NOT LISTED FOR SALE

31 Reservoir St Bethel, CT 06801

Estimated Value: $513,287 - $601,000

5 Beds
2 Baths
2,046 Sq Ft
$275/Sq Ft Est. Value

Last Sold November 21, 2019

Last sale price $359,000 $175 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,587/month

125 Days on Market

Highlights

  • Deck
  • Finished Attic
  • Corner Lot
  • Bethel High School Rated A-
  • Attic
  • No HOA

About This Home

As of November 2019

Close to town multi-family home fully rented. Clean and updated units. First floor has two bedrooms, large living room, and access to the front porch. Second floor has three bedrooms, and deck for grilling. Plenty of off street parking. City services. Low maintence costs. Great for owner occupied.

Last Agent to Sell the Property

April Furey

Keller Williams Realty Prtnrs. License #RES.0766221 Listed on: 07/19/2019

Keller Williams Realty Prtnrs.

Last Buyer's Agent

Patrick Pellicone

Berkshire Hathaway NE Prop. License #RES.0812572

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,660

Year Built

  • Built in 1920

Lot Details

  • 0.37 Acre Lot
  • Corner Lot

Home Design

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

Interior Spaces

  • 2,046 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Finished Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Deck
  • Shared Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Schools

  • Bethel High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $32,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,660

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2046
  • Public Record Living Room Sq Ft: 2046
  • Total Sq Ft: 2046
  • Year Built: 1920
  • Remarks Public Addendum: Close to town multi-family home fully rented. Clean and updated units. First floor has two bedrooms, large living room, and access to the front porch. Second floor has three bedrooms, and deck for grilling. Plenty of off street parking. City services. Low
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Tax Year Updated Dt: 08/05/2019
  • Directions: Grassy Plain to Reservoir
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Finished
  • Basement Description: Full
  • Laundry Room Info: Hook-Up In Unit 1
  • Attic: Yes
  • Street Number Modifier: 31

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.3700
  • Lot Description: Corner Lot
  • Zoning: R-10

Multi Family

  • Gross Annual Income: 32700
  • Net Operating Income: 25364
  • Unit Count: 2
  • Total Multi Family: 9
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 5660
  • Total Assessed Value: 169400
  • Mil Rate Base: 33.410
  • Mil Rate Total: 33.410
  • Assessor Parcel Number: 5924

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2019
Closed on
Nov 19, 2019
Sold by
Rondano Patrick J and Rondano Randi B
Bought by
Suarez Carlos
Seller's Agent
April Furey
Keller Williams Realty Prtnrs.
Buyer's Agent
Patrick Pellicone
Berkshire Hathaway NE Prop.
List Price
$379,000
Sold Price
$359,000
Premium/Discount to List
-$20,000
-5.28%
Current Estimated Value
$563,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,072
Avg. Annual Appreciation
6.85%
Original Mortgage
$287,200
Outstanding Balance
$255,447
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$272,696

Purchase Details

Closed on
Jun 2, 2008
Sold by
Draper Tim and Draper Laurel
Bought by
Rondano Patrick and Rondano Randi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 1999
Sold by
David Louis J and David Mary C
Bought by
Draper Timothy P and Draper Laurel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,500
Interest Rate
7.38%
Mortgage Type
Purchase Money Mortgage
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
Suarez Carlos $359,000 --
Rondano Patrick $340,000 --
Draper Timothy P $156,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suarez Carlos $287,200
Previous Owner David Louis $285,000
Previous Owner David Louis $306,000
Previous Owner David Louis $109,500
Previous Owner David Louis $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2019 12/10/19 Pending -- -- --
11/21/2019 11/21/19 Sold $359,000 -5.3% $175 / Sq Ft
07/19/2019 07/19/19 For Sale $379,000 0.0% $185 / Sq Ft
10/31/2014 10/31/14 Rented $1,300 -6.8% --
10/01/2014 10/01/14 Under Contract -- -- --
07/16/2014 07/16/14 For Rent $1,395 -- --
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 $7,043 $241,430 $78,120 $163,310
2023 $6,864 $241,430 $78,120 $163,310
2022 $5,860 $169,400 $78,120 $91,280
2021 $5,804 $169,400 $78,120 $91,280
2020 $5,716 $169,400 $78,120 $91,280
2019 $5,660 $169,400 $78,120 $91,280
2018 $5,568 $169,400 $78,120 $91,280
2017 $5,296 $161,080 $64,340 $96,740
2016 $5,182 $161,080 $64,340 $96,740
2015 $5,184 $161,080 $64,340 $96,740
2014 $5,172 $161,080 $64,340 $96,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170215127

SmartMLS

APN: BETH-000008-000007-000067