NOT LISTED FOR SALE

48 Forest St Groton, CT 06340

Groton Area

Estimated Value: $310,000 - $447,000

4 Beds
4 Baths
2,552 Sq Ft
$148/Sq Ft Est. Value

Sale Details

Date Sold: June 25, 2021

Last sale price $305,000 $120 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,186 / mo

64 Days on Market

Highlights

  • Deck
  • Attic
  • Walking Distance to Water
  • Property is near golf course and public transit
  • No HOA
  • Thermal Windows

About This Home

As of June 2021

4 Family investment property, walking distance to Electric Boat in Groton. Great Investment as an owner occupant or full rental. Coin operated laundry room in basement brings another level of income. No trouble with vacancy due to the fantastic Location. EB is set to ramp up work for years to come, adding an extra layer of protection to your investment. Current owner is also selling the property next door (#48). Dont miss out on this great opportunity.

Last Agent to Sell the Property

Kenny Fratus

RE/MAX on the Bay License #RES.0796462 Listed on: 04/12/2021

RE/MAX on the Bay

Last Buyer's Agent

Kenny Fratus

RE/MAX on the Bay License #RES.0796462 Listed on: 04/12/2021

RE/MAX on the Bay

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,056

Year Built

  • Built in 1930

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 2,552 Sq Ft Home
  • Thermal Windows
  • Basement Fills Entire Space Under The House
  • Walkup Attic
  • Smart Thermostat

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • Parking Deck
  • Driveway
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Deck

Location

  • Property is near golf course and public transit

Utilities

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

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,056

Year Built

Built in 1930

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2552
  • Public Record Living Room Sq Ft: 2552
  • Total Sq Ft: 2552
  • Year Built: 1930
  • Nearby Amenities: Basketball Court, Golf Course, Library, Medical Facilities, Park, Public Transportation
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2552
  • Directions: GPS Friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Attic Description: Walk-up
  • Basement Description: Full
  • Attic: Yes
  • Home Automation: Thermostat(s)

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.1600
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R52

Multi Family

  • Unit Count: 4
  • Total Multi Family: 16
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4056
  • Mil Rate Base: 25.110
  • Mil Rate Tax District: 4.300
  • Assessor Parcel Number: 1950480

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
Jun 24, 2021
Sold by
Karsydney Llc
Bought by
Seller's Agent
Kenny Fratus
RE/MAX on the Bay
Buyer's Agent
Kenny Fratus
RE/MAX on the Bay
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%
Current Estimated Value
$487,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,500
Avg. Annual Appreciation
4.24%
Original Mortgage
$768,000
Outstanding Balance
$539,564
Interest Rate
2.2%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
-$161,064

Purchase Details

Closed on
Dec 26, 2017
Sold by
Mazzella Charles A and Mazzella Deborah A
Bought by
Karsydney Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
3.9%
Mortgage Type
Unknown

Purchase Details

Closed on
May 10, 2002
Sold by
Garbati Thomas
Bought by
Leffert Sean A and Leffert Sayra G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.85%

Purchase Details

Closed on
Oct 25, 2001
Sold by
Mussman Bernard
Bought by
Lenhart August
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Groton, CT

  • Chris Maynard Real Estate Agent - William Raveis Real Estate

    Chris Maynard

    Responds Quickly

    William Raveis Real Estate

    (959) 213-1562

    68 Total Sales

    2 in Groton

    $65K - $1.4M Price Range

    Chris Maynard
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  • Miles LaFemina Real Estate Agent - Drawbridge Realty

    Miles LaFemina

    Drawbridge Realty

    (860) 300-2136

    25 Total Sales

    1 in Groton

    $420,000 Price

    Miles LaFemina
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  • Marilyn Lusher Real Estate Agent - RE/MAX Legends

    Marilyn Lusher

    RE/MAX Legends

    (860) 743-1317

    242 Total Sales

    8 in Groton

    $88K - $565K Price Range

    Marilyn Lusher
     Section Image
  • Donald Miller Real Estate Agent - Berkshire Hathaway NE Prop.

    Donald Miller

    Berkshire Hathaway NE Prop.

    (860) 300-2199

    42 Total Sales

    5 in Groton

    $140K - $409K Price Range

    Donald Miller
     Section Image
  • Mike Kelly Real Estate Agent - Mike Kelly Real Estate LLC

    Mike Kelly

    Mike Kelly Real Estate LLC

    (475) 263-4904

    36 Total Sales

    2 in Groton

    $190K - $440K Price Range

    Mike Kelly
     Section Image
  • Doreen Corriveau Real Estate Agent - KW Legacy Partners

    Doreen Corriveau

    KW Legacy Partners

    (959) 230-0926

    194 Total Sales

    1 in Groton

    $415,000 Price

    Doreen Corriveau
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Karsydney Llc $525,000 --
Leffert Sean A $169,900 --
Lenhart August $27,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $768,000
Closed Garbo Properties Llc $768,000
Previous Owner Leffert Sean A $162,000
Previous Owner -- $615,000
Previous Owner Leffert Sean A $28,000
Previous Owner Leffert Sean A $148,000
Previous Owner Karol David $25,000
Previous Owner Karol David $97,500
Previous Owner Karol David $118,305
Previous Owner Mazzella Charles A $210,000
Previous Owner Garbati Thomas $195,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/25/2021 06/25/21 Sold $305,000 -6.2% $120 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $325,000 0.0% $127 / Sq Ft
02/28/2020 02/28/20 Rented $775 0.0% --
02/11/2020 02/11/20 Under Contract -- -- --
01/27/2020 01/27/20 Price Changed $775 -3.1% $1 / Sq Ft
01/07/2020 01/07/20 For Rent $800 0.0% --
12/30/2019 12/30/19 Under Contract -- -- --
11/19/2019 11/19/19 For Rent $800 -- --
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,946 $205,660 $100,849 $104,811
2024 $5,427 $201,810 $99,694 $102,116
2023 $5,207 $201,810 $55,930 $145,880
2022 $5,035 $201,810 $55,930 $145,880
2021 $4,176 $137,900 $36,190 $101,710
2020 $4,056 $137,900 $36,190 $101,710
2019 $3,926 $137,900 $36,190 $101,710
2018 $3,965 $137,900 $36,190 $101,710
2017 $3,978 $137,900 $36,190 $101,710
2016 $4,261 $156,870 $45,290 $111,580
2015 $4,207 $156,870 $45,290 $111,580
2014 $3,914 $156,870 $45,290 $111,580
Source: Public Records

Agents Affiliated with this Home

  • Kenny Fratus Real Estate Agent - RE/MAX

    Seller's Agent in 2021

    Kenny Fratus

    RE/MAX

    (860) 460-6760

    47 Total Sales

    Kenny Fratus
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Map

Source: SmartMLS

MLS Number: 170389038

SmartMLS

APN: GROT-001688-001157-002361

Connecticut New London County Groton 06340

48 Forest St, Groton, CT

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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