NOT LISTED FOR SALE

62 Burgess Place Groton, CT 06340

Estimated Value: $336,000 - $379,000

3 Beds
1.5 Baths
2,236 Sq Ft
$158/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $240,000 $107 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,257/month

11 Days on Market

Highlights

  • Deck
  • No HOA
  • Cul-De-Sac
  • Attic
  • Walking Distance to Water
  • Tandem Garage

About This Home

As of December 2021

WOW! This split level, 3 bedroom home, was built in 1959 and has been cared for and occupied by the original builder since then. This is the first time that it has been available for sale. It is a great location, near major employers, Electric Boat, Pfizer Pharmaceuticals, UConn Avery Point Campus. The Shennecossett Golf Course and Eastern Point Beach are nearby, Route I-95 can be accessed in minutes. The home is set back well off the road on a quiet Cul-De-Sac 1/3rd acre level lot. The split level design of this “midcentury” home is very efficient, boasts hardwood floors throughout, and provides available space for internal expansion. There is a heated 15’X32’ integral garage with egress to the back yard suitable for “tandem” parking or single parking plus an ample workshop.

Last Agent to Sell the Property

Dean Saglio Sr.

RE/MAX Coast and Country License #REB.0758120 Listed on: 10/20/2021

Last Buyer's Agent

Wendy Pérez

eXp Realty License #RES.0768263

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,423

Year Built

  • Built in 1959

Lot Details

  • 0.38 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Property is zoned R51

Home Design

  • Split Level Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Concrete Flooring
  • Pull Down Stairs to Attic
  • Laundry on lower level

Kitchen

  • Built-In Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Garage Access

Parking

  • 2 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck
  • Tandem Garage
  • Private Driveway

Outdoor Features

  • Walking Distance to Water
  • Deck

Location

  • Property is near a golf course

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,423

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Neighborhood: Groton City
  • Property Type: Single Family For Sale
  • Style: Split Level
  • Sq Ft Est Heated Above Grade: 1336
  • Public Record Living Room Sq Ft: 1336
  • Sq Ft Est Heated Below Grade: 900
  • Total Sq Ft: 2236
  • Year Built: 1959
  • Nearby Amenities: Golf Course
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 1336
  • Directions: GPS Friendly
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full With Walk-Out, Partially Finished, Concrete Floor, Interior Access, Garage Access, Liveable Space
  • Appliances: Electric Cooktop, Wall Oven, Refrigerator
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 62

Exterior Features

  • Exterior Features: Deck
  • 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: Tandem, Under House Garage, Paved
  • Garages Number: 2
  • Driveway Type: Private, Paved, Asphalt

Utilities

  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic, Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

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: 0.3800
  • Lot Description: On Cul-De-Sac, Open Lot, Dry, Cleared, Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R51

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 3423
  • Total Assessed Value: 113050
  • Mil Rate Base: 25.980
  • Mil Rate Tax District: 4.300
  • Mil Rate Total: 30.280
  • Assessor Parcel Number: 1950798

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
Oct 20, 2021
Closed on
Dec 17, 2021
Sold by
Burgess-Russotti Cindy A and Moon Bonnie J
Bought by
Espinal Carlos A
Seller's Agent
Dean Saglio Sr.
RE/MAX Coast and Country
Buyer's Agent
Wendy Pérez
eXp Realty
List Price
$225,000
Sold Price
$240,000
Premium/Discount to List
$15,000
6.67%
Current Estimated Value
$345,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,455
Avg. Annual Appreciation
10.37%
Original Mortgage
$228,000
Outstanding Balance
$210,643
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$133,782
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
Espinal Carlos A $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espinal Carlos A $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $240,000 +6.7% $107 / Sq Ft
10/31/2021 10/31/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $225,000 -- $101 / 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 $4,379 $151,480 $84,987 $66,493
2024 $4,073 $151,480 $84,987 $66,493
2023 $3,908 $151,480 $56,490 $94,990
2022 $3,779 $151,480 $56,490 $94,990
2021 $3,423 $113,050 $37,660 $75,390
2020 $3,325 $113,050 $37,660 $75,390
2019 $3,219 $113,050 $37,660 $75,390
2018 $3,250 $113,050 $37,660 $75,390
2017 $3,261 $113,050 $37,660 $75,390
2016 $3,230 $118,930 $45,850 $73,080
2015 $3,189 $118,930 $45,850 $73,080
2014 $2,968 $118,930 $45,850 $73,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170441212

SmartMLS

APN: GROT-001688-001045-008856