NOT LISTED FOR SALE

Estimated Value: $2,319,533

-- Bed
-- Bath
10,500 Sq Ft
$221/Sq Ft Est. Value

Last Sold June 11, 2012

Last sale price $900,000 $86 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $12,213/month

831 Days on Market

Highlights

  • Tennis Courts
  • In Ground Pool
  • 24.9 Acre Lot
  • Race Brook School Rated A-
  • Home fronts a pond
  • Colonial Architecture

About This Home

As of June 2012

Superb subdivision opportunity almost 25 acres with a large existing single family home & several other residential structures on the site as well as a stunning pond. Land is generally level to gently rolling a beautiful parcel in great loction sale as is
the sale is "as is with all faults" owner will accept offers subject to a reasonable due diligence period, but will not accept offers subject to permitting/subdivision. The sale is "as is with all faults" and seller urges buyer to inspect the propety" owner will choose not to complete the disclosure statement and instead will pay the $300.00 Credit at closing. I based the taxes on the 4th year phase in. ***The dormitory has a total of 16 bedrooms and 16 bathrooms***

Last Agent to Sell the Property

Aurelia Michelson

Berkshire Hathaway NE Prop. License #RES.0465230 Listed on: 01/05/2010

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Aurelia Michelson

Berkshire Hathaway NE Prop. License #RES.0465230 Listed on: 01/05/2010

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1921

Lot Details

  • 24.9 Acre Lot
  • Home fronts a pond
  • Corner Lot
  • Lot Has A Rolling Slope

Home Design

  • Colonial Architecture
  • Masonry Siding

Interior Spaces

  • 10,500 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Finished Attic

Parking

  • 3 Car Garage
  • Attached Carport
  • Driveway

Outdoor Features

  • In Ground Pool
  • Tennis Courts
  • Outdoor Storage

Schools

  • Per Bd Or Ed Elementary School
  • Amity Middle School
  • Amity High School

Utilities

  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Oil Water Heater

Home Details

Home Type

Single Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 10500
  • Year Built: 1921
  • Direct Waterfront: Yes
  • Directions: Route 34 derby avenue corner of racebrook road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 3
  • Attic Description: Finished
  • Basement Description: Full, Unfinished
  • Laundry Room Location: First Floor
  • Attic: Yes

Exterior Features

  • Exterior Features: Storage Building, Tennis Court
  • Exterior Siding: Brick
  • Waterfront Description: Pond
  • Swimming Pool: Yes
  • Pool: In Ground Pool

Garage/Parking

  • Garage Parking Info: Carport
  • Garages Number: 3
  • Driveway Type: Asphalt, Paved

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Public Water In Street
  • Sewer: Septic

Lot Info

  • Acres: 24.9000
  • Lot Description: Corner Lot, May be Subdividable, Rolling, Sloping Lot

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 54360
  • Assessor Parcel Number: 1304580

MLS Schools

  • Elementary School: Per Bd Or Ed
  • Middle Jr High School: Amity
  • High School: Amity

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2013
Sold by
Racebrook Estates Llc
Bought by
Chinmaya Mission Fairf
Current Estimated Value
$2,319,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$679,159
Interest Rate
4.61%
Estimated Equity
$1,640,374

Purchase Details

Listed on
Jan 5, 2010
Closed on
Jun 11, 2012
Sold by
Racebrook Inc
Bought by
Racebrook Estates Llc
Seller's Agent
Aurelia Michelson
Berkshire Hathaway NE Prop.
Buyer's Agent
Aurelia Michelson
Berkshire Hathaway NE Prop.
List Price
$1,500,000
Sold Price
$900,000
Premium/Discount to List
-$600,000
-40%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
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
Chinmaya Mission Fairf $1,180,000 --
Chinmaya Mission Fairf $1,180,000 --
Racebrook Estates Llc $400,000 --
Racebrook Estates Llc $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Racebrook Estates Llc $900,000
Closed Racebrook Estates Llc $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2012 06/11/12 Sold $900,000 -40.0% $86 / Sq Ft
04/15/2012 04/15/12 Pending -- -- --
01/05/2010 01/05/10 For Sale $1,500,000 -- $143 / 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 $0 $1,064,800 $696,200 $368,600
2024 $23,399 $1,064,800 $696,200 $368,600
2023 $23,399 $768,000 $508,200 $259,800
2022 $0 $768,000 $508,200 $259,800
2021 $0 $768,000 $508,200 $259,800
2020 $0 $768,000 $508,200 $259,800
2019 $0 $768,000 $508,200 $259,800
2018 $0 $768,000 $508,200 $259,800
2017 $0 $745,200 $475,000 $270,200
2016 $23,399 $745,200 $475,000 $270,200
2015 $23,399 $745,200 $475,000 $270,200
2014 $22,729 $745,200 $475,000 $270,200
Source: Public Records

Agents Affiliated with this Home

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Source: SmartMLS

MLS Number: N297763

SmartMLS

APN: ORAN-000090-000001-000007