NOT LISTED FOR SALE

Estimated Value: $602,000 - $718,200

3 Beds
2.5 Baths
2,020 Sq Ft
$322/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $500,000 $248 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,910/month

38 Days on Market

Highlights

  • Lake Front
  • Cape Cod Architecture
  • 1 Fireplace
  • East Hampton High School Rated 9+
  • Attic
  • No HOA

About This Home

As of December 2022

DIRECT LAKE PROPERTY on one of the most popular lakes in the area! This lake front home is situated on a double lot with 105' of road frontage and 100' lake frontage. With more than 200+' long lot you can remodel the current home to your specific needs or build your dream home. This lot is pretty level and a few step from the house you are level to the dock! Lake Pocotopaug is one of the largest inland bodies of water in CT!! The lake is perfect for all types of water recreation, enjoy boating, waterskiing, tubing, sailing, canoeing and kayaking and in the winter people love to go ice skating too! Dining, shopping and amenities nearby!! Home has a huge 2 car garage and features 3 bedrooms. One is on the main floor and 2 are upstairs. The vaulted family room is very large - the open floor plan is ready to be taken to the next level. Kitchen opens to the family room and there is an office off family room area. First floor rooms have a beautiful lake view that is - priceless. Home is owned by a trust and is being sold as-is. Inspections are for buyers information only. Audio and video surveillance in and outside of property. Do not walk on the property without a confirmed appt.

Last Listed By

Linda Edelwich

William Raveis Real Estate License #RES.0757389 Listed on: 09/09/2022

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,366

Year Built

  • Built in 1911

Lot Details

  • 0.5 Acre Lot
  • Lake Front
  • Property is zoned R-1S

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,020 Sq Ft Home
  • 1 Fireplace
  • Crawl Space
  • Partially Finished Attic
  • Home Security System
  • Gas Oven or Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Gravel Driveway
  • Dirt Driveway

Outdoor Features

  • Covered Deck

Schools

  • Memorial Elementary School
  • East Hampton Middle School
  • East Hampton High School

Utilities

  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • Private Company Owned Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,366

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Neighborhood: Pocotopaug Lake
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 2020
  • Public Record Living Room Sq Ft: 2020
  • Total Sq Ft: 2020
  • Year Built: 1911
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4774
  • Directions: New London Turnpike to Hebron Ave. to Marlborough. Merge onto CT-66 W. Turn right onto Staeth Rd. Continue onto Lake Dr. Turn left onto Spellman Point Rd. Property will be on the right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Partially Finished
  • Basement Description: Crawl Space
  • Interior Amenities: Security System
  • Appliances: Oven/Range, Refrigerator
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 63

Exterior Features

  • Exterior Features: Covered Deck
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Shingle
  • Waterfront Description: Direct Waterfront, Frontage, Lake
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Memorial
  • Middle School: East Hampton
  • High School: East Hampton
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.5000
  • Lot Description: In Subdivision
  • Zoning: R-1S

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 16366
  • Total Assessed Value: 472190
  • Mil Rate Base: 34.660
  • Mil Rate Total: 34.660
  • Assessor Parcel Number: 979240

MLS Schools

  • Elementary School: Memorial
  • Middle Jr High School: East Hampton
  • High School: East Hampton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Dec 9, 2022
Sold by
Cythia L Landon Lt
Bought by
Faucher Timothy and Hurlburt Ryan
Seller's Agent
Linda Edelwich
William Raveis Real Estate
Buyer's Agent
Timothy Faucher
eXp Realty
List Price
$649,900
Sold Price
$500,000
Premium/Discount to List
-$149,900
-23.07%
Total Days on Market
38
Views
95
Current Estimated Value
$651,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,050
Avg. Annual Appreciation
11.73%
Original Mortgage
$400,000
Outstanding Balance
$383,478
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$267,572

Range of Values:

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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
Faucher Timothy $500,000 None Available
Faucher Timothy $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faucher Timothy $400,000
Closed Faucher Timothy $400,000
Previous Owner Judson S Landon Lt $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $500,000 -18.0% $248 / Sq Ft
09/29/2022 09/29/22 Price Changed $610,000 -6.1% $302 / Sq Ft
09/09/2022 09/09/22 For Sale $649,900 -- $322 / 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 $15,311 $402,500 $273,900 $128,600
2023 $14,514 $402,500 $273,900 $128,600
2022 $16,366 $472,190 $343,590 $128,600
2021 $16,305 $472,190 $343,590 $128,600
2020 $15,009 $452,910 $332,530 $120,380
2019 $14,218 $429,020 $304,880 $124,140
2018 $13,437 $429,020 $304,880 $124,140
2017 $13,437 $429,020 $304,880 $124,140
2016 $12,630 $429,020 $304,880 $124,140
2015 $10,429 $375,430 $260,950 $114,480
2014 $9,074 $375,430 $260,950 $114,480
Source: Public Records

Agents Affiliated with this Home

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Source: SmartMLS

MLS Number: 170520681

SmartMLS

APN: EHAM-000009A-000070A-000035