NOT LISTED FOR SALE

251 Main St Westport, CT 06880

Westport Village Neighborhood

Estimated Value: $1,926,820

5 Beds
2 Baths
5,317 Sq Ft
$362/Sq Ft Est. Value

Last Sold July 31, 2017

Last sale price $1,145,000 $215 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $12,295/month

109 Days on Market

Highlights

  • 20 Car Detached Garage
  • Central Air
  • Wood Siding
  • Saugatuck Elementary School Rated A+
  • Level Lot

About This Home

As of July 2017

-In close proximity to downtown Westport, 251 Main St. affords a professional owner/user such as a dentist, other medical practitioners, ect. to own their premises while also achieving rental income from existing residential component of property

-Building is comprised of a dental office, a four bedroom apartment and a one bedroom apartment with abundant parking in back of building.

-The building is 5,317 SF (plus full basement); 25% of which is designated for commercial use, under Westport's home occupation regulation.

-Abundant parking on this .52 acre lot

-One block from the heart of Westport's downtown shopping district.

Last Agent to Sell the Property

Matthew Mastrianni

Mastrianni Property Group, LLC License #REB.0791377 Listed on: 04/13/2017

Last Buyer's Agent

Shoshana Snyder

William Raveis Real Estate License #RES.0793743

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,054

Year Built

  • Built in 1905

Lot Details

  • 0.52 Acre Lot
  • Level Lot

Home Design

  • 5,317 Sq Ft Home
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 20 Car Detached Garage
  • Driveway
  • Parking Lot

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heating System Uses Oil

Additional Features

  • Finished Basement

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,054

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Neighborhood: In-Town
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Sq Ft Est Heated Above Grade: 5317
  • Public Record Living Room Sq Ft: 5329
  • Total Sq Ft: 5317
  • Year Built: 1905
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 8630
  • Directions: Post road East to right onto Main St. property is on left.
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Fully Finished
  • Attic: No
  • Street Number Modifier: 251

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Driveway, Parking Lot
  • Garages Number: 20

Utilities

  • Cooling System: Central Air, Window Unit
  • Heat Fuel Type: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.5200
  • Lot Description: Level Lot
  • Zoning: A

Multi Family

  • Unit Count: 3
  • Total Multi Family: 14
  • Total Num Of Units: 3
  • Total Unit Count: 3

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 10054
  • Total Assessed Value: 596300
  • Mil Rate Base: 16.860
  • Mil Rate Total: 16.860
  • Assessor Parcel Number: 412820

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2023
Sold by
Demsa Intl Hair Soln Llc
Bought by
251 Main Street Llc
Total Days on Market
109
Current Estimated Value
$1,926,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$912,500
Outstanding Balance
$641,556
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,260,185

Purchase Details

Listed on
Apr 13, 2017
Closed on
Aug 1, 2017
Sold by
251 Main St Llc
Bought by
Demsa Internatl Hair S
Seller's Agent
Matthew Mastrianni
Mastrianni Property Group, LLC
Buyer's Agent
Shoshana Snyder
William Raveis Real Estate
List Price
$1,195,000
Sold Price
$1,145,000
Premium/Discount to List
-$50,000
-4.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$916,000
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 23, 2001
Sold by
Gluckman Assoc Ltd
Bought by
251 Main St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
7.21%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
251 Main Street Llc $1,850,000 None Available
251 Main Street Llc $1,850,000 None Available
Demsa Internatl Hair S $1,145,000 --
Demsa Internatl Hair S $1,145,000 --
251 Main St Llc $760,000 --
251 Main St Llc $760,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 251 Main Street Llc $912,500
Closed 251 Main Street Llc $912,500
Closed 251 Main Street Llc $749,000
Previous Owner Demsa Internatl Hair S $916,000
Previous Owner 251 Main St Llc $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2017 07/31/17 Sold $1,145,000 0.0% $215 / Sq Ft
04/13/2017 04/13/17 Off Market $1,145,000 -- --
04/13/2017 04/13/17 For Sale $1,195,000 -- $225 / 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 $17,749 $953,200 $387,800 $565,400
2023 $13,225 $720,700 $387,800 $332,900
2022 $13,023 $720,700 $387,800 $332,900
2021 $13,023 $720,700 $387,800 $332,900
2020 $9,964 $596,300 $430,900 $165,400
2019 $10,054 $596,300 $430,900 $165,400
2018 $10,054 $596,300 $430,900 $165,400
2017 $10,054 $596,300 $430,900 $165,400
2016 $10,054 $596,300 $430,900 $165,400
2015 $10,409 $575,400 $402,200 $173,200
2014 $10,323 $575,400 $402,200 $173,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Matthew Mastrianni

    Mastrianni Property Group, LLC

    (860) 384-4792

    Section Image
  • Shoshana Snyder

    Buyer's Agent in 2017

    Shoshana Snyder

    William Raveis Real Estate

    (203) 321-3502

    110 Total Sales

    Shoshana Snyder
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 99181397

SmartMLS

APN: WPOR-000010C-000000-000107

Connecticut Fairfield County Westport 06880 Westport Village

251 Main St, Westport, CT

This home is located at 251 Main St, Westport, CT 06880 since 13 April 2017 and is currently estimated at $1,926,820, approximately $362 per square foot. This property was built in 1905. 251 Main St is a home located in Fairfield County with nearby schools including Saugatuck Elementary School, Bedford Middle School, and Staples High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes