NOT LISTED FOR SALE

506 Cambridge Commons Unit 506 Middletown, CT 06457

Westfield Neighborhood

Estimated Value: $251,000 - $308,000

2 Beds
1.5 Baths
1,170 Sq Ft
$217/mo HOA Fee

Last Sold April 30, 2015

Last sale price $179,000 $153 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,049/month

19 Days on Market

Highlights

  • Open Floorplan
  • Rowhouse Architecture
  • Central Air
  • Deck
  • 1 Fireplace

About This Home

As of April 2015

Beautiful, updated unit with lots of architectural details. Remodeled kitchen, wood floors, lots of natural light, high ceilings, and an open floor plan make this home a pleasure to show and a turn-key purchase. Owner also recently replaced all windows and installed a new high-efficiency heating/cooling unit. Easy access to highways, high owner-occupant ratio, and modest HOA fees combine to make this unit an incredible value. Large basement for storage (or fit-out?), washer dryer in unit, and hiking/walking trails nearby. Pets allowed. Come see this picture-perfect unit for yourself!

Last Agent to Sell the Property

Jed Backus

Backus Real Estate License #REB.0756620 Listed on: 02/13/2015

Last Buyer's Agent

Lois Brookes

Executive Real Estate Inc. License #RES.0796522

Executive Real Estate Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,082

Year Built

  • Built in 1988

HOA Fees

  • $217 Monthly HOA Fees

Home Design

  • Rowhouse Architecture
  • Vinyl Siding

Interior Spaces

  • 1,170 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Parking Deck

Outdoor Features

  • Deck

Schools

  • Pboe Elementary And Middle School
  • Middletown High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hydro-Air Heating System
  • Cable TV Available

Community Details

Overview

  • Association fees include grounds maintenance, insurance, property management, snow removal, trash pickup
  • 52 Units
  • Cambridge Commons Community
  • Property managed by Dynamic Property

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,082

Year Built

Built in 1988

Lot Details

0

HOA Fees

$217 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Row House, Townhouse
  • Total Sq Ft: 1170
  • Year Built: 1988
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Rt 217 to W. Lake Dr to Cambridge Commons. After entering complex, make your first right and 506 is straight ahead all the way at the end. (Visitor parking before end on both right and left.)
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Interior Amenities: Cable - Available, Open Floor Plan
  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Street Number Modifier: 506

Exterior Features

  • Exterior Features: Deck, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Assigned Parking
  • Total Parking Spaces: 1

Utilities

  • Cooling System: Central Air
  • Heat Type: Hydro Air
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Insurance, Property Management, Snow Removal, Trash Pickup
  • Complex Name: Cambridge Commons
  • Levels In Unit: 3
  • HOA Fees: 217
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Dynamic Property
  • Property Mgt Phone: 860-321-7997

Schools

  • Elementary School: PBOE
  • Middle School: PBOE
  • High School: Middletown
  • Intermediate School: PBOE

Rental Info

  • Pets Allowed Info: 2 pets, no more than 60lb
  • Lease Purchase: No
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 4082
  • Total Assessed Value: 124840
  • Mil Rate Total: 32.700
  • Assessor Parcel Number: 1007645

Multi Family

  • Total Num Of Units: 52

MLS Schools

  • Elementary School: PBOE
  • Middle Jr High School: PBOE
  • High School: Middletown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2015
Closed on
May 4, 2015
Sold by
Montanez Dana
Bought by
Beaulieu Christopher S
Seller's Agent
Jed Backus
Backus Real Estate
Buyer's Agent
Lois Brookes
Executive Real Estate Inc.
List Price
$185,000
Sold Price
$179,000
Premium/Discount to List
-$6,000
-3.24%
Current Estimated Value
$279,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,108
Avg. Annual Appreciation
4.34%
Original Mortgage
$140,800
Outstanding Balance
$108,781
Interest Rate
3.76%
Estimated Equity
$170,327

Purchase Details

Closed on
Jun 15, 2007
Sold by
Stgermain Renee and Fallon Andrew W
Bought by
Montanez Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
6.19%

Purchase Details

Closed on
Jun 30, 2005
Sold by
Geneau Arlene M
Bought by
Stgermain Renee and Fallon Andrew W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,200
Interest Rate
5.73%

Purchase Details

Closed on
May 11, 2001
Sold by
Giorgio Peter A
Bought by
Geneau Arlene M
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
Beaulieu Christopher S $179,000 --
Montanez Dana $198,000 --
Stgermain Renee $189,900 --
Geneau Arlene M $124,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beaulieu Christopher S $140,800
Previous Owner Geneau Arlene M $158,400
Previous Owner Geneau Arlene M $29,700
Previous Owner Geneau Arlene M $184,200
Previous Owner Geneau Arlene M $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2015 04/30/15 Sold $179,000 -3.2% $153 / Sq Ft
03/04/2015 03/04/15 Pending -- -- --
02/13/2015 02/13/15 For Sale $185,000 -- $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 $4,150 $129,930 $0 $129,930
2023 $3,904 $129,930 $0 $129,930
2022 $3,972 $105,860 $0 $105,860
2021 $3,962 $105,860 $0 $105,860
2020 $3,968 $105,860 $0 $105,860
2019 $3,989 $105,860 $0 $105,860
2018 $3,847 $105,860 $0 $105,860
2017 $4,426 $124,840 $0 $124,840
2016 $4,340 $124,840 $0 $124,840
2015 $4,247 $124,840 $0 $124,840
2014 -- $124,840 $0 $124,840
Source: Public Records

Agents Affiliated with this Home

  • Jed Backus

    Seller's Agent in 2015

    Jed Backus

    Backus Real Estate

    (203) 980-8926

    2 in this area

    61 Total Sales

    Jed Backus
    Section Image
  • Lois Brookes

    Buyer's Agent in 2015

    Lois Brookes

    Executive Real Estate

    (860) 918-1299

    1 in this area

    21 Total Sales

    Lois Brookes
    Section Image
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Map

Source: SmartMLS

MLS Number: N10021831

SmartMLS

APN: MTWN-000005-000000-000024-R004504

Connecticut Middlesex County Middletown 06457 Westfield

506 Cambridge Commons Unit 506, Middletown, CT

This home is located at 506 Cambridge Commons Unit 506, Middletown, CT 06457 since 13 February 2015 and is currently estimated at $279,108, approximately $238 per square foot. This property was built in 1988. 506 Cambridge Commons Unit 506 is a home located in Middlesex County with nearby schools including The Lawrence School and Middletown High School.

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