NOT LISTED FOR SALE

63 Cutler St Watertown, CT 06795

Estimated Value: $336,114 - $496,000

6 Beds
2 Baths
2,174 Sq Ft
$203/Sq Ft Est. Value

Last Sold September 24, 2015

Last sale price $224,900 $103 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,906/month

72 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Attic Floors
  • No HOA
  • Floor Furnace
  • Concrete Flooring

About This Home

As of September 2015

Rare opportunity in Watertown positive cash flow from day 1. Fully rented 2 family with 2 bedrooms in each unit. Updated kitchens, floors and baths. These apartments are in excellent shape. You do not have to touch a thing. Good mechanicals and separate utilities. Both apartments have a front porch. Large yard in a great location. 3 Car garage. Laundry hook ups for both units in walk out basement, Each unit has a walk up full attic with windows and floors that adds plenty of storage. Close to highway and walking distance to all the fun on Main St. Excellent owner occupant set up Live in one apartment and let your tenant help you pay the mortgage. Both tenants are month to month, but are willing to sign a lease.

Last Agent to Sell the Property

Joseph Vige

Showcase Realty, Inc. License #RES.0774275 Listed on: 06/03/2015

Last Buyer's Agent

Joseph Vige

Showcase Realty, Inc. License #RES.0774275 Listed on: 06/03/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,963

Year Built

  • Built in 1875

Lot Details

  • 0.3 Acre Lot
  • Open Lot
  • Sloped Lot

Home Design

  • Aluminum Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,174 Sq Ft Home
  • 2-Story Property
  • Concrete Flooring

Attic

  • Attic Floors
  • Storage In Attic
  • Walkup Attic

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Shared Basement
  • Basement Storage

Parking

  • 3 Car Garage
  • Varies By Unit
  • Gravel Driveway
  • Shared Driveway
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Schools

  • John Trumbull Elementary School
  • Swift Middle School
  • Watertown High School

Utilities

  • Floor Furnace
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,963

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Total Sq Ft: 2174
  • Year Built: 1875
  • Nearby Amenities: Commuter Bus, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: main st going north is a right and going south is a left to route 6. route 6 is cutler house on left
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Attic Description: Floored, Storage Space, Walk-up
  • Basement Description: Concrete Floor, Full With Walk-Out, Shared Basement, Storage, Unfinished, Walk-out
  • Interior Amenities: Cable - Pre-wired
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Stories Number Of: 2
  • Street Number Modifier: 63

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Aluminum
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Off Street Parking, Unit Garage
  • Garages Number: 3
  • Driveway Type: Crushed Stone, Gravel, Shared
  • Total Parking Spaces: 2

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: John Trumbull
  • High School: Watertown
  • Intermediate School: Swift

Lot Info

  • Acres: 0.3000
  • Lot Description: Open Lot, Sloping Lot, Professionally Landscaped
  • Flood Zone: No

Rental Info

  • Landlord Responsibility: Grounds Maintenance, Insurance, Maintenance/Repairs, Sewer, Snow Removal, Trash Service, Water
  • Lease Purchase: No

Multi Family

  • Unit Count: 2
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 3963
  • Total Assessed Value: 136100
  • Mil Rate Total: 29.120
  • Assessor Parcel Number: 918353

MLS Schools

  • Elementary School: John Trumbull
  • High School: Watertown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2015
Closed on
Sep 25, 2015
Sold by
Upson Paula
Bought by
Gordon Basil
Seller's Agent
Joseph Vige
Showcase Realty, Inc.
Buyer's Agent
Joseph Vige
Showcase Realty, Inc.
List Price
$224,900
Sold Price
$224,900
Current Estimated Value
$440,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,879
Avg. Annual Appreciation
6.37%
Original Mortgage
$220,825
Outstanding Balance
$175,215
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$239,580

Purchase Details

Closed on
Sep 4, 2001
Sold by
Pilicy Franklin
Bought by
Upson Paula
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
Gordon Basil $224,900 --
Upson Paula $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pilicy Franklin $220,825
Previous Owner Pilicy Franklin $158,272
Previous Owner Pilicy Franklin $118,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2015 09/24/15 Sold $224,900 0.0% $103 / Sq Ft
08/14/2015 08/14/15 Pending -- -- --
06/03/2015 06/03/15 For Sale $224,900 -- $103 / 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 $6,064 $201,880 $45,150 $156,730
2024 $5,727 $201,880 $45,150 $156,730
2023 $4,932 $133,800 $44,200 $89,600
2022 $4,675 $133,800 $44,200 $89,600
2021 $4,624 $133,800 $44,200 $89,600
2020 $4,441 $133,800 $44,200 $89,600
2019 $4,441 $133,800 $44,200 $89,600
2018 $4,572 $136,100 $48,600 $87,500
2017 $4,339 $136,100 $48,600 $87,500
2016 $4,204 $136,100 $48,600 $87,500
2015 $4,097 $136,100 $48,600 $87,500
2014 $3,963 $136,100 $48,600 $87,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: W10051869

SmartMLS

APN: WATE-000088-000052-000014