NOT LISTED FOR SALE

88 Lorraine Terrace Middletown, CT 06457

Westfield Neighborhood

Estimated Value: $334,750 - $381,000

3 Beds
1 Bath
996 Sq Ft
$358/Sq Ft Est. Value

Last Sold June 15, 2016

Last sale price $206,500 $207 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,388/month

55 Days on Market

Highlights

  • Deck
  • Attic
  • No HOA
  • Ranch Style House
  • 1 Fireplace
  • 1 Car Attached Garage

About This Home

As of June 2016

Special home located on private lot backing up to a 281 acre conservation area. One floor living at it's best with many updates including eat in kitchen with granite counters, roof, siding, solar heat (solar panels are owned not leased), central air and more. Enjoy the gleaming hardwood floors, fire placed living room with wood stove, tray ceiling and recessed lighting. Attn to detail with crown molding throughout. Put the finishing touches and add additional square feet to the basement area and enjoy the private/fenced back yard with deck and fire pit. Many acres of hiking abuts the back yard area. Not much to do her but move in, relax and enjoy.

Last Agent to Sell the Property

Michael Barnes

Coldwell Banker Realty License #RES.0753875 Listed on: 03/11/2016

Coldwell Banker Realty

Last Buyer's Agent

Richard Tirado

New England Realty Assoc LLC License #RES.0790695

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,438

Year Built

  • Built in 1961

Lot Details

  • 0.77 Acre Lot
  • Many Trees
  • Garden

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 996 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Storage In Attic
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

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

Schools

  • Pboe Elementary And Middle School
  • Middletown High School

Utilities

  • Central Air
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Heating system powered by active solar
  • Deck

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,438

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Total Sq Ft: 996
  • Year Built: 1961
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Ballfall to Lorraine Terrace.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Storage Space
  • Basement Description: Unfinished
  • Interior Amenities: Cable - Available, Auto Garage Door Opener
  • Appliances: Dryer, Microwave, Oven/Range, Refrigerator, Washer
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck, Garden Area
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1
  • Driveway Type: Asphalt

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: PBOE

Green Features

  • Energy Features: Active Solar

Lot Info

  • Acres: 0.7700
  • Lot Description: Treed, Fence - Partial

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 4438
  • Assessor Parcel Number: 1014592

MLS Schools

  • Elementary School: PBOE
  • Middle Jr High School: PBOE
  • High School: Middletown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2016
Closed on
Jun 16, 2016
Sold by
Carlo Carlino
Bought by
Ives Juliet and Moreau Raymond
Seller's Agent
Michael Barnes
Coldwell Banker Realty
Buyer's Agent
Richard Tirado
New England Realty Assoc LLC
List Price
$214,900
Sold Price
$206,500
Premium/Discount to List
-$8,400
-3.91%
Current Estimated Value
$356,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,938
Avg. Annual Appreciation
5.93%
Original Mortgage
$196,175
Outstanding Balance
$155,556
Interest Rate
3.54%
Estimated Equity
$200,882

Purchase Details

Closed on
Nov 23, 2009
Sold by
Beneficial Mortgage Co
Bought by
Carlino Carlo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,112
Interest Rate
4.86%

Purchase Details

Closed on
Sep 18, 2009
Sold by
Mcnaughton Scott
Bought by
Beneficial Mfg Co

Purchase Details

Closed on
Dec 19, 2002
Sold by
Tasak Walentyna H
Bought by
Mcmaughton Scott and Mcmaughton Melissa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ives Juliet -- --
Carlino Carlo $201,850 --
Beneficial Mfg Co -- --
Mcmaughton Scott $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmaughton Scott $196,175
Closed Mcmaughton Scott --
Previous Owner Mcmaughton Scott $195,112
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2016 06/15/16 Sold $206,500 -3.9% $207 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
03/11/2016 03/11/16 For Sale $214,900 -- $216 / 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 $6,156 $182,730 $70,810 $111,920
2024 $5,836 $182,730 $70,810 $111,920
2023 $5,490 $182,730 $70,810 $111,920
2022 $5,016 $133,700 $47,210 $86,490
2021 $5,004 $133,700 $47,210 $86,490
2020 $5,011 $133,700 $47,210 $86,490
2019 $5,038 $133,700 $47,210 $86,490
2018 $4,859 $133,700 $47,210 $86,490
2017 $4,826 $136,130 $52,610 $83,520
2016 $4,732 $136,130 $52,610 $83,520
2015 $4,631 $136,130 $52,610 $83,520
2014 $4,632 $136,130 $52,610 $83,520
Source: Public Records

Agents Affiliated with this Home

  • Michael Barnes

    Seller's Agent in 2016

    Michael Barnes

    Coldwell Banker Realty

    (860) 250-8575

    48 Total Sales

    Michael Barnes
    Section Image
  • Richard Tirado

    Buyer's Agent in 2016

    Richard Tirado

    New England Realty Assoc LLC

    (203) 715-1676

    4 in this area

    101 Total Sales

    Richard Tirado
    Section Image
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Map

Source: SmartMLS

MLS Number: G10115981

SmartMLS

APN: MTWN-000008-000000-000337

Connecticut Middlesex County Middletown 06457 Westfield

88 Lorraine Terrace, Middletown, CT

Not Listed for Sale

Detached

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