NOT LISTED FOR SALE

58 Seaside Ave Westbrook, CT 06498

Estimated Value: $423,000 - $482,834

3 Beds
2 Baths
1,280 Sq Ft
$356/Sq Ft Est. Value

Last Sold January 07, 2021

Last sale price $310,000 $242 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,915/month

21 Days on Market

Highlights

  • Property is near public transit
  • Partially Wooded Lot
  • No HOA
  • Westbrook Middle School Rated A-
  • Attic
  • Walking Distance to Water

About This Home

As of January 2021

Location, Location, Location! This rarely available multi family property situated nicely within walking distance of the beach and downtown Westbrook offers loads of possibilities as an income producing investment or an eventual place for an owner occupant to live or stay by the shoreline while receiving assistance with mortgage from your tenant! The property offers 2 well cared for Units- the lower level comes with 2 bedrooms and 1 full bath and the upper level unit comes with 1 bed and 1 full bath. Both units are in great shape and offer a light and bright feel with plenty of windows providing tons of natural light! There is a washer/dryer hook-up on 1st floor providing convenience and enough off street parking for both tenants. A large flat yard is great for gatherings of all size as well as room to just get outside and enjoy the smell of the beach and sea breeze. Don't miss your chance- make your appointment to see this unique opportunity today!

Last Agent to Sell the Property

Matthew Miale

KW Legacy Partners License #RES.0779469 Listed on: 10/02/2020

KW Legacy Partners

Last Buyer's Agent

Jarrad Horsley

RE/MAX One License #RES.0814527

RE/MAX One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,940

Year Built

  • Built in 1988

Lot Details

  • 0.28 Acre Lot
  • Level Lot
  • Partially Wooded Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,280 Sq Ft Home
  • Crawl Space
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Dirt Driveway
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near shops

Schools

  • Daisy Ingraham Elementary School
  • Westbrook Middle School
  • Westbrook High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,940

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1280
  • Public Record Living Room Sq Ft: 1280
  • Total Sq Ft: 1280
  • Year Built: 1988
  • Nearby Amenities: Health Club, Medical Facilities, Park, Playground/Tot Lot, Public Rec Facilities, Public Transportation, Shopping/Mall
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1920
  • Directions: Boston Post Rd(Rt 1) to Seaside Ave.
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Crawl Space
  • Laundry Room Info: Hook-Up In Unit 1
  • Attic: Yes
  • Street Number Modifier: 58

Exterior Features

  • Exterior Features: Gutters
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unpaved, Off Street Parking
  • Driveway Type: Crushed Stone, Dirt

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Daisy Ingraham
  • Middle School: Westbrook
  • High School: Westbrook

Lot Info

  • Acres: 0.2800
  • Lot Description: Level Lot, Lightly Wooded
  • Zoning: MDR

Multi Family

  • Unit Count: 2
  • Total Multi Family: 7
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4940
  • Total Assessed Value: 197600
  • Mil Rate Base: 25.000
  • Mil Rate Total: 25.000
  • Assessor Parcel Number: 1038447

MLS Schools

  • Elementary School: Daisy Ingraham
  • Middle Jr High School: Westbrook
  • High School: Westbrook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Dec 31, 2020
Sold by
Benham Harry E
Bought by
Toufexis Christine E
Seller's Agent
Matthew Miale
KW Legacy Partners
Buyer's Agent
Jarrad Horsley
RE/MAX One
List Price
$350,000
Sold Price
$310,000
Premium/Discount to List
-$40,000
-11.43%
Current Estimated Value
$455,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,709
Avg. Annual Appreciation
8.69%
Original Mortgage
$232,500
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 1998
Sold by
Francis Scott M
Bought by
Benham Harry E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 1990
Sold by
Benham Harry E Ii Est
Bought by
Benham Harry E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
10.54%
Mortgage Type
Purchase Money Mortgage
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
Toufexis Christine E $310,000 None Available
Benham Harry E $5,000 --
Benham Harry E $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toufexis Christina E $232,500
Closed Toufexis Christine E $232,500
Previous Owner Behham 2Nd Harry E $125,600
Previous Owner Benham Harry E $150,000
Previous Owner Benham Harry E $120,000
Previous Owner Benham Harry E $122,000
Previous Owner Benham Harry E $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2021 01/07/21 Sold $310,000 -3.1% $242 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
10/14/2020 10/14/20 Price Changed $319,900 -8.6% $250 / Sq Ft
10/02/2020 10/02/20 For Sale $350,000 -- $273 / 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
2024 $4,787 $220,610 $131,300 $89,310
2023 $4,703 $220,610 $131,300 $89,310
2022 $4,580 $220,610 $131,300 $89,310
2021 $4,940 $197,600 $113,680 $83,920
2020 $4,940 $197,600 $113,680 $83,920
2019 $4,875 $197,600 $113,680 $83,920
2018 $4,816 $197,600 $113,680 $83,920
2017 $4,816 $197,600 $113,680 $83,920
2016 $3,906 $168,790 $76,730 $92,060
2015 $3,618 $160,740 $76,730 $84,010
2014 $3,503 $160,740 $76,730 $84,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170342192

SmartMLS

APN: WBRO-000183-000000-000064