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388 Falls Avenue

388 Falls Avenue, Oakville, CT 06779
House in Watertown
Sold Dec 29, 2020
$199,900
Sold Feb 10, 2020
$62,500
$118,125 by Tidal Loans Llc
Mortgage
388 Falls Avenue in Oakville, CT was first built in 1920 and is 104 years old. Although, the building on the property was most recently renovated and altered in 1984. 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 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 388 Falls Avenue has 1,459 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 10,454 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a attached garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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 hot water heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 388 Falls Avenue sold most recently in Dec 22, 2020 for a total of $199,900. If you work out the math, that's approximately a cost of $137.01 per sqft. Before that, the property was also sold for $62,500 in Jan 20, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,197 in taxes each year. 388 Falls Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $141,000. If we break it down further, the land itself was valued at $37,000. Improvements to the property, however, were assessed at a total of $104,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Aluminum Siding

Parking

Attached Garage
Detached Garage
Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 888
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 1,459
  • Gross Building Area: 2,534
  • Building Area: 1,459
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,459
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ROSARIO MATLANDY
  • Previous Owner : AMEN HOMES LLC
  • Owner Before Previous Owner: 382 LAKE SHORE LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Watertown School District
  • School Tax School District: WATERTOWN SD
  • Census Tract: 360300

Zoning

  • Zoning: R125

Geography

  • Account Number: 5473
  • Parcel: WTWN M:125 B:187 L:10
  • Block: 187
  • Lot: 10
  • Municipality: WATERTOWN
  • Latitude: 41.5973
  • Longitude: -73.0747

    Address

  • Full Address: 388 Falls Ave
  • Address - House Number: 388
  • Address - Street Name: Falls
  • Address - Suffix Type: Ave
  • State: CT
  • City Name: Oakville
  • Carrier Code: C001
  • 4-Digit Zip Code: 1412
  • Zip Code: 06779

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,197

    Appraisal Valuation

  • Standard Deviation: 0.2117
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 322,109
  • High Value: 390,318
  • Low Value: 253,901

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $141,000
  • Assessed Land Value: $37,000
  • Assessed Improvements Value: $104,000

    Sales

  • Current Sale Contract Date: Dec 22, 2020
  • Current Sale Recording Date: Dec 29, 2020
  • Current Sale Transaction ID: 11810738605
  • Current Sale Price: $199,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 123732
  • Previous Sale Recording Date: Feb 10, 2020
  • Previous Sale Contract Date: Jan 20, 2020
  • Previous Sale Amount: $62,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BESTWAY MORTGAGE CORP
  • First Mortgage Transaction Date: Dec 29, 2020
  • First Mortgage Loan Amount: $169,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: TIDAL LOANS LLC
  • Previous Mortgage Transaction Date: Feb 10, 2020
  • Previous Mortgage Loan Amount: $118,125
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Oakville



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Frequently Asked Questions

What neighborhood is 388 Falls Avenue located in?
The 388 Falls Avenue is a house located in the neighborhood of Watertown in Oakville, Oakville.
What is the average sales price for listings in 388 Falls Avenue?
The average sales price for units in 388 Falls Avenue is $0 currently.

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