NOT LISTED FOR SALE

207 S Main St Colchester, CT 06415

Estimated Value: $412,000 - $518,683

6 Beds
4 Baths
2,888 Sq Ft
$163/Sq Ft Est. Value

Last Sold March 13, 2024

Last sale price $454,500 $157 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,884/month

261 Days on Market

Highlights

  • ENERGY STAR Certified Homes
  • Property is near public transit
  • Attic
  • William J. Johnston Middle School Rated A-
  • Finished Attic
  • Heated Enclosed Porch

About This Home

As of March 2024

$57420 income! Great investment or owner occ w/great income. Op expenses only $5491. Beautifully restored Colonial within walking distance of town center, green, local eateries, coffee shops and shopping. - 1st fl Use it as up to 4 bedrm w/2 kitchens & 2 baths or for someone wanting an au-pair, inlaw or other layout; Use your imagination, it has 2 fully applianced eat-in kitchens w/granite counters, 2 tiled baths, office/study, 2 separate patios (1 w/pavers & pergola), 2 separate electric meters for 1st fl, 2 separate entry. 1st fl rent $2890. - The 2nd/3rd floor is a Townhouse style apartment. Rent is $1895/month+ util. It has a master bedrm, full bath on 2nd fl plus 2 bedrms ea w/its own closet & ea w/150 SF+ storage. A full bath serves these 2 bedrms. 2nd fl features an open floor plan eat-in kitchen w/granite counters, under-cabinet lighting, a food pantry & laundry closet w/washer/dryer. Living room is open to kitchen. Convenient propane forced warm air furnace - Adt'l features: New New New Roof, Siding, Doors, Windows, Insulation, Flooring, Plumbing, Electric, 3 Meters, Ceiling fans, Recessed, Pendent & Under Cab Lighting. Prof landscape, 2 Patios 1 w/pavers & Pergola, Bird Feeders & bird-baths. doors. Barn-wood wainscoting, Vintage style plank flooring. - Nothing like this anywhere! Current annual income is $57,420 with potential to over $60,000! Tenants pay their own utilities and cold water, sewer and trash collection.

Last Agent to Sell the Property

Joseph Raffone

Raffone Realty License #REB.0750626 Listed on: 06/26/2023

Last Buyer's Agent

Sean Wilding

LPT Realty - IConn Team License #RES.0818134

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,754

Year Built

  • Built in 1824

Lot Details

  • 8,276 Sq Ft Lot
  • Stone Wall
  • Level Lot
  • Garden

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Ridge Vents on the Roof
  • Vinyl Siding

Interior Spaces

  • 2,888 Sq Ft Home
  • Thermal Windows
  • Heated Enclosed Porch
  • Basement Fills Entire Space Under The House
  • Smart Appliances

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Attic

  • Walkup Attic
  • Finished Attic

Home Security

  • Smart Lights or Controls
  • Smart Thermostat

Parking

  • 6 Parking Spaces
  • Private Driveway

Accessible Home Design

  • Modified Wall Outlets
  • Multiple Entries or Exits

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • ENERGY STAR Certified Homes

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near a golf course

Schools

  • Colchester Elementary School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Programmable Thermostat
  • Electric Water Heater

Community Details

  • 2 Units
  • Public Transportation
  • Gross Income $57,450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,754

Year Built

Built in 1824

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2888
  • Total Sq Ft: 2888
  • Year Built: 1824
  • New Construction: No/Resale
  • Nearby Amenities: Commuter Bus, Golf Course, Lake, Medical Facilities, Park, Private School(s), Public Rec Facilities, Public Transportation
  • Remarks Public Addendum: Beautifully restored Colonial w/in walking distance of the Green. 3 New kitchens w/granite counters, peninsulas, under-cabinet lighting, 4 new ceramic tiled baths, new insulation, new vintage style flooring, barn-wood wainscoting accent walls in each unit, new wood stairs, new plumbing/heating/electrical plus ceiling fans, recessed lighting, under cabinet lighting. Exterior updates include professional landscaping, Fully fenced yard, new roofs, siding and doors, new Patios, Stone walls, Pergola and Bird Feeders. - 1st fl w/flexible occupancy options incl 2 new fully applianced eat-in kitchens w/granite counters & under-cab lighting, 2 ceramic tiled full baths, 2 sets of washer/dryers, 3 bedrms, office/study, 2 separate patios (1 w/pavers & pergola), 2 separate electric meters for 1st floor apt. 2 separate entrances. 1st fl rent is $2890 thru 12/31/23 when it is expected to increase. - The 2nd/3rd floor is a Townhouse style apartment. Rent is $1895/month+ util. It has a master bedrm, full bath on 2nd fl plus 2 bedrms ea w/its own closet & ea w/150 SF+ storage. A full bath serves these 2 bedrms. 2nd fl features an open floor plan eat-in kitchen w/granite counters, under-cabinet lighting, a food pantry & laundry closet w/washer/dryer. Living room is open to kitchen. Convenient propane forced warm air furnace - Adt'l features: New New New Roof, Siding, Doors, Windows, Insulation, Flooring, Plumbing, Electric, 3 Meters, Ceiling fans, Recessed, Pendent & Under Cab Lighting. Prof landscape, 2 Patios 1 w/pavers & Pergola, Bird Feeders & bird-baths. doors. Barn-wood wainscoting, Vintage style plank flooring. - Nothing like this elsewhere in Colchester or surrounding areas. Current annual income is $57,420 with potential to over $60,000! Tenants pay their own utilities and cold water, sewer and trash collection. - Nothing like this elsewhere in Colchester or surrounding areas. Current annual income is $57,420 with potential to over $60,000! Tenants pay their own utilities, cold water, sewer & trash. Expenses only $5491. Net over $51,900!
  • Property Sub Type: 2 Family
  • Handicap Features: Exterior Curb Cuts, Multiple Entries/Exits
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: South Main, next to Liberty Bank. Park in driveway to avoid parking in reserved Tenant spaces located in front of this building.
  • Financing Used: Private
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Attic Description: Walk-up, Finished, Heated
  • Basement Description: Full With Hatchway
  • Laundry Room Location: 3 WasherS/Dryers
  • Laundry Room Info: All Units Have Hook-Ups, Washer/Dryer All Units
  • Attic: Yes
  • Home Automation: Appliances, Electric Outlet(s), Lighting, Thermostat(s)
  • Street Number Modifier: 207
  • Other SqFt Description: Attic is not reported as finished in public info but is included in this listing

Exterior Features

  • Exterior Features: Garden Area, Gutters, Lighting, Patio, Porch-Enclosed, Porch-Heated, Shed, Sidewalk, Stone Wall
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Private, Paved
  • Total Parking Spaces: 6
  • Garage And Parking: Driveway, Paved, Off Street Parking

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Hot Air
  • Heat Fuel Type: Electric, Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: 30 Gallon Tank, Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Assess Description: TENANTS REIMBURSE LANDLORD FOR WATER AND SEWER AND TENANTS PAY FOR TRASH PICKUP.

Schools

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

Green Features

  • Energy Features: Energy Star Rated, Extra Insulation, Programmable Thermostat, Ridge Vents, Thermopane Windows

Lot Info

  • Acres: 0.19
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: R30A
  • Parcel #: 999999999

Multi Family

  • Gross Annual Income: 57450
  • Net Operating Income: 51959
  • Total Number Of Units: 2
  • Unit Count: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 3754
  • Total Assessed Value: 113600
  • Mil Rate Total: 33.05

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2023
Closed on
Mar 8, 2024
Sold by
Aa-Msa Inc
Bought by
Village Rentals Llc
Seller's Agent
Joseph Raffone
Raffone Realty
Buyer's Agent
Sean Wilding
LPT Realty - IConn Team
List Price
$479,900
Sold Price
$454,500
Premium/Discount to List
-$25,400
-5.29%
Views
469
Current Estimated Value
$470,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,171
Avg. Annual Appreciation
1.35%
Original Mortgage
$304,500
Outstanding Balance
$300,074
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$163,492

Purchase Details

Closed on
Aug 18, 2021
Sold by
207 South Main Street Llc
Bought by
Aa Msa Inc

Purchase Details

Closed on
Jan 9, 2019
Sold by
Valkanos Christos
Bought by
207 South Main Street Llc

Purchase Details

Closed on
Jul 1, 2005
Sold by
Marino Joseph and Marino Tina
Bought by
Valkanos Christos and Valkanos Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2001
Sold by
Zupnik Noreen
Bought by
Rota Kathleen
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
Village Rentals Llc $454,500 None Available
Village Rentals Llc $454,500 None Available
Aa Msa Inc $82,500 None Available
207 South Main Street Llc -- --
207 South Main Street Llc -- --
Valkanos Christos -- --
Valkanos Christos $205,000 --
Valkanos Christos $205,000 --
Rota Kathleen $105,000 --
Rota Kathleen $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Village Rentals Llc $304,500
Closed Village Rentals Llc $304,500
Previous Owner Zupnik Noreen $164,000
Previous Owner Zupnik Noreen $161,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2024 03/13/24 Sold $454,500 0.0% $157 / Sq Ft
10/29/2023 10/29/23 Price Changed $454,500 -0.1% $157 / Sq Ft
09/26/2023 09/26/23 Price Changed $454,900 -1.1% $158 / Sq Ft
08/02/2023 08/02/23 Price Changed $459,900 -4.2% $159 / Sq Ft
06/26/2023 06/26/23 For Sale $479,900 0.0% $166 / Sq Ft
10/25/2013 10/25/13 Rented $750 0.0% --
10/25/2013 10/25/13 Under Contract -- -- --
09/29/2013 09/29/13 For Rent $750 -- --
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 $3,887 $129,900 $26,500 $103,400
2024 $3,724 $129,900 $26,500 $103,400
2023 $3,092 $113,600 $26,500 $87,100
2022 $3,033 $112,000 $26,500 $85,500
2021 $3,612 $110,000 $29,600 $80,400
2020 $3,612 $110,000 $29,600 $80,400
2019 $3,612 $110,000 $29,600 $80,400
2018 $3,551 $110,000 $29,600 $80,400
2017 $3,561 $110,000 $29,600 $80,400
2016 $3,672 $118,800 $43,100 $75,700
2015 $3,654 $118,800 $43,100 $75,700
2014 $3,632 $118,800 $43,100 $75,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Joseph Raffone

    Raffone Realty

    (203) 777-1300

    1 in this area

    1 Total Sale

    Joseph Raffone
    Section Image
  • Sean Wilding

    Buyer's Agent in 2024

    Sean Wilding

    LPT Realty - IConn Team

    (877) 366-2213

    2 in this area

    24 Total Sales

    Sean Wilding
    Section Image
  • Sandra Lindstrom

    Seller's Agent in 2013

    Sandra Lindstrom

    Carl Guild & Associates

    (860) 334-5815

    19 in this area

    61 Total Sales

    Sandra Lindstrom
    Section Image
  • Robert Bell

    Buyer's Agent in 2013

    Robert Bell

    Coldwell Banker Realty

    (817) 800-9694

    10 Total Sales

    Robert Bell
    Section Image
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Map

Source: SmartMLS

MLS Number: 170580083

SmartMLS

APN: COLC-000017-000000-000017

Connecticut New London County Colchester 06415

207 S Main St, Colchester, CT

This home is located at 207 S Main St, Colchester, CT 06415 since 26 June 2023 and is currently estimated at $470,671, approximately $162 per square foot. This property was built in 1824. 207 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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