NOT LISTED FOR SALE

399 High St Coventry, CT 06238

Estimated Value: $449,000 - $614,000

6 Beds
3 Baths
2,460 Sq Ft
$207/Sq Ft Est. Value

Last Sold January 30, 2023

Last sale price $375,000 $152 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,216/month

18 Days on Market

Highlights

  • Deck
  • Partially Wooded Lot
  • Wrap Around Balcony
  • George Hersey Robertson School Rated A-
  • No HOA
  • 3 Car Detached Garage

About This Home

As of January 2023

Rarely available 3-unit multi family home w/ a DETACHED 2 STORY, 3 BAY GARAGE W/ HEATED OFFICE & STORAGE AREAS. The 3 rental units along w/ the potential rental income from the garages &/or office, could make this the investment you've been looking for. All 3 rental units are rented. Each unit is a ranch, w/ all rooms on one floor. Each unit has 2 bedrooms, 1 full bath, a living room & kitchen. Both of the upper units have cathedral ceilings, updated kitchens and decks that overlook this 1.3AC property. The bottom unit has a patio- there are no stairs to get into this unit or inside the unit. All units are in good condition. Each unit is heated with propane. There are 3 heating units & 3 hot water heaters. This property has 2 wells. The garage has 2 bays & 2 offices on the main level. The office space in the back of the garage has a slider leading to the deck that overlooks the private back yard. There is another garage bay under the garage which can be accessed from the back of the garage. The heating unit for the garage is under the garage. This property could be ideal for anyone who works from home or anyone who has a landscape, painting, auto, construction or wood working business/hobby. The garage is really a valuable part of this property. There is a separate driveway, along the left side of the property that can be used to access the garage. Just about 5 miles from Uconn. 2 miles from Coventry Lake! Please don't come onto the property without your agent.

Last Agent to Sell the Property

Cheri Trudon

ERA Blanchard & Rossetto License #RES.0750406 Listed on: 11/10/2022

ERA Blanchard & Rossetto

Last Buyer's Agent

Cheri Trudon

ERA Blanchard & Rossetto License #RES.0750406 Listed on: 11/10/2022

ERA Blanchard & Rossetto

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,448

Year Built

  • Built in 1940

Lot Details

  • 1.27 Acre Lot
  • Stone Wall
  • Level Lot
  • Partially Wooded Lot

Home Design

  • Concrete Foundation
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,460 Sq Ft Home
  • Concrete Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Detached Garage
  • Parking Deck
  • Private Driveway

Outdoor Features

  • Wrap Around Balcony
  • Deck
  • Patio

Location

  • Property is near a golf course

Schools

  • Coventry Grammar Elementary School
  • Nathan Hale Middle School
  • Robertson Middle School
  • Coventry High School

Utilities

  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Private Company Owned Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,448

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Neighborhood: Coventry
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 2460
  • Public Record Living Room Sq Ft: 2460
  • Total Sq Ft: 2460
  • Year Built: 1940
  • Nearby Amenities: Basketball Court, Golf Course, Health Club, Lake, Library, Park, Public Rec Facilities, Stables/Riding
  • Remarks Public Addendum: DO NOT COME ONTO THE PROPERTY WITHOUT AN AGENT WHO HAS A CONFIRMED SHOWING APPOINTMENT!
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3866
  • Directions: Cross Street or Lake Street to High Street.
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Concrete Floor
  • Attic: No

Exterior Features

  • Exterior Features: Deck, Patio, Stone Wall, Wrap Around Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Slab
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 3
  • Driveway Type: Private, Paved

Utilities

  • Heat Type: Gravity Warm Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Robertson

Lot Info

  • Acres: 1.2700
  • Lot Description: Level Lot, Lightly Wooded
  • Zoning: GR40

Multi Family

  • Unit Count: 3
  • Total Multi Family: 12
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4448
  • Mil Rate Base: 31.150
  • Assessor Parcel Number: 1612877

MLS Schools

  • Elementary School: Coventry Grammar
  • Middle Jr High School: Nathan Hale
  • High School: Coventry

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2022
Closed on
Jan 30, 2023
Sold by
Cadett Ronald F
Bought by
Stonehouse Manor Llc
Seller's Agent
Cheri Trudon
ERA Blanchard & Rossetto
Buyer's Agent
Cheri Trudon
ERA Blanchard & Rossetto
List Price
$375,000
Sold Price
$375,000
Views
20
Current Estimated Value
$509,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,180
Avg. Annual Appreciation
11.08%
Original Mortgage
$281,250
Outstanding Balance
$271,771
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$237,409

Purchase Details

Closed on
Oct 19, 2005
Sold by
Dean James and Dean Pierrette
Bought by
Cadelt Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,100
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
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
Stonehouse Manor Llc $375,000 None Available
Stonehouse Manor Llc $375,000 None Available
Cadelt Ronald $275,399 --
Cadelt Ronald $275,399 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stonehouse Manor Llc $281,250
Closed Stonehouse Manor Llc $281,250
Previous Owner Cadelt Ronald $186,721
Previous Owner Cadelt Ronald $271,100
Previous Owner Cadelt Ronald $83,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2023 01/30/23 Sold $375,000 0.0% $152 / Sq Ft
11/28/2022 11/28/22 Pending -- -- --
11/10/2022 11/10/22 For Sale $375,000 -- $152 / 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 $6,577 $276,800 $51,000 $225,800
2024 $4,757 $142,800 $44,400 $98,400
2023 $4,532 $142,800 $44,400 $98,400
2022 $4,448 $142,800 $44,400 $98,400
2021 $4,448 $142,800 $44,400 $98,400
2020 $4,451 $142,800 $44,400 $98,400
2019 $4,598 $142,800 $44,400 $98,400
2018 $4,656 $144,600 $44,400 $100,200
2017 $4,627 $144,600 $44,400 $100,200
2016 $4,512 $144,600 $44,400 $100,200
2015 $4,512 $144,600 $44,400 $100,200
2014 $5,426 $190,600 $55,000 $135,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170522758

SmartMLS

APN: COVE-000024-000043-000015C-000001