NOT LISTED FOR SALE

488 Main St Portland, CT 06480

Estimated Value: $428,000 - $472,000

5 Beds
2.5 Baths
3,000 Sq Ft
$149/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $285,000 $95 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,992/month

8 Days on Market

Highlights

  • Waterfront
  • Colonial Architecture
  • No HOA
  • Gildersleeve School Rated 9+
  • Finished Attic
  • Screened Porch

About This Home

As of January 2021

Graceful brick colonial, 5 bed/2.5 bath near the Village Center! Gleaming hardwood floors, spacious rooms and period features like French doors, custom corner hutches and a large classic fireplace. Remodeled Kitchen provides lots of space and cabinetry, granite countertops, island and SS appliances (e.g., Jenn Air and Fisher Paykel). Convenient half bath on main level. Upstairs on the 3rd level you'll find a beautiful Master Bedroom Suite with skylights, full bath with walk in shower, 3 walk in closets and an office. Additionally there are 4 nice sized bedrooms with hardwood floors and a full vintage style bath. The rear of the property is completely fenced (great for kids and dogs!) with new 6 foot privacy fence and several large gates for easy access. Midway to the Farmland in the back is a shed with electric and water...formally used for a pool. From the Dining Room you can access a screened porch overlooking fields and distant CT River views-beautiful sunsets. The 2 car attached garage is roomy and accessible from the house. All appliances and pellet stove convey. Spacious and timeless with 3000 square feet in a fantastic location for walking to school, post office and more. Schedule today...with value like this it won't last!

Last Agent to Sell the Property

Pauline Webb

William Raveis Real Estate License #RES.0809411 Listed on: 12/07/2020

William Raveis Real Estate

Last Buyer's Agent

Moira Dill

mygoodagent License #RES.0808218

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,706

Year Built

  • Built in 1931

Lot Details

  • 0.46 Acre Lot
  • Waterfront
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Property is zoned R10

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Clap Board Siding
  • Masonry Siding
  • Masonry

Interior Spaces

  • 3,000 Sq Ft Home
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • French Doors
  • Screened Porch
  • Concrete Flooring
  • Water Views
  • Finished Attic

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Home Security

  • Smart Thermostat
  • Storm Windows
  • Storm Doors

Parking

  • 2 Car Attached Garage
  • Private Driveway

Outdoor Features

  • Shed

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,706

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 3000
  • Public Record Living Room Sq Ft: 2280
  • Total Sq Ft: 3000
  • Year Built: 1931
  • Nearby Amenities: Library, Medical Facilities, Park, Playground/Tot Lot, Public Rec Facilities
  • Remarks Public Addendum: $300 credit to buyer for repair of French door lock and window pane. There is additional land beyond the fence line so it's a very deep lot. Washer and dryer are in the basement and convey with the house.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Finished
  • Basement Description: Full, Unfinished, Concrete Floor
  • Appliances: Electric Cooktop, Oven/Range, Refrigerator, Icemaker, Dishwasher, Washer, Electric Dryer
  • Laundry Room Location: basement
  • Laundry Room Info: Lower Level
  • Attic: No
  • Home Automation: Thermostat(s)
  • Street Number Modifier: 488

Exterior Features

  • Exterior Features: French Doors, Porch-Screened, Shed
  • Exterior Siding: Clapboard, Brick
  • Foundation Type: Concrete, Masonry
  • Roof Information: Asphalt Shingle
  • Waterfront Description: View
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Private, Paved, Asphalt

Utilities

  • Cooling System: Ceiling Fans, Window Unit
  • Heat Type: Radiator
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Fireplace Insert, Storm Doors, Storm Windows

Lot Info

  • Acres: 0.4600
  • Lot Description: Open Lot, Cleared, Level Lot, Fence - Partial, Fence - Privacy
  • Zoning: R10

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 7706
  • Total Assessed Value: 224140
  • Mil Rate Base: 34.380
  • Mil Rate Total: 34.380
  • Assessor Parcel Number: 1034485

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2020
Closed on
Jan 27, 2021
Sold by
Warren Victoria
Bought by
Palencia Cassandra and Palencia Jose
Seller's Agent
Pauline Webb
William Raveis Real Estate
Buyer's Agent
Moira Dill
mygoodagent
List Price
$299,900
Sold Price
$285,000
Premium/Discount to List
-$14,900
-4.97%
Current Estimated Value
$446,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,683
Avg. Annual Appreciation
10.08%
Original Mortgage
$252,500
Outstanding Balance
$225,716
Interest Rate
2.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$220,967

Purchase Details

Closed on
Jan 17, 2019
Sold by
Havlicek Joseph
Bought by
Cruz Victoria and Cruz Guillermo

Purchase Details

Closed on
May 4, 2010
Sold by
Deutsche Bk
Bought by
Havlicek Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,800
Interest Rate
4.99%

Purchase Details

Closed on
Jan 29, 2010
Sold by
Rosano Matthew P and Valli Ann O
Bought by
Deutsche Bk

Purchase Details

Closed on
Aug 5, 2005
Sold by
Dicataldo Donna M
Bought by
Rosano Matthew P and Valli Ann O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,300
Interest Rate
7.8%

Purchase Details

Closed on
May 30, 1995
Sold by
Penfield Jeanette Est
Bought by
Dicataldo Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.33%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Palencia Cassandra $285,000 None Available
Cruz Victoria $280,000 None Available
Havlicek Joseph A $211,000 --
Deutsche Bk -- --
Rosano Matthew P $327,000 --
Dicataldo Donna $158,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palencia Cassandra $252,500
Previous Owner Dicataldo Donna $168,800
Previous Owner Dicataldo Donna $294,300
Previous Owner Dicataldo Donna $117,000
Previous Owner Dicataldo Donna $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/29/2021 01/29/21 Sold $285,000 0.0% $95 / Sq Ft
12/15/2020 12/15/20 Pending -- -- --
12/14/2020 12/14/20 Price Changed $285,000 -5.0% $95 / Sq Ft
12/07/2020 12/07/20 For Sale $299,900 +7.1% $100 / Sq Ft
01/17/2020 01/17/20 Sold $280,000 -6.5% $93 / Sq Ft View Prior Sale
01/06/2020 01/06/20 Price Changed $299,500 -3.4% $100 / Sq Ft
12/09/2019 12/09/19 For Sale $310,000 -- $103 / 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 $7,383 $215,250 $44,940 $170,310
2023 $6,987 $215,250 $44,940 $170,310
2022 $6,983 $215,250 $44,940 $170,310
2021 $7,847 $224,140 $49,980 $174,160
2020 $7,706 $224,140 $49,980 $174,160
2019 $7,578 $224,140 $49,980 $174,160
2018 $7,578 $224,140 $49,980 $174,160
2017 $7,392 $224,140 $49,980 $174,160
2016 $6,982 $214,760 $62,440 $152,320
2015 $6,945 $214,760 $62,440 $152,320
2014 $6,825 $214,760 $62,440 $152,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170357111

SmartMLS

APN: PORT-000047-000000-000042