NOT LISTED FOR SALE

7 3rd Ave Waterford, CT 06385

Estimated Value: $307,000 - $367,966

3 Beds
1 Bath
910 Sq Ft
$380/Sq Ft Est. Value

Last Sold March 27, 2020

Last sale price $85,000 $93 Per Sq Ft

Est. 306% increase in value since last sale

Current estimated payment $2,238/month

3 Days on Market

Highlights

  • River Front
  • Deck
  • No HOA
  • Waterford High School Rated A-
  • Attic
  • Walking Distance to Water

About This Home

As of March 2020

Investor/contractor opportunity!! 3 bedroom 1 bath Bungalow in need of renovation. Located in a desirable neighborhood and walking distance to the Niantic River. Newer roof, hot water heater and electrical panel. Furnace appears to be in good condition. Bring your tools and make this home shine again. Listing agent is related to seller. Subject to Probate Court Approval.

Last Agent to Sell the Property

The Bowes Team

RE/MAX on the Bay License #REB.0790080 Listed on: 10/26/2019

RE/MAX on the Bay

Last Buyer's Agent

The Bowes Team

RE/MAX on the Bay License #REB.0790080 Listed on: 10/26/2019

RE/MAX on the Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,345

Year Built

  • Built in 1950

Lot Details

  • 5,227 Sq Ft Lot
  • River Front
  • Level Lot
  • Property is zoned VR-10

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Ridge Vents on the Roof
  • Vinyl Siding

Interior Spaces

  • 910 Sq Ft Home
  • Thermal Windows
  • Unfinished Basement
  • Partial Basement
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Deck

Location

  • Flood Zone Lot
  • Property is near a golf course

Schools

  • Clark Lane Middle School
  • Waterford High School

Utilities

  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,345

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Bungalow
  • Sq Ft Est Heated Above Grade: 910
  • Public Record Living Room Sq Ft: 910
  • Total Sq Ft: 910
  • Year Built: 1950
  • Nearby Amenities: Basketball Court, Golf Course, Playground/Tot Lot
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2160
  • Tax Year Updated Dt: 11/18/2019
  • Directions: Niantic River Rd to Third Ave. House is on the right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Partial With Hatchway, Unfinished
  • Laundry Room Location: Main Level
  • Attic: Yes
  • Street Number Modifier: 7

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: River, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1
  • Driveway Type: Paved

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Clark Lane
  • High School: Waterford

Green Features

  • Energy Features: Ridge Vents, Thermopane Windows

Lot Info

  • Acres: 0.1200
  • Lot Description: In Flood Zone, Level Lot
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: VR-10

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 3345
  • Total Assessed Value: 119550
  • Mil Rate Base: 27.980
  • Mil Rate Total: 27.980
  • Assessor Parcel Number: 1587524

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Clark Lane
  • High School: Waterford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2021
Sold by
Archambault Ryan
Bought by
Scanlon Timothy M
Current Estimated Value
$345,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,479
Outstanding Balance
$156,599
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$200,369

Purchase Details

Listed on
Oct 26, 2019
Closed on
Mar 25, 2020
Sold by
Scheck Susan J Est and Scheck
Bought by
Archambault Ryan
Seller's Agent
The Bowes Team
RE/MAX on the Bay
Buyer's Agent
The Bowes Team
RE/MAX on the Bay
List Price
$100,000
Sold Price
$85,000
Premium/Discount to List
-$15,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.25%
Original Mortgage
$201,600
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Scanlon Timothy M $140,000 None Available
Archambault Ryan $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scanlon Timothy M $171,479
Previous Owner Schwar Paul $201,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2020 03/27/20 Sold $85,000 -15.0% $93 / Sq Ft
10/29/2019 10/29/19 Pending -- -- --
10/26/2019 10/26/19 For Sale $100,000 -- $110 / 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 $4,307 $184,370 $98,780 $85,590
2024 $4,111 $184,370 $98,780 $85,590
2023 $3,909 $184,370 $98,780 $85,590
2022 $3,295 $119,550 $65,010 $54,540
2021 $3,304 $119,550 $65,010 $54,540
2020 $3,332 $119,550 $65,010 $54,540
2019 $3,345 $119,550 $65,010 $54,540
2018 $3,278 $119,550 $65,010 $54,540
2017 $3,277 $121,230 $65,010 $56,220
2016 $3,247 $121,230 $65,010 $56,220
2015 $3,131 $121,230 $65,010 $56,220
2014 $3,007 $121,230 $65,010 $56,220
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170247576

SmartMLS

APN: WATE-000142-000000-008202