$200,000
SOLD JAN 30, 2025

85 Vernon Ave Vernon Rockville, CT 06066

5 Beds
2 Baths
1,692 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$118 Per Sq Ft

13% Below List Price

23 Days on Market

About This Home

As of January 2025

***INSTANT CASH FLOW ALERT*** Gross $33,600 annually Fantastic Two-Family Home in Vernon. Instant Cash Flow Opportunity! Discover this well-maintained two-family house in Vernon, perfect for investors or those looking to house hack! This property features a newly updated first floor and reliable tenants in place on the second floor, making it an ideal investment. First Floor: The inviting one-bedroom, one-bath unit has just been refreshed with new paint and flooring, creating a modern and appealing space. This unit is ready for a new tenant or could serve as a cozy owner-occupied residence. With a market rent of $1,200, it's a great opportunity to secure additional income right away. Second Floor: The spacious four-bedroom, one-bath unit with great tenants who are currently paying $1,600 per month. This established rental income provides instant cash flow and peace of mind for any investor. Key Features: - Newly painted and floored first-floor unit - One-bedroom unit ready for occupancy at $1,200/month - Four-bedroom unit with reliable tenants at $1,600/month (Below market value) - Strong cash flow potential from day one - Great location in Vernon, close to amenities and transportation Don't miss this opportunity to invest in a property that immediate returns and long-term potential.

Last Agent to Sell the Property

Krit wanpensri

Coldwell Banker Realty License #RES.0823241 Listed on: 11/11/2024

Coldwell Banker Realty

Last Buyer's Agent

Charles Boansi

Berkshire Hathaway NE Prop. License #RES.0812168

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,722

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 1 Parking Space

Home Design

  • 1,692 Sq Ft Home
  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Schools

  • Rockville High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 2 Units
  • Gross Income $33,600

Listing and Financial Details

  • Assessor Parcel Number 2362227

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,722

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1692
  • Total Sq Ft: 1692
  • Year Built: 1900
  • New Construction: No/Resale
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS friendly
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 1692
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement Description: None
  • Laundry Room Info: Hook-Up In Unit 2
  • Attic: No
  • Street Number Modifier: 85

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Total Parking Spaces: 1
  • Garage And Parking: None, Paved

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric, 30 Gallon Tank, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: Rockville

Lot Info

  • Acres: 0.13
  • Lot Description: N/A
  • Zoning: PND
  • Parcel #: 2362227

Multi Family

  • Gross Annual Income: 33600
  • Net Operating Income: 28598
  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 2722
  • Total Assessed Value: 77580
  • Mil Rate Total: 35.09

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Rockville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2024
Closed on
Jan 30, 2025
Sold by
Diaz Noel and Zocco Jessica
Bought by
Charter Oak Property Grou
Seller's Agent
Krit wanpensri
Coldwell Banker Realty
Buyer's Agent
Charles Boansi
Berkshire Hathaway NE Prop.
List Price
$230,000
Sold Price
$200,000
Premium/Discount to List
-$30,000
-13.04%
Views
85
Current Estimated Value
$206,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,314
Avg. Annual Appreciation
5.58%
Original Mortgage
$150,000
Outstanding Balance
$149,210
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$56,850

Purchase Details

Closed on
Jul 14, 2021
Sold by
83 Vernon Ave Llc
Bought by
Zocco Jessica and Diaz Noel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 11, 2014
Closed on
Jan 12, 2015
Sold by
Rehome Properties Llc
Bought by
83 Vernon Avenue Llc
Seller's Agent
Matt Lloyd
The Matt Lloyd Realty Team
Buyer's Agent
Carla Corrigan
eXp Realty
Sold Price
$800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.95%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 1, 2013
Sold by
Chen Xiu M
Bought by
Rehome Props Llc

Purchase Details

Closed on
Feb 9, 2001
Sold by
Robinson Priscilla and Bott John
Bought by
Miley Donna
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 Type Sale Price Title Company
Warranty Deed $200,000 None Available
Warranty Deed $200,000 None Available
Warranty Deed $110,000 None Available
Warranty Deed $110,000 None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $36,000 --
Warranty Deed $36,000 --
Warranty Deed $47,600 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 Purchase Money Mortgage
Closed $150,000 Purchase Money Mortgage
Previous Owner $82,500 Purchase Money Mortgage
Previous Owner $75,000 Adjustable Rate Mortgage/ARM
Previous Owner $0 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2025 01/30/25 Sold $200,000 -4.8% $118 / Sq Ft
12/04/2024 12/04/24 Pending -- -- --
12/02/2024 12/02/24 Price Changed $210,000 -8.7% $124 / Sq Ft
11/11/2024 11/11/24 For Sale $230,000 0.0% $136 / Sq Ft
01/12/2015 01/12/15 Rented $800 0.0% --
12/13/2014 12/13/14 Under Contract -- -- --
12/11/2014 12/11/14 For Rent $800 -- --
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 $2,722 $77,580 $25,470 $52,110
2023 $2,590 $77,580 $25,470 $52,110
2022 $2,590 $77,580 $25,470 $52,110
2021 $3,296 $83,160 $24,740 $58,420
2020 $3,296 $83,160 $24,740 $58,420
2019 $3,296 $83,160 $24,740 $58,420
2018 $3,296 $83,160 $24,740 $58,420
2017 $3,219 $83,160 $24,740 $58,420
2016 $3,179 $83,590 $29,790 $53,800
2015 $3,085 $83,590 $29,790 $53,800
2014 $3,018 $83,590 $29,790 $53,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24059673

SmartMLS

APN: VERN-000039-000087-000018