NOT LISTED FOR SALE

65 Putnam Park Rd Bethel, CT 06801

Estimated Value: $625,000 - $934,000

8 Beds
3 Baths
2,880 Sq Ft
$277/Sq Ft Est. Value

Last Sold September 09, 2020

Last sale price $515,000 $179 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,051/month

47 Days on Market

Highlights

  • 1.84 Acre Lot
  • Deck
  • 2 Fireplaces
  • Bethel High School Rated A-
  • Attic
  • No HOA

About This Home

As of September 2020

Great investment opportunity, live in one apartment and have the other (2) units cover expenses or take advantage of this high income, low maintenance investment. All separate utilities, Septic fields 2006, 2,500 gallon septic tank 2018. Fully rented, close to downtown Bethel. Magnificent 1.84 acre level site. Hardwood and laminate flooring throughout. This unique property truly offers all the comforts of country living while providing the security of a positive cash-flow.

Last Agent to Sell the Property

Jehad Sabbagh

William Raveis Real Estate License #REB.0791873 Listed on: 06/15/2020

William Raveis Real Estate

Last Buyer's Agent

Janneth Andrade

Realty ONE Group Connect License #RES.0804814

Realty ONE Group Connect

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,784

Year Built

  • Built in 1900

Lot Details

  • 1.84 Acre Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 2,880 Sq Ft Home
  • 2 Fireplaces
  • Storage In Attic

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Basement

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

Parking

  • Parking Deck
  • Private Driveway

Outdoor Features

  • Deck

Schools

  • Bethel High School

Utilities

  • Baseboard Heating
  • Private Company Owned Well
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $52,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,784

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Plumtrees
  • Property Type: Multi-Family For Sale
  • Style: 3sides - Units Are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2880
  • Public Record Living Room Sq Ft: 2880
  • Total Sq Ft: 2880
  • Year Built: 1900
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2880
  • Tax Year Updated Dt: 07/20/2020
  • Directions: Route 58
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 2
  • Attic Description: Storage Space
  • Basement Description: Full With Walk-Out
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Driveway
  • Driveway Type: Private

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 1.8400
  • Lot Description: Level Lot
  • Zoning: R-80

Multi Family

  • Gross Annual Income: 52200
  • Unit Count: 3
  • Total Multi Family: 14
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 7784
  • Mil Rate Base: 33.740
  • Assessor Parcel Number: 3658

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Bethel

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2020
Closed on
Sep 8, 2020
Sold by
Corigliano Marc and Corigliano Alison
Bought by
Ramirez Mario O
Seller's Agent
Jehad Sabbagh
William Raveis Real Estate
Buyer's Agent
Janneth Andrade
Realty ONE Group Connect
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%
Current Estimated Value
$797,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,911
Avg. Annual Appreciation
8.71%
Original Mortgage
$497,811
Outstanding Balance
$440,770
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$357,141

Purchase Details

Listed on
Jun 13, 2018
Closed on
Nov 13, 2018
Sold by
Malone Alice
Bought by
Corigliano Marc and Corigliano Alison
Seller's Agent
Jehad Sabbagh
William Raveis Real Estate
Buyer's Agent
Jehad Sabbagh
William Raveis Real Estate
List Price
$449,900
Sold Price
$360,000
Premium/Discount to List
-$89,900
-19.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.48%
Original Mortgage
$270,000
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 1993
Sold by
Osullivan Grace P and Beliveau Aka Grannia
Bought by
Malone William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
8%
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
Ramirez Mario O $515,000 None Available
Corigliano Marc $360,000 --
Malone William A $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Mario O $497,811
Previous Owner Corigliano Marc $270,000
Previous Owner Malone William A $214,000
Previous Owner Malone William A $350,000
Previous Owner Malone William A $250,000
Previous Owner Malone William A $138,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2020 09/09/20 Sold $515,000 -1.9% $179 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $525,000 +45.8% $182 / Sq Ft
11/09/2018 11/09/18 Sold $360,000 -16.3% $125 / Sq Ft View Prior Sale
10/15/2018 10/15/18 Pending -- -- --
07/27/2018 07/27/18 Price Changed $429,900 -4.4% $149 / Sq Ft
06/13/2018 06/13/18 For Sale $449,900 -- $156 / 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 $10,252 $337,120 $95,550 $241,570
2024 $9,834 $337,120 $95,550 $241,570
2023 $9,541 $335,580 $95,550 $240,030
2022 $7,981 $230,720 $95,550 $135,170
2021 $7,904 $230,720 $95,550 $135,170
2020 $7,784 $230,720 $95,550 $135,170
2019 $7,708 $230,720 $95,550 $135,170
2018 $7,584 $230,720 $95,550 $135,170
2017 $7,748 $235,650 $95,580 $140,070
2016 $7,581 $235,650 $95,580 $140,070
2015 $7,583 $235,650 $95,580 $140,070
2014 $7,567 $235,650 $95,580 $140,070
Source: Public Records

Agents Affiliated with this Home

  • Jehad Sabbagh

    Seller's Agent in 2020

    Jehad Sabbagh

    William Raveis Real Estate

    (203) 470-2812

    2 in this area

    28 Total Sales

    Jehad Sabbagh
    Section Image
  • Janneth Andrade

    Buyer's Agent in 2020

    Janneth Andrade

    Realty ONE Group Connect

    (203) 963-0569

    10 Total Sales

    Janneth Andrade
    Section Image
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Map

Source: SmartMLS

MLS Number: 170306868

SmartMLS

APN: BETH-000053-000056-000061-000001

Connecticut Fairfield County Bethel 06801

65 Putnam Park Rd, Bethel, CT

Not Listed for Sale

MultiFamily

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