NOT LISTED FOR SALE

141 Migeon Ave Torrington, CT 06790

Estimated Value: $192,930 - $306,000

6 Beds
2 Baths
2,333 Sq Ft
$111/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $145,000 $62 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,915/month

123 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Porch
  • Attic
  • No HOA
  • Storm Windows

About This Home

As of February 2021

Attractive, well maintained 2-family home with off-street parking for 5-6 vehicles and local business zoning! This spacious home is situated on a small and easy to maintain level lot on the northwest end of town. The first floor unit features 2 bedrooms, a kitchen, dining room, living room, plus bathroom with tub & shower. The upstairs unit has 2 bedrooms, a kitchen, dining room, living room, a porch, plus an additional 2 bedrooms and lots of storage in the finished 3rd floor attic. Each unit has its own designated area in the driveway, so tenants are responsible for their own snow removal and don't have to worry about shuffling cars to get in and out. Conveniently located walking distance to shopping and restaurants. 1st floor unit can easily be converted into office space. If you’re just getting started with real estate investing, this easy to manage property represents a wonderful opportunity to get your feet wet, and if you’re a seasoned investor, the numbers speak for themselves. Both units are currently occupied by the owner... GREAT POTENTIAL CASH FLOW!

Last Agent to Sell the Property

Mike Gregor

Cohen Agency SiM, LLC License #REB.0791010 Listed on: 09/22/2020

Last Buyer's Agent

Mike Gregor

Cohen Agency SiM, LLC License #REB.0791010 Listed on: 09/22/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,563

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 2,333 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Attic

  • Walkup Attic
  • Partially Finished Attic

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • Private Driveway
  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near a golf course

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,563

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2333
  • Public Record Living Room Sq Ft: 2333
  • Total Sq Ft: 2333
  • Year Built: 1900
  • Nearby Amenities: Basketball Court, Commuter Bus, Golf Course, Health Club, Library, Park, Public Pool, Tennis Courts
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Tax Year Updated Dt: 09/22/2020
  • Directions: GPS friendly (house is on corner of Migeon Ave and Lake St).
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up, Partially Finished
  • Basement Description: Full With Hatchway, Unfinished
  • Laundry Room Location: Hookups in basement and 2nd floor unit
  • Laundry Room Info: Basement Hook-Up(s), Hook-Up In Unit 2
  • Attic: Yes
  • Street Number Modifier: 141

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking, Parking Lot
  • Driveway Type: Private, Paved

Utilities

  • Cooling System: Ceiling Fans, Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

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

Green Features

  • Energy Features: Storm Doors, Storm Windows

Lot Info

  • Acres: 0.1000
  • Lot Description: Corner Lot, Level Lot
  • Zoning: LB-R

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 3563
  • Total Assessed Value: 77170
  • Mil Rate Base: 46.170
  • Mil Rate Total: 46.170
  • Assessor Parcel Number: 888473

Multi Family

  • Total Multi Family: 12
  • Total Num Of Units: 2

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
Sep 22, 2020
Closed on
Feb 25, 2021
Sold by
Lee Chong H and Lee Il S
Bought by
Jade 1 Holdings Llc
Seller's Agent
Mike Gregor
Cohen Agency SiM, LLC
Buyer's Agent
Mike Gregor
Cohen Agency SiM, LLC
List Price
$159,900
Sold Price
$145,000
Premium/Discount to List
-$14,900
-9.32%
Current Estimated Value
$259,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,983
Avg. Annual Appreciation
13.00%

Purchase Details

Closed on
Jan 14, 2003
Sold by
Choi Young Mi
Bought by
Rim Chonghee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,400
Interest Rate
6.19%

Purchase Details

Closed on
Nov 29, 1999
Sold by
Magistrali Lillian P
Bought by
Choi Young M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,400
Interest Rate
7.77%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jade 1 Holdings Llc $135,000 None Available
Rim Chonghee $70,000 --
Choi Young M $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jade 1 Holdings Llc $225,000
Previous Owner Magistrali Lillian P $69,400
Previous Owner Magistrali Lillian P $72,400
Previous Owner Magistrali Lillian P $10,000
Previous Owner Magistrali Lillian P $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $145,000 -2.7% $62 / Sq Ft
11/30/2020 11/30/20 Price Changed $149,000 -6.8% $64 / Sq Ft
09/22/2020 09/22/20 For Sale $159,900 -- $69 / 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 $6,102 $158,690 $19,950 $138,740
2024 $3,702 $77,170 $19,950 $57,220
2023 $3,701 $77,170 $19,950 $57,220
2022 $3,638 $77,170 $19,950 $57,220
2021 $3,563 $77,170 $19,950 $57,220
2020 $3,563 $77,170 $19,950 $57,220
2019 $3,319 $71,880 $19,950 $51,930
2018 $3,319 $71,880 $19,950 $51,930
2017 $3,289 $71,880 $19,950 $51,930
2016 $3,289 $71,880 $19,950 $51,930
2015 $3,289 $71,880 $19,950 $51,930
2014 $3,591 $98,870 $26,600 $72,270
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170339547

SmartMLS

APN: TORR-000109-000012-000001