$360,000
SOLD NOV 7, 2024

48-50 River St Plainfield, CT 06354

6 Beds
3 Baths
2,597 Sq Ft
0.83 Acres

Recently Sold

$139 Per Sq Ft

5% Below List Price

57 Days on Market

Highlights

  • Waterfront
  • Tankless Water Heater
  • Hot Water Heating System
  • Attic

About This Home

As of November 2024

Welcome to the best of both words - owning and investing. This two-family home offers a spacious interior and exterior. One unit (48) offers three bedrooms, two full baths, an office/potential fourth bedroom, laundry room, sunroom and so much more! The other unit (50) includes three bedrooms and one bath, with a good-sized living room and kitchen on the main floor. Outside there is a large shed with a patio and your own access to the Moosup River with close proximity to the scenic footbridge on the Moosup Valley State Park Trail. With extensive renovations done in 2020, all the work is done for you!

Last Agent to Sell the Property

Alicia Cournoyer

Kazantzis Real Estate, LLC License #RES.0821833 Listed on: 07/11/2024

Last Buyer's Agent

Alicia Cournoyer

Kazantzis Real Estate, LLC License #RES.0821833 Listed on: 07/11/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,451

Year Built

  • Built in 1860

Lot Details

  • 0.83 Acre Lot
  • Waterfront

Home Design

  • Side-by-Side
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,597 Sq Ft Home
  • Water Views
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Schools

  • Plainfield High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Tankless Water Heater
  • Hot Water Circulator
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1701429

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,451

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Neighborhood: Moosup
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2597
  • Total Sq Ft: 2597
  • Year Built: 1860
  • New Construction: No/Resale
  • Property Sub Type: 2 Family
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Directions: GPS Friendly
  • Financing Used: Conventional Fixed
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Attic Description: Access Via Hatch
  • Basement Description: Crawl Space, Full
  • Laundry Room Location: First floor and basement
  • Attic: Yes
  • Street Number Modifier: 48-50

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: River Access
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil, Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.83
  • Lot Description: Water View
  • Zoning: RA19
  • Parcel #: 1701429

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 3451
  • Total Assessed Value: 149700
  • Mil Rate Total: 23.05

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Oct 7, 2024
Sold by
Vernon Nathaniel
Bought by
Finnerty Sarah
Seller's Agent
Alicia Cournoyer
Kazantzis Real Estate, LLC
Buyer's Agent
Alicia Cournoyer
Kazantzis Real Estate, LLC
List Price
$380,000
Sold Price
$360,000
Premium/Discount to List
-$20,000
-5.26%
Total Days on Market
57
Views
78
Current Estimated Value
$322,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,259
Avg. Annual Appreciation
-16.40%
Original Mortgage
$288,000
Outstanding Balance
$285,993
Interest Rate
6.08%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$36,748

Purchase Details

Listed on
Apr 14, 2020
Closed on
Jun 15, 2020
Sold by
Smith Patrick J
Bought by
Vernon Nathaniel
Seller's Agent
Brian Connolly
Real Broker CT, LLC
Buyer's Agent
Ashley Schnubel
Century 21 AllPoints Realty
List Price
$209,900
Sold Price
$211,500
Premium/Discount to List
$1,600
0.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.85%
Original Mortgage
$216,354
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 1996
Sold by
Smith Mary Ann
Bought by
Smith Patrick J and Smith Michael S
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 -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $211,500 None Available
Warranty Deed $211,500 None Available
Warranty Deed $211,500 None Available
Warranty Deed $110,000 --
Warranty Deed $110,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $288,000 Stand Alone Refi Refinance Of Original Loan
Closed $288,000 New Conventional
Previous Owner $219,357 Balloon
Previous Owner $216,354 New Conventional
Previous Owner $102,400 No Value Available
Previous Owner $120,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2024 11/07/24 Sold $360,000 -5.3% $139 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $380,000 +79.7% $146 / Sq Ft
06/16/2020 06/16/20 Sold $211,500 +0.8% $81 / Sq Ft
04/14/2020 04/14/20 For Sale $209,900 -- $81 / 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
2024 $3,451 $149,700 $28,870 $120,830
2023 $3,434 $149,700 $28,870 $120,830
2022 $4,489 $107,290 $26,210 $81,080
2021 $3,297 $107,290 $26,210 $81,080
2020 $3,276 $107,290 $26,210 $81,080
2019 $3,276 $107,290 $26,210 $81,080
2018 $3,225 $107,290 $26,210 $81,080
2017 $3,165 $98,830 $26,210 $72,620
2016 $3,059 $98,830 $26,210 $72,620
2015 $2,981 $98,830 $26,210 $72,620
2014 $2,981 $98,830 $26,210 $72,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24025996

SmartMLS

APN: PLAI-000002M-000065-000003