NOT LISTED FOR SALE

27 S Main St Unit 15 Essex, CT 06426

Estimated Value: $385,000 - $458,000

1 Bed
1 Bath
990 Sq Ft
$300/mo HOA Fee

Last Sold October 25, 2021

Last sale price $307,500 $311 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,907/month

104 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • End Unit
  • Valley Regional High School Rated A-
  • Ranch Style House
  • Terrace

About This Home

As of October 2021

Ideal weekend retreat! Located in the heart of the village, this rarely available first floor one bedroom condo with a private terrace offers lovely views of the marsh. Designed for the way we live today, the spacious open floor plan features a full size kitchen with updated stainless steel appliances and a light filled dining area...ideal for entertaining. The well appointed living room with a charming bay window and a beautifully weathered copper roof overlooks lovely perennial gardens. The master bedroom can easily accommodate a king size bed, offers plenty of closet space and has a lovely sitting area...it is adjacent to the full bath. This unit has a separate utility room with a stackable washer and dryer...storage space available. French doors lead to your own private terrace with a retractable awning and a small garden. A shared gazebo in the center of the Middle Cove Association offers views of South Cove is the ideal place to enjoy the morning sunrise or take in a spectacular sunset at the end of the day. Walk to the marinas, yacht clubs, the Essex Library, unique shops, fabulous restaurants, galleries, parks and The Connecticut River Museum from this move in ready condo.

Last Agent to Sell the Property

Peg Mitchel

Coldwell Banker Realty License #REB.0754274 Listed on: 05/25/2021

Coldwell Banker Realty

Last Buyer's Agent

Janet Peckinpaugh

William Pitt Sotheby's Int'l License #RES.0798526

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,750

Year Built

  • Built in 1965

Lot Details

  • Waterfront
  • End Unit
  • Garden

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Masonry Siding

Interior Spaces

  • 990 Sq Ft Home
  • Open Floorplan

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Guest Parking
  • Visitor Parking
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Terrace

Location

  • Property is near shops

Schools

  • Essex Elementary School
  • Winthrop Middle School
  • Valley High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup
  • 18 Units
  • Middle Cove Community

Amenities

  • Community Garden

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,750

Year Built

Built in 1965

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Neighborhood: Essex Village
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 990
  • Public Record Living Room Sq Ft: 990
  • Total Sq Ft: 990
  • Year Built: 1965
  • Nearby Amenities: Library, Park, Shopping/Mall
  • Association Amenities: Gardening Area, Guest Parking
  • Remarks Public Addendum: Upcoming Special Assessment $692.* see scope of work/details under MLS attachments. Assessment to be paid by seller prior to closing. Max occupancy is 2 people in this unit due to septic limitations...see rules and regulations. The Association has a pet
  • Property Sub Type: Condominium
  • Direct Waterfront: Yes
  • Encumbrances Restrictions: Renting, Alterations, Boats, Trailer(S), Truck(S)
  • End Unit: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Special Assessment Details: $692 - see details under MLS attachments
  • Unit On Floor Number: 1
  • Public Record Gross Sq Ft: 1150
  • Tax Year Updated Dt: 07/19/2021
  • Directions: Essex Village to 27 South Main Street...Middle Cove at Essex. Last building on the RIGHT. First floor unit towards the water.
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Interior Amenities: Cable - Available, Open Floor Plan
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Laundry Room
  • Laundry Room Location: Main Level...in unit
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 27

Exterior Features

  • Exterior Features: Garden Area, Terrace
  • Exterior Siding: Brick
  • Waterfront Description: Frontage, Walk to Water
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage Parking Info: Paved, Assigned Parking, Off Street Parking

Utilities

  • Cooling System: Central Air
  • Heat Type: Heat Pump
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Shared Septic

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup
  • Complex Name: Middle Cove
  • Levels In Unit: 1
  • HOA Fees: 300
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: Yes
  • Property Management Type: Unit Owners Association

Schools

  • Elementary School: Essex
  • Middle School: Winthrop
  • High School: Valley

Lot Info

  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RU

Rental Info

  • Pets Allowed Info: See Rules and Regulations
  • Pets Allowed: Restrictions

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 2750
  • Total Assessed Value: 122600
  • Mil Rate Base: 22.430
  • Mil Rate Total: 22.430
  • Assessor Parcel Number: 985958

Multi Family

  • Total Num Of Units: 18

MLS Schools

  • Elementary School: Essex
  • Middle Jr High School: Winthrop
  • High School: Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2022
Sold by
Rector Paul D and Rector Sarah C
Bought by
Walker Susan
Current Estimated Value
$414,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$141,485
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$265,135

Purchase Details

Listed on
May 25, 2021
Closed on
Oct 22, 2021
Sold by
Brochu Adrienne Y and Brochu Steven E
Bought by
Rector Paul D and Rector Sarah C
Seller's Agent
Peg Mitchel
Coldwell Banker Realty
Buyer's Agent
Janet Peckinpaugh
William Pitt Sotheby's Int'l
List Price
$339,900
Sold Price
$307,500
Premium/Discount to List
-$32,400
-9.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%
Original Mortgage
$227,499
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2018
Sold by
Bancroft Steven E
Bought by
Adrienne Y Brochu T

Purchase Details

Closed on
Jun 6, 1995
Sold by
George C Field Co Inc
Bought by
Bancroft Steven E
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
Walker Susan $355,000 None Available
Rector Paul D $307,500 None Available
Rector Paul D $307,500 None Available
Adrienne Y Brochu T -- --
Adrienne Y Brochu T Y -- --
Bancroft Steven E $130,000 --
Bancroft Steven E $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Susan $150,000
Previous Owner Rector Paul D $227,499
Previous Owner Bancroft Steven E $115,000
Previous Owner Bancroft Steven E $100,000
Previous Owner Bancroft Steven E $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2021 10/25/21 Sold $307,500 -3.9% $311 / Sq Ft
09/06/2021 09/06/21 Pending -- -- --
08/05/2021 08/05/21 Price Changed $320,000 -5.9% $323 / Sq Ft
05/25/2021 05/25/21 For Sale $339,900 0.0% $343 / Sq Ft
02/01/2019 02/01/19 Rented $1,500 0.0% --
01/29/2019 01/29/19 Under Contract -- -- --
01/17/2019 01/17/19 For Rent $1,500 +50.0% --
12/01/2015 12/01/15 Rented $1,000 -23.1% --
10/28/2015 10/28/15 Under Contract -- -- --
10/22/2015 10/22/15 For Rent $1,300 -- --
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 $3,843 $206,300 $0 $206,300
2024 $3,724 $206,300 $0 $206,300
2023 $2,770 $122,600 $0 $122,600
2022 $2,777 $122,600 $0 $122,600
2021 $2,750 $122,600 $0 $122,600
2020 $2,674 $122,600 $0 $122,600
2019 $2,654 $122,600 $0 $122,600
2018 $2,974 $136,100 $0 $136,100
2017 $2,989 $136,100 $0 $136,100
2016 $2,937 $136,100 $0 $136,100
2015 $2,869 $136,100 $0 $136,100
2014 $2,857 $136,100 $0 $136,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170397282

SmartMLS

APN: ESSE-000046-000000-000009-000015