Estimated value & comparable sales
523 CARMEL HILL RD N
MBLU Map 8-22 · Block 006 · 8.74 ac · 2,820 sqft · built 1993
Sales-comp estimate
$659,000 – $781,000
Median: $716,000 · based on 4 comparable sales in the last 36 months
4 recent comparable sales — usable but limited sample.
Time-adjusted using 7% annual appreciation (Bethlehem-specific).
How this was calculated
We picked the 4 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 2,820 sqft.
Only 4 comparable sales found within 5 miles in the last 36 months.
| Property | Acres | Sqft | Built | Sale price | Date | Adj. price | Adj. $/sqft | Distance |
|---|---|---|---|---|---|---|---|---|
523 CARMEL HILL RD NSubject MBLU Map 8-22 · Block 006 · Colonial | 8.74 | 2,820 | 1993 | — | — | — | — | — |
MBLU Map 9-15 · Block 037 · Ranch | 6.04 | 2,848 | 1989 | $550,000 | Apr 4, 2024 (2.1y ago) | $640,937 | $225 | 0.51 mi |
MBLU Map 9-14 · Block 014 · Colonial | 8.5 | 3,204 | 1966 | $725,000 | Oct 9, 2025 (0.6y ago) | $757,685 | $236 | 1.47 mi |
MBLU Map 10-5 · Block 036 · Multi Family | 4.46 | 2,353 | 1984 | $585,000 | Jan 12, 2024 (2.4y ago) | $692,960 | $295 | 2.7 mi |
MBLU Map 11-9 · Block 020 · Split Level | 4.6 | 2,390 | 1976 | $589,000 | Jan 23, 2025 (1.3y ago) | $647,769 | $271 | 2.71 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