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$1,525,000

Beds
6
Baths
8.5
sq ft
13,512

1 John Steele Rd, Farmington, CT 06032

1 John Steele Rd

Farmington, CT 06032

  • 119 days on market
    • Price drop $75,000↓
Discover one of Farmington's finest estates. Welcome to this massive brick home situated on a serene 4.63-acre lot. Featuring 6 bedrooms, 7 full baths, and 5 fireplaces, it exudes luxury. The grand tiled foyer hosts magnificent chandeliers that lead to two opulent great rooms with cherry oak trim and custom crown molding. Floor-to-ceiling windows provide abundant natural light and stunning panoramic views. The first-floor primary suite, with its private bathroom wing, 3 closets, and shadow box trim, is a perfect nightly retreat. The kitchen boasts an oversized granite island and deluxe appliances, including a Sub-Zero refrigerator, ideal for entertaining. The upper level offers spacious bedrooms, oversized closets, and an additional suite with its own entrance. The third level features a fully finished bonus room for even more living space. The lower level is an entertainer's dream with a wine cellar, personal bar, indoor hot tub, and oversized full bath. This beautiful property offers an attached greenhouse and 4-car garage, grand balcony that overlooks a resort-like setting with an in-ground pool, bluestone patio, man-made lake, stables, and beautiful flower beds. Don't miss out on this spectacular estate.

Details

Property type

Single Family Residence

Est. home value

$1,860,902

Lot size

4.63 acres

Price per sq ft

$113

Year built

1980

Annual property taxes

$31,540

Price History

09/04/2024
SmartMLS

SmartMLS #24034334

Price change
$1,525,000
-4.69%
07/25/2024
SmartMLS

SmartMLS #24034334

Listed
$1,600,000
-9.09%
01/27/2024
SmartMLS

SmartMLS #170619680

Removed
$1,760,000

Schools & Community

Elementary school: 

Per Board of Ed

Middle school: 

Unknown

High school: 

Per Board of Ed

Community features: 

Golf

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Thomaston Savings Bank

Loan start date

January 2016

Original loan amount

$500,000

Est. remaining balance

Not provided

Interest rate

3.95%

Loan type

Credit Line (Revolving), 30 year

Seller

Hongchu Jiao

Lender

Thomaston Savings Bank

Loan start date

January 2016

Original loan amount

$500,000

Est. remaining balance

Not provided

Interest rate

3.95%

Loan type

Credit Line (Revolving), 30 year

Seller

Hongchu Jiao

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 5:40 AM

Listing updated: 11/07/2024 at 11:25 AM

Listed by: Elizabeth Harrison, Hagel & Assoc. Real Estate Phone #: (860) 759-2842

MLS: SmartMLS #24034334

SmartMLS logo

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