NOT LISTED FOR SALE

495 Merrow Rd Tolland, CT 06084

Estimated Value: $393,000 - $480,057

5 Beds
4 Baths
1,743 Sq Ft
$249/Sq Ft Est. Value

Last Sold January 08, 2018

Last sale price $249,000 $143 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,860/month

528 Days on Market

Highlights

  • 5.8 Acre Lot
  • Deck
  • Corner Lot
  • Tolland High School Rated A-
  • Partially Wooded Lot
  • No HOA

About This Home

As of January 2018

Looking for a great investment property with excellent positive cash flow? Well here it is! Circa 1860 Multi-Family home set on a large 5.8 acre lot with 800 feet of road frontage on 2 roads (corner lot). Excellent rental income. Home is very versatile with 6 bedrooms and 4 baths. Home has newer insulation, newer plumbing, electrical, roof and exterior paint. Long term tenants in place. Convenient to I-84 and Uconn.

Last Agent to Sell the Property

Joe Sciarra

D.W. Fish Real Estate License #RES.0613880 Listed on: 05/20/2016

Last Buyer's Agent

Jackie Espinoza

Berkshire Hathaway NE Prop. License #RES.0803708

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,878

Year Built

  • Built in 1860

Lot Details

  • 5.8 Acre Lot
  • Stone Wall
  • Corner Lot
  • Partially Wooded Lot
  • Garden

Home Design

  • Clap Board Siding

Interior Spaces

  • 4 Full Bathrooms
  • 1,743 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Storm Windows

Parking

  • 8 Parking Spaces
  • Parking Deck
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Schools

  • Birch Grove Elementary School
  • Tolland High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,878

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Public Record Living Room Sq Ft: 1743
  • Total Sq Ft: 1743
  • Year Built: 1860
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3554
  • Directions: Located on corner of Route 195 (Merrow Rd) and Walbridge Hill Road.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Description: Partial
  • Attic: No
  • Stories Number Of: 2
  • Street Number Modifier: 495

Exterior Features

  • Exterior Features: Deck, Garden Area, Porch, Stone Wall
  • Exterior Siding: Clapboard
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Crushed Stone
  • Total Parking Spaces: 8

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Birch Grove
  • High School: Tolland

Green Features

  • Energy Features: Storm Windows

Lot Info

  • Acres: 5.8000
  • Lot Description: Corner Lot, Lightly Wooded
  • Flood Zone: No

Rental Info

  • Landlord Responsibility: Electricity, Heat, Hot Water, Insurance, Maintenance/Repairs, Real Estate Taxes, Snow Removal
  • Lease Purchase: No

Multi Family

  • Unit Count: 4
  • Total Multi Family: 8
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 4878
  • Total Assessed Value: 142700
  • Mil Rate Total: 34.190
  • Assessor Parcel Number: 1653754

MLS Schools

  • Elementary School: Birch Grove
  • High School: Tolland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2016
Closed on
Jan 8, 2018
Sold by
Chambers Harvey R and Chambers Cynthia
Bought by
Bonilla Joselito
Seller's Agent
Joe Sciarra
D.W. Fish Real Estate
Buyer's Agent
Jackie Espinoza
Berkshire Hathaway NE Prop.
List Price
$249,900
Sold Price
$249,000
Premium/Discount to List
-$900
-0.36%
Total Days on Market
528
Current Estimated Value
$433,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,264
Avg. Annual Appreciation
7.74%
Original Mortgage
$244,489
Outstanding Balance
$208,602
Interest Rate
3.92%
Mortgage Type
FHA
Estimated Equity
$224,662

Purchase Details

Closed on
Nov 5, 1984
Bought by
Chambers Harvey R and Chambers Cynthia
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
Bonilla Joselito $249,000 --
Bonilla Joselito $249,000 --
Chambers Harvey R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonilla Joselito $19,730
Open Chambers Harvey R $244,489
Closed Chambers Harvey R $244,489
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2018 01/08/18 Sold $249,000 -0.4% $143 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
08/28/2017 08/28/17 For Sale $249,900 +0.4% $143 / Sq Ft
06/23/2017 06/23/17 Off Market $249,000 -- --
05/20/2016 05/20/16 For Sale $274,900 -- $158 / 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 $6,716 $177,800 $73,900 $103,900
2023 $6,637 $177,800 $73,900 $103,900
2022 $6,504 $177,800 $73,900 $103,900
2021 $5,956 $160,500 $73,900 $86,600
2020 $5,620 $155,900 $73,900 $82,000
2019 $5,144 $142,700 $75,700 $67,000
2018 $4,995 $142,700 $75,700 $67,000
2017 $4,879 $142,700 $75,700 $67,000
2016 $4,879 $142,700 $75,700 $67,000
2015 $4,760 $142,700 $75,700 $67,000
2014 $4,822 $155,300 $83,600 $71,700
Source: Public Records

Agents Affiliated with this Home

  • Joe Sciarra

    Seller's Agent in 2018

    Joe Sciarra

    D.W. Fish Real Estate

    (860) 573-3733

    43 in this area

    138 Total Sales

    Joe Sciarra
    Section Image
  • Jackie Espinoza

    Buyer's Agent in 2018

    Jackie Espinoza

    Berkshire Hathaway Home Services

    (860) 997-8881

    11 Total Sales

    Jackie Espinoza
    Section Image
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Map

Source: SmartMLS

MLS Number: G10137011

SmartMLS

APN: TOLL-000029-L000000-000019

Connecticut Tolland County Tolland 06084

495 Merrow Rd, Tolland, CT

This home is located at 495 Merrow Rd, Tolland, CT 06084 since 20 May 2016 and is currently estimated at $433,264, approximately $248 per square foot. This property was built in 1860. 495 Merrow Rd is a home located in Tolland County with nearby schools including Birch Grove Primary School, Tolland Intermediate School, and Tolland Middle School.

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