NOT LISTED FOR SALE

488 Main St Cromwell, CT 06416

Estimated Value: $350,000 - $456,000

4 Beds
1.5 Baths
1,560 Sq Ft
$258/Sq Ft Est. Value

Last Sold November 25, 2015

Last sale price $237,000 $152 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,737/month

27 Days on Market

Highlights

  • Colonial Architecture
  • Partially Wooded Lot
  • 1 Fireplace
  • Deck
  • Attic
  • No HOA

About This Home

As of November 2015

Welcome to 488 Main Street - an absolutely charming farmhouse style colonial, completely remodeled from top to bottom! Step onto the inviting porch and through the front door where beautifully refinished, warm hardwood floors begin and flow throughout this entire home. Greet your friends and family in the ample entryway and walk into the living room, which offers a stone fireplace and large windows to allow lots of natural light. The open kitchen/dining room ensures you'll never miss any of the conversation as you enjoy cooking in your well-appointed kitchen which boasts stainless steel appliances, granite counters and access to the sizeable covered back deck which overlooks a lovely yard and allows for access to the garage. A newly remodeled 1/2 bath finishes the first floor. Upstairs you'll find 4 large bedrooms with plenty of closet space - not to mention doors with skeleton key locks to add to the charm of this amazing home! A completely remodeled full bath finishes the 2nd floor. Don't miss out on the opportunity to own a little piece of yesterday with the modern conveniences today's buyers love!

Last Agent to Sell the Property

Jonathan Gineo

Silver and Oak Realty License #REB.0790286 Listed on: 09/22/2015

Last Buyer's Agent

Gerard Sullivan

Coldwell Banker Realty License #RES.0799830

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,884

Year Built

  • Built in 1918

Lot Details

  • 0.38 Acre Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 1 Car Detached Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • Deck
  • Porch

Schools

  • Pboe Elementary School
  • Cromwell High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,884

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 1560
  • Year Built: 1918
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: From CT160 E/CT3 S; turn Left onto Court; turn Right onto CT99/Main St; #488 on left
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 3
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Walk-up
  • Basement Description: Full
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 488

Exterior Features

  • Exterior Features: Deck, Porch
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1
  • Driveway Type: Paved

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: PBOE
  • High School: Cromwell

Lot Info

  • Acres: 0.3800
  • Lot Description: Lightly Wooded, Rolling

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 3884
  • Total Assessed Value: 123790
  • Mil Rate Total: 31.380
  • Assessor Parcel Number: 955837

MLS Schools

  • Elementary School: PBOE
  • High School: Cromwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2015
Closed on
Nov 30, 2015
Sold by
Nutmeg Property Dev Gr
Bought by
Morrissey Derek
Seller's Agent
Jonathan Gineo
Silver and Oak Realty
Buyer's Agent
Gerard Sullivan
Coldwell Banker Realty
List Price
$259,900
Sold Price
$237,000
Premium/Discount to List
-$22,900
-8.81%
Total Days on Market
27
Current Estimated Value
$402,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,552
Avg. Annual Appreciation
5.72%
Original Mortgage
$189,600
Outstanding Balance
$151,959
Interest Rate
3.87%
Estimated Equity
$250,593

Purchase Details

Listed on
Apr 11, 2014
Closed on
Feb 6, 2015
Sold by
Wells Fago Bank Na
Bought by
Nutmeg Property Dev Gr
Seller's Agent
Brian Daddona
Vylla Home (CT) LLC
Buyer's Agent
Jonathan Gineo
Silver and Oak Realty
List Price
$149,900
Sold Price
$79,900
Premium/Discount to List
-$70,000
-46.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
276.58%
Original Mortgage
$143,510
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2014
Sold by
Goodrich Robert W
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 15, 1998
Sold by
Pierce Beulah B Est
Bought by
Goodrich Robert W
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
Morrissey Derek $237,000 --
Nutmeg Property Dev Gr $79,900 --
Wells Fargo Bank Na -- --
Goodrich Robert W $99,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goodrich Robert W $189,600
Previous Owner Goodrich Robert W $143,510
Previous Owner Goodrich Robert W $146,000
Previous Owner Goodrich Robert W $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2015 11/25/15 Sold $237,000 -8.8% $152 / Sq Ft
10/19/2015 10/19/15 Pending -- -- --
09/22/2015 09/22/15 For Sale $259,900 +225.3% $167 / Sq Ft
01/31/2015 01/31/15 Sold $79,900 -46.7% $51 / Sq Ft
12/05/2014 12/05/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $149,900 -- $96 / 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 $5,719 $190,190 $61,880 $128,310
2023 $5,593 $190,190 $61,880 $128,310
2022 $5,270 $158,130 $59,220 $98,910
2021 $5,270 $158,130 $59,220 $98,910
2020 $5,191 $158,130 $59,220 $98,910
2019 $5,191 $158,130 $59,220 $98,910
2018 $5,191 $158,130 $59,220 $98,910
2017 $4,767 $140,490 $50,740 $89,750
2016 $4,725 $140,490 $50,740 $89,750
2015 $3,885 $123,790 $50,740 $73,050
2014 $4,102 $123,260 $50,740 $72,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: P10080287

SmartMLS

APN: CROM-000044-000052-000006