NOT LISTED FOR SALE

31 Prospect St Essex, CT 06426

Estimated Value: $854,000 - $1,288,360

4 Beds
3 Baths
2,949 Sq Ft
$358/Sq Ft Est. Value

Last Sold May 22, 2019

Last sale price $565,000 $192 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $6,481/month

370 Days on Market

Highlights

  • River Front
  • The property is located in a historic district
  • Colonial Architecture
  • Valley Regional High School Rated A-
  • Sub-Zero Refrigerator
  • 5-minute walk to Essex Town Green

About This Home

As of May 2019

Circa 1873, Colonial perched overlooking Main Street and down the Connecticut River Historic "Prospect Street" location puts you just steps to the most wonderful and enchanting shops in the Essex Village as well as World Class Marinas and Restaurants This Classic Home, while tastefully updated, still maintains the ambiance of a time gone by Custom Built with 10' Ceilings, most accented with wonderful Mouldings and Built Ins Updated Mechanical's are the Finishing Touch whether you're looking for your Primary Residence or a Second Home Come see if this Majestic Home is what you've been Looking for !!

Last Agent to Sell the Property

Tom Clancy

William Pitt Sotheby's Int'l License #RES.0122050 Listed on: 05/03/2018

William Pitt Sotheby's Int'l

Last Buyer's Agent

Amy Rio

Executive Real Estate Inc. License #REB.0788717

Executive Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,259

Year Built

  • Built in 1873

Lot Details

  • 10,019 Sq Ft Lot
  • River Front
  • Partially Wooded Lot
  • Garden

Property Views

  • Water
  • City

Home Design

  • Colonial Architecture
  • Antique Architecture
  • Brick Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 2,949 Sq Ft Home
  • 1 Fireplace
  • Entrance Foyer
  • Concrete Flooring

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Sub-Zero Refrigerator
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

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

Attic

  • Walkup Attic
  • Partially Finished Attic

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Home Security System
  • Storm Doors

Parking

  • Parking Deck
  • Driveway
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Walking Distance to Water
  • Covered Deck
  • Patio

Location

  • Property is near a bus stop
  • The property is located in a historic district

Schools

  • Essex Elementary School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Power Generator
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,259

Year Built

Built in 1873

Lot Details

0

Listing Details

  • Neighborhood: Essex Village
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial, Antique
  • Sq Ft Est Heated Above Grade: 2949
  • Public Record Living Room Sq Ft: 2949
  • Total Sq Ft: 2949
  • Year Built: 1873
  • Nearby Amenities: Basketball Court, Library, Medical Facilities, Park, Public Rec Facilities, Tennis Courts, Walk to Bus Lines
  • In Law Access: First Floor
  • In Law Apartment: Possible
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Public Record Gross Sq Ft: 5761
  • Directions: WEST AVENUE OR N. MAIN TO PROSPECT
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Attic Description: Walk-up, Partially Finished, Heated
  • Basement Description: Full With Walk-Out, Unfinished, Concrete Floor
  • Interior Amenities: Cable - Pre-wired
  • Appliances: Oven/Range, Microwave, Range Hood, Subzero, Icemaker, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Location: OFF KITCHEN W/CABINETS AND FOLDING TABLE
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Home Automation: Security System
  • Street Number Modifier: 31

Exterior Features

  • Exterior Features: Covered Deck, Deck, Garden Area, Patio, Sidewalk
  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Brick
  • Roof Information: Asphalt Shingle
  • Waterfront Description: River, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Crushed Stone

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Extra Insulation, Generator, Storm Doors

Lot Info

  • Acres: 0.2300
  • Lot Description: Historic District, Dry, City Views, Water View, Lightly Wooded, Fence - Wood
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RES

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 10259
  • Total Assessed Value: 469500
  • Mil Rate Base: 21.960
  • Mil Rate Total: 21.850
  • Assessor Parcel Number: 987030

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2018
Closed on
May 22, 2019
Sold by
Reifer Joseph R Est
Bought by
Pirsig William W and Pirsig Laura D
Seller's Agent
Tom Clancy
William Pitt Sotheby's Int'l
Buyer's Agent
Amy Rio
Executive Real Estate Inc.
List Price
$590,000
Sold Price
$565,000
Premium/Discount to List
-$25,000
-4.24%
Current Estimated Value
$1,056,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$491,090
Avg. Annual Appreciation
10.47%
Original Mortgage
$452,000
Outstanding Balance
$399,063
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$660,853
Source: Public Records

Range of Values:

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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
Pirsig William W $565,000 --
Pirsig William W $565,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pirsig William W $123,100
Open Pirsig William W $452,000
Closed Pirsig William W $452,000
Previous Owner Clarke Fge $536,000
Previous Owner Clarke Fge $603,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2019 05/22/19 Sold $565,000 -4.2% $192 / Sq Ft
05/08/2019 05/08/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $590,000 +4.4% $200 / Sq Ft
02/28/2019 02/28/19 Off Market $565,000 -- --
11/10/2018 11/10/18 Price Changed $590,000 -9.2% $200 / Sq Ft
09/27/2018 09/27/18 Price Changed $650,000 -6.5% $220 / Sq Ft
06/29/2018 06/29/18 Price Changed $695,000 -2.8% $236 / Sq Ft
05/03/2018 05/03/18 For Sale $715,000 -- $242 / 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 $10,247 $550,000 $212,800 $337,200
2024 $9,904 $548,700 $212,800 $335,900
2023 $9,379 $415,200 $183,100 $232,100
2022 $9,359 $413,200 $183,100 $230,100
2021 $9,268 $413,200 $183,100 $230,100
2020 $8,739 $400,700 $183,100 $217,600
2019 $8,675 $400,700 $183,100 $217,600
2018 $10,259 $469,500 $209,200 $260,300
2017 $10,310 $469,500 $209,200 $260,300
2016 $10,132 $469,500 $209,200 $260,300
2015 $9,897 $469,500 $209,200 $260,300
2014 $9,855 $469,500 $209,200 $260,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170079033

SmartMLS

APN: ESSE-000031-000000-000030