NOT LISTED FOR SALE

23 Cutler St Unit 25 Groton, CT 06340

Estimated Value: $350,644 - $444,000

6 Beds
3 Baths
2,326 Sq Ft
$177/Sq Ft Est. Value

Last Sold March 10, 2017

Last sale price $100,000 $43 Per Sq Ft

Est. 312% increase in value since last sale

Current estimated payment $2,763/month

340 Days on Market

About This Home

As of March 2017

Conveniently located 2 family, 3 bedrooms each. Needs TLC, but worth the investment. Let one side pay for your mortgage. Subject to probate approval.

Last Agent to Sell the Property

Timothy O'Loughlin

RE/MAX Legends License #REB.0788361 Listed on: 02/12/2016

RE/MAX Legends

Last Buyer's Agent

Elegance Buckingham

Berkshire Hathaway NE Prop. License #RES.0761994

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,680

Year Built

  • Built in 1917

Lot Details

  • 7,187 Sq Ft Lot

Home Design

  • Side-by-Side
  • Aluminum Siding

Interior Spaces

  • 2,326 Sq Ft Home
  • 2-Story Property

Parking

  • 2 Parking Spaces
  • Driveway
  • Off-Street Parking

Schools

  • Pboe Elementary School
  • Pboe High School

Utilities

  • Heating System Uses Oil Above Ground
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,680

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units are Side-by-Side
  • Total Sq Ft: 2326
  • Year Built: 1917
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Clarence B Sharp to Hynes to Cutler St.
  • Special Features: None
  • Stories: 2

Interior Features

  • Attic: No
  • Stories Number Of: 2
  • Street Number Modifier: 23

Exterior Features

  • Exterior Siding: Aluminum
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Asphalt
  • Total Parking Spaces: 2

Utilities

  • Heat Type: Hot Air
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: PBOE
  • High School: PBOE

Lot Info

  • Acres: 0.1650

Rental Info

  • Lease Purchase: No

Multi Family

  • Unit Count: 2
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 2680
  • Total Assessed Value: 123340
  • Mil Rate Total: 21.730
  • Assessor Parcel Number: 1950931

MLS Schools

  • Elementary School: PBOE
  • High School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2016
Closed on
Mar 10, 2017
Sold by
Lowe Kevin Est
Bought by
Yan Na and Li Yuheng
Seller's Agent
Timothy O'Loughlin
RE/MAX Legends
Buyer's Agent
Elegance Buckingham
Berkshire Hathaway NE Prop.
List Price
$114,900
Sold Price
$100,000
Premium/Discount to List
-$14,900
-12.97%
Total Days on Market
340
Current Estimated Value
$411,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,661
Avg. Annual Appreciation
18.56%

Purchase Details

Listed on
Jun 25, 2012
Closed on
Mar 27, 2013
Sold by
Deck Gary S
Bought by
Lowe Kevin
Seller's Agent
Mary Nasi-Graham
IMT Realty
Buyer's Agent
Nicholas Palmerone
Palmerone Realty Group
List Price
$105,000
Sold Price
$85,805
Premium/Discount to List
-$19,195
-18.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.94%
Original Mortgage
$83,818
Interest Rate
3.56%

Purchase Details

Closed on
Jun 16, 2005
Sold by
Deck Marie
Bought by
Deck Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,821
Interest Rate
5.78%

Purchase Details

Closed on
Apr 13, 1995
Sold by
Wells Timothy R and Wells Priscilla
Bought by
Deck Marie T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,200
Interest Rate
8.49%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Yan Na $100,000 --
Lowe Kevin $85,000 --
Deck Gary $139,821 --
Deck Marie T $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Yuheng $147,000
Previous Owner Lowe Kevin $83,818
Previous Owner Wells Timothy $208,250
Previous Owner Wells Timothy $139,821
Previous Owner Wells Timothy $94,900
Previous Owner Wells Timothy $104,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2017 03/10/17 Sold $100,000 -13.0% $43 / Sq Ft
01/17/2017 01/17/17 For Sale $114,900 0.0% $49 / Sq Ft
01/17/2017 01/17/17 Pending -- -- --
01/13/2017 01/13/17 Price Changed $114,900 0.0% $49 / Sq Ft
01/13/2017 01/13/17 For Sale $114,900 -4.2% $49 / Sq Ft
01/01/2017 01/01/17 For Sale $119,900 +19.9% $52 / Sq Ft
12/31/2016 12/31/16 Off Market $100,000 -- --
12/05/2016 12/05/16 Pending -- -- --
10/10/2016 10/10/16 Pending -- -- --
09/30/2016 09/30/16 Off Market $100,000 -- --
04/20/2016 04/20/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $129,900 +51.4% $56 / Sq Ft
03/27/2013 03/27/13 Sold $85,805 -18.3% $37 / Sq Ft
10/19/2012 10/19/12 Pending -- -- --
06/25/2012 06/25/12 For Sale $105,000 -- $45 / 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 $5,419 $201,530 $99,855 $101,675
2023 $5,199 $201,530 $56,280 $145,250
2022 $5,028 $201,530 $56,280 $145,250
2021 $3,442 $113,680 $36,470 $77,210
2020 $3,343 $113,680 $36,470 $77,210
2019 $3,236 $113,680 $36,470 $77,210
2018 $3,232 $112,420 $36,470 $75,950
2017 $3,243 $112,420 $36,470 $75,950
2016 $3,350 $123,340 $45,570 $77,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: E10109244

SmartMLS

APN: GROT-001688-001554-006807