NOT LISTED FOR SALE

19 Downer St Pawcatuck, CT 06379

Estimated Value: $270,000 - $383,132

3 Beds
2 Baths
1,720 Sq Ft
$191/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $215,000 $125 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,046/month

7 Days on Market

Highlights

  • Property is near public transit
  • Attic
  • Porch
  • Stonington Middle School Rated A-
  • No HOA
  • Public Transportation

About This Home

As of October 2022

Investors take notice! Fantastic opportunity to own a multifamily property in Pawcatuck! Tucked away close to the heart of Westerly, Rhode Island this home is close to shopping, restaurants, beaches and more! Clear, level lot with a great backyard, perfect for entertaining. Schedule your showing today!

Last Agent to Sell the Property

Bill Heenan

William Raveis Real Estate License #REB.0754903 Listed on: 08/11/2022

William Raveis Real Estate

Co-Listed By

Amanda Girouard

CENTURY 21 Shutters & Sails License #REB.0795469

Last Buyer's Agent

Gail Reale

Compass Connecticut, LLC License #RES.0821003

Compass Connecticut, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,896

Year Built

  • Built in 1920

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 1,720 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Attic

  • Attic Floors
  • Storage In Attic
  • Walkup Attic

Parking

  • 2 Car Garage
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near shops

Schools

  • Stonington High School

Utilities

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

$2,896

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: Pawcatuck
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 1720
  • Public Record Living Room Sq Ft: 1720
  • Total Sq Ft: 1720
  • Year Built: 1920
  • Nearby Amenities: Library, Medical Facilities, Park, Public Transportation, Shopping/Mall
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3623
  • Directions: I-95 to Rt 2 (Liberty Street), left onto Downer St.
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up, Floored, Storage Space
  • Basement Description: Full, Unfinished
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 19

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Garages Number: 2

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic, Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Stonington
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.2200
  • Lot Description: Level Lot
  • Zoning: RH-10

Multi Family

  • Unit Count: 2
  • Total Multi Family: 8
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 2896
  • Total Assessed Value: 113100
  • Mil Rate Base: 23.660
  • Mil Rate Tax District: 1.950
  • Mil Rate Total: 25.610
  • Assessor Parcel Number: 2073597

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Stonington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Oct 31, 2022
Sold by
Gjc Llc
Bought by
Mercier Mark E
Seller's Agent
Bill Heenan
William Raveis Real Estate
Buyer's Agent
Gail Reale
Compass Connecticut, LLC
List Price
$249,900
Sold Price
$215,000
Premium/Discount to List
-$34,900
-13.97%
Views
172
Current Estimated Value
$329,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,033
Avg. Annual Appreciation
12.49%
Original Mortgage
$172,000
Outstanding Balance
$166,776
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$136,392

Purchase Details

Closed on
May 18, 2016
Sold by
Castagna Kathleen M
Bought by
Gjc Llc
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
Mercier Mark E $215,000 None Available
Mercier Mark E $215,000 None Available
Gjc Llc -- --
Gjc Llc -- --
Gjc Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercier Mark E $172,000
Closed Mercier Mark E $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $215,000 -14.0% $125 / Sq Ft
08/27/2022 08/27/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $249,900 0.0% $145 / Sq Ft
03/25/2014 03/25/14 Rented $775 0.0% --
03/25/2014 03/25/14 Under Contract -- -- --
03/11/2014 03/11/14 For Rent $775 +10.7% --
08/23/2012 08/23/12 Rented $700 -12.5% --
08/20/2012 08/20/12 Under Contract -- -- --
05/31/2012 05/31/12 For Rent $800 0.0% --
04/30/2012 04/30/12 Rented $800 -5.9% --
04/30/2012 04/30/12 Under Contract -- -- --
04/03/2012 04/03/12 For Rent $850 -- --
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 $3,624 $182,300 $52,600 $129,700
2024 $3,473 $182,300 $52,600 $129,700
2023 $3,494 $183,400 $52,600 $130,800
2022 $2,896 $113,100 $48,900 $64,200
2021 $2,901 $113,100 $48,900 $64,200
2020 $2,846 $113,100 $48,900 $64,200
2019 $2,840 $113,100 $48,900 $64,200
2018 $2,744 $113,100 $48,900 $64,200
2017 $2,440 $99,100 $43,400 $55,700
2016 $2,373 $99,100 $43,400 $55,700
2015 $2,228 $99,100 $43,400 $55,700
2014 $2,179 $99,100 $43,400 $55,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170513793

SmartMLS

APN: STON-000003-000012-000019