NOT LISTED FOR SALE

12 Cutler St Groton, CT 06340

Estimated Value: $293,446 - $395,000

4 Beds
2 Baths
1,728 Sq Ft
$200/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $175,000 $101 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,289/month

2 Days on Market

Highlights

  • Property is near public transit
  • Public Transportation
  • Hot Water Heating System
  • No HOA
  • Hot Water Circulator
  • Level Lot

About This Home

As of March 2022

2 family located near all conveniences and in walking distance to EB. You will find hardwood floors, separate utilities and laundry hookups for each unit and off street parking. This property is in need of some "shining" and updating, but it will be well worth to invest in it. Strictly sold AS IS. Owner will not make any repairs or work. No government loans. Cash, or conventional financing only.

Last Agent to Sell the Property

Michela Harris

Signature Properties of NewEng License #RES.0758522 Listed on: 03/10/2022

Last Buyer's Agent

Michela Harris

Signature Properties of NewEng License #RES.0758522 Listed on: 03/10/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,232

Year Built

  • Built in 1917

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Asbestos Siding

Interior Spaces

  • 1,728 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Dirt Driveway
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near a golf course

Schools

  • Fitch Senior High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Propane Water Heater
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,232

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Neighborhood: Groton City
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 1728
  • Public Record Living Room Sq Ft: 1728
  • Total Sq Ft: 1728
  • Year Built: 1917
  • Nearby Amenities: Golf Course, Library, Public Transportation
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 1728
  • Directions: Benham Rd. to Hynes to Cutler
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full
  • Laundry Room Info: All Units Have Hook-Ups, Basement Hook-Up(s)
  • Attic: No
  • Street Number Modifier: 12-14

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Dirt

Utilities

  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Propane
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1600
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: R52

Multi Family

  • Unit Count: 2
  • Total Multi Family: 10
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 3232
  • Total Assessed Value: 106750
  • Mil Rate Base: 25.980
  • Mil Rate Tax District: 4.300
  • Mil Rate Total: 30.280
  • Assessor Parcel Number: 1950954

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
May 27, 2022
Sold by
Ogrady Mathew
Bought by
Mcmahon Taegan
Seller's Agent
Michela Harris
Signature Properties of NewEng
Buyer's Agent
Michela Harris
Signature Properties of NewEng
List Price
$175,000
Sold Price
$175,000
Total Days on Market
2
Current Estimated Value
$346,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,112
Avg. Annual Appreciation
22.49%
Original Mortgage
$135,375
Outstanding Balance
$130,278
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$203,966

Purchase Details

Listed on
Mar 10, 2022
Closed on
Mar 31, 2022
Sold by
Greene Louise
Bought by
Ogrady Mathew
Seller's Agent
Michela Harris
Signature Properties of NewEng
Buyer's Agent
Michela Harris
Signature Properties of NewEng
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,375
Outstanding Balance
$130,278
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$203,966
Source: Public Records

Similar Homes in Groton, CT

  • 28 Quincy Ct, Groton, CT 06340

    $355,000

    • 6 Beds
    • 2 Baths
    • 1,650 Sq Ft
    • 28 Quincy Ct
    • Groton, CT

    Great opportunity to own an income producing property in a very convenient location. Each unit offers 3 bedrooms! Fully rented side by side 2 family home located in the Poquonock Bridge section of Groton. Great waterviews with access to the Poquonock Bridge Boardwalk. Very close to Bluff Point trails and the beach. 28 Quincy has a renovated kitchen with new LV flooring, cabinets and granite

    Marilyn Lusher RE/MAX Legends

    Section Image
  • 15 Granite St, Groton, CT 06340

    $409,000

    • 5 Beds
    • 2.5 Baths
    • 2,362 Sq Ft
    • 15 Granite St
    • Groton, CT

    Location, location, location ! This high demand 2 family home within walking distance of Electric Boat and Pfizer also has water views over the Thames river. This well maintained home has 3 bedroom / 2 bath and 2 bedroom / 1 bath units that can be used as an owner occupied home or investment property. Laundry hook up is available in the basement as well as a detached garage. Definitely worth

    Donald Miller Berkshire Hathaway NE Prop.

    Section Image
  • 67 Baker Ave, Groton, CT 06340

    $399,000

    • 3 Beds
    • 2 Baths
    • 1,660 Sq Ft
    • 67 Baker Ave
    • Groton, CT

    **INVESTOR OPPORTUNITY** Charming Two-Family Home with private parking located near General Dynamics and Pfizer Pharmaceutical. First floor offers one bedroom and full Bath with an additional room that could be allocated as office space. Second Floor offers a two bedroom and full bath. Home has two new furnaces and water heaters. Water Views on both levels with potential to finish the third

    Cindy Moran RE/MAX South County

    Section Image

Range of Values:

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
Mcmahon Taegan $180,500 None Available
Ogrady Mathew $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmahon Taegan $135,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $175,000 0.0% $101 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $175,000 -- $101 / 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
2024 $4,149 $154,280 $85,680 $68,600
2023 $3,980 $154,280 $56,280 $98,000
2022 $3,849 $154,280 $56,280 $98,000
2021 $3,232 $106,750 $36,470 $70,280
2020 $3,140 $106,750 $36,470 $70,280
2019 $3,039 $106,750 $36,470 $70,280
2018 $3,069 $106,750 $36,470 $70,280
2017 $3,080 $106,750 $36,470 $70,280
2016 $3,335 $122,780 $45,570 $77,210
2015 $3,293 $122,780 $45,570 $77,210
2014 $3,064 $122,780 $45,570 $77,210
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170471646

SmartMLS

APN: GROT-001688-001554-007958