NOT LISTED FOR SALE

71 Timberlake Ct Torrington, CT 06790

Estimated Value: $800,000 - $831,000

5 Beds
4.5 Baths
4,504 Sq Ft
$181/Sq Ft Est. Value

Last Sold April 22, 2024

Last sale price $710,000 $158 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,841/month

41 Days on Market

Highlights

  • Sub-Zero Refrigerator
  • 3 Acre Lot
  • Contemporary Architecture
  • Waterfront
  • Deck
  • Attic

About This Home

As of April 2024

FABULOUS PRICE REDUCTION!! SOLD AS IS! JUST MINUTES FROM THE LITCHFIELD LINE. Le Chateau. At the intersection of serenity & beauty lies this French Flemish-style manor house situated on 3+/- Acres. A gracious double height entry leads to the beautiful dining area that can seat 8 generously & opens to the great room w/ large granite open fireplace. There are 3 sets of French doors that lead to a copious deck w/ views of the grounds & Timber Lake. A chefs eat-in kitchen is outfitted w/ 2. ovens, 9 burners & top-of-the-line appliances. These owners know food & love to cook & the kitchen reflects that harmony. There is an adjacent laundry room w/ storage & small office space. The dramatic primary bedroom suite w/ fireplace is on the main floor. French doors lead to the deck & views. There is a separate private sitting area w/ views to the garden through the bay window. 10’ ceilings give an air of spaciousness & light throughout. A luxury outfitted primary ensuite bathroom w/ vaulted ceilings & concealed lighting boasts a generous shower room, double sinks & enclosed lavatory. A beautiful staircase leads to the 2nd floor w/ 3 bedrooms & 2 bathrooms affording privacy for both owners & company. The lower level has a billiard table, bar, full bath & bedroom w/ antique cherry floors & access to the 2-car garage. Professionally designed gardens w/ beautiful specimen & ornamental trees abut the stream & natural waterfall. And then there is the lake for boating, & fishing!

Last Agent to Sell the Property

Judith Auchincloss

Klemm Real Estate Inc License #RES.0022506 Listed on: 02/05/2024

Last Buyer's Agent

Emily Turker

Berkshire Hathaway NE Prop. License #RES.0471901

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,015

Year Built

  • Built in 2002

Lot Details

  • 3 Acre Lot
  • Waterfront
  • Stone Wall
  • Garden
  • Property is zoned R60

HOA Fees

  • $60 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • Central Vacuum
  • Sound System
  • 2 Fireplaces
  • French Doors
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Oven
  • Gas Range
  • Sub-Zero Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Smart Thermostat

Parking

  • 2 Car Garage
  • Parking Deck

Outdoor Features

  • Deck
  • Patio
  • Terrace
  • Porch

Schools

  • Torrington High School

Utilities

  • Zoned Heating and Cooling System
  • Hydro-Air Heating System
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Private Water Source
  • Propane Water Heater

Community Details

  • Association fees include snow removal

Listing and Financial Details

  • Exclusions: Light fixtures, curtains. Ask listing agent for list.
  • Assessor Parcel Number 892825

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,015

Year Built

Built in 2002

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Contemporary
  • Sq Ft Est Heated Above Grade: 2766
  • Sq Ft Est Heated Below Grade: 1738
  • Total Sq Ft: 4504
  • Year Built: 2002
  • New Construction: No/Resale
  • Nearby Amenities: Medical Facilities, Private School(s)
  • Exclusions: Light fixtures, curtains. Ask listing agent for list.
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Directions: GPS Friendly
  • Financing Used: Assumed Conventional
  • Spec Assoc Asses: No
  • Street Type: Court
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full
  • Interior Amenities: Audio System, Central Vacuum, Security System
  • Appliances: Gas Range, Wall Oven, Refrigerator, Freezer, Subzero, Dishwasher, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Home Automation: Thermostat(s)
  • Street Number Modifier: 71
  • Other SqFt Description: Combination of finished square footage 4504

Exterior Features

  • Exterior Features: Terrace, Porch, Deck, Garden Area, Stone Wall, French Doors, Patio
  • Exterior Siding: Stucco
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: River Lake View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Hydro Air, Zoned
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Propane, Domestic
  • Water Source: Private Water System
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Snow Removal
  • HOA Fees: 720
  • HOA Fee Frequency: Annually

Schools

  • Elementary School: Per Board of Ed
  • High School: Torrington

Lot Info

  • Acres: 3
  • Lot Description: Additional Land Avail. On Cul-De-Sac Water View
  • Zoning: R60
  • Parcel #: 892825

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 16015
  • Total Assessed Value: 333940
  • Mil Rate Total: 47.96

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Torrington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Apr 22, 2024
Sold by
De Timberlake Llc
Bought by
Knechel Jared and Hansen Catherine
Seller's Agent
Judith Auchincloss
Klemm Real Estate Inc
Buyer's Agent
Emily Turker
Berkshire Hathaway NE Prop.
List Price
$785,000
Sold Price
$710,000
Premium/Discount to List
-$75,000
-9.55%
Views
207
Current Estimated Value
$816,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,416
Avg. Annual Appreciation
9.08%
Original Mortgage
$568,000
Outstanding Balance
$560,354
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$241,472

Purchase Details

Closed on
Jul 21, 2021
Sold by
71 Timberlake Ct Llc
Bought by
De Timberlake Llc

Purchase Details

Listed on
Aug 10, 2017
Closed on
Dec 14, 2017
Sold by
Lipsitz Nancy
Bought by
71 Timberlake Ct Llc
Seller's Agent
JB Avery
Coldwell Banker Katonah
Buyer's Agent
JB Avery
Coldwell Banker Katonah
List Price
$495,000
Sold Price
$475,000
Premium/Discount to List
-$20,000
-4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Original Mortgage
$400,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2011
Sold by
Lipsitz Marc
Bought by
Lipsitz Nancy

Purchase Details

Closed on
Dec 31, 2003
Sold by
Ducci Electrical Cont
Bought by
Lipsitz Nancy

Purchase Details

Closed on
Jul 23, 1999
Sold by
Timber Lake Group Llc
Bought by
Lipsitz Marc and Lipsitz Nancy
Source: Public Records

Range of Values:

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Average Value
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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
Knechel Jared $710,000 None Available
Knechel Jared $710,000 None Available
De Timberlake Llc $365,000 None Available
De Timberlake Llc $365,000 None Available
71 Timberlake Ct Llc $475,000 --
Lipsitz Nancy -- --
Lipsitz Nancy $155,000 --
Lipsitz Marc $70,650 --
71 Timberlake Ct Llc $475,000 --
Lipsitz Nancy -- --
Lipsitz Nancy $155,000 --
Lipsitz Marc $70,650 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knechel Jared $568,000
Closed Knechel Jared $568,000
Previous Owner 71 Timberlake Court Llc $150,000
Previous Owner 71 Timberlake Ct Llc $25,000
Previous Owner Lipsitz Marc $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2024 04/22/24 Sold $710,000 -9.6% $158 / Sq Ft
03/17/2024 03/17/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $785,000 +65.3% $174 / Sq Ft
12/08/2017 12/08/17 Sold $475,000 -4.0% $105 / Sq Ft
11/03/2017 11/03/17 Pending -- -- --
09/15/2017 09/15/17 For Sale $495,000 0.0% $110 / Sq Ft
09/01/2017 09/01/17 Pending -- -- --
08/10/2017 08/10/17 For Sale $495,000 -- $110 / 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 $17,629 $458,500 $81,760 $376,740
2024 $12,966 $270,290 $63,390 $206,900
2023 $12,963 $270,290 $63,390 $206,900
2022 $12,741 $270,290 $63,390 $206,900
2021 $12,479 $270,290 $63,390 $206,900
2020 $12,479 $270,290 $63,390 $206,900
2019 $12,846 $278,240 $63,390 $214,850
2018 $12,846 $278,240 $63,390 $214,850
2017 $12,729 $278,240 $63,390 $214,850
2016 $12,729 $278,240 $63,390 $214,850
2015 $12,729 $278,240 $63,390 $214,850
2014 $13,803 $380,030 $120,060 $259,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170622865

SmartMLS

APN: TORR-000202-000002-000019