$450,000
SOLD JAN 29, 2025

685 Main St Monroe, CT 06468

0.99 Acre
$454,545 Price per Acre
43,124 Sq Ft Lot

Recently Sold

10% Below List Price

293 Days on Market

About This Lot

As of January 2025

Newly Re-Zoned fully cleared commercial lot on Route 25 in Monroe, CT in beautiful Fairfield County. Located on a main commercial corridor equidistant to I-84 and the route 25 connector to Merritt Parkway and I-95 this commercial property at this price point is a wonderful opportunity. Site is adjacent to Dunkin Donuts and is an ideal location for other long term commercial tenants. Site has great soils for septic, soil report available upon request. City water and other utilities are in the street. Proposed site plan and renderings is for a 7000 square foot commercial building with multiple tenants. Come look today and don't let this enticing commercial development opportunity in a fantastic location pass you by. Seller is a licensed real estate agent.

Last Agent to Sell the Property

Stephen Shapiro

ASJ Realty Partners License #RES.0810086 Listed on: 02/18/2024

Last Buyer's Agent

Fred Frassinelli

AMS Real Estate License #REB.0759338

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,258

Lot Details

  • 0.99 Acre Lot
  • Property fronts a state road
  • Property is zoned B-1

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 176353

Property Details

Property Type

Land

Est. Annual Taxes

$9,258

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Lots and Land For Sale
  • New Construction: No/Resale
  • Property Sub Type: Commercial Land
  • Direct Waterfront: No
  • Directions: On Route 25 Main Street, cleared lot next to Dunkin Donuts
  • Financing Used: Withheld
  • Spec Assoc Asses: No
  • Street Type: Street
  • Special Features: None

Interior Features

  • Street Number Modifier: 685-687

Exterior Features

  • Waterfront Description: Not Applicable
  • Road Frontage Description: State Road
  • Road Frontage Approximate: 200

Utilities

  • Water Source: Public Water In Street
  • Sewer: Septic Required
  • Utilities Available: Electric, Telephone, Cable
  • Septic Approval: No
  • Septic Plan Available: No

Schools

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

Lot Info

  • Acres: 0.99
  • Lot Description: Dry Cleared
  • Lot Improvements: Approved Building Lot, Lot Staked
  • Lots Number Of: 1
  • Zoning: B-1
  • Parcel #: 176353

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 9258
  • Total Assessed Value: 241900
  • Mil Rate Total: 38.27

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2024
Closed on
Jan 27, 2025
Sold by
685 Main St Llc
Bought by
685 Dg Monroe Llc
Seller's Agent
Stephen Shapiro
ASJ Realty Partners
Buyer's Agent
Fred Frassinelli
AMS Real Estate
List Price
$499,990
Sold Price
$450,000
Premium/Discount to List
-$49,990
-10%
Views
60
Current Estimated Value
$457,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,334
Avg. Annual Appreciation
2.56%

Purchase Details

Closed on
Oct 28, 2023
Sold by
Cervini Cindy and Meyer Susan
Bought by
685 Main St Llc

Purchase Details

Closed on
Oct 26, 2023
Sold by
Cervini Cindy and Meyer Susan
Bought by
685 Main Street Llc

Purchase Details

Closed on
Oct 10, 1973
Bought by
Mich Theresa 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 Type Sale Price Title Company
Warranty Deed $450,000 None Available
Warranty Deed $450,000 None Available
Warranty Deed $285,000 None Available
Warranty Deed $285,000 None Available
Warranty Deed $285,000 None Available
Warranty Deed $285,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2025 01/29/25 Sold $450,000 -10.0% --
12/07/2024 12/07/24 Pending -- -- --
02/18/2024 02/18/24 For Sale $499,990 -- --
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 $7,428 $259,070 $259,070 $0
2024 $9,258 $241,900 $241,900 $0
2023 $8,171 $217,600 $217,600 $0
2022 $8,021 $217,600 $217,600 $0
2021 $7,912 $217,600 $217,600 $0
2020 $8,824 $248,700 $241,900 $6,800
2019 $10,646 $299,200 $241,900 $57,300
2018 $10,544 $299,200 $241,900 $57,300
2017 $10,699 $299,200 $241,900 $57,300
2016 $10,472 $299,200 $241,900 $57,300
2015 $10,278 $299,200 $241,900 $57,300
2014 $7,704 $248,430 $187,180 $61,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170625255

SmartMLS

APN: MONR-000082-000035