NOT LISTED FOR SALE

161 S Park St Willimantic, CT 06226

Estimated Value: $333,000 - $405,938

6 Beds
3 Baths
2,640 Sq Ft
$140/Sq Ft Est. Value

Last Sold December 04, 2018

Last sale price $198,000 $75 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,677/month

10 Days on Market

Highlights

  • Property is near golf course, public transit, shops, and bus stop
  • 3 Car Detached Garage
  • Covered Deck
  • No HOA
  • Thermal Windows
  • Public Transportation

About This Home

As of December 2018

Don't miss this remodeled two-family with lots of charm in a great neighborhood! With many original "old world' features intact, these generously sized units feature very desirable two bedroom set-ups that include large, bright formal living rooms and separate dining rooms. The property as a whole boasts many updates, including newly refinished hardwoods floors, updated bathrooms and kitchens, and new stainless steel appliances! Brand-new Energy Star natural gas boilers and Energy Star rated Harvey windows will provide years of low cost comfort. The 3rd floor offers new flooring and additional space. Neutral color schemes throughout this entire freshly-painted home will appeal to any buyer or renter. Detached three car garage and over-sized, level and fenced yard make this home a fantastic opportunity for the owner occupant or investor - completely move-in ready! This one won't last - schedule your showing today! Agent Owner. Potential additional third floor apartment unit (need town approval).

Last Agent to Sell the Property

Daniel Saunders

Great Homes Realty, LLC License #REB.0790844 Listed on: 10/08/2018

Co-Listed By

Paul Palmer

Great Homes Realty, LLC License #RES.0797243

Last Buyer's Agent

Fiona Stevens

LPT Realty License #RES.0808421

LPT Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,511

Year Built

  • Built in 1900

Lot Details

  • 0.32 Acre Lot
  • Level Lot
  • Garden

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Radon Mitigation System

Interior Spaces

  • 2,640 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Concrete Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Detached Garage
  • Private Driveway
  • Off-Street Parking

Outdoor Features

  • Covered Deck
  • Rain Gutters

Location

  • Property is near golf course, public transit, shops, and bus stop

Utilities

  • Wall Furnace
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Exclusions: Staging furniture and decorations

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,511

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Willimantic
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2640
  • Public Record Living Room Sq Ft: 2640
  • Total Sq Ft: 2640
  • Year Built: 1900
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Park, Playground/Tot Lot, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Exclusions: Staging furniture and decorations
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Yes
  • Public Record Gross Sq Ft: 4758
  • Directions: Off of South St
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full, Full With Hatchway, Unfinished, Concrete Floor
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No

Exterior Features

  • Exterior Features: Covered Deck, Garden Area, Gutters, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Paved, Off Street Parking
  • Garages Number: 3
  • Driveway Type: Private, Paved

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard, Wall Unit
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Domestic, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.3200
  • Lot Description: Level Lot
  • Zoning: NPR2

Multi Family

  • Unit Count: 2
  • Total Multi Family: 14
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 4511
  • Mil Rate Base: 36.650
  • Mil Rate Tax District: 10.960
  • Assessor Parcel Number: 1732892

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2018
Closed on
Dec 4, 2018
Sold by
S & P Properties Llc
Bought by
Tirado Fernando
Seller's Agent
Daniel Saunders
Great Homes Realty, LLC
Buyer's Agent
Fiona Stevens
LPT Realty
List Price
$199,900
Sold Price
$198,000
Premium/Discount to List
-$1,900
-0.95%
Current Estimated Value
$368,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,735
Avg. Annual Appreciation
9.11%
Original Mortgage
$194,413
Outstanding Balance
$171,282
Interest Rate
4.8%
Mortgage Type
FHA
Estimated Equity
$197,453

Purchase Details

Closed on
Apr 21, 1997
Sold by
Williams Mary J
Bought by
Drewry Thomas and Koljian Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,250
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage
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
Tirado Fernando $198,000 --
Drewry Thomas $83,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tirado Fernando $194,413
Previous Owner Drewry Thomas $115,000
Previous Owner Drewry Thomas $74,731
Previous Owner Drewry Thomas $76,243
Previous Owner Drewry Thomas $81,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2018 12/04/18 Sold $198,000 -1.0% $75 / Sq Ft
10/20/2018 10/20/18 Pending -- -- --
10/09/2018 10/09/18 For Sale $199,900 -- $76 / 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 $9,221 $249,080 $26,010 $223,070
2024 $9,231 $249,080 $26,010 $223,070
2023 $6,447 $136,020 $22,620 $113,400
2022 $6,352 $136,020 $22,620 $113,400
2021 $6,813 $136,020 $22,620 $113,400
2020 $6,798 $136,020 $22,620 $113,400
2019 $6,535 $132,910 $22,620 $110,290
2017 $4,511 $94,750 $19,210 $75,540
2015 $4,357 $94,750 $19,210 $75,540
2014 $4,115 $94,750 $19,210 $75,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170131545

SmartMLS

APN: WIND-001305-000163-000013