NOT LISTED FOR SALE

41 Summit St East Hampton, CT 06424

Estimated Value: $292,000 - $354,000

4 Beds
1.5 Baths
1,312 Sq Ft
$241/Sq Ft Est. Value

Last Sold November 08, 2018

Last sale price $148,000 $113 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $2,087/month

23 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Baseboard Heating
  • 1 Fireplace
  • 2 Car Detached Garage
  • Private Driveway

About This Home

As of November 2018

This well-built 4BR Cape and 2 Car Detached Garage with loft on a half-acre lot offers lots of potential for a rehab project!! Hardwood floors, a fireplaced living room, 2 Bedrooms on 1st Floor and 2 Bedrooms and a half bath on the dormered 2nd floor. On public sewers and on the sidewalk leading to all of the amenities of the charming Village Center, as well as being on the town parade route! The house needs TLC and conventional financing would be a challenge - great candidate for 203K Rehab loan. Sold in "AS-IS" condition.

Last Agent to Sell the Property

Lynn Minnick

Carl Guild & Associates License #RES.0759092 Listed on: 09/08/2018

Carl Guild & Associates

Last Buyer's Agent

Lynn Minnick

Carl Guild & Associates License #RES.0759092 Listed on: 09/08/2018

Carl Guild & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,245

Year Built

  • Built in 1950

Lot Details

  • 0.5 Acre Lot
  • Open Lot
  • Property is zoned R-1S

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,312 Sq Ft Home
  • 1 Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on lower level

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Detached Garage
  • Private Driveway

Outdoor Features

  • Rain Gutters

Schools

  • Memorial Elementary School
  • East Hampton High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Private Company Owned Well
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,245

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1312
  • Public Record Living Room Sq Ft: 1312
  • Total Sq Ft: 1312
  • Year Built: 1950
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3198
  • Directions: Summit St. turns into Lakeview. This is Rt. 196.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full, Full With Hatchway, Unfinished
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Laundry Room Info: Lower Level
  • Attic: No

Exterior Features

  • Exterior Features: Gutters
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.5000
  • Lot Description: Open Lot
  • Zoning: R-1S

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 4245
  • Mil Rate Base: 31.320
  • Assessor Parcel Number: 977593

MLS Schools

  • Elementary School: Memorial
  • High School: East Hampton

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2018
Closed on
Nov 9, 2018
Sold by
Nicholas E Battit Ret
Bought by
Washington Llc
Seller's Agent
Lynn Minnick
Carl Guild & Associates
Buyer's Agent
Lynn Minnick
Carl Guild & Associates
List Price
$190,000
Sold Price
$148,000
Premium/Discount to List
-$42,000
-22.11%
Current Estimated Value
$316,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,725
Avg. Annual Appreciation
11.16%
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
Washington Llc $148,000 --
Washington Llc $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Washington Llc $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2018 11/08/18 Sold $148,000 -22.1% $113 / Sq Ft
10/01/2018 10/01/18 Pending -- -- --
09/08/2018 09/08/18 For Sale $190,000 -- $145 / 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 $5,173 $130,270 $39,380 $90,890
2024 $4,955 $130,270 $39,380 $90,890
2023 $4,698 $130,270 $39,380 $90,890
2022 $4,515 $130,260 $39,370 $90,890
2021 $4,498 $130,260 $39,370 $90,890
2020 $4,361 $131,600 $38,680 $92,920
2019 $4,396 $132,640 $41,450 $91,190
2018 $4,245 $135,550 $44,360 $91,190
2017 $4,245 $135,550 $44,360 $91,190
2016 $3,991 $135,550 $44,360 $91,190
2015 $4,086 $147,080 $56,500 $90,580
2014 $3,555 $147,080 $56,500 $90,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170122158

SmartMLS

APN: EHAM-000005A-000062A-000014A