NOT LISTED FOR SALE

Estimated Value: $439,000 - $553,000

6 Beds
4 Baths
2,544 Sq Ft
$195/Sq Ft Est. Value

Last Sold January 17, 2018

Last sale price $242,000 $95 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $3,279/month

93 Days on Market

Highlights

  • Deck
  • Zoned Heating
  • Garden
  • No HOA
  • Property is near shops
  • Ceiling Fan

About This Home

As of January 2018

How about a duplex in beautiful Mystic! Buy as an Investment property or live in one side while the other is rented. Each unit has 1272 sq ft with 3 bedrooms and 1.5 baths! A quick drive to the Village, Drawbridge, markets, Electric Boat, Casinos, and the freeway. Partially finished walk-out basements have potential for additional living area(s). Units provide separate utilities and both have washer/dryer hook-ups. Private decks for entertaining overlook sloped backyard that leads directly to the community playground. Boost your portfolio or take this affordable opportunity to become a resident of beautiful Mystic!

Last Agent to Sell the Property

Cristina Ballelli

William Raveis Real Estate License #RES.0785423 Listed on: 09/06/2017

William Raveis Real Estate

Last Buyer's Agent

Matthew Longino

Longino Real Estate License #REB.0758866

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,555

Year Built

  • Built in 1986

Lot Details

  • 0.35 Acre Lot
  • Garden

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,544 Sq Ft Home
  • Ceiling Fan
  • Concrete Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Basement Storage

Parking

  • Parking Deck
  • Gravel Driveway
  • Shared Driveway
  • Off-Street Parking
  • Unassigned Parking

Outdoor Features

  • Deck
  • Rain Gutters

Location

  • Property is near shops

Schools

  • Fitch Senior High School

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Underground Utilities
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,555

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Neighborhood: Mystic
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2544
  • Public Record Living Room Sq Ft: 2544
  • Total Sq Ft: 2544
  • Year Built: 1986
  • Nearby Amenities: Library, Playground/Tot Lot, Shopping/Mall
  • 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: 2544
  • Directions: Exit 89 to Mystic Street. Left at Ledgeland, turn left to Dartmouth Drive.
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement Description: Partial With Walk-Out, Partially Finished, Concrete Floor, Storage
  • Laundry Room Info: All Units Have Hook-Ups, Basement Hook-Up(s)
  • Attic: No
  • Street Number Modifier: 139

Exterior Features

  • Exterior Features: Deck, Garden Area, Gutters, Underground Utilities
  • Exterior Siding: Vinyl Siding, Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Unassigned Parking, Driveway, Off Street Parking
  • Driveway Type: Shared, Gravel

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard, Zoned
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.3500
  • Lot Description: N/A
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RU-20

Multi Family

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

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 4555
  • Total Assessed Value: 171360
  • Mil Rate Base: 23.630
  • Mil Rate Tax District: 2.950
  • Mil Rate Total: 26.580
  • Assessor Parcel Number: 1958339

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2017
Closed on
Jan 17, 2018
Sold by
Bates Maricel E and Muir Stephen
Bought by
Nelson Michael J
Seller's Agent
Cristina Ballelli
William Raveis Real Estate
Buyer's Agent
Matthew Longino
Longino Real Estate
List Price
$265,000
Sold Price
$242,000
Premium/Discount to List
-$23,000
-8.68%
Total Days on Market
93
Current Estimated Value
$496,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,802
Avg. Annual Appreciation
9.99%
Original Mortgage
$237,357
Outstanding Balance
$204,891
Interest Rate
3.94%
Mortgage Type
FHA
Estimated Equity
$286,927

Purchase Details

Closed on
Jul 10, 2002
Sold by
Billington Albert W and Billington Bonnie M
Bought by
Muir Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,525
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
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
Nelson Michael J $242,000 --
Muir Stephen $192,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Michael J $237,357
Closed Nelson Michael J $20,825
Previous Owner Muir Stephen $25,500
Previous Owner Muir Stephen $189,525
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2018 01/17/18 Sold $242,000 -8.7% $95 / Sq Ft
12/08/2017 12/08/17 Pending -- -- --
09/06/2017 09/06/17 For Sale $265,000 -- $104 / 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 $6,264 $244,860 $100,702 $144,158
2023 $6,006 $244,860 $38,920 $205,940
2022 $5,962 $244,860 $38,920 $205,940
2021 $4,949 $171,360 $43,260 $128,100
2020 $4,896 $171,360 $43,260 $128,100
2019 $4,687 $171,360 $43,260 $128,100
2018 $4,639 $171,360 $43,260 $128,100
2017 $4,555 $171,360 $43,260 $128,100
2016 $4,284 $173,600 $54,110 $119,490
2015 $4,140 $173,600 $54,110 $119,490
2014 $4,024 $173,600 $54,110 $119,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170011230

SmartMLS

APN: GROT-002609-000887-009832