NOT LISTED FOR SALE

1 Rosewood Dr Prospect, CT 06712

Estimated Value: $362,416 - $496,000

-- Bed
-- Bath
2,362 Sq Ft
$187/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $255,000 $108 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,888/month

4 Days on Market

Highlights

  • Partially Wooded Lot
  • 2 Car Detached Garage
  • Property is near shops
  • Attic
  • Porch
  • Baseboard Heating

About This Home

As of August 2021

Unique investment opportunity in Prospect CT. This property has a two family and a cottage. Two family has 4 rooms, 2 beds, and bath on each floor. Cottage also 4 rooms, 2 beds, 1 bath. Home built in 1940 and cottage 1945. Two family completely remodeled inside, while cottage has new kitchen floor and basement plumbing and floor updated. Both house and cottage have their own septic and wells. There is a detached garage. The property sits on a level 1.28 acre lot. 2 Family has leases while cottage is paid month to month.
Come with your new ideas and make this investment opportunity yours.

Last Agent to Sell the Property

Stephen Mannetti

Showcase Realty, Inc. License #RES.0768420 Listed on: 05/21/2021

Last Buyer's Agent

John Donato Jr

Showcase Realty, Inc. License #REB.0751870

Showcase Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,484

Year Built

  • Built in 1940

Lot Details

  • 1.28 Acre Lot
  • Partially Wooded Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Clap Board Siding
  • Asbestos Siding
  • Masonry

Interior Spaces

  • 2,362 Sq Ft Home
  • Attic or Crawl Hatchway Insulated

Unfinished Basement

  • Walk-Out Basement
  • Sump Pump
  • Dirt Floor
  • Crawl Space

Parking

  • 2 Car Detached Garage
  • Private Driveway

Outdoor Features

  • Porch

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Prospect Elementary School
  • Woodland Regional High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,484

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2362
  • Total Sq Ft: 2362
  • Year Built: 1940
  • Nearby Amenities: Basketball Court, Golf Course, Health Club, Playground/Tot Lot, Public Rec Facilities, Shopping/Mall, Tennis Courts
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Route 69 to Rosewood Drive
  • Special Features: None

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Unfinished, Dirt Floor, Walk-out, Sump Pump
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes
  • Street Number Modifier: 1

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Clapboard, Asbestos
  • Foundation Type: Concrete, Masonry
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Paved, Driveway
  • Garages Number: 2
  • Driveway Type: Private, Paved

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Prospect
  • High School: Woodland Regional

Lot Info

  • Acres: 1.2800
  • Lot Description: Lightly Wooded
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RA-1

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 5484
  • Total Assessed Value: 173530
  • Mil Rate Base: 31.600
  • Mil Rate Total: 31.600
  • Assessor Parcel Number: 1315067

Multi Family

  • Total Num Of Units: 3

MLS Schools

  • Elementary School: Prospect
  • High School: Woodland Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Aug 27, 2021
Sold by
Longhi Arthur J and Longhi Hiroko
Bought by
Chaudry Muhammad A
Seller's Agent
Stephen Mannetti
Showcase Realty, Inc.
Buyer's Agent
John Donato Jr
Showcase Realty, Inc.
List Price
$269,900
Sold Price
$255,000
Premium/Discount to List
-$14,900
-5.52%
Current Estimated Value
$442,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,354
Avg. Annual Appreciation
11.46%
Original Mortgage
$191,250
Outstanding Balance
$174,780
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$221,343
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chaudry Muhammad A $255,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaudry Muhammad A $191,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $255,000 -5.5% $108 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $269,900 -- $114 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,377 $249,410 $82,320 $167,090
2024 $5,832 $181,450 $82,270 $99,180
2023 $5,792 $181,450 $82,270 $99,180
2022 $5,797 $181,450 $82,270 $99,180
2021 $5,642 $174,660 $82,270 $92,390
2020 $5,484 $173,530 $82,270 $91,260
2019 $5,371 $173,530 $82,270 $91,260
2018 $5,379 $173,530 $82,270 $91,260
2017 $5,423 $173,530 $82,270 $91,260
2016 $5,190 $173,530 $82,270 $91,260
2015 $5,014 $171,520 $82,280 $89,240
2014 $4,971 $171,520 $82,280 $89,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170402008

SmartMLS

APN: PROS-000109-000126-000001-000003