NOT LISTED FOR SALE

53 Palmer Ave Jewett City, CT 06351

2 Beds
1 Bath
2,948 Sq Ft
3,920 Sq Ft Lot

Last Sold August 19, 2022

Last sale price $260,000 $88 Per Sq Ft

56 Days on Market

Highlights

  • Attic
  • Corner Lot
  • Baseboard Heating

About This Home

As of August 2022

Investors/ Owner occupants take notice! Great value-add multifamily in Jewett City. Property was completely gutted out; now being renovated; First floor has 2 units, one bed room each, but can potentially be used as two bedrooms each. Second level has a layout for 2 units - 2 bdrs each. One unit on the first floor is already done. This property awaits some final touches to be finished. Just need to put up some sheet rocks…Everything is already set up and ready to go. All plumbing, electrical systems etc. have been professionally done. New sidings; roof (2016), new water tank; new Andersen windows, insulations and more... Don’t miss out on this great opportunity to add another cash-flow-producing property to your portfolio. This can also be perfect for an owner occupant. Great Investment opportunity!
Near by Shopping centers, dinning; easy access to transportation and major high ways. 15 minutes away from Mohegan and Foxwoods.
Property being sold as is

Last Agent to Sell the Property

JEAN-PAUL JEAN-LOUIS

One 11 Realty License #REB.0791257 Listed on: 06/15/2022

Last Buyer's Agent

Lai Hing Metzger

Madison Realty New York License #RES.0790464

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,886

Year Built

  • Built in 1930

Lot Details

  • 3,920 Sq Ft Lot
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 2,948 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,886

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Neighborhood: Jewett City
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2948
  • Public Record Living Room Sq Ft: 2948
  • Total Sq Ft: 2948
  • Year Built: 1930
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 6204
  • Tax Year Updated Dt: 07/13/2022
  • Directions: gps
  • Special Features: None

Interior Features

  • Basement Description: Full
  • Attic: Yes
  • Street Number Modifier: 53

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.0900
  • Lot Description: Corner Lot
  • Zoning: BRC

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 5886
  • Total Assessed Value: 205590
  • Mil Rate Base: 25.070
  • Mil Rate Tax District: 3.560
  • Mil Rate Total: 28.630
  • Assessor Parcel Number: 1481602

Multi Family

  • Total Num Of Units: 4

MLS Schools

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

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

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $260,000 -5.5% $88 / Sq Ft
08/10/2022 08/10/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $275,000 -- $93 / 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 $6,258 $205,590 $27,370 $178,220
2023 $5,954 $205,590 $27,370 $178,220
2022 $5,886 $205,590 $27,370 $178,220
2021 $4,380 $135,030 $27,370 $107,660
2020 $4,457 $136,710 $27,370 $109,340
2019 $4,388 $136,710 $27,370 $109,340
2018 $4,243 $136,710 $27,370 $109,340
2017 $4,070 $131,530 $27,370 $104,160
2016 $4,222 $134,680 $30,030 $104,650
2015 $4,116 $134,680 $30,030 $104,650
2014 $4,038 $134,680 $30,030 $104,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170500593

SmartMLS