NOT LISTED FOR SALE

188 E Lake St Winsted, CT 06098

Estimated Value: $247,000 - $381,695

4 Beds
2 Baths
2,080 Sq Ft
$146/Sq Ft Est. Value

Last Sold February 27, 2024

Last sale price $185,000 $89 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,003/month

49 Days on Market

Highlights

  • Deck
  • Attic
  • Porch

About This Home

As of February 2024

Don't overlook this exceptional investment opportunity – a two-family home perfectly positioned directly across from the picturesque Highland Lake. Each spacious unit features 2 bedrooms, 1 full bathroom, and a separate private entrance. Enjoy the breathtaking views of Highland Lake from the comfort of each unit's private porch. The property also boasts a generous backyard, providing ample space for family fun and entertainment. For added convenience, there is a 2-car attached garage and off-street parking available. Located just minutes away from downtown Winsted, the property offers easy access to a variety of dining options. Don't miss the chance to explore this promising investment. Schedule your showing today and envision the potential of owning a property with stunning lake views and convenient amenities!

Last Agent to Sell the Property

Jonathan Gineo

Silver and Oak Realty License #REB.0790984 Listed on: 12/14/2023

Last Buyer's Agent

Jonathan Gineo

Silver and Oak Realty License #REB.0790984 Listed on: 12/14/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,245

Year Built

  • Built in 1800

Lot Details

  • 0.27 Acre Lot

Home Design

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

Interior Spaces

  • 2,080 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Parking Deck

Outdoor Features

  • Deck
  • Porch

Utilities

  • Radiator
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 927837

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,245

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Neighborhood: Winsted
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2080
  • Total Sq Ft: 2080
  • Year Built: 1800
  • New Construction: No/Resale
  • Nearby Amenities: Lake
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5010
  • Directions: GPS friendly
  • Financing Used: Conventional Fixed
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Hatchway
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck, Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront View Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Attached Garage

Utilities

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

Lot Info

  • Acres: 0.27
  • Lot Description: Water View Sloping Lot
  • Zoning: HL
  • Parcel #: 927837

Multi Family

  • Total Number Of Units: 2
  • Unit Count: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 4245

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
Dec 14, 2023
Closed on
Feb 27, 2024
Sold by
Simard Anna
Bought by
188 Zax Llc
Seller's Agent
Jonathan Gineo
Silver and Oak Realty
Buyer's Agent
Jonathan Gineo
Silver and Oak Realty
List Price
$219,900
Sold Price
$185,000
Premium/Discount to List
-$34,900
-15.87%
Views
236
Current Estimated Value
$304,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,174
Avg. Annual Appreciation
30.28%
Original Mortgage
$138,750
Outstanding Balance
$136,171
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$168,003

Purchase Details

Listed on
Dec 14, 2023
Closed on
Feb 15, 2024
Sold by
Cascade Funding Mtg T
Bought by
Simard Anna
Seller's Agent
Jonathan Gineo
Silver and Oak Realty
Buyer's Agent
Jonathan Gineo
Silver and Oak Realty
List Price
$219,900
Sold Price
$185,000
Premium/Discount to List
-$34,900
-15.87%
Views
236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Outstanding Balance
$136,171
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$168,003

Purchase Details

Closed on
Oct 10, 2023
Sold by
Mortgage Assets Mgmt Llc
Bought by
Cascade Funding Mtg T

Purchase Details

Closed on
May 19, 2023
Sold by
Turner Stephen R and Mortgage Assets Mgmt Llc
Bought by
Willis Donna L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
188 Zax Llc -- None Available
188 Zax Llc -- None Available
188 Zax Llc -- None Available
Simard Anna $185,000 None Available
Simard Anna $185,000 None Available
Simard Anna $185,000 None Available
Cascade Funding Mtg T -- None Available
Cascade Funding Mtg T -- None Available
Willis Donna L $200,000 None Available
Willis Donna L $200,000 None Available
Willis Donna L $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 188 Zax Llc $138,750
Closed 188 Zax Llc $138,750
Closed Simard Anna $138,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2024 02/27/24 Sold $185,000 +5.7% $89 / Sq Ft
02/01/2024 02/01/24 Pending -- -- --
01/19/2024 01/19/24 Price Changed $175,000 -20.4% $84 / Sq Ft
12/14/2023 12/14/23 For Sale $219,900 0.0% $106 / Sq Ft
04/24/2017 04/24/17 Rented $800 0.0% --
04/15/2017 04/15/17 For Rent $800 0.0% --
02/21/2017 02/21/17 Rented $800 0.0% --
02/08/2017 02/08/17 For Rent $800 +6.7% --
06/15/2015 06/15/15 Rented $750 -6.3% --
06/14/2015 06/14/15 Under Contract -- -- --
06/12/2015 06/12/15 For Rent $800 -- --
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 $4,960 $170,030 $66,430 $103,600
2024 $4,382 $160,860 $66,430 $94,430
2023 $4,245 $160,860 $66,430 $94,430
2022 $3,628 $108,160 $38,510 $69,650
2021 $3,628 $108,160 $38,510 $69,650
2020 $3,628 $108,160 $38,510 $69,650
2019 $3,628 $108,160 $38,510 $69,650
2018 $3,628 $108,160 $38,510 $69,650
2017 $3,440 $102,550 $31,640 $70,910
2016 $3,440 $102,550 $31,640 $70,910
2015 $3,353 $102,550 $31,640 $70,910
2014 $3,272 $102,550 $31,640 $70,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170614951

SmartMLS

APN: WINC-000110-000089-000022