NOT LISTED FOR SALE

163 Elm St Unit 165 Winsted, CT 06098

Estimated Value: $284,965 - $333,000

6 Beds
3 Baths
3,591 Sq Ft
$85/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $195,000 $54 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,997/month

13 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • 2 Car Detached Garage
  • Attic
  • Balcony
  • Wrap Around Porch

About This Home

As of July 2021

Welcome to this tried-and-true 3-family residence right in the heart of Winsted. For decades this property acted as a multi-generational home, hosting priceless memories for the family who occupied there for 50+ years. In more recent years the property has hosted long-term, responsible tenants who have lovingly maintained the home and currently have month-to-month agreements with the owner. Each unit occupies two large bedrooms and one full bath. The first and second floor have dining rooms and additional sitting rooms that can be adapted for work, sleep, or play. The wrap around porch on the first floor welcomes you, but the entry with its detailed wood work and oversized layout makes you feel like this is where you want to come home to. The second floor also has a front and back balcony to enjoy. The third floor has been updated with gas furnace, vaulted ceilings, ceiling fan and exposed brick. Additional bonuses to the third floor are lots of partially finished attic storage, and great natural light. Wether you want to to owner-occupy, invest, or both this home provides great opportunity for you.

HUGE storage space above the garage can be a workshop, or whatever you can dream up. Oversized two car garage can be rented as well. Walkable to food, entertainment, and public works. DIRECTLY across the street from Pearson school. The playground is open to the public after school and weekends. Property to be sold "as-is." Property will not meet FHA, CHFA, or VA guidelines.

Last Agent to Sell the Property

Heidi Lester

KW Legacy Partners License #RES.0801290 Listed on: 05/26/2021

KW Legacy Partners

Co-Listed By

Rosemary Lovelace

KW Legacy Partners License #RES.0810834

Last Buyer's Agent

Matthew Egan

Regency Real Estate, LLC License #REB.0795086

Regency Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,834

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Stone Wall
  • Level Lot

Home Design

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

Interior Spaces

  • 3,591 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Attic

  • Storage In Attic
  • Partially Finished Attic
  • Attic or Crawl Hatchway Insulated

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 2 Car Detached Garage
  • Private Driveway

Outdoor Features

  • Balcony
  • Wrap Around Porch

Location

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,834

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: Winsted
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3591
  • Public Record Living Room Sq Ft: 3591
  • Total Sq Ft: 3591
  • Year Built: 1920
  • Nearby Amenities: Lake, Library, Medical Facilities, Playground/Tot Lot, Public Rec Facilities, Public Transportation, Walk to Bus Lines
  • Remarks Public Addendum: Hardwood under all carpets. Please do not lift carpets to confirm. Loft style entry on all floors with additional mudroom/storage space for each unit.
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 6216
  • Directions: GPS friendly. Please do not park in driveway so tenants may come and go as needed.
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Access Via Hatch, Partially Finished, Storage Space
  • Basement Description: Full With Hatchway, Unfinished, Interior Access
  • Laundry Room Location: Tenant on 1st floor owns washer/dryer
  • Laundry Room Info: Hook-Up In Unit 1, Washer/Dryer Some Units
  • Attic: Yes
  • Street Number Modifier: 163

Exterior Features

  • Exterior Features: Balcony, Porch-Wrap Around, Stone Wall
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fans, Window Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.2000
  • Lot Description: Level Lot, Sloping Lot, N/A
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R-3

Multi Family

  • Unit Count: 3
  • Total Multi Family: 21
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 3834
  • Total Assessed Value: 114310
  • Mil Rate Base: 33.540
  • Mil Rate Total: 33.540
  • Assessor Parcel Number: 926759

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
May 26, 2021
Closed on
Jun 30, 2021
Sold by
Slms Holdings Llc
Bought by
Egan Holdings Llc
Seller's Agent
Heidi Lester
KW Legacy Partners
Buyer's Agent
Matthew Egan
Regency Real Estate, LLC
List Price
$224,900
Sold Price
$195,000
Premium/Discount to List
-$29,900
-13.29%
Current Estimated Value
$304,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,241
Avg. Annual Appreciation
10.36%

Purchase Details

Closed on
Feb 23, 2017
Sold by
Morel-Duboil Steve J and Morel-Duboil Lucy M
Bought by
Slms Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.55%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 30, 2014
Sold by
Morel-Duboil Steve J and Morel-Duboil Lucy M
Bought by
Slms Holdings Llc

Purchase Details

Closed on
May 8, 2007
Sold by
Bazzano Salvatore
Bought by
Morel-Duboil Steve J and Morel-Duboil Lucy Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.23%
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
Egan Holdings Llc $195,000 None Available
Egan Holdings Llc $195,000 None Available
Slms Holdings Llc -- --
Slms Holdings Llc -- --
Slms Holdings Llc -- --
Slms Holdings Llc -- --
Morel-Duboil Steve J $160,000 --
Morel-Duboil Steve J $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morel-Duboil Steve J $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $195,000 -13.3% $54 / Sq Ft
06/11/2021 06/11/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $224,900 -- $63 / 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 $4,607 $157,920 $23,170 $134,750
2024 $4,302 $157,920 $23,170 $134,750
2023 $4,168 $157,920 $23,170 $134,750
2022 $3,834 $114,310 $16,800 $97,510
2021 $3,834 $114,310 $16,800 $97,510
2020 $3,834 $114,310 $16,800 $97,510
2019 $3,834 $114,310 $16,800 $97,510
2018 $3,834 $114,310 $16,800 $97,510
2017 $3,886 $115,850 $16,800 $99,050
2016 $3,886 $115,850 $16,800 $99,050
2015 $3,788 $115,850 $16,800 $99,050
2014 $3,697 $115,850 $16,800 $99,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170404032

SmartMLS

APN: WINC-000106-000050-000018