NOT LISTED FOR SALE

16 Prospect St Willimantic, CT 06226

Estimated Value: $254,000 - $368,000

6 Beds
3 Baths
2,520 Sq Ft
$128/Sq Ft Est. Value

Last Sold September 30, 2013

Last sale price $109,000 $43 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $2,370/month

148 Days on Market

Highlights

  • Attic
  • Heating System Uses Steam
  • Concrete Flooring

About This Home

As of September 2013

Great investment property. Priced to sell. Needs updating, can be owner occupied.

Last Agent to Sell the Property

John Peterson

Signature Properties of NewEng License #RES.0535452 Listed on: 10/30/2012

Last Buyer's Agent

Sue Esposito

Home Selling Team License #REB.0755041

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,814

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Sloped Lot

Home Design

  • Asbestos Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,520 Sq Ft Home
  • 2-Story Property
  • Concrete Flooring
  • Attic

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Apartment Living Space in Basement

Parking

  • 2 Parking Spaces
  • Driveway
  • Unassigned Parking

Schools

  • Clb Elementary School
  • Clb High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,814

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Willimantic
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Total Sq Ft: 2520
  • Year Built: 1900
  • Nearby Amenities: Public Rec Facilities
  • Property Sub Type: 3 Family
  • Directions: From main st frog bridge take jackson st left onto prospect, house on the left.
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 3
  • Basement Description: Apartment, Concrete Floor, Full With Walk-Out
  • Interior Amenities: Cable - Available
  • Attic: Yes
  • Stories Number Of: 2
  • Street Number Modifier: 16

Exterior Features

  • Exterior Siding: Asbestos

Garage/Parking

  • Garage Parking Info: Unassigned Parking
  • Driveway Type: Paved
  • Total Parking Spaces: 2

Utilities

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

Schools

  • Elementary School: Clb
  • High School: Clb

Lot Info

  • Acres: 0.1100
  • Lot Description: Sloping Lot

Rental Info

  • Landlord Responsibility: Insurance, Real Estate Taxes, Sewer, Water
  • Lease Purchase: No

Multi Family

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

Tax Info

  • Property Tax: 2814
  • Total Assessed Value: 96840
  • Assessor Parcel Number: 1733587

MLS Schools

  • Elementary School: Clb
  • High School: Clb

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2017
Sold by
Access Agency Inc
Bought by
Fuentes Valentina
Current Estimated Value
$323,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,152
Outstanding Balance
$136,426
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$187,070

Purchase Details

Listed on
Oct 30, 2012
Closed on
Sep 30, 2013
Sold by
Exarhoulias John and Exarhoulias Mary
Bought by
Access Agency Inc
Seller's Agent
John Peterson
Signature Properties of NewEng
Buyer's Agent
Sue Esposito
Home Selling Team
List Price
$120,000
Sold Price
$109,000
Premium/Discount to List
-$11,000
-9.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.59%

Purchase Details

Closed on
Mar 1, 2002
Sold by
Connor Arthur and Connor Wanda
Bought by
Exarhoulias John and Exarhoulias Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Fuentes Valentina $176,000 --
Access Agency Inc $218,000 --
Exarhoulias John $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Exarhoulias John $163,152
Closed Exarhoulias John $17,600
Previous Owner Exarhoulias John $100,000
Previous Owner Exarhoulias John $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2013 09/30/13 Sold $109,000 -9.2% $43 / Sq Ft
03/27/2013 03/27/13 Pending -- -- --
10/30/2012 10/30/12 For Sale $120,000 -- $48 / 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 $7,292 $196,980 $24,150 $172,830
2024 $7,300 $196,980 $24,150 $172,830
2023 $5,443 $114,840 $21,000 $93,840
2022 $5,363 $114,840 $21,000 $93,840
2021 $5,752 $114,840 $21,000 $93,840
2020 $5,740 $114,840 $21,000 $93,840
2019 $5,647 $114,840 $21,000 $93,840
2017 $4,373 $91,850 $21,260 $70,590
2015 $4,260 $92,640 $21,260 $71,380
2014 $4,023 $92,640 $21,260 $71,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: E262073

SmartMLS

APN: WIND-001403-000085-000006