$525,000
SOLD OCT 21, 2024

42 Otis St Stratford, CT 06615

6 Beds
2 Baths
2,592 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$203 Per Sq Ft

5% Above List Price

52 Days on Market

About This Home

As of October 2024

Beautiful 2 Family home, perfect for owner occupancy or Investors. Located between Barnum Ave and Boston Ave, Shopping centers near by and bus stops. First Unit is 2 Bed and 1 Full Bath. Second Unit is a Duplex style with 4 bedrooms and 1 Full Bath.

Last Agent to Sell the Property

Ana Pena

William Raveis Real Estate License #RES.0771917 Listed on: 06/03/2024

William Raveis Real Estate

Last Buyer's Agent

Tom Braunagel

Keller Williams Realty Prtnrs. License #REB.0791224

Keller Williams Realty Prtnrs.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,911

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 2,592 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 375758

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,911

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2592
  • Total Sq Ft: 2592
  • Year Built: 1920
  • New Construction: No/Resale
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Directions: Barnum Avenue to Otis St
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 2592
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement Description: Full
  • Attic: No
  • Street Number Modifier: 42

Exterior Features

  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.14
  • Lot Description: N/A
  • Zoning: RM-1
  • Parcel #: 375758

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 6911
  • Total Assessed Value: 171920
  • Mil Rate Total: 40.2

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2024
Sold by
117 East Avenue Llc
Bought by
Baez Avily
Total Days on Market
52
Current Estimated Value
$523,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$416,797
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$107,189

Purchase Details

Listed on
Jun 6, 2019
Closed on
Jul 15, 2019
Sold by
Corevest Bridgeport 2017
Bought by
Fernandez Samuel
Seller's Agent
Ana Pena
William Raveis Real Estate
Buyer's Agent
Ana Pena
William Raveis Real Estate
List Price
$259,900
Sold Price
$250,000
Premium/Discount to List
-$9,900
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.56%

Purchase Details

Closed on
Apr 21, 2016
Sold by
Wells Fargo Bank Na Tr
Bought by
Eaton Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2015
Sold by
Kearney Gene T and Wells Fargo Bank Na Tr
Bought by
Wells Fargo Bank Na Tr

Purchase Details

Closed on
Mar 10, 1997
Sold by
Kupis Lynne
Bought by
Kearney Gene T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,391
Interest Rate
7.77%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $525,000 None Available
Warranty Deed $525,000 None Available
Warranty Deed -- --
Warranty Deed $125,299 --
Warranty Deed $125,299 --
Foreclosure Deed -- --
Foreclosure Deed -- --
Deed $109,000 --
Deed $109,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,000 Purchase Money Mortgage
Closed $420,000 Purchase Money Mortgage
Previous Owner $340,000 Balloon
Previous Owner $192,500 Purchase Money Mortgage
Previous Owner $146,000 No Value Available
Previous Owner $106,391 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2024 10/21/24 Sold $525,000 0.0% $203 / Sq Ft
10/08/2024 10/08/24 Off Market $3,000 -- --
10/01/2024 10/01/24 For Rent $3,000 0.0% --
07/25/2024 07/25/24 Pending -- -- --
06/03/2024 06/03/24 For Sale $499,900 +100.0% $193 / Sq Ft
08/08/2019 08/08/19 Sold $250,000 -3.8% $96 / Sq Ft
07/02/2019 07/02/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $259,900 0.0% $100 / Sq Ft
07/31/2018 07/31/18 Rented $1,850 0.0% --
07/18/2018 07/18/18 Under Contract -- -- --
07/13/2018 07/13/18 For Rent $1,850 -- --
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
2024 $6,911 $171,920 $52,080 $119,840
2023 $6,911 $171,920 $52,080 $119,840
2022 $6,784 $171,920 $52,080 $119,840
2021 $6,786 $171,920 $52,080 $119,840
2020 $6,815 $171,920 $52,080 $119,840
2019 $5,691 $142,730 $41,160 $101,570
2018 $5,695 $142,730 $41,160 $101,570
2017 $5,705 $142,730 $41,160 $101,570
2016 $5,565 $142,730 $41,160 $101,570
2015 $5,278 $142,730 $41,160 $101,570
2014 $5,504 $154,490 $48,090 $106,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24022557

SmartMLS

APN: STRA-000209-000006-000007