NOT LISTED FOR SALE

8 Iron Gate Ln Cromwell, CT 06416

Estimated Value: $659,000 - $721,007

5 Beds
4 Baths
3,770 Sq Ft
$185/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $470,000 $125 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,739/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • Bonus Room
  • Cromwell High School Rated 9+
  • 2 Fireplaces
  • Mud Room

About This Home

As of May 2021

One of a kind stately 1940's gem. The architectural design of this home will impress from the gorgeous woodwork and finishes that include a spectacular staircase, arched glass doors, detailed moldings, beautiful built-in hutch in the grand dining room, and 4 full baths with retro finishes all in amazing condition. Entering the front door vestibule sets the stage. Then into the center hallway boasting the stunning staircase and arched doors which lead to a truly spectacular great room that includes three separate sitting areas - one around a beautiful fireplace and another a bowed nook with large windows letting the outside in. The first floor also includes an office/6th bedroom, full bath, a beautiful Cherry kitchen that opens into a large breakfast area which steps down into an oversized, fully glassed mud room that takes advantage of the beautiful views and landscape. Upstairs offers 3 good-sized bedrooms and hall bath, a master suite with full bath, and amazing game room/additional bedroom including vaulted ceiling, impressive floor-to-ceiling windows, second floor laundry, separate office, and plenty of closet space. Finished walk out lower level equally impressive with fireplace, bowed nook, wetbar, full bath and additional bedroom/den. All to be enjoyed on your sitting porch that overlooks a beautiful landscaped lot. 24 hour notice required.

Last Agent to Sell the Property

Mark Toledo

Berkshire Hathaway NE Prop. License #RES.0683307 Listed on: 04/01/2021

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Allison Eddy-Bavaro

Century 21 Clemens Group License #RES.0799928

Century 21 Clemens Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,760

Year Built

  • Built in 1940

Lot Details

  • 0.71 Acre Lot
  • Level Lot
  • Sprinkler System
  • Many Trees
  • Garden
  • Property is zoned R-25

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Frame Construction
  • Fiberglass Roof
  • Wood Siding

Interior Spaces

  • 3,770 Sq Ft Home
  • 2 Fireplaces
  • Mud Room
  • Entrance Foyer
  • Bonus Room
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Covered Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Radiator
  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Oil Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,760

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 3770
  • Public Record Living Room Sq Ft: 3770
  • Total Sq Ft: 3770
  • Year Built: 1940
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 7864
  • Directions: Main Street to Iron Gate Lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Fireplaces: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Walk-Out, Fully Finished
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Disposal, Washer, Dryer
  • Additional Rooms: Bonus Room, Foyer, Mud Room
  • Attic: Yes
  • Street Number Modifier: 8

Exterior Features

  • Exterior Features: Covered Deck, Garden Area, Underground Sprinkler
  • Exterior Siding: Wood
  • Foundation Type: Block
  • Roof Information: Fiberglass Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Wall Unit, Window Unit
  • Heat Type: Baseboard, Radiator
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.7100
  • Lot Description: In Subdivision, Additional Land Avail., Level Lot, Treed, Fence - Full, Professionally Landscaped
  • Zoning: R-25

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 9760
  • Total Assessed Value: 297290
  • Mil Rate Base: 32.830
  • Mil Rate Total: 32.830
  • Assessor Parcel Number: 952405

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
May 17, 2021
Sold by
Berk Bonnie and Berk Bonnie R
Bought by
Parsons Christine M
Seller's Agent
Mark Toledo
Berkshire Hathaway NE Prop.
Buyer's Agent
Allison Eddy-Bavaro
Century 21 Clemens Group
List Price
$443,375
Sold Price
$470,000
Premium/Discount to List
$26,625
6.01%
Total Days on Market
6
Current Estimated Value
$697,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,752
Avg. Annual Appreciation
8.53%
Original Mortgage
$446,500
Outstanding Balance
$407,211
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$262,067

Purchase Details

Closed on
Jun 28, 2012
Sold by
Berk Jon S
Bought by
Berk Bonnie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,500
Interest Rate
3.85%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 18, 2012
Sold by
Berk Bonnie R
Bought by
Berk Bonnie R and Berk Jon S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,500
Interest Rate
3.85%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Parsons Christine M $470,000 None Available
Parsons Christine M $470,000 None Available
Parsons Christine M $470,000 None Available
Berk Bonnie R -- --
Berk Bonnie R -- --
Berk Bonnie R -- --
Berk Bonnie R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsons Christine M $446,500
Closed Parsons Christine M $446,500
Previous Owner Berk Jon $302,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $470,000 +6.0% $125 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $443,375 -- $118 / 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 $11,598 $376,670 $99,540 $277,130
2024 $11,326 $376,670 $99,540 $277,130
2023 $11,078 $376,670 $99,540 $277,130
2022 $9,993 $299,810 $86,870 $212,940
2021 $9,909 $297,290 $86,240 $211,050
2020 $9,760 $297,290 $86,240 $211,050
2019 $9,760 $297,290 $86,240 $211,050
2018 $9,760 $297,290 $86,240 $211,050
2017 $9,778 $288,190 $82,890 $205,300
2016 $9,692 $288,190 $82,890 $205,300
2015 $9,043 $288,190 $82,890 $205,300
2014 $9,591 $288,190 $82,890 $205,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170385968

SmartMLS

APN: CROM-000044-000046-000016A