NOT LISTED FOR SALE

115 Poquonnock Rd Groton, CT 06340

Estimated Value: $459,660

-- Bed
-- Bath
6,084 Sq Ft
$76/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $316,000 $52 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,955/month

6 Days on Market

Highlights

  • Attic
  • Property is near shops
  • Level Lot
  • No HOA
  • Baseboard Heating

About This Home

As of May 2021

INVESTMENT OPPORTUNITY: 9 residential units, 2 commercial storefronts, with 2 separate buildings and parking lot in Groton City minutes from Pfizer and EB. Property does need work and convey's in as-is condition. Many long term tenants in place. 10 electric meters on site. Many recent updates. 2 units in need of complete remodel. Photos taken by the seller.

Last Agent to Sell the Property

Jeff Valentine

William Pitt Sotheby's Int'l License #REB.0793384 Listed on: 04/01/2021

William Pitt Sotheby's Int'l

Last Buyer's Agent

Jeff Valentine

William Pitt Sotheby's Int'l License #REB.0793384 Listed on: 04/01/2021

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,689

Year Built

  • Built in 1918

Lot Details

  • 0.34 Acre Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Cedar Siding
  • Shake Siding

Interior Spaces

  • 6,084 Sq Ft Home
  • Attic or Crawl Hatchway Insulated

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • Dirt Driveway
  • Unpaved Parking
  • Parking Lot
  • Off-Street Parking

Location

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

Schools

  • Fitch Senior High School

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Bottled Gas Heating
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 11 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,689

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Neighborhood: Groton City
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 6084
  • Total Sq Ft: 6084
  • Year Built: 1918
  • Nearby Amenities: Basketball Court, Golf Course, Library, Public Rec Facilities, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Directions: Groton city 5 corners. GPS friendly.
  • Special Features: None

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full, Full With Walk-Out, Unfinished
  • Attic: Yes

Exterior Features

  • Exterior Siding: Shake, Cedar
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unpaved, Off Street Parking, Parking Lot
  • Driveway Type: Dirt

Utilities

  • Heat Type: Baseboard, Gas on Gas
  • Heat Fuel Type: Bottle Gas, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.3400
  • Lot Description: Level Lot
  • Zoning: FC

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 7689
  • Mil Rate Base: 25.110
  • Mil Rate Tax District: 4.300
  • Assessor Parcel Number: 1950618

Multi Family

  • Total Num Of Units: 11

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Fitch Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
May 12, 2021
Sold by
Acme Real Estate Llc
Bought by
Baha Holdings Llc
Seller's Agent
Jeff Valentine
William Pitt Sotheby's Int'l
Buyer's Agent
Jeff Valentine
William Pitt Sotheby's Int'l
List Price
$349,900
Sold Price
$316,000
Premium/Discount to List
-$33,900
-9.69%
Current Estimated Value
$459,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,660
Avg. Annual Appreciation
8.75%
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
Baha Holdings Llc $316,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2021 05/12/21 Sold $316,000 -9.7% $52 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $349,900 -- $58 / 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 $6,585 $227,780 $148,106 $79,674
2024 $6,125 $227,780 $148,106 $79,674
2023 $5,877 $227,780 $113,960 $113,820
2022 $5,683 $227,780 $113,960 $113,820
2021 $7,287 $240,660 $103,600 $137,060
2020 $7,689 $261,450 $103,600 $157,850
2019 $7,443 $261,450 $103,600 $157,850
2018 $7,517 $261,450 $103,600 $157,850
2017 $7,543 $261,450 $103,600 $157,850
2016 $6,885 $253,470 $103,600 $149,870
2015 $6,798 $253,470 $103,600 $149,870
2014 $6,325 $253,470 $103,600 $149,870
Source: Public Records

Agents Affiliated with this Home

  • Jeff Valentine

    Seller's Agent in 2021

    Jeff Valentine

    William Pitt

    (860) 912-7223

    14 in this area

    145 Total Sales

    Jeff Valentine
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Map

Source: SmartMLS

MLS Number: 170385761

SmartMLS

APN: GROT-001688-000757-004836

Connecticut New London County Groton 06340

115 Poquonnock Rd, Groton, CT

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