NOT LISTED FOR SALE

432 S Main St Suffield, CT 06078

Estimated Value: $419,000 - $585,000

5 Beds
2 Baths
2,598 Sq Ft
$192/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $385,000 $148 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,994/month

16 Days on Market

Highlights

  • Attic
  • 1 Fireplace
  • No HOA
  • Suffield Middle School Rated A-
  • Corner Lot
  • Central Air

About This Home

As of October 2021

Rare opportunity to own a 2 family home in Suffield. This remolded home features 2 large updated apartments with excellent rental income. Nice large corner lot with plenty of parking. Updated kitchens and baths, & newer heating system!

Last Agent to Sell the Property

Paul Gallagher

Gallagher Real Estate License #REB.0790100 Listed on: 08/23/2021

Gallagher Real Estate

Last Buyer's Agent

Paul Gallagher

Gallagher Real Estate License #REB.0790100 Listed on: 08/23/2021

Gallagher Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,928

Year Built

  • Built in 1850

Lot Details

  • 0.42 Acre Lot
  • Corner Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Slate Roof
  • Wood Siding

Interior Spaces

  • 2,598 Sq Ft Home
  • 1 Fireplace
  • Walkup Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Driveway
  • Off-Street Parking

Location

  • Property is near golf course

Schools

  • A. Ward Spaulding Elementary School
  • Suffield High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $3,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,928

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 2598
  • Public Record Living Room Sq Ft: 2598
  • Total Sq Ft: 2598
  • Year Built: 1850
  • Nearby Amenities: Golf Course, Private School(s), Stables/Riding
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4336
  • Tax Year Updated Dt: 08/23/2021
  • Directions: corner of S Main and Limric Lane
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Walk-up
  • Basement Description: Full, Interior Access
  • Laundry Room Info: All Units Have Hook-Ups, Hook-Up In Unit 1, Hook-Up In Unit 2
  • Attic: Yes

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Stone
  • Roof Information: Slate
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway, Off Street Parking
  • Driveway Type: Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard, Hot Air
  • Heat Fuel Type: Oil, Propane
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.4200
  • Lot Description: Corner Lot, Level Lot
  • Flood Zone: No
  • Zoning: R25

Multi Family

  • Gross Annual Income: 3120
  • Unit Count: 2
  • Total Multi Family: 10
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 5928
  • Mil Rate Base: 28.640
  • Assessor Parcel Number: 735904

MLS Schools

  • Elementary School: A. Ward Spaulding
  • High School: Suffield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2021
Closed on
Oct 1, 2021
Sold by
Eriole Amy H
Bought by
Makusiewicz Karol
Seller's Agent
Paul Gallagher
Gallagher Real Estate
Buyer's Agent
Paul Gallagher
Gallagher Real Estate
List Price
$399,900
Sold Price
$385,000
Premium/Discount to List
-$14,900
-3.73%
Current Estimated Value
$470,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,473
Avg. Annual Appreciation
6.26%
Original Mortgage
$288,750
Outstanding Balance
$263,313
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$235,665

Purchase Details

Listed on
Sep 12, 2018
Closed on
Nov 30, 2018
Sold by
Bailey Aileen M
Bought by
Eriole Amy H
Seller's Agent
Jessica McCormack
Coldwell Banker Realty
Buyer's Agent
Paul Gallagher
Gallagher Real Estate
List Price
$279,000
Sold Price
$287,000
Premium/Discount to List
$8,000
2.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.82%
Original Mortgage
$281,801
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 2015
Sold by
Oneill Mark A and Oneill Cindy L
Bought by
Bailey Aileen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,375
Interest Rate
4.08%
Mortgage Type
VA

Purchase Details

Closed on
Jan 23, 2013
Sold by
Oneill Mark A and Oneill Cindy L
Bought by
Hamlet Homes Llc

Purchase Details

Closed on
Oct 26, 2007
Sold by
Walker Mary and Walker Joseph
Bought by
Oneill Cindy and Oneill Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Makusiewicz Karol $385,000 None Available
Eriole Amy H $287,000 --
Bailey Aileen M $250,000 --
Hamlet Homes Llc -- --
Oneill Cindy $510,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Makusiewicz Karol $288,750
Previous Owner Eriole Amy H $281,801
Previous Owner Bailey Aileen M $255,375
Previous Owner Oneill Cindy $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2021 10/07/21 Sold $385,000 -3.7% $148 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $399,900 +39.3% $154 / Sq Ft
11/29/2018 11/29/18 Sold $287,000 +2.9% $110 / Sq Ft View Prior Sale
09/12/2018 09/12/18 For Sale $279,000 -- $107 / 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 $6,407 $273,700 $71,260 $202,440
2024 $6,194 $273,700 $71,260 $202,440
2023 $5,922 $207,000 $67,560 $139,440
2022 $5,922 $207,000 $67,560 $139,440
2021 $5,928 $207,000 $67,560 $139,440
2020 $5,928 $207,000 $67,560 $139,440
2019 $5,945 $207,000 $67,560 $139,440
2018 $5,943 $202,680 $63,240 $139,440
2017 $5,855 $202,680 $63,240 $139,440
2016 $5,716 $202,680 $63,240 $139,440
2015 $5,630 $202,680 $63,240 $139,440
2014 $5,335 $196,730 $63,240 $133,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170431399

SmartMLS

APN: SUFF-000035H-000048-000095-000001