NOT LISTED FOR SALE

74 S Water St East Windsor, CT 06088

Estimated Value: $177,000 - $364,000

6 Beds
2 Baths
2,116 Sq Ft
$130/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $118,000 $56 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $1,887/month

69 Days on Market

Highlights

  • River Front
  • 2 Car Detached Garage
  • Level Lot
  • No HOA
  • Baseboard Heating

About This Home

As of January 2022

Not a VA/FHA property. Cash buyers and rehab loans only. Investors/handyman property that is fully rented and livable, but needs renovations. The garage is oversized with a second floor that is perfect as a contractors storage and office. Garage has a new roof, 100amp service and a 30 amp plug. The garage and lot alone are worth the price! Main house has a new 3 meter service panel. The garage is wired to be on its own meter. The property is in a Flood Zone - A and will require flood insurance (this is in the total expense number). $28k/annual rents.

Last Agent to Sell the Property

John Stratton

Berkshire Hathaway NE Prop. License #RES.0769647 Listed on: 07/20/2021

Berkshire Hathaway NE Prop.

Last Buyer's Agent

John Stratton

Berkshire Hathaway NE Prop. License #RES.0769647 Listed on: 07/20/2021

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,804

Year Built

  • Built in 1700

Lot Details

  • 0.27 Acre Lot
  • River Front
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • 2,116 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Basement Hatchway

Location

  • Flood Zone Lot

Schools

  • East Windsor High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $28,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,804

Year Built

Built in 1700

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 2116
  • Public Record Living Room Sq Ft: 2116
  • Total Sq Ft: 2116
  • Year Built: 1700
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Tax Year Updated Dt: 08/23/2021
  • Directions: Bridge street to South Water
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full, Hatchway Access
  • Attic: No
  • Street Number Modifier: 74

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: East Windsor

Lot Info

  • Acres: 0.2700
  • Lot Description: Level Lot
  • Flood Zone: Yes
  • Zoning: R-1

Multi Family

  • Gross Annual Income: 28200
  • Net Operating Income: 20200
  • Unit Count: 2
  • Total Multi Family: 10
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 3804
  • Total Assessed Value: 104500
  • Mil Rate Base: 34.500
  • Mil Rate Tax District: 1.900
  • Mil Rate Total: 36.400
  • Assessor Parcel Number: 525720

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: East Windsor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Jan 5, 2022
Sold by
Burnham Thomas C
Bought by
Mcjk Llc
Seller's Agent
John Stratton
Berkshire Hathaway NE Prop.
Buyer's Agent
John Stratton
Berkshire Hathaway NE Prop.
List Price
$129,900
Sold Price
$118,000
Premium/Discount to List
-$11,900
-9.16%
Current Estimated Value
$275,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,883
Avg. Annual Appreciation
20.65%

Purchase Details

Closed on
Dec 5, 2005
Sold by
Burnham John
Bought by
Burnham Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.87%

Purchase Details

Closed on
Apr 30, 2004
Sold by
Starr Michael
Bought by
Burnham Thomas and Burnham John
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
Mcjk Llc $118,000 None Available
Burnham Thomas $17,000 --
Burnham Thomas $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mcjk Llc $527,000
Previous Owner Burnham Thomas $120,000
Previous Owner Burnham Thomas $13,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $118,000 -9.2% $56 / Sq Ft
11/18/2021 11/18/21 For Sale $129,900 0.0% $61 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
08/27/2021 08/27/21 Price Changed $129,900 -7.1% $61 / Sq Ft
07/20/2021 07/20/21 For Sale $139,900 -- $66 / 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 $4,631 $171,320 $26,400 $144,920
2024 $4,482 $171,320 $26,400 $144,920
2023 $3,823 $104,500 $44,590 $59,910
2022 $3,796 $104,500 $44,590 $59,910
2021 $3,804 $104,500 $44,590 $59,910
2020 $3,806 $104,500 $44,590 $59,910
2019 $3,725 $104,500 $44,590 $59,910
2018 $3,689 $104,500 $44,590 $59,910
2017 $3,749 $110,050 $37,910 $72,140
2016 $3,536 $110,050 $37,910 $72,140
2015 $3,336 $110,050 $37,910 $72,140
2014 $3,277 $110,050 $37,910 $72,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170422036

SmartMLS

APN: EWIN-000111-000006-000019