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$528,900

Beds
3
Baths
2.0
sq ft
1,266

558 Davis St, Oakville, CT 06779

558 Davis St

Watertown, CT 06779

  • 27 days on market
Welcome to the Golden Ranch, a beautifully remodeled ranch situated on 2.57 acres! With R-12 zoning, owners have the potential to subdivide the land into two parcels, allowing for up to three units per lot. This makes 558 Davis Street an excellent investment opportunity! You can either convert this single-family home into a multi-unit property or keep it as a single residence and enjoy the serene landscape from the oversized dining room, complemented by large windows and doors. The mid-century modern charm is evident in the walnut wood paneling that surrounds the living room, which features a wood-burning fireplace and an abundance of natural light throughout the day. Revel in watching the sunrise and sunset, taking in the peaceful atmosphere from every part of the home. The property is surrounded by mature trees and includes a spacious, level rear lot with a large stone patio for outdoor dining and enjoyment. Additionally, there is a large basement, and ample garage space for storage. The property boasts a new hot water and boiler unit, garage doors, windows, insulation, stainless steel appliances, and fresh paint. This unique property offers a rare investment opportunity to own a mid-century modern updated ranch nestled on private, subdividable land. Buyers are encouraged to conduct their due diligence with town planning and zoning.

Details

Property type

Single Family Residence

Est. home value

$304,005

Lot size

2.57 acres

Price per sq ft

$418

Year built

1964

Annual property taxes

$5,422

Price History

10/25/2024
SmartMLS

SmartMLS #24055014

Listed
$528,900
+67.9%
10/10/2023
SmartMLS

SmartMLS #170592209

Sold
$315,000

Schools & Community

Elementary school: 

John Trumbull

Middle school: 

Swift

High school: 

Watertown

Community features: 

Pool

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Pennymac Loan Services Llc

Loan start date

October 2023

Original loan amount

$210,000

Est. remaining balance

Not provided

Interest rate

7.23%

Loan type

Purchase Money Mortgage

Seller

David A Schemenaur

Lender

Pennymac Loan Services Llc

Loan start date

October 2023

Original loan amount

$210,000

Est. remaining balance

Not provided

Interest rate

7.23%

Loan type

Purchase Money Mortgage

Seller

David A Schemenaur

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 8:15 AM

Listing updated: 11/15/2024 at 8:50 AM

Listed by: Mar Jennings, Higgins Group Bedford Square Phone #: (203) 984-5203

MLS: SmartMLS #24055014

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