NOT LISTED FOR SALE

8 Cato Corner Rd Colchester, CT 06415

Estimated Value: $563,000 - $619,000

3 Beds
1 Bath
1,708 Sq Ft
$353/Sq Ft Est. Value

Last Sold August 21, 2024

Last sale price $586,000 $343 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,767/month

16 Days on Market

Highlights

  • 61 Acre Lot
  • Colonial Architecture
  • Porch
  • William J. Johnston Middle School Rated A-
  • Attic
  • Patio

About This Home

As of August 2024

Circa 1915 New England Farmhouse in need of updating set on pastoral gently rolling 61 acres of land with approximately 15-16 Acres of pasture/tillable ground. Set on the corner of Cato Corners Road with approximately 2500'+/- of frontage and CT RT 16 with an additional 950'+/- of road frontage this property offers great potential for agricultural use, as a horse/stabling property, or potentially developable for use a single family homesites! This 1708 SF 2 Story Colonial Home offers Classic Exterior Lines with old fashion farmers front porch with a 3 Bedrooms and a single bath floor plan-potential plus waiting for your touches! Small outbuilding in proximity to the principal dwelling offers single bay storage and workshop space! Located in commuter friendly yet rural surroundings with EZ CT RT 2 commute to Hartford Capital Region Area or New London/Norwich shoreline areas!

Last Agent to Sell the Property

Jim Celio

Century 21 AllPoints Realty License #REB.0111180 Listed on: 07/06/2024

Century 21 AllPoints Realty

Last Buyer's Agent

Lori Vogel

William Raveis Real Estate License #REB.0750070

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,527

Year Built

  • Built in 1915

Lot Details

  • 61 Acre Lot
  • Property is zoned RU

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,708 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on lower level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Attic

  • Unfinished Attic
  • Attic or Crawl Hatchway Insulated

Outdoor Features

  • Patio
  • Shed
  • Rain Gutters
  • Porch

Location

  • Property is near a golf course

Schools

  • Colchester Elementary School
  • Johnston Middle School
  • Jack Jackter Middle School
  • Bacon Academy High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2336889

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,527

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1708
  • Total Sq Ft: 1708
  • Year Built: 1915
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: White Farmhouse on the NE Corner of Cato Corner Rd and RT 16
  • Financing Used: Cash
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Attic Description: Unfinished, Access Via Hatch
  • Basement Description: Full, Unfinished, Full With Hatchway
  • Appliances: None
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 8

Exterior Features

  • Exterior Features: Shed, Porch, Gutters, Patio
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric, Tank Size Unknown
  • Water Source: Private Well
  • Sewer: Septic

Schools

  • Elementary School: Colchester
  • Middle School: Johnston
  • High School: Bacon Academy
  • Intermediate School: Jack Jackter

Lot Info

  • Acres: 61
  • Lot Description: Some Wetlands Lightly Wooded Farm Land Cleared Rolling
  • Zoning: RU
  • Parcel #: 2336889

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 5527
  • Total Assessed Value: 192770
  • Mil Rate Total: 28.67

MLS Schools

  • Elementary School: Colchester
  • Middle Jr High School: Johnston
  • High School: Bacon Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2024
Closed on
Aug 16, 2024
Sold by
Mentan Associates Llc
Bought by
Ahearn Michael B
Seller's Agent
Jim Celio
Century 21 AllPoints Realty
Buyer's Agent
Lori Vogel
William Raveis Real Estate
List Price
$610,000
Sold Price
$586,000
Premium/Discount to List
-$24,000
-3.93%
Views
3
Current Estimated Value
$602,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,454
Avg. Annual Appreciation
2.53%
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
Ahearn Michael B $586,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2024 08/21/24 Sold $586,000 -3.9% $343 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
07/06/2024 07/06/24 For Sale $610,000 -- $357 / 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 $6,876 $229,800 $104,600 $125,200
2024 $5,527 $192,770 $67,570 $125,200
2023 $5,247 $192,770 $67,570 $125,200
2022 $5,220 $192,770 $67,570 $125,200
2021 $5,107 $155,500 $59,700 $95,800
2020 $5,107 $155,500 $59,700 $95,800
2019 $5,107 $155,500 $59,700 $95,800
2018 $5,020 $155,500 $59,700 $95,800
2017 $5,034 $155,500 $59,700 $95,800
2016 $4,822 $156,000 $67,300 $88,700
2015 $4,799 $156,000 $67,300 $88,700
2014 $4,769 $156,000 $67,300 $88,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24032446

SmartMLS

APN: COLC-000004W-000009-000031