NOT LISTED FOR SALE

49 Trumbull Ave Stonington, CT 06378

Estimated Value: $661,000 - $693,000

5 Beds
5 Baths
1,923 Sq Ft
$351/Sq Ft Est. Value

Last Sold November 03, 2022

Last sale price $340,000 $177 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $4,139/month

124 Days on Market

Highlights

  • No HOA
  • Walking Distance to Water
  • Hot Water Heating System
  • Mystic Middle School Rated A-
  • Hot Water Circulator
  • Level Lot

About This Home

As of November 2022

Great location! Walk to the Stonington Borough and enjoy the library, shopping and restaurants the Borough has to offer! Walking distance to the Velvet Mill where you can enjoy the artist galleries, bakery, fish market, Beer'd brewery, restaurants and the Saturday morning Farmers market. You can also walk to the Stonington Como to play paddle board or tennis. This property is a diamond in the rough and will require updating. 2 Family Home - Unit 1 is on the first floor and Unit 2 is on the second and third floors. Fenced in yard, off street parking. Great investment opportunity!

Last Agent to Sell the Property

Thomas Switz

Switz Real Estate Associates License #REB.0757584 Listed on: 06/30/2022

Co-Listed By

Alexi Switz

Switz Real Estate Associates License #RES.0818658

Last Buyer's Agent

Lisa Raiche

Town & Shore Realty License #REB.0793257

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,569

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Asbestos Siding
  • Masonry

Interior Spaces

  • 1,923 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Walking Distance to Water

Schools

  • Stonington High School

Utilities

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

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,569

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Stonington Borough
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1923
  • Public Record Living Room Sq Ft: 1923
  • Total Sq Ft: 1923
  • Year Built: 1900
  • Nearby Amenities: Library, Paddle Tennis, Playground/Tot Lot, Tennis Courts
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3604
  • Tax Year Updated Dt: 07/13/2022
  • Directions: GPS Friendly.
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 5.00
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement Description: Full With Hatchway, Unfinished
  • Attic: No
  • Street Number Modifier: 49

Exterior Features

  • Exterior Siding: Asbestos
  • Foundation Type: Masonry
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.0900
  • Lot Description: Level Lot
  • Zoning: RM-20

Multi Family

  • Unit Count: 3
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 3569
  • Total Assessed Value: 147400
  • Mil Rate Base: 23.660
  • Mil Rate Tax District: 0.550
  • Mil Rate Total: 24.210
  • Assessor Parcel Number: 2072697

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Nov 3, 2022
Sold by
Flack Brandon W and Flack Cindy D
Bought by
Ferraro Brian
Seller's Agent
Thomas Switz
Switz Real Estate Associates
Buyer's Agent
Lisa Raiche
Town & Shore Realty
List Price
$395,000
Sold Price
$340,000
Premium/Discount to List
-$55,000
-13.92%
Total Days on Market
124
Views
190
Current Estimated Value
$675,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,255
Avg. Annual Appreciation
30.33%
Original Mortgage
$251,250
Outstanding Balance
$244,394
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$430,861
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
Ferraro Brian $340,000 None Available
Ferraro Brian $340,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferraro Brian $251,250
Closed Ferraro Brian $251,250
Previous Owner Flack Brandon W $166,500
Previous Owner Flack Brandon W $166,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2022 11/03/22 Sold $340,000 -10.3% $177 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
09/01/2022 09/01/22 Price Changed $379,000 -4.1% $197 / Sq Ft
06/30/2022 06/30/22 For Sale $395,000 0.0% $205 / Sq Ft
02/01/2017 02/01/17 Rented $1,250 0.0% --
01/12/2017 01/12/17 For Rent $1,250 0.0% --
02/04/2014 02/04/14 Rented $1,250 0.0% --
01/26/2014 01/26/14 Under Contract -- -- --
01/07/2014 01/07/14 For Rent $1,250 -- --
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 $4,186 $232,900 $94,200 $138,700
2023 $2,935 $163,500 $94,200 $69,300
2022 $3,569 $147,400 $89,500 $57,900
2021 $3,604 $147,400 $89,500 $57,900
2020 $3,539 $147,400 $89,500 $57,900
2019 $3,539 $147,400 $89,500 $57,900
2018 $3,439 $147,400 $89,500 $57,900
2017 $3,509 $148,200 $89,500 $58,700
2016 $3,410 $148,200 $89,500 $58,700
2015 $3,263 $148,200 $89,500 $58,700
2014 $3,131 $148,200 $89,500 $58,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170502993

SmartMLS

APN: STON-000100-000011-000016