NOT LISTED FOR SALE

Estimated Value: $534,000 - $603,441

4 Beds
5 Baths
2,664 Sq Ft
$212/Sq Ft Est. Value

Last Sold June 01, 2023

Last sale price $487,000 $183 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,708/month

3 Days on Market

Highlights

  • 1.35 Acre Lot
  • Finished Attic
  • Hot Water Circulator
  • Deck
  • Attic
  • Hot Water Heating System

About This Home

As of June 2023

Step inside 242 Packer Road and be awed by the ideal combination of traditional features and modern upgrades. This multi family house, located on 1.35 acres with a total of 2664 sq/ft, is an opportunity you won't want to miss. The left unit is much larger, with two bedrooms and four full bathrooms, and a fully renovated kitchen that has all new appliances, quartz countertops, cabinets, crown molding and shiplap. The original hardwood floors were recently refinished and sealed. The other unit is one bedroom with one bathroom and has a lovely, updated kitchen. There is also a finished attic, which can be used as an office, guest room, or play room. Whether you are an investor or a home buyer, this property has much to offer; you can occupy one side and rent out the other, or rent out both and capitalize on the home's advantages. This property provides a balance between seclusion and access to the nearby Mystic Town. Don't miss this extraordinary opportunity!HIGHEST AND BEST OFFERS DEADLINE MONDAY 4/24 AT 12PM*

Last Agent to Sell the Property

Hanna Kronholm

Berkshire Hathaway NE Prop. License #RES.0815694 Listed on: 04/16/2023

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Holly Powell

Berkshire Hathaway NE Prop. License #RES.0788909

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,482

Year Built

  • Built in 1845

Lot Details

  • 1.35

Home Design

  • Side-by-Side
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Radon Mitigation System

Interior Spaces

  • 2,664 Sq Ft Home
  • Concrete Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Attic

  • Walkup Attic
  • Finished Attic

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • Parking Deck
  • Private Driveway

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Private Company Owned Well
  • Hot Water Circulator
  • Oil Water Heater
  • Fuel Tank Located in Basement

Additional Features

  • Deck
  • 1.35 Acre Lot
  • Property is near a golf course

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1959246

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,482

Year Built

Built in 1845

Lot Details

0

Listing Details

  • Neighborhood: Mystic
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2664
  • Total Sq Ft: 2664
  • Year Built: 1845
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Playground/Tot Lot
  • Remarks Public Addendum: *Tenant and owner occupied, please do not request showings before the open house on Saturday* *utilities are not split HIGHEST AND BEST OFFERS DEADLINE MONDAY 4/24 AT 12PM*
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Yes
  • Directions: turn onto packer road and the house is two in on your right down a longer drive.
  • Financing Used: FHA
  • Street Type: Road
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Attic Description: Walk-up, Finished
  • Basement Description: Full, Unfinished, Concrete Floor
  • Laundry Room Location: basement
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 242

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Aluminum
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Private
  • Garage And Parking: Off Street Parking

Utilities

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

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 1.348
  • Lot Description: N/A
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: ru-40
  • Parcel #: 1959246

Multi Family

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

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 6482
  • Total Assessed Value: 266210
  • Mil Rate Total: 24.35

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2023
Closed on
Jun 1, 2023
Sold by
Seidel Christopher J
Bought by
Tansey Michael J and Szekely Dora
Seller's Agent
Hanna Kronholm
Berkshire Hathaway NE Prop.
Buyer's Agent
Holly Powell
Berkshire Hathaway NE Prop.
List Price
$449,000
Sold Price
$487,000
Premium/Discount to List
$38,000
8.46%
Views
102
Current Estimated Value
$566,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,634
Avg. Annual Appreciation
6.94%
Original Mortgage
$470,746
Outstanding Balance
$458,657
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$105,453

Purchase Details

Listed on
Feb 10, 2017
Closed on
Jun 30, 2017
Sold by
Morgan Jay T
Bought by
Seidel Christopher J
Seller's Agent
Zoe Zrakas
William Raveis Real Estate
Buyer's Agent
John Seidel
William Pitt Sotheby's Int'l
List Price
$348,900
Sold Price
$342,000
Premium/Discount to List
-$6,900
-1.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%
Original Mortgage
$340,714
Interest Rate
4.02%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 13, 1999
Sold by
Saunders Margaret Est
Bought by
Morgan Jay T and Morgan Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,300
Interest Rate
7.8%
Mortgage Type
Purchase Money Mortgage
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
Tansey Michael J $487,000 None Available
Seidel Christopher J $347,000 --
Morgan Jay T $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tansey Michael J $470,746
Previous Owner Seidel Christopher J $21,000
Previous Owner Seidel Christopher J $318,750
Previous Owner Seidel Christopher J $340,714
Previous Owner Morgan Jay T $80,000
Previous Owner Morgan Jay T $60,000
Previous Owner Morgan Jay T $140,000
Previous Owner Morgan Jay T $125,000
Previous Owner Morgan Jay T $153,000
Previous Owner Morgan Jay T $5,001
Previous Owner Morgan Jay T $123,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Sold $487,000 +8.5% $183 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $449,000 0.0% $169 / Sq Ft
10/04/2017 10/04/17 Rented $1,100 +4.8% --
09/26/2017 09/26/17 Under Contract -- -- --
09/05/2017 09/05/17 Price Changed $1,050 -4.5% $0 / Sq Ft
08/18/2017 08/18/17 Price Changed $1,100 -8.3% $0 / Sq Ft
07/25/2017 07/25/17 Price Changed $1,200 -7.7% $0 / Sq Ft
07/08/2017 07/08/17 For Rent $1,300 0.0% --
06/30/2017 06/30/17 Sold $342,000 -2.0% $128 / Sq Ft
02/10/2017 02/10/17 For Sale $348,900 -- $131 / 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 $7,270 $266,210 $117,005 $149,205
2024 $6,810 $266,210 $117,005 $149,205
2023 $6,530 $266,210 $53,060 $213,150
2022 $6,482 $266,210 $53,060 $213,150
2021 $7,304 $252,910 $58,940 $193,970
2020 $7,226 $252,910 $58,940 $193,970
2019 $6,917 $252,910 $58,940 $193,970
2018 $6,846 $252,910 $58,940 $193,970
2017 $6,722 $252,910 $58,940 $193,970
2016 $6,012 $243,600 $73,640 $169,960
2015 $5,810 $243,600 $73,640 $169,960
2014 $5,647 $243,600 $73,640 $169,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170562125

SmartMLS

APN: GROT-002710-001313-001334