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Off market
  • $505,400

    331 Route 163, Montville, CT 06353

    4beds
    3,242sqft
    Multi Family
    Built in 1945
    -- sqft lot
    $505,400 Zestimate®
    $156/sqft
    $1,654 Estimated rent

    Home value

    $505,400

    $470,000 - $541,000

    $1,654/mo

    Zestimate® history
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    What's special

    Welcome to this rare 2-family home set on a beautiful 3.27-acre lot in scenic Montville. Offering 4 bedrooms, 2.5 bathrooms, 2 additional rooms, and an in-law, this property provides exceptional flexibility for multigenerational living or rental income. The main home features generously sized living areas and a well-equipped kitchen with all new appliances. The in-law apartment has its own private entrance, full kitchen with new tile floors, and living space. Enjoy summer days in the in-ground pool with all new equipment. The home also includes a shared basement that offers additional storage or hobby space, and a spacious 3-bay garage with room for vehicles, equipment, or workshop use. This home sits on a hill overlooking Red Mill Pond. Sellers are motivated!! The in-law is used as a yearly rental and is also listed separately for $1,700 a month. Lease has been signed for a new tenant to move in September 1st, Lease ends August 31st 2026. Lease to transfer into new buyers name.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Source: William Raveis Real Estate, Mortgage & Insurance,MLS#: 24114954MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Baseboard
    Cooling
    • Wall Unit(s)
    Features
    • Basement: Yes
    Interior area
    • Total structure area: 3,242
    • Total interior livable area: 3,242 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: GarageDetached
    • Has garage: Yes
    Features
    • Has private pool: Yes
    Lot
    • Size: 3.27 Acres
    Details
    • Parcel number: MONTM023B075L000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1945

    Community & HOA

    Location
    • Region: Montville

    Financial & listing details

    • Price per square foot: $156/sqft
    • Tax assessed value: $201,250
    • Annual tax amount: $5,810
    • Date on market: 7/30/2025
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    10/21/2025Listing removed$549,900$170/sqft
    Source: Smart MLS #24114954 Report a problem
    8/16/2025Price change$549,900-2.7%$170/sqft
    Source: Smart MLS #24114954 Report a problem
    8/1/2025Listed for sale$564,900+49.1%$174/sqft
    Source: Smart MLS #24114954 Report a problem
    12/1/2021Sold$379,000+8.3%$117/sqft
    Source: Smart MLS #170429293 Report a problem
    9/27/2021Contingent$350,000$108/sqft
    Source: Smart MLS #170429293 Report a problem
    9/25/2021Price change$350,000-6.7%$108/sqft
    Source: Smart MLS #170429293 Report a problem
    8/27/2021Price change$375,000-6%$116/sqft
    Source: Smart MLS #170429313 Report a problem
    8/15/2021Listed for sale$399,000$123/sqft
    Source: Smart MLS #170429293 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,810 +4%$201,250
    2024$5,589 +0.5%$201,250 +0.5%
    2023$5,563 +4%$200,340
    2022$5,351 -7.4%$200,340 +10.1%
    2021$5,780 -1.9%$182,040
    2020$5,894 -0.4%$182,040
    2019$5,918 +2.5%$182,040
    2018$5,776 +0.1%$182,040
    2017$5,771 -11%$182,040 -14.7%
    2016$6,487 +1%$213,410
    2015$6,422 +2.5%$213,410
    2014$6,268 +1.1%$213,410
    2013$6,202 -0.9%$213,410
    2012$6,259 +12.5%$213,410 -11.8%
    2011$5,566 +2.7%$242,020
    2010$5,421 +4.5%$242,020
    2009$5,186 +2%$242,020
    2008$5,082 $242,020
    2007$5,082 +8.6%$242,020 +54.5%
    2006$4,679 +2.6%$156,690
    2005$4,560 +3.1%$156,690 -0.9%
    2004$4,425 +2.2%$158,190 0%
    2003$4,330 +18.5%$158,200 +14.7%
    1999$3,654 $137,900
    Find assessor info on the county website

    Neighborhood: Oxoboxo River

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Montville

    Source: William Raveis Real Estate, Mortgage & Insurance. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $505,400
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    With Zillow Showcase(estimated)
    $515,508