NOT LISTED FOR SALE

74 Upper Main St Sharon, CT 06069

Estimated Value: $1,112,310

9 Beds
6 Baths
11,154 Sq Ft
$100/Sq Ft Est. Value

Last Sold September 25, 2023

Last sale price $1,050,000 $94 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,953/month

141 Days on Market

Highlights

  • 1.64 Acre Lot
  • No HOA
  • Porch
  • Attic
  • 3 Car Detached Garage
  • Patio

About This Home

As of September 2023

An incredible opportunity to own one of the most prominent buildings in sought-after Sharon, CT. Located in the heart of this
quaint town, Rixon Manor offers three separate buildings housing a total of twelve residential units. There is also a three-car
detached garage. The main house contains four, one-bedroom apartments and five, two-bedroom apartments. The second
structure is a duplex with a two-bedroom and one-bedroom apartment. Lastly, the "Cottage" is a two-bedroom unit that
stands alone. This structure has been gutted and is ready for the new owner to renovate to maximize its potential. While this
offering already has a great income track history, there is plenty of room to increase profit.

Last Agent to Sell the Property

Adam Hade

Compass Connecticut, LLC License #REB.0792718 Listed on: 05/04/2023

Compass Connecticut, LLC

Last Buyer's Agent

Mike Gregor

Cohen Agency SiM, LLC License #REB.0791010

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,580

Year Built

  • Built in 1850

Lot Details

  • 1.64 Acre Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Masonry

Interior Spaces

  • 11,154 Sq Ft Home
  • Partially Finished Attic
  • Unfinished Basement

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Schools

  • Sharon Center Elementary School

Utilities

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

Community Details

  • No Home Owners Association
  • 12 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,580

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Neighborhood: Sharon Valley
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 11154
  • Total Sq Ft: 11154
  • Year Built: 1850
  • Nearby Amenities: Library, Medical Facilities, Private School(s)
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Tax Year Updated Dt: 06/26/2023
  • Directions: #74 Upper Main Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Attic Description: Partially Finished
  • Basement Description: Unfinished
  • Attic: Yes
  • Street Number Modifier: 74

Exterior Features

  • Exterior Features: Patio, Porch
  • Exterior Siding: Wood
  • Foundation Type: Masonry, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 3

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: 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: Sharon Center
  • High School: Per Board of Ed

Lot Info

  • Acres: 1.6400
  • Lot Description: Not Applicable
  • Zoning: 1

Multi Family

  • Unit Count: 6
  • Total Multi Family: 21
  • Total Num Of Units: 12

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 8580
  • Total Assessed Value: 595800
  • Mil Rate Base: 14.400
  • Mil Rate Total: 14.400
  • Assessor Parcel Number: 873391

MLS Schools

  • Elementary School: Sharon Center
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Sep 22, 2023
Sold by
Rixon Manor Llc
Bought by
Clt 9 Real Estate T and Patriot Way Investments L
Seller's Agent
Adam Hade
Compass Connecticut, LLC
Buyer's Agent
Mike Gregor
Cohen Agency SiM, LLC
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%
Total Days on Market
141
Views
136
Current Estimated Value
$1,112,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,310
Avg. Annual Appreciation
3.99%
Original Mortgage
$650,000
Outstanding Balance
$639,246
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$482,074

Purchase Details

Closed on
Feb 6, 2017
Sold by
Village Green Apts Llc
Bought by
Rixon Manor Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2005
Sold by
Max Prtnrs Lp
Bought by
Village Grn Apartment

Purchase Details

Closed on
Jan 22, 1998
Sold by
Grotto Joseph A
Bought by
Max Partners Lp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Clt 9 Real Estate T $1,050,000 None Available
Clt 9 Real Estate T $1,050,000 None Available
Rixon Manor Llc $410,000 --
Rixon Manor Llc $410,000 --
Village Grn Apartment $650,000 --
Village Grn Apartment $650,000 --
Max Partners Lp $535,000 --
Max Partners Lp $535,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clt 9 Real Estate T $650,000
Closed Clt 9 Real Estate T $650,000
Previous Owner Max Partners Lp $762,067
Previous Owner Max Partners Lp $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2023 09/25/23 Sold $1,050,000 -4.5% $94 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $1,100,000 -- $99 / 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 $8,505 $806,200 $129,400 $676,800
2023 $8,580 $595,800 $105,300 $490,500
2022 $8,580 $595,800 $105,300 $490,500
2021 $8,584 $592,000 $105,300 $486,700
2020 $8,525 $592,000 $105,300 $486,700
2019 $8,525 $592,000 $105,300 $486,700
2018 $6,918 $470,600 $103,400 $367,200
2017 $7,346 $499,700 $103,400 $396,300
2016 $7,196 $499,700 $103,400 $396,300
2015 $6,846 $499,700 $103,400 $396,300
2014 $6,621 $499,700 $103,400 $396,300
Source: Public Records

Agents Affiliated with this Home

  • Adam Hade

    Seller's Agent in 2023

    Adam Hade

    Compass Connecticut, LLC

    (914) 804-1754

    1 in this area

    90 Total Sales

    Adam Hade
    Section Image
  • Mike Gregor

    Buyer's Agent in 2023

    Mike Gregor

    Cohen Agency SiM, LLC

    (860) 866-7470

    1 in this area

    181 Total Sales

    Mike Gregor
    Section Image
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Map

Source: SmartMLS

MLS Number: 170567009

SmartMLS

APN: SHAR-000026-000062

Connecticut Litchfield County Sharon 06069

74 Upper Main St, Sharon, CT

This home is located at 74 Upper Main St, Sharon, CT 06069 since 04 May 2023 and is currently estimated at $1,112,310, approximately $99 per square foot. This property was built in 1850. 74 Upper Main St is a home located in Litchfield County with nearby schools including Housatonic Valley Regional High School and Indian Mountain 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.

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