NOT LISTED FOR SALE

75 Florence Way Farmington, CT 06032

Estimated Value: $354,000 - $466,000

2 Beds
2.5 Baths
1,992 Sq Ft
$203/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $310,000 $156 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,818/month

6 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • 1 Fireplace
  • West Woods Upper Elementary School Rated A
  • Attic
  • 2 Car Garage

About This Home

As of August 2021

Beautiful townhome located in desirable Southwest Village in Farmington. This home open floor plan features 2 bedrooms and 2.5 baths. Naturally lit unit living room with hardwood flooring throughout, plenty of windows and a cozy fireplace. The kitchen has been updated with new cabinetry, granite, tiled backsplash and a stainless-steel appliances. Updated all Bath rooms. Master bedroom suite has a walk-in closet and tiled spa tub. The living room with sliding doors lead to the deck and yard. The large finished basement offers 432 sqft of additional living and entertainment space. Convenient location near shopping, and restaurants.

Last Agent to Sell the Property

Madhu Reddy

Reddy Realty, LLC License #REB.0791892 Listed on: 07/02/2021

Last Buyer's Agent

Madhu Reddy

Reddy Realty, LLC License #REB.0791892 Listed on: 07/02/2021

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,427

Year Built

  • Built in 1990

Lot Details

  • Cul-De-Sac

HOA Fees

  • $285 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • 1 Fireplace
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Parking Deck
  • Automatic Garage Door Opener

Outdoor Features

  • Deck
  • Rain Gutters
  • Porch

Schools

  • Noah Wallace Elementary School
  • Farmington High School

Utilities

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

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, property management, insurance
  • 84 Units
  • Southwest Village Community

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,427

Year Built

Built in 1990

Lot Details

0

HOA Fees

$285 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1560
  • Public Record Living Room Sq Ft: 1560
  • Sq Ft Est Heated Below Grade: 432
  • Total Sq Ft: 1992
  • Year Built: 1990
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Tax Year Updated Dt: 07/19/2021
  • Directions: GPS
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Partially Finished
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Open Floor Plan
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Disposal, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck, Gutters, Porch
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Insurance
  • Complex Name: Southwest Village
  • HOA Fees: 285
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No

Lot Info

  • Lot Description: On Cul-De-Sac, Level Lot
  • Zoning: RDM

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 4427
  • Mil Rate Base: 28.810
  • Assessor Parcel Number: 1983415

Multi Family

  • Total Num Of Units: 84

MLS Schools

  • Elementary School: Noah Wallace
  • High School: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Aug 17, 2021
Sold by
Nair Krishnadas V and Nair Soumya
Bought by
Vasanth-Louis Arul and Ramasamy Devi
Seller's Agent
Madhu Reddy
Reddy Realty, LLC
Buyer's Agent
Madhu Reddy
Reddy Realty, LLC
List Price
$299,900
Sold Price
$310,000
Premium/Discount to List
$10,100
3.37%
Current Estimated Value
$403,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,393
Avg. Annual Appreciation
6.47%
Original Mortgage
$248,000
Outstanding Balance
$225,509
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$177,884

Purchase Details

Closed on
Jun 1, 2017
Sold by
Wei Wei
Bought by
Nair Krishnadas V and Nair Soumya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,825
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 2009
Sold by
Ma David Lei and Wang Wei
Bought by
Wei Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,200
Interest Rate
4.86%

Purchase Details

Closed on
Apr 3, 2006
Sold by
Marci Sharon A
Bought by
Leima David and Wang Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,800
Interest Rate
5.75%

Purchase Details

Closed on
Jul 31, 1995
Sold by
Southwest Vlg Farm Lp
Bought by
Marci Sharon A
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
Vasanth-Louis Arul $310,000 None Available
Nair Krishnadas V $233,500 --
Wei Wei $226,500 --
Leima David $241,000 --
Marci Sharon A $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasanth-Louis Arul $248,000
Previous Owner Nair Krishnadas V $221,825
Previous Owner Marci Sharon A $175,000
Previous Owner Marci Sharon A $181,200
Previous Owner Marci Sharon A $192,800
Previous Owner Marci Sharon A $18,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2021 08/17/21 Sold $310,000 +3.4% $156 / Sq Ft
07/09/2021 07/09/21 For Sale $299,900 0.0% $151 / Sq Ft
07/03/2021 07/03/21 Price Changed $299,900 -- $151 / 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 $5,059 $190,050 $0 $190,050
2024 $4,837 $190,050 $0 $190,050
2023 $4,601 $190,050 $0 $190,050
2022 $4,506 $153,670 $0 $153,670
2021 $4,427 $153,670 $0 $153,670
2020 $4,298 $153,670 $0 $153,670
2019 $4,298 $153,670 $0 $153,670
2018 $4,177 $153,670 $0 $153,670
2017 $3,768 $141,230 $0 $141,230
2016 $3,641 $141,230 $0 $141,230
2015 $3,532 $141,230 $0 $141,230
2014 $3,316 $135,660 $0 $135,660
Source: Public Records

Agents Affiliated with this Home

  • Madhu Reddy

    Seller's Agent in 2021

    Madhu Reddy

    Reddy Realty, LLC

    (860) 918-2921

    58 in this area

    396 Total Sales

    Madhu Reddy
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Map

Source: SmartMLS

MLS Number: 170416230

SmartMLS

APN: FARM-000136-000043B-005610-000075

Connecticut Hartford County Farmington 06032

75 Florence Way, Farmington, CT

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