NOT LISTED FOR SALE

42 Pleasant St Groton, CT 06340

Estimated Value: $488,000 - $600,000

6 Beds
3 Baths
4,018 Sq Ft
$137/Sq Ft Est. Value

Last Sold May 02, 2016

Last sale price $263,500 $66 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,629/month

249 Days on Market

Highlights

  • Water Views
  • No HOA
  • Thermal Windows
  • Home fronts a sound
  • Walking Distance to Water
  • 4-minute walk to Fort Griswold Battlefield State Park

About This Home

As of May 2016

Spacious 3 family with a total of 4045 square foot living areas. ALL 2 bedroom units with separate furnaces,hot water tanks, and utilities. Hardwood floors in all living /dining rooms. 3 Porches with third floors enclosed. Washer and dryers in each unit. Close to EB, beaches, restaurants and marinas. A must see investment property.

Last Agent to Sell the Property

Ellen ET Fox

William Pitt Sotheby's Int'l License #REB.0754991 Listed on: 06/10/2015

William Pitt Sotheby's Int'l

Last Buyer's Agent

Amy Rio

Executive Real Estate Inc. License #REB.0788717

Executive Real Estate Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,317

Year Built

  • Built in 1897

Lot Details

  • 0.28 Acre Lot
  • Home fronts a sound
  • Level Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 4,018 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Water Views

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Rain Gutters
  • Porch

Schools

  • Pboe Elementary School
  • Fitch Senior High School

Utilities

  • Baseboard Heating
  • Bottled Gas Heating
  • Propane Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,317

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: 3updown - Unit(s) per Floor
  • Total Sq Ft: 4018
  • Year Built: 1897
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: South on Thames Street past Paul's Pasta and turn left unto Pleasant Street. House on left.
  • Special Features: None
  • Stories: 3

Interior Features

  • Full Bathrooms: 3
  • Laundry Room Location: First Floor
  • Attic: No
  • Stories Number Of: 3
  • Street Number Modifier: 42

Exterior Features

  • Exterior Features: Gutters, Porch
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: L. I. Sound Frontage, View, Walk to Water
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Total Parking Spaces: 4

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard
  • Heat Fuel Type: Bottle Gas
  • Hot Water Description: Propane
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: PBOE
  • High School: Fitch Senior

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.2850
  • Lot Description: Level Lot, Water View

Rental Info

  • Lease Purchase: No

Multi Family

  • Unit Count: 3
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 3317
  • Total Assessed Value: 158340
  • Mil Rate Total: 20.950
  • Assessor Parcel Number: 1949596

MLS Schools

  • Elementary School: PBOE
  • High School: Fitch Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2015
Closed on
May 3, 2016
Sold by
Sutt Michael C
Bought by
Orlander Etay
Seller's Agent
Ellen ET Fox
William Pitt Sotheby's Int'l
Buyer's Agent
Amy Rio
Executive Real Estate Inc.
List Price
$290,000
Sold Price
$263,500
Premium/Discount to List
-$26,500
-9.14%
Current Estimated Value
$548,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,379
Avg. Annual Appreciation
8.07%
Original Mortgage
$258,629
Outstanding Balance
$207,284
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$341,595

Purchase Details

Closed on
Aug 25, 2010
Sold by
Marafioti Silvia D and Marafioti Geraldine-Marafioti A
Bought by
Sutt Michael C and Sutt Jill C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
4.57%
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
Orlander Etay $263,400 --
Sutt Michael C $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orlander Etay $258,629
Previous Owner Sutt Michael C $176,250
Previous Owner Sutt Michael C $105,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2016 05/02/16 Sold $263,500 -9.1% $66 / Sq Ft
02/14/2016 02/14/16 Pending -- -- --
06/10/2015 06/10/15 For Sale $290,000 -- $72 / 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 $8,625 $298,340 $131,691 $166,649
2024 $8,022 $298,340 $131,691 $166,649
2023 $7,697 $298,340 $60,270 $238,070
2022 $7,444 $298,340 $60,270 $238,070
2021 $5,318 $175,630 $39,830 $135,800
2020 $5,165 $175,630 $39,830 $135,800
2019 $5,000 $175,630 $39,830 $135,800
2018 $5,049 $175,630 $39,830 $135,800
2017 $5,067 $175,630 $39,830 $135,800
2016 $4,301 $158,340 $48,930 $109,410
2015 $4,246 $158,340 $48,930 $109,410
2014 $3,951 $158,340 $48,930 $109,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: E10054400

SmartMLS

APN: GROT-001689-001831-002287