$275,000
SOLD AUG 16, 2019

507 Main St Cromwell, CT 06416

4 Beds
2 Baths
2,492 Sq Ft
0.59 Acres

Recently Sold

$110 Per Sq Ft

8% Below List Price

10 Days on Market

Highlights

  • No HOA
  • 6 Car Detached Garage
  • Storm Doors
  • Cromwell High School Rated 9+
  • Central Air
  • Level Lot

About This Home

As of December 2023

Beautiful 2 Family located in the heart of Cromwell. Each unit offers 2 beds, 1 bath, central air, updated kitchen and bathrooms. The back yard is private with a 6 car detached garage. This one is a real must see!

Last Agent to Sell the Property

Domenico Giancola

ERA Hart Sargis-Breen License #RES.0771934 Listed on: 07/16/2019

Last Buyer's Agent

Sharon Carducci

William Raveis Real Estate License #RES.0768785

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,424

Year Built

  • Built in 1930

Lot Details

  • 0.59 Acre Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 2,492 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Storm Doors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 6 Car Detached Garage
  • Driveway

Schools

  • Edna C. Stevens Elementary School
  • Cromwell Middle School
  • Woodside Middle School
  • Cromwell High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,424

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2492
  • Public Record Living Room Sq Ft: 2492
  • Total Sq Ft: 2492
  • Year Built: 1930
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 5886
  • Tax Year Updated Dt: 07/29/2019
  • Directions: Route 9 to Main Street.
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full
  • Attic: No
  • Street Number Modifier: 507

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Fiberglass Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 6
  • Driveway Type: Asphalt

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Edna C. Stevens
  • Middle School: Cromwell
  • High School: Cromwell
  • Intermediate School: Woodside

Green Features

  • Energy Features: Storm Doors

Lot Info

  • Acres: 0.5900
  • Lot Description: Level Lot
  • Zoning: R-25

Multi Family

  • Unit Count: 2
  • Total Multi Family: 8
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 5424
  • Total Assessed Value: 165200
  • Mil Rate Base: 32.830
  • Mil Rate Total: 32.830
  • Assessor Parcel Number: 952860

MLS Schools

  • Elementary School: Edna C. Stevens
  • Middle Jr High School: Cromwell
  • High School: Cromwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2023
Closed on
Dec 29, 2023
Sold by
Carducci Sharon and Carducci Michael C
Bought by
Sobota Stephen
Seller's Agent
Sharon Carducci
William Raveis Real Estate
Buyer's Agent
John Lepore
Berkshire Hathaway NE Prop.
List Price
$475,000
Sold Price
$475,000
Views
59
Current Estimated Value
$506,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,950
Avg. Annual Appreciation
2.21%
Original Mortgage
$451,250
Outstanding Balance
$444,817
Interest Rate
7.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$48,709

Purchase Details

Closed on
May 29, 2020
Sold by
Carducci Sharon
Bought by
Carducci Michael and Carducci Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
3.2%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jul 16, 2019
Closed on
Aug 16, 2019
Sold by
Julius Jane E
Bought by
Nugget Family Llc
Seller's Agent
Domenico Giancola
ERA Hart Sargis-Breen
Buyer's Agent
Sharon Carducci
William Raveis Real Estate
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.03%

Purchase Details

Closed on
Jun 5, 2000
Sold by
Cassella Kathy L
Bought by
Julius Jane E
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $475,000 None Available
Warranty Deed $475,000 None Available
Warranty Deed $475,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $275,000 --
Warranty Deed $275,000 --
Warranty Deed $169,000 --
Warranty Deed $169,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $451,250 Purchase Money Mortgage
Closed $451,250 Purchase Money Mortgage
Previous Owner $222,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $188,550 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $475,000 0.0% $191 / Sq Ft
11/29/2023 11/29/23 For Sale $475,000 +72.7% $191 / Sq Ft
08/16/2019 08/16/19 Sold $275,000 -8.3% $110 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
07/16/2019 07/16/19 For Sale $299,900 -- $120 / 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 $6,964 $226,170 $64,400 $161,770
2024 $6,557 $218,050 $64,400 $153,650
2023 $6,413 $218,050 $64,400 $153,650
2022 $5,506 $165,200 $61,670 $103,530
2021 $5,506 $165,200 $61,670 $103,530
2020 $5,424 $165,200 $61,670 $103,530
2019 $5,424 $165,200 $61,670 $103,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170216421

SmartMLS

APN: CROM M:00080800