NOT LISTED FOR SALE

71 Lakeview Terrace Sandy Hook, CT 06482

Estimated Value: $847,000 - $1,270,000

1.17 Acres
$850,451 Price per Acre
50,965 Sq Ft Lot

Last Sold December 22, 2017

Last sale price $175,000

Est. 444% increase in value since last sale

Current estimated payment $6,370/month

164 Days on Market

Highlights

  • Lake Front
  • No HOA
  • Many Trees
  • Sandy Hook Elementary School Rated A

About This Lot

As of December 2017

Direct waterfront. Approved lot. Gorgeous wooded lot with approx 100" direct frontage on Lake Zoar. Breathtaking views. Boating, fishing, swimming. build your own dock! Survey available. Ready to build your dream home.

Last Agent to Sell the Property

Brian Botti

Botti Realty License #REB.0751249 Listed on: 07/10/2017

Last Buyer's Agent

Kelly Pinckney

Chase Real Estate Services License #REB.0788631

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,728

Lot Details

  • 1.17 Acre Lot
  • Lake Front
  • Many Trees

Property Views

  • Water Views

Schools

  • Newtown High School

Utilities

  • Private Company Owned Well
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$4,728

Lot Details

0

Listing Details

  • Neighborhood: Sandy Hook
  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Property Sub Type: Residential Land
  • Present Use: vacant land
  • Direct Waterfront: Yes
  • Directions: Berkshire Rd to Bennett's Bridge Rd to Lakeview Terr
  • Special Features: None

Exterior Features

  • Waterfront Description: Frontage, Lake, Direct Waterfront
  • Road Frontage Description: Paved Road

Utilities

  • Water Source: Private Well
  • Sewer: Septic
  • Utilities Available: Cable Available, Electric Available, Phone Available
  • Septic Approval: Yes
  • Septic Plan Available: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 1.1700
  • Lot Description: Treed, Water View
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: R-1

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 4728
  • Mil Rate Base: 33.870
  • Assessor Parcel Number: 211758

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Newtown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2022
Sold by
Lakeview Terrace Llc
Bought by
Basek-Smith David and Basak-Smith Madhumita
Current Estimated Value
$952,844

Purchase Details

Closed on
Jan 14, 2019
Sold by
Basak-Smith Sanjit K and Smith Raja B
Bought by
Lakeview Terrace Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 10, 2017
Closed on
Dec 26, 2017
Sold by
636 Cooke St Llc
Bought by
Basak-Smith Sanjit K and Basak-Smith Raja K
Seller's Agent
Brian Botti
Botti Realty
Buyer's Agent
Kelly Pinckney
Chase Real Estate Services
List Price
$199,000
Sold Price
$175,000
Premium/Discount to List
-$24,000
-12.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.06%
Original Mortgage
$131,250
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 20, 2010
Sold by
Botti Rinaldo
Bought by
Botti Brian

Purchase Details

Closed on
Oct 15, 1998
Sold by
Kastens Henry W and Kastens Anna M
Bought by
Brian Botti

Purchase Details

Closed on
Jul 22, 1994
Sold by
Botti Arnold
Bought by
Bm Assoc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,650
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
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
Basek-Smith David -- None Available
Basek-Smith David -- None Available
Basek-Smith David -- None Available
Lakeview Terrace Llc -- --
Lakeview Terrace Llc -- --
Basak-Smith Sanjit K -- --
Basak-Smith Sanjit K -- --
Basak-Smith Sanjit K $175,000 --
Basak-Smith Sanjit K $175,000 --
Botti Brian $383,237 --
Botti Brian -- --
Botti Brian $383,237 --
Brian Botti $42,500 --
Brian Botti $42,500 --
Bm Assoc $20,000 --
Bm Assoc $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lakeview Terrace Llc $350,000
Previous Owner Basak-Smith Sanjit K $131,250
Previous Owner Bm Assoc $18,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2017 12/22/17 Sold $175,000 -7.4% --
07/30/2017 07/30/17 Price Changed $189,000 -5.0% --
07/10/2017 07/10/17 For Sale $199,000 -- --
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 $16,652 $579,400 $207,570 $371,830
2024 $15,626 $579,400 $207,570 $371,830
2023 $15,203 $579,400 $207,570 $371,830
2022 $5,506 $158,810 $134,350 $24,460
2021 $5,502 $158,800 $134,350 $24,450
2020 $4,889 $140,650 $134,350 $6,300
2019 $4,671 $134,350 $134,350 $0
2018 $4,600 $134,350 $134,350 $0
2017 $4,728 $139,600 $139,600 $0
2016 $4,691 $139,600 $139,600 $0
2015 $5,771 $174,500 $174,500 $0
2014 $5,813 $174,500 $174,500 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Brian Botti

    Botti Realty

    (203) 735-9368

    39 Total Sales

    Brian Botti
    Section Image

  • K

    Buyer's Agent in 2017

    Kelly Pinckney

    Chase Real Estate Services

    Section Image
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Map

Source: SmartMLS

MLS Number: 99191599

SmartMLS

APN: NEWT-000051-000005-000036

Connecticut Fairfield County Sandy Hook 06482

71 Lakeview Terrace, Sandy Hook, CT

Not Listed for Sale

Lots

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