NOT LISTED FOR SALE

41 River Rd Cromwell, CT 06416

Estimated Value: $371,000 - $526,000

6 Beds
2 Baths
2,700 Sq Ft
$168/Sq Ft Est. Value

Last Sold December 01, 2020

Last sale price $345,000 $128 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,976/month

31 Days on Market

Highlights

  • Waterfront
  • Attic
  • Smart Appliances
  • Cromwell High School Rated 9+
  • No HOA
  • Central Air

About This Home

As of December 2020

What a GEM. This side by side 2 family is perfect for an owner occupied or increase your real estate portfolio. This beauty has views year round of the Connecticut river. Other fantastic features include a level oversized yard great for entertaining, off street parking-each side has their own parking. Both sides mirror each other which includes a living room, dining room, eat in kitchen, 3 generous sized bedrooms. Both units have 2 full bathrooms. What a fantastic way to own your own place and your mortgage offset from your tenant. Home is in good condition all inspections will be for buyers knowledge. This beauty comes fully rented out with leases in place.

Last Agent to Sell the Property

Diane McAdams

eXp Realty License #RES.0766710 Listed on: 08/24/2020

eXp Realty

Last Buyer's Agent

Diane McAdams

eXp Realty License #RES.0766710 Listed on: 08/24/2020

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,931

Year Built

  • Built in 1860

Lot Details

  • 0.73 Acre Lot
  • Waterfront

Parking

  • Driveway

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,700 Sq Ft Home
  • Water Views
  • Attic or Crawl Hatchway Insulated
  • Smart Appliances

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Accessible Home Design

  • Multiple Entries or Exits

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,931

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Neighborhood: North Cromwell
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2700
  • Public Record Living Room Sq Ft: 2700
  • Total Sq Ft: 2700
  • Year Built: 1860
  • Property Sub Type: 2 Family
  • Handicap Features: Multiple Entries/Exits
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5704
  • Directions: Wall or South to River Road
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes
  • Home Automation: Appliances
  • Street Number Modifier: 41

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.7300
  • Lot Description: N/A
  • Zoning: R-15

Multi Family

  • Unit Count: 2
  • Total Multi Family: 12
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 5931
  • Total Assessed Value: 180670
  • Mil Rate Base: 32.830
  • Mil Rate Total: 32.830
  • Assessor Parcel Number: 2383291

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Nov 23, 2020
Sold by
Lecornec Juliette C and Nguyen Joe T
Bought by
Fitzpatrick Thomas B
Seller's Agent
Diane McAdams
eXp Realty
Buyer's Agent
Diane McAdams
eXp Realty
List Price
$345,000
Sold Price
$345,000
Current Estimated Value
$453,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,472
Avg. Annual Appreciation
5.80%
Original Mortgage
$338,751
Outstanding Balance
$301,440
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$152,032

Purchase Details

Closed on
Nov 18, 2009
Sold by
Lecornec Juliette C
Bought by
Lecornec Juliette C and Nguyen Joe T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.38%

Purchase Details

Closed on
Feb 23, 2005
Sold by
Edwardson Lauren R
Bought by
Lecornec Juliette C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,300
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Fitzpatrick Thomas B $345,000 None Available
Fitzpatrick Thomas B $345,000 None Available
Fitzpatrick Thomas B $345,000 None Available
Lecornec Juliette C -- --
Lecornec Juliette C -- --
Lecornec Juliette C $187,000 --
Lecornec Juliette C $187,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fitzpatrick Thomas B $338,751
Closed Fitzpatrick Thomas B $338,751
Previous Owner Lecornec Juliette C $71,500
Previous Owner Lecornec Juliette C $210,000
Previous Owner Lecornec Juliette C $168,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2020 12/01/20 Sold $345,000 0.0% $128 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $345,000 -- $128 / 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 $6,742 $218,960 $85,960 $133,000
2024 $6,584 $218,960 $85,960 $133,000
2023 $6,440 $218,960 $85,960 $133,000
2022 $6,022 $180,670 $79,170 $101,500
2021 $6,022 $180,670 $79,170 $101,500
2020 $5,931 $180,670 $79,170 $101,500
2019 $5,931 $180,670 $79,170 $101,500
2018 $5,931 $180,670 $79,170 $101,500
2017 $5,998 $176,790 $82,810 $93,980
2016 $5,945 $176,790 $82,810 $93,980
2015 $5,548 $176,790 $82,810 $93,980
2014 $5,884 $176,790 $82,810 $93,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170329715

SmartMLS

APN: CROM-000052-000060-000011