NOT LISTED FOR SALE

69 River Rd Cromwell, CT 06416

Estimated Value: $264,000 - $297,000

1.23 Acres
$231,301 Price per Acre
53,579 Sq Ft Lot

Last Sold December 23, 2019

Last sale price $103,500 $115 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $1,993/month

169 Days on Market

Highlights

  • River Front
  • Property is near public transit
  • Public Transportation
  • 1.23 Acre Lot
  • No HOA
  • 3-minute walk to Cromwell Landing

About This Lot

As of December 2019

Views of the CT River and across the street from the Park!! This lot is now 1.23 acres and is subdividable into a possible 3 lots with approx 100' of road frontage for each lot. The structure on the property is not habitable and is a tear down. Public water and sewer line is connected to the existing house, there are also gas lines on the street. Approx lot dimensions; 300' on River Road (East), 130' on Wall St (North), 235' (South) and 160' along the back (West). See the plot plan in attachments.

Last Agent to Sell the Property

Joanne Francis

Century 21 North East License #RES.0567571 Listed on: 06/21/2019

Century 21 North East

Last Buyer's Agent

Joshua Brown

KW Legacy Partners License #RES.0791127

KW Legacy Partners

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,980

Lot Details

  • 1.23 Acre Lot
  • River Front
  • Property is zoned R-15

Schools

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

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Water Views
  • Property is near public transit

Community Details

  • No Home Owners Association
  • Public Transportation

Property Details

Property Type

Land

Est. Annual Taxes

$3,980

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Commuter Bus, Library, Park, Public Rec Facilities, Public Transportation
  • Property Sub Type: Residential Land
  • Direct Waterfront: Yes
  • Tax Year Updated Dt: 07/29/2019
  • Directions: Main Street to Wall St, on the corner of River Road and Wall Street....sign
  • Special Features: None

Interior Features

  • Street Number Modifier: 69

Exterior Features

  • Waterfront Description: River, View
  • Road Frontage Description: Municipal Street
  • Road Frontage Approximate: 300

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 1.2300
  • Lot Description: May be Subdividable, Water View
  • Lot Improvements: Approved Building Lot, House(S)
  • Lots Number Of: 1
  • Subdividable Ynu: Yes
  • Zoning: R-15

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 3980
  • Total Assessed Value: 121240
  • Mil Rate Base: 32.830
  • Mil Rate Total: 32.830
  • Assessor Parcel Number: 2384060

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

Listed on
Jun 21, 2019
Closed on
Dec 20, 2019
Sold by
Marilyn E Lord Ret
Bought by
River Point Dev Llc
Seller's Agent
Joanne Francis
Century 21 North East
Buyer's Agent
Joshua Brown
KW Legacy Partners
List Price
$134,500
Sold Price
$103,500
Premium/Discount to List
-$31,000
-23.05%
Current Estimated Value
$284,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,000
Avg. Annual Appreciation
16.97%

Purchase Details

Closed on
Feb 27, 1970
Bought by
Lord Daniel H and Lord Marilyn E
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 Buyer Sale Price Title Company
River Point Dev Llc $103,500 None Available
Lord Daniel H -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2019 12/23/19 Sold $103,500 -10.0% $115 / Sq Ft
12/07/2019 12/07/19 Pending -- -- --
09/10/2019 09/10/19 Price Changed $115,000 -8.0% $127 / Sq Ft
08/09/2019 08/09/19 Price Changed $125,000 -7.1% $138 / Sq Ft
06/21/2019 06/21/19 For Sale $134,500 -- $149 / 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
2024 $4,831 $160,650 $115,640 $45,010
2023 $4,725 $160,650 $115,640 $45,010
2022 $4,351 $130,550 $109,200 $21,350
2021 $4,041 $121,240 $109,200 $12,040
2020 $3,980 $121,240 $109,200 $12,040
2019 $3,980 $121,240 $109,200 $12,040
2018 $3,321 $101,150 $71,820 $29,330
2017 $3,395 $100,060 $70,110 $29,950
2016 $3,365 $100,060 $70,110 $29,950
2015 $3,140 $100,060 $70,110 $29,950
2014 $3,330 $100,060 $70,110 $29,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170208933

SmartMLS

APN: CROM-000053-000057-000011