NOT LISTED FOR SALE

1097 Thompson Rd Thompson, CT 06277

Estimated Value: $301,844

2 Beds
3 Baths
3,819 Sq Ft
$79/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $168,000 $44 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,917/month

18 Days on Market

Highlights

  • 72 Acre Lot
  • 2 Car Detached Garage
  • Baseboard Heating
  • Corner Lot
  • Central Air

About This Home

As of January 2020

Great investment property with positive cash flow. Fully operational restaurant, 2 units and detached garage are all rented. Some upgrades have been completed already. High traffic location on a corner lot. Also see MLS #170259547

Last Agent to Sell the Property

FRANK DANNA

Statewide Premier Prop. LLC License #REB.0791020 Listed on: 12/26/2019

Last Buyer's Agent

Amy Rio

Executive Real Estate Inc. License #REB.0788717

Executive Real Estate Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,756

Year Built

  • Built in 1944

Lot Details

  • 72 Acre Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Metal Roof
  • Shingle Siding

Interior Spaces

  • 3,819 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Electric Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,756

Year Built

Built in 1944

Lot Details

72 Acres

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 3819
  • Public Record Living Room Sq Ft: 3819
  • Total Sq Ft: 3819
  • Year Built: 1944
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5164
  • Tax Year Updated Dt: 12/26/2019
  • Directions: Thompson Rd is Rt. 193. Corner of Thompson and Porter Plain Rd.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Description: Full With Hatchway
  • Attic: No

Exterior Features

  • Exterior Siding: Shingle
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle, Metal
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Lot Info

  • Acres: 72.0000
  • Lot Description: Corner Lot
  • Zoning: R-80

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 4756
  • Mil Rate Base: 33.410
  • Assessor Parcel Number: 1721841

Multi Family

  • Total Num Of Units: 3

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2023
Sold by
1097 Thompson Road Llc
Bought by
1097 Thompson Prop Llc
Current Estimated Value
$301,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Outstanding Balance
$188,457
Interest Rate
6.65%
Mortgage Type
Commercial
Estimated Equity
$113,387

Purchase Details

Closed on
Oct 25, 2021
Sold by
Armstrong Robert
Bought by
1097 Thompson Road Llc

Purchase Details

Listed on
Dec 26, 2019
Closed on
Jan 29, 2020
Sold by
M & T Bank Na
Bought by
Armstrong Robert
Seller's Agent
FRANK DANNA
Statewide Premier Prop. LLC
Buyer's Agent
Amy Rio
Executive Real Estate Inc.
List Price
$189,000
Sold Price
$168,000
Premium/Discount to List
-$21,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.00%

Purchase Details

Closed on
Sep 26, 2003
Sold by
Fetras Nicholas and Fetras Diane M
Bought by
Sezenias Vasilios

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.29%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1097 Thompson Prop Llc $242,500 None Available
1097 Thompson Prop Llc $242,500 None Available
1097 Thompson Road Llc -- None Available
1097 Thompson Road Llc -- None Available
Armstrong Robert $168,000 None Available
Armstrong Robert $168,000 None Available
Sezenias Vasilios $165,000 --
Sezenias Vasilios $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1097 Thompson Prop Llc $194,000
Closed 1097 Thompson Prop Llc $194,000
Previous Owner Sezenias Vasilios $240,000
Previous Owner Sezenias Vasilios $30,000
Previous Owner Sezenias Vasilios $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $168,000 -11.1% $44 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
12/26/2019 12/26/19 For Sale $189,000 -- $49 / Sq Ft
Source: SmartMLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,642 $191,700 $37,900 $153,800
2024 $4,782 $170,100 $32,500 $137,600
2023 $4,423 $170,100 $32,500 $137,600
2022 $4,256 $170,100 $32,500 $137,600
2021 $4,244 $170,100 $32,500 $137,600
2020 $4,122 $170,100 $32,500 $137,600
2019 $4,756 $171,400 $32,500 $138,900
2018 $4,756 $171,400 $32,500 $138,900
2017 $4,467 $171,400 $32,500 $138,900
2016 $4,467 $171,400 $32,500 $138,900
2015 $4,251 $171,400 $32,500 $138,900
2014 $3,289 $143,800 $36,100 $107,700
Source: Public Records

Agents Affiliated with this Home

  • FRANK DANNA

    Seller's Agent in 2020

    FRANK DANNA

    Statewide Premier Prop. LLC

    (860) 712-2888

    1 Total Sale

    FRANK DANNA
    Section Image
  • Amy Rio

    Buyer's Agent in 2020

    Amy Rio

    Executive Real Estate

    (860) 916-6048

    1 in this area

    1,116 Total Sales

    Amy Rio
    Section Image
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Map

Source: SmartMLS

MLS Number: 170259548

SmartMLS

APN: THOM-000118-000022-000007

Connecticut Windham County Thompson 06277

1097 Thompson Rd, Thompson, CT

Not Listed for Sale

MultiFamily

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