NOT LISTED FOR SALE

380 Main St Cromwell, CT 06416

Estimated Value: $361,000 - $460,000

7 Beds
2 Baths
3,606 Sq Ft
$114/Sq Ft Est. Value

Sale Details

Date Sold: December 22, 2020

Last sale price $235,000 $65 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,948 / mo

275 Days on Market

Highlights

  • Attic
  • Corner Lot
  • Property is near golf course and bus stop
  • Cromwell High School Rated A-
  • No HOA
  • Ceiling Fan

About This Home

As of December 2020

Stately colonial two family home - side by side units. Over 3600 square feet of living space with so much potential. Walk up attics in both units are great opportunities for expansion. Located on a corner lot, additional parking is a breeze. This is truly a diamond in the rough. Hardwood floors, transoms over doorways, pantry off kitchen, lovely porch with morning sunshine. With some updating and spit and polish, this home should generate great income. Good for investors or for owner-occupied that wants lots of help with the mortgage! Right side unit is easy to see. If there is further interest, we can arrange for showings on the left side.

Last Agent to Sell the Property

Giulia Terese

Hagel & Assoc. Real Estate License #RES.0811742 Listed on: 02/27/2020

Last Buyer's Agent

Scott Nardozzi

Cavanaugh & Company LLC License #RES.0799545

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,258

Year Built

  • Built in 1789

Lot Details

  • 11,326 Sq Ft Lot
  • Corner Lot

Home Design

  • Side-by-Side
  • Stone Foundation
  • Frame Construction
  • Clap Board Siding

Interior Spaces

  • 3,606 Sq Ft Home
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Parking

  • Gravel Driveway
  • Unpaved Parking

Location

  • Property is near golf course and bus stop

Schools

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

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,258

Year Built

Built in 1789

Lot Details

0.26 Acres

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 3606
  • Public Record Living Room Sq Ft: 4327
  • Total Sq Ft: 3606
  • Year Built: 1789
  • Nearby Amenities: Golf Course, Library, Park, Playground/Tot Lot, Tennis Courts, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 7735
  • Tax Year Updated Dt: 07/13/2020
  • Directions: Take Rte. 99 to Main St. Cromwell
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up
  • Basement Description: Full
  • Laundry Room Info: Hook-Up In Unit 1, Hook-Up In Unit 2, Washer/Dryer Some Units
  • Attic: Yes

Exterior Features

  • Exterior Siding: Clapboard
  • Foundation Type: Stone
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unpaved
  • Driveway Type: Gravel

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Radiator
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Woodside

Lot Info

  • Acres: 0.2600
  • Lot Description: Corner Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R-15

Multi Family

  • Gross Annual Income: 12000
  • Unit Count: 2
  • Total Multi Family: 13
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 6258
  • Mil Rate Base: 32.830
  • Assessor Parcel Number: 953063

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2020
Closed on
Dec 1, 2020
Sold by
Bought by
Seller's Agent
Giulia Terese
Hagel & Assoc. Real Estate
Buyer's Agent
Scott Nardozzi
Cavanaugh & Company LLC
List Price
$274,900
Sold Price
$235,000
Premium/Discount to List
-$39,900
-14.51%
Current Estimated Value
$423,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,609
Avg. Annual Appreciation
10.56%
Original Mortgage
$264,366
Interest Rate
0.027%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 13, 1998
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$150,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $137,900
Closed $137,000
Closed $100,000
Closed $70,000
Closed $264,366
Closed $195,000
Closed $175,000
Closed $35,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/22/2020 12/22/20 Sold $235,000 0.0% $65 / Sq Ft
11/28/2020 11/28/20 Pending -- -- --
11/27/2020 11/27/20 Off Market $235,000 -- --
09/13/2020 09/13/20 Price Changed $259,900 -5.5% $72 / Sq Ft
02/27/2020 02/27/20 For Sale $274,900 -- $76 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,914 $257,040 $58,590 $198,450
2024 $7,729 $257,040 $58,590 $198,450
2023 $7,560 $257,040 $58,590 $198,450
2022 $6,460 $193,830 $56,070 $137,760
2021 $6,353 $190,610 $56,070 $134,540
2020 $6,258 $190,610 $56,070 $134,540
2019 $6,258 $190,610 $56,070 $134,540
2018 $6,258 $190,610 $56,070 $134,540
2017 $6,844 $201,720 $48,230 $153,490
2016 $6,784 $201,720 $48,230 $153,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170276259

SmartMLS

APN: CROM-000054-000064-000001

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