NOT LISTED FOR SALE

78 Prospect Mountain Rd Bantam, CT 06750

Estimated Value: $376,000 - $646,000

3 Beds
2 Baths
2,500 Sq Ft
$192/Sq Ft Est. Value

Last Sold January 17, 2013

Last sale price $220,000 $88 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $2,826/month

370 Days on Market

Highlights

  • Colonial Architecture
  • Wood Burning Stove
  • Partially Wooded Lot
  • Litchfield High School Rated 10
  • Farm
  • Attic

About This Home

As of January 2013

Selling "as is". Charming antiq on 1.5 Acres with farmland views, spring fed pond on a wonderfully quiet back road to milton. Wide plank floors, a woodburning stove, great dining room with views. The flow is unusual for a home of this age with open plan.
This home has had much important renovation and repair but needs some structural repair on the roof even through roof is only a few years old.The home was originally a meeting house in milton, moved sometime in early 19th century. The room off the living room could easily be a master bedroom with its own en suite bathroom. The cosy deck over looking the mature gardens has views of the pond and a tiny shed/summer house. The furnace,roof and many windows were replaced by the owner five years ago. It is perfect for some one who wants to go country yet be only minutes from manolo blahnik owners of arethusa farm store.

Last Agent to Sell the Property

VICTORIA ELLIOT

William Pitt Sotheby's Int'l License #RES.0778805 Listed on: 12/16/2011

Last Buyer's Agent

Janet Nelson

William Pitt Sotheby's Int'l License #RES.0750034

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,557

Year Built

  • Built in 1780

Lot Details

  • 1.5 Acre Lot
  • Stone Wall
  • Partially Wooded Lot
  • Garden

Parking

  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Clap Board Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • 1 Fireplace
  • Wood Burning Stove
  • Concrete Flooring
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Central Elementary School
  • Litchfield High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • Farm

Community Details

  • Planned Unit Development

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,557

Year Built

Built in 1780

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: Yes
  • Style: Colonial
  • Total Sq Ft: 2500
  • Year Built: 1780
  • Directions: Through the village of bantam 0n 202 past goosboro dive-in, first right then left on prosepect mountain road. If coming from washington it is first left just before goosboro drive in.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Concrete Floor, Full With Walk-Out, Unfinished
  • Interior Amenities: Cable - Available
  • Laundry Room Location: First Floor
  • Attic: Yes

Exterior Features

  • Exterior Features: Garden Area, Stone Wall, Storage Building
  • Exterior Siding: Clapboard
  • Swimming Pool: No

Garage/Parking

  • Driveway Type: Gravel

Utilities

  • Heat Type: Baseboard, Wood/Coal Stove
  • Heat Fuel Type: Oil, Wood
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Lot Info

  • Acres: 1.5000
  • Lot Description: Farm Land, Lightly Wooded, Fence - Partial
  • Property Info: Planned Unit Development

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 5557
  • Assessor Parcel Number: 819543

MLS Schools

  • Elementary School: Central
  • High School: Litchfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2011
Closed on
Jan 15, 2013
Sold by
Jao Gwei Lan
Bought by
Jao Gwei Lan
Seller's Agent
VICTORIA ELLIOT
William Pitt Sotheby's Int'l
Buyer's Agent
Janet Nelson
William Pitt Sotheby's Int'l
List Price
$315,000
Sold Price
$220,000
Premium/Discount to List
-$95,000
-30.16%
Current Estimated Value
$479,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,261
Avg. Annual Appreciation
6.19%
Original Mortgage
$120,000
Outstanding Balance
$83,397
Interest Rate
3.36%
Mortgage Type
New Conventional
Estimated Equity
$395,864

Purchase Details

Closed on
May 11, 2006
Sold by
Vandyke Megan
Bought by
Holland Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2003
Sold by
Knox Martin and Knox Rebekah
Bought by
Dyke Megan

Purchase Details

Closed on
Jul 29, 2002
Sold by
Kalognomos Anne M
Bought by
Knox Rebekah and Knox Martin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jao Gwei Lan $220,000 --
Holland Patricia $420,000 --
Dyke Megan $274,500 --
Knox Rebekah $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knox Rebekah $120,000
Previous Owner Knox Rebekah $42,000
Previous Owner Knox Rebekah $336,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2013 01/17/13 Sold $220,000 -30.2% $88 / Sq Ft
12/20/2012 12/20/12 Pending -- -- --
12/16/2011 12/16/11 For Sale $315,000 -- $126 / 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 $3,781 $189,070 $72,510 $116,560
2024 $3,498 $189,070 $72,510 $116,560
2023 $3,628 $135,890 $65,890 $70,000
2022 $3,642 $135,890 $65,890 $70,000
2021 $3,751 $135,890 $65,890 $70,000
2020 $3,764 $135,890 $65,890 $70,000
2019 $3,832 $135,890 $65,890 $70,000
2018 $4,937 $178,230 $73,510 $104,720
2017 $4,919 $178,230 $73,510 $104,720
2016 $4,759 $178,230 $73,510 $104,720
2015 -- $178,230 $73,510 $104,720
2014 $4,483 $177,900 $73,510 $104,390
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2013

    VICTORIA ELLIOT

    William Pitt

  • Janet Nelson

    Buyer's Agent in 2013

    Janet Nelson

    William Pitt

    (860) 488-7151

    12 Total Sales

    Janet Nelson
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Map

Source: SmartMLS

MLS Number: L140871

SmartMLS

APN: LITC-000081-000083-000009

Connecticut Litchfield County Bantam 06750

78 Prospect Mountain Rd, Bantam, CT

Not Listed for Sale

Detached

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