NOT LISTED FOR SALE

8 Shady Ln Cromwell, CT 06416

Estimated Value: $947,000 - $1,150,296

4 Beds
3.5 Baths
5,000 Sq Ft
$206/Sq Ft Est. Value

Last Sold December 18, 2022

Last sale price $900,000 $180 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,769/month

17 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • 1 Fireplace
  • Cromwell High School Rated 9+
  • Colonial Architecture
  • No HOA

About This Home

As of December 2022

Stunning property on desirable Cul-de-Sac. Recently expanded and fully renovated. Move in condition with all the modern updates. This modern colonial boasts an open floor plan, stainless steel appliances, high ceilings, and more. 4 bedrooms upstairs including a primary en suite, along with a finished bonus room. Finished basement with full bath. All you can ask for and more!

Last Agent to Sell the Property

Mihaela Kolich

William Raveis Real Estate License #RES.0783504 Listed on: 09/22/2022

William Raveis Real Estate

Last Buyer's Agent

Lauren Freedman

Coldwell Banker Realty License #REB.0792452

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,610

Year Built

  • Built in 2017

Lot Details

  • 0.45 Acre Lot
  • Cul-De-Sac
  • Property is zoned R-25

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Fiberglass Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Driveway

Pool

  • In Ground Pool

Schools

  • Edna C. Stevens Elementary School
  • Cromwell High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Propane Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,610

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 4000
  • Public Record Living Room Sq Ft: 2408
  • Sq Ft Est Heated Below Grade: 1000
  • Total Sq Ft: 5000
  • Year Built: 2017
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4779
  • Directions: Washington Rd to Congress Dr to Shady Ln
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full With Walk-Out, Fully Finished
  • Interior Amenities: Open Floor Plan
  • Appliances: Gas Cooktop, Oven/Range, Microwave, Refrigerator, Dishwasher, Disposal
  • Attic: No
  • Street Number Modifier: 8

Exterior Features

  • Exterior Siding: Vinyl Siding, Stone
  • Foundation Type: Concrete
  • Roof Information: Fiberglass Shingle
  • Swimming Pool: Yes
  • Pool: In Ground Pool
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Paved, Asphalt

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Edna C. Stevens
  • High School: Cromwell

Lot Info

  • Acres: 0.4500
  • Lot Description: On Cul-De-Sac
  • Zoning: R-25

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 11610
  • Total Assessed Value: 348320
  • Mil Rate Base: 33.330
  • Mil Rate Total: 33.330
  • Assessor Parcel Number: 2643778

MLS Schools

  • Elementary School: Edna C. Stevens
  • High School: Cromwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2022
Closed on
Dec 16, 2022
Sold by
Soboh Refaat and Alsibal Dana
Bought by
Patel Sohil and Patel Reshma
Seller's Agent
Mihaela Kolich
William Raveis Real Estate
Buyer's Agent
Lauren Freedman
Coldwell Banker Realty
List Price
$1,250,000
Sold Price
$900,000
Premium/Discount to List
-$350,000
-28%
Views
17
Current Estimated Value
$1,027,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,824
Avg. Annual Appreciation
4.09%
Original Mortgage
$765,000
Outstanding Balance
$744,317
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$261,259

Purchase Details

Closed on
Oct 30, 2017
Sold by
Hagel John
Bought by
Soboh Refaat and Alsibai Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2016
Sold by
Shady Lane Farm Llc
Bought by
Hagel John H
Source: Public Records

Range of Values:

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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
Patel Sohil $900,000 None Available
Patel Sohil $900,000 None Available
Patel Sohil $900,000 None Available
Soboh Refaat $611,000 --
Hagel John H $160,000 --
Soboh Refaat $611,000 --
Hagel John H $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Sohil $765,000
Closed Patel Sohil $765,000
Previous Owner Hagel John H $424,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2022 12/18/22 Sold $900,000 -10.0% $180 / Sq Ft
10/09/2022 10/09/22 Pending -- -- --
10/01/2022 10/01/22 Price Changed $999,555 -20.0% $200 / Sq Ft
09/22/2022 09/22/22 For Sale $1,250,000 -- $250 / 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 $16,096 $522,760 $146,370 $376,390
2024 $15,719 $522,760 $146,370 $376,390
2023 $15,263 $518,980 $146,370 $372,610
2022 $11,610 $348,320 $110,390 $237,930
2021 $11,610 $348,320 $110,390 $237,930
2020 $11,435 $348,320 $110,390 $237,930
2019 $11,435 $348,320 $110,390 $237,930
2018 $11,481 $349,720 $110,390 $239,330
2017 $3,724 $109,750 $102,750 $7,000
2016 $3,455 $102,750 $102,750 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170525354

SmartMLS

APN: CROM-000033-000020-000067