NOT LISTED FOR SALE

303 Main St Durham, CT 06422

Estimated Value: $510,791 - $630,000

8 Beds
3 Baths
3,866 Sq Ft
$155/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $350,000 $91 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,929/month

8 Days on Market

Highlights

  • The property is located in a historic district
  • Attic
  • Enclosed Patio or Porch
  • Deck
  • No HOA
  • Private Driveway

About This Home

As of July 2020

TRIFECTA - an owner-occupied investment opportunity winner! Use the rental income of $2825 a month from the duplex to help offset your mortgage and live in the detached apartment barn/garage. This property is in the heart of historic Main Street. The owner's unit has a large private deck, great room with vaulted wood ceilings, and two bedrooms. The lot is lush and level and offers 1.46 acres. There is plenty of parking with more than enough spaces. The duplex is in good condition with happy renters! This property is in the heart of historic Main Street with an easy stroll to Durham Pharmacy, post office, Durham Market, library, and the ever-popular Dari Serve.

Last Agent to Sell the Property

Debbie Huscher

Real Broker CT, LLC License #RES.0766293 Listed on: 05/20/2020

Real Broker CT, LLC

Last Buyer's Agent

Nancy Currlin

William Raveis Real Estate License #REB.0153077

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,301

Year Built

  • Built in 1850

Lot Details

  • 1.46 Acre Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 3,866 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck
  • Private Driveway

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Location

  • The property is located in a historic district

Schools

  • Brewster Elementary School
  • Ward Strong Middle School
  • Memorial Middle School
  • Coginchaug Regional High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,301

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Neighborhood: Durham Center
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 3866
  • Total Sq Ft: 3866
  • Year Built: 1850
  • Nearby Amenities: Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Stables/Riding, Tennis Courts
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Encumbrances Restrictions: Regulated Historic District
  • Directions: Main St, between 68 and 147
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes
  • Street Number Modifier: 303

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Under House Garage
  • Garages Number: 2
  • Driveway Type: Private, Crushed Stone

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic, Electric
  • Water Source: Public Water Connected, Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Brewster
  • Middle School: Ward Strong
  • High School: Coginchaug Regional
  • Intermediate School: Memorial

Lot Info

  • Acres: 1.4600
  • Lot Description: Historic District, Level Lot
  • Zoning: MR/FR

Multi Family

  • Unit Count: 3
  • Total Multi Family: 17
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 9301
  • Total Assessed Value: 259140
  • Mil Rate Base: 35.890
  • Mil Rate Total: 35.890
  • Assessor Parcel Number: 965480

MLS Schools

  • Elementary School: Brewster
  • Middle Jr High School: Ward Strong
  • High School: Coginchaug Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2020
Closed on
Jul 15, 2020
Sold by
Ferrara William
Bought by
Seymour Daniel
Seller's Agent
Debbie Huscher
Real Broker CT, LLC
Buyer's Agent
Nancy Currlin
William Raveis Real Estate
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$597,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,948
Avg. Annual Appreciation
8.65%
Original Mortgage
$273,600
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2018
Closed on
Jul 12, 2018
Sold by
Jackson John A
Bought by
Ferrara William D
Seller's Agent
Lori Vogel
William Raveis Real Estate
Buyer's Agent
Tracey Daddio
Century 21 AllPoints Realty
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.74%
Original Mortgage
$331,987
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Jun 2, 1981
Bought by
Jackson John A
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
Seymour Daniel $350,000 None Available
Ferrara William D $325,000 --
Jackson John A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seymour Daniel $273,600
Previous Owner Jackson John A $331,987
Previous Owner Jackson John A $143,200
Previous Owner Jackson John A $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $350,000 0.0% $91 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $350,000 +7.7% $91 / Sq Ft
07/11/2018 07/11/18 Sold $325,000 -7.1% $84 / Sq Ft
05/17/2018 05/17/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $349,900 -- $91 / 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 $9,113 $243,740 $78,940 $164,800
2024 $8,702 $243,740 $78,960 $164,780
2023 $8,477 $243,740 $78,960 $164,780
2022 $8,426 $243,740 $78,960 $164,780
2021 $8,667 $243,740 $78,960 $164,780
2020 $9,272 $259,140 $78,960 $180,180
2019 $9,301 $259,140 $78,960 $180,180
2018 $6,867 $259,140 $78,960 $180,180
2017 $10,236 $259,140 $78,960 $180,180
2016 $9,150 $259,140 $78,960 $180,180
2015 $9,350 $277,130 $111,860 $165,270
2014 $9,206 $277,130 $111,860 $165,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170297205

SmartMLS

APN: DURH-000127-000100J