NOT LISTED FOR SALE

18 Summit St East Hampton, CT 06424

Estimated Value: $350,000

7 Beds
3 Baths
3,958 Sq Ft
$88/Sq Ft Est. Value

Last Sold October 25, 2022

Last sale price $310,000 $78 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,699/month

176 Days on Market

Highlights

  • Partially Wooded Lot
  • No HOA
  • Hot Water Heating System
  • Attic
  • Hot Water Circulator
  • Level Lot

About This Home

As of October 2022

Do not miss out on this incredible opportunity to own a beautiful 3 family home in the heart of East Hampton! Walking distance to the village center with shops, restaurants, a bakery and more as well as less than 10 minutes to Route 2, and 15 minutes to Middletown, the location could not be better. This large home offers plenty of space for yourself or for tenants with one unit to be vacant with 4 bedrooms, one full bath, and spacious first floor with kitchen, dining room, large living room and enclosed front porch. The other two units are currently occupied with long term up-to-date tenants! Check out this home for yourself, you will not be disappointed!

Last Agent to Sell the Property

Carl Guild

Carl Guild & Associates License #REB.0791933 Listed on: 03/19/2022

Carl Guild & Associates

Last Buyer's Agent

Preston Roth

Coldwell Banker Realty License #RES.0814561

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,438

Year Built

  • Built in 1848

Lot Details

  • 0.94 Acre Lot
  • Level Lot
  • Partially Wooded Lot

Home Design

  • Side-by-Side
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 3,958 Sq Ft Home
  • Storage In Attic
  • Unfinished Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • Dirt Driveway
  • Off-Street Parking

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Private Company Owned Well
  • Hot Water Circulator

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,438

Year Built

Built in 1848

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 3958
  • Public Record Living Room Sq Ft: 3958
  • Total Sq Ft: 3958
  • Year Built: 1848
  • Nearby Amenities: Basketball Court, Lake, Library, Playground/Tot Lot, Stables/Riding, Tennis Courts
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 8031
  • Tax Year Updated Dt: 07/18/2022
  • Directions: GPS Friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Storage Space
  • Basement Description: Unfinished
  • Attic: Yes
  • Street Number Modifier: 18

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Dirt

Utilities

  • Heat Type: Hot Water
  • Heat Fuel Type: Oil, Propane
  • Fuel Tank Location: Above Ground
  • Water Source: Private Well
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.9400
  • Lot Description: Level Lot, Lightly Wooded
  • Zoning: R-1S

Multi Family

  • Unit Count: 3
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 8438
  • Total Assessed Value: 243460
  • Mil Rate Base: 34.660
  • Mil Rate Total: 34.660
  • Assessor Parcel Number: 978233

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
Mar 19, 2022
Closed on
Oct 24, 2022
Sold by
Scribner Frederick S
Bought by
Addison Place Invs Llc
Seller's Agent
Carl Guild
Carl Guild & Associates
Buyer's Agent
Preston Roth
Coldwell Banker Realty
List Price
$359,900
Sold Price
$310,000
Premium/Discount to List
-$49,900
-13.86%
Views
106
Current Estimated Value
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,000
Avg. Annual Appreciation
4.35%
Original Mortgage
$232,500
Outstanding Balance
$223,055
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$126,945

Purchase Details

Closed on
Dec 1, 2021
Sold by
Havey Michael
Bought by
Havey Victoria P

Purchase Details

Closed on
Nov 4, 1991
Sold by
Curtis Lawrence D and Curtis Adair M
Bought by
Condon Helen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1991
Sold by
Condon Helen
Bought by
Havey Michael and Havey Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Addison Place Invs Llc -- None Available
Addison Place Invs Llc -- None Available
Scribner Frederick S $310,000 None Available
Scribner Frederick S $310,000 None Available
Havey Victoria P -- None Available
Havey Victoria P -- None Available
Condon Helen C $87,000 --
Havey Michael $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scribner Frederick S $232,500
Closed Scribner Frederick S $232,500
Previous Owner Havey Victoria P $162,000
Previous Owner Havey Michael $75,000
Previous Owner Havey Michael $45,000
Previous Owner Havey Michael $180,000
Closed Havey Michael $16,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2022 10/25/22 Sold $310,000 -8.8% $78 / Sq Ft
09/11/2022 09/11/22 Pending -- -- --
06/24/2022 06/24/22 Price Changed $339,900 -5.6% $86 / Sq Ft
06/19/2022 06/19/22 For Sale $359,900 +16.1% $91 / Sq Ft
06/18/2022 06/18/22 Off Market $310,000 -- --
03/19/2022 03/19/22 For Sale $359,900 -- $91 / 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 $9,668 $243,460 $43,380 $200,080
2024 $9,261 $243,460 $43,380 $200,080
2023 $8,779 $243,460 $43,380 $200,080
2022 $8,438 $243,460 $43,380 $200,080
2021 $8,407 $243,460 $43,380 $200,080
2020 $6,549 $197,620 $42,640 $154,980
2019 $6,881 $207,620 $45,590 $162,030
2018 $6,503 $207,620 $45,590 $162,030
2017 $6,503 $207,620 $45,590 $162,030
2016 $6,112 $207,620 $45,590 $162,030
2015 $5,582 $200,930 $57,730 $143,200
2014 $4,856 $200,930 $57,730 $143,200
Source: Public Records

Agents Affiliated with this Home

  • Carl Guild

    Seller's Agent in 2022

    Carl Guild

    Carl Guild & Associates

    (860) 813-2275

    74 in this area

    303 Total Sales

    Carl Guild
    Section Image
  • Preston Roth

    Buyer's Agent in 2022

    Preston Roth

    Coldwell Banker Realty

    (860) 662-0735

    2 in this area

    48 Total Sales

    Preston Roth
    Section Image
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Map

Source: SmartMLS

MLS Number: 170475105

SmartMLS

APN: EHAM-000006A-000059-000019

Connecticut Middlesex County East Hampton 06424

18 Summit St, East Hampton, CT

This home is located at 18 Summit St, East Hampton, CT 06424 since 19 March 2022 and is currently estimated at $350,000, approximately $88 per square foot. This property was built in 1848. 18 Summit St is a home located in Middlesex County with nearby schools including Memorial School, Center Elementary School, and East Hampton 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.

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