NOT LISTED FOR SALE

31 Liberty St Pawcatuck, CT 06379

Estimated Value: $403,787 - $488,000

5 Beds
2 Baths
2,427 Sq Ft
$181/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $340,000 $140 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,536/month

622 Days on Market

Highlights

  • No HOA
  • 4 Car Detached Garage
  • Level Lot
  • Stonington Middle School Rated A-
  • Porch

About This Home

As of June 2022

Convenient location, walk to downtown Pawcatuck and Westerly! Commercially zoned property, The conceptual site plan shown is with an eight unit 2-story building with parking in front keeping the existing two family home and converting it to commercial use. The existing building can also be expanded adding 800 additional square feet of space. Great investment opportunity. PV-5 zoning.

Last Agent to Sell the Property

Thomas Switz

Switz Real Estate Associates License #REB.0757584 Listed on: 09/22/2020

Last Buyer's Agent

Jon Arruda

William Pitt Sotheby's Int'l License #REB.0789221

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,427

Year Built

  • Built in 1880

Lot Details

  • 0.7 Acre Lot
  • Level Lot

Parking

  • 4 Car Detached Garage

Home Design

  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 2,427 Sq Ft Home
  • Partial Basement

Outdoor Features

  • Porch

Schools

  • Stonington High School

Utilities

  • Radiator
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,427

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Neighborhood: Pawcatuck
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2427
  • Public Record Living Room Sq Ft: 2427
  • Total Sq Ft: 2427
  • Year Built: 1880
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 4800
  • Tax Year Updated Dt: 07/26/2021
  • Directions: Route 2/Liberty St next to Pawcatuck Fire Station and across from Dairy Queen.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Description: Partial
  • Attic: No

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Aluminum
  • Foundation Type: Block, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 4

Utilities

  • Heat Type: Radiator
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic, Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.7000
  • Lot Description: Level Lot
  • Zoning: PV-5

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 3427
  • Mil Rate Base: 23.850
  • Mil Rate Tax District: 1.800
  • Assessor Parcel Number: 2077372

Multi Family

  • Total Num Of Units: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2023
Sold by
School Place Prop Llc
Bought by
Arruda Jon
Current Estimated Value
$425,980

Purchase Details

Listed on
Sep 22, 2020
Closed on
Jun 1, 2022
Sold by
31 Liberty Street Llc
Bought by
School Place Prop Llc
Seller's Agent
Thomas Switz
Switz Real Estate Associates
Buyer's Agent
Jon Arruda
William Pitt Sotheby's Int'l
List Price
$550,000
Sold Price
$340,000
Premium/Discount to List
-$210,000
-38.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%

Purchase Details

Listed on
Nov 7, 2011
Closed on
Sep 26, 2012
Sold by
Lopresto Frances Est and Alferi
Bought by
31 Liberty Street Llc
Seller's Agent
Thomas Switz
Switz Real Estate Associates
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.13%
Original Mortgage
$1,237,500
Interest Rate
5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Arruda Jon -- None Available
Arruda Jon -- None Available
School Place Prop Llc $340,000 None Available
31 Liberty Street Llc $145,000 --
31 Liberty Street Llc $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 31 Liberty Street Llc $1,237,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2022 06/27/22 Sold $340,000 -9.3% $140 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
04/13/2022 04/13/22 Price Changed $375,000 -21.1% $155 / Sq Ft
03/25/2021 03/25/21 Price Changed $475,000 -13.6% $196 / Sq Ft
09/22/2020 09/22/20 For Sale $550,000 0.0% $227 / Sq Ft
09/25/2013 09/25/13 Rented $1,250 0.0% --
09/23/2013 09/23/13 Under Contract -- -- --
08/14/2013 08/14/13 For Rent $1,250 0.0% --
09/27/2012 09/27/12 Sold $145,000 -3.3% $53 / Sq Ft View Prior Sale
07/18/2012 07/18/12 Pending -- -- --
11/07/2011 11/07/11 For Sale $150,000 -- $55 / 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 $3,974 $199,900 $47,400 $152,500
2024 $4,189 $219,900 $47,400 $172,500
2023 $4,190 $219,900 $47,400 $172,500
2022 $3,421 $133,600 $42,300 $91,300
2021 $3,427 $133,600 $42,300 $91,300
2020 $3,361 $133,600 $42,300 $91,300
2019 $3,355 $133,600 $42,300 $91,300
2018 $3,241 $133,600 $42,300 $91,300
2017 $2,935 $119,200 $39,500 $79,700
2016 $2,855 $119,200 $39,500 $79,700
2015 $2,680 $119,200 $39,500 $79,700
2014 $2,621 $119,200 $39,500 $79,700
Source: Public Records

Agents Affiliated with this Home

  • Thomas Switz

    Seller's Agent in 2022

    Thomas Switz

    Switz Real Estate Associates

    (860) 572-9501

    126 in this area

    266 Total Sales

    Thomas Switz
    Section Image
  • Jon Arruda

    Buyer's Agent in 2022

    Jon Arruda

    William Pitt

    (860) 536-5900

    22 in this area

    146 Total Sales

    Jon Arruda
    Section Image

  • R

    Seller's Agent in 2013

    Robert Birmingham

    Hunter Moore and Stearns

See All Agents

Map

Source: SmartMLS

MLS Number: 170339696

SmartMLS

APN: STON-000001-000003-000015

Connecticut New London County Pawcatuck 06379

31 Liberty St, Pawcatuck, CT

Not Listed for Sale

MultiFamily

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