NOT LISTED FOR SALE

930 Lake Dr Guilford, CT 06437

Estimated Value: $258,000 - $658,876

5 Beds
2 Baths
2,818 Sq Ft
$152/Sq Ft Est. Value

Last Sold May 03, 2019

Last sale price $125,000 $44 Per Sq Ft

Est. 243% increase in value since last sale

Current estimated payment $2,642/month

47 Days on Market

Highlights

  • Lake Front
  • Deck
  • Attic
  • A. Baldwin Middle School Rated A
  • Partially Wooded Lot
  • 1 Fireplace

About This Home

As of May 2019

A rare opportunity to own a multi family home in Guilford, with a little sweat equity this could be an great income producing property. Water views, and just moments away from Lake Quonnipaug, and 8.5 miles from the town beach.
Cape style home with large rooms, tons of windows and wood floors throughout. Huge kitchen with island offers great storage and counter space. Off the kitchen is the Family room, and a fireplace with a raised hearth. Family room adjoins 2nd living area with built ins, walls of windows creating a light cheerful space. The first floor has a separate unit with its own entry with 1 Bed, 1 Bath and kitchen. Could be an in-law suite or an income producing rental. Repairs and updating are needed throughout, but the potential is there. Public record shows as Duplex. there are two electric meters. Potential to switch to SFR if Township will allows.

Last Agent to Sell the Property

Donna Vaccaro

William Pitt Sotheby's Int'l License #RES.0795144 Listed on: 03/07/2019

William Pitt Sotheby's Int'l

Last Buyer's Agent

Nancy Hainsworth

William Raveis Real Estate License #RES.0290090

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,158

Year Built

  • Built in 1920

Lot Details

  • 0.65 Acre Lot
  • Lake Front
  • Partially Wooded Lot

Home Design

  • Side-by-Side
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 2,818 Sq Ft Home
  • 1 Fireplace
  • Water Views
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Parking Deck
  • Gravel Driveway

Outdoor Features

  • Walking Distance to Water
  • Deck

Schools

  • Melissa Jones Elementary School
  • Guilford High School

Utilities

  • Heating System Uses Oil
  • Private Company Owned Well
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,158

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2818
  • Public Record Living Room Sq Ft: 2818
  • Total Sq Ft: 2818
  • Year Built: 1920
  • Nearby Amenities: Lake
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Durham rd to Lake Dr
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Full
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Masonry, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Lake, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1
  • Driveway Type: Gravel

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.6500
  • Lot Description: Water View, Lightly Wooded
  • Zoning: R-3

Multi Family

  • Unit Count: 2
  • Total Multi Family: 10
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 6158
  • Mil Rate Base: 31.280
  • Assessor Parcel Number: 1115365

MLS Schools

  • Elementary School: Melissa Jones
  • High School: Guilford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2019
Closed on
Apr 15, 2019
Sold by
Wilmington Svgs Fund Soc
Bought by
Suitor James
Seller's Agent
Donna Vaccaro
William Pitt Sotheby's Int'l
Buyer's Agent
Nancy Hainsworth
William Raveis Real Estate
List Price
$139,900
Sold Price
$125,000
Premium/Discount to List
-$14,900
-10.65%
Current Estimated Value
$428,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,219
Avg. Annual Appreciation
20.54%

Purchase Details

Closed on
Jun 19, 2017
Sold by
Toal 3Rd James F and Wilmington Svngs Fund
Bought by
Wilmington Svngs Fund

Purchase Details

Closed on
Jul 7, 2016
Sold by
Toal Vicki G
Bought by
Toal 3Rd James F
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
Suitor James $115,000 --
Suitor James $115,000 --
Wilmington Svngs Fund -- --
Toal 3Rd James F -- --
Wilmington Svngs Fund -- --
Toal 3Rd James F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Toal 3Rd James F $304,000
Previous Owner Toal 3Rd James F $187,500
Previous Owner Toal 3Rd James F $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2019 05/03/19 Sold $125,000 -10.7% $44 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $139,900 -- $50 / 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 $4,645 $168,000 $112,000 $56,000
2024 $7,212 $271,320 $169,190 $102,130
2023 $7,022 $271,320 $169,190 $102,130
2022 $5,632 $169,370 $115,960 $53,410
2021 $5,525 $169,370 $115,960 $53,410
2020 $5,472 $169,370 $115,960 $53,410
2019 $6,306 $196,880 $129,470 $67,410
2018 $6,158 $196,880 $129,470 $67,410
2017 $7,140 $243,180 $139,790 $103,390
2016 $6,972 $243,180 $139,790 $103,390
2015 $6,867 $243,180 $139,790 $103,390
2014 $6,668 $243,180 $139,790 $103,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170169440

SmartMLS

APN: GUIL-000000-000000-065015