NOT LISTED FOR SALE

74 Ring Dr Groton, CT 06340

Estimated Value: $380,000 - $411,000

4 Beds
2 Baths
1,904 Sq Ft
$205/Sq Ft Est. Value

Last Sold October 05, 2021

Last sale price $277,000 $145 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,477/month

6 Days on Market

Highlights

  • No HOA
  • Property is near a bus stop
  • Private Driveway
  • Tankless Water Heater
  • Baseboard Heating
  • Level Lot

About This Home

As of October 2021

Conveniently located duplex with mirror image units. Each have 2 bedrooms and 1 full bath. Basement with washer/dryer hookups. Live on one side and rent the other or rent both! Each unit has its own Driveway and a large fenced level backyard is for all. Newer windows and roof a plus!

Last Agent to Sell the Property

Leslie Timmons

Berkshire Hathaway NE Prop. License #RES.0770245 Listed on: 08/03/2021

Berkshire Hathaway NE Prop.

Co-Listed By

Deborah Fountain

William Pitt Sotheby's Int'l License #RES.0760956

Last Buyer's Agent

Kristopher Tramont

Real Broker CT, LLC License #REB.0794869

Real Broker CT, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,889

Year Built

  • Built in 1966

Lot Details

  • 0.36 Acre Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 1,904 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Private Driveway
  • Paved Parking
  • Off-Street Parking

Location

  • Property is near a bus stop

Schools

  • Fitch Senior High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Tankless Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,889

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Neighborhood: Poquonock Bridge
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 1904
  • Public Record Living Room Sq Ft: 1904
  • Total Sq Ft: 1904
  • Year Built: 1966
  • Nearby Amenities: Basketball Court, Library, Medical Facilities, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1904
  • Tax Year Updated Dt: 09/20/2021
  • Directions: RT 117 left onto Rt 1. Left onto Ring Dr. 74 is located on the right.
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No

Exterior Features

  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.3600
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: R-12

Multi Family

  • Unit Count: 2
  • Total Multi Family: 8
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 3889
  • Mil Rate Base: 25.980
  • Mil Rate Tax District: 6.490
  • Assessor Parcel Number: 1955114

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Fitch Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2021
Closed on
Oct 5, 2021
Sold by
Hill Kenneth C
Bought by
Dangelo Savatore and Dangelo Justin
Seller's Agent
Leslie Timmons
Berkshire Hathaway NE Prop.
Buyer's Agent
Kristopher Tramont
Real Broker CT, LLC
List Price
$300,000
Sold Price
$277,000
Premium/Discount to List
-$23,000
-7.67%
Current Estimated Value
$391,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,256
Avg. Annual Appreciation
8.53%
Original Mortgage
$271,982
Outstanding Balance
$248,022
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$143,234

Purchase Details

Closed on
Jul 2, 2003
Sold by
Yost Michael
Bought by
Hill Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,250
Interest Rate
5.46%
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

Date Buyer Sale Price Title Company
Dangelo Savatore $277,000 None Available
Hill Kenneth $183,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dangelo Savatore $271,982
Previous Owner Hill Kenneth $198,000
Previous Owner Hill Kenneth $137,250
Previous Owner Hill Kenneth $36,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2021 10/05/21 Sold $277,000 -7.7% $145 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $300,000 0.0% $158 / Sq Ft
12/01/2013 12/01/13 Rented $1,000 0.0% --
11/18/2013 11/18/13 Under Contract -- -- --
10/31/2013 10/31/13 For Rent $1,000 -- --
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 $5,125 $173,670 $73,906 $99,764
2024 $4,825 $173,670 $73,906 $99,764
2023 $4,729 $173,670 $31,150 $142,520
2022 $4,620 $173,670 $31,150 $142,520
2021 $3,889 $119,770 $31,150 $88,620
2020 $3,787 $119,770 $31,150 $88,620
2019 $3,647 $119,770 $31,150 $88,620
2018 $3,610 $119,770 $31,150 $88,620
2017 $3,516 $119,770 $31,150 $88,620
2016 $3,898 $138,810 $48,720 $90,090
2015 $3,748 $138,810 $48,720 $90,090
2014 $3,648 $138,810 $48,720 $90,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170425246

SmartMLS

APN: GROT-002608-000508-002842