NOT LISTED FOR SALE

976 Rainbow Trail Orange, CT 06477

Estimated Value: $690,707 - $761,000

4 Beds
3.5 Baths
2,580 Sq Ft
$286/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $420,000 $163 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,727/month

101 Days on Market

Highlights

  • Deck
  • Attic
  • No HOA
  • Turkey Hill School Rated A-
  • 1 Fireplace
  • Circular Driveway

About This Home

As of March 2016

Lovely, bright, 4-level split with separate legal in-law/income-producing apartment with private entrance in very desirable, quiet Orange location. Just minutes from Yale, Fairfield County, Merritt Parkway, Rte. 8, Rte. 34, shopping and restaurants. Blue Ribbon school system. Home includes 3-zone central air and heat. Large eat-in kitchen with skylight, limestone-tiled foyer with skylight, sunken living room with bow window overlooking level, secluded backyard, formal dining room, jetted tub in main bath, family room with floor-to-ceiling stone fireplace, walk-up attic, recessed lighting throughout. Newer carpet, freshly painted in neutral tones. Two decks, newer roof and windows, gutter guards, circular driveway, 2-car garage with remote door openers, outdoor security lights, 5x34 open porch in front of home, 2-zone canine electric fence. Two washers and dryers, 2 refrigerators, 2 ovens/stoves, dishwasher. All appliances stay. MEASUREMENTS: LR 13x21; DR 13x13, Kitchen 24x12; Sunroom 22x16; Master Bedroom 21x14; Master Bath 8x7; Main Bath 13x9; Bedrooms 20x12, 16x14; Family Room 13x20; In-Law Apartment all inclusive 29x34

Last Agent to Sell the Property

Jorge Zea

Blue Lighthouse Realty, Inc License #REB.0790521 Listed on: 10/18/2015

Last Buyer's Agent

Gregory Domingue

Coldwell Banker Realty License #RES.0791657

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,280

Year Built

  • Built in 1971

Lot Details

  • 0.93 Acre Lot
  • Many Trees

Home Design

  • Split Level Home
  • Shingle Siding

Interior Spaces

  • 2,580 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Attic

  • Attic Fan
  • Storage In Attic
  • Pull Down Stairs to Attic

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Apartment Living Space in Basement

Parking

  • 2 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Circular Driveway

Outdoor Features

  • Deck
  • Exterior Lighting
  • Shed
  • Rain Gutters

Additional Homes

  • Separate Entry Quarters

Schools

  • Turkey Hill Elementary School
  • Regional District 5 High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Garage
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,280

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Split Level
  • Total Sq Ft: 2580
  • Year Built: 1971
  • In Law Access: Separate Entry
  • In Law Apartment: Yes
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Grassy Hill Road to Old Silo, 1 mile to Rt turn onto Rainbow Trail.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs, Storage Space
  • Basement Description: Apartment, Cooled, Fully Finished, Full With Walk-Out, Heated, Interior Access, Liveable Space
  • Interior Amenities: Cable - Available, Auto Garage Door Opener
  • Appliances: Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
  • Laundry Room Location: First Floor
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck, Gutters, Lighting, Shed
  • Exterior Siding: Shingle
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Under House Garage
  • Garages Number: 2
  • Driveway Type: Circular

Utilities

  • Cooling System: Attic Fan, Ceiling Fans, Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Garage
  • Hot Water Description: Oil
  • Water Source: Private Well

Condo/Co-op/Association

  • HOA: No

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.9300
  • Lot Description: Treed
  • Flood Zone: No

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 8280
  • Assessor Parcel Number: 1304880

MLS Schools

  • Elementary School: Turkey Hill
  • High School: Regional District 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2015
Closed on
Apr 1, 2016
Sold by
Peterson Paul J and Peterson Janice A
Bought by
Sharma Binay and Poudyal Anjali
Seller's Agent
Jorge Zea
Blue Lighthouse Realty, Inc
Buyer's Agent
Gregory Domingue
Coldwell Banker Realty
List Price
$442,000
Sold Price
$420,000
Premium/Discount to List
-$22,000
-4.98%
Current Estimated Value
$737,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,177
Avg. Annual Appreciation
5.93%
Original Mortgage
$399,000
Outstanding Balance
$316,669
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$420,508

Purchase Details

Closed on
Jun 29, 1988
Sold by
Greenhut Richard
Bought by
Peterson Paul J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sharma Binay $420,000 --
Sharma Binay $420,000 --
Sharma Binay $420,000 --
Peterson Paul J $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Binay $399,000
Closed Sharma Binay $399,000
Previous Owner Peterson Paul J $193,000
Previous Owner Peterson Paul J $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2016 03/31/16 Sold $420,000 -5.0% $163 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
10/18/2015 10/18/15 For Sale $442,000 -- $171 / 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 $10,380 $356,700 $167,800 $188,900
2024 $11,058 $356,700 $167,800 $188,900
2023 $9,050 $280,100 $122,500 $157,600
2022 $9,162 $280,100 $122,500 $157,600
2021 $9,313 $280,100 $122,500 $157,600
2020 $9,170 $280,100 $122,500 $157,600
2019 $9,128 $280,100 $122,500 $157,600
2018 $8,963 $280,100 $122,500 $157,600
2017 $8,992 $270,200 $111,200 $159,000
2016 $8,700 $270,200 $111,200 $159,000
2015 $8,280 $263,700 $111,200 $152,500
2014 $8,043 $263,700 $111,200 $152,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: G10088584

SmartMLS

APN: ORAN-000094-000002-000003