NOT LISTED FOR SALE

320 Lestertown Rd Groton, CT 06340

Estimated Value: $426,000 - $509,000

5 Beds
2.5 Baths
2,311 Sq Ft
$199/Sq Ft Est. Value

Last Sold July 20, 2020

Last sale price $319,000 $138 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,978/month

22 Days on Market

Highlights

  • Above Ground Pool
  • Covered Deck
  • No HOA
  • Waterfront
  • Property is near public transit
  • Walking Distance to Water

About This Home

As of July 2020

Great opportunity to own a two family,income producing property with the feel of a single family home!!! This two family home has been meticulously maintained and updated, pride of ownership through out. 1st unit offers 4 bedrooms 1.5 baths completely renovated with hard woods new tile flooring and marble countertops with matching high end appliances a must see. Unit 2 offers private entrance plus private parking, open floor plan with cathedral ceilings. 1 bedroom 1 bath laundry in unit, with a great rental history. LOCATION LOCATION LOCATION !!! located close to highway, Downtown Groton, minutes to beaches, casinos, Mystic and shopping/dining. Close to EB, Naval base , Pfizer.

Last Agent to Sell the Property

Dylan LaGrandeur

Seaport Real Estate Services License #RES.0805892 Listed on: 05/29/2020

Last Buyer's Agent

Paula Turley

CR Premier Properties License #REB.0794370

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,428

Year Built

  • Built in 1900

Lot Details

  • 0.37 Acre Lot
  • Waterfront
  • Level Lot
  • Garden

Property Views

  • Water
  • City

Home Design

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

Interior Spaces

  • 2,311 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms

Home Security

  • Smart Locks
  • Storm Doors

Parking

  • Parking Deck
  • Shared Driveway
  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Accessible Home Design

  • Multiple Entries or Exits

Outdoor Features

  • Above Ground Pool
  • Walking Distance to Water
  • Covered Deck
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Schools

  • Fitch Senior High School

Utilities

  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Uses Propane
  • 60 Gallon+ Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,428

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2311
  • Public Record Living Room Sq Ft: 2311
  • Total Sq Ft: 2311
  • Year Built: 1900
  • Nearby Amenities: Basketball Court, Commuter Bus, Medical Facilities, Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Handicap Features: Multiple Entries/Exits
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 2311
  • Tax Year Updated Dt: 07/13/2020
  • Directions: Navigation friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Description: Full With Hatchway, Unfinished
  • Laundry Room Info: All Units Have Hook-Ups, Hook-Up In Unit 1, Hook-Up In Unit 2
  • Attic: No
  • Home Automation: Lock(s)
  • Street Number Modifier: 320

Exterior Features

  • Exterior Features: Covered Deck, Deck, Garden Area, Gutters, Porch
  • Exterior Siding: Vinyl Siding, Aluminum
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: View, Walk to Water
  • Swimming Pool: Yes
  • Pool: Above Ground Pool
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Oil, Propane
  • Fuel Tank Location: In Basement
  • Hot Water Description: 100 Gallon Tank, Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Fitch Senior
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Storm Doors, Thermopane Windows

Lot Info

  • Acres: 0.3740
  • Lot Description: City Views, Water View, Level Lot
  • Flood Zone: No
  • Zoning: R-12

Multi Family

  • Unit Count: 2
  • Total Multi Family: 9
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4428
  • Total Assessed Value: 147700
  • Mil Rate Base: 25.110
  • Mil Rate Tax District: 4.870
  • Mil Rate Total: 29.980
  • Assessor Parcel Number: 1949193

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Fitch Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2021
Sold by
Provatas Mary E
Bought by
Provatas Georgios A
Current Estimated Value
$460,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,500
Outstanding Balance
$294,062
Interest Rate
3.09%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$160,233

Purchase Details

Listed on
May 29, 2020
Closed on
Jul 20, 2020
Sold by
Capone John J
Bought by
Provatas Georgios A and Provatas Mary E
Seller's Agent
Dylan LaGrandeur
Seaport Real Estate Services
Buyer's Agent
Paula Turley
CR Premier Properties
List Price
$299,000
Sold Price
$319,000
Premium/Discount to List
$20,000
6.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$313,222
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 29, 2007
Sold by
Capone Christina
Bought by
Capone 3Rd John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.15%

Purchase Details

Closed on
Oct 21, 2003
Sold by
Capone John and Capone Rene
Bought by
Capone Christine

Purchase Details

Closed on
Mar 9, 2001
Sold by
Sawyer Richard K
Bought by
Capone Wendy S

Purchase Details

Closed on
Mar 27, 1989
Sold by
Capone Wendy
Bought by
Capone John
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
Provatas Georgios A -- None Available
Provatas Georgios A -- None Available
Provatas Georgios A $319,000 None Available
Provatas Georgios A $319,000 None Available
Capone 3Rd John J $295,000 --
Capone 3Rd John J $295,000 --
Capone Christine $200,000 --
Capone Christine $200,000 --
Capone Wendy S $150,000 --
Capone Wendy S $150,000 --
Capone John $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Provatas Georgios A $318,500
Closed Provatas Georgios A $318,500
Previous Owner Provatas Georgios A $313,222
Previous Owner Capone John $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2020 07/20/20 Sold $319,000 +6.7% $138 / Sq Ft
05/29/2020 05/29/20 For Sale $299,000 -- $129 / 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 $5,658 $199,500 $92,386 $107,114
2024 $5,343 $199,500 $92,386 $107,114
2023 $5,147 $199,500 $46,480 $153,020
2022 $5,021 $199,500 $46,480 $153,020
2021 $4,418 $147,700 $46,480 $101,220
2020 $4,428 $147,700 $46,480 $101,220
2019 $4,248 $147,700 $46,480 $101,220
2018 $4,232 $147,700 $46,480 $101,220
2017 $4,007 $147,700 $46,480 $101,220
2016 $4,073 $159,530 $60,620 $98,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170299210

SmartMLS

APN: GROT-001689-001026-009523