NOT LISTED FOR SALE

988 Trumbull Hwy Lebanon, CT 06249

Estimated Value: $622,000 - $679,000

2 Beds
2 Baths
3,984 Sq Ft
$161/Sq Ft Est. Value

Last Sold October 28, 2021

Last sale price $490,000 $123 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,141/month

92 Days on Market

Highlights

  • Golf Course Community
  • Stables
  • Waterfront
  • Barn
  • Pool House
  • 11.2 Acre Lot

About This Home

As of October 2021

Classic farm house on 11 acres Wide board pine floors, granite stairs and stone walls. A grand wrap around porch with views to the fields and a pond. Decks to take tea and enjoy your gardens. Plenty of room and fresh air. The main house offers a first floor bedroom, dining with living room and two additional parlors for your use as library, music or sitting room. Also first floor laundry and full bath. The Kitchen includes Thomasville kitchen cabinets, Bertazzoni Italia 5 burner gas stove and breakfast nook. The upper level offers 2 bedrooms, full bath and work from home space both with views that bring the outside to you. Three wells Sit on your wrap around porch and sip lemonades, or farm your land, consider the possibility of subdividing. In addition two apartments , one for rent collection the other au pair. Tenant is month to month or ponder a master bedroom ensuite or your extended family. Perhaps a bed & breakfast. Air bnb, a vineyard. For the hot summer days enjoy your Esther Williams pool with composite deck and pool house. Horse barn originally used by current owner for Tennessee Walking Horses, then chickens. Owner is not planning on doing any touch ups. Owner is selling "as is". Also available for sale as a single family with au pair. In the land of dairy farms, but a short ride to shopping, restaurants & world class golfing, casinos & medical, Norwich, Lisbon, Manchester, Hebron & Colchester.

Last Agent to Sell the Property

Ann Buonocore

Buena Vista Real Estate Co. License #REB.0087510 Listed on: 05/27/2021

Last Buyer's Agent

Ann Buonocore

Buena Vista Real Estate Co. License #REB.0087510 Listed on: 05/27/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,238

Year Built

  • Built in 1840

Lot Details

  • 11.2 Acre Lot
  • Waterfront
  • Garden

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 3,984 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Concrete Flooring
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Attic

  • Attic Floors
  • Storage In Attic
  • Walkup Attic

Parking

  • Circular Driveway
  • Off-Street Parking

Pool

  • Pool House
  • Above Ground Pool

Utilities

  • Floor Furnace
  • Heating System Uses Steam
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement

Additional Features

  • Wrap Around Porch
  • Barn
  • Stables

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Golf Course Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,238

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3984
  • Public Record Living Room Sq Ft: 3984
  • Total Sq Ft: 3984
  • Year Built: 1840
  • Nearby Amenities: Library, Park, Private School(s), Stables/Riding
  • Association Amenities: Golf Course
  • Remarks Public Addendum: In the land of dairy farms, but a short ride to shopping & restaurants ( Lisbon Landing & The Crossings or Windham Center, Crystal Mall Cost co and more) , Golf Courses including Lake of Isles, Fox Hop Yard, River Ridge and more. The Lebanon town green wi
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 8237
  • Tax Year Updated Dt: 07/19/2021
  • Directions: Use GPS Approximately 15 min to Norwich, 12 min to Windham Hospital, 35 min to Hartford, 80 min to Boston, 2.5hr to Manhattan, 30 min to Manchester Ct
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Walk-up, Floored, Storage Space
  • Basement Description: Full With Hatchway, Unfinished, Concrete Floor
  • Laundry Room Location: main house only washer and dryer
  • Laundry Room Info: Hook-Up In Unit 1
  • Attic: Yes
  • Street Number Modifier: 988

Exterior Features

  • Exterior Features: Barn, Garden Area, Porch-Wrap Around, Stable
  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: View
  • Swimming Pool: Yes
  • Pool: Pool House, Above Ground Pool
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Private, Circular

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 11.2000
  • Lot Description: Water View
  • Zoning: RA

Multi Family

  • Unit Count: 2
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 7238
  • Total Assessed Value: 254860
  • Mil Rate Base: 28.400
  • Mil Rate Total: 28.400
  • Assessor Parcel Number: 2232954

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Oct 28, 2021
Sold by
Driscoll Scarlett E
Bought by
Griffin Phillip S
Seller's Agent
Ann Buonocore
Buena Vista Real Estate Co.
Buyer's Agent
Ann Buonocore
Buena Vista Real Estate Co.
List Price
$695,000
Sold Price
$490,000
Premium/Discount to List
-$205,000
-29.5%
Current Estimated Value
$642,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,628
Avg. Annual Appreciation
6.27%
Original Mortgage
$392,000
Outstanding Balance
$362,089
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$256,836

Purchase Details

Closed on
Jan 27, 2021
Sold by
Driscoll Carol A
Bought by
Driscoll Scarlett E
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
Griffin Phillip S $490,000 None Available
Driscoll Scarlett E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffin Phillip S $392,000
Previous Owner Driscoll Alan $32,000
Previous Owner Driscoll Alan $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2021 10/28/21 Sold $490,000 -10.1% $123 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
07/30/2021 07/30/21 Price Changed $545,000 -8.4% $137 / Sq Ft
07/06/2021 07/06/21 Price Changed $595,000 -14.4% $149 / Sq Ft
05/27/2021 05/27/21 For Sale $695,000 -- $174 / 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
2024 $7,672 $365,310 $56,800 $308,510
2023 $7,391 $254,860 $41,480 $213,380
2022 $7,264 $254,860 $41,480 $213,380
2021 $7,238 $254,860 $41,480 $213,380
2020 $7,187 $254,860 $41,480 $213,380
2019 $7,493 $254,860 $41,480 $213,380
2018 $7,396 $251,560 $54,820 $196,740
2017 $7,270 $251,560 $54,820 $196,740
2016 $7,270 $251,560 $54,820 $196,740
2015 $6,591 $251,560 $54,820 $196,740
2014 $7,094 $251,560 $54,820 $196,740
Source: Public Records

Agents Affiliated with this Home

  • Ann Buonocore

    Seller's Agent in 2021

    Ann Buonocore

    Buena Vista Real Estate Co.

    (860) 572-7305

    1 in this area

    23 Total Sales

    Ann Buonocore
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170404633

SmartMLS

APN: LEBA-000246-000000-000007

Connecticut New London County Lebanon 06249

988 Trumbull Hwy, Lebanon, CT

This home is located at 988 Trumbull Hwy, Lebanon, CT 06249 since 27 May 2021 and is currently estimated at $642,628, approximately $161 per square foot. This property was built in 1840. 988 Trumbull Hwy is a home located in New London County with nearby schools including Lebanon Elementary School, Lebanon Middle School, and Lyman Memorial High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes