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4 Terrace Dr

Sherman, CT 06784

2 bd 3 ba 2,048 sqft Built 1972 Lot 20,473 sqft single_family
Most recent sale
$230,000
Dec 28, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 21, 2022 Sold $590,000 SMARTMLS
Sep 11, 2022 Listed $589,000 MLS #170522358
Jul 31, 2022 Price changed $569,000 MLS #170502064
Jul 7, 2022 Price changed $599,000 MLS #170502064
Jun 28, 2022 Listed for rent $6,000 SMARTMLS
Jun 28, 2022 Price changed $669,000 MLS #170502064
Jun 23, 2022 Listed $689,000 MLS #170502064
Dec 28, 2021 Sold $230,000 Public Record
Dec 27, 2021 Sold $230,000 SMARTMLS
Dec 6, 2021 Listed $199,000 MLS #170455736

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $84,600 $92,400 $177,000 $2,951
2023 $84,600 $92,400 $177,000 $3,154
2022 $84,600 $92,400 $177,000 $3,218
2021 $84,600 $92,400 $177,000 $3,299
2020 $84,600 $92,400 $177,000 $3,382
2019 $84,600 $92,400 $177,000 $3,506
2018 $78,800 $92,500 $171,300 $3,483
2017 $74,300 $92,500 $166,800 $3,391
2016 $74,340 $92,470 $166,810 $3,391
2015 $74,340 $92,470 $166,810 $3,343
2013 $78,330 $98,490 $176,820 $2,978
2006 $168,980 $2,602
2005 $168,980 $2,450
2003 $106,960 $2,246

Property facts

Year built
1972
Property type
single_family
Stories
2
Beds
2
Baths
3
Living area
2,048 sqft
Lot size
20,473 sqft
ZIP code
06784
City
Sherman
Street
Terrace Dr
Coordinates
41.55192, -73.46467

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
$1,380
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 4 Terrace Dr last sell?
4 Terrace Dr most recently sold on Dec 28, 2021 for $230,000.
What is the current tax assessment for 4 Terrace Dr?
The most recent total assessment for 4 Terrace Dr (year 2025) is $177,000 with $2,951 in property tax.
How does 4 Terrace Dr's assessment compare to its last sale price?
The current assessment is 23.0% below the last sale price of $230,000.
When was 4 Terrace Dr built?
4 Terrace Dr was built in 1972.
How does 4 Terrace Dr compare to others on Terrace Dr?
We track 6 other properties on Terrace Dr. Browse the list under "Other properties on Terrace Dr" to compare beds, baths, and sale history.
What are the property facts for 4 Terrace Dr?
4 Terrace Dr is a 2 bed, 3 bath, 2,048 sqft, 20,473 sqft lot single_family.
Is 4 Terrace Dr a flip candidate?
Yes — 4 Terrace Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 4 Terrace Dr a tax-appeal candidate?
No — 4 Terrace Dr 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
+3.9%
Implied 1-yr
+15.8%
2026 Q3
$933.8K
2026 Q4
$933.8K
ZIP 06784 — Median Price History + Forecast

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