NOT LISTED FOR SALE

562 Pepper St Monroe, CT 06468

Estimated Value: $342,000 - $372,314

2 Beds
1 Bath
1,010 Sq Ft
$356/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $234,600 $232 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,431/month

5 Days on Market

Highlights

  • Wetlands on Lot
  • Ranch Style House
  • 1 Fireplace
  • Stepney Elementary School Rated A
  • Attic
  • No HOA

About This Home

As of January 2022

Roll up those sleeves and come reap the benefits of some sweat equity. Some cosmetic upgrades with go a long way here in making this house a home! Tons of potential come with this great location in beautiful, sought-after Monroe! Hardwood floors, stone fireplace, nice level backyard and public utilities in street are just some of the features

Last Agent to Sell the Property

Drew Taraian

Real Estate Two License #RES.0801368 Listed on: 12/08/2021

Last Buyer's Agent

WINSTON ORTEGA

GT Properties License #REB.0788667

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,974

Year Built

  • Built in 1948

Lot Details

  • 0.81 Acre Lot
  • Level Lot
  • Property is zoned I2

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Concrete Siding
  • Stucco Exterior

Interior Spaces

  • 1,010 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Attic

  • Walkup Attic
  • Partially Finished Attic

Parking

  • 2 Car Attached Garage
  • Private Driveway

Outdoor Features

  • Wetlands on Lot

Schools

  • Masuk High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Private Company Owned Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,974

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1010
  • Public Record Living Room Sq Ft: 1010
  • Total Sq Ft: 1010
  • Year Built: 1948
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2536
  • Directions: Main St to Pepper St
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Walk-up, Partially Finished
  • Basement Description: Full
  • Appliances: Oven/Range, Refrigerator
  • Additional Rooms: Breezeway
  • Attic: Yes
  • Street Number Modifier: 562

Exterior Features

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

Garage/Parking

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

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Electric
  • Water Source: Public Water In Street, Private Well
  • Sewer: Public Sewer In Street, 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: Masuk
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.8100
  • Lot Description: Some Wetlands, Level Lot
  • Zoning: I2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 4974
  • Total Assessed Value: 136800
  • Mil Rate Base: 36.360
  • Mil Rate Total: 36.360
  • Assessor Parcel Number: 177668

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2021
Closed on
Jan 28, 2022
Sold by
Rkv T
Bought by
Lopez Lucy P and Lopez Milton M
Seller's Agent
Drew Taraian
Real Estate Two
Buyer's Agent
WINSTON ORTEGA
GT Properties
List Price
$224,900
Sold Price
$234,600
Premium/Discount to List
$9,700
4.31%
Current Estimated Value
$359,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,479
Avg. Annual Appreciation
11.65%
Original Mortgage
$187,680
Outstanding Balance
$174,259
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$174,969

Purchase Details

Listed on
Dec 8, 2021
Closed on
Jan 19, 2022
Sold by
Velky Kathy A
Bought by
Velky Kathy A
Seller's Agent
Drew Taraian
Real Estate Two
Buyer's Agent
WINSTON ORTEGA
GT Properties
List Price
$224,900
Sold Price
$234,600
Premium/Discount to List
$9,700
4.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,680
Outstanding Balance
$174,259
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$174,969

Purchase Details

Closed on
Feb 16, 2012
Sold by
Velky Kathy A
Bought by
Rkv Ft

Purchase Details

Closed on
Aug 17, 2006
Sold by
Velky Richard L
Bought by
Velky Kathy A

Purchase Details

Closed on
Jul 7, 1999
Sold by
Guernsey Raymond M Est
Bought by
Velky Richard L and Velky Kathy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.19%
Source: Public Records

Range of Values:

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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
Lopez Lucy P $230,000 None Available
Lopez Lucy P $230,000 None Available
Velky Kathy A -- None Available
Velky Kathy A -- None Available
Rkv Ft -- --
Rkv Ft -- --
Velky Kathy A -- --
Velky Kathy A -- --
Velky Richard L $145,000 --
Velky Richard L $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Lucy P $187,680
Closed Lopez Lucy P $187,680
Previous Owner Velky Richard L $82,000
Previous Owner Velky Richard L $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $234,600 +4.3% $232 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
12/08/2021 12/08/21 For Sale $224,900 -- $223 / 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 $5,868 $204,670 $87,570 $117,100
2024 $5,235 $136,800 $75,300 $61,500
2023 $5,137 $136,800 $75,300 $61,500
2022 $5,042 $136,800 $75,300 $61,500
2021 $4,974 $136,800 $75,300 $61,500
2020 $4,854 $136,800 $75,300 $61,500
2019 $4,924 $138,400 $80,200 $58,200
2018 $4,877 $138,400 $80,200 $58,200
2017 $4,949 $138,400 $80,200 $58,200
2016 $4,844 $138,400 $80,200 $58,200
2015 $4,754 $138,400 $80,200 $58,200
2014 $4,545 $146,580 $79,940 $66,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170455855

SmartMLS

APN: MONR-000103-000027