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Off market
  • $183,400

    388 Route 2, Preston, CT 06365

    2beds
    660sqft
    SingleFamily
    Built in 1915
    3.5 Acres Lot
    $183,400 Zestimate®
    $278/sqft
    $1,705 Estimated rent

    Home value

    $183,400

    $141,000 - $229,000

    $1,705/mo

    Zestimate® history
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    What's special

    *** ATTENTION CASH BUYERS/INVESTORS/REHAB CONTRACTORS *** WONDERFUL MULTI-USE PROPERTY; CAN BE USED FOR RESIDENTIAL OR COMMERCIAL. FOR SALE - 3.50 ACRES; ZONED R-60 RESIDENTIAL PROPERTY WITH A DRILLED WELL AND CESSPOOL. LOCATION IS A CORNER LOT AT THE INTERSECTION OF NORWICH-WESTERLY RD (STATE ROUTE 2) AND SHEWVILLE RD. LAND IS LEVEL AND DRY (NO WETLANDS) AND SITUATED DIRECTLY ACROSS FROM THE PRESTON TOWN HALL/PUBLIC LIBRARY COMPLEX. ONLY 2 MILES FROM FOXWOODS RESORT & CASINO (https://www.foxwoods.com) SITE IS WITHIN A DESIGNATED RESORT/COMMERCIAL DISTRICT AS DEFINED BY THE ZONING COMMISSION. (REFER TO THE TOWN’S ZONING REGULATIONS AT THE BOTTOM OF THE PAGE FOR ADDITIONAL DETAILS). FORMER SITE OF “THE COMMONS” FILLING STATION THAT SOLD GASOLINE AND CONSUMABLE PRODUCTS TO THE PUBLIC FROM 1935-1983. TWO (2) SMALL (< 1000 GALS) UNDERGROUND FUEL STORAGE TANKS WERE REMOVED IN THE LATE 1970s. PHASE 1 ENVIRONMENTAL STUDY REPORT (ESR) COMPLETED IN 2007. NO EVIDENCE OF HAZARDOUS MATERIALS OR CONTAMINATION FOUND. SOIL AND WATER SAMPLES COLLECTED IN 2021 WERE TESTED BY A CERTIFIED ENVIRONMENTAL LABORATORY WHICH FOUND NO TRACES OF ANY SUBSURFACE CONTAMINATION. SMALL UNFURNISHED 1910s RANCH HOUSE IN POOR CONDITION IS ON THE PROPERTY AND INCLUDED. STRUCTURE IS SOUND BUT NEEDS EXTENSIVE COSMETIC AND MECHANICAL REPAIRS. SQUARE FOOTAGE: 660 2 BEDROOMS, 1 BATH, LR, KITCHEN AND FULL UNFINISHED BASEMENT. HARDWOOD FLOORS IN LR AND BEDROOMS. SEE ATTACHED PHOTOS. MUST SELL. ALL REASONABLE OFFERS CONSIDERED. PROSPECTIVE BUYERS ARE ENCOURAGED TO DO THEIR OWN DUE DILIGENCE WITH THE TOWN OF PRESTON REGARDING ZONING PRIOR TO SUBMITTING AN OFFER. https://www.preston-ct.org/DocumentCenter/View/1407/APPROVED-ZONING-REGULATIONS-March-18-2019 Selling “AS-IS”. NO OWNER/SELLER FINANCING. NO RENT-TO-OWN OR LEASE OPTION. SALE SUBJECT TO PROBATE COURT APPROVAL. CURRENT ASSESSED VALUE: $89,200 CURRENT APPRAISED VALUE: $128,000 source: https://gis.vgsi.com/prestonct/Parcel.aspx?Pid=1757 CIMLS # 955632

    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.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Baseboard, Other, Oil
    Cooling
    • None
    Features
    • Flooring: Hardwood, Linoleum / Vinyl
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 660 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Exterior features: Wood
    • Waterfront features: Not Applicable
    • Frontage length: 494
    Lot
    • Size: 3.50 Acres
    • Features: Level, Highway Access
    Details
    • Parcel number: PRESM240B2L388
    • Zoning: R-60

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1915

    Utilities & green energy

    • Sewer: Septic Required
    • Water: Well Required
    • Utilities for property: Cable Available, Electricity Available, Phone Connected, Gas Available

    Community & neighborhood

    Location
    • Region: Preston

    HOA & financial

    Other financial information
    • Total actual rent: 425000

    Other

    Other facts
    • AssociationYN: 0
    • RoadFrontageType: Highway
    • Utilities: Cable Available, Electricity Available, Phone Connected, Gas Available
    • Zoning: R-60
    • NumberOfLots: 1
    • LotFeatures: Level, Highway Access
    • FrontageLength: 494
    • ElectricOnPropertyYN: True
    • Sewer: Septic Required
    • WaterSource: Well Required
    • WaterfrontFeatures: Not Applicable
    • TotalActualRent: 425000.00
    • MlsStatus: Active

    Price history

    DateEventPrice
    9/30/2022Sold$60,000-53.8%$91/sqft
    Source: Public Record Report a problem
    5/24/2022Pending sale$129,900$197/sqft
    Source: Owner Report a problem
    3/28/2022Listed for sale$129,900$197/sqft
    Source: Owner Report a problem
    3/10/2022Listing removed--
    Source: Owner Report a problem
    9/8/2021Price change$129,900-7.1%$197/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,457 +7.4%$97,860
    2024$2,287 +1.8%$97,860
    2023$2,246 -9.7%$97,860 +9.7%

    Find assessor info on the county website

    Neighborhood: 06365

    Nearby schools

    GreatSchools rating
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    $183,400
    2% more+$3,668
    With Zillow Showcase(estimated)$187,068