Seller's Agent in 2025
Olivia Crable
Berkshire Hathaway Home Services
(860) 819-1935
1 in this area
20 Total Sales
35 Summer St Portland, CT 06480
5
Beds
4.5
Baths
4,535
Sq Ft
1.23
Acres
Highlights
- Barn
- 1.23 Acre Lot
- Attic
- Gildersleeve School Rated 9+
- Deck
- 2 Fireplaces
About This Home
As of July 2025Looking for a multi-family property with built-in rental income potential? This unique opportunity in Portland offers two separate residences on 1.23 level, fenced acres, tucked in a quiet neighborhood just minutes from downtown, golf, and the Connecticut River. The main residence spans 3,620 sq ft and features 4 bedrooms, 3.1 bathrooms, and significant updates throughout-including a new roof (2014), a propane boiler with on-demand hot water (2025), and energy-efficient mini splits. The kitchen and dining area open to a composite deck added in 2024, leading to a screened-in gazebo with electricity-perfect for relaxing or entertaining. The second home is a 915 sq ft Ranch-style residence with its own entrance, 1 bedroom, 1 full bath, and an open-concept layout. Whether you're looking to generate passive income, house extended family, or occupy one unit and rent the other, the setup is ready for flexible use. The property also includes a barn/workshop with electricity and lofted storage-great for additional storage or creative use. Well cared for and improved over the last 16 years, this property combines historic charm with income-producing potential-ideal for owner-occupants, investors, or multi-generational living.
Last Agent to Sell the Property
Berkshire Hathaway NE Prop. License #RES.0822595 Listed on: 06/12/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,855
Year Built
- Built in 1924
Lot Details
- 1.23 Acre Lot
- Level Lot
- Garden
Parking
- Parking Deck
Home Design
- Concrete Foundation
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 4,535 Sq Ft Home
- 2 Fireplaces
Bedrooms and Bathrooms
- 5 Bedrooms
Attic
- Storage In Attic
- Unfinished Attic
Unfinished Basement
- Partial Basement
- Basement Storage
Outdoor Features
- Walking Distance to Water
- Deck
- Gazebo
- Rain Gutters
Location
- Property is near shops
- Property is near a golf course
Schools
- Portland High School
Farming
- Barn
Utilities
- Mini Split Air Conditioners
- Ductless Heating Or Cooling System
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Oil
- Heating System Uses Oil Above Ground
- Heating System Uses Propane
- Tankless Water Heater
- Hot Water Circulator
- Propane Water Heater
- Oil Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 1035012
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 12, 2025
Closed on
Jul 25, 2025
Sold by
Pelkey James A and Pelkey Christine S
Bought by
Sudol Stanley M and Sudol Doreen
Seller's Agent
Olivia Crable
Berkshire Hathaway NE Prop.
Buyer's Agent
Moira Dill
mygoodagent
List Price
$554,900
Sold Price
$565,000
Premium/Discount to List
$10,100
1.82%
Views
995
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-45.80%
Original Mortgage
$289,987
Outstanding Balance
$289,987
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$228,584
Purchase Details
Closed on
Nov 1, 2010
Sold by
Berube Linda M
Bought by
Pelkey James A and Pelkey Christine S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,083
Interest Rate
4.5%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 9, 2008
Sold by
Berube Linda M
Bought by
M&R Custom Homes Llc
Purchase Details
Closed on
Mar 31, 1994
Sold by
Farmers & Mechanics Bk
Bought by
Kosis Linda M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
7.75%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $565,000 | -- | |
| Warranty Deed | $370,000 | -- | |
| Warranty Deed | $370,000 | -- | |
| Warranty Deed | $90,000 | -- | |
| Warranty Deed | $90,000 | -- | |
| Not Resolvable | $162,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $289,987 | New Conventional | |
| Previous Owner | $365,083 | FHA | |
| Previous Owner | $148,500 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | Sold | $565,000 | +1.8% | $125 / Sq Ft |
| 07/21/2025 07/21/25 | Pending | -- | -- | -- |
| 06/12/2025 06/12/25 | For Sale | $554,900 | -- | $122 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $10,855 | $316,470 | $60,900 | $255,570 |
| 2023 | $10,273 | $316,470 | $60,900 | $255,570 |
| 2022 | $10,266 | $316,470 | $60,900 | $255,570 |
| 2021 | $9,675 | $276,360 | $60,900 | $215,460 |
| 2020 | $9,501 | $276,360 | $60,900 | $215,460 |
| 2019 | $9,344 | $276,360 | $60,900 | $215,460 |
| 2018 | $9,344 | $276,360 | $60,900 | $215,460 |
| 2017 | $9,114 | $276,360 | $60,900 | $215,460 |
| 2016 | $9,080 | $279,300 | $68,040 | $211,260 |
Source: Public Records
Agents Affiliated with this Home
-
Olivia Crable
-
Moira Dill
Buyer's Agent in 2025
Moira Dill
mygoodagent
(860) 878-2144
10 in this area
49 Total Sales
Map
Source: SmartMLS
MLS Number: 24102425
APN: PORT-000057-000000-000196
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