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551 Milford Point Road

551 Milford Point Road, Milford, CT 06460
Sold Dec 24, 2015
$263,000
$258,236 by First World Mortgage
Mortgage Due Dec 24, 2045
551 Milford Point Road in Milford, CT was first built in 1957 and is 67 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 551 Milford Point Road has 1,690 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,970 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a hot water heating system 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, 551 Milford Point Road sold most recently in Jan 1, 1970 for a total of $263,000. If you work out the math, that's approximately a cost of $155.62 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 $6,488 in taxes each year. 551 Milford Point Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $238,790. If we break it down further, the land itself was valued at $92,170. Improvements to the property, however, were assessed at a total of $146,620. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 952
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,690
  • Gross Building Area: 2,940
  • Building Area: 1,690
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,690
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MORGAN DEBRA A
  • Previous Owner : BOVA DELORES EST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Milford School District
  • School Tax School District: MILFORD SD
  • Census Tract: 150500

Zoning

  • Zoning: R12.

Geography

  • Account Number: 1957
  • Parcel: MILF M:15 B:58 L:4
  • Block: 58
  • Lot: 4
  • Municipality: MILFORD
  • Latitude: 41.1931
  • Longitude: -73.0954

    Address

  • Full Address: 551 Milford Point Rd
  • Address - House Number: 551
  • Address - Street Name: Milford Point
  • Address - Suffix Type: Rd
  • State: CT
  • City Name: Milford
  • Carrier Code: C059
  • 4-Digit Zip Code: 5427
  • Zip Code: 06460

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,488

    Appraisal Valuation

  • Standard Deviation: 0.1984
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 73
  • Final Value: 410,655
  • High Value: 492,146
  • Low Value: 329,163

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $258,236
  • First Open Lien Mortgage Lender: FIRST WORLD MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 24, 2015
  • First Open Lien Mortgage Loan Amount: $258,236
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 24, 2045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $238,790
  • Assessed Land Value: $92,170
  • Assessed Improvements Value: $146,620

    Sales

  • Current Sale Recording Date: Dec 24, 2015
  • Current Sale Transaction ID: 1390166186
  • Current Sale Price: $263,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 418139

    Last Sale Mortgage

  • First Mortgage Lender: FIRST WORLD MORTGAGE
  • First Mortgage Transaction Date: Dec 24, 2015
  • First Mortgage Loan Amount: $258,236
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 24, 2045

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Frequently Asked Questions

What neighborhood is 551 Milford Point Road located in?
The 551 Milford Point Road is a located in the neighborhood of Devon - Walnut Beach in Devon - Walnut Beach, Milford.
What is the average sales price for listings in 551 Milford Point Road?
The average sales price for units in 551 Milford Point Road is $0 currently.

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