NOT LISTED FOR SALE

41 New Ln Cromwell, CT 06416

Estimated Value: $316,000 - $495,000

3 Beds
1 Bath
1,100 Sq Ft
$393/Sq Ft Est. Value

Last Sold November 26, 2019

Last sale price $288,300 $262 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,780/month

Highlights

  • No HOA
  • Cromwell High School Rated 9+
  • Baseboard Heating

About This Home

As of April 2020

For rent and available immediately is a large 2-bedroom apartment w/ an additional room that can be used as a 3rd bedroom or office space located on the 2nd floor at 41 New Lane in Cromwell.

Features of the unit include:
- 2-off street parking spots
- natural gas heat
- desirable quiet suburban neighborhood setting
- generous size rooms
- freshly painted
- very well cared for home
- good size yard
- washer dryer hookup avaialble

Last Agent to Rent the Property

Michael Noto

SalCal Real Estate Connections License #RES.0799665 Listed on: 01/14/2020

Last Renter's Agent

Heather Kilbourn

Cavanaugh & Company LLC License #RES.0802575

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,061

Year Built

  • Built in 1915

Lot Details

  • 0.25 Acre Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Paved Parking
  • Off-Street Parking

Schools

  • Edna C. Stevens Elementary School
  • Cromwell High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,061

Year Built

Built in 1915

Lot Details

0

Rental Info

  • Pets Allowed Info: Pets considered
  • Landlord Requirements: Credit Check, Security Deposit, Lease Required
  • Lease Price Description: Per Month
  • Pets Allowed: Yes
  • Rental Duration: Yearly Unfurnished
  • Security Deposit Details: 1200
  • Smoking Allowed: No
  • Tenant Responsibility: Air Conditioning, Cable TV, Credit Check, Electricity, Heat, Hot Water

Listing Details

  • Property Type: Residential Rental
  • Style: Apartment
  • Sq Ft Est Heated Above Grade: 1100
  • Public Record Living Room Sq Ft: 2690
  • Total Sq Ft: 1100
  • Year Built: 1915
  • Property Sub Type: Multi-Family Rental
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 5089
  • Directions: GPS to 41 New Lane, Cromwell
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Full With Hatchway
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Laundry Room Location: Hookups in basement
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.2500
  • Zoning: R-15

Multi Family

  • Total Num Of Units: 3

Tax Info

  • Assessor Parcel Number: 953201

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2019
Closed on
Nov 26, 2019
Sold by
41 New Land Llc
Bought by
Calixte Bernard
Seller's Agent
Donald Mondani
Donald Mondani
Buyer's Agent
Michael Noto
SalCal Real Estate Connections
List Price
$270,000
Sold Price
$288,300
Premium/Discount to List
$18,300
6.78%
Current Estimated Value
$432,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,890
Avg. Annual Appreciation
6.97%
Original Mortgage
$282,783
Outstanding Balance
$247,924
Interest Rate
3.32%
Mortgage Type
FHA
Estimated Equity
$184,266

Purchase Details

Closed on
Mar 31, 2017
Sold by
Cusano Anthony C
Bought by
41 New Lane Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Calixte Bernard $288,300 --
41 New Lane Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calixte Bernard $282,783
Previous Owner 41 New Lane Llc $100,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2020 04/01/20 Rented $1,150 -4.2% --
03/06/2020 03/06/20 Under Contract -- -- --
01/14/2020 01/14/20 For Rent $1,200 0.0% --
11/26/2019 11/26/19 Sold $288,300 +6.8% $107 / Sq Ft View Prior Sale
10/20/2019 10/20/19 Pending -- -- --
10/16/2019 10/16/19 For Sale $270,000 -- $100 / 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 $6,061 $196,840 $60,270 $136,570
2024 $5,919 $196,840 $60,270 $136,570
2023 $5,789 $196,840 $60,270 $136,570
2022 $4,960 $148,820 $57,680 $91,140
2021 $4,960 $148,820 $57,680 $91,140
2020 $4,886 $148,820 $57,680 $91,140
2019 $4,886 $148,820 $57,680 $91,140
2018 $4,886 $148,820 $57,680 $91,140
2017 $4,976 $146,660 $49,640 $97,020
2016 $4,932 $146,660 $49,640 $97,020
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2020

    Michael Noto

    SalCal Real Estate Connections

    Section Image
  • Heather Kilbourn

    Tenant's Agent in 2020

    Heather Kilbourn

    Cavanaugh & Company LLC

    (860) 346-8900

    7 in this area

    58 Total Sales

    Heather Kilbourn
    Section Image

  • D

    Seller's Agent in 2019

    Donald Mondani

    Donald Mondani

    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170263518

SmartMLS

APN: CROM-000042-000044-000006

Connecticut Middlesex County Cromwell 06416

41 New Ln, Cromwell, CT

Not Listed for Sale

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