NOT LISTED FOR SALE

1266 Boston Post Rd Westbrook, CT 06498

Estimated Value: $1,420,736

-- Bed
8 Baths
4,500 Sq Ft
$316/Sq Ft Est. Value

Last Sold July 03, 2019

Last sale price $728,500 $162 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $8,373/month

217 Days on Market

Highlights

  • 0.5 Acre Lot
  • Deck
  • Attic
  • Westbrook Middle School Rated A-
  • Property is near public transit
  • No HOA

About This Home

As of July 2019

Two buildings on one property, 5 one bedroom units living room/kitchen, separate entrances, separate utilities, building also has rented barber shop and Beauty Salon. Second building Main House is a two family, first floor 3 bedrooms 1 bath, second floor 2 bedrooms 1 bath. This property has been owned by the sellers for a long time and is always fully rented. Over 25 paved parking spaces!! FULLY rented. First time being offered for sale.

Last Agent to Sell the Property

Cheryl Cook

Re/Max Valley Shore License #RES.0773237 Listed on: 10/04/2018

Re/Max Valley Shore

Last Buyer's Agent

Kevin Geenty

Geenty Group REALTORS The License #REB.0751430

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,614

Year Built

  • Built in 1840

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Clap Board Siding
  • Vinyl Siding

Interior Spaces

  • 8 Full Bathrooms
  • 4,500 Sq Ft Home
  • Thermal Windows
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Home Security

  • Smart Lights or Controls
  • Storm Windows

Parking

  • 25 Car Garage
  • Parking Deck
  • Driveway

Eco-Friendly Details

  • Energy-Efficient Lighting

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Schools

  • Daisy Ingraham Elementary School
  • Westbrook High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 9 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,614

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 4500
  • Total Sq Ft: 4500
  • Year Built: 1840
  • Nearby Amenities: Commuter Bus, Private School(s), Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Route one to center of town
  • Special Features: None

Interior Features

  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full With Hatchway
  • Attic: Yes
  • Home Automation: Lighting

Exterior Features

  • Exterior Features: Deck, Porch, Sidewalk
  • Exterior Siding: Clapboard, Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved
  • Garages Number: 25
  • Driveway Type: Paved

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Green Features

  • Energy Features: Storm Windows, Thermopane Windows

Lot Info

  • Acres: 0.5000
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: CTC

Multi Family

  • Unit Count: 5
  • Total Multi Family: 9
  • Total Num Of Units: 9

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 8614
  • Mil Rate Base: 24.370
  • Assessor Parcel Number: 1038831

MLS Schools

  • Elementary School: Daisy Ingraham
  • High School: Westbrook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2018
Closed on
Jul 3, 2019
Sold by
Charbonneau Roger and Charbonneau Elaine
Bought by
Westbrook Place Llc
Seller's Agent
Cheryl Cook
Re/Max Valley Shore
Buyer's Agent
Kevin Geenty
Geenty Group REALTORS The
List Price
$925,000
Sold Price
$728,500
Premium/Discount to List
-$196,500
-21.24%
Current Estimated Value
$1,420,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$692,236
Avg. Annual Appreciation
10.98%
Original Mortgage
$582,800
Outstanding Balance
$512,459
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$908,277
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Westbrook Place Llc $728,500 --
Westbrook Place Llc $728,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westbrook Place Llc $582,800
Closed Westbrook Place Llc $582,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2019 07/03/19 Sold $728,500 -21.2% $162 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
10/04/2018 10/04/18 For Sale $925,000 -- $206 / 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 $10,721 $476,500 $169,720 $306,780
2024 $10,340 $476,500 $169,720 $306,780
2023 $10,159 $476,500 $169,720 $306,780
2022 $9,892 $476,500 $169,720 $306,780
2021 $8,936 $357,420 $148,620 $208,800
2020 $8,848 $353,920 $148,620 $205,300
2019 $8,720 $353,470 $148,620 $204,850
2018 $8,614 $353,470 $148,620 $204,850
2017 $8,614 $353,470 $148,620 $204,850
2016 $7,891 $341,020 $141,550 $199,470
2015 $7,676 $341,020 $141,550 $199,470
2014 $7,431 $341,020 $141,550 $199,470
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Cook

    Seller's Agent in 2019

    Cheryl Cook

    RE/MAX

    (860) 575-8462

    19 in this area

    68 Total Sales

    Cheryl Cook
    Section Image
  • Kevin Geenty

    Buyer's Agent in 2019

    Kevin Geenty

    Geenty Group REALTORS The

    (203) 484-9181

    1 in this area

    12 Total Sales

    Kevin Geenty
    Section Image
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Map

Source: SmartMLS

MLS Number: 170130228

SmartMLS

APN: WBRO-000177-000000-000026

Connecticut Middlesex County Westbrook 06498

1266 Boston Post Rd, Westbrook, CT

Not Listed for Sale

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