NOT LISTED FOR SALE

487 Main St Cromwell, CT 06416

Estimated Value: $316,000 - $360,000

3 Beds
1 Bath
1,380 Sq Ft
$242/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $245,000 $178 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,269/month

5 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Hot Water Heating System
  • Attic
  • Hot Water Circulator
  • Level Lot

About This Home

As of July 2021

This updated Cape features a remodeled kitchen with granite counters, breakfast bar, stainless steel appliances and tiled backsplash recessed lighting and cork floor. Home has crown molding throughout and hardwood floors. Finished lower level which includes the third bedroom. Large level fenced yard.

Last Agent to Sell the Property

Keith Murphy

Innovative Properties License #REB.0758350 Listed on: 05/24/2021

Last Buyer's Agent

Maria Parker

William Raveis Real Estate License #RES.0785883

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,015

Year Built

  • Built in 1949

Lot Details

  • 0.42 Acre Lot
  • Level Lot
  • Property is zoned R-25

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Gable Roof Shape
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,380 Sq Ft Home
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated
  • Laundry on lower level

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Edna C. Stevens Elementary School
  • Cromwell High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Hot Water Circulator
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,015

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1380
  • Public Record Living Room Sq Ft: 1380
  • Total Sq Ft: 1380
  • Year Built: 1949
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2475
  • Directions: GPS Friendly
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Partially Finished
  • Appliances: Microwave, Range Hood, Refrigerator, Dishwasher
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 487

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle, Gable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Paved

Utilities

  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.4200
  • Lot Description: Level Lot, Fence - Partial
  • Zoning: R-25

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4015
  • Total Assessed Value: 122290
  • Mil Rate Base: 32.830
  • Mil Rate Total: 32.830
  • Assessor Parcel Number: 954884

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Jul 15, 2021
Sold by
Bishop Jennifer
Bought by
Larue Daniel J and Aquiler-Larue Jennifer
Seller's Agent
Keith Murphy
Innovative Properties
Buyer's Agent
Maria Parker
William Raveis Real Estate
List Price
$229,609
Sold Price
$245,000
Premium/Discount to List
$15,391
6.7%
Total Days on Market
5
Current Estimated Value
$333,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,783
Avg. Annual Appreciation
8.50%
Original Mortgage
$220,500
Outstanding Balance
$202,391
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$134,112

Purchase Details

Listed on
Sep 22, 2012
Closed on
Dec 26, 2012
Sold by
Fernandes Joao P and Fernandes Viola
Bought by
Pagano Jennifer L
Seller's Agent
Roberta Havlick
William Raveis Real Estate
Buyer's Agent
Alain Monbaron
Century 21 AllPoints Realty
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.70%
Original Mortgage
$196,377
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 2005
Sold by
Lane Joseph E and Lane Heidi E
Bought by
Fernandes Joao Pedro and Fernandes Viola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,500
Interest Rate
5.84%

Purchase Details

Closed on
Apr 29, 2002
Sold by
Cambareri Christopher
Bought by
Lane Jsoeph E and Lane Heidi E

Purchase Details

Closed on
Mar 2, 1992
Sold by
Larosa Carl J and Larosa Thelma
Bought by
Cambareri Christopher
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 Buyer Sale Price Title Company
Larue Daniel J $245,000 None Available
Pagano Jennifer L $200,000 --
Fernandes Joao Pedro $225,000 --
Lane Jsoeph E $144,900 --
Cambareri Christopher $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larue Daniel J $220,500
Previous Owner Cambareri Christopher $196,377
Previous Owner Cambareri Christopher $206,500
Previous Owner Cambareri Christopher $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2021 07/15/21 Sold $245,000 +6.7% $178 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $229,609 +17.7% $166 / Sq Ft
12/21/2012 12/21/12 Sold $195,000 -2.5% $141 / Sq Ft
10/22/2012 10/22/12 Pending -- -- --
09/22/2012 09/22/12 For Sale $199,900 -- $145 / 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 $4,736 $157,500 $62,370 $95,130
2023 $4,632 $157,500 $62,370 $95,130
2022 $4,076 $122,290 $59,710 $62,580
2021 $4,076 $122,290 $59,710 $62,580
2020 $4,015 $122,290 $59,710 $62,580
2019 $4,015 $122,290 $59,710 $62,580
2018 $4,015 $122,290 $59,710 $62,580
2017 $4,410 $129,960 $51,090 $78,870
2016 $4,371 $129,960 $51,090 $78,870
2015 $4,078 $129,960 $51,090 $78,870
2014 $4,325 $129,960 $51,090 $78,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170400002

SmartMLS

APN: CROM-000044-000047-000005