NOT LISTED FOR SALE

8 Olive St Waterford, CT 06385

Estimated Value: $295,000 - $333,000

2 Beds
2 Baths
1,537 Sq Ft
$204/Sq Ft Est. Value

Sale Details

Date Sold: November 6, 2020

Last sale price $175,000 $114 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,989 / mo

11 Days on Market

Highlights

  • Cape Cod Architecture
  • Attic
  • No HOA
  • Waterford High School Rated A-
  • 1 Fireplace
  • 4-minute walk to Waterford Recreation Parks

About This Home

As of November 2020

What a great opportunity to own in Waterford in a neighborhood that is close to shopping, restaurants, and the public library. This home offers easy access to and from the highway. This beautiful red brick home offers many updates; the roof, heating system, and windows. Additionally, this home has a red brick fireplace surrounded by hardwood floors, and it is worth noting that this home sits on .34 acres which offers 150' of frontage. The oversized back yard can be enjoyed from the large patio. The kitchen and bathrooms need remodeling which you can make into your own style.

Last Agent to Sell the Property

Michael Morrissey

Compass Connecticut, LLC License #RES.0798247 Listed on: 09/03/2020

Compass Connecticut, LLC

Last Buyer's Agent

Scott Pellerin

Coldwell Banker Realty License #RES.0784146

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,090

Year Built

  • Built in 1938

Lot Details

  • 14,810 Sq Ft Lot
  • Level Lot
  • Property is zoned C-G

Home Design

  • Cape Cod Architecture
  • Gable Roof Shape
  • Brick Exterior Construction
  • Concrete Foundation
  • Stone Frame
  • Fiberglass Roof
  • Masonry Siding
  • Stone

Interior Spaces

  • 1,537 Sq Ft Home
  • 1 Fireplace
  • Concrete Flooring
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Crawl Space

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Patio

Schools

  • Great Neck Elementary School
  • Waterford High School

Utilities

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

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,090

Year Built

Built in 1938

Lot Details

0.34 Acres

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1537
  • Public Record Living Room Sq Ft: 1537
  • Total Sq Ft: 1537
  • Year Built: 1938
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3596
  • Directions: (Very close to Waterford H.S.) From Clark lane, turn left on to Boston Post Rd. (Rt.1). Olive street is the second street on the Right. From Boston Post Rd. Olive street is across from the Waterford H.S. on your left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Crawl Space
  • Basement Description: Partial With Walk-Out, Unfinished, Concrete Floor, Walk-out
  • Appliances: Electric Range, Refrigerator, Dishwasher
  • Attic: Yes

Exterior Features

  • Exterior Features: Patio
  • Exterior Siding: Brick
  • Foundation Type: Concrete
  • Roof Information: Fiberglass Shingle, Gable
  • Swimming Pool: No
  • Construction Description: Brick, Stone

Garage/Parking

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

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
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.3400
  • Lot Description: Level Lot
  • Zoning: C-G

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 3090
  • Mil Rate Base: 27.870
  • Assessor Parcel Number: 1588618

MLS Schools

  • Elementary School: Great Neck
  • High School: Waterford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Nov 5, 2020
Sold by
Lundborg James C Est and Labrie
Bought by
Zoubek Jerry J
Seller's Agent
Michael Morrissey
Compass Connecticut, LLC
Buyer's Agent
Scott Pellerin
Coldwell Banker Realty
List Price
$184,900
Sold Price
$175,000
Premium/Discount to List
-$9,900
-5.35%
Current Estimated Value
$314,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,106
Avg. Annual Appreciation
11.09%
Original Mortgage
$157,500
Outstanding Balance
$140,404
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$173,702
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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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 Buyer Sale Price Title Company
Zoubek Jerry J $175,000 None Available
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 Borrower Loan Amount
Open Zoubek Jerry J $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2020 11/06/20 Sold $175,000 -5.4% $114 / Sq Ft
09/03/2020 09/03/20 For Sale $184,900 -- $120 / Sq Ft
Source: SmartMLS

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 $3,468 $148,440 $61,490 $86,950
2024 $3,310 $148,440 $61,490 $86,950
2023 $3,147 $148,440 $61,490 $86,950
2022 $3,056 $110,880 $45,440 $65,440
2021 $3,065 $110,880 $45,440 $65,440
2020 $3,090 $110,880 $45,440 $65,440
2019 $3,102 $110,880 $45,440 $65,440
2018 $3,040 $110,880 $45,440 $65,440
2017 $3,129 $115,750 $48,120 $67,630
2016 $3,100 $115,750 $48,120 $67,630
2015 $2,990 $115,750 $48,120 $67,630
2014 $2,871 $115,750 $48,120 $67,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170333102

SmartMLS

APN: WATE-000133-000000-005791

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