$422,500
SOLD MAR 6, 2026

7 Olson Ave Cromwell, CT 06416

4 Beds
2.5 Baths
2,724 Sq Ft
0.46 Acre Lot

Sale Details

Date Sold: March 6, 2026

$155 Per Sq Ft

6% Above List Price

55 Days on Market

Highlights

  • Attic
  • 1 Fireplace
  • Property is near shops
  • Cromwell High School Rated A-
  • Porch
  • Hot Water Circulator

About This Home

As of March 2026

Well maintained brick 2-family cape in a highly sought after location. The home is a 2-family; however, it could easily be converted to a 1 family if so desired. The first floor unit has an eat in kitchen, a living room with a wood burning fireplace, a full bath, and three bedrooms, one of which has been converted to a laundry room which can be converted back to a bedroom then the laundry located back to the basement. The basement is partially finished and includes a kitchen and a full bath. The second floor unit has an eat in kitchen, a living room, a full bath, and a good size bedroom. Each unit has it's own electric meter but the heating sytem is shared by both units. Each unit has its own A/C. The lot is level and has a shed for storage. Whether you are looking for a home in a great community or a home with the flexibility to be used as a single family or a multi family, you found it here. FHA, CHFA, VA, and Conventional financing are all welcome. *** Multiple offers received. Highest and best by Thursday 01/15/2026 at midnight ***.

Last Agent to Sell the Property

Francine McKiernan

Clermont Real Estate Brokerage Phone: (860) 490-3020 License #RES.0814682 Listed on: 01/10/2026

Last Buyer's Agent

Brian Deperry

Berkshire Hathaway NE Prop. License #RES.0802601

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,383

Year Built

  • Built in 1959

Lot Details

  • 20,038 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Masonry Siding

Interior Spaces

  • 1 Fireplace
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Walk-In Attic

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 6 Parking Spaces
  • Private Driveway

Schools

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

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Electric Water Heater
  • Fuel Tank Located in Basement

Additional Features

  • Porch
  • Property is near shops

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 954818

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,383

Year Built

Built in 1959

Lot Details

0.46 Acres

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1674
  • Sq Ft Est Heated Below Grade: 1050
  • Total Sq Ft: 2724
  • Year Built: 1959
  • New Construction: No/Resale
  • Nearby Amenities: Library, Public Rec Facilities, Shopping/Mall
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: GPS Friendly
  • Financing Used: Conventional Fixed
  • Street Type: Avenue
  • Office Attribution Contact: (203) 675-6902
  • Reserve Prospect: No
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Walk-In
  • Basement Description: Full, Partially Finished
  • Laundry Room Location: Laundry hookup in each unit
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Aluminum, Brick
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Driveway Type: Private, Paved
  • Total Parking Spaces: 6
  • Garage And Parking: Off Street Parking, Driveway

Utilities

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

Schools

  • Intermediate School: Woodside

Lot Info

  • Acres: 0.46
  • Lot Description: Level Lot
  • Zoning: residential
  • Parcel #: 954818

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 5383

MLS Schools

  • Elementary School: Edna C. Stevens
  • Middle Jr High School: Per Board of Ed
  • High School: Cromwell

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2026
Closed on
Feb 26, 2026
Sold by
Bought by
Seller's Agent
Francine McKiernan
Clermont Real Estate
Buyer's Agent
Brian Deperry
Berkshire Hathaway NE Prop.
List Price
$400,000
Sold Price
$422,500
Premium/Discount to List
$22,500
5.62%
Views
86
Current Estimated Value
$419,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,343
Avg. Annual Appreciation
-2.70%
Original Mortgage
$316,875
Outstanding Balance
$316,565
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$102,592
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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $422,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $316,875 Purchase Money Mortgage
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/06/2026 03/06/26 Sold $422,500 +5.6% $155 / Sq Ft
01/10/2026 01/10/26 For Sale $400,000 -- $147 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,429 $176,330 $72,450 $103,880
2024 $5,302 $176,330 $72,450 $103,880
2023 $5,186 $176,330 $72,450 $103,880
2022 $4,746 $142,380 $66,640 $75,740
2021 $4,746 $142,380 $66,640 $75,740
2020 $4,674 $142,380 $66,640 $75,740
2019 $4,674 $142,380 $66,640 $75,740
2018 $4,511 $137,410 $66,640 $70,770
2017 $4,585 $135,140 $62,220 $72,920
2016 $4,545 $135,140 $62,220 $72,920
2015 $4,241 $135,140 $62,220 $72,920
2014 $4,497 $135,140 $62,220 $72,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24145595

SmartMLS

APN: CROM-000042-000044-000012

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