Seller's Agent in 2023
Brian Jermainne
Team Jermainne Real Estate Services, LLC
(860) 662-0230
10 in this area
91 Total Sales
73 Knothe Rd Westbrook, CT 06498
Estimated Value: $328,704 - $407,000
3
Beds
2
Baths
1,344
Sq Ft
$268/Sq Ft
Est. Value
Highlights
- Attic
- 3-minute walk to Westbrook
- Thermal Windows
- Westbrook Middle School Rated A-
- No HOA
- Shed
About This Home
As of March 2023This two-family home has been well maintained and owned by the same family for 50 years. During that time they have updated the apartments keeping them in good condition. Each apartment has its own septic system and leaching area which were pumped in 10/20. The kitchens & bathrooms are updated & thermo-pane windows have been installed & insulation was blown into the attic helping with energy costs. Each unit has its own electric service & the tenants are responsible for paying for electricity, water, cable & trash removal. The apartments are heated by electric baseboard heaters & each apartment has an electric hot water heater. The current landlord provides snow removal when there is 3” or more of snow & the landlord also provides lawn care. There are 4 parking spaces located on Emergi Lane. This parking area is on the rear side of the home which allows entrance into the kitchens. The parking area is paved & there are paved walkways to the house. There are also paved walkways from Knothe Road to the front door of each apartment. The landlord provides one storage shed for each tenant. The newer shed goes with unit 73S which is the one-bedroom apartment & the older and larger shed goes with 73N which is the two bedroom unit. One tenants is on a month to month lease and the other ends 12/31/2023. Great investment or rent one unit & live in the other. Just steps to the village green, restaurants, pharmacy, banks, playground & a quick drive will bring you to the town beach.
Last Agent to Sell the Property
Team Jermainne Real Estate Services, LLC License #REB.0754931 Listed on: 02/05/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,751
Year Built
- Built in 1969
Lot Details
- 0.26 Acre Lot
- Level Lot
Home Design
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Aluminum Siding
Interior Spaces
- 1,344 Sq Ft Home
- Thermal Windows
- Crawl Space
- Attic or Crawl Hatchway Insulated
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- 4 Parking Spaces
- Private Driveway
- Paved Parking
- Off-Street Parking
Schools
- Daisy Ingraham Elementary School
- Westbrook High School
Utilities
- Baseboard Heating
- Electric Water Heater
Additional Features
- Shed
- Property is near shops
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Gross Income $28,320
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 13, 2023
Sold by
Cutuli Richard and Cutuli Judith
Bought by
Cutuli Brendan
Current Estimated Value
Purchase Details
Listed on
Feb 5, 2023
Closed on
Mar 1, 2023
Sold by
Robert L Day Sr T L and Robert Eaton
Bought by
Cutuli Brendan and Cutuli Richard
Seller's Agent
Brian Jermainne
Team Jermainne Real Estate Services, LLC
Buyer's Agent
Jeff Culmone
William Pitt Sotheby's Int'l
List Price
$275,000
Sold Price
$320,000
Premium/Discount to List
$45,000
16.36%
Views
148
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%
Purchase Details
Closed on
Jan 12, 2015
Sold by
Day Robert L
Bought by
Robert L Day Sr Irt and Eaton
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cutuli Brendan | -- | None Available | |
| Cutuli Brendan | $320,000 | None Available | |
| Robert L Day Sr Irt | -- | -- | |
| Robert L Day Sr Irt | -- | -- | |
| Day Robert L | -- | -- | |
| Robert L Day Sr Irt | -- | -- | |
| Day Robert L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cutuli Brendan | $231,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/03/2023 03/03/23 | Sold | $320,000 | +16.4% | $238 / Sq Ft |
| 02/12/2023 02/12/23 | Pending | -- | -- | -- |
| 02/05/2023 02/05/23 | For Sale | $275,000 | -- | $205 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $2,875 | $132,510 | $67,540 | $64,970 |
| 2023 | $2,825 | $132,510 | $67,540 | $64,970 |
| 2022 | $2,751 | $132,510 | $67,540 | $64,970 |
| 2021 | $2,449 | $97,970 | $33,770 | $64,200 |
| 2020 | $2,449 | $97,970 | $33,770 | $64,200 |
| 2019 | $2,417 | $97,970 | $33,770 | $64,200 |
| 2018 | $2,388 | $97,970 | $33,770 | $64,200 |
| 2017 | $2,388 | $97,970 | $33,770 | $64,200 |
| 2016 | $2,551 | $110,250 | $42,210 | $68,040 |
| 2015 | $2,482 | $110,250 | $42,210 | $68,040 |
| 2014 | $2,402 | $110,250 | $42,210 | $68,040 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Jermainne
-
Jeff Culmone
Buyer's Agent in 2023
Jeff Culmone
William Pitt
(203) 427-1882
5 in this area
27 Total Sales
Map
Source: SmartMLS
MLS Number: 170546186
APN: WBRO-000177-000000-000014
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