NOT LISTED FOR SALE

361 Elm St Monroe, CT 06468

Estimated Value: $554,000 - $628,237

5 Beds
2.5 Baths
2,598 Sq Ft
$233/Sq Ft Est. Value

Last Sold May 10, 2022

Last sale price $379,000 $146 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,098/month

11 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • No HOA
  • Fawn Hollow Elementary School Rated A-
  • Attic
  • Circular Driveway

About This Home

As of May 2022

Rare opportunity to own a legal two-family home in the center of Monroe. This antique Colonial with an attached two bedroom apartment is the perfect place to call home and earn additional income. Inside the main house, the sun-drenched kitchen with tile flooring boasts an oversized island with tons of storage, oak cabinets, a double oven, decorative glass shelving, a pantry and a charming octagon window above the sink. Glass doors bring you outside to a wood deck perfect for summer BBQs. Adorable archways throughout the first floor separate the kitchen from the dining rom and living room. The spacious dining room with a picture window provides a cozy space to gather and entertain. Sunlight pours in through the many windows in the living room, where you can stay warm by the pellet stove. Steps away you'll find the first floor bathroom with a Jacuzzi tub and laundry area. Upstairs brings you to four bedrooms and a full bathroom. Walk down the hall to what was used as the master bedroom complete with a vaulted ceiling, exposed beams and a back staircase that leads to the kitchen.

With its own separate entrance and address, you'll find a two bedroom, one bathroom accessory apartment. Recently updated with wall to wall carpeting in the living room and both bedrooms, this apartment also boasts an eat-in kitchen and in-unit laundry. This sun-drenched, private space is ideal for in-laws or tenants. Beautifully sited on one acre with a detached garage.

Home is being sold AS-IS

Last Agent to Sell the Property

Hillary Waite

William Raveis Real Estate License #RES.0820976 Listed on: 03/10/2022

William Raveis Real Estate

Last Buyer's Agent

Hillary Waite

William Raveis Real Estate License #RES.0820976 Listed on: 03/10/2022

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,025

Year Built

  • Built in 1800

Lot Details

  • 1 Acre Lot
  • Level Lot
  • Property is zoned RF1

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 2,598 Sq Ft Home
  • Walkup Attic
  • Unfinished Basement

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Parking Deck
  • Circular Driveway

Outdoor Features

  • Deck
  • Exterior Lighting
  • Rain Gutters

Additional Homes

  • Separate Entry Quarters

Schools

  • Stepney Elementary School
  • Masuk High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,025

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Neighborhood: Monroe Center
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2598
  • Public Record Living Room Sq Ft: 2598
  • Total Sq Ft: 2598
  • Year Built: 1800
  • Nearby Amenities: Lake, Library, Park, Playground/Tot Lot, Public Pool
  • In Law Access: Separate Entry
  • Remarks Public Addendum: Rare opportunity to own a legal two-family home in the center of Monroe. This antique Colonial with an attached two bedroom apartment is the perfect place to call home and earn additional income. Inside the main house, the sun-drenched kitchen with tile f
  • In Law Apartment: Yes
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4568
  • Directions: Monroe Turnpike to Elm Street.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 14
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Attic Description: Walk-up
  • Basement Description: Unfinished
  • Appliances: Electric Cooktop, Electric Range, Wall Oven, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: In 1st floor bath
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 361

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Circular

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard, Hot Air
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric, Oil
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Stepney
  • High School: Masuk

Lot Info

  • Acres: 1.0000
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: RF1

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 8025
  • Total Assessed Value: 220700
  • Mil Rate Base: 36.360
  • Mil Rate Total: 36.360
  • Assessor Parcel Number: 174097

MLS Schools

  • Elementary School: Stepney
  • High School: Masuk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2024
Sold by
Acr Property Llc
Bought by
Picon Edgar J
Current Estimated Value
$604,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,955
Outstanding Balance
$642,054
Interest Rate
6.61%
Mortgage Type
FHA
Estimated Equity
-$37,245

Purchase Details

Closed on
Dec 21, 2023
Sold by
Petrona Realty Llc
Bought by
Acr Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,955
Outstanding Balance
$642,054
Interest Rate
6.61%
Mortgage Type
FHA
Estimated Equity
-$37,245

Purchase Details

Listed on
Mar 10, 2022
Closed on
May 7, 2022
Sold by
Westlund Jerry
Bought by
Petrona Realty Llc
Seller's Agent
Hillary Waite
William Raveis Real Estate
Buyer's Agent
Hillary Waite
William Raveis Real Estate
List Price
$369,000
Sold Price
$379,000
Premium/Discount to List
$10,000
2.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.78%

Purchase Details

Closed on
Mar 18, 1986
Bought by
Westlund Jerry
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
Picon Edgar J $665,000 None Available
Picon Edgar J $665,000 None Available
Acr Property Llc -- None Available
Acr Property Llc -- None Available
Petrona Realty Llc $379,000 None Available
Petrona Realty Llc $379,000 None Available
Westlund Jerry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Picon Edgar J $652,955
Closed Picon Edgar J $652,955
Closed Acr Property Llc $652,955
Previous Owner Westlund Jerry $194,479
Previous Owner Westlund Jerry $235,000
Previous Owner Westlund Jerry $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2022 05/10/22 Sold $379,000 +2.7% $146 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $369,000 0.0% $142 / Sq Ft
02/13/2016 02/13/16 Rented $1,500 0.0% --
01/14/2016 01/14/16 Under Contract -- -- --
01/09/2016 01/09/16 For Rent $1,500 -- --
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 $10,697 $373,100 $94,500 $278,600
2024 $8,446 $220,700 $81,900 $138,800
2023 $8,287 $220,700 $81,900 $138,800
2022 $8,135 $220,700 $81,900 $138,800
2021 $8,025 $220,700 $81,900 $138,800
2020 $7,830 $220,700 $81,900 $138,800
2019 $7,700 $216,400 $86,500 $129,900
2018 $7,626 $216,400 $86,500 $129,900
2017 $7,738 $216,400 $86,500 $129,900
2016 $7,574 $216,400 $86,500 $129,900
2015 $7,433 $216,400 $86,500 $129,900
2014 $9,221 $297,360 $109,760 $187,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170472758

SmartMLS

APN: MONR-000039-000015