$60,000
SOLD FEB 26, 2021

86 Summit Rd Prospect, CT 06712

1.08 Acres
$55,556 Price per Acre
47,045 Sq Ft Lot

Recently Sold

13% Below List Price

10 Days on Market

About This Lot

As of May 2022

Build your dream home in desirable Prospect! 1+ acre lovely, lightly wooded lot! Priced below market value. Approved septic design available.

Last Agent to Sell the Property

Wilson Lamas

Realty Group of New England, LLC License #REB.0755566 Listed on: 11/20/2020

Last Buyer's Agent

Connie Pereira

RE/MAX RISE License #RES.0752056

RE/MAX RISE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,154

Lot Details

  • 1.08 Acre Lot
  • Partially Wooded Lot
  • Property is zoned RA-1

Schools

  • Prospect Elementary School
  • Woodland Regional High School

Utilities

  • Well Required

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$2,154

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: Summit Rd
  • Special Features: None

Interior Features

  • Street Number Modifier: 86

Exterior Features

  • Road Frontage Description: Municipal Street
  • Road Frontage Approximate: 218

Utilities

  • Water Source: Well Required
  • Sewer: Septic Required
  • Utilities Available: Electric Available
  • Septic Approval: Yes
  • Septic Plan Available: Yes

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Prospect
  • High School: Woodland Regional

Lot Info

  • Acres: 1.0800
  • Lot Description: Lightly Wooded
  • Lot Improvements: Approved Building Lot
  • Lots Number Of: 1
  • Zoning: RA-1

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 2154
  • Total Assessed Value: 68180
  • Mil Rate Base: 31.600
  • Mil Rate Total: 31.600
  • Assessor Parcel Number: 1316597

MLS Schools

  • Elementary School: Prospect
  • High School: Woodland Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2022
Closed on
May 20, 2022
Sold by
Afp & Sons Const Co Llc
Bought by
Presser Gabor
Seller's Agent
Connie Pereira
RE/MAX RISE
Buyer's Agent
Carly Luciér
Our Home Realty Advisors
List Price
$489,975
Sold Price
$510,000
Premium/Discount to List
$20,025
4.09%
Current Estimated Value
$669,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,221
Avg. Annual Appreciation
5.99%
Original Mortgage
$389,193
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 20, 2020
Closed on
Feb 16, 2021
Sold by
York Wendell E and York Yevette C
Bought by
Afp & Sons Const Co Llc
Seller's Agent
Wilson Lamas
Realty Group of New England, LLC
Buyer's Agent
Connie Pereira
RE/MAX RISE
List Price
$68,900
Sold Price
$60,000
Premium/Discount to List
-$8,900
-12.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
469.67%
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 $510,000 None Available
Warranty Deed $60,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $494,000 Stand Alone Refi Refinance Of Original Loan
Closed $478,733 FHA
Closed $389,193 FHA
Previous Owner $312,000 Construction
Previous Owner $60,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $510,000 +4.1% $163 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $489,975 +716.6% $157 / Sq Ft
02/26/2021 02/26/21 Sold $60,000 -12.9% --
11/30/2020 11/30/20 Pending -- -- --
11/20/2020 11/20/20 For Sale $68,900 -- --
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 $10,007 $391,370 $84,980 $306,390
2024 $9,630 $299,640 $84,920 $214,720
2023 $9,565 $299,640 $84,920 $214,720
2022 $3,346 $104,720 $80,740 $23,980
2021 $2,202 $68,180 $68,180 $0
2020 $2,154 $68,180 $68,180 $0
2019 $2,110 $68,180 $68,180 $0
2018 $2,114 $68,180 $68,180 $0
2017 $2,131 $68,180 $68,180 $0
2016 $2,039 $68,180 $68,180 $0
2015 $1,993 $68,180 $68,180 $0
2014 $1,976 $68,180 $68,180 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170356576

SmartMLS

APN: PROS-000113-000148-000086