You Won’t Believe This Farmington Bargain: 4 Kensington Pl, Now for $949,000!
Ladies and gentlemen, grab your calculators and fasten your seatbelts because the roller coaster ride that is the real estate market has just deposited a gem in your lap. Presenting 4 Kensington Pl, Farmington, CT – a property that’s been playing the real estate game of “Price is Right” for nearly a decade. This home, listed at $949,000, promises a luxurious living experience and the thrill of securing a genuine bargain.
A Home with History (and Lots of It)
This single-family ranch-style residence, built in 1987, has seen its fair share of ups and downs. Let’s take a moment to marvel at its illustrious price history:
- December 2005: Sold for a modest $580,000, giving buyers a taste of luxury at just $202/sqft.
- July 2008: Again, the home was sold for the same price, perhaps a testament to its stable value amidst a fluctuating market.
- April 2014: The property was listed at a whopping $1,900,000. A dramatic 227.6% increase, making jaws drop at $662/sqft. It’s like the house decided it was time to make a statement!
- March 2015: The listing was removed, possibly because the market said, “Nice try, but no.”
- July 2024: Reappears with a much friendlier price tag of $949,000 – now we’re talking!
The price swings on this property are reminiscent of a thrilling, albeit financially disorienting, carnival ride. With the Zestimate® hovering around $973,500, the current asking price of $949,000 feels like finding a $20 bill in your winter coat.
The Taxing Truth
Navigating the taxes on this property is akin to deciphering an ancient treasure map. Let’s break it down:
- 2023: $11,543 – A 23.9% increase! Ouch.
- 2022: $9,315 – A mere 1.8% bump from the previous year.
- 2021: $9,147 – A 3% increase, keeping pace with inflation.
- 2020: $8,880 – The calm before the tax storm.
- 2018: $8,629 – Surprisingly, a 22.8% drop from the previous year’s high of $11,171.
The fluctuations in property taxes are enough to make any accountant sweat. Despite the taxing history, the home’s current financial appeal remains strong.
The Alluring Features
Beyond the numbers, this home is a beacon of modern comfort and luxury. Situated on 1.34 acres in the serene Devonwood subdivision, it’s a sanctuary for those seeking peace and a touch of opulence. Key highlights include:
- 4 Bedrooms and 3 Full Bathrooms: Spacious and light-filled, perfect for family living.
- Chef’s Kitchen: This kitchen is equipped with a gas range, Sub-Zero fridge and freezer, quartz countertops, and new cabinets. It’s a chef’s dream come true.
- Living and Dining Areas: These areas feature a gas fireplace, beverage refrigerator, and built-ins, ideal for entertaining.
- Modern Amenities: Central air, new mechanicals, updated electrical, insulation, etc.
- Outdoor Space: Composite deck, bluestone patio, and ample yard space backing up to Winding Trails for serene outdoor enjoyment.
A Thank You to Our Sponsor
Before we wrap up, a big shoutout to Farmington Storage – your trusted storage solution located at 155 Scott Swamp Road. Whether you need to stash your extra stuff while moving into your new dream home or need some extra space, call them at 860.777.4001. They’re here to help!
So there you have it, folks. 4 Kensington Pl is not just a home; it’s an experience, a story, and possibly the best real estate deal you’ll find in Farmington this year. Don’t miss out on this roller coaster ride – who knows when the next drop or climb will happen!
-JB-
