NOT LISTED FOR SALE

85 River Rd Unit J1 Essex, CT 06426

Estimated Value: $365,000 - $391,000

2 Beds
1 Bath
1,006 Sq Ft
$534/mo HOA Fee

Last Sold April 01, 2023

Last sale price $325,000 $323 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,916/month

2 Days on Market

Highlights

  • Pool House
  • River Front
  • 1 Fireplace
  • Valley Regional High School Rated A-
  • Ranch Style House
  • End Unit

About This Home

As of April 2023

Beautiful! Waterfront, ground floor, end unit, two bedroom condominium minutes from the village of Essex. Wood burning fireplace, hardwood floors and an open floor plan with warm finishing touches add to this one of kind property. Large stone patio with awning over looking pristine North Cove. Wonderful natural setting with spectacular sun and moon rises, distant views of the Lyme hills. Just a few steps to the association dock and kayak launch.

Last Agent to Sell the Property

Patrick Kilty

William Raveis Real Estate License #RES.0796616 Listed on: 01/20/2023

William Raveis Real Estate

Last Buyer's Agent

Kate Lombardi

Coccomo Real Estate LLC License #RES.0794213

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,897

Year Built

  • Built in 1967

Lot Details

  • River Front
  • End Unit

HOA Fees

  • $534 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Shingle Siding
  • Shake Siding
  • Stucco Exterior

Interior Spaces

  • 1,006 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Basement

  • Partial Basement
  • Basement Storage

Parking

  • 1 Car Garage
  • Attached Carport

Pool

  • Pool House
  • Heated In Ground Pool
  • Gunite Pool

Schools

  • Essex Elementary School
  • Regional District 4 High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiant Heating System
  • Private Water Source
  • Electric Water Heater

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, water, sewer, property management, pest control, road maintenance, insurance
  • 104 Units
  • Heritage Cove Condominium Associatio Community
  • Property managed by Heritage Cove Condo Assoc

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,897

Year Built

Built in 1967

Lot Details

0

HOA Fees

$534 per month

Listing Details

  • Neighborhood: Essex Village
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch, Apartment
  • Sq Ft Est Heated Above Grade: 1006
  • Public Record Living Room Sq Ft: 1006
  • Total Sq Ft: 1006
  • Year Built: 1967
  • Property Sub Type: Condominium
  • Direct Waterfront: Yes
  • Encumbrances Restrictions: Renting, Trailer(S), Truck(S)
  • End Unit: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1149
  • Condo Model Name: ground floor apartment
  • Directions: North Main st. to River Road. Straight through the Book Hill intersection. Half a mile on the right #85 Heritage Cove large Green sign.
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Partial, Storage
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Laundry Room Location: In unit
  • Attic: No
  • Street Number Modifier: 85

Exterior Features

  • Exterior Siding: Shingle, Shake, Stucco
  • Waterfront Description: Direct Waterfront, River, Dock or Mooring
  • Swimming Pool: Yes
  • Pool: Pool House, In Ground Pool, Heated, Gunite
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Carport
  • Garages Number: 1

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Radiant
  • Heat Fuel Type: Electric
  • Hot Water Description: 40 Gallon Tank, Electric
  • Water Source: Private Water System
  • Sewer: Shared Septic

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Water, Sewer, Property Management, Pest Control, Road Maintenance, Insurance
  • Complex Name: Heritage Cove Condominium Associatio
  • Levels In Unit: 1
  • HOA Fees: 534
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-on Site
  • Property Manager Email: heritagecove82@gmail.com
  • Property Manager Name: Patrick Kilty
  • Property Mgt Company Name: Heritage Cove Condo Assoc

Schools

  • Elementary School: Essex
  • High School: Regional District 4

Lot Info

  • Elevation Certificate: Yes
  • Flood Zone: No
  • Zoning: RU

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 2897
  • Total Assessed Value: 127900
  • Mil Rate Base: 22.650
  • Mil Rate Total: 22.650
  • Assessor Parcel Number: 987922

Multi Family

  • Total Num Of Units: 104

MLS Schools

  • Elementary School: Essex
  • High School: Regional District 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2023
Closed on
Mar 22, 2023
Sold by
Wiley Patricia M Est
Bought by
Esposito Joan and Esposito Thomas
Seller's Agent
Patrick Kilty
William Raveis Real Estate
Buyer's Agent
Kate Lombardi
Coccomo Real Estate LLC
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%
Views
44
Current Estimated Value
$375,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,869
Avg. Annual Appreciation
1.51%
Original Mortgage
$243,750
Outstanding Balance
$237,536
Interest Rate
6.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$99,464

Purchase Details

Listed on
Sep 5, 2014
Closed on
Sep 18, 2014
Sold by
Sullivan Leslie J Est
Bought by
Wiley Patricia M
Seller's Agent
Kathy Schellens
William Pitt Sotheby's Int'l
Buyer's Agent
Patrick Kilty
William Raveis Real Estate
List Price
$249,900
Sold Price
$235,000
Premium/Discount to List
-$14,900
-5.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.87%

Purchase Details

Closed on
Feb 20, 2007
Bought by
Sullivan Leshlie

Purchase Details

Closed on
Jun 27, 2000
Sold by
Hoeffel Madeline R
Bought by
Martin Robert S and Martin Anita R

Purchase Details

Closed on
Jun 15, 1995
Sold by
Wessberg Agnes N
Bought by
Hoeffel Madeline R
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
Esposito Joan -- None Available
Esposito Joan -- None Available
Wiley Patricia M $235,000 --
Wiley Patricia M $235,000 --
Sullivan Leshlie -- --
Sullivan Leshlie -- --
Martin Robert S $185,000 --
Martin Robert S $185,000 --
Hoeffel Madeline R $110,000 --
Hoeffel Madeline R $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Esposito Joan $243,750
Closed Esposito Joan $243,750
Previous Owner Wessberg Agnes N $112,000
Previous Owner Wessberg Agnes N $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2023 04/01/23 Sold $325,000 -7.1% $323 / Sq Ft
01/20/2023 01/20/23 For Sale $350,000 +48.9% $348 / Sq Ft
09/18/2014 09/18/14 Sold $235,000 -6.0% $233 / Sq Ft
09/05/2014 09/05/14 Pending -- -- --
09/05/2014 09/05/14 For Sale $249,900 -- $248 / 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 $4,058 $217,800 $0 $217,800
2024 $3,931 $217,800 $0 $217,800
2023 $2,889 $127,900 $0 $127,900
2022 $2,897 $127,900 $0 $127,900
2021 $2,869 $127,900 $0 $127,900
2020 $2,789 $127,900 $0 $127,900
2019 $2,769 $127,900 $0 $127,900
2018 $3,096 $141,700 $0 $141,700
2017 $3,112 $141,700 $0 $141,700
2016 $3,058 $141,700 $0 $141,700
2015 $2,987 $141,700 $0 $141,700
2014 $2,974 $141,700 $0 $141,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170545975

SmartMLS

APN: ESSE-000012-000000-000007-J000000-1