NOT LISTED FOR SALE

857 Main St Monroe, CT 06468

Estimated Value: $426,000 - $591,000

5 Beds
3 Baths
2,362 Sq Ft
$213/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $255,000 $108 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,069/month

83 Days on Market

Highlights

  • 2.14 Acre Lot
  • Secluded Lot
  • Attic
  • Stepney Elementary School Rated A
  • Partially Wooded Lot
  • 2 Fireplaces

About This Home

As of November 2018

Outstanding opportunity abounds this incredible property. This 2.14 Private, level, landscaped lot offers (3) separate rental apartments. This is a town approved 2 family home built in 1900, #857A -1310 sq ft-1st floor 2 bedrms, hardwd flrs, stone fireplace, French doors, Sun porch, oil baseboard hot water heat (Lots of possibilities) #857B - 2nd floor 1052 sq ft-2 bedrms , living rm, kitchen, bathroom, hardwd flrs, pantry & gas Propane heat. Separate electric (100 amps all 3 apartments) & heat in this 2 family. (only share hot water). Detached garage with full in law apartment - Built in 1947, #859 - Approved 4 rm in law over two car detached garage, 880 sq ft upper & 300 sq ft extra room lower, 4 rooms, Kitchen, 1 bedroom, Living room, fireplace, wood flrs, porch/deck (owner occupied) 2 family home features 3 year old newer roof & 1st floor 5 year old furnace. Artesian well & septic (everything has been updated) In law over garage - only interested buyers after they view the 2 family will need 2nd apt to view apt over garage (Owner has lived in the in law apt for 70 years) Entire Estate is being sold "AS IS"

Last Agent to Sell the Property

Mary Adzima

Coldwell Banker Realty License #RES.0769139 Listed on: 06/28/2018

Coldwell Banker Realty

Co-Listed By

Christine Aquila

Coldwell Banker Realty License #RES.0802464

Last Buyer's Agent

Bill Luby

Property World License #RES.0792835

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,714

Year Built

  • Built in 1900

Lot Details

  • 2.14 Acre Lot
  • Secluded Lot
  • Level Lot
  • Partially Wooded Lot
  • Many Trees

Home Design

  • Stone Foundation
  • Stone Frame
  • Frame Construction
  • Asphalt Shingled Roof
  • Shingle Siding
  • Stone

Interior Spaces

  • 2,362 Sq Ft Home
  • Ceiling Fan
  • 2 Fireplaces
  • Concrete Flooring
  • Unfinished Basement
  • Crawl Space
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Basement Garage
  • Tuck Under Garage
  • Dirt Driveway

Schools

  • Masuk High School

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Private Company Owned Well
  • Hot Water Circulator
  • Propane Water Heater
  • Fuel Tank Located in Basement

Additional Features

  • Multiple Entries or Exits
  • Patio
  • Property is near golf course and shops

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,714

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Monroe Center
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2362
  • Total Sq Ft: 2362
  • Year Built: 1900
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Putting Green, Shopping/Mall, Tennis Courts
  • Remarks Public Addendum: Easement at entrance of driveway approximately 50-60 feet log in & go with 2 family home first. If buyer is interested in putting an offer in on this estate, Owner lives in apartment over garage and we will need to call and confirm prior to your visit.
  • Property Sub Type: 2 Family
  • Handicap Features: Multiple Entries/Exits
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Route 25 - interior 2 family - Driveway across the street from Organic Natural Foods Expo.
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 2
  • Attic Description: Crawl Space
  • Basement Description: Unfinished, Concrete Floor
  • Laundry Room Location: 1st flr w&d-2nd flr hook up & in law W&D
  • Laundry Room Info: Washer/Dryer Some Units
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage, Under House Garage
  • Garages Number: 2
  • Driveway Type: Private, Dirt

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard, Hot Water, Zoned
  • Heat Fuel Type: Oil, Propane
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric, Propane
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 2.1400
  • Lot Description: Secluded, Level Lot, Lightly Wooded, Treed
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RF1

Multi Family

  • Unit Count: 3
  • Total Multi Family: 13
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 7714
  • Mil Rate Base: 35.240
  • Assessor Parcel Number: 177645

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2019
Sold by
Luby Jane
Bought by
Luby William
Current Estimated Value
$473,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$263,580
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$239,208

Purchase Details

Listed on
Jun 28, 2018
Closed on
Nov 30, 2018
Sold by
Stowe Virginia
Bought by
Luby William and Luby Jane
Seller's Agent
Mary Adzima
Coldwell Banker Realty
Buyer's Agent
Bill Luby
Property World
List Price
$262,000
Sold Price
$255,000
Premium/Discount to List
-$7,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%
Original Mortgage
$195,150
Interest Rate
4.8%
Mortgage Type
New Conventional
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
Luby William -- --
Luby William -- --
Luby William $260,200 --
Luby William $260,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luby William $300,000
Closed Luby William $300,000
Previous Owner Luby William $195,150
Previous Owner Luby William $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2018 11/30/18 Sold $255,000 -2.7% $108 / Sq Ft
09/19/2018 09/19/18 Pending -- -- --
06/28/2018 06/28/18 For Sale $262,000 -- $111 / 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 $7,385 $257,570 $100,870 $156,700
2024 $9,016 $235,600 $85,700 $149,900
2023 $8,847 $235,600 $85,700 $149,900
2022 $8,684 $235,600 $85,700 $149,900
2021 $8,505 $233,900 $85,700 $148,200
2020 $8,299 $233,900 $85,700 $148,200
2019 $7,788 $218,900 $92,900 $126,000
2018 $7,714 $218,900 $92,900 $126,000
2017 $7,828 $218,900 $92,900 $126,000
2016 $7,662 $218,900 $92,900 $126,000
2015 $7,519 $218,900 $92,900 $126,000
2014 $8,752 $282,240 $115,500 $166,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170098348

SmartMLS

APN: MONR-000103-000003