NOT LISTED FOR SALE

587 Pepper St Monroe, CT 06468

Estimated Value: $131,980

2.8 Acres
$47,136 Price per Acre
121,968 Sq Ft Lot

Last Sold June 01, 2021

Last sale price $99,500

Est. 33% increase in value since last sale

Current estimated payment $1,025/month

106 Days on Market

Highlights

  • Waterfront
  • 2.8 Acre Lot
  • Wetlands on Lot
  • Stepney Elementary School Rated A
  • Property is near public transit
  • Corner Lot

About This Lot

As of June 2021

2.8 ACRES OF INDUSTRIAL ZONED (I2) LAND IN THE INDUSTRIAL AREA OF MONROE. LISTED FOR UNDER $100k! ALL INDUSTRIAL USES REQUIRE SEP OR SDE. THE FOLLOWING ALLOWABLE USES ARE: ARBORIST, AUTO BODY SHOP, AUTO SERVICE SHOP, COMMERCIAL VEHICLE FACILITY, FIREWOOD PROCESS FACILITY, LANDSCAPER, MANUFACTURING (SEE DETAILS IN ZONING REGS), BUSINESS SERVICE FACILITIES (SEE DETAILS IN ZONING REGS), OFFICE - MEDICAL AND/OR DENTAL, SDP (SITE DEVELOPMENT PLAN) OFFICE - REGULAR AND PROFESSIONAL. PLAN COMPLETED BY ENGINEER SHOWS A 2,800 SF BUILDING CAN BE BUILT.

Last Agent to Sell the Property

Jeanette Politano

Coldwell Banker Realty License #RES.0795642 Listed on: 01/26/2021

Coldwell Banker Realty

Last Buyer's Agent

Jeanette Politano

Coldwell Banker Realty License #RES.0795642 Listed on: 01/26/2021

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,356

Lot Details

  • 2.8 Acre Lot
  • Waterfront
  • Property fronts a state road
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Many Trees
  • Property is zoned I2

Location

  • Flood Zone Lot
  • Property is near public transit
  • Property is near shops

Schools

  • Stepney Elementary School
  • Jockey Hollow Middle School
  • Masuk High School

Community Details

Recreation

  • Wetlands on Lot

Additional Features

  • No Home Owners Association
  • Public Transportation

Property Details

Property Type

Land

Est. Annual Taxes

$3,356

Lot Details

0

Listing Details

  • Neighborhood: Upper Stepney
  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Health Club, Medical Facilities, Park, Public Transportation, Shopping/Mall
  • Remarks Public Addendum: HIGHEST AND BEST BY SATURDAY, FEBRUARY 6TH, 3PM
  • Property Sub Type: Industrial Land
  • Direct Waterfront: Yes
  • Encumbrances Restrictions: Subject to Probate
  • Directions: Rte 25/Main Street to Pepper Street to #587 Pepper Street.
  • Special Features: None

Interior Features

  • Street Number Modifier: 587

Exterior Features

  • Road Frontage Description: State Road
  • Road Frontage Approximate: 595

Utilities

  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Stepney
  • Middle School: Jockey Hollow
  • High School: Masuk
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 2.8000
  • Lot Description: Some Wetlands, Cleared, Corner Lot, Level Lot, Rolling, Treed
  • Flood Zone: Yes
  • Lot Improvements: Approved Building Lot
  • Lots Number Of: 1
  • Subdividable Ynu: Unknown
  • Zoning: I2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 3356
  • Total Assessed Value: 94600
  • Mil Rate Base: 35.480
  • Mil Rate Total: 35.480
  • Assessor Parcel Number: 177671

MLS Schools

  • Elementary School: Stepney
  • Middle Jr High School: Jockey Hollow
  • High School: Masuk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2021
Closed on
Jun 1, 2021
Sold by
Coz Investors Llc
Bought by
Maybrook Properties Llc
Seller's Agent
Jeanette Politano
Coldwell Banker Realty
Buyer's Agent
Jeanette Politano
Coldwell Banker Realty
List Price
$99,500
Sold Price
$99,500
Current Estimated Value
$131,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,480
Avg. Annual Appreciation
8.89%
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 Buyer Sale Price Title Company
Maybrook Properties Llc $99,500 None Available
Maybrook Properties Llc $99,500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $99,500 0.0% --
05/12/2021 05/12/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $99,500 0.0% --
04/25/2021 04/25/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $99,500 -- --
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 $3,554 $123,970 $123,970 $0
2024 $3,620 $94,600 $94,600 $0
2023 $3,552 $94,600 $94,600 $0
2022 $3,487 $94,600 $94,600 $0
2021 $3,440 $94,600 $94,600 $0
2020 $3,356 $94,600 $94,600 $0
2019 $3,209 $90,200 $90,200 $0
2018 $3,179 $90,200 $90,200 $0
2017 $3,226 $90,200 $90,200 $0
2016 $3,157 $90,200 $90,200 $0
2015 $3,098 $90,200 $90,200 $0
2014 $3,039 $98,000 $98,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170364024

SmartMLS

APN: MONR-000103-000030