NOT LISTED FOR SALE

123 Wellsville Ave New Milford, CT 06776

Estimated Value: $388,000 - $472,021

3 Beds
2 Baths
1,729 Sq Ft
$259/Sq Ft Est. Value

Last Sold October 10, 2024

Last sale price $452,000 $261 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,169/month

44 Days on Market

Highlights

  • Property is near public transit
  • Tankless Water Heater
  • Hot Water Heating System
  • Attic
  • Public Transportation
  • Private Driveway

About This Home

As of October 2024

Well maintained 2 family home on desirable Wellsville Ave. Perfect for investment, or owner occupied. Private back yard, deck. Walk to town, shopping, restaurants, and public transportation. Both apartments are currently occupied. First floor unit has a 2-bedroom large living/dining area with skyline, huge master bedroom and eating kitchen with stairs to the basement for the laundry room. Extra finished basement space towards back of the house with sliding doors to the back. 1st floor oil heat tankless 2nd floor electric heat. Basement is on the owner's meter. Property being sold "as is". Inspections to be done for informational purposes only.

Last Agent to Sell the Property

Tino Marcal

Marcal Realty LLC License #REB.0788869 Listed on: 08/27/2024

Last Buyer's Agent

Betty Hensal

William Pitt Sotheby's Int'l License #REB.0751481

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,009

Year Built

  • Built in 1900

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 1,729 Sq Ft Home
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 6 Parking Spaces
  • Private Driveway

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Oil
  • Tankless Water Heater
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Community Details

  • 2 Units
  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 1871501

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,009

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Aspetuck District
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1729
  • Total Sq Ft: 1729
  • Year Built: 1900
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Lake, Library, Park, Playground/Tot Lot, Public Transportation, Tennis Courts, Walk to Bus Lines
  • Remarks Public Addendum: Well maintained 2 family home on desirable Wellsville Ave. Perfect for investment, or owner occupied. Private back yard, deck. Walk to town, shopping, restaurants, and public transportation. Both apartments are currently occupied. First floor unit has a 2-bedroom large living/dining with skyline area, huge master bedroom and eating kitchen with stairs to the basement for the laundry room. Extra finished basement space towards back of the house with sliding doors to the back. 1st floor oil heat tankless 2nd floor electric heat. Basement is on the owner's meter. Property being sold "as is". Inspections to be done for informational purposes only.
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: gps
  • Financing Used: Conventional Fixed
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Laundry Room Location: basement
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 123

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Private, Asphalt
  • Total Parking Spaces: 6
  • Garage And Parking: None, Driveway, Paved, Off Street Parking

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.21
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: R8
  • Parcel #: 1871501

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 5009
  • Total Assessed Value: 168260
  • Mil Rate Total: 29.77

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2024
Closed on
Oct 8, 2024
Sold by
Fernandes Jack
Bought by
Jimenez Jose S
Seller's Agent
Tino Marcal
Marcal Realty LLC
Buyer's Agent
Betty Hensal
William Pitt Sotheby's Int'l
List Price
$430,000
Sold Price
$452,000
Premium/Discount to List
$22,000
5.12%
Views
10
Current Estimated Value
$447,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,495
Avg. Annual Appreciation
-1.32%
Original Mortgage
$387,000
Outstanding Balance
$383,689
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$63,816

Purchase Details

Closed on
Feb 19, 1986
Bought by
Fernandes Jack
Source: Public Records

Range of Values:

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Average Value
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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
Jimenez Jose S $452,000 None Available
Jimenez Jose S $452,000 None Available
Fernandes Jack -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jimenez Jose S $387,000
Closed Jimenez Jose S $387,000
Previous Owner Fernandes Jack $135,000
Previous Owner Fernandes Jack $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2024 10/10/24 Sold $452,000 +5.1% $261 / Sq Ft
08/27/2024 08/27/24 For Sale $430,000 0.0% $249 / Sq Ft
01/05/2013 01/05/13 Rented $950 -5.0% --
12/06/2012 12/06/12 Under Contract -- -- --
09/11/2012 09/11/12 For Rent $1,000 -- --
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
2025 $8,275 $271,320 $52,080 $219,240
2024 $5,009 $168,260 $40,090 $128,170
2023 $4,876 $168,260 $40,090 $128,170
2022 $4,770 $168,260 $40,090 $128,170
2021 $4,706 $168,260 $40,090 $128,170
2020 $4,619 $161,070 $41,650 $119,420
2019 $4,623 $161,070 $41,650 $119,420
2018 $4,537 $161,070 $41,650 $119,420
2017 $4,389 $161,070 $41,650 $119,420
2016 $4,312 $161,070 $41,650 $119,420
2015 $4,756 $177,800 $41,650 $136,150
2014 $4,676 $177,800 $41,650 $136,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24042458

SmartMLS

APN: NMIL-000035-000003-000040