Seller's Agent in 2021
Michelle Manter
Berkshire Hathaway Home Services
(860) 430-4448
1 in this area
68 Total Sales
503 Main St Cromwell, CT 06416
3
Beds
2
Baths
1,904
Sq Ft
10,019
Sq Ft Lot
Highlights
- Property is near public transit
- No HOA
- Public Transportation
- Attic
- Enclosed patio or porch
- Shed
About This Home
As of November 2021Great investment opportunity! This 1930s colonial is actually a 2 family home with units on separate floors. Its prime location on Main Street is close to restaurants, general store, post office, bank, and both the high school and elementary school. The 1st floor, 1 bedroom apartment offers spacious living and an enclosed 3-season sunporch for additional peaceful space. The second floor offers a 2 bedroom apartment with hardwood floors, wide moldings, lots of closets and a full walk-up attic for either more living space or abundant storage. There is a large driveway for 4 cars and an ample yard. Both units have a solid 20 year history of easy rentals and the 2nd floor is currently clean, empty and awaiting a new tenant or new owner who wants the bulk of their mortgage paid by the 1st floor!
Last Agent to Sell the Property
Executive Real Estate Inc. License #REB.0788717 Listed on: 09/16/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,417
Year Built
- Built in 1930
Lot Details
- 10,019 Sq Ft Lot
- Level Lot
Home Design
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Aluminum Siding
Interior Spaces
- 1,904 Sq Ft Home
- Basement Fills Entire Space Under The House
- Walkup Attic
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- Private Driveway
- Paved Parking
Outdoor Features
- Enclosed patio or porch
- Shed
Location
- Property is near public transit
- Property is near a bus stop
Schools
- Edna C. Stevens Elementary School
- Cromwell High School
Utilities
- Radiator
- Hot Water Heating System
- Heating System Uses Oil
- Hot Water Circulator
- Electric Water Heater
- Fuel Tank Located in Basement
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Public Transportation
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 16, 2019
Closed on
Nov 26, 2019
Sold by
Novak Sage G
Bought by
Rodriguez Paul and Rodriguez Bunny C
Seller's Agent
Amy Rio
Executive Real Estate Inc.
Buyer's Agent
Michelle Manter
Berkshire Hathaway NE Prop.
List Price
$239,000
Sold Price
$239,000
Total Days on Market
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,339
Avg. Annual Appreciation
8.75%
Original Mortgage
$234,671
Outstanding Balance
$209,108
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$170,628
Purchase Details
Closed on
May 30, 2000
Sold by
Valente Joselyn R
Bought by
Novak Robert A and Vandyke Sage G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,900
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $239,000 | -- | |
| Warranty Deed | $239,000 | -- | |
| Warranty Deed | $159,900 | -- | |
| Warranty Deed | $159,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $234,671 | FHA | |
| Closed | $234,671 | FHA | |
| Previous Owner | $151,900 | Purchase Money Mortgage | |
| Previous Owner | $80,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/23/2021 11/23/21 | Sold | $270,000 | 0.0% | $142 / Sq Ft |
| 08/20/2021 08/20/21 | Pending | -- | -- | -- |
| 08/09/2021 08/09/21 | Price Changed | $270,000 | -5.3% | $142 / Sq Ft |
| 06/26/2021 06/26/21 | For Sale | $285,000 | +19.2% | $150 / Sq Ft |
| 11/26/2019 11/26/19 | Sold | $239,000 | 0.0% | $126 / Sq Ft |
| 10/04/2019 10/04/19 | For Sale | $239,000 | 0.0% | $126 / Sq Ft |
| 09/26/2019 09/26/19 | Pending | -- | -- | -- |
| 09/16/2019 09/16/19 | For Sale | $239,000 | -- | $126 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $5,616 | $186,760 | $59,920 | $126,840 |
| 2023 | $5,493 | $186,760 | $59,920 | $126,840 |
| 2022 | $4,834 | $145,040 | $57,400 | $87,640 |
| 2021 | $4,484 | $134,540 | $57,400 | $77,140 |
| 2020 | $4,417 | $134,540 | $57,400 | $77,140 |
| 2019 | $4,417 | $134,540 | $57,400 | $77,140 |
| 2018 | $4,417 | $134,540 | $57,400 | $77,140 |
| 2017 | $4,396 | $129,570 | $49,440 | $80,130 |
| 2016 | $4,357 | $129,570 | $49,440 | $80,130 |
| 2015 | $4,066 | $129,570 | $49,440 | $80,130 |
| 2014 | $4,312 | $129,570 | $49,440 | $80,130 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Manter
-
Alex LaRosa
Buyer's Agent in 2021
Alex LaRosa
Calcagni Real Estate
(203) 592-8433
3 in this area
76 Total Sales
-
Amy Rio
Seller's Agent in 2019
Amy Rio
Executive Real Estate
(860) 916-6048
27 in this area
1,274 Total Sales
Map
Source: SmartMLS
MLS Number: 170235716
APN: CROM-000045-000025-000131-000002
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