See Home Value
Essex Village 06426
12 Racketts Lane
$1,675,000
House - Off Market

12 Racketts Lane

Essex, Connecticut 06426
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3637 Sqft
$9,488
Estimated Monthly
$0
HOA / Fees
0.89%
Cap Rate

About This Property

Sited on an exquisitely landscaped 1.5 acre parcel in the Village of Essex, this Circa 1853 residence exudes elegance throughout and has been carefully renovated, focusing on the integrity of the original structure while incorporating all modern amenities for carefree living. Professionally landscaped featuring a lawn sweeping down to a picturesque pond with stone bulkhead, and a stunning Gunite pool set immediately off the sunroom of the house, a blue stone terrace encompasses the entire West fa?ade, creating an ideal space for outdoor living and entertaining...and included with the property is a significant deeded 25 foot right of way leading to idyllic Middle Cove. The interior of the residence features a fabulous living room with fireplace and French doors opening to the exterior terrace, a formal dining room, and an incredible Chef's kitchen with island seating as well as a cozy banquette for casual dining. The primary suite is secluded in its own wing from the other two bedrooms, each with ensuite bath, and was designed with a unique vaulted ceiling and French doors that lead to an intimate balcony overlooking the custom gardens. Architectural plans are available for the construction of a separate guest house on the opposite side of the pond, if you require a multi-generational Village estate! This property is also available for rent or lease to purchase. Simply stunning!
Unit Size
3,637Ft²
Days on Market
307 days
Land Size
1.46 acres
Price per sqft
$461
Property Type
House
Property Taxes
$1,263
HOA Dues
-
Year Built
1853
Last updated: 4 months ago (Smart MLS #170554386)

Price History

Date / Event Date Event Price
Jan 12, 2024 Sold to Porto $1,675,000
Sold to Porto
Dec 12, 2023 In contract -
In contract
Dec 6, 2023 Price Decreased $1,690,000
↓ $100K (5.6%)
Price Decreased
Nov 14, 2023 Price Decreased $1,790,000
↓ $50K (2.7%)
Price Decreased
Oct 20, 2023 Price Decreased $1,840,000
↓ $50K (2.7%)
Price Decreased
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1853
  • Effective Year Built: 1853
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 572
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 63,598
  • Total Building Area: 3,637
  • Gross Building Area: 6,395
  • Building Area: 3,637
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 3,637
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.46
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MCDERMOTT FT
  • Current Owner 2: PORTO
  • Previous Owner : MCDERMOTT FT
  • Previous Owner 2: MCDERMOTT
  • Owner Before Previous Owner: MEDWAR PATRICIA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Regional High School District 04
  • School Tax School District: ESSEX SD
  • School Tax District Code 2: REGIONAL SD 04
  • Census Tract: 630102

Geography

  • Account Number: 267500
  • Parcel: ESSE M:51 B:010
  • Block: 10
  • Municipality: ESSEX
  • Latitude: 41.3454
  • Longitude: -72.3915

    Address

  • Full Address: 12 Rackett Ln
  • Address - House Number: 12
  • Address - Street Name: Rackett
  • Address - Suffix Type: Ln
  • State: CT
  • City Name: Essex
  • Carrier Code: R002
  • 4-Digit Zip Code: 1416
  • Zip Code: 06426

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,151

    Appraisal Valuation

  • Standard Deviation: 0.2174
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 70
  • Final Value: 1,674,999
  • High Value: 2,039,191
  • Low Value: 1,310,808

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $670,700
  • Assessed Land Value: $379,300
  • Assessed Improvements Value: $291,400

    Sales

  • Current Sale Contract Date: Jan 09, 2024
  • Current Sale Recording Date: Jan 12, 2024
  • Current Sale Transaction ID: 11919400698
  • Current Sale Price: $1,675,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jul 17, 2007
  • Previous Sale Amount: $1,350,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: MERRILL LYNCH MTG CO
  • Previous Mortgage Transaction Date: Jul 17, 2007
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 17, 2037



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5 Baths
5,071 ft²
$345/ft²
$1,750,000 May 10, 2023
-
$1,226/mo

About Essex Village


Similar Homes for Sale

Unit for sale at 6 Crosstrees Hill Road, Essex, Connecticut 06426

$1,750,000

  • 5 Beds
  • 5 Baths
  • 5,071 ft²
6 Crosstrees Hill Road, Essex, Connecticut 06426 Listing by Jennifer Caulfield

Nearby Rentals

Unit for rent at 64 Main Street, Essex, CT, 06409

$1,300 /mo

  • 1 Bed
  • 1 Bath
  • 500 ft²
64 Main Street #2FL, Essex, CT, 06409 Listing by Susan A. Malan
Unit for rent at 27 Plains Road, Essex, CT, 06426

$2,075 /mo

  • 1 Bed
  • 1 Bath
  • 845 ft²
27 Plains Road #27 Plains Road B15, Essex, CT, 06426 Listing by Manager


Frequently Asked Questions

When was property at 12 Racketts Lane built and last sold?
The property at 12 Racketts Lane was built in 1853 and last sold on Jan 9, 2024 for $1,675,000.
How much is this home worth?
The estimated value of the home located at 12 Racketts Lane is $1,978,921.
What are some comparable homes to 12 Racketts Lane?
Homes that are comparable to 12 Racketts Lane include a house property at 6 Crosstrees Hill Road, located in Essex, Connecticut.

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