NOT LISTED FOR SALE

126 Spring St Willimantic, CT 06226

Estimated Value: $109,515 - $226,000

8 Beds
3 Baths
1,830 Sq Ft
$93/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $77,600 $42 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,302/month

24 Days on Market

Highlights

  • City View
  • Baseboard Heating
  • Wood Siding
  • No HOA
  • Heating System Uses Steam

About This Home

As of June 2021

This 3 family home is a diamond in the rough sitting a stone throw away from Eastern CT State University and just 15 mins to UCONN! Great for student rentals or live in one and let the rents pay your mortgage. The property will NOT go FHA financing. 203k owner occupied loan would be perfect. All 3 units need to be updated with lots of renovation. Once finished this total of 8 bedrooms right near the university will produce a great cash flow.

Last Agent to Sell the Property

Gregory LaFlam

LaFlam Group License #REB.0792011 Listed on: 05/14/2021

Last Buyer's Agent

Gregory LaFlam

LaFlam Group License #REB.0792011 Listed on: 05/14/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,766

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,830 Sq Ft Home
  • City Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • Windham High School

Utilities

  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,766

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Willimantic
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1830
  • Public Record Living Room Sq Ft: 1830
  • Total Sq Ft: 1830
  • Year Built: 1900
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 3584
  • Directions: High st to spring st house is on the right.
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full
  • Attic: No

Exterior Features

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

Garage/Parking

  • Garage Parking Info: On Street Parking, Off Street Parking

Utilities

  • Heat Type: Baseboard, Steam
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.0800
  • Lot Description: City Views
  • Zoning: NPR2

Multi Family

  • Unit Count: 3
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 3766
  • Mil Rate Base: 36.800
  • Mil Rate Tax District: 13.180
  • Assessor Parcel Number: 2291863

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jun 23, 2021
Sold by
S & S Rentals Llc
Bought by
Gonzalez Pedro I and Marin-Robles Ximena G
Seller's Agent
Gregory LaFlam
LaFlam Group
Buyer's Agent
Gregory LaFlam
LaFlam Group
List Price
$125,000
Sold Price
$77,600
Premium/Discount to List
-$47,400
-37.92%
Current Estimated Value
$170,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,529
Avg. Annual Appreciation
19.24%

Purchase Details

Listed on
Jul 21, 2014
Closed on
Mar 7, 2016
Sold by
Windvest 2 Llc
Bought by
S & S Rentals Llc
Seller's Agent
Brian Hammett
Hammett Real Estate
Buyer's Agent
Brian Hammett
Hammett Real Estate
List Price
$120,000
Sold Price
$89,500
Premium/Discount to List
-$30,500
-25.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.65%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gonzalez Pedro I $77,600 None Available
S & S Rentals Llc $89,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner S & S Rentals Llc $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2021 06/25/21 Sold $77,600 -37.9% $42 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $125,000 +39.7% $68 / Sq Ft
03/04/2016 03/04/16 Sold $89,500 -25.4% $34 / Sq Ft View Prior Sale
01/25/2016 01/25/16 Pending -- -- --
07/21/2014 07/21/14 For Sale $120,000 -- $46 / Sq Ft
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 $4,908 $132,580 $21,470 $111,110
2024 $4,913 $132,580 $21,470 $111,110
2023 $3,572 $75,360 $18,670 $56,690
2022 $3,519 $75,360 $18,670 $56,690
2021 $3,775 $75,360 $18,670 $56,690
2020 $3,766 $75,360 $18,670 $56,690
2019 $3,705 $75,360 $18,670 $56,690
2017 $3,081 $64,720 $18,810 $45,910
2015 $2,976 $64,720 $18,810 $45,910
2014 $2,811 $64,720 $18,810 $45,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170401413

SmartMLS

APN: WIND-001303-000053-000005