$58,000
SOLD MAR 12, 2018
0.92 Acre
$63,043 Price per Acre
40,075 Sq Ft Lot

Recently Sold

15% Below List Price

8 Days on Market

Highlights

  • Beach Front
  • Public Water Access
  • Level Lot
  • Hawley Elementary School Rated A
  • Many Trees

About This Lot

As of June 2019

Build your new dream home in the desirable Shady Rest community. Enjoy what this water community has to offer, beach,boat launch, playground and pavilion. Yearly association dues are $ 120-. This lot is on .92 acre with an R-1 zone. A variance has been approved for required acreage. Paperwork and maps available.

Last Agent to Sell the Property

CATHERINE A FRACKER

Coldwell Banker Realty License #RES.0765202 Listed on: 02/12/2018

Coldwell Banker Realty

Last Buyer's Agent

Gary Gilroy

Alpine Realty License #REB.0754500

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,442

Lot Details

  • 0.92 Acre Lot
  • Beach Front
  • River Front
  • Level Lot
  • Many Trees

Utilities

  • Private Company Owned Well
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include lake/beach access
  • Shady Rest Subdivision

Recreation

  • Public Water Access
  • Walking Distance to Water

Property Details

Property Type

Land

Est. Annual Taxes

$2,442

Lot Details

0

Listing Details

  • Neighborhood: Sandy Hook
  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Nearby Amenities: Lake, Playground/Tot Lot
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: Church Hill Rd to Walnut Tree Hill Rd to Shepaug Rd left onto Shady Rest Blvd.
  • Special Features: None

Interior Features

  • Street Number Modifier: 8

Exterior Features

  • Waterfront Description: River, Water Community, Beach, Walk to Water
  • Road Frontage Description: Paved Road
  • Road Frontage Approximate: 200

Utilities

  • Water Source: Private Well
  • Sewer: Septic
  • Utilities Available: Electric Available, Phone Available, Cable Available
  • Septic Approval: Yes
  • Septic Plan Available: Yes

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access
  • HOA Fees: 120
  • HOA: Yes

Schools

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

Lot Info

  • Acres: 0.9200
  • Lot Description: Level Lot, Treed
  • Flood Zone: No
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: R-1

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 2442
  • Total Assessed Value: 72090
  • Mil Rate Base: 33.600
  • Mil Rate Total: 33.870
  • Assessor Parcel Number: 209189

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2018
Closed on
Jun 26, 2019
Sold by
8 Shady Rest Blvd Llc
Bought by
King Rekha and Burns Shawn
Seller's Agent
Gary Gilroy
Alpine Realty
Buyer's Agent
Lindsay Gaudioso
Real Broker CT, LLC
List Price
$429,900
Sold Price
$410,900
Premium/Discount to List
-$19,000
-4.42%
Current Estimated Value
$662,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,277
Avg. Annual Appreciation
8.17%
Original Mortgage
$369,810
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 12, 2018
Closed on
Mar 14, 2018
Sold by
Panda Raymond K
Bought by
8 Shady Rest Blvd Llc
Seller's Agent
CATHERINE A FRACKER
Coldwell Banker Realty
Buyer's Agent
Gary Gilroy
Alpine Realty
List Price
$68,000
Sold Price
$58,000
Premium/Discount to List
-$10,000
-14.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
356.20%
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 Type Sale Price Title Company
Warranty Deed $410,900 --
Warranty Deed $410,900 --
Warranty Deed $58,000 --
Warranty Deed $58,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $362,000 Balloon
Closed $369,810 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2019 06/26/19 Sold $410,900 -2.1% $179 / Sq Ft
04/02/2019 04/02/19 Price Changed $419,900 -2.3% $183 / Sq Ft
10/27/2018 10/27/18 For Sale $429,900 +641.2% $187 / Sq Ft
03/12/2018 03/12/18 Sold $58,000 -14.7% --
02/20/2018 02/20/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $68,000 -- --
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 $10,821 $376,530 $55,340 $321,190
2024 $10,155 $376,530 $55,340 $321,190
2023 $9,880 $376,530 $55,340 $321,190
2022 $9,217 $265,850 $54,070 $211,780
2021 $9,212 $265,850 $54,070 $211,780
2020 $9,241 $265,850 $54,070 $211,780
2019 $5,365 $154,300 $54,070 $100,230
2018 $1,851 $54,070 $54,070 $0
2017 $2,442 $72,090 $72,090 $0
2016 $2,422 $72,090 $72,090 $0
2015 $2,384 $72,090 $72,090 $0
2014 $2,401 $72,090 $72,090 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170051877

SmartMLS

APN: NEWT-000042-000007-000005