NOT LISTED FOR SALE

508 Oak Ave Unit 6 Cheshire, CT 06410

Estimated Value: $172,000 - $196,000

2 Beds
1 Bath
900 Sq Ft
$386/mo HOA Fee

Last Sold May 04, 2015

Last sale price $68,724 $76 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $1,618/month

21 Days on Market

Highlights

  • Baseboard Heating
  • Darcey School Rated A-
  • Laundry Facilities

About This Home

As of May 2015

A great ranch style condo with hardwood floors, carpet and updated appliances. What a great investment for now or the future. Quiet serene setting tucked away in a great location. Why rent when you can own thsi affordable unit. HUD Owned. Equal Housing Opportunity. Owner occupants only till 3/31/2015. Bid opening date 3/25/2015. Sold "as-is." Insured Escrow of $450, see attached repair items.

Last Agent to Sell the Property

Michael DelGreco

New England Realty Assoc LLC License #REB.0788850 Listed on: 03/16/2015

Last Buyer's Agent

Roderick Rauch

Marty Rauch Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,591

Year Built

  • Built in 1966

HOA Fees

  • $386 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Masonry Siding

Interior Spaces

  • 900 Sq Ft Home
  • Shared Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Pboe Elementary School
  • Pboe High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Cable TV Available

Community Details

Overview

  • Association fees include heat, water
  • Property managed by Scalzo property mana

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,591

Year Built

Built in 1966

Lot Details

0

HOA Fees

$386 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Total Sq Ft: 900
  • Year Built: 1966
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Oak
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Shared Basement
  • Interior Amenities: Cable - Available
  • Laundry Room Info: Common Laundry Area
  • Attic: No
  • Street Number Modifier: 508

Exterior Features

  • Exterior Siding: Brick
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Open
  • Total Parking Spaces: 2

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Heat, Water
  • Levels In Unit: 1
  • HOA Fees: 386
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Scalzo property mana
  • Property Mgt Phone: 2037906888

Schools

  • Elementary School: PBOE
  • High School: PBOE

Rental Info

  • Lease Purchase: No
  • Pets Allowed: No

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 1591
  • Total Assessed Value: 52590
  • Mil Rate Total: 30.250
  • Assessor Parcel Number: 1084564

Multi Family

  • Total Num Of Units: 1

MLS Schools

  • Elementary School: PBOE
  • High School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2015
Closed on
Jul 1, 2015
Sold by
Bossy Philip
Bought by
508 Oak Ave Unit 6 Llc
Seller's Agent
Michael DelGreco
New England Realty Assoc LLC
Buyer's Agent
Roderick Rauch
Marty Rauch Real Estate
List Price
$76,000
Sold Price
$68,724
Premium/Discount to List
-$7,276
-9.57%
Current Estimated Value
$186,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,764
Avg. Annual Appreciation
9.56%

Purchase Details

Listed on
Mar 16, 2015
Closed on
May 7, 2015
Sold by
Department Of Housing & Urban Dev
Bought by
Bossy Philip
Seller's Agent
Michael DelGreco
New England Realty Assoc LLC
Buyer's Agent
Roderick Rauch
Marty Rauch Real Estate
List Price
$76,000
Sold Price
$68,724
Premium/Discount to List
-$7,276
-9.57%

Purchase Details

Listed on
Mar 16, 2015
Closed on
Mar 20, 2015
Sold by
Wells Fargo Bank Na
Bought by
Department Of Housing & Urban Dev
Seller's Agent
Michael DelGreco
New England Realty Assoc LLC
Buyer's Agent
Roderick Rauch
Marty Rauch Real Estate
List Price
$76,000
Sold Price
$68,724
Premium/Discount to List
-$7,276
-9.57%

Purchase Details

Closed on
Mar 6, 2014
Sold by
Bradley Siobhan and Wells Fargo Bank Na
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 29, 2008
Sold by
Welles Jason
Bought by
Bradley Siobhan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,982
Interest Rate
6.57%

Purchase Details

Closed on
Nov 22, 2006
Sold by
Thompson George and Thompson Lynda B
Bought by
Wells Jason

Purchase Details

Closed on
Apr 10, 2001
Sold by
Birchwood Cheshire Lp
Bought by
Bergen Emil and Bergen Victoria
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
508 Oak Ave Unit 6 Llc -- --
508 Oak Ave Unit 6 Llc -- --
Bossy Philip $68,724 --
Bossy Philip $68,724 --
Department Of Housing & Urban Dev -- --
Department Of Housing & Urban Dev -- --
Wells Fargo Bank Na -- --
Wells Fargo Bank Na -- --
Bradley Siobhan $125,000 --
Bradley Siobhan $125,000 --
Wells Jason $128,000 --
Wells Jason $128,000 --
Bergen Emil $75,000 --
Bergen Emil $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bergen Emil $123,982
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2015 05/04/15 Sold $68,724 -9.6% $76 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
03/16/2015 03/16/15 For Sale $76,000 -- $84 / 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 $2,683 $90,230 $0 $90,230
2024 $2,478 $90,230 $0 $90,230
2023 $1,963 $55,930 $0 $55,930
2022 $1,920 $55,930 $0 $55,930
2021 $1,886 $55,930 $0 $55,930
2020 $1,858 $55,930 $0 $55,930
2019 $1,858 $55,930 $0 $55,930
2018 $1,715 $52,590 $0 $52,590
2017 $1,680 $52,590 $0 $52,590
2016 $1,614 $52,590 $0 $52,590
2015 $1,614 $52,590 $0 $52,590
2014 -- $52,590 $0 $52,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10028085

SmartMLS

APN: CHES-000063-000029-000006