Seller's Agent in 2024
Jason Boice
eXp Realty
(860) 690-1201
5 in this area
124 Total Sales
249 Addison Rd Glastonbury, CT 06033
Addison Neighborhood
11
Acres
$34,234
Price per Acre
483,516
Sq Ft Lot
About This Lot
As of October 2024Prime Investment Opportunity in Glastonbury, CT! This listing features two properties being sold together. 285 Addison Road is a .49 acre parcel that abuts and is contiguous with 249 Addison Road. 249 Addison road is a 11.1 acre parcel with a two-family residential building and 273 feet of frontage. Ideal for potential future development, gardening, or recreational use. Conveniently located near local shops, restaurants, public parks, and offers seamless highway access. A blank canvas ready for your vision, providing a wealth of possibilities. The Duplex consists of two 3-bed, 1-bath units. The 2nd floor unit is currently occupied by a long-term tenant on a month-to-month lease paying $1,600 per month. The 1st floor unit is currently vacant and ready for immediate occupancy or renovation. Perfect for owner-occupied buyers looking to live in one unit while renting out the other. Nestled in a prime location, this Glastonbury gem offers a ton of options and possibilities - a serene, expansive piece of land, development opportunities, and a versatile duplex perfect for living and investment. Imagine the possibilities of owning such a rare and desirable property combination.
Property Details
Property Type
- Land
Est. Annual Taxes
- $11,156
Year Built
- 1800
Lot Details
- 11.1 Acre Lot
- 2 Lots in the community
Schools
- Naubuc Elementary School
- Smith Middle School
- Glastonbury High School
Utilities
- Gas Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 564443
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2024
Closed on
Oct 25, 2024
Sold by
2Nd Chance Homes Llc and Berry
Bought by
249 Addison Ret
Seller's Agent
Jason Boice
eXp Realty
Buyer's Agent
Amy Rio
Executive Real Estate Inc.
List Price
$500,000
Sold Price
$380,000
Premium/Discount to List
-$120,000
-24%
Total Days on Market
4
Views
47
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,110
Avg. Annual Appreciation
28.08%
Original Mortgage
$296,250
Outstanding Balance
$295,305
Interest Rate
6.79%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$148,805
Purchase Details
Closed on
May 22, 1992
Sold by
Savage Florence Est
Bought by
Moriarty James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
9%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Deed | $380,000 | None Available | |
| Guardian Deed | $55,000 | -- | |
| Guardian Deed | $55,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $296,250 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $285,000 | Commercial | |
| Closed | $0 | Commercial | |
| Previous Owner | $60,000 | No Value Available | |
| Previous Owner | $92,500 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/25/2024 10/25/24 | Sold | $380,000 | 0.0% | $163 / Sq Ft |
| 10/25/2024 10/25/24 | Sold | $380,000 | -24.0% | $163 / Sq Ft |
| 09/10/2024 09/10/24 | Pending | -- | -- | -- |
| 09/10/2024 09/10/24 | Pending | -- | -- | -- |
| 09/05/2024 09/05/24 | For Sale | $500,000 | 0.0% | $215 / Sq Ft |
| 09/05/2024 09/05/24 | For Sale | $500,000 | -- | $215 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $11,156 | $349,400 | $194,800 | $154,600 |
| 2023 | $10,835 | $349,400 | $194,800 | $154,600 |
| 2022 | $10,261 | $275,100 | $164,300 | $110,800 |
| 2021 | $10,267 | $275,100 | $164,300 | $110,800 |
| 2020 | $10,151 | $275,100 | $164,300 | $110,800 |
| 2019 | $10,003 | $275,100 | $164,300 | $110,800 |
| 2018 | $9,904 | $275,100 | $164,300 | $110,800 |
| 2017 | $10,812 | $288,700 | $170,400 | $118,300 |
| 2016 | $10,509 | $288,700 | $170,400 | $118,300 |
| 2015 | $10,422 | $288,700 | $170,400 | $118,300 |
| 2014 | $10,292 | $288,700 | $170,400 | $118,300 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Boice
-
Amy Rio
Buyer's Agent in 2024
Amy Rio
Executive Real Estate
(860) 916-6048
36 in this area
1,266 Total Sales
Map
Source: SmartMLS
MLS Number: 24042933
APN: GLAS-000004F-000020-W000019
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