$368,000
SOLD JUN 17, 2022

335 Rope Ferry Rd Waterford, CT 06385

4 Beds
2 Baths
2,017 Sq Ft
0.3 Acres

Recently Sold

$182 Per Sq Ft

12% Above List Price

18 Days on Market

Highlights

  • Attic
  • No HOA
  • Garden
  • Waterford High School Rated A-
  • Shed
  • Baseboard Heating

About This Home

As of June 2022

See and smell the saltwater from this rare multi-family in highly desirable Waterford just a short distance to beaches, boardwalks, restaurants, and all the amenities that downtown Niantic offers. An investment dream, cash flow immediately with this turn-key, updated up and down two-family. Each unit has 2 bedrooms and 1 bathroom. Both units have lots of updates, 2nd floor apt has been recently renovated with newer windows throughout, hardwood floors, a new kitchen, and an updated bathroom. 1st Floor apt has many upgrades, both units have high-efficiency heat pump 50-gallon electric hot water tanks. All appliances are relatively new and in excellent working condition. 100% occupancy rate for last 10 years with many multi-year tenants. Ample off-street parking for at least 4 cars, a storage shed, and a large backyard that once housed a majestic garden. Both leases expire May 31 and are below market rate. Boating, fishing, running, walking, etc... all in your backyard. Perfect investment property, owner-occupied, short-term rentals, or a vacation getaway.

Last Agent to Sell the Property

John Poulsen

RE/MAX RISE License #RES.0790525 Listed on: 05/02/2022

RE/MAX RISE

Last Buyer's Agent

Lu-Ann Perkins

RE/MAX on the Bay License #REB.0794708

RE/MAX on the Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,589

Year Built

  • Built in 1935

Lot Details

  • 0.3 Acre Lot
  • Level Lot
  • Garden

Parking

  • Driveway

Home Design

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

Interior Spaces

  • 2,017 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Shed

Schools

  • Clark Lane Middle School

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Exclusions: Please see inclusion exclusion form

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,589

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2017
  • Public Record Living Room Sq Ft: 2017
  • Total Sq Ft: 2017
  • Year Built: 1935
  • Remarks Public Addendum: Tenants in place so showings will be restricted to certain hours. Check Showing time.
  • Property Sub Type: 2 Family
  • Exclusions: Please see inclusion exclusion form
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2845
  • Directions: Please use GPS
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Attic: Yes
  • Street Number Modifier: 335

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Driveway
  • Driveway Type: Paved

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Clark Lane
  • High School: Per Board of Ed
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.3000
  • Lot Description: Level Lot
  • Zoning: R-20

Multi Family

  • Unit Count: 2
  • Total Multi Family: 8
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 3589
  • Total Assessed Value: 129850
  • Mil Rate Base: 27.640
  • Mil Rate Total: 27.640
  • Assessor Parcel Number: 1586710

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Clark Lane
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Jun 3, 2022
Sold by
Mastrangelo Luca D
Bought by
Duby Christopher and Costa Danielle
Seller's Agent
Lu-Ann Perkins
RE/MAX on the Bay
Buyer's Agent
Judy Meucci
Willow Properties
Sold Price
$1,700
Current Estimated Value
$390,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,568
Avg. Annual Appreciation
1.07%

Purchase Details

Closed on
Mar 1, 2010
Sold by
Bracciale Rocco L
Bought by
Mastrangelo Luca D
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $368,000 None Available
Warranty Deed $229,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $212,261 FHA
Previous Owner $100,000 No Value Available
Previous Owner $65,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Rented $1,700 0.0% --
07/13/2022 07/13/22 For Rent $1,700 0.0% --
06/17/2022 06/17/22 Sold $368,000 +11.9% $182 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $329,000 -- $163 / 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 $4,991 $213,640 $75,350 $138,290
2024 $4,764 $213,640 $75,350 $138,290
2023 $4,529 $213,640 $75,350 $138,290
2022 $3,579 $129,850 $60,060 $69,790
2021 $3,589 $129,850 $60,060 $69,790
2020 $3,619 $129,850 $60,060 $69,790
2019 $3,633 $129,850 $60,060 $69,790
2018 $3,560 $129,850 $60,060 $69,790
2017 $4,432 $163,950 $76,440 $87,510
2016 $4,391 $163,950 $76,440 $87,510
2015 $4,235 $163,950 $76,440 $87,510
2014 $4,066 $163,950 $76,440 $87,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170485890

SmartMLS

APN: WATE-000150-000000-007050