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38 Prospect Street

38 Prospect Street, Essex, CT 06426
Property in Essex
Sold Oct 13, 2016
$485,000
$436,500 by Liberty Federal Bank
Mortgage Due Oct 13, 2046
Sold Aug 17, 2004
$225,000
38 Prospect Street in Essex, CT was first built in 1890 and is 134 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 38 Prospect Street has 2,202 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 11,761 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a detached garage. The condition of the building has been evaluated as good. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 38 Prospect Street was last sold in Jan 1, 1970 for $485,000. According to our calculations, that's $220.25 per sqft. Prior to that sales transaction, the property was sold for $225,000 in Jan 1, 1970. Current property owners are expected to pay $6,768 in taxes per year. The property on 38 Prospect Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $299,600. To break that down further, the land itself was valued at $167,000. While improvements to the property were assessed at a total of $132,600. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 2,202
  • Gross Building Area: 4,260
  • Building Area: 2,202
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,202
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : STEWART SUSANNAH L
  • Previous Owner : CARLSON DYNASTY FT
  • Previous Owner 2: CARLSON JADA
  • Owner Before Previous Owner: EST MILLER CORNWALL
  • Owner Before Previous Owner 2: VARKALA EMILY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Regional High School District 04
  • School Tax School District: ESSEX SD
  • School Tax District Code 2: REGIONAL SD 04
  • Census Tract: 630102

Geography

  • Account Number: 202000
  • Parcel: ESSE M:32 B:048
  • Block: 48
  • Municipality: ESSEX
  • Latitude: 41.3534
  • Longitude: -72.3933

    Address

  • Full Address: 38 Prospect St
  • Address - House Number: 38
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: CT
  • City Name: Essex
  • Carrier Code: C001
  • 4-Digit Zip Code: 1021
  • Zip Code: 06426

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,768

    Appraisal Valuation

  • Standard Deviation: 0.2173
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 70
  • Final Value: 702,812
  • High Value: 855,549
  • Low Value: 550,076

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $436,500
  • First Open Lien Mortgage Lender: LIBERTY FEDERAL BANK
  • First Open Lien Mortgage Recording Date: Oct 13, 2016
  • First Open Lien Mortgage Loan Amount: $436,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 13, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $299,600
  • Assessed Land Value: $167,000
  • Assessed Improvements Value: $132,600

    Sales

  • Current Sale Recording Date: Oct 13, 2016
  • Current Sale Transaction ID: 1829700056
  • Current Sale Price: $485,000
  • Current Sale Document Type: Fiduciary Deed
  • Previous Sale Recording Date: Aug 17, 2004
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LIBERTY FEDERAL BANK
  • First Mortgage Transaction Date: Oct 13, 2016
  • First Mortgage Loan Amount: $436,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Oct 13, 2046

About Essex Village



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$6,500 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,637 ft²
Listing by Victoria Romanenko

Frequently Asked Questions

What neighborhood is 38 Prospect Street located in?
The 38 Prospect Street is a located in the neighborhood of Essex in Essex Village, Essex.
What is the average sales price for listings in 38 Prospect Street?
The average sales price for units in 38 Prospect Street is $0 currently.

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