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245 Cherry Ave

Watertown, CT 06795

1 bd 1 ba 728 sqft Built 1968 condos
Most recent sale
$173,000
Apr 9, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 28, 2025 Sold $177,000 SMARTMLS
Feb 22, 2025 Listed $184,900 SMARTMLS
Apr 12, 2024 Listed $169,500 SMARTMLS
Apr 9, 2024 Sold $173,000 SMARTMLS
Feb 7, 2024 Listed $169,500 SMARTMLS
Jun 14, 2022 Sold $148,625 Public Record
May 20, 2022 Sold $148,625 SMARTMLS
Mar 7, 2022 Listed $139,900 MLS #170471635
May 26, 2006 Sold $105,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $84,700 $84,700 $2,544
2023 $45,200 $45,200 $1,666
2022 $40,800 $40,800 $1,426
2021 $40,800 $40,800 $1,410
2020 $40,800 $40,800 $1,354
2019 $40,800 $40,800 $1,354
2018 $41,900 $41,900 $1,407
2017 $41,900 $41,900 $1,336
2016 $41,900 $41,900 $1,294
2015 $41,900 $41,900 $1,261
2013 $55,800 $55,800 $1,400
2006 $42,800 $42,800 $972
2004 $42,800 $42,800 $872
2003 $29,120 $29,120 $754

Property facts

Year built
1968
Property type
condos
Stories
2
Beds
1
Baths
1
Living area
728 sqft
Lot size
ZIP code
06795
City
Watertown
Street
Cherry Ave
Coordinates
41.59153, -73.11511

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,092
Gross rental yield
7.57%
Implied cap rate
4.92%
Trend-extrapolated value

Frequently asked questions

When did 245 Cherry Ave last sell?
245 Cherry Ave most recently sold on Apr 9, 2024 for $173,000.
What is the current tax assessment for 245 Cherry Ave?
The most recent total assessment for 245 Cherry Ave (year 2025) is $84,700 with $2,544 in property tax.
How does 245 Cherry Ave's assessment compare to its last sale price?
The current assessment is 51.0% below the last sale price of $173,000.
When was 245 Cherry Ave built?
245 Cherry Ave was built in 1968.
How does 245 Cherry Ave compare to others on Cherry Ave?
We track 8 other properties on Cherry Ave. Browse the list under "Other properties on Cherry Ave" to compare beds, baths, and sale history.
What are the property facts for 245 Cherry Ave?
245 Cherry Ave is a 1 bed, 1 bath, 728 sqft condos.
Is 245 Cherry Ave a flip candidate?
No — 245 Cherry Ave does not appear in our flips dataset.
Is 245 Cherry Ave a tax-appeal candidate?
No — 245 Cherry Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.6%
Implied 1-yr
+14.3%
2026 Q3
$536.3K
2026 Q4
$551.8K
ZIP 06795 — Median Price History + Forecast

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