NOT LISTED FOR SALE

397 Main St Cromwell, CT 06416

Estimated Value: $598,870

3 Beds
2.5 Baths
3,600 Sq Ft
$166/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $345,000 $96 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,985/month

158 Days on Market

Highlights

  • Detached Guest House
  • ENERGY STAR Certified Homes
  • Property is near public transit and bus stop
  • Cromwell High School Rated A-
  • Deck
  • Antique Architecture

About This Home

As of June 2018

This is ONE-OF-A-KIND with an income producing detached gate house used as a studio apartment. Come and see this. Situated on a corner lot with dual entrances, fenced yard and a gazebo with cooking grills it overlooks the artwork of the fields of Tuscany. Walk into the large historic open post and beamed room and feel the home, eat in the dining room with its fireplace two centuries old. The basments cauldron was even donated and used by Sturbridge Village Museum. Entertain in the distinctive Italianate home listed in the History and Architecture of Cromwell in an open floor plan and marble fireplace. Or you can walk up to the 19th century cupola or widow's watch is used as a studio, art room or bedroom. Due to its zoning status, MANY opportunities exist. This single family home has updated electrical, heating and plumbing. Natural gas and central a/c on the first floor, oil heat on the second and electric heat on the 3rd floor. The home is meticulously maintained with a charming warm interior. This lovely unique home has 2 kitchens, one on the main level for dining with granite counters and stainless steel appliances and the upstairs full kitchen is perfect for family evening events. A rare opportunity for an owner/occupant/user.

Last Agent to Sell the Property

Ernest LaCore

Compass Connecticut, LLC License #REB.0755614 Listed on: 11/17/2017

Compass Connecticut, LLC

Last Buyer's Agent

Wanda Palmer

Diversified Realty, LLC License #REB.0790889

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,209

Year Built

  • Built in 1837

Lot Details

  • 0.78 Acre Lot
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned Industrial

Home Design

  • Antique Architecture
  • European Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Masonry Siding
  • Vinyl Siding
  • Stucco Exterior

Interior Spaces

  • 3,600 Sq Ft Home
  • 3 Fireplaces
  • Thermal Windows
  • Concrete Flooring

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Attic

  • Attic Floors
  • Finished Attic

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Hatchway
  • Sump Pump
  • Crawl Space

Parking

  • 2 Car Detached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Private Driveway

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Gazebo
  • Shed
  • Outdoor Grill
  • Rain Gutters

Schools

  • Edna C. Stevens Elementary School
  • Cromwell High School

Utilities

  • Floor Furnace
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Power Generator
  • Tankless Water Heater
  • Hot Water Circulator
  • Fuel Tank Located in Basement
  • Cable TV Available

Additional Features

  • ENERGY STAR Certified Homes
  • Detached Guest House
  • Property is near public transit and bus stop

Community Details

  • No Home Owners Association
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,209

Year Built

Built in 1837

Lot Details

0.78 Acres

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Antique, European
  • Sq Ft Est Heated Above Grade: 3600
  • Total Sq Ft: 3600
  • Year Built: 1837
  • Nearby Amenities: Library, Medical Facilities, Park, Playground/Tot Lot, Public Rec Facilities, Public Transportation, Tennis Courts, Walk to Bus Lines
  • In Law Access: Detached
  • In Law Apartment: Yes
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Easy access to I-91 and Route 9 to Hartford or New Haven. West St to Main Street.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 3
  • Attic Description: Finished, Heated, Floored
  • Basement Description: Full With Hatchway, Crawl Space, Unfinished, Concrete Floor, Hatchway Access, Sump Pump
  • Interior Amenities: Auto Garage Door Opener, Cable - Available
  • Appliances: Electric Cooktop, Electric Range, Oven/Range, Microwave, Range Hood, Refrigerator, Dishwasher, Disposal, Instant Hot Water Tap, Washer, Electric Dryer
  • Laundry Room Location: Laundry Room 2nd floor
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck, Gazebo, Grill, Guest House, Gutters, Lighting, Patio, Shed, Sidewalk
  • Exterior Siding: Vinyl Siding, Brick, Stucco
  • Foundation Type: Brick, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame, Brick

Garage/Parking

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

Utilities

  • Heat Type: Baseboard, Gas on Gas, Heat Pump, Hot Water
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas, Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Green Features

  • Energy Features: Energy Star Rated, Generator, Thermopane Windows

Lot Info

  • Acres: 0.7800
  • Lot Description: Dry, Cleared, Corner Lot, Level Lot, Fence - Partial
  • Flood Zone: No
  • Zoning: Industrial

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 8209
  • Assessor Parcel Number: 952915

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2017
Closed on
Jun 19, 2018
Sold by
Lacore Ernest
Bought by
Seguro Victor
Seller's Agent
Ernest LaCore
Compass Connecticut, LLC
Buyer's Agent
Wanda Palmer
Diversified Realty, LLC
List Price
$359,000
Sold Price
$345,000
Premium/Discount to List
-$14,000
-3.9%
Current Estimated Value
$598,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,870
Avg. Annual Appreciation
7.45%
Original Mortgage
$276,000
Outstanding Balance
$238,694
Interest Rate
4.5%
Mortgage Type
Unknown
Estimated Equity
$360,176

Purchase Details

Closed on
Aug 26, 2016
Sold by
Lacore Ernest H
Bought by
Lacore Ernest H and Lacore Dragana

Purchase Details

Closed on
Feb 4, 1994
Sold by
Caswell Charles W and Caswell Donna L
Bought by
Lacore Ernest H

Purchase Details

Closed on
Apr 23, 1993
Sold by
Centerbank
Bought by
Caswell Charles W and Caswell Donna L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Seguro Victor $345,000 --
Seguro Victor $345,000 --
Lacore Ernest H -- --
Lacore Ernest H -- --
Lacore Ernest H $130,000 --
Lacore Ernest H $130,000 --
Caswell Charles W $125,000 --
Caswell Charles W $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caswell Charles W $276,000
Closed Caswell Charles W $276,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2018 06/15/18 Sold $345,000 -3.9% $96 / Sq Ft
04/25/2018 04/25/18 For Sale $359,000 0.0% $100 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
04/23/2018 04/23/18 Price Changed $359,000 -4.3% $100 / Sq Ft
04/06/2018 04/06/18 Price Changed $375,000 -6.2% $104 / Sq Ft
03/29/2018 03/29/18 Price Changed $399,999 -8.9% $111 / Sq Ft
02/27/2018 02/27/18 Price Changed $439,000 -2.4% $122 / Sq Ft
02/05/2018 02/05/18 Price Changed $449,999 -7.2% $125 / Sq Ft
02/04/2018 02/04/18 Price Changed $485,000 -3.0% $135 / Sq Ft
01/25/2018 01/25/18 Price Changed $499,999 -8.9% $139 / Sq Ft
12/20/2017 12/20/17 Price Changed $549,000 -4.5% $153 / Sq Ft
11/17/2017 11/17/17 For Sale $575,000 -- $160 / Sq Ft
Source: SmartMLS

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 $10,835 $351,890 $66,850 $285,040
2024 $10,581 $351,890 $66,850 $285,040
2023 $10,349 $351,890 $66,850 $285,040
2022 $10,014 $300,440 $63,980 $236,460
2021 $10,014 $300,440 $63,980 $236,460
2020 $9,863 $300,440 $63,980 $236,460
2019 $9,925 $302,330 $46,970 $255,360
2018 $9,925 $302,330 $63,980 $238,350
2017 $8,209 $241,940 $46,940 $195,000
2016 $8,136 $241,940 $46,940 $195,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170033288

SmartMLS

APN: CROM-000055-000045-000011

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