Sold Feb 20, 2020
$850,000
Seller
$350,000
by New Jersey Lenders Corp
Mortgage
312 Bantam Lake Road in Morris, CT was first built in 1994 and is 30 years old.
This has been categorized as a residential property type.
In total, the area measurement of the land is 71,005 square feet.
Learn more about the property and building on this page. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. The property was last sold in Jan 31, 2020 for $850,000. 312 Bantam Lake Road was last assessed in 2023. The total value of the property was assessed at $801,040. Specifically, the land the property is located on was valued at $512,560. While improvements on the property were assessed at a total of $288,480. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $14,659. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
Learn more about the property and building on this page. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. The property was last sold in Jan 31, 2020 for $850,000. 312 Bantam Lake Road was last assessed in 2023. The total value of the property was assessed at $801,040. Specifically, the land the property is located on was valued at $512,560. While improvements on the property were assessed at a total of $288,480. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $14,659. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
This property description is generated based on publicly available data.
312 Bantam Lake Road, Morris, CT 06763
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