NOT LISTED FOR SALE

578 East St S Suffield, CT 06078

Estimated Value: $590,000 - $812,321

4 Beds
2 Baths
2,482 Sq Ft
$296/Sq Ft Est. Value

Last Sold February 12, 2024

Last sale price $700,000 $282 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,604/month

270 Days on Market

Highlights

  • Barn
  • Waterfront
  • Attic
  • Suffield Middle School Rated A-
  • 34.42 Acre Lot
  • Covered Deck

About This Home

As of February 2024

House stands on a 34.42-acre parcel located on the east side of East Street South. Set back slightly from the street and is surrounded by a lawn dotted with small trees. A gravel driveway leads along the North side of the house to an English barn located Northeast of the 2-unit residence. The majority of the parcel is comprised of agricultural fields or woodland that extend east to the waterfront of the Enfield Canal and Connecticut River. The house is a two-story Greek Rival style wood framed. This land would be a great development property or single home riverfront build. Property has 2 road frontage access for street requirements. Public water and sewer easement runs through property and has easy access for developing. This 2-unit income property could be left as is for future land development. Land has beautiful wildlife with 2 additional ponds. MULTIBLE USE POTENTIAL PROPERTY!!!

Last Agent to Sell the Property

Anthony Bartley

Realty One Group Cutting Edge License #RES.0822163 Listed on: 03/20/2023

Realty One Group Cutting Edge

Last Buyer's Agent

Anthony Bartley

Realty One Group Cutting Edge License #RES.0822163 Listed on: 03/20/2023

Realty One Group Cutting Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,705

Year Built

  • Built in 1900

Lot Details

  • 34.42 Acre Lot
  • Waterfront

Home Design

  • Brick Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 2,482 Sq Ft Home
  • Basement Hatchway
  • Walkup Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Radiator
  • Heating System Uses Oil
  • 60+ Gallon Tank
  • Private Company Owned Well
  • Fuel Tank Located in Basement

Additional Features

  • Multiple Entries or Exits
  • Covered Deck
  • Barn

Community Details

  • 2 Units
  • Gross Income $2,000

Listing and Financial Details

  • Assessor Parcel Number 737776

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,705

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2482
  • Total Sq Ft: 2482
  • Year Built: 1900
  • New Construction: No/Resale
  • Property Sub Type: 2 Family
  • Handicap Features: Multiple Entries/Exits
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3708
  • Directions: Left off Enfield/Suffield Bridge. Property on left on East Street South.
  • Financing Used: Private
  • Living Area Sq Ft Per Public Record: 2482
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Walk-up
  • Basement Description: Hatchway Access
  • Laundry Room Info: Washer/Dryer All Units
  • Attic: Yes
  • Street Number Modifier: 578

Exterior Features

  • Exterior Features: Barn, Covered Deck
  • Exterior Siding: Aluminum
  • Foundation Type: Brick
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront Frontage River View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: Barn, Driveway, Off Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Radiator
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 80 Gallon Tank
  • Water Source: Private Well
  • Sewer: Public Sewer Connected
  • Sewer Assess Description: No Assessment
  • Sewer Usage Fee Annual: 740

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: 34.42
  • Lot Description: Secluded Water View Level Lot Rolling Treed
  • Flood Zone: No
  • Zoning: R25
  • Parcel #: 737776

Multi Family

  • Gross Annual Income: 2000
  • Total Number Of Units: 2
  • Unit Count: 1

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 5705
  • Total Assessed Value: 199390
  • Mil Rate Total: 28.61

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
Mar 20, 2023
Closed on
Feb 12, 2024
Sold by
G E Hinckley Jr Credit T and Hinckley
Bought by
578Ess Llc
Seller's Agent
Anthony Bartley
Realty One Group Cutting Edge
Buyer's Agent
Anthony Bartley
Realty One Group Cutting Edge
List Price
$1,800,000
Sold Price
$700,000
Premium/Discount to List
-$1,100,000
-61.11%
Views
132
Current Estimated Value
$735,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,440
Avg. Annual Appreciation
0.47%
Original Mortgage
$600,000
Outstanding Balance
$591,228
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$114,086

Purchase Details

Listed on
Mar 20, 2023
Closed on
Feb 8, 2024
Sold by
Heller Sharon L and Hinckley George E
Bought by
G E Hinckley Jr Credit T and Hinckley
Seller's Agent
Anthony Bartley
Realty One Group Cutting Edge
Buyer's Agent
Anthony Bartley
Realty One Group Cutting Edge
List Price
$1,800,000
Sold Price
$700,000
Premium/Discount to List
-$1,100,000
-61.11%
Views
132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$591,228
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$114,086
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
578Ess Llc $700,000 None Available
G E Hinckley Jr Credit T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 578Ess Llc $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2024 02/12/24 Sold $700,000 -36.4% $282 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
11/08/2023 11/08/23 Price Changed $1,100,000 -26.7% $443 / Sq Ft
03/27/2023 03/27/23 Price Changed $1,500,000 -16.7% $604 / Sq Ft
03/20/2023 03/20/23 For Sale $1,800,000 -- $725 / 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 $8,649 $369,460 $208,880 $160,580
2024 $5,549 $245,210 $88,130 $157,080
2023 $5,705 $199,390 $82,070 $117,320
2022 $5,705 $199,390 $82,070 $117,320
2021 $5,711 $199,390 $82,070 $117,320
2020 $5,711 $199,390 $82,070 $117,320
2019 $5,726 $199,390 $82,070 $117,320
2018 $5,804 $197,940 $77,400 $120,540
2017 $5,718 $197,940 $77,400 $120,540
2016 $5,582 $197,940 $77,400 $120,540
2015 $5,499 $197,940 $77,400 $120,540
2014 $5,368 $197,940 $77,400 $120,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170557271

SmartMLS

APN: SUFF-000079H-000055-000057