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12 Terrace Pl

New Milford, CT 06776

1 bd 1 ba 620 sqft Built 1968 condos
Most recent sale
$102,000
May 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 24, 2022 Sold $102,000 Public Record
May 18, 2022 Sold $102,000 SMARTMLS
Apr 22, 2022 Listed $109,000 MLS #170484543
Mar 1, 2020 Listed for rent $895 SMARTMLS
Aug 24, 2012 Listing removed $725 SMARTMLS
Apr 26, 2012 Listed for rent $725 SMARTMLS
Feb 29, 2012 Sold $45,000 Public Record
Jan 15, 2012 Listing removed $60,000 SMARTMLS
Nov 5, 2011 Relisted $60,000 MLS #98503896
Oct 1, 2011 Listing removed $75,000 SMARTMLS
Jul 28, 2011 Price changed $75,000 MLS #98503896
Jun 6, 2011 Listed $83,500 MLS #98503896

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $55,580 $55,580 $1,760
2023 $55,580 $55,580 $1,611
2022 $55,580 $55,580 $1,576
2021 $55,580 $55,580 $1,555
2020 $54,740 $54,740 $1,570
2019 $54,740 $54,740 $1,571
2018 $54,740 $54,740 $1,542
2017 $54,740 $54,740 $1,492
2016 $54,740 $54,740 $1,465
2015 $57,820 $57,820 $1,547
2013 $57,820 $57,820 $1,495
2006 $54,530 $54,530 $1,138
2005 $29,750 $29,750 $807
2004 $29,750 $29,750 $778
2003 $29,750 $29,750 $737

Property facts

Year built
1968
Property type
condos
Stories
2
Beds
1
Baths
1
Living area
620 sqft
Lot size
ZIP code
06776
City
New Milford
Street
Terrace Pl
Coordinates
41.58120, -73.41370

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$930
Gross rental yield
10.94%
Implied cap rate
7.11%
Trend-extrapolated value

Frequently asked questions

When did 12 Terrace Pl last sell?
12 Terrace Pl most recently sold on May 24, 2022 for $102,000.
What is the current tax assessment for 12 Terrace Pl?
The most recent total assessment for 12 Terrace Pl (year 2025) is $55,580 with $1,760 in property tax.
How does 12 Terrace Pl's assessment compare to its last sale price?
The current assessment is 45.5% below the last sale price of $102,000.
When was 12 Terrace Pl built?
12 Terrace Pl was built in 1968.
How does 12 Terrace Pl compare to others on Terrace Pl?
We track 8 other properties on Terrace Pl. Browse the list under "Other properties on Terrace Pl" to compare beds, baths, and sale history.
What are the property facts for 12 Terrace Pl?
12 Terrace Pl is a 1 bed, 1 bath, 620 sqft condos.
Is 12 Terrace Pl a flip candidate?
No — 12 Terrace Pl does not appear in our flips dataset.
Is 12 Terrace Pl a tax-appeal candidate?
No — 12 Terrace Pl 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
+2.8%
Implied 1-yr
+11.2%
2026 Q3
$595.3K
2026 Q4
$609.4K
ZIP 06776 — Median Price History + Forecast

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