NOT LISTED FOR SALE

521 Moose Hill Rd Monroe, CT 06468

Estimated Value: $735,515 - $907,000

8 Beds
3 Baths
3,814 Sq Ft
$212/Sq Ft Est. Value

Last Sold June 04, 2020

Last sale price $470,000 $123 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,020/month

230 Days on Market

Highlights

  • No HOA
  • Porch
  • Zoned Heating
  • Monroe Elementary School Rated A
  • Shed
  • Property is near a golf course

About This Home

As of June 2020

RARE OPPORTUNITY! A THREE-FAMILY HOME in beautiful Monroe. 1st floor has a lease ending June 27, 2020. Long-term tenants in 2nd & 3rd floor apartments, no leases. Separate oil burners, separate oil tanks! Separate electric meters for each apartment with a separate 4th electric meter for common elements. Full basement, huge parking area, and relatively easy maintenance. On exceptionally flat property in a gorgeous section of Monroe very close to the Town Green. Well suited for an owner to occupy and have tenants pay down the mortgage. Owners and tenants can enjoy the amenities of Monroe - good schools, natural scenic beauty, fabulous Wolfe Park, hiking and biking trails, access to the Housatonic River and a good location for commuters via the Merritt Parkway, Routes 25, 34, 111, 59 and I-95. Please see Additional Public Remarks. Truly a ONE-OF-A-KIND OFFERING. Showings of apartments only on certain days.

Last Agent to Sell the Property

Cathy Masi

Flagpole Realty Inc License #REB.0438085 Listed on: 08/08/2019

Last Buyer's Agent

Marissa Papa

Preston Gray Real Estate License #REB.0792268

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,920

Year Built

  • Built in 1900

Lot Details

  • 1.18 Acre Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Fiberglass Roof
  • Aluminum Siding

Interior Spaces

  • 3,814 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • Gravel Driveway
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Shed
  • Porch

Location

  • Property is near a golf course

Schools

  • Monroe Elementary School
  • Jockey Hollow Middle School
  • Masuk High School

Utilities

  • Zoned Heating
  • Heating System Uses Oil
  • Private Company Owned Well
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $56,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,920

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3814
  • Public Record Living Room Sq Ft: 3814
  • Total Sq Ft: 3814
  • Year Built: 1900
  • Nearby Amenities: Golf Course, Library, Park, Public Rec Facilities
  • Remarks Public Addendum: Beginning of driveway is an easement over the neighbor's property. Previous buyer had to back out due to problems associated with his 1031 exchange and had nothing to do with 521 Moose Hill.
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 6523
  • Tax Year Updated Dt: 08/09/2019
  • Directions: Route 110 to Moose Hill Road. Please, do not disturb tenants unless you have a confirmed appointment.
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full With Hatchway, Unfinished
  • Laundry Room Info: All Units Have Hook-Ups, Hook-Up In Unit 3, Washer/Dryer Some Units
  • Attic: No
  • Street Number Modifier: 521

Exterior Features

  • Exterior Features: Porch, Shed, Sidewalk
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle, Fiberglass Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unpaved, Off Street Parking
  • Driveway Type: Private, Gravel

Utilities

  • Heat Type: Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Monroe
  • Middle School: Jockey Hollow
  • High School: Masuk

Lot Info

  • Acres: 1.1800
  • Lot Description: Level Lot
  • Zoning: RF1

Multi Family

  • Gross Annual Income: 56700
  • Net Operating Income: 45700
  • Unit Count: 3
  • Total Multi Family: 15
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 9920
  • Total Assessed Value: 278800
  • Mil Rate Base: 35.580
  • Mil Rate Total: 35.580
  • Assessor Parcel Number: 174711

MLS Schools

  • Elementary School: Monroe
  • Middle Jr High School: Jockey Hollow
  • High School: Masuk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2019
Closed on
May 29, 2020
Sold by
Marlene Smith Llc
Bought by
Jiang Ying
Seller's Agent
Cathy Masi
Flagpole Realty Inc
Buyer's Agent
Marissa Papa
Preston Gray Real Estate
List Price
$499,000
Sold Price
$470,000
Premium/Discount to List
-$29,000
-5.81%
Total Days on Market
230
Current Estimated Value
$763,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,384
Avg. Annual Appreciation
10.19%
Original Mortgage
$282,000
Outstanding Balance
$252,608
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$510,776

Purchase Details

Closed on
Jan 28, 2011
Sold by
521 Moose Hill Llc
Bought by
Smith Marlene L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.83%

Purchase Details

Closed on
Oct 7, 2008
Sold by
Kurins Andris and Kurins Sharon S
Bought by
Small Christine

Purchase Details

Closed on
Jan 10, 2007
Sold by
Samson Garrett J and Samson Jacqueline S
Bought by
Natera Virginia M

Purchase Details

Closed on
Nov 2, 1998
Sold by
Kaladish Arthur L
Bought by
Samson Garrett J and Samson Jacqueline
Source: Public Records

Range of Values:

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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
Jiang Ying $470,000 None Available
Jiang Ying $470,000 None Available
Smith Marlene L $455,000 --
521 Moose Hill Llc -- --
521 Moose Hill Llc -- --
Small Christine $462,500 --
Small Christine $462,500 --
Natera Virginia M $510,000 --
Natera Virginia M $510,000 --
Samson Garrett J $260,000 --
Samson Garrett J $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Ying $282,000
Closed Jiang Ying $282,000
Previous Owner Samson Garrett J $270,000
Previous Owner Samson Garrett J $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2020 06/04/20 Sold $470,000 -3.9% $123 / Sq Ft
03/25/2020 03/25/20 Pending -- -- --
12/02/2019 12/02/19 Price Changed $489,000 -1.2% $128 / Sq Ft
11/13/2019 11/13/19 Price Changed $495,000 -0.8% $130 / Sq Ft
08/08/2019 08/08/19 For Sale $499,000 0.0% $131 / Sq Ft
06/28/2019 06/28/19 Rented $1,900 -3.6% --
06/25/2019 06/25/19 Under Contract -- -- --
05/28/2019 05/28/19 Price Changed $1,970 -6.2% $1 / Sq Ft
04/15/2019 04/15/19 For Rent $2,100 -- --
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 $11,626 $303,800 $92,000 $211,800
2023 $11,408 $303,800 $92,000 $211,800
2022 $11,198 $303,800 $92,000 $211,800
2021 $11,046 $303,800 $92,000 $211,800
2020 $10,779 $303,800 $92,000 $211,800
2019 $9,920 $278,800 $92,000 $186,800
2018 $9,825 $278,800 $92,000 $186,800
2017 $9,970 $278,800 $92,000 $186,800
2016 $9,758 $278,800 $92,000 $186,800
2015 $9,577 $278,800 $92,000 $186,800
2014 $9,940 $320,530 $116,480 $204,050
Source: Public Records

Agents Affiliated with this Home

  • Cathy Masi

    Seller's Agent in 2020

    Cathy Masi

    Flagpole Realty Inc

    (203) 788-3213

    1 in this area

    28 Total Sales

    Cathy Masi
    Section Image
  • Marissa Papa

    Buyer's Agent in 2020

    Marissa Papa

    Preston Gray Real Estate

    (203) 331-7043

    25 in this area

    413 Total Sales

    Marissa Papa
    Section Image
  • Lee Boyle

    Buyer's Agent in 2019

    Lee Boyle

    Coldwell Banker Realty

    (203) 241-0769

    1 in this area

    39 Total Sales

    Lee Boyle
    Section Image
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Map

Source: SmartMLS

MLS Number: 170224831

SmartMLS

APN: MONR-000051-000054

Connecticut Fairfield County Monroe 06468

521 Moose Hill Rd, Monroe, CT

This home is located at 521 Moose Hill Rd, Monroe, CT 06468 since 08 August 2019 and is currently estimated at $807,379, approximately $211 per square foot. This property was built in 1900. 521 Moose Hill Rd is a home located in Fairfield County with nearby schools including Monroe Elementary School, Jockey Hollow Middle School, and Masuk High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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