NOT LISTED FOR SALE

88 Route 7 N Falls Village, CT 06031

Estimated Value: $575,000 - $738,000

3 Beds
2 Baths
1,586 Sq Ft
$428/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $595,000 $375 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,340/month

19 Days on Market

Highlights

  • Secluded Lot
  • Attic
  • No HOA
  • Antique Architecture
  • 2 Fireplaces
  • 2 Car Attached Garage

About This Home

As of August 2022

Charming country cottage situated on 1.34 level acres. Originally built in 1800, this lovely 3 bedroom, 2 bath house has been thoughtfully renovated, manifesting a rustic country feel with 2 fireplaces, and wood beams and wood floors throughout. The front door opens into a cozy living room with gas fireplace and vaulted beam ceiling. Primary bedroom and bathroom are located off to the left. Kitchen and sitting area with gas fireplace, and spacious dining area are just beyond the living room. Second bedroom and bathroom located behind the kitchen/sitting room. Third bedroom with beams and wood floors upstairs. Laundry room and 2 car garage. Minutes to Falls Village for casual and fine dining or simply enjoying the Great Falls. A short drive to either Canaan or Salisbury for shopping and other local treasures.

Last Agent to Sell the Property

Diana Bisselle

William Pitt Sotheby's Int'l License #RES.0799072 Listed on: 05/18/2022

William Pitt Sotheby's Int'l

Last Buyer's Agent

Diana Bisselle

William Pitt Sotheby's Int'l License #RES.0799072 Listed on: 05/18/2022

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,426

Year Built

  • Built in 1800

Lot Details

  • 1.34 Acre Lot
  • Secluded Lot
  • Cleared Lot

Home Design

  • Antique Architecture
  • Cottage
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,586 Sq Ft Home
  • Ceiling Fan
  • 2 Fireplaces
  • Concrete Flooring
  • Unfinished Basement
  • Interior Basement Entry
  • Pull Down Stairs to Attic

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Location

  • Property is near a golf course

Schools

  • Housatonic High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Private Company Owned Well
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,426

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Neighborhood: Falls Village
  • Property Type: Single Family For Sale
  • Style: Antique, Cottage
  • Sq Ft Est Heated Above Grade: 1586
  • Public Record Living Room Sq Ft: 1586
  • Total Sq Ft: 1586
  • Year Built: 1800
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Private School(s)
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2818
  • Tax Year Updated Dt: 07/13/2022
  • Directions: Route 7 North, second driveway after the Lakeville Journal building on the right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 2
  • Attic Description: Pull-Down Stairs
  • Basement Description: Unfinished, Concrete Floor, Interior Access
  • Appliances: Gas Range, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Laundry Room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 88

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Gravel

Utilities

  • Cooling System: Ceiling Fans, Window Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 1.3400
  • Lot Description: Cleared, Secluded
  • Zoning: RES

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4426
  • Total Assessed Value: 172200
  • Mil Rate Base: 25.700
  • Mil Rate Total: 25.700
  • Assessor Parcel Number: 801859

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Aug 1, 2022
Sold by
Warner Linda
Bought by
Erlich Matthew D and Witty Kristin J
Seller's Agent
Diana Bisselle
William Pitt Sotheby's Int'l
Buyer's Agent
Diana Bisselle
William Pitt Sotheby's Int'l
List Price
$595,000
Sold Price
$595,000
Current Estimated Value
$679,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,195
Avg. Annual Appreciation
5.60%
Original Mortgage
$446,250
Outstanding Balance
$428,635
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$276,640

Purchase Details

Listed on
Apr 17, 2014
Closed on
Aug 11, 2014
Sold by
Us Bank Na Tr
Bought by
Warner Linda
Seller's Agent
Lisa McCarthy
Coldwell Banker Realty
Buyer's Agent
Lisa McCarthy
Coldwell Banker Realty
List Price
$99,900
Sold Price
$90,000
Premium/Discount to List
-$9,900
-9.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.67%

Purchase Details

Listed on
Apr 17, 2014
Closed on
Aug 6, 2014
Sold by
Jp Morgan Chase Bank N
Bought by
Us Bank Na Tr
Seller's Agent
Lisa McCarthy
Coldwell Banker Realty
Buyer's Agent
Lisa McCarthy
Coldwell Banker Realty
List Price
$99,900
Sold Price
$90,000
Premium/Discount to List
-$9,900
-9.91%

Purchase Details

Closed on
Dec 24, 2013
Sold by
Zovickian Marilyn J
Bought by
Jp Morgan Chase Bank N

Purchase Details

Closed on
Oct 7, 2008
Sold by
Simmons George E
Bought by
Zovickian Marilyn J

Purchase Details

Closed on
Aug 1, 2001
Sold by
Buck Ruth M
Bought by
Simmons George E and Zovickian Marilyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,627
Interest Rate
7.14%
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
Erlich Matthew D $595,000 None Available
Warner Linda $90,000 --
Us Bank Na Tr -- --
Jp Morgan Chase Bank N -- --
Zovickian Marilyn J $40,000 --
Simmons George E $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erlich Matthew D $446,250
Previous Owner Simmons George E $50,000
Previous Owner Simmons George E $173,600
Previous Owner Simmons George E $173,627
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold $595,000 0.0% $375 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $595,000 +561.1% $375 / Sq Ft
08/08/2014 08/08/14 Sold $90,000 -9.9% $47 / Sq Ft
07/22/2014 07/22/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $99,900 -- $52 / 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 $8,013 $357,100 $69,700 $287,400
2024 $7,856 $357,100 $69,700 $287,400
2023 $7,499 $357,100 $69,700 $287,400
2022 $4,426 $172,200 $63,800 $108,400
2021 $4,426 $172,200 $63,800 $108,400
2020 $4,426 $172,200 $63,800 $108,400
2019 $4,236 $172,200 $63,800 $108,400
2018 $4,116 $172,200 $63,800 $108,400
2017 $4,246 $170,200 $63,800 $106,400
2016 $3,955 $164,800 $63,800 $101,000
2015 $2,705 $115,100 $63,800 $51,300
2014 $3,977 $174,800 $63,800 $111,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170491748

SmartMLS

APN: CANA-000017-000000-000046