood/Coal Stove
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic, Solar Assisted
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 3.1400
  • Lot Description: On Cul-De-Sac, Cleared, Level Lot, Sloping Lot, Treed
  • Zoning: Residential

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 4340
  • Mil Rate Base: 19.810
  • Assessor Parcel Number: 309221

MLS Schools

  • Elementary School: Sherman
  • Middle Jr High School: Per Board of Ed
  • High School: Voucher

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2019
Closed on
Dec 20, 2019
Sold by
Tiebout Barbara S Est
Bought by
Hipp James C
Seller's Agent
Sherry Wheeler
William Raveis Real Estate
Buyer's Agent
Todd Sargent
Coldwell Banker Realty
List Price
$349,900
Sold Price
$277,500
Premium/Discount to List
-$72,400
-20.69%
Current Estimated Value
$564,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,223
Avg. Annual Appreciation
12.46%
Original Mortgage
$222,000
Outstanding Balance
$195,303
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$369,420
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hipp James C $277,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hipp James C $222,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2020 01/08/20 Sold $277,500 -7.2% $133 / Sq Ft
11/27/2019 11/27/19 Pending -- -- --
10/18/2019 10/18/19 Price Changed $299,000 -14.5% $144 / Sq Ft
07/05/2019 07/05/19 For Sale $349,900 -- $168 / 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 $5,096 $305,700 $86,000 $219,700
2024 $5,001 $305,700 $86,000 $219,700
2023 $5,448 $305,700 $86,000 $219,700
2022 $5,558 $305,700 $86,000 $219,700
2021 $5,070 $272,000 $86,100 $185,900
2020 $4,187 $219,100 $86,000 $133,100
2019 $4,340 $219,100 $86,000 $133,100
2018 $4,452 $219,000 $90,500 $128,500
2017 $4,450 $218,900 $90,400 $128,500
2016 $4,451 $218,960 $90,440 $128,520
2015 $4,945 $246,750 $90,440 $156,310
2014 $4,896 $246,750 $90,440 $156,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170213009

SmartMLS

APN: SHMN-000021-000000-000034