Seller's Agent in 2022
Michelle Sarpu
Asset Real Estate
(860) 608-0454
1 in this area
10 Total Sales
87 Mechanic St Unit 89 Pawcatuck, CT 06379
Estimated Value: $375,000 - $542,000
5
Beds
4
Baths
1,756
Sq Ft
$258/Sq Ft
Est. Value
Highlights
- No HOA
- Storm Windows
- Property is near shops
- Stonington Middle School Rated A-
- Shed
- Hot Water Circulator
About This Home
As of July 2022Lovely Multi-Family side by side located in Pawcatuck. This home has been recently updated from the Kitchens to the Bathrooms.The Bathroom has tile in shower & tile on the floor. The Kitchen has granite countertops & new cabinets & newer Appliances. Unit 87 has a waterfall pond in the Fenced in yard for your enjoyment. Unit 89 has a Shed on the property for plenty of storage. The home has Hardwood floors in Hallway and LR & Bedrooms. The Electrical has been updated to breakers & a newer Roof. The back yards are both large with plenty of room and separated per unit.The back yard is totally fenced and split between the properties for privacy. A great investment property to either rent both or live in one and rent the other. The location makes this a great property for Walking distance to shops and dining.
Last Agent to Sell the Property
Asset Real Estate License #RES.0802483 Listed on: 05/25/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,383
Year Built
- Built in 1890
Lot Details
- 6,098 Sq Ft Lot
- Level Lot
Home Design
- Side-by-Side
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Aluminum Siding
Interior Spaces
- 1,756 Sq Ft Home
- Concrete Flooring
Bedrooms and Bathrooms
- 5 Bedrooms
Unfinished Basement
- Heated Basement
- Basement Fills Entire Space Under The House
- Basement Hatchway
Home Security
- Storm Windows
- Storm Doors
Parking
- Private Driveway
- Off-Street Parking
Outdoor Features
- Shed
- Rain Gutters
Location
- Flood Zone Lot
- Property is near shops
Utilities
- Hot Water Heating System
- Heating System Uses Gas
- Heating System Uses Natural Gas
- Hot Water Circulator
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Exclusions: See inclusion-exclusion
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 25, 2022
Closed on
Jun 30, 2022
Sold by
Stankiewicz James
Bought by
Manfredi Dillon R
Seller's Agent
Michelle Sarpu
Asset Real Estate
Buyer's Agent
Donald Geehan
Compass Connecticut, LLC
List Price
$308,000
Sold Price
$378,000
Premium/Discount to List
$70,000
22.73%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,005
Avg. Annual Appreciation
5.48%
Original Mortgage
$280,000
Outstanding Balance
$265,994
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$187,011
Purchase Details
Listed on
Jul 22, 2020
Closed on
Aug 12, 2020
Sold by
Bessette Eugene S and Bessette Nancy M
Bought by
Stankiewicz James
Seller's Agent
Wendy Brown
The Brown Group Realty
Buyer's Agent
Ron Donovan
RE/MAX on the Bay
List Price
$125,000
Sold Price
$130,000
Premium/Discount to List
$5,000
4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.43%
Purchase Details
Closed on
Apr 25, 1986
Bought by
Bessette Eugene S and Bessette Nancy M
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Manfredi Dillon R | $378,000 | None Available | |
| Manfredi Dillon R | $378,000 | None Available | |
| Stankiewicz James | $130,000 | None Available | |
| Stankiewicz James | $130,000 | None Available | |
| Bessette Eugene S | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Manfredi Dillon R | $280,000 | |
| Closed | Manfredi Dillon R | $280,000 | |
| Previous Owner | Bessette Eugene S | $64,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/01/2022 07/01/22 | Sold | $378,000 | +22.7% | $215 / Sq Ft | |
| 05/29/2022 05/29/22 | Pending | -- | -- | -- | |
| 05/25/2022 05/25/22 | For Sale | $308,000 | +136.9% | $175 / Sq Ft | |
| 08/14/2020 08/14/20 | Sold | $130,000 | +4.0% | $74 / Sq Ft | View Prior Sale |
| 08/02/2020 08/02/20 | Pending | -- | -- | -- | |
| 07/31/2020 07/31/20 | For Sale | $125,000 | -- | $71 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $5,018 | $252,400 | $36,900 | $215,500 |
| 2024 | $4,808 | $252,400 | $36,900 | $215,500 |
| 2023 | $4,809 | $252,400 | $36,900 | $215,500 |
| 2022 | $2,873 | $112,200 | $33,100 | $79,100 |
| 2021 | $2,383 | $92,900 | $33,100 | $59,800 |
| 2020 | $2,337 | $92,900 | $33,100 | $59,800 |
| 2019 | $2,333 | $92,900 | $33,100 | $59,800 |
| 2018 | $2,254 | $92,900 | $33,100 | $59,800 |
| 2017 | $1,965 | $79,800 | $28,000 | $51,800 |
| 2016 | $1,911 | $79,800 | $28,000 | $51,800 |
| 2015 | $1,794 | $79,800 | $28,000 | $51,800 |
| 2014 | $1,755 | $79,800 | $28,000 | $51,800 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Sarpu
-
Donald Geehan
Buyer's Agent in 2022
Donald Geehan
Compass Connecticut, LLC
(401) 952-0105
2 in this area
20 Total Sales
-
W
Seller's Agent in 2020
Wendy Brown
The Brown Group Realty
-
Ron Donovan
Buyer's Agent in 2020
Ron Donovan
RE/MAX
(860) 287-1216
1 in this area
50 Total Sales
Map
Source: SmartMLS
MLS Number: 170494404
APN: STON-000004-000017-000009
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