53 Penny Ln
Manchester, CT 06040
4 bd 5 ba 4,842 sqft Built 1997 Lot 36,590 sqft single_family
Most recent sale
$700,000
Sep 21, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 21, 2022 | Sold | $700,000 | Public Record |
| Aug 13, 2022 | Listed | $679,900 | MLS #170512402 |
| Jan 16, 1998 | Sold | $549,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $391,200 | $73,200 | $464,400 | $18,492 |
| 2023 | $391,200 | $73,200 | $464,400 | $17,276 |
| 2022 | $391,200 | $73,200 | $464,400 | $16,774 |
| 2021 | $310,000 | $79,500 | $389,500 | $16,332 |
| 2020 | $310,000 | $79,500 | $389,500 | $16,308 |
| 2019 | $310,000 | $79,500 | $389,500 | $16,242 |
| 2018 | $310,000 | $79,500 | $389,500 | $15,934 |
| 2017 | $310,000 | $79,500 | $389,500 | $15,483 |
| 2016 | $371,800 | $89,700 | $461,500 | $18,312 |
| 2015 | $371,800 | $89,700 | $461,500 | $18,183 |
| 2013 | $371,800 | $89,700 | $461,500 | $17,279 |
| 2006 | $303,100 | $55,800 | $358,900 | $14,406 |
| 2005 | $303,100 | $55,800 | $358,900 | $13,663 |
| 2004 | $303,100 | $55,800 | $358,900 | $12,946 |
| 2003 | $303,100 | $55,800 | $358,900 | $12,314 |
Property facts
Year built
1997
Property type
single_family
Stories
—
Beds
4
Baths
5
Living area
4,842 sqft
Lot size
36,590 sqft
ZIP code
06040
City
Manchester
Street
Penny Ln
Coordinates
41.74802, -72.46591
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$7,263
Gross rental yield
12.45%
Implied cap rate
8.09%
Trend-extrapolated value
—
Frequently asked questions
When did 53 Penny Ln last sell?
53 Penny Ln most recently sold on Sep 21, 2022 for $700,000.
What is the current tax assessment for 53 Penny Ln?
The most recent total assessment for 53 Penny Ln (year 2025) is $464,400 with $18,492 in property tax.
How does 53 Penny Ln's assessment compare to its last sale price?
The current assessment is 33.7% below the last sale price of $700,000.
When was 53 Penny Ln built?
53 Penny Ln was built in 1997.
How does 53 Penny Ln compare to others on Penny Ln?
We track 3 other properties on Penny Ln. Browse the list under "Other properties on Penny Ln" to compare beds, baths, and sale history.
What are the property facts for 53 Penny Ln?
53 Penny Ln is a 4 bed, 5 bath, 4,842 sqft, 36,590 sqft lot single_family.
Is 53 Penny Ln a flip candidate?
No — 53 Penny Ln does not appear in our flips dataset.
Is 53 Penny Ln a tax-appeal candidate?
No — 53 Penny Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.6%
Implied 1-yr
-2.4%
2026 Q3
$371.1K
2026 Q4
$368.8K
ZIP 06040 — Median Price History + Forecast
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Geography
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