NOT LISTED FOR SALE

1742 Route 12 Unit 1E Gales Ferry, CT 06335

Estimated Value: $166,000 - $183,000

2 Beds
1 Bath
936 Sq Ft
$380/mo HOA Fee

Last Sold February 08, 2022

Last sale price $115,000 $123 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,467/month

32 Days on Market

Highlights

  • Deck
  • Partially Wooded Lot
  • Public Transportation
  • Property is near public transit
  • Attic
  • Ceiling Fan

About This Home

As of February 2022

Renovated two bedroom, one bath townhouse style condominium conveniently located to the Naval Station, General Dynamics/Electric Boat, Casinos, shopping, restaurants and highways. Freshly painted, new carpeting, white cabinetry in kitchen, butcher block counters and backsplash, open style living room/dining room with sliders to deck, assigned parking for two cars and shared storage in basement. Water, heat, insurance, grounds maintenance plus property management included in HOA fees!

Last Agent to Sell the Property

Katy Schargus

RE/MAX on the Bay License #REB.0756527 Listed on: 11/04/2021

RE/MAX on the Bay

Last Buyer's Agent

Tom Currier

Century 21 AllPoints Realty License #REB.0153065

Century 21 AllPoints Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,548

Year Built

  • Built in 1976

Lot Details

  • Partially Wooded Lot

HOA Fees

  • $380 Monthly HOA Fees

Home Design

  • Frame Construction
  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 936 Sq Ft Home
  • Ceiling Fan
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Parking Deck
  • Paved Parking

Outdoor Features

  • Deck
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near shops

Utilities

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

Community Details

Overview

  • 48 Units
  • Pheasant Run Community

Amenities

  • Public Transportation
  • Coin Laundry

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,548

Year Built

Built in 1976

Lot Details

0

HOA Fees

$380 per month

Listing Details

  • Neighborhood: Pheasant Run
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 936
  • Public Record Living Room Sq Ft: 936
  • Total Sq Ft: 936
  • Year Built: 1976
  • Nearby Amenities: Library, Public Transportation, Shopping/Mall
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1036
  • Directions: Route 12 to 1742 Pheasant Run
  • Special Features: None

Interior Features

  • Room Count: 1
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Appliances: Electric Range, Refrigerator, Dishwasher
  • Laundry Room Info: Coin Op Laundry, Common Laundry Area
  • Attic: Yes
  • Street Number Modifier: 1742

Exterior Features

  • Exterior Features: Deck, Gutters, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No
  • Construction Description: Frame, Concrete

Garage/Parking

  • Garage Parking Info: Paved, Assigned Parking

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Shared Septic

Condo/Co-op/Association

  • Complex Name: Pheasant Run
  • Levels In Unit: 2
  • HOA Fees: 380
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Manager Name: Joe Calvo
  • Property Manager Phone: 860 456-4217

Schools

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

Lot Info

  • Lot Description: Level Lot, Lightly Wooded
  • Flood Zone: No
  • Zoning: R40

Rental Info

  • Pets Allowed Info: one dog or one cat
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 1548
  • Total Assessed Value: 46060
  • Mil Rate Base: 33.600
  • Mil Rate Total: 33.600
  • Assessor Parcel Number: 1511034

Multi Family

  • Total Num Of Units: 48

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Feb 8, 2022
Sold by
Demarco David
Bought by
Wing David M
Seller's Agent
Katy Schargus
RE/MAX on the Bay
Buyer's Agent
Tom Currier
Century 21 AllPoints Realty
List Price
$119,000
Sold Price
$115,000
Premium/Discount to List
-$4,000
-3.36%
Current Estimated Value
$178,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,117
Avg. Annual Appreciation
10.79%
Original Mortgage
$86,250
Outstanding Balance
$80,403
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$86,590

Purchase Details

Listed on
Nov 5, 2020
Closed on
Jan 12, 2021
Sold by
Stoner Andrew
Bought by
Demarco David
Seller's Agent
Katy Fetherston
Compass Connecticut, LLC
Buyer's Agent
Katy Schargus
RE/MAX on the Bay
List Price
$89,900
Sold Price
$76,000
Premium/Discount to List
-$13,900
-15.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.27%

Purchase Details

Closed on
Mar 31, 2010
Sold by
Fhlmc
Bought by
Stoner Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,600
Interest Rate
4.94%

Purchase Details

Closed on
Jan 11, 2010
Sold by
Gmac Mortgage Llc
Bought by
Fhlmc

Purchase Details

Closed on
Dec 28, 2009
Sold by
Galcyznski Margaret R
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Nov 19, 2003
Sold by
Hutch Gary
Bought by
Galczynski Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.98%

Purchase Details

Closed on
Jan 7, 1999
Sold by
Beierschmitt William P
Bought by
Hatch Gary W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
6.8%
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
Wing David M $115,000 None Available
Demarco David $76,000 None Available
Stoner Andrew $73,000 --
Fhlmc -- --
Gmac Mortgage Llc -- --
Galczynski Margaret $75,000 --
Hatch Gary W $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wing David M $86,250
Previous Owner Hatch Gary W $71,600
Previous Owner Hatch Gary W $96,000
Previous Owner Hatch Gary W $60,000
Previous Owner Hatch Gary W $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2022 02/08/22 Sold $115,000 -3.4% $123 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $119,000 +56.6% $127 / Sq Ft
01/15/2021 01/15/21 Sold $76,000 -4.9% $81 / Sq Ft
12/15/2020 12/15/20 Pending -- -- --
12/04/2020 12/04/20 Price Changed $79,900 -11.1% $85 / Sq Ft
11/05/2020 11/05/20 For Sale $89,900 -- $96 / 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 $1,711 $46,060 $0 $46,060
2024 $1,622 $46,060 $0 $46,060
2023 $1,592 $46,060 $0 $46,060
2022 $1,558 $46,060 $0 $46,060
2021 $1,548 $46,060 $0 $46,060
2020 $1,398 $39,970 $0 $39,970
2019 $1,401 $39,970 $0 $39,970
2018 $1,371 $39,970 $0 $39,970
2017 $1,301 $39,970 $0 $39,970
2016 $1,275 $39,970 $0 $39,970
2015 $1,215 $39,970 $0 $39,970
2014 $2,028 $67,830 $0 $67,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170449014

SmartMLS

APN: LEDY-000061-002120-017421E