NOT LISTED FOR SALE

173 Riverside Ave Torrington, CT 06790

Estimated Value: $198,071 - $379,000

7 Beds
3 Baths
3,095 Sq Ft
$102/Sq Ft Est. Value

Last Sold October 15, 2015

Last sale price $105,000 $34 Per Sq Ft

Est. 201% increase in value since last sale

Current estimated payment $2,368/month

120 Days on Market

Highlights

  • River Front
  • Thermal Windows
  • Level Lot
  • No HOA

About This Home

As of October 2015

Attention first time homebuyers going FHA/CHFA or investors! Fabulous 3 family money maker!!! First & second floors have 3 bedrooms each, third floor is a 1 bedroom. Newer windows, newer mechanicals, too many updates to mention! Plenty of off street parking and across from the river! Based on a 4% interest rate and 25% investor down payment, this multifamily nets approximately $1,,447 per month. Owner occupants???? You live rent free! This is the beginning to starting your investment portfolio! Long term tenants on 2nd & 3rd floors. Owner is willing to do some creative financing! Nowhere will you find another deal like this one!

Last Agent to Sell the Property

Sabrina Janco

Century 21 Bay-Mar Realty License #REB.0792384 Listed on: 04/21/2015

Century 21 Bay-Mar Realty

Last Buyer's Agent

Lana Ogrodnik

Showcase Realty, Inc. License #REB.0507873

Showcase Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,932

Year Built

  • Built in 1880

Lot Details

  • 5,227 Sq Ft Lot
  • River Front
  • Level Lot

Home Design

  • Clap Board Siding

Interior Spaces

  • 3 Full Bathrooms
  • 3,095 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • Driveway
  • Off-Street Parking

Schools

  • Forbes Elementary School
  • Torrington Middle School
  • Torrington High School

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,932

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: 3updown - Unit(s) per Floor
  • Total Sq Ft: 3095
  • Year Built: 1880
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Migeon to Wolcott to Riverside Avneue
  • Special Features: None
  • Stories: 3

Interior Features

  • Full Bathrooms: 3
  • Basement Description: Full With Hatchway
  • Attic: No
  • Stories Number Of: 3
  • Street Number Modifier: 173

Exterior Features

  • Exterior Siding: Clapboard
  • Waterfront Description: River
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Asphalt
  • Total Parking Spaces: 6

Utilities

  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Forbes
  • High School: Torrington
  • Intermediate School: Torrington

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.1200
  • Lot Description: Level Lot
  • Flood Zone: No

Rental Info

  • Landlord Responsibility: Insurance, Maintenance/Repairs, Sewer, Snow Removal, Trash Service, Water
  • Lease Purchase: No

Multi Family

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

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 3932
  • Total Assessed Value: 85960
  • Mil Rate Total: 45.750
  • Assessor Parcel Number: 884579

MLS Schools

  • Elementary School: Forbes
  • High School: Torrington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2024
Sold by
Curran William R and Curran Linda A
Bought by
Red Mountain Llc
Current Estimated Value
$316,268

Purchase Details

Listed on
Apr 21, 2015
Closed on
Oct 16, 2015
Sold by
Curran Christopher B and Curran Jessica A
Bought by
Red Mountain Llc
Seller's Agent
Sabrina Janco
Century 21 Bay-Mar Realty
Buyer's Agent
Lana Ogrodnik
Showcase Realty, Inc.
List Price
$154,900
Sold Price
$105,000
Premium/Discount to List
-$49,900
-32.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.96%
Original Mortgage
$78,750
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2004
Sold by
Pentino Francis J
Bought by
Sisk Eric L and Sisk Gretchen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,800
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 4, 1996
Sold by
Demichiel Gregory A
Bought by
Pentino Francis J
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
Red Mountain Llc -- None Available
Red Mountain Llc -- --
Curran Christopher B $105,000 --
Sisk Eric L $133,500 --
Pentino Francis J $123,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Curran Christopher B $78,750
Previous Owner Demichiel Gregory A $65,523
Previous Owner Demichiel Gregory A $136,000
Previous Owner Demichiel Gregory A $106,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2015 10/15/15 Sold $105,000 -32.2% $34 / Sq Ft
08/19/2015 08/19/15 Pending -- -- --
04/21/2015 04/21/15 For Sale $154,900 -- $50 / 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 $8,379 $217,910 $19,950 $197,960
2024 $4,483 $93,450 $19,950 $73,500
2023 $4,482 $93,450 $19,950 $73,500
2022 $4,405 $93,450 $19,950 $73,500
2021 $4,315 $93,450 $19,950 $73,500
2020 $4,315 $93,450 $19,950 $73,500
2019 $3,969 $85,960 $19,950 $66,010
2018 $3,969 $85,960 $19,950 $66,010
2017 $3,933 $85,960 $19,950 $66,010
2016 $3,933 $85,960 $19,950 $66,010
2015 $3,933 $85,960 $19,950 $66,010
2014 $3,906 $107,540 $25,480 $82,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: G10038565

SmartMLS

APN: TORR-000109-000006-000017