NOT LISTED FOR SALE

37 River Rd Cromwell, CT 06416

Estimated Value: $405,000 - $463,000

4 Beds
2 Baths
2,253 Sq Ft
$194/Sq Ft Est. Value

Last Sold January 31, 2018

Last sale price $280,000 $124 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,839/month

46 Days on Market

Highlights

  • River Front
  • Deck
  • 4 Fireplaces
  • Cromwell High School Rated A-
  • Attic
  • Screened Porch

About This Home

As of January 2018

Where can you live on the CT River and have direct water view for this price? Fabulous two family home (or turn it to a one family or use 2nd unit as an in-law) that has been meticulously maintained! House sits on manicured flat .53 Acre lot with grape arbor & blueberry bushes- large driveway allows for ample off street parking. City Water/Sewer. Awesome 2 car detached garage w/workshop that's ideal for hobbyist. Enclosed screen porch off of garage gives additional entertaining area for picnic gatherings! Don't let age of house fool you as there are numerous updates which are included in the disclosures. 4 non-working fireplaces one of which is cemented over. Large deck off the rear of the house overlooks fire pit area. There's a dug well under first floor enclosed porch flooring. Enclosed non heated porches for each unit allows for extra storage. Come and hear the peacefulness of this setting!

Last Agent to Sell the Property

Chris Rose

ERA Hart Sargis-Breen License #RES.0643669 Listed on: 10/31/2017

Co-Listed By

Michele Devanney

ERA Hart Sargis-Breen License #RES.0806988

Last Buyer's Agent

Barbara Coyle

William Raveis Real Estate License #RES.0761659

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,880

Year Built

  • Built in 1802

Lot Details

  • 0.53 Acre Lot
  • River Front
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Stone Foundation
  • Asphalt Shingled Roof
  • Masonry Siding

Interior Spaces

  • 2,253 Sq Ft Home
  • 4 Fireplaces
  • Thermal Windows
  • Screened Porch
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Parking Deck
  • Private Driveway

Schools

  • Edna C. Stevens Elementary School
  • Cromwell Middle School
  • Woodside Middle School
  • Cromwell High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement

Additional Features

  • Deck
  • Flood Zone Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,880

Year Built

Built in 1802

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2253
  • Public Record Living Room Sq Ft: 2253
  • Total Sq Ft: 2253
  • Year Built: 1802
  • Nearby Amenities: Park, Public Rec Facilities
  • Property Sub Type: 2 Family
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3995
  • Directions: Main St to South Road - Right onto River Road
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 4
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full With Hatchway, Unfinished
  • Laundry Room Info: Hook-Up In Unit 1
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck, Porch-Screened
  • Exterior Siding: Brick
  • Foundation Type: Block, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, River
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Private, Asphalt

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Intermediate School: Woodside

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.5300
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: DC

Multi Family

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

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 5880
  • Assessor Parcel Number: 954243

MLS Schools

  • Elementary School: Edna C. Stevens
  • Middle Jr High School: Cromwell
  • High School: Cromwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2017
Closed on
Feb 1, 2018
Sold by
Groeper Kelly and Groeper Michael
Bought by
Marks Terry
Seller's Agent
Chris Rose
ERA Hart Sargis-Breen
Buyer's Agent
Barbara Coyle
William Raveis Real Estate
List Price
$374,000
Sold Price
$280,000
Premium/Discount to List
-$94,000
-25.13%
Current Estimated Value
$436,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,725
Avg. Annual Appreciation
5.73%
Original Mortgage
$205,000
Outstanding Balance
$173,398
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$263,327

Purchase Details

Closed on
Feb 21, 1989
Sold by
Groeper Mary A
Bought by
Groeper Michael A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marks Terry $280,000 --
Marks Terry $280,000 --
Groeper Michael A $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Groeper Michael A $205,000
Closed Groeper Michael A $205,000
Previous Owner Groeper Michael A $15,000
Previous Owner Groeper Michael A $49,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2018 01/31/18 Sold $280,000 -24.3% $124 / Sq Ft
12/16/2017 12/16/17 Pending -- -- --
11/06/2017 11/06/17 Price Changed $369,900 -1.1% $164 / Sq Ft
10/31/2017 10/31/17 For Sale $374,000 -- $166 / 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 $6,931 $225,120 $82,530 $142,590
2024 $6,769 $225,120 $82,530 $142,590
2023 $6,621 $225,120 $82,530 $142,590
2022 $5,324 $159,740 $76,020 $83,720
2021 $5,324 $159,740 $76,020 $83,720
2020 $5,244 $159,740 $76,020 $83,720
2019 $5,244 $159,740 $76,020 $83,720
2018 $5,244 $159,740 $76,020 $83,720
2017 $5,552 $163,630 $80,120 $83,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170025836

SmartMLS

APN: CROM-000052-000060-000013A