Sold for $350,000

Street View

$350,000

50 Highland Dr, Monroe, CT 06468

1beds

1,011sqft

Condo

Built in 1995

-- sqft lot

$403,300 Zestimate^®

$346/sqft

$2,814 Estimated rent

Home value

$403,300

$383,000 - $423,000

$2,814/mo

Zestimate^® history

Owner options

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$2,814/mo

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$2,814/mo

Rent Zestimate^®

Refinance and save

$2,668/mo

Est. payment

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$2,668/mo

Est. payment

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What's special

Looking for a cash buyer for a great fix and flip/ long term investment/rental property located in Monroe, CT. Spacious 1 bed 2 1/2 bath condo unit located in Monroe's most sought after 55 and over community. One car garage, fully finished basement with 2nd bed room, full bath with walk in shower, large walk in closet, bonus room and dry storage, full walk up attic, and a nice open floor plan on main level. Property is sold "as is" and is subject to probate approval. Needs to be cleaned out (furniture, odds & ends, needs paint, flooring, counter tops and could use a new refrigerator & stove. Exterior and grounds maintained by homeowners association ($300.00 per month association dues). (Buyer to cover closing costs).. estimated resale value of 230k with an estimated 10k and sweat equity needed. Monthly rental potential between $1,800-2,400 per month.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Baseboard, Forced air, Electric

Cooling

Central

Appliances

Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer

Features

Flooring: Carpet, Laminate, Linoleum / Vinyl
Basement: Finished
Has fireplace: No

Interior area

Total interior livable area: 1,011 sqft

Property

Parking

Parking features: Garage - Attached, Off-street

Features

Exterior features: Wood
Has view: Yes
View description: Territorial

Details

Parcel number: MONRM126B025L00MD202050

Construction

Type & style

Home type: Condo

Materials

Roof: Shake / Shingle

Condition

Year built: 1995

Community & neighborhood

Community

Community features: Fifty Five Plus Active Community

Senior living

Senior community: Yes

Location

Region: Monroe

HOA & financial

HOA

Has HOA: Yes
HOA fee: $300 monthly

Price history

Date	Event	Price
5/10/2024	Sold	$350,000+44.3%$346/sqft
Source: Public Record Report a problem
11/4/2019	Sold	$242,500+70.8%$240/sqft
Source: Public Record Report a problem
4/25/2019	Sold	$142,000+9.3%$140/sqft
Source: Public Record Report a problem
8/1/1995	Sold	$129,900$128/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,907 +12%	$240,900 +49.5%
2024	$6,165 +1.9%	$161,100
2023	$6,049 +1.9%	$161,100
2022	$5,938 +1.4%	$161,100
2021	$5,858 +2.5%	$161,100
2020	$5,716 +10.9%	$161,100 +11.3%
2019	$5,152 +1%	$144,800
2018	$5,103 -1.4%	$144,800
2017	$5,178 +4.1%	$144,800
2015	$4,974 +7%	$144,800 -3.4%
2014	$4,650 +2%	$149,940
2013	$4,560 +3.9%	$149,940
2012	$4,387 +1.6%	$149,940
2011	$4,317 -14.5%	$149,940 -15.4%
2010	$5,052 -3.4%	$177,310
2009	$5,231 +2.9%	$177,310
2008	$5,085 +4.6%	$177,310
2007	$4,862 +5.1%	$177,310
2006	$4,624 +8.4%	$177,310
2005	$4,264 +5.1%	$177,310
2004	$4,057 +20.2%	$177,310 +60.6%
2003	$3,376 +9.4%	$110,390
2001	$3,085 +10.3%	$110,390
2000	$2,798 +2%	$110,390 +2%
1999	$2,743	$108,220