Colonial Village Condos in Trumbull, CT

Address: 24 East, Trumbull, CT
Total Units: 9
Year Built: 2003–2008
Unit Style: 55+ Senior Community, Townhouse
Bedrooms: 3–4
HOA Fee: $275/month
Property Tax: $4,562/year

Colonial Village Condos for Sale

Colonial Village is a small, purpose-built condominium community with just nine units. At that scale, availability is the exception, not the rule. Units rarely come to market, and when they do, buyers who have already done their homework move faster than those who are just starting to look. If you are tracking this building, the right move is to get on a watch list before something appears in MLS. Contact The Engel Team’s Trumbull condo desk directly so you know the moment a unit becomes available, including any off-market conversations that never make it to a public listing.

Recently Sold at Colonial Village

MLS records show one verified condominium sale at Colonial Village. The closed price was $355,000 on a 2-bedroom, 2-bath unit of 1,216 square feet, which works out to approximately $292 per square foot. That sale closed in December 2022. With only one recorded transaction in the MLS dataset, there is not enough sales volume to establish a reliable price trend for the building. Buyers and sellers should treat that single data point as a floor, not a ceiling, and verify current market conditions directly.

When comparable sales volume is this thin, pricing any unit accurately requires a broker who understands the broader Trumbull real estate market well enough to triangulate from nearby townhouse-style sales and active senior community comps.

About Colonial Village

Colonial Village sits at 24 East in Trumbull and was constructed between 2003 and 2008, placing it among the newer condominium developments in the town. The community is restricted to buyers age 55 and older, which defines both the buyer pool and the day-to-day character of the complex. Nine total units make it one of the smallest condominium communities in Trumbull, a detail that cuts both ways. Privacy and a quieter pace are the obvious benefits. Thin resale history and limited comparable sales are the trade-offs that buyers and their agents need to plan around. The building style is single-family detached townhouse construction, meaning units are not stacked and do not share floor-ceiling surfaces with neighbors, a meaningful distinction from mid-rise condominiums in the area.

Homes and Layouts at Colonial Village

Units at Colonial Village are listed as three- and four-bedroom townhouses, which is a larger footprint than most 55+ communities in southwestern Connecticut typically offer. The detached townhouse format means each unit has its own entry, its own exterior profile, and a vertical layout rather than the single-floor plan common in senior-focused communities. The verified MLS sale recorded 1,216 square feet on a 2-bedroom, 2-bath configuration, which suggests at least some units may differ from the 3- and 4-bedroom listings in the complex description. Buyers should confirm exact square footage, bedroom count, and floor plan for any specific unit before making an offer, as unit-to-unit variation in a nine-unit community is common and not always reflected in aggregated data.

Outdoor space and parking specifics are not confirmed in available records. Buyers should ask the association directly about dedicated parking, guest parking, and whether units include private patios or yards. For a detached townhouse condominium, those details matter for resale as much as they do for daily living.

What Buyers Need to Know

The HOA fee at Colonial Village is $275 per month. That is a relatively modest fee for a Trumbull condominium community, but buyers should request the full reserve study and budget documentation before closing. A nine-unit association has limited financial cushion. If a major building system, shared infrastructure item, or common-area repair comes due, the cost spreads across very few owners. Special assessment risk is proportionally higher in a small association than in a 100-unit community, and that risk should be priced into any offer.

The 55+ age restriction is a deed-level covenant, not an HOA preference. Buyers must qualify at the time of purchase, and any co-borrower or co-owner on the title typically must also meet the age requirement or fall within the community’s allowable exceptions. Verify the exact age restriction language in the declaration documents before proceeding.

Rental rules in age-restricted communities vary considerably. Some allow short-term rentals for owners who need to relocate temporarily; others prohibit them entirely. Confirm the rental policy before purchase, particularly if there is any chance the unit would need to be leased rather than owner-occupied. Owner-occupancy ratio in a nine-unit complex is also worth confirming for financing purposes, since some loan programs have minimum owner-occupancy thresholds that a small community can fall below quickly if even one or two units are investor-owned or in estate situations.

Property taxes are recorded at $4,562 per year based on MLS data, which is consistent with the assessed value implied by the $355,000 sale price. Buyers should confirm the current mill rate and assessed value directly through the Trumbull assessor, as taxes can be adjusted following a sale.

For the resale package, request the master deed, bylaws, most recent meeting minutes, reserve fund balance, current budget, and any pending or recently completed special assessments. In a community this small, the minutes often contain the most useful information about how the association actually functions. A resale attorney review of these documents is not optional. It is the due diligence baseline.

Insurance structure for detached townhouse condominiums can differ from attached buildings. Confirm whether the master policy covers the exterior shell and common areas only, or whether it extends to interior structural components. That determination affects what a buyer needs in their individual HO-6 policy and what is the association’s responsibility to repair.

Buying or Selling at Colonial Village

Pricing a unit at Colonial Village accurately is not straightforward. One MLS sale in the dataset is not enough to establish market value with confidence. A buyer relying on that single comp without broader context risks overpaying. A seller relying on it without understanding where the broader Trumbull homes-for-sale market sits will likely misprice and sit on the market longer than necessary.

The Engel Team works with buyers and sellers at small condominium communities throughout Trumbull and the surrounding towns. For buyers, that means monitoring for availability before units go public, building a comparative analysis from townhouse-style sales across Trumbull when building-specific data is thin, and structuring offers that account for the unique risks of a small 55+ association. For sellers, it means developing a pricing strategy grounded in current market conditions, not a three-year-old sale, and positioning the unit to the right buyer pool from day one.

If you are considering a purchase or sale at Colonial Village, reach out to The Engel Team for a current valuation conversation. With nine units and one recorded sale, the margin for error is narrow. Get the right data before you move.