NOT LISTED FOR SALE

6 Bank Ln Essex, CT 06426

Estimated Value: $862,000 - $1,266,000

2 Beds
1.5 Baths
1,398 Sq Ft
$739/Sq Ft Est. Value

Last Sold July 20, 2022

Last sale price $781,330 $559 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,538/month

49 Days on Market

Highlights

  • Public Water Access
  • Colonial Architecture
  • 1 Fireplace
  • Valley Regional High School Rated A-
  • Attic
  • 2-minute walk to Essex Town Green

About This Home

As of July 2022

An irresistibly sweet property that puts you in the middle of everything Essex Village has to offer. And that's a lot! Set well back from Main Street, you are moments to marinas, shops, restaurants, health clubs, yacht clubs, the c.1776 Griswold Inn, CT River Museum, Essex Town Park, playground, library, tennis courts, and direct water access to the CT River. The perfect downsize house/condo alternative or you can take advantage of the existing footprint to expand both the first and second floors. The house has unusually high ceilings for a vintage home. Great "bones" and ready for a makeover to suit your needs. Wake up to a perfect village lifestyle every day. Essex exudes a charm that exists in only a few rarified places. All of the character of Nantucket or Martha's Vineyard with none of the hassle of over-tourism or remoteness. Come take your place in one of the best small towns in America. Only a little over two hours to NYC or Boston via train or highway. Grab your own little slice of heaven!

Last Agent to Sell the Property

Rick Weiner

William Pitt Sotheby's Int'l License #REB.0717625 Listed on: 05/18/2022

William Pitt Sotheby's Int'l

Last Buyer's Agent

Kyle Hinding

Coldwell Banker Realty License #REB.0794141

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,303

Year Built

  • Built in 1847

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot
  • Garden
  • Property is zoned EV

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 1,398 Sq Ft Home
  • 1 Fireplace
  • Concrete Flooring
  • Basement Fills Entire Space Under The House
  • Laundry on lower level

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Attic

  • Attic Floors
  • Storage In Attic
  • Walkup Attic

Parking

  • 2 Car Detached Garage
  • Private Driveway

Outdoor Features

  • Public Water Access
  • Walking Distance to Water
  • Porch

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Essex Elementary School
  • Winthrop Middle School
  • Valley High School

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Radiator
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,303

Year Built

Built in 1847

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1398
  • Public Record Living Room Sq Ft: 1398
  • Total Sq Ft: 1398
  • Year Built: 1847
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Paddle Tennis, Playground/Tot Lot, Shopping/Mall, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2649
  • Tax Year Updated Dt: 07/13/2022
  • Directions: Main Street to Bank Lane. First house on right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Walk-up, Floored, Storage Space
  • Basement Description: Full With Hatchway, Concrete Floor
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 6

Exterior Features

  • Exterior Features: Garden Area, Porch
  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Stone
  • Roof Information: Shingle
  • Waterfront Description: Access, Water Community, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Covered Garage
  • Garages Number: 2
  • Driveway Type: Private

Utilities

  • Cooling System: Window Unit
  • Heat Type: Radiator
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Essex
  • Middle School: Winthrop
  • High School: Valley
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.2200
  • Lot Description: Dry, Level Lot, Fence - Partial
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: EV

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 8303
  • Total Assessed Value: 366600
  • Mil Rate Base: 22.650
  • Mil Rate Total: 22.650
  • Assessor Parcel Number: 986780

MLS Schools

  • Elementary School: Essex
  • Middle Jr High School: Winthrop
  • High School: Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Jul 20, 2022
Sold by
Paul Geoffrey S
Bought by
Hall Steven and Hartell Stephanie
Seller's Agent
Rick Weiner
William Pitt Sotheby's Int'l
Buyer's Agent
Kyle Hinding
Coldwell Banker Realty
List Price
$785,000
Sold Price
$781,330
Premium/Discount to List
-$3,670
-0.47%
Current Estimated Value
$1,037,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,704
Avg. Annual Appreciation
9.05%
Original Mortgage
$400,000
Outstanding Balance
$382,628
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$635,756

Purchase Details

Closed on
Sep 9, 2004
Sold by
Smyth Harold and Smyth Sandra
Bought by
Paul Geoffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.08%

Purchase Details

Closed on
Mar 31, 2000
Sold by
Jessie Hull Nayer T and Mayer Jessie H
Bought by
Smyth Sandra B and Smyth Harold J
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
Hall Steven $781,330 None Available
Hall Steven $781,330 None Available
Paul Geoffrey $575,000 --
Paul Geoffrey $575,000 --
Smyth Sandra B $295,000 --
Smyth Sandra B $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartell Stephanie $75,000
Closed Hartell Stephanie $50,000
Open Hall Steven $400,000
Closed Hall Steven $400,000
Previous Owner Smyth Sandra B $368,250
Previous Owner Smyth Sandra B $375,000
Previous Owner Smyth Sandra B $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2022 07/20/22 Sold $781,330 -0.5% $559 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $785,000 0.0% $562 / Sq Ft
02/19/2016 02/19/16 Rented $2,300 -3.2% --
02/02/2016 02/02/16 Under Contract -- -- --
09/15/2015 09/15/15 For Rent $2,375 +3.3% --
02/14/2015 02/14/15 Rented $2,300 -8.0% --
01/15/2015 01/15/15 Under Contract -- -- --
11/08/2014 11/08/14 For Rent $2,500 +92.3% --
03/11/2013 03/11/13 Rented $1,300 -3.7% --
02/11/2013 02/11/13 Under Contract -- -- --
02/10/2013 02/10/13 For Rent $1,350 -- --
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 $10,319 $553,900 $327,000 $226,900
2024 $9,998 $553,900 $327,000 $226,900
2023 $8,248 $365,100 $305,500 $59,600
2022 $8,303 $366,600 $305,500 $61,100
2021 $8,223 $366,600 $305,500 $61,100
2020 $7,996 $366,600 $305,500 $61,100
2019 $7,937 $366,600 $305,500 $61,100
2018 $8,235 $376,900 $282,000 $94,900
2017 $8,277 $376,900 $282,000 $94,900
2016 $8,134 $376,900 $282,000 $94,900
2015 $7,945 $376,900 $282,000 $94,900
2014 $7,911 $376,900 $282,000 $94,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170491999

SmartMLS

APN: ESSE-000047-000000-000093