NOT LISTED FOR SALE

8 William St Pawcatuck, CT 06379

Estimated Value: $440,608 - $621,000

6 Beds
3 Baths
3,427 Sq Ft
$158/Sq Ft Est. Value

Last Sold September 24, 2018

Last sale price $264,000 $77 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $3,425/month

7 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Porch
  • Stonington Middle School Rated A-
  • 6 Car Detached Garage
  • Covered Deck

About This Home

As of September 2018

Great location in lower Pawcatuck on quiet side street, walk to downtown Westerly. Great architectural features and a 2 car detached garage. All apartments are large with great potential for improvement. Wood floors and great investment property or for 1st time buyers it is cheaper to own then rent! Why rent when you can own for less??!! The 3rd floor exterior is vinyl sided and 1st and 2nd floor exterior siding is wood and needs scraping and painting.

Last Agent to Sell the Property

Dan Liese

Seaport Real Estate Services License #REB.0789399 Listed on: 08/06/2018

Last Buyer's Agent

Dan Liese

Seaport Real Estate Services License #REB.0789399 Listed on: 08/06/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,719

Year Built

  • Built in 1910

Lot Details

  • 0.26 Acre Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding
  • Vinyl Siding

Interior Spaces

  • 3,427 Sq Ft Home
  • Concrete Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 6 Car Detached Garage
  • Private Driveway
  • Unassigned Parking

Outdoor Features

  • Covered Deck
  • Porch

Location

  • Property is near public transit
  • Property is near a golf course

Schools

  • Stonington Middle School
  • Stonington High School

Utilities

  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,719

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Neighborhood: Pawcatuck
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3427
  • Public Record Living Room Sq Ft: 3427
  • Total Sq Ft: 3427
  • Year Built: 1910
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Paddle Tennis, Playground/Tot Lot, Private School(s), Public Rec Facilities, Public Transportation
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5471
  • Directions: Rte 1 (Broad St) to William St - house is on left
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full, Full With Hatchway, Shared Basement, Unfinished, Concrete Floor
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No

Exterior Features

  • Exterior Features: Covered Deck, Porch, Sidewalk
  • Exterior Siding: Clapboard, Vinyl Siding, Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Paved, Unassigned Parking
  • Garages Number: 6
  • Driveway Type: Private, Paved

Utilities

  • Heat Type: Radiator, Steam
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.2600
  • Lot Description: N/A
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RH-10

Multi Family

  • Unit Count: 3
  • Total Multi Family: 14
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 4719
  • Mil Rate Base: 22.680
  • Mil Rate Tax District: 1.580
  • Assessor Parcel Number: 2079118

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Stonington
  • High School: Stonington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2018
Closed on
Sep 24, 2018
Sold by
Pescatello Ann M and Pescatello John O
Bought by
Luzzi Laurie J and Luzzi Biagio
Seller's Agent
Dan Liese
Seaport Real Estate Services
Buyer's Agent
Dan Liese
Seaport Real Estate Services
List Price
$269,000
Sold Price
$264,000
Premium/Discount to List
-$5,000
-1.86%
Current Estimated Value
$541,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,152
Avg. Annual Appreciation
10.47%
Original Mortgage
$196,750
Outstanding Balance
$171,224
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$369,928
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
Luzzi Laurie J $264,000 --
Luzzi Laurie J $264,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luzzi Laurie J $196,750
Closed Luzzi Laurie J $196,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2018 09/24/18 Sold $264,000 -1.9% $77 / Sq Ft
08/13/2018 08/13/18 Pending -- -- --
08/06/2018 08/06/18 For Sale $269,000 -- $78 / 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 $6,950 $349,600 $66,300 $283,300
2024 $6,660 $349,600 $66,300 $283,300
2023 $5,599 $293,900 $66,300 $227,600
2022 $4,981 $194,500 $54,700 $139,800
2021 $4,989 $194,500 $54,700 $139,800
2020 $4,894 $194,500 $54,700 $139,800
2019 $4,884 $194,500 $54,700 $139,800
2018 $4,719 $194,500 $54,700 $139,800
2017 $4,244 $172,400 $54,700 $117,700
2016 $4,129 $172,400 $54,700 $117,700
2015 $3,876 $172,400 $54,700 $117,700
2014 $3,791 $172,400 $54,700 $117,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170113190

SmartMLS

APN: STON-000004-000003-000006