NOT LISTED FOR SALE

462 Main St Cromwell, CT 06416

Estimated Value: $531,000 - $717,000

5 Beds
5 Baths
4,683 Sq Ft
$133/Sq Ft Est. Value

Last Sold February 17, 2023

Last sale price $575,000 $123 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,051/month

31 Days on Market

Highlights

  • Deck
  • 2 Fireplaces
  • Patio
  • Cromwell High School Rated 9+
  • Porch
  • Shed

About This Home

As of February 2023

Inlaws, Outlaws, Room for All! If you need multi-generational living (or additional rental income), this meticulous home brings exceptional living to all your loved ones. While the brownstone foundation in front and a few exterior frames are from 1900, this house was built entirely in 2015, less than eight years old. The architectural design offers fabulous living spaces, including an 1100 sq ft, two-bedroom apartment with a private entrance. And it is beautiful, with hardwood floors in the living room, a kitchen with granite counters, and a breakfast bar. The main house has a welcoming front porch, and as soon as you step inside, wow! There is a beautiful chef-inspired kitchen with an enormous island, a family room with a gas fireplace for instant ambiance, and hardwood floors. The front room is an office with a half bathroom and a private front entrance. Need a first-floor bedroom? It can be a good option. Upstairs, the primary bedroom suite is an expansive sanctuary to relax at night and recharge for tomorrow. In addition to the walk-in closet and sumptuous bathroom, this remarkable retreat also offers the quiet visual entertainment of a gas fireplace. When the warmer weather gets here, you have two decks, a patio, and a large shed. No detail was overlooked, including a whole house generator, an oversized garage, multiple zones, a large basement with a half bath, and a huge paved driveway for plenty of parking. You'll thank yourself for getting your offer in early.

Last Agent to Sell the Property

Debbie Huscher

Real Broker CT, LLC License #RES.0766293 Listed on: 01/08/2023

Real Broker CT, LLC

Last Buyer's Agent

Sherry Borgeson

Berkshire Hathaway NE Prop. License #RES.0756010

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,704

Year Built

  • Built in 1900

Lot Details

  • 0.64 Acre Lot
  • Sloped Lot

Home Design

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

Interior Spaces

  • 4,683 Sq Ft Home
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 2 Car Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Porch

Location

  • Property is near a golf course

Schools

  • Edna C. Stevens Elementary School
  • Cromwell High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Power Generator

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 956184

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,704

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Other
  • Sq Ft Est Heated Above Grade: 4683
  • Total Sq Ft: 4683
  • Year Built: 1900
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Library, Park
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 8142
  • Directions: CT-9, Take exit 18 toward Cromwell/CT-99 N/Rocky Hill onto Main St. Go for 2.0 mi.
  • Financing Used: Conventional Fixed
  • Spec Assoc Asses: No
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Fireplaces: 2
  • Basement Description: Full
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No

Exterior Features

  • Exterior Features: Deck, Patio, Porch, Shed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Paved
  • Total Parking Spaces: 6
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Green Features

  • Energy Features: Generator

Lot Info

  • Acres: 0.64
  • Lot Description: Sloping Lot
  • Zoning: R-25
  • Parcel #: 956184

Multi Family

  • Total Number Of Units: 2
  • Unit Count: 2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 7704

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2023
Closed on
Feb 17, 2023
Sold by
Calhoun Kevin P
Bought by
Balaban Mark A
Seller's Agent
Debbie Huscher
Real Broker CT, LLC
Buyer's Agent
Sherry Borgeson
Berkshire Hathaway NE Prop.
List Price
$550,000
Sold Price
$575,000
Premium/Discount to List
$25,000
4.55%
Views
53
Current Estimated Value
$622,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,921
Avg. Annual Appreciation
2.91%
Original Mortgage
$287,500
Outstanding Balance
$278,721
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$344,200

Purchase Details

Closed on
Oct 1, 2018
Sold by
Fnma
Bought by
Hebert Marc

Purchase Details

Closed on
Jan 24, 2018
Sold by
Northwoods Of Cromwell
Bought by
Cromwell Town Of

Purchase Details

Closed on
Jan 22, 2018
Sold by
Gardners Nurseries Inc
Bought by
Scannell Properties 31

Purchase Details

Closed on
Jan 10, 2018
Sold by
Rogers Ryan
Bought by
Rogers Kathryn

Purchase Details

Closed on
Nov 6, 2017
Sold by
Kerwick William
Bought by
Greene Joni

Purchase Details

Closed on
Jul 1, 2013
Sold by
Connecticut Dot
Bought by
Doyle Frederick J and Doyle Sandra M

Purchase Details

Listed on
Jun 6, 2012
Closed on
Oct 4, 2012
Sold by
Russo James S
Bought by
Calhoun Kevin P
Seller's Agent
Jim Curley
Curley Real Estate Associates
Buyer's Agent
Jim Curley
Curley Real Estate Associates
List Price
$125,000
Sold Price
$80,000
Premium/Discount to List
-$45,000
-36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.86%

Purchase Details

Listed on
Jun 6, 2012
Closed on
Sep 4, 2012
Sold by
H & C Developers Llc
Bought by
Dagnese Mario
Seller's Agent
Jim Curley
Curley Real Estate Associates
Buyer's Agent
Jim Curley
Curley Real Estate Associates
List Price
$125,000
Sold Price
$80,000
Premium/Discount to List
-$45,000
-36%

Purchase Details

Closed on
Apr 8, 2011
Sold by
Congress Drive Llc
Bought by
Cromwell Town Of

Purchase Details

Closed on
May 18, 2009
Sold by
Byloff Harold O Est
Bought by
Kiley David J and Kiley Ruthann B

Purchase Details

Closed on
Jan 1, 1987
Sold by
Ribera Robert J
Bought by
Russo James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
9.59%
Mortgage Type
Purchase Money Mortgage
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
Balaban Mark A $575,000 None Available
Balaban Mark A $575,000 None Available
Balaban Mark A $575,000 None Available
Hebert Marc $44,290 --
Cromwell Town Of -- --
Scannell Properties 31 $3,159,164 --
Rogers Kathryn -- --
Greene Joni $145,000 --
Doyle Frederick J -- --
Calhoun Kevin P $80,000 --
Dagnese Mario -- --
Cromwell Town Of -- --
Kiley David J $4,800 --
Russo James $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balaban Mark A $287,500
Closed Balaban Mark A $287,500
Previous Owner Russo James $58,000
Previous Owner Russo James $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/17/2023 02/17/23 Sold $575,000 +4.5% $123 / Sq Ft
01/16/2023 01/16/23 For Sale $550,000 +587.5% $117 / Sq Ft
10/03/2012 10/03/12 Sold $80,000 -36.0% $42 / Sq Ft View Prior Sale
07/23/2012 07/23/12 Pending -- -- --
06/06/2012 06/06/12 For Sale $125,000 -- $65 / 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 $9,248 $300,370 $64,890 $235,480
2024 $9,032 $300,370 $64,890 $235,480
2023 $8,834 $300,370 $64,890 $235,480
2022 $7,704 $231,140 $62,090 $169,050
2021 $7,704 $231,140 $62,090 $169,050
2020 $7,588 $231,140 $62,090 $169,050
2019 $7,588 $231,140 $62,090 $169,050
2018 $7,588 $231,140 $62,090 $169,050
2017 $7,308 $215,370 $53,000 $162,370
2016 $7,243 $215,370 $53,000 $162,370
2015 $3,596 $114,610 $53,000 $61,610
2014 $2,823 $84,840 $53,000 $31,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170542931

SmartMLS

APN: CROM-000056-000054-000003A