Estimated value & comparable sales
514 CARMEL HILL RD N
MBLU Map 9-16 · Block 010 · 4.9 ac · 960 sqft · built 1964
Sales-comp estimate
$180,000 – $400,000
Median: $275,000 · based on 3 comparable sales in the last 36 months
Comparable sales prices vary widely (±61%) — neighborhood is heterogeneous.
Time-adjusted using 7% annual appreciation (Bethlehem-specific).
How this was calculated
We picked the 3 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 960 sqft.
Only 3 comparable sales found within 5 miles in the last 36 months.
| Property | Acres | Sqft | Built | Sale price | Date | Adj. price | Adj. $/sqft | Distance |
|---|---|---|---|---|---|---|---|---|
514 CARMEL HILL RD NSubject MBLU Map 9-16 · Block 010 · Raised Ranch | 4.9 | 960 | 1964 | — | — | — | — | — |
MBLU Map 11-7 · Block 071B · Apt/Gar/Barn | 4.4 | 1,170 | 2025 | $85,000 | Jul 13, 2023 (2.9y ago) | $104,382 | $89 | 2.69 mi |
MBLU Map 11-4 · Block 032 · Conventional | 3 | 1,248 | 1900 | $310,000 | Jun 4, 2024 (2y ago) | $356,941 | $286 | 2.96 mi |
MBLU Map 11-4 · Block 070 · Ranch | 3.63 | 864 | 1981 | $400,000 | Jan 18, 2024 (2.3y ago) | $473,259 | $548 | 3.42 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