NOT LISTED FOR SALE

986 Essex Rd Westbrook, CT 06498

Estimated Value: $376,000

-- Bed
4 Baths
4,067 Sq Ft
$92/Sq Ft Est. Value

Last Sold April 15, 2013

Last sale price $165,000 $41 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $2,372/month

181 Days on Market

Highlights

  • 1.12 Acre Lot
  • Outdoor Storage
  • Level Lot
  • Westbrook Middle School Rated A-
  • Baseboard Heating
  • Wood Siding

About This Home

As of April 2013

As is, 5 units total which incl 1091sq ft ranch, a bldg w/ 3 apts & garage,+ 2 addtl detached garages 1 w/apt, all on 1.12 Acres. Ranch needs updtng, all other units need major repairs. Subject to probate approval. Also listed as investment mls#g622940.
Commercial opportunities may be an option w/town approvals

Last Agent to Sell the Property

Linda O'Hara

William Raveis Real Estate License #RES.0063231 Listed on: 05/23/2012

William Raveis Real Estate

Last Buyer's Agent

Bill Belcher

Berkshire Hathaway NE Prop. License #REB.0044360

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,213

Year Built

  • Built in 1929

Lot Details

  • 1.12 Acre Lot
  • Level Lot

Home Design

  • Wood Siding
  • Cement Siding

Interior Spaces

  • 4 Full Bathrooms
  • 4,067 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Storage

Schools

  • Westbrook Elementary School
  • Westbrook High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Private Company Owned Well
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 5 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,213

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Total Sq Ft: 4067
  • Year Built: 1929
  • Directions: I-95 to exit 65 to rte 153 (westbrook- essex rd)
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Full Bathrooms: 4
  • Basement Description: Full With Hatchway, Unfinished
  • Interior Amenities: Cable - Available
  • Attic: No
  • Stories Number Of: 1
  • Street Number Modifier: 986

Exterior Features

  • Exterior Features: Storage Building
  • Exterior Siding: Cement Block, Wood

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Garages Number: 3
  • Driveway Type: Asphalt
  • Total Parking Spaces: 10

Utilities

  • Heat Type: Baseboard, Hot Air
  • Heat Fuel Type: Electric, Oil
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Schools

  • Elementary School: Westbrook
  • High School: Westbrook

Lot Info

  • Acres: 1.1200
  • Lot Description: Level Lot, Sloping Lot

Rental Info

  • Lease Purchase: No

Multi Family

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

Tax Info

  • Property Tax: 6213
  • Total Assessed Value: 296160
  • Assessor Parcel Number: 1039401

MLS Schools

  • Elementary School: Westbrook
  • High School: Westbrook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2012
Closed on
Apr 15, 2013
Sold by
Radomski Amelia
Bought by
986 Essex Road Nt
Seller's Agent
Linda O'Hara
William Raveis Real Estate
Buyer's Agent
Bill Belcher
Berkshire Hathaway NE Prop.
List Price
$349,900
Sold Price
$165,000
Premium/Discount to List
-$184,900
-52.84%
Current Estimated Value
$376,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,000
Source: Public Records

Range of Values:

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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
986 Essex Road Nt $165,000 --
986 Essex Road Nt $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 986 Essex Road Nt $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2013 04/15/13 Sold $165,000 -52.8% $41 / Sq Ft
11/20/2012 11/20/12 Pending -- -- --
05/23/2012 05/23/12 For Sale $349,900 -- $86 / 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 $11,867 $527,430 $91,060 $436,370
2024 $11,445 $527,430 $91,060 $436,370
2023 $11,245 $527,430 $91,060 $436,370
2022 $10,949 $527,430 $91,060 $436,370
2021 $9,310 $372,410 $45,560 $326,850
2020 $9,310 $372,410 $45,560 $326,850
2019 $9,187 $372,410 $45,560 $326,850
2018 $9,076 $372,410 $45,560 $326,850
2017 $9,076 $372,410 $45,560 $326,850
2016 $9,053 $391,230 $56,950 $334,280
2015 $8,112 $360,390 $56,950 $303,440
2014 $7,000 $321,260 $56,950 $264,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: G622943

SmartMLS

APN: WBRO-000149-000000-000001