NOT LISTED FOR SALE

7 Commerce St Portland, CT 06480

Estimated Value: $309,000 - $371,000

2 Beds
2 Baths
1,637 Sq Ft
$207/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $160,000 $98 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,230/month

49 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • No HOA
  • Gildersleeve School Rated 9+
  • 1 Fireplace
  • Enclosed Patio or Porch

About This Home

As of September 2018

Good things do come in small packages. Cared-for Cape on small, but special in-town lot off Main Street. Nicely tended and renovated home blends charm and character in equal measure. Owners added a large family room addition, 20x16; a great room with cathedral ceiling, corner gas fireplace and french door access to beautifully perennials, trees & shrubs; well planted and tended gardens. Don't worry if you think you lack a green thumb. It's design lends itself to minimal care. There's a fence that surrounds this 'secret garden' plus a large "Carefree" storage shed, playhouse and kennel fencing. Washer/dryer do not convey.

Last Agent to Sell the Property

Patricia Flynn

Sterling REALTORS License #RES.0230589 Listed on: 06/21/2018

Last Buyer's Agent

Deborah Pepin

Coldwell Banker Realty License #RES.0805573

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,158

Year Built

  • Built in 1925

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot
  • Property is zoned B3

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 1,637 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Laundry on lower level

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Deck
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Schools

  • Gildersleeve Elementary School
  • Portland High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Washer/dryer do not convey.

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,158

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1637
  • Public Record Living Room Sq Ft: 1637
  • Total Sq Ft: 1637
  • Year Built: 1925
  • Nearby Amenities: Park
  • Exclusions: Washer/dryer do not convey.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 1637
  • Directions: Main Street to Commerce.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Full
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Laundry Room Info: Lower Level
  • Attic: No
  • Street Number Modifier: 7

Exterior Features

  • Exterior Features: Deck, Patio, Porch-Enclosed
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking
  • Driveway Type: Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard, Hot Air
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Gildersleeve
  • High School: Portland

Lot Info

  • Acres: 0.1500
  • Lot Description: Level Lot, Fence - Partial
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: B3

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 4158
  • Total Assessed Value: 122990
  • Mil Rate Base: 33.810
  • Mil Rate Total: 33.810
  • Assessor Parcel Number: 1033329

MLS Schools

  • Elementary School: Gildersleeve
  • High School: Portland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2018
Closed on
Oct 1, 2018
Sold by
Mcavay Sharon Est
Bought by
Serafino Jean M and Serafino Richard J
Seller's Agent
Patricia Flynn
Sterling REALTORS
Buyer's Agent
Deborah Pepin
Coldwell Banker Realty
List Price
$189,900
Sold Price
$160,000
Premium/Discount to List
-$29,900
-15.75%
Current Estimated Value
$338,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,458
Avg. Annual Appreciation
11.25%
Original Mortgage
$115,000
Outstanding Balance
$100,287
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$238,171

Purchase Details

Closed on
Jul 6, 1982
Bought by
Rosano Sharon L
Source: Public Records

Range of Values:

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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
Serafino Jean M $160,000 --
Rosano Sharon L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serafino Jean M $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $160,000 -5.3% $98 / Sq Ft
08/09/2018 08/09/18 Pending -- -- --
08/09/2018 08/09/18 Price Changed $169,000 -6.1% $103 / Sq Ft
07/23/2018 07/23/18 Price Changed $179,900 -5.3% $110 / Sq Ft
07/06/2018 07/06/18 For Sale $189,900 +18.7% $116 / Sq Ft
06/22/2018 06/22/18 Off Market $160,000 -- --
06/21/2018 06/21/18 For Sale $189,900 -- $116 / 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 $5,145 $150,010 $45,570 $104,440
2023 $4,869 $150,010 $45,570 $104,440
2022 $4,866 $150,010 $45,570 $104,440
2021 $6,903 $122,990 $45,570 $77,420
2020 $4,228 $122,990 $45,570 $77,420
2019 $6,709 $122,990 $45,570 $77,420
2018 $9,810 $122,990 $45,570 $77,420
2017 $8,350 $122,990 $45,570 $77,420
2016 $3,957 $121,730 $55,370 $66,360
2015 $3,937 $121,730 $55,370 $66,360
2014 $3,869 $121,730 $55,370 $66,360
Source: Public Records

Agents Affiliated with this Home

  • Patricia Flynn

    Seller's Agent in 2018

    Patricia Flynn

    Sterling REALTORS

    (860) 638-7941

    1 in this area

    34 Total Sales

    Patricia Flynn
    Section Image
  • Deborah Pepin

    Buyer's Agent in 2018

    Deborah Pepin

    Coldwell Banker Realty

    (860) 207-4235

    29 Total Sales

    Deborah Pepin
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170098207

SmartMLS

APN: PORT-000028-000000-000041

Connecticut Middlesex County Portland 06480

7 Commerce St, Portland, CT

This home is located at 7 Commerce St, Portland, CT 06480 since 21 June 2018 and is currently estimated at $338,458, approximately $206 per square foot. This property was built in 1925. 7 Commerce St is a home located in Middlesex County with nearby schools including Valley View School, Brownstone Intermediate School, and Gildersleeve School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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