NOT LISTED FOR SALE

148 Grove St Torrington, CT 06790

Estimated Value: $277,000 - $300,347

6 Beds
3 Baths
2,486 Sq Ft
$117/Sq Ft Est. Value

Last Sold April 08, 2024

Last sale price $271,000 $109 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,872/month

71 Days on Market

Highlights

  • Property is near public transit
  • Thermal Windows
  • Public Transportation
  • Attic
  • Porch
  • Private Driveway

About This Home

As of April 2024

Whether you're looking for an investment property or a home with tenants to help with your mortgage, you'll want to check out this well maintained 2 family in the heart of downtown Torrington. The first floor is a 2-bedroom, one bath unit with laundry hookup in the bathroom. The second apartment is 2 stories with 4 bedrooms and 2 full baths. The main floor is almost a carbon copy of the first floor except that the full bathroom, which also includes laundry hook up, is in a different location. Upstairs, you'll find the 2nd full bath, 2 additional bedrooms and unfinished attic space that's clean, floored and ready for your storage needs. Each apartment has its own porch. The basement is dry and that's where you'll find the electrical panels, 2 hot air furnaces, 2 oil tanks, and 2 hybrid hot water heaters that can run on oil or electricity. Architectural shingle roof and gutters are less than 10 years old. Walking distance to shopping, dining, the post office, and the movie theater. Torrington has a vibrant downtown art scene and is home to the historic Warner Theater with it's year round live performances. Easy drive to Route 8 as well as varied outdoor activities in Litchfield County. Rents are below market and were going to increase before the owner decided to sell. The current tenant pays $1890 for the entire house and rents out each bedroom, so 24-hour notice will be required.

Last Agent to Sell the Property

Ruth Zeiss

William Raveis Real Estate License #RES.0789147 Listed on: 01/02/2024

William Raveis Real Estate

Last Buyer's Agent

Ruth Zeiss

William Raveis Real Estate License #RES.0789147 Listed on: 01/02/2024

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,935

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • Private Driveway

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Ridge Vents on the Roof
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 2,486 Sq Ft Home
  • Thermal Windows
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Attic

  • Walkup Attic
  • Partially Finished Attic

Outdoor Features

  • Exterior Lighting
  • Porch

Location

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

Schools

  • Torrington High School

Utilities

  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • 2 Units
  • Public Transportation
  • Gross Income $22,680

Listing and Financial Details

  • Assessor Parcel Number 887140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,935

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2486
  • Total Sq Ft: 2486
  • Year Built: 1900
  • New Construction: No/Resale
  • Nearby Amenities: Medical Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: East Elm to Grove. House will be on your left.
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 2486
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Attic Description: Walk-up, Partially Finished, Heated
  • Basement Description: Full
  • Laundry Room Location: In bathroom of each unit
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes
  • Street Number Modifier: 148

Exterior Features

  • Exterior Features: Lighting, Porch, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Masonry
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Private, Asphalt
  • Garage And Parking: Off Street Parking, On Street Parking, Unassigned Parking

Utilities

  • Cooling System: None
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 40 Gallon Tank, Electric, Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Green Features

  • Energy Features: Ridge Vents, Thermopane Windows

Lot Info

  • Acres: 0.09
  • Lot Description: City Views Level Lot
  • Zoning: R6
  • Parcel #: 887140

Multi Family

  • Gross Annual Income: 22680
  • Net Operating Income: 13569
  • Total Number Of Units: 2
  • Unit Count: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 3935
  • Total Assessed Value: 82050
  • Mil Rate Total: 47.96

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
Apr 8, 2024
Sold by
Schnitzler Richard
Bought by
Bradley Denise E
Seller's Agent
Ruth Zeiss
William Raveis Real Estate
Buyer's Agent
Ruth Zeiss
William Raveis Real Estate
List Price
$260,000
Sold Price
$271,000
Premium/Discount to List
$11,000
4.23%
Total Days on Market
71
Views
57
Current Estimated Value
$290,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,837
Avg. Annual Appreciation
6.34%
Original Mortgage
$203,250
Outstanding Balance
$201,161
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$89,676

Purchase Details

Listed on
Jul 26, 2011
Closed on
Jan 24, 2012
Sold by
Richardson Christopher J
Bought by
Schnitzler Richard
Seller's Agent
Mary
Mary LeBlanc Realty
Buyer's Agent
Ruth Zeiss
William Raveis Real Estate
List Price
$144,900
Sold Price
$135,000
Premium/Discount to List
-$9,900
-6.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$102,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 1999
Sold by
Mazzarelli James
Bought by
Richardson Christopher and Richardson Kelli M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,600
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
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
Bradley Denise E $271,000 None Available
Bradley Denise E $271,000 None Available
Schnitzler Richard $135,000 --
Schnitzler Richard $135,000 --
Richardson Christopher $96,000 --
Richardson Christopher $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bradley Denise E $203,250
Closed Bradley Denise E $203,250
Previous Owner Juan Frank J $102,000
Previous Owner Juan Frank J $94,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2024 04/08/24 Sold $271,000 +4.2% $109 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $260,000 +92.6% $105 / Sq Ft
01/20/2012 01/20/12 Sold $135,000 -6.8% $54 / Sq Ft
11/10/2011 11/10/11 Pending -- -- --
07/26/2011 07/26/11 For Sale $144,900 -- $58 / 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
2024 $3,936 $82,050 $19,740 $62,310
2023 $3,935 $82,050 $19,740 $62,310
2022 $3,868 $82,050 $19,740 $62,310
2021 $3,788 $82,050 $19,740 $62,310
2020 $3,788 $82,050 $19,740 $62,310
2019 $3,397 $73,580 $19,740 $53,840
2018 $3,397 $73,580 $19,740 $53,840
2017 $3,366 $73,580 $19,740 $53,840
2016 $3,366 $73,580 $19,740 $53,840
2015 $3,366 $73,580 $19,740 $53,840
2014 $3,385 $93,190 $24,640 $68,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170616691

SmartMLS

APN: TORR-000118-000017-000019