NOT LISTED FOR SALE

16 Brown Ave Griswold, CT 06351

Estimated Value: $261,000 - $330,193

6 Beds
3 Baths
2,040 Sq Ft
$152/Sq Ft Est. Value

Last Sold September 10, 2024

Last sale price $265,000 $130 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,945/month

2 Days on Market

About This Home

As of September 2024

Spacious 3-Family Home with Tremendous Potential: This large functional 3-family home features a distinct apartment on each floor, making it a fantastic investment opportunity. With a bit of TLC, this property can shine. Key updates have already been completed, including a new roof (6 years old), a furnace (10 years old), decks (10 years ago) and new electrical service and panels (5 years old). The house also boasts durable vinyl siding. The first floor hosts a 1-bedroom apartment, the second floor has a 3-bedroom apartment with washer/dryer hookups (to be conveyed vacant, ideal for owner-occupancy or renovation), and the third floor includes a 2-bedroom apartment with washer/dryer hookups. Whether you're an investor looking to expand your portfolio or a homeowner seeking additional rental income, this property offers immense potential. Don't miss out on this unique opportunity! OFFERS due Monday 7/15 by 9pm.

Last Agent to Sell the Property

Heather Bassett

Team Bassett Realty LLC License #REB.0794977 Listed on: 07/10/2024

Last Buyer's Agent

Andrea Vizthum

Malek Real Estate License #RES.0827271

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,495

Year Built

  • Built in 1920

Lot Details

  • 0.34 Acre Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,040 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Schools

  • Griswold Elementary School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 1479641

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,495

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: Jewett City
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2040
  • Total Sq Ft: 2040
  • Year Built: 1920
  • New Construction: No/Resale
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Directions: GPS friendly
  • Financing Used: Conventional Fixed
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Attic: Yes

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric, Upright Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer In Street

Lot Info

  • Acres: 0.34
  • Lot Description: N/A
  • Zoning: B-R
  • Parcel #: 1479641

Multi Family

  • Total Number Of Units: 3

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 3495

MLS Schools

  • Elementary School: Griswold
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Jul 31, 2024
Sold by
Houle Seth
Bought by
Pineda Fredys A and Torres Glenda L
Seller's Agent
Heather Bassett
Team Bassett Realty LLC
Buyer's Agent
Andrea Vizthum
Malek Real Estate
List Price
$225,000
Sold Price
$265,000
Premium/Discount to List
$40,000
17.78%
Views
42
Current Estimated Value
$311,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,048
Avg. Annual Appreciation
12.31%
Original Mortgage
$212,000
Outstanding Balance
$209,339
Interest Rate
6.73%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$101,709

Purchase Details

Closed on
Mar 11, 2004
Sold by
Browning Paula
Bought by
Houle Seth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,706
Interest Rate
5.67%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Pineda Fredys A -- None Available
Houle Seth $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pineda Fredys A $212,000
Previous Owner Houle Seth $163,706
Previous Owner Houle Seth $94,000
Previous Owner Houle Seth $101,250
Previous Owner Houle Seth $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2024 09/10/24 Sold $265,000 +17.8% $130 / Sq Ft
07/16/2024 07/16/24 Pending -- -- --
07/13/2024 07/13/24 For Sale $225,000 -- $110 / Sq Ft
Source: SmartMLS

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 $3,524 $114,800 $29,190 $85,610
2024 $3,495 $114,800 $29,190 $85,610
2023 $3,325 $114,800 $29,190 $85,610
2022 $3,287 $114,800 $29,190 $85,610
2021 $3,747 $115,500 $31,290 $84,210
2020 $3,758 $115,290 $31,290 $84,000
2019 $3,701 $115,290 $31,290 $84,000
2018 $3,222 $115,290 $31,290 $84,000
2017 $3,183 $115,290 $31,290 $84,000
2016 $3,173 $117,250 $35,490 $81,760
2015 $3,115 $117,250 $35,490 $81,760
2014 $3,058 $117,250 $35,490 $81,760
Source: Public Records

Agents Affiliated with this Home

  • Heather Bassett

    Seller's Agent in 2024

    Heather Bassett

    Team Bassett Realty LLC

    (860) 334-1693

    103 Total Sales

    Heather Bassett
    Section Image

  • A

    Buyer's Agent in 2024

    Andrea Vizthum

    Malek Real Estate

    (401) 204-2864

    7 Total Sales

    Andrea Vizthum
    Section Image
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Map

Source: SmartMLS

MLS Number: 24031782

SmartMLS

APN: GRIS-000027-000019-000010

Connecticut New London County Griswold 06351

16 Brown Ave, Griswold, CT

Not Listed for Sale

MultiFamily

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