NOT LISTED FOR SALE

551 Main St Monroe, CT 06468

Estimated Value: $520,274 - $628,000

4 Beds
2.5 Baths
2,579 Sq Ft
$221/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $370,000 $143 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,803/month

19 Days on Market

Highlights

  • Cape Cod Architecture
  • Farm
  • 1 Fireplace
  • Stepney Elementary School Rated A
  • Partially Wooded Lot
  • Corner Lot

About This Home

As of May 2021

Great Investment or Possible development site, directlhy on Main St, corner location. All dwellings leased Adjoining property of 2 acres is available.
Charming house.
Presently house,apartment,studio and garages on 1.78 acres on rear of the property. Leased: House $1700, Apartment $1025, Studio $900.

Last Agent to Sell the Property

Cynthia Gennarini

Fischer Real Estate Inc. License #REB.0690017 Listed on: 04/01/2021

Last Buyer's Agent

Cynthia Gennarini

Fischer Real Estate Inc. License #REB.0690017 Listed on: 04/01/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,607

Year Built

  • Built in 1939

Lot Details

  • 1.78 Acre Lot
  • Corner Lot
  • Partially Wooded Lot
  • Property is zoned RF1

Home Design

  • Cape Cod Architecture
  • Gable Roof Shape
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2,579 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Detached Garage
  • Private Driveway

Farming

  • Farm

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Private Company Owned Well
  • Hot Water Circulator
  • Fuel Tank Located in Garage

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,607

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Neighborhood: Stepney
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 2579
  • Public Record Living Room Sq Ft: 2579
  • Total Sq Ft: 2579
  • Year Built: 1939
  • Remarks Public Addendum: could be available
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5969
  • Directions: Main St, across from Diner
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full
  • Appliances: Electric Range
  • Attic: No
  • Street Number Modifier: 551

Exterior Features

  • Exterior Siding: Shingle, Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle, Gable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Private

Utilities

  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Garage
  • Hot Water Description: Domestic
  • Water Source: Public Water In Street, Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 1.7800
  • Lot Description: Farm Land, May be Subdividable, Corner Lot, Lightly Wooded
  • Flood Zone: No
  • Zoning: RF1

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 7607
  • Total Assessed Value: 214400
  • Mil Rate Base: 35.480
  • Mil Rate Total: 35.480
  • Assessor Parcel Number: 174952

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
May 17, 2021
Sold by
Barton Russell
Bought by
E D Re Management Llc
Seller's Agent
Cynthia Gennarini
Fischer Real Estate Inc.
Buyer's Agent
Cynthia Gennarini
Fischer Real Estate Inc.
List Price
$400,000
Sold Price
$370,000
Premium/Discount to List
-$30,000
-7.5%
Current Estimated Value
$571,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,069
Avg. Annual Appreciation
9.54%

Purchase Details

Closed on
Dec 28, 2010
Sold by
Westcott Nancy D
Bought by
Barton Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
4.17%
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
E D Re Management Llc $370,000 None Available
E D Re Management Llc $370,000 None Available
Barton Russell $275,000 --
Barton Russell $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barton Russell $192,500
Previous Owner Barton Russell $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $370,000 -7.5% $143 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $400,000 -- $155 / 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 $9,303 $324,490 $99,190 $225,300
2024 $8,205 $214,400 $75,100 $139,300
2023 $8,051 $214,400 $75,100 $139,300
2022 $7,903 $214,400 $75,100 $139,300
2021 $7,796 $214,400 $75,100 $139,300
2020 $7,607 $214,400 $75,100 $139,300
2019 $7,397 $207,900 $81,600 $126,300
2018 $7,326 $207,900 $81,600 $126,300
2017 $7,435 $207,900 $81,600 $126,300
2016 $7,277 $207,900 $81,600 $126,300
2015 $7,141 $207,900 $81,600 $126,300
2014 $8,110 $261,520 $102,480 $159,040
Source: Public Records

Agents Affiliated with this Home

  • Cynthia Gennarini

    Seller's Agent in 2021

    Cynthia Gennarini

    Fischer Real Estate Inc.

    (203) 887-6070

    1 in this area

    17 Total Sales

    Cynthia Gennarini
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Map

Source: SmartMLS

MLS Number: 170380964

SmartMLS

APN: MONR-000058-000002

Connecticut Fairfield County Monroe 06468

551 Main St, Monroe, CT

This home is located at 551 Main St, Monroe, CT 06468 since 01 April 2021 and is currently estimated at $571,069, approximately $221 per square foot. This property was built in 1939. 551 Main St is a home located in Fairfield County with nearby schools including Stepney 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.

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