NOT LISTED FOR SALE

874 Gibson Hill Rd Sterling, CT 06377

Estimated Value: $65,569 - $68,000

3.11 Acres
$21,497 Price per Acre
135,472 Sq Ft Lot

Last Sold February 21, 2017

Last sale price $32,500 $41 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $432/month

374 Days on Market

About This Lot

As of February 2017

Private parcel on a country road very close to the RI & Ct line. Seller will consider giving financing or trades. Save on bank fees and appraisal costs. Financing might be just the solution you've been looking for. There's more than one way to buy a parcel of land. Just because your financial situation is a little more complex than traditional lenders prefer the seller may have a solution.

Last Agent to Sell the Property

Gene Larrow

Larrow's Real Estate License #REB.0387129 Listed on: 10/19/2015

Last Buyer's Agent

Gene Larrow

Larrow's Real Estate License #REB.0387129 Listed on: 10/19/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $943

Lot Details

  • 3.11 Acre Lot

Schools

  • Plainfield High School

Utilities

  • Heating System Uses Oil Above Ground
  • Well Required

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$943

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Property Sub Type: Residential Land
  • Easements Right Of Way: To old cemetery
  • Direct Waterfront: No
  • Encumbrances Restrictions: Conservation Restrictions, Easements
  • Directions: Rt 6 to Margaret Henry left on Sawmill right on Gibson Hill land on left
  • Special Features: None

Interior Features

  • Street Number Modifier: 874

Exterior Features

  • Road Frontage Description: Paved Road, Municipal Street
  • Road Frontage Approximate: 25

Utilities

  • Fuel Tank Location: Above Ground
  • Water Source: Well Required
  • Utilities Available: Electric
  • Septic Approval: No
  • Septic Plan Available: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Plainfield

Lot Info

  • Acres: 3.1100
  • Lot Description: Rear Lot, Fence - Stone
  • Development Status: Approved Lot, Site Plan Recorded
  • Potential Land Uses: Single Family
  • Subdividable Ynu: No
  • Zoning: Residential

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 943
  • Total Assessed Value: 29950
  • Mil Rate Total: 31.500
  • Assessor Parcel Number: 1717557

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Plainfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2015
Closed on
Feb 22, 2017
Sold by
Corner Properties Inc
Bought by
Cook Kim L
Seller's Agent
Gene Larrow
Larrow's Real Estate
Buyer's Agent
Gene Larrow
Larrow's Real Estate
List Price
$34,900
Sold Price
$32,500
Premium/Discount to List
-$2,400
-6.88%
Current Estimated Value
$64,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,621
Avg. Annual Appreciation
7.84%
Original Mortgage
$52,500
Outstanding Balance
$43,684
Interest Rate
4.12%
Mortgage Type
Unknown
Estimated Equity
$17,891

Purchase Details

Closed on
Aug 7, 2013
Sold by
Corner Properties Inc
Bought by
Sterling Town Of
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cook Kim L -- --
Cook Kim L -- --
Sterling Town Of -- --
Sterling Town Of -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sterling Town Of $52,500
Closed Sterling Town Of $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2017 02/21/17 Sold $32,500 -6.9% $41 / Sq Ft
10/27/2016 10/27/16 Pending -- -- --
10/19/2015 10/19/15 For Sale $34,900 -- $44 / 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 $968 $44,000 $44,000 $0
2024 $1,041 $44,000 $44,000 $0
2023 $978 $44,000 $44,000 $0
2022 $744 $23,300 $23,300 $0
2021 $744 $23,300 $23,300 $0
2020 $744 $23,300 $23,300 $0
2019 $744 $23,300 $23,300 $0
2018 $741 $23,300 $23,300 $0
2017 $952 $29,950 $29,950 $0
2016 -- $29,950 $29,950 $0
2015 -- $29,950 $29,950 $0
2014 -- $29,950 $29,950 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: E10088808

SmartMLS

APN: STER-003276-000006-000011