NOT LISTED FOR SALE

687 Riverside Dr Thompson, CT 06255

Estimated Value: $402,000 - $406,000

-- Bed
-- Bath
2,900 Sq Ft
$139/Sq Ft Est. Value

Sale Details

Date Sold: April 14, 2023

Last sale price $150,000 $52 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $2,657 / mo

10 Days on Market

About This Home

As of April 2023

Investors take notice! Cash offers only. When have you ever seen a 4-family for this price? Serious inquiries only. Please drive by the property to learn the area and see the exterior before requesting to see interior. Interior access is not easy. Buyer to do own due diligence. This property was condemned but has tons of potential. If you own your own construction company or are very well versed in flips, this property could be a huge opportunity.

Last Agent to Sell the Property

Anthony Chabot

Chabot & Associates Real Estate License #REB.0795000 Listed on: 02/12/2023

Last Buyer's Agent

Murilo Silva

BR Best Realty dba Murilo Silva License #REB.0793829

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,339

Year Built

  • Built in 1837

Lot Details

  • 12,632 Sq Ft Lot

Parking

  • Unpaved Parking

Home Design

  • 2,900 Sq Ft Home
  • Brick Exterior Construction
  • Stone Foundation
  • Asphalt Shingled Roof
  • Masonry Siding

Utilities

  • Heating System Uses Natural Gas
  • Fuel Tank Located in Basement

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,339

Year Built

Built in 1837

Lot Details

0.29 Acres

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 2900
  • Public Record Living Room Sq Ft: 2900
  • Total Sq Ft: 2900
  • Year Built: 1837
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5909
  • Directions: GPS-Friendly.
  • Special Features: None

Interior Features

  • Basement Description: Unfinished
  • Attic: No

Exterior Features

  • Exterior Siding: Brick
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage Parking Info: Unpaved

Utilities

  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: In Basement
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.2900
  • Lot Description: N/A
  • Zoning: R20

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 2339
  • Mil Rate Base: 25.020
  • Assessor Parcel Number: 2324002

Multi Family

  • Total Num Of Units: 4

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2024
Sold by
Washington Re Mgmt Llc
Bought by
Tomasi Jocemar P
Current Estimated Value
$404,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,200
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 12, 2023
Closed on
Apr 14, 2023
Sold by
24 Brands Inc
Bought by
Washington Re Mgmt Llc
Seller's Agent
Anthony Chabot
Chabot & Associates Real Estate
Buyer's Agent
Murilo Silva
BR Best Realty dba Murilo Silva
List Price
$125,000
Sold Price
$150,000
Premium/Discount to List
$25,000
20%
Views
147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.60%
Original Mortgage
$204,900
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2021
Sold by
Chabot Mark R
Bought by
24 Brands Inc

Purchase Details

Closed on
Oct 11, 1996
Sold by
Jones Alton and Jones Elaine
Bought by
Chabot Mark
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

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2023 04/14/23 Sold $150,000 +20.0% $52 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
02/12/2023 02/12/23 For Sale $125,000 -- $43 / Sq Ft
Source: SmartMLS

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 $5,782 $304,300 $32,900 $271,400
2024 $2,628 $93,500 $22,300 $71,200
2023 $2,431 $93,500 $22,300 $71,200
2022 $2,339 $93,500 $22,300 $71,200
2021 $2,333 $93,500 $22,300 $71,200
2020 $2,266 $93,500 $22,300 $71,200
2019 $2,098 $75,600 $24,100 $51,500
2018 $2,098 $75,600 $24,100 $51,500
2017 $1,970 $75,600 $24,100 $51,500
2016 $1,970 $75,600 $24,100 $51,500
2015 $1,875 $75,600 $24,100 $51,500
2014 $1,619 $70,800 $32,100 $38,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170546382

SmartMLS
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