NOT LISTED FOR SALE

8 Palestine Rd Newtown, CT 06470

Estimated Value: $988,452 - $1,197,000

4 Beds
4 Baths
5,312 Sq Ft
$203/Sq Ft Est. Value

Last Sold January 15, 2015

Last sale price $450,000 $85 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $6,925/month

302 Days on Market

Highlights

  • Central Air
  • Lot Has A Rolling Slope
  • Wood Siding
  • Head O'Meadow Elementary School Rated A

About This Home

As of January 2015

Architectural romance & formal gardens adorn this sprawling ranch, set atop a quaint new england hillside. Features new kitchen, on demand generator! All new high efficiency mechanicals, potting & gardening shed. New ll bathroom, laundry room & mud room.
Architectural romance, and formal gardens adorn this sprawling ranch, set atop a quaint new england hillside. Absolutely stunning inside & out, sunlight finds its way into every inch of this beautiful home. Warm beams of light take hold of you, personally welcoming you into each room. An organic, flowing floor plan takes you effortlessly from one elegant room to the next, w/extensive moldings & unsurpassed details gracing the spacious living areas. The magnificent master suite w/radiant heat - decedent, yet tasteful moldings & timeless design with a spa like master bath adorned w/marble floors, whirlpool tub & rain shower -provoke a sense of peace & tranquility. Office or finished lower level with bathroom, perfect for fourth bedroom. A thoughtful home in every sense, truly a unique opportunity.

Last Agent to Sell the Property

Connie Widmann

William Raveis Real Estate License #RES.0767271 Listed on: 02/11/2014

William Raveis Real Estate

Last Buyer's Agent

Connie Widmann

William Raveis Real Estate License #RES.0767271 Listed on: 02/11/2014

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,937

Year Built

  • 1986

Lot Details

  • 3.6

Parking

  • Gravel Driveway

Home Design

  • Wood Siding

Schools

  • Pboe Elementary School

Utilities

  • Central Air
  • Radiant Heating System
  • Private Company Owned Well

Additional Features

  • Laundry on lower level
  • Lot Has A Rolling Slope

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,937

Year Built

1986

Lot Details

0

Listing Details

  • Neighborhood: Newtown (156)
  • Sq Ft Includes Below Grade Area: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Laundry Room Info: Lower Level
  • Attic Type: Pulldown Stairs
  • Basement Type: Full Basement
  • Fireplaces: 1
  • Interior Amenities: Cable - Available, Generator

Exterior Features

  • Exterior Siding: Wood

Garage/Parking

  • Driveway Type: Gravel
  • Garages: 2

Utilities

  • Cooling System: Central Air
  • Heat Type: Radiant, Warm Air
  • Water Source: Private Well
  • Sewer: Septic
  • Fuel Tank Description: Above Ground Tank
  • Fuel Type: Oil
  • Hot Water Fuel: Oil
  • Water Sewer Lien: Neither

Schools

  • High School: Newtown

Lot Info

  • Lot Description: Level Topography, Professionally Landscaped, Rear/Flag Lot, Rolling
  • Mill Rate: 33.3100
  • Zoning Code: R-3
  • Assessment: 378500

Tax Info

  • Tax Year: 7/14-6/15

MLS Schools

  • Elementary School: Pboe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2014
Closed on
Jan 15, 2015
Sold by
Ball Daniel L and Ball Kimberly Y
Bought by
Gaeta Ronlad B
Seller's Agent
Connie Widmann
William Raveis Real Estate
Buyer's Agent
Connie Widmann
William Raveis Real Estate
List Price
$699,000
Sold Price
$450,000
Premium/Discount to List
-$249,000
-35.62%
Current Estimated Value
$1,078,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$628,613
Avg. Annual Appreciation
8.36%

Purchase Details

Closed on
Mar 26, 2013
Sold by
Ball Daniel L and Ball Kimberly Y
Bought by
Klanica David A and Klanica Mary J

Purchase Details

Closed on
Aug 19, 2011
Sold by
Cumming Patricia A
Bought by
Ball Daniel L and Ball Kimberly Y

Purchase Details

Closed on
Aug 1, 2002
Sold by
Johnson Simon and Johnson Kimberly
Bought by
Miller Patricia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Gaeta Ronlad B $650,000 --
Gaeta Ronlad B $650,000 --
Klanica David A $10,600 --
Klanica David A $10,600 --
Ball Daniel L $635,000 --
Ball Daniel L $635,000 --
Miller Patricia $8,000 --
Miller Patricia $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Patricia $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2015 01/15/15 Sold $450,000 -35.6% $85 / Sq Ft
12/10/2014 12/10/14 Pending -- -- --
02/11/2014 02/11/14 For Sale $699,000 -- $132 / 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 $14,937 $519,730 $151,090 $368,640
2024 $14,017 $519,730 $151,090 $368,640
2023 $13,638 $519,730 $151,090 $368,640
2022 $12,576 $362,730 $104,320 $258,410
2021 $12,569 $362,730 $104,320 $258,410
2020 $12,608 $362,730 $104,320 $258,410
2019 $12,612 $362,730 $104,320 $258,410
2018 $12,420 $362,730 $104,320 $258,410
2017 $12,649 $373,470 $118,520 $254,950
2016 $12,549 $373,470 $118,520 $254,950
2015 $12,603 $381,090 $118,520 $262,570
2014 $12,694 $381,090 $118,520 $262,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: F988457

SmartMLS

APN: NEWT-000014-000007-000016-000001