NOT LISTED FOR SALE

116 Whitfield St Guilford, CT 06437

Estimated Value: $749,784

3 Beds
2 Baths
1,940 Sq Ft
$386/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $515,000 $265 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,792/month

64 Days on Market

Highlights

  • Attic
  • No HOA
  • Smart Locks
  • E.C. Adams Middle School Rated A-
  • Home Security System
  • 3-minute walk to Guilford Town Green

About This Home

As of June 2021

Prime and unique opportunity for investor or potential owner occupant. Building located steps off the Guilford green. Heavy foot traffic. Property is C-1 (commercial). First floor retail. Second floor is a two bedroom apartment. Second floor can be converted to office/studio or used for commercial purposes. Each unit has been completely renovated. 100 percent leased. Off street parking for multiple cars in rear of building. Inquire for rental income. Photos are of second floor only.

Last Agent to Sell the Property

Vincent Engingro

William Raveis Real Estate License #REB.0758083 Listed on: 01/14/2021

William Raveis Real Estate

Last Buyer's Agent

Vincent Engingro

William Raveis Real Estate License #REB.0758083 Listed on: 01/14/2021

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,564

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Brick Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,940 Sq Ft Home
  • Crawl Space
  • Attic or Crawl Hatchway Insulated

Home Security

  • Home Security System
  • Smart Lights or Controls
  • Smart Locks
  • Smart Thermostat

Eco-Friendly Details

  • Energy-Efficient Lighting

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,564

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1940
  • Total Sq Ft: 1940
  • Year Built: 1900
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Directions: GPS
  • Special Features: None

Interior Features

  • Attic Description: Access Via Hatch
  • Basement Description: Crawl Space
  • Attic: Yes
  • Home Automation: Lighting, Lock(s), Security System, Thermostat(s)
  • Street Number Modifier: 116

Exterior Features

  • Exterior Features: Gutters, Lighting, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Brick
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard, Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 40 Gallon Tank, 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.1200
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: C-1

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 9564
  • Total Assessed Value: 296010
  • Mil Rate Total: 32.310
  • Assessor Parcel Number: 999999999

Multi Family

  • Total Num Of Units: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Jun 30, 2021
Sold by
Engingro Vincent M
Bought by
Veritas Real Estate Llc
Seller's Agent
Vincent Engingro
William Raveis Real Estate
Buyer's Agent
Vincent Engingro
William Raveis Real Estate
List Price
$549,900
Sold Price
$515,000
Premium/Discount to List
-$34,900
-6.35%
Current Estimated Value
$749,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,784
Avg. Annual Appreciation
9.17%
Original Mortgage
$386,250
Outstanding Balance
$349,701
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$400,083

Purchase Details

Closed on
Jun 26, 2020
Sold by
Carter Daniel W and Carter Richard H
Bought by
Engingro Vincent M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,565
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 17, 2003
Sold by
Daw Nigel W and Daw Leila M
Bought by
Wyman David R and Staecker-Wyman Ingrid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,250
Interest Rate
5.81%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Veritas Real Estate Llc $515,000 None Available
Veritas Real Estate Llc $515,000 None Available
Engingro Vincent M $365,000 None Available
Engingro Vincent M $365,000 None Available
Wyman David R $585,000 --
Wyman David R $585,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veritas Real Estate Llc $386,250
Closed Veritas Real Estate Llc $386,250
Previous Owner Engingro Vincent M $337,565
Previous Owner Wyman David R $497,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2021 06/30/21 Sold $515,000 -1.9% $265 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
02/12/2021 02/12/21 Price Changed $524,900 -4.5% $271 / Sq Ft
01/14/2021 01/14/21 For Sale $549,900 0.0% $283 / Sq Ft
01/22/2014 01/22/14 Rented $1,250 0.0% --
01/21/2014 01/21/14 Under Contract -- -- --
01/09/2014 01/09/14 For Rent $1,250 +4.2% --
11/12/2013 11/12/13 Rented $1,200 0.0% --
11/12/2013 11/12/13 Under Contract -- -- --
09/23/2013 09/23/13 For Rent $1,200 -- --
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

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
2024 $9,627 $362,180 $240,800 $121,380
2023 $9,373 $362,180 $240,800 $121,380
2022 $9,842 $296,010 $218,810 $77,200
2021 $9,656 $296,010 $218,810 $77,200
2020 $9,564 $296,010 $218,810 $77,200
2019 $9,481 $296,010 $218,810 $77,200
2018 $9,259 $296,010 $218,810 $77,200
2017 $8,585 $292,420 $218,810 $73,610
2016 $8,384 $292,420 $218,810 $73,610
2015 $8,258 $292,420 $218,810 $73,610
2014 $8,018 $292,420 $218,810 $73,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170365958

SmartMLS

APN: GUIL-000000-000000-040168