NOT LISTED FOR SALE

62 Timber Hill Rd Cromwell, CT 06416

Estimated Value: $312,000 - $365,102

3 Beds
2 Baths
1,705 Sq Ft
$197/Sq Ft Est. Value

Last Sold October 04, 2021

Last sale price $190,000 $111 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,233/month

54 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Thermal Windows
  • Cromwell High School Rated 9+
  • 2 Car Detached Garage
  • Enclosed Patio or Porch

About This Home

As of October 2021

Rarely available 2 family home on a fantastic level lot! 2 car garage! First floor unit offers enclosed porch, eat-in kitchen, living room, 2 bedrooms and full bath. Second floor unit offers 1 bedroom, eat-in kitchen and living room. The location is fantastic- if you're looking to invest and put some sweat equity into a property, here's your opportunity. Exterior is easy maintenance vinyl siding. Seller is looking for an As-Is sale

Last Agent to Sell the Property

Dawn Satagaj

William Raveis Real Estate License #REB.0793617 Listed on: 07/13/2021

William Raveis Real Estate

Last Buyer's Agent

Dawn Satagaj

William Raveis Real Estate License #REB.0793617 Listed on: 07/13/2021

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,781

Year Built

  • Built in 1880

Lot Details

  • 0.64 Acre Lot
  • Corner Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 1,705 Sq Ft Home
  • Thermal Windows
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Edna C. Stevens Elementary School
  • Cromwell Middle School
  • Woodside Middle School
  • Cromwell High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,781

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1705
  • Public Record Living Room Sq Ft: 1705
  • Total Sq Ft: 1705
  • Year Built: 1880
  • Nearby Amenities: Library, Park, Playground/Tot Lot
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3974
  • Tax Year Updated Dt: 08/16/2021
  • Directions: Timber Hill on corner of Webster Heights
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No

Exterior Features

  • Exterior Features: Porch-Enclosed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Woodside

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.6400
  • Lot Description: Corner Lot, Level Lot
  • Zoning: R-15

Multi Family

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

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 4781
  • Mil Rate Base: 33.330
  • Assessor Parcel Number: 2383821

MLS Schools

  • Elementary School: Edna C. Stevens
  • Middle Jr High School: Cromwell
  • High School: Cromwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2022
Sold by
Bobby Kehayias T and Bobby Kehayias
Bought by
D S Management Llc
Current Estimated Value
$335,276

Purchase Details

Listed on
Jul 13, 2021
Closed on
Oct 4, 2021
Sold by
Johnson Lawrence W
Bought by
Johnson Lawrence W
Seller's Agent
Dawn Satagaj
William Raveis Real Estate
Buyer's Agent
Dawn Satagaj
William Raveis Real Estate
List Price
$269,900
Sold Price
$190,000
Premium/Discount to List
-$79,900
-29.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.70%

Purchase Details

Listed on
Jul 13, 2021
Closed on
Sep 10, 2021
Sold by
Johnson Lawrence W
Bought by
Bobby Kehayias Lt
Seller's Agent
Dawn Satagaj
William Raveis Real Estate
Buyer's Agent
Dawn Satagaj
William Raveis Real Estate
List Price
$269,900
Sold Price
$190,000
Premium/Discount to List
-$79,900
-29.6%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
D S Management Llc $243,000 None Available
D S Management Llc $243,000 None Available
D S Management Llc $243,000 None Available
Johnson Lawrence W -- None Available
Johnson Lawrence W -- None Available
Johnson Lawrence W -- None Available
Bobby Kehayias Lt $190,000 None Available
Bobby Kehayias Lt $190,000 None Available
Bobby Kehayias Lt $190,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2021 10/04/21 Sold $190,000 -15.5% $111 / Sq Ft
09/05/2021 09/05/21 Pending -- -- --
08/30/2021 08/30/21 Price Changed $224,900 -4.3% $132 / Sq Ft
08/04/2021 08/04/21 Price Changed $234,900 -6.0% $138 / Sq Ft
07/20/2021 07/20/21 Price Changed $249,900 -7.4% $147 / Sq Ft
07/13/2021 07/13/21 For Sale $269,900 -- $158 / 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 $5,612 $182,280 $73,990 $108,290
2024 $5,481 $182,280 $73,990 $108,290
2023 $5,361 $182,280 $73,990 $108,290
2022 $4,781 $143,430 $68,110 $75,320
2021 $4,781 $143,430 $68,110 $75,320
2020 $4,709 $143,430 $68,110 $75,320
2019 $4,709 $143,430 $68,110 $75,320
2018 $4,709 $143,430 $68,110 $75,320
2017 $4,376 $128,970 $63,700 $65,270
2016 $4,337 $128,970 $63,700 $65,270
2015 $4,047 $128,970 $63,700 $65,270
2014 $4,292 $128,970 $63,700 $65,270
Source: Public Records

Agents Affiliated with this Home

  • Dawn Satagaj

    Seller's Agent in 2021

    Dawn Satagaj

    William Raveis Real Estate

    (860) 301-5820

    9 in this area

    199 Total Sales

    Dawn Satagaj
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Map

Source: SmartMLS

MLS Number: 170418877

SmartMLS

APN: CROM-000041-000031-000066

Connecticut Middlesex County Cromwell 06416

62 Timber Hill Rd, Cromwell, CT

Not Listed for Sale

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