$270,000
SOLD DEC 3, 2024

232 Shunpike Rd Cromwell, CT 06416

2 Beds
1 Bath
858 Sq Ft
0.62 Acres

Recently Sold

$315 Per Sq Ft

10% Below List Price

89 Days on Market

Highlights

  • Cape Cod Architecture
  • Attic
  • Wood Siding
  • Cromwell High School Rated 9+
  • Level Lot

About This Home

As of December 2024

Welcome to 232 Shunpike Road, a prime commercial offering in the dynamic town of Cromwell, CT, where the possibilities for growth and development are as rich as the New England landscape. Nestled on a .62-acre parcel zoned for industrial use, this versatile property presents a rare opportunity for savvy investors and business owners alike. With 340 feet of frontage on the bustling Shunpike Road, your enterprise will enjoy high visibility in a prime location that boasts easy access to major highways and thoroughfares, connecting you swiftly to your clients and customers. The property features a Cape style home that offers a blank canvas for customization. With three bedrooms and one bath, the structure is ripe for conversion into a variety of commercial uses, from professional offices to retail space. While cosmetic updating is needed, the solid bones of this structure offer exciting potential for those ready to bring their vision to life. The attached zoning regulations highlight a myriad of permitted uses, ensuring that your business aspirations can be realized within this property's boundaries. Whether you are planning to establish a manufacturing hub, a warehouse, or repurpose it into a bespoke service-oriented facility, the options here are indeed endless. Seize the opportunity to make 232 Shunpike Road the cornerstone of your commercial portfolio. The combination of location, flexibility, and potential make this property a wise investment for those looking to capitalize

Last Agent to Sell the Property

Leslie Blaser

eXp Realty License #RES.0058451 Listed on: 07/12/2024

eXp Realty

Last Buyer's Agent

Catherine Carone

Agnelli Real Estate License #RES.0805272

Agnelli Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,315

Year Built

  • Built in 1948

Lot Details

  • 0.62 Acre Lot
  • Level Lot
  • Property is zoned IND

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 858 Sq Ft Home
  • Attic or Crawl Hatchway Insulated
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Schools

  • Edna C. Stevens Elementary School
  • Woodside Middle School
  • Cromwell High School

Utilities

  • Heating System Uses Oil
  • Private Company Owned Well
  • Fuel Tank Located in Basement

Listing and Financial Details

  • Assessor Parcel Number 955709

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,315

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 858
  • Total Sq Ft: 858
  • Year Built: 1948
  • New Construction: No/Resale
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Shunpike Road
  • Financing Used: Conventional Fixed
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Attic Description: Crawl Space, Access Via Hatch
  • Basement Description: Full, Unfinished
  • Appliances: None
  • Laundry Room Info: Main Level
  • Attic: Yes

Exterior Features

  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Schools

  • Intermediate School: Woodside

Lot Info

  • Acres: 0.62
  • Lot Description: Level Lot
  • Zoning: IND
  • Parcel #: 955709

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 6315

MLS Schools

  • Elementary School: Edna C. Stevens
  • High School: Cromwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Dec 3, 2024
Sold by
Pandolfi Dorothy A
Bought by
Carone Acquisitions Llc
Seller's Agent
Leslie Blaser
eXp Realty
Buyer's Agent
Catherine Carone
Agnelli Real Estate
List Price
$299,900
Sold Price
$270,000
Premium/Discount to List
-$29,900
-9.97%
Views
113
Current Estimated Value
$300,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,132
Avg. Annual Appreciation
11.52%
Original Mortgage
$186,118
Outstanding Balance
$184,582
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$115,550

Purchase Details

Closed on
May 5, 1987
Sold by
Costanzo Philip A
Bought by
Pandolfi Ernest J
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 Type Sale Price Title Company
Warranty Deed $270,000 None Available
Warranty Deed $270,000 None Available
Deed $125,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $186,118 Purchase Money Mortgage
Closed $186,118 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2024 12/03/24 Sold $270,000 -10.0% $315 / Sq Ft
10/09/2024 10/09/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $299,900 -- $350 / 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 $6,466 $210,000 $160,020 $49,980
2024 $6,315 $210,000 $160,020 $49,980
2023 $6,176 $210,000 $160,020 $49,980
2022 $5,056 $151,690 $94,080 $57,610
2021 $5,056 $151,690 $94,080 $57,610
2020 $4,980 $151,690 $94,080 $57,610
2019 $4,980 $151,690 $94,080 $57,610
2018 $4,980 $151,690 $94,080 $57,610
2017 $4,853 $143,030 $84,430 $58,600
2016 $4,810 $143,030 $84,430 $58,600
2015 $4,488 $143,030 $84,430 $58,600
2014 $4,760 $143,030 $84,430 $58,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24032216

SmartMLS

APN: CROM-000026-000015-000005