NOT LISTED FOR SALE

87 Main St Deep River, CT 06417

Estimated Value: $782,424

Studio
-- Bath
3,787 Sq Ft
$207/Sq Ft Est. Value

Last Sold September 15, 2016

Last sale price $445,000 $118 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,090/month

42 Days on Market

Highlights

  • Deck
  • Attic
  • Patio
  • Valley Regional High School Rated A-
  • No HOA
  • Baseboard Heating

About This Home

As of September 2016

Unique investment opportunity in the heart of Deep River. This property offers retail space directly on Main Street; a multi-family with 2 - 2 bedroom units with oil baseboard heat, 1 - 1 bedroom unit and 1 studio - both with electric heat; and a 3 bedroom Cape on Prospect Street with vinyl siding and oil baseboard heat. The Cape rents for $1400/month, and the retail space rents at $750/month. All are in good condition and ready for their next investor.
Also available as commercial N10144863.

Last Agent to Sell the Property

Craig Milton

Re/Max Valley Shore License #REB.0756400 Listed on: 06/24/2016

Re/Max Valley Shore

Last Buyer's Agent

Colette Harron

William Pitt Sotheby's Int'l License #RES.0761689

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,234

Year Built

  • Built in 1850

Lot Details

  • 0.44 Acre Lot
  • Level Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,787 Sq Ft Home
  • 2-Story Property
  • Storage In Attic

Parking

  • 1 Car Garage
  • Parking Deck
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Deep River Elementary School
  • Regional District 4 High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,234

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Total Sq Ft: 3787
  • Year Built: 1850
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Properties front on both Main Street and Prospect Street.
  • Special Features: None
  • Stories: 2

Interior Features

  • Attic Description: Storage Space
  • Attic: Yes
  • Stories Number Of: 2

Exterior Features

  • Exterior Features: Deck, Patio
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Garages Number: 1
  • Total Parking Spaces: 14

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.4400
  • Lot Description: Level Lot

Rental Info

  • Lease Purchase: No

Multi Family

  • Unit Count: 5
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 10234
  • Assessor Parcel Number: 961929

MLS Schools

  • Elementary School: Deep River
  • High School: Regional District 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2016
Closed on
Sep 15, 2016
Sold by
Strempel Mark J
Bought by
Clock Shop Llc
Seller's Agent
Craig Milton
Re/Max Valley Shore
Buyer's Agent
Colette Harron
William Pitt Sotheby's Int'l
List Price
$460,000
Sold Price
$445,000
Premium/Discount to List
-$15,000
-3.26%
Current Estimated Value
$782,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,424
Avg. Annual Appreciation
6.50%

Purchase Details

Closed on
Oct 15, 1984
Bought by
Strempel Mark J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Clock Shop Llc $445,000 --
Strempel Mark J $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Strempel Mark J $125,000
Previous Owner Strempel Mark J $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2016 09/15/16 Sold $445,000 -3.3% $118 / Sq Ft
08/05/2016 08/05/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $460,000 -- $121 / 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 $11,992 $374,990 $67,970 $307,020
2024 $11,767 $374,990 $67,970 $307,020
2023 $11,205 $374,990 $67,970 $307,020
2022 $10,867 $374,990 $67,970 $307,020
2021 $11,092 $374,990 $67,970 $307,020
2020 $11,149 $371,770 $81,620 $290,150
2019 $10,937 $371,770 $81,620 $290,150
2018 $10,937 $371,770 $81,620 $290,150
2017 $10,752 $371,770 $81,620 $290,150
2016 $10,235 $371,770 $81,620 $290,150
2015 $9,202 $350,140 $75,530 $274,610
2014 $9,062 $350,140 $75,530 $274,610
Source: Public Records

Agents Affiliated with this Home

  • Craig Milton

    Seller's Agent in 2016

    Craig Milton

    RE/MAX

    (860) 388-1228

    36 in this area

    208 Total Sales

    Craig Milton
    Section Image
  • Colette Harron

    Buyer's Agent in 2016

    Colette Harron

    William Pitt

    (860) 304-2391

    2 in this area

    77 Total Sales

    Colette Harron
    Section Image
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Map

Source: SmartMLS

MLS Number: N10144866

SmartMLS

APN: DEEP-000056-000000-000113

Connecticut Middlesex County Deep River 06417

87 Main St, Deep River, CT

Not Listed for Sale

MultiFamily

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