NOT LISTED FOR SALE

124 Chestnut Ave Torrington, CT 06790

Estimated Value: $241,000 - $290,000

4 Beds
2 Baths
1,728 Sq Ft
$149/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $138,000 $80 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $1,860/month

262 Days on Market

Highlights

  • No HOA
  • Property is near shops
  • Level Lot
  • Thermal Windows
  • Baseboard Heating

About This Home

As of November 2020

This freshly painted 2 family home has hardwood floors, gas wall units for heat, electric baseboard is also available too. Both units have separate utilities, washer/dryer hook ups are located in the pantry area off the kitchens, the recent tenants did not use, both units have porches to relax on. The 1st floor has cabinets and counters are about a year old. The 2nd floor unit has brand new kitchen cabinets, counter tops and the floors were redone. Now is the time to own this 2 family home. You can live on 1 floor and earn money towards the mortgage from the other floor or rent out both units as an investment property. There is off street parking in the driveway or the back. This home is close to everything, Schools, restaurants, shopping and the highway.

Last Agent to Sell the Property

Kristi Houle Nadeau

Bottom Line Realty License #RES.0761896 Listed on: 02/18/2020

Last Buyer's Agent

Cindy Gaioni

KW Legacy Partners License #RES.0805384

KW Legacy Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,320

Year Built

  • Built in 1910

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 1,728 Sq Ft Home
  • Thermal Windows
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near shops

Schools

  • Torrington High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,320

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1728
  • Public Record Living Room Sq Ft: 1728
  • Total Sq Ft: 1728
  • Year Built: 1910
  • Nearby Amenities: Medical Facilities, Shopping/Mall
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Tax Year Updated Dt: 07/13/2020
  • Directions: Highland Ave to Chestnut
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full
  • Laundry Room Info: Hook-Up In Unit 1, Hook-Up In Unit 2
  • Attic: No

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.1300
  • Lot Description: Level Lot
  • Zoning: R6

Multi Family

  • Unit Count: 2
  • Total Multi Family: 10
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 3320
  • Mil Rate Base: 46.170
  • Assessor Parcel Number: 884551

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2020
Closed on
Nov 3, 2020
Sold by
Mcnerney William
Bought by
Tribble David H and Tribble Nicole M
Seller's Agent
Kristi Houle Nadeau
Bottom Line Realty
Buyer's Agent
Cindy Gaioni
KW Legacy Partners
List Price
$135,000
Sold Price
$138,000
Premium/Discount to List
$3,000
2.22%
Current Estimated Value
$259,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,424
Avg. Annual Appreciation
12.83%
Original Mortgage
$135,500
Outstanding Balance
$120,792
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$137,091

Purchase Details

Closed on
Jul 12, 2011
Sold by
Mcnerney Laura
Bought by
Mcnerney William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
4.6%

Purchase Details

Closed on
Jun 1, 2004
Sold by
Pfaender Wayne R and Pfaender April A
Bought by
Mcnerney William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,792
Interest Rate
5.94%

Purchase Details

Closed on
Jul 16, 2001
Sold by
Dellaghelfa Gary J and Dellaghelfa Kathleen V
Bought by
Pfaender Wayne R and Pfaender April A
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
Tribble David H $138,000 None Available
Mcnerney William -- --
Mcnerney William $130,000 --
Pfaender Wayne R $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tribble David H $135,500
Previous Owner Pfaender Wayne R $114,000
Previous Owner Pfaender Wayne R $19,792
Previous Owner Pfaender Wayne R $97,500
Previous Owner Pfaender Wayne R $53,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2020 11/06/20 Sold $138,000 +2.2% $80 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
09/26/2020 09/26/20 For Sale $135,000 -2.2% $78 / Sq Ft
09/11/2020 09/11/20 Off Market $138,000 -- --
08/13/2020 08/13/20 For Sale $135,000 -2.2% $78 / Sq Ft
08/05/2020 08/05/20 Off Market $138,000 -- --
02/18/2020 02/18/20 For Sale $135,000 0.0% $78 / Sq Ft
06/01/2017 06/01/17 Rented $700 0.0% --
05/22/2017 05/22/17 Under Contract -- -- --
04/30/2017 04/30/17 For Rent $700 0.0% --
02/28/2017 02/28/17 Rented $700 0.0% --
01/25/2017 01/25/17 For Rent $700 -12.5% --
10/04/2014 10/04/14 Rented $800 0.0% --
09/22/2014 09/22/14 Under Contract -- -- --
09/19/2014 09/19/14 For Rent $800 -- --
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 $6,032 $156,870 $26,880 $129,990
2024 $3,449 $71,900 $23,520 $48,380
2023 $3,448 $71,900 $23,520 $48,380
2022 $3,389 $71,900 $23,520 $48,380
2021 $3,320 $71,900 $23,520 $48,380
2020 $3,320 $71,900 $23,520 $48,380
2019 $3,992 $86,470 $43,680 $42,790
2018 $3,992 $86,470 $43,680 $42,790
2017 $3,956 $86,470 $43,680 $42,790
2016 $3,956 $86,470 $43,680 $42,790
2015 $3,956 $86,470 $43,680 $42,790
2014 $3,913 $107,730 $49,910 $57,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170235438

SmartMLS

APN: TORR-000110-000008-000007