Sold Oct 28, 1997
$147,000
Seller
$83,000
by Norwest Mortgage Inc
Mortgage Due Oct 28, 2027
371 Race Hill Road has been categorized by the local assessors in Madison, CT as a residential type of property.
The building on the property was first built in 1974 and is 50 years old.
The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms.
Residents will have access to one full bathroom.
There are 2 partial bathrooms in the home.
This is a single story building so stairs are not necessary to access other parts of the home.
In addition, 371 Race Hill Road has 1,236 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The area measurement of the land has been determined as 48,787 square feet.
Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with oil. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 371 Race Hill Road sold most recently in Jan 1, 1970 for a total of $147,000. If you work out the math, that's approximately a cost of $118.93 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,281 in taxes each year. 371 Race Hill Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $176,200. If we break it down further, the land itself was valued at $94,000. Improvements to the property, however, were assessed at a total of $82,200. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with oil. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 371 Race Hill Road sold most recently in Jan 1, 1970 for a total of $147,000. If you work out the math, that's approximately a cost of $118.93 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,281 in taxes each year. 371 Race Hill Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $176,200. If we break it down further, the land itself was valued at $94,000. Improvements to the property, however, were assessed at a total of $82,200. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
This property description is generated based on publicly available data.