NOT LISTED FOR SALE

519 Echo Lake Rd Watertown, CT 06795

Estimated Value: $350,987 - $466,000

4 Beds
2 Baths
1,856 Sq Ft
$219/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $249,900 $135 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,655/month

392 Days on Market

Highlights

  • 2 Car Detached Garage
  • Ceiling Fan
  • Level Lot
  • Covered Deck
  • Stone Wall

About This Home

As of December 2020

Owner/Broker Related. This well maintained property has 2 units in front house. The house has been taken down to the studs it is well insulated and Sheet rocked. Also upgraded are the plumbing and electric. 2-100 amp services. All separate utilities. The furnaces are 1yr and 3yrs old. Water heaters 1 is 6 mo. the other Is older. First floor pays $1100/mo as of October 1, 2020. The Second floor pays $1000/mo. The back garage for storage is rented at $800/mo.(Could easily be $1200) for a Total of $2900/mo+ or (3300). House is on Well and Septic but City Water and City sewer are at the street. Underground pipe for utilities already in place. Great tenants to keep or live in one unit. Great curb appeal and income. The 2 car garage has 2 office spaces or work shop as well. Great for Contractors or a home based business. Tenants are on a month to month but would like to stay if purchased by investors. Each unit has its own washer dryer hookups. So much potential.

Last Agent to Sell the Property

Debora Root

Debora Root, Broker License #REB.0756656 Listed on: 10/15/2019

Last Buyer's Agent

Barbara Suppe

Berkshire Hathaway NE Prop. License #RES.0666006

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,942

Year Built

  • Built in 1920

Lot Details

  • 0.75 Acre Lot
  • Stone Wall
  • Level Lot

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,856 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Storage

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Covered Deck
  • Rain Gutters

Schools

  • Watertown High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Underground Utilities
  • Private Company Owned Well
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • 2 Units
  • Gross Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,942

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1856
  • Public Record Living Room Sq Ft: 1856
  • Total Sq Ft: 1856
  • Year Built: 1920
  • Nearby Amenities: Lake, Library, Medical Facilities, Private School(s)
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Tax Year Updated Dt: 07/13/2020
  • Directions: Echo Lake Rd
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full With Walk-Out, Storage, Sump Pump
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No

Exterior Features

  • Exterior Features: Covered Deck, Gutters, Sidewalk, Stone Wall, Underground Utilities
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Off Street Parking
  • Garages Number: 2
  • Driveway Type: Gravel

Utilities

  • Cooling System: Ceiling Fans, Window Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 30 Gallon Tank, Electric
  • Water Source: Public Water In Street, Private Well
  • Sewer: Public Sewer In Street, Septic
  • Estimated Annual Heat Cost: 1350

Green Features

  • Energy Features: Extra Insulation

Lot Info

  • Acres: 0.7500
  • Lot Description: Level Lot, Rolling
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R30

Multi Family

  • Gross Annual Income: 32400
  • Unit Count: 3
  • Total Multi Family: 10
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4942
  • Mil Rate Base: 33.190
  • Assessor Parcel Number: 910578

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Watertown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2019
Closed on
Dec 10, 2020
Sold by
Dionne Galen D and Dionne Galen H
Bought by
Scott Samuel
Seller's Agent
Debora Root
Debora Root, Broker
Buyer's Agent
Barbara Suppe
Berkshire Hathaway NE Prop.
List Price
$249,900
Sold Price
$249,900
Current Estimated Value
$407,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,347
Avg. Annual Appreciation
10.53%
Original Mortgage
$245,373
Outstanding Balance
$218,845
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$188,402

Purchase Details

Closed on
Dec 16, 1986
Bought by
Dionne Galen H
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
Scott Samuel $249,900 None Available
Dionne Galen H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Samuel $245,373
Previous Owner Dionne Galen H $176,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2020 12/11/20 Sold $249,900 0.0% $135 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
11/01/2020 11/01/20 For Sale $249,900 0.0% $135 / Sq Ft
10/31/2020 10/31/20 Off Market $249,900 -- --
07/11/2020 07/11/20 Price Changed $249,900 -3.8% $135 / Sq Ft
03/03/2020 03/03/20 For Sale $259,900 +4.0% $140 / Sq Ft
01/02/2020 01/02/20 Off Market $249,900 -- --
10/15/2019 10/15/19 For Sale $259,900 0.0% $140 / Sq Ft
09/15/2017 09/15/17 Rented $1,000 0.0% --
07/25/2017 07/25/17 Under Contract -- -- --
05/25/2017 05/25/17 For Rent $1,000 -- --
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 $6,281 $209,090 $49,840 $159,250
2024 $5,932 $209,090 $49,840 $159,250
2023 $5,488 $148,900 $50,400 $98,500
2022 $5,203 $148,900 $50,400 $98,500
2021 $5,146 $148,900 $50,400 $98,500
2020 $4,942 $148,900 $50,400 $98,500
2019 $4,942 $148,900 $50,400 $98,500
2018 $5,002 $148,900 $54,600 $94,300
2017 $4,747 $148,900 $54,600 $94,300
2016 $4,600 $148,900 $54,600 $94,300
2015 $4,482 $148,900 $54,600 $94,300
2014 $4,336 $148,900 $54,600 $94,300
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Debora Root

    Debora Root, Broker

    (860) 309-1953

    1 in this area

    16 Total Sales

    Debora Root
    Section Image

  • B

    Buyer's Agent in 2020

    Barbara Suppe

    Berkshire Hathaway Home Services

    Section Image

  • E

    Seller's Agent in 2017

    Emma Liuiza

    Turning Point Realty, LLC

    Section Image
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Map

Source: SmartMLS

MLS Number: 170244827

SmartMLS

APN: WATE-000102-000042A-000082A

Connecticut Litchfield County Watertown 06795

519 Echo Lake Rd, Watertown, CT

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