NOT LISTED FOR SALE

179 S Main St Colchester, CT 06415

Estimated Value: $184,724 - $394,000

4 Beds
2 Baths
3,064 Sq Ft
$93/Sq Ft Est. Value

Last Sold January 14, 2020

Last sale price $75,000 $24 Per Sq Ft

Est. 281% increase in value since last sale

Current estimated payment $1,894/month

8 Days on Market

Highlights

  • The property is located in a historic district
  • Property is near public transit
  • No HOA
  • William J. Johnston Middle School Rated A-
  • Attic
  • Public Transportation

About This Home

As of January 2020

Downtown location. The House is currently a 2 family, but can be single family or get approval for your business use. House was built circa 1880, known as the "Cutler House". Own a piece of Colchester's history. Over 3000 sq ft Post and beam construction with a 3rd floor attic partially finished. Need to do total rehab, but worth it for the location. Also, has an add on barn and shed on a level lot. House is being sold as is. Inspections are for buyers information only. Also under Commercial listing:170254577

Last Agent to Sell the Property

Jack Faski

Skyview Realty LLC License #REB.0757798 Listed on: 11/25/2019

Co-Listed By

Matthew Faski

Skyview Realty LLC License #RES.0794152

Last Buyer's Agent

Jack Faski

Skyview Realty LLC License #REB.0757798 Listed on: 11/25/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,345

Year Built

  • Built in 1880

Lot Details

  • 0.7 Acre Lot
  • Level Lot

Parking

  • Dirt Driveway

Home Design

  • 3,064 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Attic

  • Walkup Attic
  • Partially Finished Attic

Basement

  • Basement Fills Entire Space Under The House
  • Dirt Floor

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop
  • The property is located in a historic district

Schools

  • Colchester Elementary School
  • Bacon Academy High School

Utilities

  • Radiator
  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,345

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3064
  • Public Record Living Room Sq Ft: 3064
  • Total Sq Ft: 3064
  • Year Built: 1880
  • Nearby Amenities: Park, Public Rec Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 6568
  • Directions: Rt 85 Town Center
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up, Partially Finished
  • Basement Description: Full With Hatchway, Dirt Floor
  • Attic: Yes
  • Street Number Modifier: 179

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway
  • Driveway Type: Private, Dirt

Utilities

  • Heat Type: Hot Water, Radiator, No Heat
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Colchester
  • High School: Bacon Academy

Lot Info

  • Acres: 0.7000
  • Lot Description: Historic District, Level Lot
  • Zoning: R30

Multi Family

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

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 3345
  • Total Assessed Value: 101850
  • Mil Rate Base: 32.840
  • Mil Rate Total: 32.840
  • Assessor Parcel Number: 2336368

MLS Schools

  • Elementary School: Colchester
  • High School: Bacon Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2019
Closed on
Jan 12, 2020
Sold by
Andrew Norton T
Bought by
29 Pierce Lane Llc
Seller's Agent
Jack Faski
Skyview Realty LLC
Buyer's Agent
Jack Faski
Skyview Realty LLC
List Price
$95,000
Sold Price
$75,000
Premium/Discount to List
-$20,000
-21.05%
Total Days on Market
8
Current Estimated Value
$285,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,931
Avg. Annual Appreciation
23.32%
Original Mortgage
$67,500
Outstanding Balance
$60,774
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$172,315
Source: Public Records

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Range of Values:

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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
29 Pierce Lane Llc $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 29 Pierce Lane Llc $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2020 01/14/20 Sold $75,000 -21.1% $24 / Sq Ft
12/03/2019 12/03/19 Pending -- -- --
11/25/2019 11/25/19 For Sale $95,000 -- $31 / 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 $3,535 $123,300 $31,200 $92,100
2023 $3,356 $123,300 $31,200 $92,100
2022 $3,339 $123,300 $31,200 $92,100
2021 $3,345 $101,850 $34,800 $67,050
2020 $3,345 $101,850 $34,800 $67,050
2019 $3,345 $101,850 $34,800 $67,050
2018 $3,864 $119,700 $34,800 $84,900
2017 $5,098 $157,500 $34,800 $122,700
2016 $4,980 $161,100 $45,200 $115,900
2015 $4,955 $161,100 $45,200 $115,900
2014 $4,925 $161,100 $45,200 $115,900
Source: Public Records

Agents Affiliated with this Home

  • Jack Faski

    Seller's Agent in 2020

    Jack Faski

    Skyview Realty LLC

    (860) 214-1147

    63 in this area

    84 Total Sales

    Jack Faski
    Section Image
  • Matthew Faski

    Seller Co-Listing Agent in 2020

    Matthew Faski

    Skyview Realty LLC

    (860) 334-7188

    36 in this area

    53 Total Sales

    Matthew Faski
    Section Image
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Map

Source: SmartMLS

MLS Number: 170254473

SmartMLS

APN: COLC-000017-000000-000013

Connecticut New London County Colchester 06415

179 S Main St, Colchester, CT

This home is located at 179 S Main St, Colchester, CT 06415 since 25 November 2019 and is currently estimated at $285,931, approximately $93 per square foot. This property was built in 1880. 179 S Main St is a home located in New London County with nearby schools including Colchester Elementary School, Jack Jackter Intermediate School, and William J. Johnston Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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