$116,000
SOLD FEB 26, 2018

587 Main St Cromwell, CT 06416

3 Beds
1.5 Baths
1,484 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$78 Per Sq Ft

7% Below List Price

24 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • No HOA
  • Attic
  • Corner Lot
  • 2 Car Detached Garage

About This Home

As of March 2022

3 bedroom 1.1 bath corner colonial encompassing 1,484 square feet of living space. Hardwood throughout. Full basement for added storage. 2 car detached garage. Exterior deck for entertaining. Property will need interior updating and repairs and condition will limit financing options. Close to amenities and highway access. All offers to include POF or pre qual.

Last Agent to Sell the Property

John Oliveri

Property Works New England License #REB.0758662 Listed on: 01/06/2018

Last Buyer's Agent

Lucy Kinnane

Property Works New England License #RES.0793611

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,389

Year Built

  • Built in 1930

Lot Details

  • 10,454 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Property is zoned A-15

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Fiberglass Roof
  • Aluminum Siding

Interior Spaces

  • 1,484 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Radiant Heating System
  • Heating System Uses Oil Above Ground

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,389

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1484
  • Public Record Living Room Sq Ft: 1484
  • Total Sq Ft: 1484
  • Year Built: 1930
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2932
  • Directions: On Main St
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full
  • Attic: Yes
  • Street Number Modifier: 587

Exterior Features

  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Fiberglass Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Heat Type: Radiant
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.2400
  • Lot Description: Corner Lot, Level Lot
  • Zoning: A-15

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 4389
  • Total Assessed Value: 129360
  • Mil Rate Base: 33.930
  • Mil Rate Total: 33.930
  • Assessor Parcel Number: 955878

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2022
Closed on
Mar 11, 2022
Sold by
Brogan Quinton and Brogan Katielyn
Bought by
Edelman Jacob M and Rosen Molly B
Seller's Agent
Maxwell Castrogiovanni
eXp Realty
Buyer's Agent
Diane Bonney
William Raveis Real Estate
List Price
$269,900
Sold Price
$275,000
Premium/Discount to List
$5,100
1.89%
Current Estimated Value
$380,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,713
Avg. Annual Appreciation
10.10%
Original Mortgage
$247,500
Outstanding Balance
$232,070
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$148,643

Purchase Details

Listed on
May 18, 2018
Closed on
Jul 11, 2018
Sold by
Brogan Quinton
Bought by
Brogan Quinton
Seller's Agent
Rob Giuffria, GMS
Tea Leaf Realty
Buyer's Agent
Morgan Castrogiovanni
eXp Realty
List Price
$219,900
Sold Price
$225,750
Premium/Discount to List
$5,850
2.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%
Original Mortgage
$214,462
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 18, 2018
Closed on
Jul 3, 2018
Sold by
Ct Victory Home Soluti
Bought by
Brogan Quinton
Seller's Agent
Rob Giuffria, GMS
Tea Leaf Realty
Buyer's Agent
Morgan Castrogiovanni
eXp Realty
List Price
$219,900
Sold Price
$225,750
Premium/Discount to List
$5,850
2.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,462
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 6, 2018
Closed on
Feb 27, 2018
Sold by
Mtglq Investors Lp
Bought by
Ct Victory Home Soluti
Seller's Agent
John Oliveri
Property Works New England
Buyer's Agent
Lucy Kinnane
Property Works New England
List Price
$124,900
Sold Price
$116,000
Premium/Discount to List
-$8,900
-7.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
608.76%

Purchase Details

Closed on
Jul 5, 2017
Sold by
Fnma
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Apr 27, 2017
Sold by
Rakestrau Lisa A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 1, 2005
Sold by
Sullivan Shaun P and Sullivan Helen M
Bought by
Rakestrau Lisa A and Rakestrau Rodney E

Purchase Details

Closed on
Oct 27, 2003
Sold by
Pitruzzello Marilyn M
Bought by
Sullivan Shaun P and Sullivan Helen M
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $275,000 None Available
Warranty Deed $275,000 None Available
Quit Claim Deed -- --
Warranty Deed $225,750 --
Warranty Deed $116,000 --
Quit Claim Deed -- --
Foreclosure Deed -- --
Warranty Deed $230,000 --
Warranty Deed $194,000 --
Quit Claim Deed -- --
Warranty Deed $225,750 --
Warranty Deed $116,000 --
Quit Claim Deed -- --
Foreclosure Deed -- --
Warranty Deed $230,000 --
Warranty Deed $194,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $247,500 Purchase Money Mortgage
Closed $247,500 Purchase Money Mortgage
Previous Owner $214,462 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2022 03/14/22 Pending -- -- --
03/11/2022 03/11/22 Sold $275,000 +1.9% $185 / Sq Ft
01/07/2022 01/07/22 For Sale $269,900 +19.6% $182 / Sq Ft
06/29/2018 06/29/18 Sold $225,750 +2.7% $152 / Sq Ft
05/18/2018 05/18/18 For Sale $219,900 +89.6% $148 / Sq Ft
02/26/2018 02/26/18 Sold $116,000 -7.1% $78 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
01/06/2018 01/06/18 For Sale $124,900 -- $84 / 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 $5,918 $192,220 $60,130 $132,090
2024 $5,780 $192,220 $60,130 $132,090
2023 $5,653 $192,220 $60,130 $132,090
2022 $5,618 $168,560 $57,540 $111,020
2021 $5,618 $168,560 $57,540 $111,020
2020 $5,534 $168,560 $57,540 $111,020
2019 $5,534 $168,560 $57,540 $111,020
2018 $5,051 $153,860 $57,540 $96,320
2017 $4,389 $129,360 $49,550 $79,810
2016 $4,350 $129,360 $49,550 $79,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170041941

SmartMLS

APN: CROM-000046-000019-000086