NOT LISTED FOR SALE

16 Margo Ct Cromwell, CT 06416

Estimated Value: $241,000 - $256,000

2 Beds
1.5 Baths
1,368 Sq Ft
$181/Sq Ft Est. Value

Last Sold June 20, 2019

Last sale price $80,000 $58 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $1,999/month

3 Days on Market

Highlights

  • Concrete Pool
  • Clubhouse
  • Partially Wooded Lot
  • Cromwell High School Rated A-
  • Property is near public transit and bus stop
  • 1 Fireplace

About This Home

As of June 2019

Opportunity, opportunity, opportunity! Great opportunity for Investors or first time home-buyers. Townhouse/Condo being offered in well established Cromwell Hills Complex. This Condo offers many possibilities so come with your imagination, creativity and get ready to make it your own! This unit butts up along a quiet and tranquil setting in backyard. You will feel peaceful and secluded. Balcony off of Master bedroom to enjoy your morning coffee or a quiet evening. Come and take a look! At this price you will not want to miss this opportunity! This is an Estate and is subject to Probate approval.

Last Agent to Sell the Property

Laura Maturo

William Raveis Real Estate License #RES.0798774 Listed on: 05/10/2019

William Raveis Real Estate

Last Buyer's Agent

Jody Bonaiuto

William Raveis Real Estate License #RES.0756874

William Raveis Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,050

Year Built

  • Built in 1973

HOA Fees

  • $345 Monthly HOA Fees

Home Design

  • Clap Board Siding

Interior Spaces

  • 1,368 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher
  • Smart Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Home Security

  • Smart Lights or Controls
  • Smart Thermostat

Parking

  • Paved Parking
  • Guest Parking
  • Visitor Parking
  • Parking Lot

Pool

  • Concrete Pool
  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Rain Gutters

Schools

  • Edna C. Stevens Elementary School
  • Cromwell Middle School
  • Woodside Middle School
  • Cromwell High School

Utilities

  • Central Air
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Modified Wall Outlets
  • Energy-Efficient Lighting
  • Partially Wooded Lot
  • Property is near public transit and bus stop

Community Details

Overview

  • Association fees include club house, grounds maintenance, trash pickup, snow removal, property management, pool service, road maintenance, insurance
  • 316 Units
  • Cromwell Hills Community

Amenities

  • Public Transportation
  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,050

Year Built

Built in 1973

Lot Details

0

HOA Fees

$345 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1368
  • Public Record Living Room Sq Ft: 1368
  • Total Sq Ft: 1368
  • Year Built: 1973
  • Nearby Amenities: Commuter Bus, Health Club, Library, Medical Facilities, Park, Public Rec Facilities, Public Transportation, Walk to Bus Lines
  • Association Amenities: Club House, Guest Parking, Private Rec Facilities, Pool, Tennis Courts
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • Encumbrances Restrictions: Boats, Trailer(S), Truck(S), Subject to Probate
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 2323
  • Directions: Route 372 To Cromwell Hills
  • Special Features: None

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full, Unfinished
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Laundry Room Location: Basement
  • Laundry Room Info: Lower Level
  • Attic: No
  • Home Automation: Appliances, Electric Outlet(s), Lighting, Thermostat(s)

Exterior Features

  • Exterior Features: Balcony, Gutters, Lighting, Patio, Sidewalk
  • Exterior Siding: Clapboard
  • Swimming Pool: Yes
  • Pool: In Ground Pool, Safety Fence, Concrete

Garage/Parking

  • Garage Parking Info: Paved, Assigned Parking, Parking Lot

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Club House, Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Pool Service, Road Maintenance, Insurance
  • Complex Name: Cromwell Hills
  • HOA Fees: 345
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Unit Owners Association

Schools

  • Intermediate School: Woodside

Lot Info

  • Lot Description: Level Lot, Lightly Wooded
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R-15

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 3050
  • Mil Rate Base: 32.830
  • Assessor Parcel Number: 2384300

Multi Family

  • Total Num Of Units: 316

MLS Schools

  • Elementary School: Edna C. Stevens
  • Middle Jr High School: Cromwell
  • High School: Cromwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2020
Sold by
Bonaiuto Jody and Chaffee Paula
Bought by
Vecchitt Kari
Current Estimated Value
$247,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,993
Outstanding Balance
$144,531
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$102,581

Purchase Details

Listed on
May 10, 2019
Closed on
May 31, 2019
Sold by
Shrader Melisssa B Est
Bought by
Chaffee Paula L and Bonaiuto-Jones Jody
Seller's Agent
Laura Maturo
William Raveis Real Estate
Buyer's Agent
Jody Bonaiuto
William Raveis Real Estate
List Price
$99,000
Sold Price
$80,000
Premium/Discount to List
-$19,000
-19.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.63%
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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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
Vecchitt Kari $166,000 None Available
Chaffee Paula L $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vecchitt Kari $162,993
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2019 06/20/19 Sold $80,000 -19.2% $58 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $99,000 -- $72 / 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 $4,112 $133,560 $0 $133,560
2024 $4,016 $133,560 $0 $133,560
2023 $3,928 $133,560 $0 $133,560
2022 $3,096 $92,890 $0 $92,890
2021 $3,096 $92,890 $0 $92,890
2020 $3,050 $92,890 $0 $92,890
2019 $3,050 $92,890 $0 $92,890
2018 $3,050 $92,890 $0 $92,890
2017 $2,665 $78,530 $0 $78,530
2016 $2,641 $78,530 $0 $78,530
Source: Public Records

Agents Affiliated with this Home

  • Laura Maturo

    Seller's Agent in 2019

    Laura Maturo

    William Raveis Real Estate

    (860) 810-0946

    1 in this area

    18 Total Sales

    Laura Maturo
    Section Image
  • Jody Bonaiuto

    Buyer's Agent in 2019

    Jody Bonaiuto

    William Raveis Real Estate

    (860) 214-4152

    7 in this area

    105 Total Sales

    Jody Bonaiuto
    Section Image
  • Linda O'Hara

    Buyer Co-Listing Agent in 2019

    Linda O'Hara

    William Raveis Real Estate

    (860) 209-7044

    6 in this area

    128 Total Sales

    Linda O'Hara
    Section Image
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Map

Source: SmartMLS

MLS Number: 170193790

SmartMLS

APN: CROM-000021-000012-000024-000034-23

Connecticut Middlesex County Cromwell 06416

16 Margo Ct, Cromwell, CT

Not Listed for Sale

Townhouses

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