NOT LISTED FOR SALE

93 Silver Island Way Berlin, CT 06037

Estimated Value: $548,743 - $645,000

2 Beds
2.5 Baths
2,037 Sq Ft
$286/Sq Ft Est. Value

Last Sold January 18, 2019

Last sale price $336,000 $165 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,030/month

21 Days on Market

Highlights

  • Lake Front
  • Deck
  • Attic
  • Active Adult
  • Partially Wooded Lot
  • 1 Fireplace

About This Home

As of January 2019

Welcome to Silver Island Way, a planned unit development tucked away from the hustle& bustle yet minutes to major highways&cities. Located on picturesque grounds surrounded by mature New England trees abutting SILVER LAKE with its spectacular 146 acres of natural beauty,this Adult Community was built in 2011 and has a total of 24 home sites. This home has been lovingly maintained by the original owners and boasts the ever popular OPEN CONCEPT floor plan which is ideal for entertaining. Gleaming hardwood floors throughout the first floor. Soaring ceilings are featured in both the living room with gas fired fireplace & kitchen emphasizing space. Love to cook?The fussiest of chef's will enjoy preparing meals! Premium stainless steel appliances combined with quartz counters and rich, natural wood cabinetry are the backdrop for holiday feasts! Serene, seasonal lake views are a bonus! Dining alfresco? this home features an oversized trek deck w/retractable awning makes summertime gatherings so much fun. Unlike many other units, this home was built for ease of cleaning. Optional first floor or second floor master bedroom suites with adjoining full bathrooms are perfect for those looking for a guest suite.Upper level loft makes an excellent home office, library or relaxation room. Convenient walkout basement with ample storage. Clean natural gas heating combined w/energy efficient construction. Easy lake access too! Rain Bird automatic irrigation keeps your lawn looking marvelous!

Last Agent to Sell the Property

Mary Jean Agostini

RE/MAX Right Choice License #REB.0004721 Listed on: 11/07/2018

RE/MAX Right Choice

Last Buyer's Agent

Diane Q McHugh

Berkshire Hathaway NE Prop. License #RES.0792858

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,119

Year Built

  • Built in 2011

Lot Details

  • Lake Front
  • Level Lot
  • Sprinkler System
  • Partially Wooded Lot
  • Property is zoned POR

HOA Fees

  • $260 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,037 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Awning
  • Mud Room
  • Water Views
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

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

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Rain Gutters

Schools

  • Berlin High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Active Adult
  • Association fees include grounds maintenance, trash pickup, snow removal, road maintenance
  • Sliver Island Way Community
  • Property managed by Elite property management

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,119

Year Built

Built in 2011

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Neighborhood: Kensington
  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Single Family Detached
  • Sq Ft Est Heated Above Grade: 2037
  • Public Record Living Room Sq Ft: 2037
  • Total Sq Ft: 2037
  • Year Built: 2011
  • Nearby Amenities: Library, Medical Facilities, Public Rec Facilities
  • Property Sub Type: Condominium
  • Direct Waterfront: Yes
  • Encumbrances Restrictions: Conservation Restrictions
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4504
  • Directions: Berlin Turnpike to North Colony to Silver Island Way
  • Special Features: None

Interior Features

  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Crawl Space
  • Basement Description: Full, Full With Walk-Out
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired
  • Appliances: Gas Range, Microwave, Range Hood, Refrigerator, Dishwasher, Disposal, Washer, Dryer
  • Additional Rooms: Mud Room
  • Laundry Room Location: Main Level
  • Laundry Room Info: Main Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Awnings, Deck, Gutters, Sidewalk, Underground Sprinkler, Underground Utilities
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Direct Waterfront, Lake, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 40 Gallon Tank, Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Road Maintenance
  • Complex Name: Sliver Island Way
  • HOA Fees: 260
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Elite property management
  • Property Mgt Phone: 860-430-6640

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Lot Description: Water View, Level Lot, Lightly Wooded
  • Zoning: POR
  • Property Info: Adult Community 55

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 8119
  • Mil Rate Base: 32.500
  • Assessor Parcel Number: 2513366

Multi Family

  • Total Num Of Units: 24

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2018
Closed on
Jan 18, 2019
Sold by
Hotchkiss Craig S and Hotchkiss Jeanne S
Bought by
Mcdonald Sean G
Seller's Agent
Mary Jean Agostini
RE/MAX Right Choice
Buyer's Agent
Diane Q McHugh
Berkshire Hathaway NE Prop.
List Price
$349,900
Sold Price
$336,000
Premium/Discount to List
-$13,900
-3.97%
Current Estimated Value
$583,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,436
Avg. Annual Appreciation
8.48%
Original Mortgage
$285,600
Outstanding Balance
$251,608
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$331,828

Purchase Details

Closed on
Nov 18, 2011
Sold by
Lovely Dev Inc
Bought by
Hotchkiss Craig S and Hotchkiss Jeanne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.92%

Purchase Details

Closed on
Jun 16, 2011
Sold by
Silver Island Homes Ll
Bought by
Loveley 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
$200,000
Interest Rate
4.74%
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
Mcdonald Sean G $336,000 --
Mcdonald Sean G $336,000 --
Hotchkiss Craig S $414,312 --
Hotchkiss Craig S $414,312 --
Loveley Dev Inc $160,000 --
Loveley Dev Inc $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonald Sean G $285,600
Closed Mcdonald Sean G $285,600
Previous Owner Loveley Dev Inc $220,000
Previous Owner Loveley Dev Inc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2019 01/18/19 Sold $336,000 -4.0% $165 / Sq Ft
11/28/2018 11/28/18 Pending -- -- --
11/07/2018 11/07/18 For Sale $349,900 -- $172 / 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 $8,407 $274,300 $0 $274,300
2024 $8,287 $274,300 $0 $274,300
2023 $8,108 $274,300 $0 $274,300
2022 $8,571 $249,800 $0 $249,800
2021 $8,476 $249,800 $0 $249,800
2020 $8,476 $249,800 $0 $249,800
2019 $8,476 $249,800 $0 $249,800
2018 $8,119 $249,800 $0 $249,800
2017 $9,021 $285,400 $0 $285,400
2016 $8,793 $285,400 $0 $285,400
2015 $8,662 $285,400 $0 $285,400
2014 $8,254 $285,400 $0 $285,400
Source: Public Records

Agents Affiliated with this Home

  • Mary Jean Agostini

    Seller's Agent in 2019

    Mary Jean Agostini

    RE/MAX

    (860) 995-9665

    117 in this area

    326 Total Sales

    Mary Jean Agostini
    Section Image
  • Diane Q McHugh

    Buyer's Agent in 2019

    Diane Q McHugh

    Berkshire Hathaway Home Services

    (860) 680-8204

    1 in this area

    117 Total Sales

    Diane Q McHugh
    Section Image
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Map

Source: SmartMLS

MLS Number: 170142277

SmartMLS

APN: BERL-000273-000120-000065-000023

Connecticut Hartford County Berlin 06037

93 Silver Island Way, Berlin, CT

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