Seller's Agent in 2022
India Cleckley
William Pitt
100 W Broad St Pawcatuck, CT 06379
Estimated Value: $244,773
4
Beds
2
Baths
1,386
Sq Ft
$177/Sq Ft
Est. Value
Highlights
- 1 Fireplace
- No HOA
- Baseboard Heating
- Mystic Middle School Rated A-
- Property is near shops
- Level Lot
About This Home
As of July 2022$220,000 - Two unit multi-family property in the shoreline town of Stonington. Located in the "PV-5" zoning section of Pawcatuck Village and just steps from Westerly Rhode Island, shops, restaurants and the Pawcatuck River which straddles the Connecticut/Rhode Island border. Currently being used as a two-family residential property. Each unit has its own electric service panel, gas meter, and hot water heater, There is one gas fired boiler. The uses of this lot permit retail, office space, restaurant use, expansion & MORE with very little restriction from the town zoning department. Take advantage of its current use as an investment property with an overly large off-street parking lot. Reside in one unit with tenants in the other. Electric Boat, Pfizer employees, Connecticut and Westerly investors and business owners alike, take note! Purchase the property for the lot, utilize the existing structure, design a structure to suit your business needs. Run your business on the lower level and reside above. Surrounded by growing and established businesses, ample foot traffic, and ample visibility from the road. Photos feature top unit. Tenant occupied in lower unit. PLEASE TURN INTO PRIVATE DRIVEWAY ON THE EAST SIDE OF THE PROPERTY AND PARK BEHIND THE BUILDING. DO NOT PARK ON VALENTI PROPERTY.! Thank you.
Last Agent to Sell the Property
India Cleckley
William Pitt Sotheby's Int'l License #RES.0804140 Listed on: 05/21/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,393
Year Built
- Built in 1900
Lot Details
- 7,841 Sq Ft Lot
- Level Lot
Home Design
- Frame Construction
- Asphalt Shingled Roof
- Stone Siding
- Vinyl Siding
- Masonry
Interior Spaces
- 1,386 Sq Ft Home
- 1 Fireplace
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Dirt Floor
- Basement Storage
Parking
- Driveway
- Paved Parking
- Parking Lot
- Off-Street Parking
Location
- Property is near shops
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 21, 2021
Closed on
Jun 27, 2022
Sold by
Patel Amrish
Bought by
Inclusion A Sylvestre Fnd
Seller's Agent
India Cleckley
William Pitt Sotheby's Int'l
Buyer's Agent
Carlos Sotomayor
Coldwell Banker Realty
List Price
$310,000
Sold Price
$212,000
Premium/Discount to List
-$98,000
-31.61%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,773
Avg. Annual Appreciation
5.16%
Purchase Details
Closed on
Dec 22, 2014
Sold by
Hall 4Th James A
Bought by
Patel Amrish
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
3%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 2, 2008
Sold by
Gourin Brenda Jeanne
Bought by
Hall 4Th James Alexander
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.29%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Inclusion A Sylvestre Fnd | $212,000 | None Available | |
| Patel Amrish | $185,000 | -- | |
| Patel Amrish | $185,000 | -- | |
| Hall 4Th James Alexander | $200,000 | -- | |
| Hall 4Th James Alexander | $200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Patel Amrish | $131,250 | |
| Previous Owner | Hall 4Th James Alexander | $160,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2022 07/01/22 | Sold | $212,000 | -3.6% | $153 / Sq Ft |
| 11/02/2021 11/02/21 | Pending | -- | -- | -- |
| 10/18/2021 10/18/21 | Price Changed | $220,000 | -15.1% | $159 / Sq Ft |
| 09/27/2021 09/27/21 | Price Changed | $259,000 | -3.7% | $187 / Sq Ft |
| 09/13/2021 09/13/21 | Price Changed | $269,000 | -3.6% | $194 / Sq Ft |
| 06/28/2021 06/28/21 | Price Changed | $279,000 | -10.0% | $201 / Sq Ft |
| 05/21/2021 05/21/21 | For Sale | $310,000 | -- | $224 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $3,237 | $169,900 | $62,100 | $107,800 |
| 2023 | $3,237 | $169,900 | $62,100 | $107,800 |
| 2022 | $3,388 | $132,300 | $54,200 | $78,100 |
| 2021 | $3,393 | $132,300 | $54,200 | $78,100 |
| 2020 | $3,329 | $132,300 | $54,200 | $78,100 |
| 2019 | $3,322 | $132,300 | $54,200 | $78,100 |
| 2018 | $3,210 | $132,300 | $54,200 | $78,100 |
| 2017 | $3,388 | $137,600 | $69,500 | $68,100 |
| 2016 | $3,296 | $137,600 | $69,500 | $68,100 |
| 2015 | $3,093 | $137,600 | $69,500 | $68,100 |
| 2014 | $3,026 | $137,600 | $69,500 | $68,100 |
Source: Public Records
Agents Affiliated with this Home
-
-
Paul Smyth
Seller Co-Listing Agent in 2022
Paul Smyth
William Pitt
(860) 867-6621
5 in this area
68 Total Sales
-
Carlos Sotomayor
Buyer's Agent in 2022
Carlos Sotomayor
Coldwell Banker Realty
(860) 639-9087
1 in this area
41 Total Sales
Map
Source: SmartMLS
MLS Number: 170402626
APN: STON-000004-000005-000005
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