NOT LISTED FOR SALE

50 Ring Dr Groton, CT 06340

Estimated Value: $383,000 - $435,000

4 Beds
2 Baths
1,904 Sq Ft
$215/Sq Ft Est. Value

Last Sold February 29, 2016

Last sale price $202,000 $106 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,637/month

12 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Shed
  • No HOA
  • Patio
  • Baseboard Heating

About This Home

As of February 2016

Great Space & Good Rental Income for this 2 family. Large yard, private entrance front and back, separate utilities, full basement, gleaming hardwood floors, open kitchens with dining area, 2nd floor two nice sized bedrooms, master with walk-in closet. Close to park and recreation fields, easy on for major routes and local bus stops.

Last Agent to Sell the Property

Dawn Thompson

William Raveis Real Estate License #REB.0789732 Listed on: 01/06/2016

Last Buyer's Agent

Dawn Thompson

William Raveis Real Estate License #REB.0789732 Listed on: 01/06/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,786

Year Built

  • Built in 1966

Lot Details

  • 0.39 Acre Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,904 Sq Ft Home
  • 2-Story Property
  • Concrete Flooring

Parking

  • 4 Parking Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Shed
  • Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Schools

  • Pboe Elementary School
  • Pboe High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Oil Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,786

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Neighborhood: Groton City
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units are Side-by-Side
  • Total Sq Ft: 1904
  • Year Built: 1966
  • Nearby Amenities: Commuter Bus, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Route 1 to Fort Hill left just after gas station.
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Basement Description: Concrete Floor
  • Interior Amenities: Cable - Available
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Stories Number Of: 2

Exterior Features

  • Exterior Features: Patio, Porch, Shed, Storage Building
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Off Street Parking, Paved
  • Driveway Type: Asphalt
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.3850
  • Lot Description: Level Lot

Rental Info

  • Lease Purchase: No

Multi Family

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

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 2786
  • Assessor Parcel Number: 1955117

MLS Schools

  • Elementary School: PBOE
  • High School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2016
Closed on
Mar 1, 2016
Sold by
Adiletti Carolyn
Bought by
Lockett Bryan J
Seller's Agent
Dawn Thompson
William Raveis Real Estate
Buyer's Agent
Dawn Thompson
William Raveis Real Estate
List Price
$215,000
Sold Price
$202,000
Premium/Discount to List
-$13,000
-6.05%
Current Estimated Value
$409,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,037
Avg. Annual Appreciation
7.44%
Original Mortgage
$151,500
Outstanding Balance
$120,976
Interest Rate
3.92%
Estimated Equity
$288,061

Purchase Details

Closed on
Jun 29, 1999
Sold by
Ferguson William J and Ferguson Diane E
Bought by
Adiletti Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
7.5%

Purchase Details

Closed on
Aug 31, 1989
Sold by
Cortese John
Bought by
Stevens Chris
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lockett Bryan J $202,000 --
Adiletti Carolyn $132,500 --
Stevens Chris $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lockett Bryan J $151,500
Previous Owner Stevens Chris $231,000
Previous Owner Stevens Chris $214,000
Previous Owner Stevens Chris $134,300
Previous Owner Stevens Chris $132,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2016 02/29/16 Sold $202,000 -6.0% $106 / Sq Ft
01/18/2016 01/18/16 Pending -- -- --
01/06/2016 01/06/16 For Sale $215,000 -- $113 / 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
2025 $5,926 $200,830 $82,250 $118,580
2024 $5,579 $200,830 $82,250 $118,580
2023 $5,469 $200,830 $31,430 $169,400
2022 $5,342 $200,830 $31,430 $169,400
2021 $4,439 $136,710 $31,430 $105,280
2020 $4,323 $136,710 $31,430 $105,280
2019 $4,163 $136,710 $31,430 $105,280
2018 $4,120 $136,710 $31,430 $105,280
2017 $4,014 $136,710 $31,430 $105,280
2016 $3,886 $138,390 $49,070 $89,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: E10101887

SmartMLS

APN: GROT-002608-000508-001599