NOT LISTED FOR SALE

242 Main St Durham, CT 06422

Estimated Value: $424,000 - $592,000

5 Beds
3.5 Baths
2,339 Sq Ft
$209/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $310,000 $133 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,095/month

4 Days on Market

Highlights

  • The property is located in a historic district
  • Attic
  • No HOA
  • Property is near public transit, shops, and bus stop
  • 1 Fireplace
  • Thermal Windows

About This Home

As of November 2020

A rare and unique offering with PRIME LOCATION in the center of town! This charming, 1820's multi family offers the best of both worlds with modern, updated finishes and old world charm. There are 2 units, and an additional in law set up, which can offer many different uses. The front unit offers covered front porch, a main living/dining space which features a light-filled, open floor plan with recessed lighting, wood flooring and glass-screened fireplace. Remodeled kitchen offers ebony cabinets and stainless steel appliances. There is a half bath with laundry. Head upstairs, and there will be 2 bedrooms with original hardwood floors and a full bathroom. From the 2nd floor you can access the additional space set up as an in law with a kitchenette, full bathroom and 2 more bedrooms. Ultimately, this space can be one large apartment which would feature 4 bedrooms, 2 full baths, plus a half bath! There is a rear, main level apartment which is absolutely stunning. This space is a 1 bedroom with a custom kitchen with stainless steel appliances, eat in area, and large living room. There are new, energy-efficient windows throughout, a walk up attic and basement for storage. The lot offers plenty of off street parking and a large, flat, level easy to maintain yard! Location is just minutes from I-91 and 84, along with stores, restaurants, pharmacy, library, 24-hr gym, seasonal farmer’s market and just about everything you'll need are all within walking distance.

Last Agent to Sell the Property

Lauren Freedman

Coldwell Banker Realty License #REB.0792452 Listed on: 10/15/2020

Coldwell Banker Realty

Last Buyer's Agent

Lauren Freedman

Coldwell Banker Realty License #REB.0792452 Listed on: 10/15/2020

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,655

Year Built

  • Built in 1820

Lot Details

  • 0.6 Acre Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Asphalt Shingled Roof
  • Clap Board Siding
  • Asbestos Siding
  • Shingle Siding

Interior Spaces

  • 2,339 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • Concrete Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms

Attic

  • Storage In Attic
  • Walkup Attic

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Rain Gutters
  • Porch

Location

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

Schools

  • Ward Strong Middle School
  • Memorial Middle School
  • Coginchaug Regional High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Private Company Owned Well
  • Oil 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

$6,655

Year Built

Built in 1820

Lot Details

0.6 Acres

Listing Details

  • Neighborhood: Durham Center
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2339
  • Public Record Living Room Sq Ft: 2339
  • Total Sq Ft: 2339
  • Year Built: 1820
  • Nearby Amenities: Health Club, Library, Medical Facilities, Park, Public Transportation, Shopping/Mall, Stables/Riding, Walk to Bus Lines
  • Remarks Public Addendum: The septic is for a "4 bedroom " , however there are 5 usable bedrooms. THIS IS A LEGAL 2 FAMILY- however there are 3 units. The 3rd unit (the "in law") can be accessed from the front unit if a buyer wanted to keep them together (if not, it can be closed
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Encumbrances Restrictions: Regulated Historic District
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Main Street - Next to Durham Market
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Walk-up, Storage Space
  • Basement Description: Full, Full With Hatchway, Unfinished, Concrete Floor, Interior Access, Sump Pump
  • Laundry Room Info: Washer/Dryer Some Units
  • Attic: Yes

Exterior Features

  • Exterior Features: Gutters, Porch
  • Exterior Siding: Shingle, Clapboard, Asbestos
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Paved

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric, Oil
  • Water Source: Public Water In Street, Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Memorial

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.6000
  • Lot Description: Historic District, Level Lot
  • Zoning: MR

Multi Family

  • Unit Count: 3
  • Total Multi Family: 11
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 6655
  • Mil Rate Base: 35.780
  • Assessor Parcel Number: 964236

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Ward Strong
  • High School: Coginchaug Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2020
Closed on
Nov 24, 2020
Sold by
Rivard Ronald R and Graham Mary E
Bought by
Jakubowski Arkadiusz
Seller's Agent
Lauren Freedman
Coldwell Banker Realty
Buyer's Agent
Lauren Freedman
Coldwell Banker Realty
List Price
$300,000
Sold Price
$310,000
Premium/Discount to List
$10,000
3.33%
Current Estimated Value
$488,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,296
Avg. Annual Appreciation
9.09%
Original Mortgage
$263,500
Outstanding Balance
$235,012
Interest Rate
2.8%
Mortgage Type
Balloon
Estimated Equity
$253,284

Purchase Details

Closed on
May 6, 2010
Sold by
1St Ct Capital Mtg Fun
Bought by
Graham Maryellen and Rivard Ronald R

Purchase Details

Closed on
Jul 27, 2005
Sold by
Morse & Otte Inc
Bought by
Mack Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.67%
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
Jakubowski Arkadiusz -- None Available
Graham Maryellen $132,000 --
Mack Timothy J $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jakubowski Arkadiusz $263,500
Previous Owner Mack Timothy J $80,000
Previous Owner Mack Timothy J $210,000
Previous Owner Mack Timothy J $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2020 11/25/20 Sold $310,000 +3.3% $133 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $300,000 0.0% $128 / Sq Ft
06/01/2017 06/01/17 Rented $1,425 0.0% --
05/17/2017 05/17/17 Under Contract -- -- --
05/02/2017 05/02/17 For Rent $1,425 +2.2% --
04/28/2016 04/28/16 Rented $1,395 0.0% --
04/15/2016 04/15/16 Under Contract -- -- --
04/03/2016 04/03/16 For Rent $1,395 -- --
Source: SmartMLS

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 $6,952 $185,920 $69,850 $116,070
2024 $6,637 $185,920 $69,930 $115,990
2023 $6,466 $185,920 $69,930 $115,990
2022 $6,427 $185,920 $69,930 $115,990
2021 $6,611 $185,920 $69,930 $115,990
2020 $6,655 $185,990 $69,930 $116,060
2019 $6,675 $185,990 $69,930 $116,060
2018 $4,929 $185,990 $69,930 $116,060
2017 $7,347 $185,990 $69,930 $116,060
2016 $6,567 $185,990 $69,930 $116,060
2015 $6,970 $206,570 $84,770 $121,800
2014 $6,862 $206,570 $84,770 $121,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170345419

SmartMLS

APN: DURH-000009-000600A

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