583 Farms Ter
Southington, CT 06489
2 bd 2 ba 1,176 sqft Built 1991 condos
Most recent sale
$258,000
Apr 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 27, 2022 | Sold | $258,000 | Public Record |
| Apr 26, 2022 | Sold | $258,000 | SMARTMLS |
| Mar 18, 2022 | Listed | $269,900 | MLS #170474881 |
| Jan 6, 1995 | Sold | $120,000 | Public Record |
| Jul 2, 1992 | Sold | $143,628 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $134,890 | — | $134,890 | $4,480 |
| 2023 | $134,890 | — | $134,890 | $4,095 |
| 2022 | $134,890 | — | $134,890 | $3,929 |
| 2021 | $134,890 | — | $134,890 | $3,916 |
| 2020 | $121,210 | — | $121,210 | $3,713 |
| 2019 | $121,210 | — | $121,210 | $3,714 |
| 2018 | $121,210 | — | $121,210 | $3,694 |
| 2017 | $121,210 | — | $121,210 | $3,694 |
| 2016 | $121,210 | — | $121,210 | $3,593 |
| 2015 | $127,860 | — | $127,860 | $3,726 |
| 2013 | $127,860 | — | $127,860 | $3,511 |
| 2004 | $101,570 | — | $101,570 | $2,888 |
| 2003 | $101,570 | — | $101,570 | $2,702 |
Property facts
Year built
1991
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,176 sqft
Lot size
—
ZIP code
06489
City
Southington
Street
Farms Ter
Coordinates
41.60421, -72.85985
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,764
Gross rental yield
8.20%
Implied cap rate
5.33%
Trend-extrapolated value
—
Frequently asked questions
When did 583 Farms Ter last sell?
583 Farms Ter most recently sold on Apr 27, 2022 for $258,000.
What is the current tax assessment for 583 Farms Ter?
The most recent total assessment for 583 Farms Ter (year 2025) is $134,890 with $4,480 in property tax.
How does 583 Farms Ter's assessment compare to its last sale price?
The current assessment is 47.7% below the last sale price of $258,000.
When was 583 Farms Ter built?
583 Farms Ter was built in 1991.
How does 583 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 583 Farms Ter?
583 Farms Ter is a 2 bed, 2 bath, 1,176 sqft condos.
Is 583 Farms Ter a flip candidate?
No — 583 Farms Ter does not appear in our flips dataset.
Is 583 Farms Ter a tax-appeal candidate?
No — 583 Farms Ter is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.3%
Implied 1-yr
+21.0%
2026 Q2
$577.2K
2026 Q3
$599.9K
ZIP 06489 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Farms Ter