NOT LISTED FOR SALE

127 Chestnut Ave Torrington, CT 06790

Estimated Value: $318,000 - $409,000

5 Beds
2 Baths
2,203 Sq Ft
$161/Sq Ft Est. Value

Last Sold December 19, 2019

Last sale price $155,000 $70 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $2,562/month

18 Days on Market

Highlights

  • No HOA
  • Hot Water Circulator
  • Private Driveway
  • 2 Car Detached Garage
  • Baseboard Heating
  • Level Lot

About This Home

As of December 2019

CASH COW!!!!! Two family located on the west side. Long Term tenants with great cash flow. Investors and first time home buyers! Great property, priced right to sell. Suitable for owner-occupied and second apartment rental income to pay mortgage, or two rental units. First floor unit has 2 bedrooms, 1 full bath, large living room, dining room, large kitchen, and porch access. Second floor unit has 3 bedrooms, 1 full bath, large living room, dining room, large kitchen, bonus room, and porch access. Well maintained and ready to move in.

Last Agent to Sell the Property

John Papp

The Bella Group, LLC License #REB.0792847 Listed on: 10/16/2019

Last Buyer's Agent

William Stajos

Raynard & Peirce Realty,LLC License #RES.0811567

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,549

Year Built

  • Built in 1900

Lot Details

  • 0.27 Acre Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 2,203 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Private Driveway

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,549

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 2203
  • Public Record Living Room Sq Ft: 2203
  • Total Sq Ft: 2203
  • Year Built: 1900
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 3834
  • Directions: GPS Friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full
  • Laundry Room Info: Basement Hook-Up(s), Hook-Up In Unit 1
  • Attic: No

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Private

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.2700
  • Lot Description: Level Lot
  • Zoning: R6

Multi Family

  • Unit Count: 2
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 4549
  • Mil Rate Base: 46.170
  • Assessor Parcel Number: 891077

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

Closed on
Dec 4, 2024
Sold by
Mendez Jacob S
Bought by
Johns Prop Llc
Current Estimated Value
$357,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Outstanding Balance
$261,413
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$93,922

Purchase Details

Listed on
Oct 16, 2019
Closed on
Dec 19, 2019
Sold by
Martins Joseph A
Bought by
Mendez Jacob S
Seller's Agent
John Papp
The Bella Group, LLC
Buyer's Agent
William Stajos
Raynard & Peirce Realty,LLC
List Price
$150,000
Sold Price
$155,000
Premium/Discount to List
$5,000
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.88%
Original Mortgage
$152,192
Interest Rate
2.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 3, 2006
Sold by
Jackson Richard and Jackson Sheila
Bought by
Martins Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
6.58%
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
Johns Prop Llc $330,000 None Available
Johns Prop Llc $330,000 None Available
Johns Prop Llc $330,000 None Available
Mendez Jacob S $155,000 None Available
Mendez Jacob S $155,000 None Available
Martins Joseph A $179,000 --
Martins Joseph A $179,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johns Prop Llc $264,000
Closed Johns Prop Llc $264,000
Previous Owner Mendez Jacob S $152,192
Previous Owner Martins Joseph A $140,000
Previous Owner Martins Joseph A $143,200
Previous Owner Martins Joseph A $20,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2019 12/19/19 Sold $155,000 +3.3% $70 / Sq Ft
11/03/2019 11/03/19 Pending -- -- --
10/16/2019 10/16/19 For Sale $150,000 -- $68 / 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 $8,193 $213,080 $27,160 $185,920
2024 $4,252 $88,640 $23,760 $64,880
2023 $4,251 $88,640 $23,760 $64,880
2022 $4,178 $88,640 $23,760 $64,880
2021 $4,093 $88,640 $23,760 $64,880
2020 $4,093 $88,640 $23,760 $64,880
2019 $4,549 $98,530 $44,140 $54,390
2018 $4,549 $98,530 $44,140 $54,390
2017 $4,508 $98,530 $44,140 $54,390
2016 $4,508 $98,530 $44,140 $54,390
2015 $4,508 $98,530 $44,140 $54,390
2014 $4,672 $128,640 $54,250 $74,390
Source: Public Records

Agents Affiliated with this Home

  • John Papp

    Seller's Agent in 2019

    John Papp

    The Bella Group, LLC

    (860) 601-0267

    10 in this area

    34 Total Sales

    John Papp
    Section Image
  • William Stajos

    Buyer's Agent in 2019

    William Stajos

    Raynard & Peirce Realty,LLC

    (860) 307-0786

    2 in this area

    17 Total Sales

    William Stajos
    Section Image
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Map

Source: SmartMLS

MLS Number: 170244866

SmartMLS

APN: TORR-000110-000011-000013

Connecticut Litchfield County Torrington 06790

127 Chestnut Ave, Torrington, CT

Not Listed for Sale

MultiFamily

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