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541 Farms Ter

Southington, CT 06489

2 bd 2 ba 1,199 sqft Built 1989 condos
Most recent sale
$272,000
Aug 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 16, 2022 Sold $272,000 Public Record
Aug 12, 2022 Sold $272,000 SMARTMLS
Jun 24, 2022 Listed $279,900 MLS #170501296
May 29, 2003 Sold $195,000 Public Record
Jun 30, 1989 Sold $157,487 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $136,160 $136,160 $4,522
2023 $136,160 $136,160 $4,134
2022 $136,160 $136,160 $3,966
2021 $136,160 $136,160 $3,953
2020 $122,350 $122,350 $3,748
2019 $122,350 $122,350 $3,749
2018 $122,350 $122,350 $3,729
2017 $122,350 $122,350 $3,729
2016 $122,350 $122,350 $3,626
2015 $123,100 $123,100 $3,587
2013 $123,100 $123,100 $3,380
2004 $101,920 $101,920 $2,898
2003 $101,920 $101,920 $2,711

Property facts

Year built
1989
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,199 sqft
Lot size
ZIP code
06489
City
Southington
Street
Farms Ter
Coordinates
41.60422, -72.85905

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
$1,799
Gross rental yield
7.94%
Implied cap rate
5.16%
Trend-extrapolated value

Frequently asked questions

When did 541 Farms Ter last sell?
541 Farms Ter most recently sold on Aug 16, 2022 for $272,000.
What is the current tax assessment for 541 Farms Ter?
The most recent total assessment for 541 Farms Ter (year 2025) is $136,160 with $4,522 in property tax.
How does 541 Farms Ter's assessment compare to its last sale price?
The current assessment is 49.9% below the last sale price of $272,000.
When was 541 Farms Ter built?
541 Farms Ter was built in 1989.
How does 541 Farms Ter compare to others on Farms Ter?
We track 8 other properties on Farms Ter. Browse the list under "Other properties on Farms Ter" to compare beds, baths, and sale history.
What are the property facts for 541 Farms Ter?
541 Farms Ter is a 2 bed, 2 bath, 1,199 sqft condos.
Is 541 Farms Ter a flip candidate?
No — 541 Farms Ter does not appear in our flips dataset.
Is 541 Farms Ter a tax-appeal candidate?
No — 541 Farms Ter 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
+5.3%
Implied 1-yr
+21.0%
2026 Q2
$577.2K
2026 Q3
$599.9K
ZIP 06489 — Median Price History + Forecast

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