NOT LISTED FOR SALE

Estimated Value: $562,000

7 Beds
4 Baths
5,145 Sq Ft
$109/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $424,350 $82 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,623/month

5 Days on Market

Highlights

  • Water Views
  • 1.12 Acre Lot
  • Wood Burning Stove
  • Home fronts a pond
  • Covered Deck
  • Wetlands on Lot

About This Home

As of January 2022

Amazing, one-of-a-kind two-family home that features privacy, upgrades, and over 2,500 square feet per floor! With income potential and a full-sized leased solar electric system, this home offers excellent value.
The unit on the first floor has 10 rooms, including a spacious open dining and living room for hosting and entertaining, Primary bedroom with bath that includes a jetted tub. It also features handicap accessibility, an oversized back deck, a two-car garage with workspace and lofted storage, a full-size pantry, and a bright sunroom with views of Wheeler Pond. Start up the pellet stove and watch the seasons change! The second floor boasts 7 rooms, 4 of which are used as bedrooms. It features 2 full baths, an oversized tub, and a bonus room with plenty of options. Large bedrooms feature numerous closets and plenty of space for storage. Private parking and access bring you to a secluded upper deck. With over an acre of land, level yard& parking areas are ready for your camper and/or boat. The home is convenient to I-395, with quick access to the casinos, Norwich, New London, Niantic, and Groton.

Last Agent to Sell the Property

Melissa DiPiazza

RE/MAX One License #RES.0816056 Listed on: 10/06/2021

RE/MAX One

Last Buyer's Agent

Marty Rauch

Marty Rauch Real Estate License #REB.0788774

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,388

Year Built

  • Built in 1880

Lot Details

  • 1.12 Acre Lot
  • Home fronts a pond
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Masonry Siding
  • Vinyl Siding

Interior Spaces

  • 5,145 Sq Ft Home
  • 1 Fireplace
  • Wood Burning Stove
  • Awning
  • Concrete Flooring
  • Water Views
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Shared Driveway

Accessible Home Design

  • Accessible Ramps

Outdoor Features

  • Wetlands on Lot
  • Covered Deck
  • Exterior Lighting
  • Rain Gutters
  • Porch

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Private Company Owned Well
  • Hot Water Circulator
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $22,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,388

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 5145
  • Public Record Living Room Sq Ft: 5145
  • Total Sq Ft: 5145
  • Year Built: 1880
  • Property Sub Type: 2 Family
  • Handicap Features: Ramps
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Use GPS
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Partial With Walk-Out, Crawl Space, Unfinished, Concrete Floor
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes
  • Street Number Modifier: 542

Exterior Features

  • Exterior Features: Awnings, Covered Deck, Deck, Gutters, Lighting, Porch, Sidewalk
  • Exterior Siding: Vinyl Siding, Brick
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Pond
  • Swimming Pool: No
  • Construction Description: Frame, Brick

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Shared, Asphalt, Cement, Crushed Stone

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Hot Water, Wood/Coal Stove
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 50 Gallon Tank, Oil
  • Water Source: Private Well
  • Sewer: Public Sewer Connected
  • Estimated Annual Heat Cost: 4000
  • Sewer Usage Fee Annual: 640

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 1.1200
  • Lot Description: Some Wetlands, Water View, Level Lot
  • Zoning: R120

Multi Family

  • Gross Annual Income: 22800
  • Unit Count: 2
  • Total Multi Family: 17
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 6388
  • Total Assessed Value: 201210
  • Mil Rate Base: 31.750
  • Mil Rate Total: 31.750
  • Assessor Parcel Number: 1803479

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
Oct 6, 2021
Closed on
Jan 18, 2022
Sold by
Cox Jennifer and Cox Walter Otto
Bought by
Raub Christopher D and Raub Jennifer G
Seller's Agent
Melissa DiPiazza
RE/MAX One
Buyer's Agent
Marty Rauch
Marty Rauch Real Estate
List Price
$399,900
Sold Price
$424,350
Premium/Discount to List
$24,450
6.11%
Current Estimated Value
$562,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,650
Avg. Annual Appreciation
12.39%
Original Mortgage
$329,350
Outstanding Balance
$307,023
Interest Rate
3.56%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$333,065

Purchase Details

Closed on
Aug 3, 2011
Sold by
Dubois Robert E and Dubois Marguerite A
Bought by
Walter Otto J and Cox Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,347
Interest Rate
4.51%

Purchase Details

Closed on
Aug 1, 2006
Sold by
Cc Nap Llc
Bought by
Dubois Robert and Dubois Marguerite
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
Raub Christopher D $424,350 None Available
Raub Christopher D $424,350 None Available
Walter Otto J -- --
Dubois Robert $389,900 --
Dubois Robert $389,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raub Christopher D $329,350
Closed Raub Christopher D $329,350
Previous Owner Walter Otto J $257,661
Previous Owner Allen Rosalyn $260,347
Previous Owner Allen Rosalyn $309,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $424,350 +6.1% $82 / Sq Ft
12/04/2021 12/04/21 For Sale $399,900 0.0% $78 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $399,900 0.0% $78 / Sq Ft
05/15/2018 05/15/18 Rented $1,900 +5.6% --
03/20/2018 03/20/18 Under Contract -- -- --
03/15/2018 03/15/18 For Rent $1,800 +5.9% --
03/31/2015 03/31/15 Rented $1,700 0.0% --
03/31/2015 03/31/15 Under Contract -- -- --
03/10/2015 03/10/15 For Rent $1,700 -- --
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 $6,548 $226,800 $29,960 $196,840
2024 $6,298 $226,800 $29,960 $196,840
2023 $6,298 $226,800 $29,960 $196,840
2022 $6,058 $226,800 $29,960 $196,840
2021 $6,388 $201,210 $37,230 $163,980
2020 $6,515 $201,210 $37,230 $163,980
2019 $6,541 $201,210 $37,230 $163,980
2018 $6,384 $201,210 $37,230 $163,980
2017 $6,378 $201,210 $37,230 $163,980
2016 $5,268 $172,110 $44,060 $128,050
2015 $5,268 $172,110 $44,060 $128,050
2014 $5,055 $172,110 $44,060 $128,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170443288

SmartMLS

APN: MONT-000030-000029