NOT LISTED FOR SALE

558 Main St Cromwell, CT 06416

Estimated Value: $376,262

2 Beds
1 Bath
945 Sq Ft
$398/Sq Ft Est. Value

About This Home

Very cute upper floor apartment located in a Lawyer/Accounting firm business. Tenant enters through the door from the deck but has access to the basement from inside. Landlord will agree to basement storage for an accepted tenant and there is a washer/dryer available as well. The apt is fully applianced and a window air conditioner is available for installation/use. There is an open LR/Dining Area/Kitchen and the bedrooms are located on the other side of the staircase. The deck is for the exclusive use of the tenants and there is a great ice cream parlor right next door. Minimum credit score of 700, no pets or smoking. Tenant to provide application through TransUnion's "mysmartmove.com" or Tenant Verify's Soft Screen. (1) month's security and first month's rent with keys. Available immediately.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2024
Sold by
Cromwell Inv Group Llc
Bought by
Southside Investment Llc
Current Estimated Value
$376,262

Purchase Details

Closed on
Dec 15, 2010
Sold by
558 Main Street Llc
Bought by
Cromwell Invst Group L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,920
Interest Rate
4.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 15, 1999
Sold by
Hagel Caryl F
Bought by
Petrella Salvatore J and Petrella Salvatrice A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.81%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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 Buyer Sale Price Title Company
Southside Investment Llc $370,000 None Available
Southside Investment Llc $370,000 None Available
Cromwell Invst Group L $275,000 --
Cromwell Invst Group L $275,000 --
Petrella Salvatore J $150,000 --
Petrella Salvatore J $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petrella Salvatore J $215,920
Previous Owner Petrella Salvatore J $220,000
Previous Owner Petrella Salvatore J $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2022 08/02/22 Rented $1,300 0.0% --
07/14/2022 07/14/22 Under Contract -- -- --
07/06/2022 07/06/22 For Rent $1,300 +30.7% --
08/10/2018 08/10/18 Rented $995 0.0% --
07/23/2018 07/23/18 For Rent $995 0.0% --
06/14/2018 06/14/18 Off Market $995 -- --
06/13/2018 06/13/18 For Rent $995 -- --

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 $7,426 $246,960 $79,030 $167,930
2023 $7,263 $246,960 $79,030 $167,930
2022 $6,663 $199,920 $60,200 $139,720
2021 $6,663 $199,920 $60,200 $139,720
2020 $6,563 $199,920 $60,200 $139,720
2019 $6,563 $199,920 $60,200 $139,720
2018 $6,563 $199,920 $60,200 $139,720
2017 $6,341 $186,890 $42,230 $144,660
2016 $6,285 $186,890 $42,230 $144,660
2015 $5,865 $186,890 $42,230 $144,660
2014 $6,220 $186,890 $42,230 $144,660
Source: Public Records

Agents Affiliated with this Home

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