NOT LISTED FOR SALE

86 Silver Island Way Berlin, CT 06037

Estimated Value: $433,000 - $487,000

2 Beds
2.5 Baths
1,500 Sq Ft
$200/mo HOA Fee

Last Sold May 26, 2016

Last sale price $268,500 $179 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,199/month

80 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Attic
  • Berlin High School Rated A-
  • Ranch Style House
  • 1 Fireplace

About This Home

As of May 2016

You do NOT have to be over 55 to purchase this gorgeous, better than new detached condo/home in Silver Island Estates. Built in 2012 this is a one of a kind unit! Main floor Master suite, a second master suite on the upper level and a 380 sq ft finished room in lower level to be used as a Guest Room, Family Room, Music or Art Studio. Large 2 car garage and seasonal views of the beautiful Silver Lake. Hardwood floors, open concept living, open spacious kitchen and so much more! Do you want low maintenance living but like having a "house"...then this is IT!!!

Last Agent to Sell the Property

Erin O'Connor Mancino

Century 21 AllPoints Realty License #RES.0757916 Listed on: 01/20/2016

Century 21 AllPoints Realty

Last Buyer's Agent

Steve Wollman

Wollman Realty License #REB.0759100

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,812

Year Built

  • Built in 2012

Lot Details

  • End Unit

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Ridge Vents on the Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Storage In Attic
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Partially Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Rain Gutters

Schools

  • Pboe Elementary School
  • Berlin High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

Overview

  • Association fees include grounds maintenance, insurance, snow removal
  • 20 Units
  • Silver Island Estate Community
  • Property managed by Off site

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,812

Year Built

Built in 2012

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Total Sq Ft: 1500
  • Year Built: 2012
  • Nearby Amenities: Lake
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: N Colony to Silver Island Way
  • Special Features: None

Interior Features

  • Room Count: 9
  • Total Bedrooms: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Storage Space
  • Basement Description: Full With Walk-Out, Heated, Partially Finished, Walk-out
  • Interior Amenities: Auto Garage Door Opener, Open Floor Plan, Cable - Pre-wired
  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range, Refrigerator
  • Additional Rooms: Laundry Room
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 86

Exterior Features

  • Exterior Features: Deck, Gutters, Sidewalk
  • Exterior Siding: Stone, Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Asphalt
  • Total Parking Spaces: 2

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Insurance, Snow Removal
  • Complex Name: Silver Island Estate
  • Levels In Unit: 2
  • HOA Fees: 200
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Off site
  • Property Mgt Phone: 860-555-1212

Schools

  • Elementary School: PBOE
  • High School: Berlin

Green Features

  • Energy Features: Thermopane Windows, Ridge Vents

Lot Info

  • Flood Zone: No

Rental Info

  • Pets Allowed Info: yes
  • Lease Purchase: No
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 5812
  • Total Assessed Value: 191500
  • Mil Rate Total: 30.350
  • Assessor Parcel Number: 2513356

Multi Family

  • Total Num Of Units: 20

MLS Schools

  • Elementary School: PBOE
  • High School: Berlin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2016
Closed on
May 27, 2016
Sold by
Gilliam Michael S and Gilliam Karen M
Bought by
Bacon Harold J and Bacon Doreen J
Seller's Agent
Erin O'Connor Mancino
Century 21 AllPoints Realty
Buyer's Agent
Steve Wollman
Wollman Realty
List Price
$279,500
Sold Price
$268,500
Premium/Discount to List
-$11,000
-3.94%
Current Estimated Value
$450,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,328
Avg. Annual Appreciation
5.69%
Original Mortgage
$153,500
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 20, 2011
Closed on
Feb 22, 2012
Sold by
Lovley Dev Inc
Bought by
Gilliam Michael S and Gilliam Karen M
Seller's Agent
Donald Sagarino
Coldwell Banker Realty
Buyer's Agent
Erin O'Connor Mancino
Century 21 AllPoints Realty
List Price
$329,000
Sold Price
$303,000
Premium/Discount to List
-$26,000
-7.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.80%
Original Mortgage
$270,900
Interest Rate
3.89%

Purchase Details

Closed on
Nov 22, 2011
Sold by
Silver Island Homes Ll
Bought by
Lovely Dev Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4%
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
Bacon Harold J $268,500 --
Bacon Harold J $268,500 --
Gilliam Michael S $303,000 --
Gilliam Michael S $303,000 --
Lovely Dev Inc $105,000 --
Lovely Dev Inc $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bacon Harold J $150,250
Closed Bacon Harold J $153,500
Previous Owner Lovely Dev Inc $270,900
Previous Owner Lovely Dev Inc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2016 05/26/16 Sold $268,500 -3.9% $179 / Sq Ft
04/09/2016 04/09/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $279,500 -7.8% $186 / Sq Ft
02/22/2012 02/22/12 Sold $303,000 -7.9% $202 / Sq Ft
10/20/2011 10/20/11 Pending -- -- --
10/20/2011 10/20/11 For Sale $329,000 -- $219 / 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 $6,559 $214,000 $0 $214,000
2024 $6,465 $214,000 $0 $214,000
2023 $6,326 $214,000 $0 $214,000
2022 $6,680 $194,700 $0 $194,700
2021 $6,423 $189,300 $0 $189,300
2020 $6,423 $189,300 $0 $189,300
2019 $6,423 $189,300 $0 $189,300
2018 $6,152 $189,300 $0 $189,300
2017 $6,053 $191,500 $0 $191,500
2016 $5,900 $191,500 $0 $191,500
2015 $5,812 $191,500 $0 $191,500
2014 $5,538 $191,500 $0 $191,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: G10104457

SmartMLS

APN: BERL-000273-000120-000065-000005