NOT LISTED FOR SALE

29 Mechanics St Unit 31 Putnam, CT 06260

Putnam Neighborhood

Estimated Value: $362,097 - $413,000

6 Beds
2 Baths
2,900 Sq Ft
$135/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $249,900 $86 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,735/month

43 Days on Market

Highlights

  • Deck
  • Porch
  • Baseboard Heating
  • No HOA
  • Heating system powered by solar not connected to the grid
  • Laundry Facilities

About This Home

As of June 2020

Looking for an income property?! This is it! This recently renovated 2-family in Putnam has everything you are looking for! 3 bedrooms in each unit; 3 year old roof; energy efficient solar panels; town water/sewer hook-ups; large, tastefully updated rooms throughout; enclosed porch/storage space and located minutes from Routes 395 & 44 and downtown Putnam! Used as an Airbnb rental for the past couple of years, this property is ready to make its next owner instant income! Don't wait! Call to set up your private showing today!

Last Listed By

Lisa Perry

CR Premier Properties License #RES.0800296 Listed on: 03/15/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,644

Year Built

  • Built in 1912

Lot Details

  • 0.49

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,900 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Deck
  • Shared Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Schools

  • Putnam Elementary School
  • Putnam High School

Additional Features

  • Heating system powered by solar not connected to the grid
  • 0.49 Acre Lot
  • Baseboard Heating

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,644

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2900
  • Public Record Living Room Sq Ft: 3140
  • Total Sq Ft: 2900
  • Year Built: 1912
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 7328
  • Directions: Route 44 to Route 12
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full
  • Laundry Room Info: Common Laundry Area
  • Attic: No
  • Street Number Modifier: 29

Exterior Features

  • Exterior Features: Deck, Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Solar
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Putnam
  • High School: Putnam

Lot Info

  • Acres: 0.4900
  • Lot Description: N/A
  • Zoning: R-7

Multi Family

  • Unit Count: 2
  • Total Multi Family: 13
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 3644
  • Total Assessed Value: 115100
  • Mil Rate Base: 22.060
  • Mil Rate Tax District: 9.600
  • Mil Rate Total: 31.660
  • Assessor Parcel Number: 1711002

MLS Schools

  • Elementary School: Putnam
  • High School: Putnam

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2020
Closed on
Jun 8, 2020
Sold by
Chacon Walter
Bought by
Hernandez-Laureano C A C and Hernandez-Laureano A M
Seller's Agent
Lisa Perry
CR Premier Properties
Buyer's Agent
David Leal
Keller Williams Realty Gr.Worc
List Price
$249,900
Sold Price
$249,900
Total Days on Market
43
Current Estimated Value
$392,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,124
Avg. Annual Appreciation
9.25%

Purchase Details

Listed on
Aug 25, 2016
Closed on
Nov 18, 2016
Sold by
Deutsche Bk Natl T Co
Bought by
Chacon Walter G
Seller's Agent
Melinda Titus
M. Titus Realty
Buyer's Agent
Melinda Titus
M. Titus Realty
List Price
$30,500
Sold Price
$35,000
Premium/Discount to List
$4,500
14.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
73.70%

Purchase Details

Closed on
Aug 25, 2015
Sold by
Deutsche Bank Natl T C
Bought by
Green Chris

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

Similar Homes in Putnam, CT

  • 67 Walnut St, Putnam, CT 06260

    $349,900

    • 6 Beds
    • 3 Baths
    • 2,615 Sq Ft
    • 67 Walnut St
    • Putnam, CT

    This 3-family property at 67 Walnut St in Putnam is a fantastic investment opportunity in a prime location just minutes from downtown. The first and second-floor units are already rented, providing immediate rental income, while the third-floor unit requires some work but has great potential to increase profitability once updated. Situated in a desirable area, this property offers easy access to

    Sean Doran William Raveis Real Estate

    Section Image
  • 86-88 Wilkinson St, Putnam, CT 06260

    $349,000

    • 6 Beds
    • 2 Baths
    • 2,680 Sq Ft
    • 86-88 Wilkinson St
    • Putnam, CT

    ** Major price reduction. $349k as-is. BProperty being renovated and price will go back to 375k once completed. Decks are being repaired and painted. Welcome to 86-88 Wilkinson St, Putnam! This charming, large 2-family Victorian style home is located close to the heart of Downtown Putnam, CT. A gem of Victorian architecture, this property has beautiful curb appeal and spacious living spaces.

    Anthony Chabot Chabot & Associates Real Estate

    Section Image
  • 54 Farrows St, Putnam, CT 06260

    $349,900

    • 5 Beds
    • 2 Baths
    • 1,938 Sq Ft
    • 54 Farrows St
    • Putnam, CT

    Incredible opportunity to own a charming 2-family home that's been lovingly used as a single-family for the past 25 years! Delivered fully vacant, this property offers flexible living with a pro forma rent roll averaging $3,000/month-perfect for investors or owner-occupants. The first floor features 1-2 bedrooms and a full bath, while the second floor offers 3 bedrooms and another full bath.

    Brooke Packard Lamacchia Realty

    Section Image
  • 341 Woodstock Ave, Putnam, CT 06260

    $375,000

    • 5 Beds
    • 2 Baths
    • 2,450 Sq Ft
    • 341 Woodstock Ave
    • Putnam, CT

    Graciously charming 2 family home located on a large lot. Occupied & updated units. Second floor completely remodeled most recently. Electrical newly updated. All utilities separate. Lovely enclosed porch in first floor unit. Upstairs unit occupies finished space in attic as well. Large barn for parking and storage. Terrific backyard with firepit and garden. Yard boasts beautiful perennials

    Amy Brunet Brunet and Company Real Estate

    Section Image

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
Hernandez-Laureano C A C $249,900 None Available
Chacon Walter G $35,299 --
Green Chris $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez-Laureano C A C $248,551
Previous Owner Green Paula L $100,000
Previous Owner Green Paula L $69,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2020 06/16/20 For Sale $249,900 0.0% $86 / Sq Ft
06/15/2020 06/15/20 Off Market $249,900 -- --
06/12/2020 06/12/20 Sold $249,900 0.0% $86 / Sq Ft
03/15/2020 03/15/20 For Sale $249,900 +614.0% $86 / Sq Ft
11/19/2016 11/19/16 Sold $35,000 0.0% $12 / Sq Ft
11/18/2016 11/18/16 Sold $35,000 +14.8% $12 / Sq Ft
11/14/2016 11/14/16 Pending -- -- --
10/11/2016 10/11/16 For Sale $30,500 0.0% $11 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
08/25/2016 08/25/16 Price Changed $30,500 0.0% $11 / Sq Ft
08/25/2016 08/25/16 Price Changed $30,500 -24.7% $11 / Sq Ft
08/25/2016 08/25/16 For Sale $40,500 0.0% $14 / Sq Ft
07/28/2016 07/28/16 Price Changed $40,500 -33.0% $14 / Sq Ft
05/31/2016 05/31/16 For Sale $60,420 -- $21 / 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 $7,861 $237,200 $31,400 $205,800
2023 $4,676 $147,100 $25,100 $122,000
2022 $4,514 $147,100 $25,100 $122,000
2021 $4,389 $147,100 $25,100 $122,000
2020 $4,389 $147,100 $25,100 $122,000
2019 $3,644 $115,100 $27,000 $88,100
2018 $3,358 $110,300 $27,000 $83,300
2017 $2,220 $75,500 $27,000 $48,500
2016 $1,996 $75,500 $27,000 $48,500
2015 -- $75,500 $27,000 $48,500
2014 $2,370 $101,000 $39,400 $61,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170281583

SmartMLS

APN: PUTN-000008-000000-000131