NOT LISTED FOR SALE

2 Gates Rd Essex, CT 06426

Estimated Value: $339,000 - $615,422

3 Beds
2.5 Baths
1,579 Sq Ft
$322/Sq Ft Est. Value

Last Sold January 17, 2019

Last sale price $216,000 $137 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $3,849/month

119 Days on Market

Highlights

  • The property is located in a historic district
  • Colonial Architecture
  • Corner Lot
  • Valley Regional High School Rated A-
  • Property is near public transit and shops
  • No HOA

About This Home

As of January 2019

Priced to move! Recently renovated 3 bedroom, 2.5 bathroom antique home in SUPERB location. Gates Rd is tucked off of Middlesex Turnpike in Essex Village, one of the CT shoreline's most desirable neighborhoods. Enjoy a 10 minute stroll to Historic Main Street Essex Village. Easy commute from I-95 or Route 9.
This historically significant house will be a labor of love in a sensational location for the right buyer.

Last Agent to Sell the Property

Emily Knight

Sunset Creek Realty, LLC License #RES.0804625 Listed on: 08/25/2018

Last Buyer's Agent

Allyson Cotton

William Pitt Sotheby's Int'l License #REB.0793689

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,643

Year Built

  • Built in 1845

Lot Details

  • 0.45 Acre Lot
  • Stone Wall
  • Corner Lot
  • Garden
  • Property is zoned 100T

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shingle Siding
  • Masonry

Interior Spaces

  • 1,579 Sq Ft Home
  • Thermal Windows
  • Laundry on upper level

Kitchen

  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Partial Basement
  • Interior Basement Entry
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Breezeway

Location

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

Schools

  • Essex Elementary School
  • Valley High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Baseboard Heating
  • Heating System Uses Oil
  • Private Company Owned Well
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,643

Year Built

Built in 1845

Lot Details

0

Listing Details

  • Neighborhood: Essex Village
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1579
  • Public Record Living Room Sq Ft: 1579
  • Total Sq Ft: 1579
  • Year Built: 1845
  • Nearby Amenities: Library, Park, Playground/Tot Lot, Public Rec Facilities, Public Transportation, Shopping/Mall, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2778
  • Directions: Middlesex Turnpike -> Gates Rd. Home is on the corner of Cedar Grove Terrace & Gates
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Description: Partial With Hatchway, Crawl Space, Interior Access
  • Interior Amenities: Cable - Available
  • Appliances: Cook Top, Oven/Range, Microwave, Refrigerator, Freezer, Dishwasher
  • Additional Rooms: Breezeway
  • Laundry Room Info: Upper Level
  • Attic: No

Exterior Features

  • Exterior Features: Breezeway, Garden Area, Stone Wall
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Masonry, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Paved

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Radiator
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.4500
  • Lot Description: Historic District, Corner Lot
  • Flood Zone: No
  • Zoning: 100T

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 4643
  • Mil Rate Base: 21.850
  • Assessor Parcel Number: 986059

MLS Schools

  • Elementary School: Essex
  • High School: Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2018
Closed on
Jan 10, 2019
Sold by
Nathan Monica
Bought by
Debonis Joseph V and Debonis Theresa M
Seller's Agent
Emily Knight
Sunset Creek Realty, LLC
Buyer's Agent
Allyson Cotton
William Pitt Sotheby's Int'l
List Price
$289,000
Sold Price
$216,000
Premium/Discount to List
-$73,000
-25.26%
Current Estimated Value
$651,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,804
Avg. Annual Appreciation
12.98%

Purchase Details

Listed on
Apr 18, 2015
Closed on
Oct 5, 2015
Sold by
Garrity Dennis J Est
Bought by
Nathan Monica
Seller's Agent
Yolanda Lowe
William Pitt Sotheby's Int'l
Buyer's Agent
Carol Frost
Compass Connecticut, LLC
List Price
$217,000
Sold Price
$162,500
Premium/Discount to List
-$54,500
-25.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%
Original Mortgage
$138,125
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 1989
Sold by
Landers Donald F
Bought by
Weinstein Lewis E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
10.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Debonis Joseph V $216,000 --
Debonis Joseph V $216,000 --
Nathan Monica $162,500 --
Nathan Monica $162,500 --
Weinstein Lewis E $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weinstein Lewis E $138,125
Previous Owner Weinstein Lewis E $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/17/2019 01/17/19 Sold $216,000 -13.3% $137 / Sq Ft
12/22/2018 12/22/18 Pending -- -- --
12/06/2018 12/06/18 Price Changed $249,000 -7.4% $158 / Sq Ft
10/16/2018 10/16/18 Price Changed $269,000 -6.9% $170 / Sq Ft
08/25/2018 08/25/18 For Sale $289,000 +77.8% $183 / Sq Ft
10/02/2015 10/02/15 Sold $162,500 -25.1% $114 / Sq Ft View Prior Sale
07/31/2015 07/31/15 Pending -- -- --
04/18/2015 04/18/15 For Sale $217,000 -- $152 / 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 $5,565 $298,700 $98,100 $200,600
2024 $5,392 $298,700 $98,100 $200,600
2023 $4,606 $203,900 $83,400 $120,500
2022 $4,618 $203,900 $83,400 $120,500
2021 $4,573 $203,900 $83,400 $120,500
2020 $4,447 $203,900 $83,400 $120,500
2019 $4,391 $202,800 $83,400 $119,400
2018 $4,643 $212,500 $80,600 $131,900
2017 $4,667 $212,500 $80,600 $131,900
2016 $4,187 $194,000 $80,600 $113,400
2015 $4,090 $194,000 $80,600 $113,400
2014 $4,072 $194,000 $80,600 $113,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170117989

SmartMLS

APN: ESSE-000069-000000-000028