Estimated value & comparable sales
538 CARMEL HILL RD N
MBLU Map 9-16 · Block 024 · 5.64 ac · 2,090 sqft · built 1984
Sales-comp estimate
$560,000 – $718,000
Median: $566,000 · based on 5 comparable sales in the last 36 months
5 closely matched recent sales with consistent pricing (±16%).
Time-adjusted using 7% annual appreciation (Bethlehem-specific).
How this was calculated
We picked the 5 comparable properties below — same town, within 5 miles, ±30% living area, ±50% lot acreage, that sold in the last 36 months for $50,000 or more in an arms-length transaction. Each sale price was translated to today's dollars using a 7% annual appreciation rate (fit from 259 Bethlehem sales over the last 10 years). The estimate range comes from the 25th–75th percentile of the adjusted price-per-sqft across those comparables, multiplied by this parcel's 2,090 sqft.
| Property | Acres | Sqft | Built | Sale price | Date | Adj. price | Adj. $/sqft | Distance |
|---|---|---|---|---|---|---|---|---|
538 CARMEL HILL RD NSubject MBLU Map 9-16 · Block 024 · Colonial | 5.64 | 2,090 | 1984 | $119,000 | Dec 13, 1978 (47.4y ago) | $3,610,333 | $1,727 | — |
MBLU Map 9-16 · Block 004 · Cape Cod | 5.25 | 1,665 | 1940 | $345,000 | Jun 8, 2024 (1.9y ago) | $396,928 | $238 | 0.73 mi |
MBLU Map 9-17 · Block 014 · Cape Cod | 3.85 | 2,444 | 1997 | $640,000 | Jan 28, 2026 (0.3y ago) | $654,389 | $268 | 0.97 mi |
MBLU Map 10-8 · Block 010 · Ranch | 2.99 | 1,496 | 1966 | $500,000 | Dec 31, 2025 (0.4y ago) | $514,068 | $344 | 1.14 mi |
MBLU Map 10-7 · Block 023 · Split Level | 5 | 1,810 | 1961 | $560,000 | Jan 11, 2024 (2.4y ago) | $663,476 | $367 | 1.85 mi |
MBLU Map 11-9 · Block 020 · Split Level | 4.6 | 2,390 | 1976 | $589,000 | Jan 23, 2025 (1.3y ago) | $647,768 | $271 | 2.58 mi |
Sale prices are drawn from the Bethlehem Town Clerk via the VGSI assessor cards and the CT OPM statewide sales dataset. Family / estate / nominal transfers (recorded below $50,000 or flagged non-arms-length by the state) are excluded.
This estimate is informational only — not an appraisal, a comparative market analysis prepared by a licensed agent, or an offer to buy or sell property. Building condition, recent renovations, waterfront / view, and other property-specific factors are not accounted for and can move the actual value substantially in either direction.
Prepared May 20, 2026 via Bethlehem Land Records · bethlehem.northwestct.com