$400,000
SOLD FEB 28, 2018
4 Beds
2 Baths
2,765 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$145 Per Sq Ft

44% Above List Price

13 Days on Market

Highlights

  • Water Views
  • Attic
  • 1 Car Detached Garage
  • Beach Access
  • No HOA
  • Wood Siding

About This Home

As of March 2019

CIRCA 1885 VICTORIAN STYLE 2 FAMILY AWAITS YOU. BEAUTIFUL WOODWORK THROUGHOUT BOTH UNITS AND WOOD FLOORING THROUGHOUT MOST ROOMS. THERE IS OFF STREET PARKING IN THE REAR OF THE PROPERTY FOR ADDED CONVENIENCE. THIS HOME HAS ENDLESS POSSIBILITIES AND IS WAITING TO BE RESTORED BACK TO ITS ORIGINAL CHARM AND BEAUTY. DON'T LET THIS ONE PASS YOU BY.

Last Agent to Sell the Property

Davis Owen

Davis Owen Real Estate License #REB.0792878 Listed on: 11/30/2017

Co-Listed By

Carrie Braley

Compass Connecticut, LLC License #RES.0784494

Last Buyer's Agent

Gloria Dillard

Keller Williams Realty License #RES.0802809

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,542

Year Built

  • Built in 1885

Parking

  • 1 Car Detached Garage

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,765 Sq Ft Home
  • Water Views
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Radiator
  • Heating System Uses Gas

Additional Features

  • Beach Access
  • 6,970 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,542

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2765
  • Public Record Living Room Sq Ft: 2765
  • Total Sq Ft: 2765
  • Year Built: 1885
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4972
  • Directions: COVE AVE ON THE CORNER OF FIFTH ST
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full
  • Attic: Yes
  • Street Number Modifier: 54

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1

Utilities

  • Heat Type: Gas on Gas, Radiator
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1600
  • Lot Description: Water View
  • Zoning: B

Multi Family

  • Unit Count: 2
  • Total Multi Family: 10
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 10542
  • Total Assessed Value: 410480
  • Mil Rate Base: 23.310
  • Mil Rate Tax District: 2.372
  • Mil Rate Total: 25.682
  • Assessor Parcel Number: 237497

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2018
Closed on
Mar 8, 2019
Sold by
Cube Property Solutions
Bought by
Amy Lightbhourn James and Amy Lightbhourn
Seller's Agent
Gloria Dillard
Keller Williams Realty
Buyer's Agent
Leslie McElwreath
Sotheby's International Realty
List Price
$985,000
Sold Price
$825,000
Premium/Discount to List
-$160,000
-16.24%
Current Estimated Value
$1,600,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$775,451
Avg. Annual Appreciation
10.13%
Original Mortgage
$660,000
Outstanding Balance
$582,594
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$965,393

Purchase Details

Listed on
Nov 30, 2017
Closed on
Mar 1, 2018
Sold by
Bank New York Mellon
Bought by
Cube Property Solution
Seller's Agent
Davis Owen
Davis Owen Real Estate
Buyer's Agent
Gloria Dillard
Keller Williams Realty
List Price
$277,200
Sold Price
$400,000
Premium/Discount to List
$122,800
44.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
103.34%
Original Mortgage
$570,000
Interest Rate
4.04%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 22, 2015
Sold by
Lindsey Stacy and Bank Of New York Mello
Bought by
Bank Of New York Mello

Purchase Details

Closed on
Dec 13, 2002
Sold by
Horlick Catherine
Bought by
Lindsey Stacy
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 $825,000 --
Warranty Deed $825,000 --
Not Resolvable $400,000 --
Foreclosure Deed -- --
Foreclosure Deed -- --
Warranty Deed $540,000 --
Warranty Deed $540,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $660,000 Purchase Money Mortgage
Closed $660,000 Purchase Money Mortgage
Previous Owner $570,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2019 03/08/19 Sold $825,000 -5.2% $213 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
01/23/2019 01/23/19 Price Changed $869,999 -0.6% $225 / Sq Ft
12/07/2018 12/07/18 Price Changed $875,000 -4.4% $226 / Sq Ft
11/02/2018 11/02/18 Price Changed $915,000 -2.6% $236 / Sq Ft
10/02/2018 10/02/18 Price Changed $939,500 -4.6% $243 / Sq Ft
08/29/2018 08/29/18 For Sale $985,000 +146.3% $254 / Sq Ft
02/28/2018 02/28/18 Sold $400,000 +44.3% $145 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
11/30/2017 11/30/17 For Sale $277,200 -- $100 / 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 $20,390 $853,120 $368,340 $484,780
2024 $20,087 $853,120 $368,340 $484,780
2023 $15,367 $612,560 $270,120 $342,440
2022 $15,035 $612,540 $270,100 $342,440
2021 $14,683 $612,560 $270,120 $342,440
2020 $14,674 $612,560 $270,120 $342,440
2019 $14,282 $612,560 $270,120 $342,440
2018 $10,921 $410,480 $290,090 $120,390
2017 $10,542 $410,480 $290,090 $120,390
2016 $10,443 $410,480 $290,090 $120,390
2015 $10,414 $410,480 $290,090 $120,390
2014 -- $410,480 $290,090 $120,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170035376

SmartMLS

APN: NORW-000003-000060-000002