NOT LISTED FOR SALE

107 Main St Sterling, CT 06377

Estimated Value: $224,815

4 Beds
2 Baths
640 Sq Ft
$351/Sq Ft Est. Value

Last Sold August 10, 2022

Last sale price $180,000 $281 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,378/month

4 Days on Market

Highlights

  • Partially Wooded Lot
  • No HOA
  • Level Lot
  • Attic
  • Under Construction

About This Home

As of August 2022

This is an investors dream come true! This mixed use property is nestled nicely on .15 acres of completely flat land. The foundation is a poured concrete slab with cinderblock masonry walls for the lower 1280 square foot portion of the structure and wood framed upper part of the structure is divided into two 640 square foot two bedroom apartments. The ground level commercial establishment is set up as a mechanics station. Two full size bays with an immaculate pair of lifts that can convey if the buyer is so inclined! A large air compressor is fixed in one of the bays as well that can convey too! The commercial establishment has a bathroom, good sized office as well as washer and dryer hook ups! BUT WAIT THERE'S MORE! The commercial section is separated by a fire break and sound dampening material to protect the second floor residential area. The upper portion is 1280 square feet divided into two 640 square foot two bed one bath apartments! One of the two apartments is fully finished and owner occupied and the other side is partially finished with materials to convey in order to finish! Propane fed, forced hot air heating for the two apartments and a large corner bay propane heater in the garage space. Propane tanks on the property belong to the current owner and will not convey. Large gravel parking lot and drive around parking for residential portion to allow for PLENTY of parking. Schedule your viewing today as this is priced to sell!

Last Agent to Sell the Property

Dana Peloso

Coldwell Banker Realty License #RES.0822455 Listed on: 12/03/2021

Coldwell Banker Realty

Last Buyer's Agent

Dana Peloso

Coldwell Banker Realty License #RES.0822455 Listed on: 12/03/2021

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,787

Year Built

  • Built in 1952 | Under Construction

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot
  • Partially Wooded Lot

Home Design

  • 640 Sq Ft Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Concrete Siding
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Gravel Driveway
  • Unpaved Parking
  • Parking Lot
  • Off-Street Parking

Schools

  • Sterling Community Elementary School
  • Plainfield High School

Utilities

  • Radiator
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Propane Water Heater

Additional Features

  • Attic

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Exclusions: All of owners personal belongings, propane tanks, washer and dryer within garage area

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,787

Year Built

Built in 1952 | Under Construction

Lot Details

0

Listing Details

  • Neighborhood: Sterling Hill
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 640
  • Total Sq Ft: 640
  • Year Built: 1952
  • New Construction: Under Construction
  • Nearby Amenities: Basketball Court, Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Public Pool, Stables/Riding
  • Exclusions: All of owners personal belongings, propane tanks, washer and dryer within garage area
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2560
  • Directions: GPS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic: Yes

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Slab
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame, Concrete

Garage/Parking

  • Garage Parking Info: Unpaved, Off Street Parking, Parking Lot
  • Garages Number: 2
  • Driveway Type: Gravel

Utilities

  • Heat Type: Gas on Gas, Hot Air, Radiator
  • Heat Fuel Type: Propane
  • Hot Water Description: Propane
  • Water Source: Public Water Connected
  • Sewer: Public Sewer In Street

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.1500
  • Lot Description: Level Lot, Lightly Wooded
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: Mixed Commercial/Residential

Multi Family

  • Unit Count: 2
  • Total Multi Family: 6
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 2787
  • Mil Rate Base: 31.940
  • Assessor Parcel Number: 1718712

MLS Schools

  • Elementary School: Sterling Community
  • Middle Jr High School: Per Board of Ed
  • High School: Plainfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2022
Sold by
Cafaro Michael
Bought by
Young Edward
Current Estimated Value
$224,815

Purchase Details

Closed on
May 23, 2008
Sold by
Knox Shirl A
Bought by
Cafaro Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
5.94%
Mortgage Type
Commercial

Purchase Details

Closed on
May 16, 2008
Sold by
Hadley Everett
Bought by
Cafaro Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
5.94%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Young Edward $180,000 None Available
Young Edward $180,000 None Available
Young Edward $180,000 None Available
Cafaro Michael $50,000 --
Cafaro Michael $50,000 --
Cafaro Michael $100,000 --
Cafaro Michael $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cafaro Michael $49,000
Previous Owner Cafaro Michael $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2022 08/10/22 Sold $180,000 +20.0% $281 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
12/03/2021 12/03/21 For Sale $150,000 -- $234 / 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 $2,563 $116,500 $29,600 $86,900
2024 $2,755 $116,500 $29,600 $86,900
2023 $2,589 $116,500 $29,600 $86,900
2022 $2,787 $87,260 $15,540 $71,720
2021 $2,787 $87,260 $15,540 $71,720
2020 $2,787 $87,260 $15,540 $71,720
2019 $2,787 $87,260 $15,540 $71,720
2018 $2,775 $87,260 $15,540 $71,720
2017 $2,962 $93,140 $17,640 $75,500
2016 $2,943 $93,140 $17,640 $75,500
2015 $2,943 $93,140 $17,640 $75,500
2014 $2,934 $93,140 $17,640 $75,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170455144

SmartMLS

APN: STER-000001S-C000016-000018