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    197 Mechanic St Pawcatuck, CT 06379-2157
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    Property profile & analytics

    197 Mechanic St, Pawcatuck, CT 06379-2157

    View on Map

    • Showrooms
    • 7,827 SF
    • 1.20 lot acres
    Off-Market
    Last Sale May 7, 2024
    $800,000
    Property ID
    US15-0941348
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $800,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Connors & O'Brien Marina / Marina
    • Mercury Go Boldly. / Department Store

    Property Details for 197 Mechanic St

    Year built
    1920
    Construction
    STEEL FRAME
    Lot size
    1.20 lot acres
    Zone code
    MC-80
    Property type
    Showrooms
    APN
    STON M:5 B:3 L:10
    APU
    STONM5B3L10

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 7, 2024 $800,000 Nwm Property Group LLC Tl Hld LLC Warranty Deed —
    Dec 27, 2016 $1,070,370 Tl Holding LLC D Steele Properties Ll Warranty Deed $1M · Charter Oak Fed Cu
    Dec 27, 2016 — Tl Holding LLC — Deed · related $205k · Morgan W Flaherty
    Sep 13, 2010 $560,000 D Steele Prop LLC John J Hickey Warranty Deed $480k · Dime Svgs Bk Ofnorwch
    Aug 14, 2009 — Marine Enterprises INC — Deed Of Trust · related $50k · Donald J Difrancesca
    Jun 18, 1996 — Marine Enterprises INC — Deed Of Trust · related $350k · Norwich Savings Society
    Jan 8, 1993 — John Hickey — Deed Of Trust · related $100k · Washington Trust Co
    — — Tl Holding LLC — Deed Of Trust · related $205k · Morgan W Flaherty

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $800,000
      ML approach
      $800,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $543,000
      Market price range: $464k - $915k
      AI Estimate
      $563,000
      Market price range: $363k - $1.13M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $720,000
      Current use
      OFFICE BUILDING
      $1,075,000
      Change: +49% Conversion: Easy
      RETAIL STORES
      $870,000
      Change: +21% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $665,000
      Change: -8% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Pawcatuck
    County
    New London
    State
    Connecticut
    Longitude
    -71.8394
    Latitude
    41.3648
    CBSA code
    35980
    CBSA name
    NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,981
    $299,700
    $224,200
    $523,900
    -
    $0.00
    $0.00
    $0.00
    More about this property
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