Seller's Agent in 2022
Leo Chomen
Signature Properties of NewEng
(860) 447-8839
178 Total Sales
36 Mechanic St Griswold, CT 06351
Estimated Value: $266,000 - $350,733
7
Beds
3
Baths
3,779
Sq Ft
$80/Sq Ft
Est. Value
Highlights
- Attic
- No HOA
- Porch
- Corner Lot
- 1 Car Detached Garage
- Property is near shops
About This Home
As of July 2022This one is huge! At 3779 sq ft its priced below the average sq ft on market. Unit 1 is a 3 bedroom that has room to convert to a 4 bedroom (do your due diligence with town, attic space is storage only) and has had several updates. It is being left unoccupied for potential owner occupant (conventional or cash only due to multiple areas of peeling paint etc.) The other 2 units are rented at $700 and $750 month to month. This rent is far below market value though these units need some fresh touches. Bonus! Tenants pay their own water on separate meters! One car detached garage with power. There is some work to be done here and there that can be done along the way so your refreshing will bring equity. Properly rented this property could bring in at least 3k a month so this can work for owner occupied or investors.
Last Agent to Sell the Property
Signature Properties of NewEng License #RES.0752883 Listed on: 04/20/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,938
Year Built
- Built in 1930
Lot Details
- 6,098 Sq Ft Lot
- Corner Lot
- Level Lot
Home Design
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Aluminum Siding
- Masonry
Interior Spaces
- 3,779 Sq Ft Home
- Concrete Flooring
- Storage In Attic
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Shared Basement
- Dirt Floor
Parking
- 1 Car Detached Garage
- Private Driveway
- Off-Street Parking
- Unassigned Parking
Outdoor Features
- Rain Gutters
- Porch
Location
- Property is near shops
Schools
- Griswold High School
Utilities
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Oil
- Hot Water Circulator
- Oil Water Heater
- Fuel Tank Located in Basement
Community Details
- No Home Owners Association
- 3 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 20, 2022
Closed on
Jul 8, 2022
Sold by
Long Tidal Riv Lands Llc
Bought by
Mercer Adam
Seller's Agent
Leo Chomen
Signature Properties of NewEng
Buyer's Agent
Paula Turley
CR Premier Properties
List Price
$224,900
Sold Price
$210,000
Premium/Discount to List
-$14,900
-6.63%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,933
Avg. Annual Appreciation
16.16%
Original Mortgage
$20,000
Outstanding Balance
$19,273
Interest Rate
5.7%
Mortgage Type
Second Mortgage Made To Cover Down Payment
Estimated Equity
$317,345
Purchase Details
Closed on
Sep 3, 2014
Sold by
Mattern George J and Mattern Susan A
Bought by
Long Tidal River Lands and Mattern Susan A
Purchase Details
Closed on
Jul 27, 2010
Sold by
Mattern Nancy and Mattern Mary Beth
Bought by
Mattern George J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.76%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mercer Adam | -- | None Available | |
| Mercer Adam | -- | None Available | |
| Long Tidal River Lands | -- | -- | |
| Long Tidal River Lands | -- | -- | |
| Mattern George J | -- | -- | |
| Mattern George J | $180,000 | -- | |
| Mattern George J | $180,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mercer Adam | $20,000 | |
| Closed | Mercer Adam | $20,000 | |
| Closed | Mercer Adam | $20,000 | |
| Open | Mercer Adam | $240,028 | |
| Closed | Mercer Adam | $240,028 | |
| Previous Owner | Mattern George J | $170,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2022 07/29/22 | Sold | $210,000 | 0.0% | $56 / Sq Ft |
| 05/12/2022 05/12/22 | Pending | -- | -- | -- |
| 05/02/2022 05/02/22 | Price Changed | $209,900 | -6.7% | $56 / Sq Ft |
| 04/20/2022 04/20/22 | For Sale | $224,900 | -- | $60 / 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 | $4,187 | $137,550 | $22,750 | $114,800 |
| 2023 | $3,983 | $137,550 | $22,750 | $114,800 |
| 2022 | $3,938 | $137,550 | $22,750 | $114,800 |
| 2021 | $4,349 | $134,050 | $22,750 | $111,300 |
| 2020 | $4,336 | $133,000 | $22,750 | $110,250 |
| 2019 | $4,269 | $133,000 | $22,750 | $110,250 |
| 2018 | $3,717 | $133,000 | $22,750 | $110,250 |
| 2017 | $3,672 | $133,000 | $22,750 | $110,250 |
| 2016 | $3,766 | $139,160 | $24,150 | $115,010 |
| 2015 | $3,697 | $139,160 | $24,150 | $115,010 |
| 2014 | $3,629 | $139,160 | $24,150 | $115,010 |
Source: Public Records
Agents Affiliated with this Home
-
Leo Chomen
-
Paula Turley
Buyer's Agent in 2022
Paula Turley
CR Premier Properties
(860) 884-2631
136 Total Sales
Map
Source: SmartMLS
MLS Number: 170482596
APN: GRIS-000026-000012-000038
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