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15 Novelty Ln

Essex, CT 06426

3 bd 3 ba 2,384 sqft Built 1935 Lot 30,928 sqft single_family
Most recent sale
$1,800,000
Jul 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 28, 2022 Sold $1,800,000 Public Record
Apr 2, 2022 Listed $1,995,000 MLS #170478678
Nov 1, 2021 Price changed $1,995,000 MLS #170433602
Sep 2, 2021 Listed $2,195,000 MLS #170433602
Dec 19, 2005 Sold $1,050,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $204,900 $850,100 $1,055,000 $19,655
2023 $116,000 $794,000 $910,000 $20,557
2022 $116,000 $794,000 $910,000 $20,612
2021 $116,000 $794,000 $910,000 $20,411
2020 $116,000 $794,000 $910,000 $19,847
2019 $116,000 $794,000 $910,000 $19,702
2018 $108,900 $709,200 $818,100 $17,875
2017 $108,900 $709,200 $818,100 $17,965
2016 $108,900 $709,200 $818,100 $17,655
2015 $108,900 $709,200 $818,100 $17,246
2013 $76,200 $766,700 $842,900 $16,007
2006 $118,100 $1,012,700 $1,130,800 $18,319
2005 $118,100 $1,012,700 $1,130,800 $17,527
2003 $119,200 $383,300 $502,500 $10,050

Property facts

Year built
1935
Property type
single_family
Stories
Beds
3
Baths
3
Living area
2,384 sqft
Lot size
30,928 sqft
ZIP code
06426
City
Essex
Street
Novelty Ln
Coordinates
41.34925, -72.38592

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$10,800
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 15 Novelty Ln last sell?
15 Novelty Ln most recently sold on Jul 28, 2022 for $1,800,000.
What is the current tax assessment for 15 Novelty Ln?
The most recent total assessment for 15 Novelty Ln (year 2025) is $1,055,000 with $19,655 in property tax.
How does 15 Novelty Ln's assessment compare to its last sale price?
The current assessment is 41.4% below the last sale price of $1,800,000.
When was 15 Novelty Ln built?
15 Novelty Ln was built in 1935.
How does 15 Novelty Ln compare to others on Novelty Ln?
We track 1 other property on Novelty Ln. Browse the list under "Other properties on Novelty Ln" to compare beds, baths, and sale history.
What are the property facts for 15 Novelty Ln?
15 Novelty Ln is a 3 bed, 3 bath, 2,384 sqft, 30,928 sqft lot single_family.
Is 15 Novelty Ln a flip candidate?
No — 15 Novelty Ln does not appear in our flips dataset.
Is 15 Novelty Ln a tax-appeal candidate?
No — 15 Novelty Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.7%
Implied 1-yr
-10.7%
2026 Q1
$1.09M
2026 Q2
$1.06M
ZIP 06426 — Median Price History + Forecast

Explore nearby

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