NOT LISTED FOR SALE

188 S Orchard St Wallingford, CT 06492

Estimated Value: $485,000 - $564,000

6 Beds
3 Baths
2,839 Sq Ft
$185/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $285,000 $100 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,479/month

6 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Public Transportation
  • Attic
  • Enclosed patio or porch

About This Home

As of July 2019

Well maintained 3 family home in Wallingford's center! Spacious apartments, first and second floor have 2 good size bedrooms, eat in kitchen, living room and dining room. The 3 floor also has 2 bedrooms but bedroom access is through the bathroom. OFF street parking for all, recently paved area in back has spots for 6 cars. Very convenient location to bus line, train and highways. You are minutes from great shopping and restaurants! Natural gas heat! Rents are below market value. Great investment opportunity!

Last Agent to Sell the Property

Stacey McPherson

KW Legacy Partners License #RES.0797630 Listed on: 06/06/2019

KW Legacy Partners

Co-Listed By

Linda Bohne

Property Advisors Realty License #REB.0793703

Last Buyer's Agent

Joe Castellano

Station Cities License #RES.0775927

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,892

Year Built

  • Built in 1910

Lot Details

  • 9,148 Sq Ft Lot
  • Sloped Lot

Home Design

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

Interior Spaces

  • 2,839 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • Driveway
  • Off-Street Parking

Location

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

Additional Features

  • Enclosed patio or porch
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,892

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2839
  • Public Record Living Room Sq Ft: 2839
  • Total Sq Ft: 2839
  • Year Built: 1910
  • Nearby Amenities: Park, Public Transportation, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4752
  • Tax Year Updated Dt: 07/22/2019
  • Directions: Ward St to South Orchard
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Hatchway
  • Laundry Room Info: Hook-Up In Unit 1
  • Attic: Yes
  • Street Number Modifier: 188

Exterior Features

  • Exterior Features: Porch, Porch-Enclosed, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Brick, Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Paved

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • 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: 0.2100
  • Lot Description: Sloping Lot
  • Zoning: res

Multi Family

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

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 4892
  • Total Assessed Value: 167600
  • Mil Rate Base: 29.000
  • Mil Rate Total: 29.190
  • Assessor Parcel Number: 2046359

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
Jun 6, 2019
Closed on
Jul 25, 2019
Sold by
Maresca Frank
Bought by
Wilson Raymond
Seller's Agent
Stacey McPherson
KW Legacy Partners
Buyer's Agent
Joe Castellano
Station Cities
List Price
$275,000
Sold Price
$285,000
Premium/Discount to List
$10,000
3.64%
Current Estimated Value
$519,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,333
Avg. Annual Appreciation
10.66%
Original Mortgage
$291,840
Outstanding Balance
$256,771
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$268,562

Purchase Details

Closed on
Dec 1, 1971
Bought by
Maresca Frank 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
Wilson Raymond $285,000 --
Wilson Raymond $285,000 --
Maresca Frank J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Raymond $291,840
Closed Wilson Raymond $291,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2019 07/26/19 Sold $285,000 +3.6% $100 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $275,000 -- $97 / 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 $7,617 $315,800 $74,900 $240,900
2024 $6,399 $208,700 $62,400 $146,300
2023 $6,123 $208,700 $62,400 $146,300
2022 $6,061 $208,700 $62,400 $146,300
2021 $5,952 $208,700 $62,400 $146,300
2020 $4,892 $167,600 $66,400 $101,200
2019 $4,892 $167,600 $66,400 $101,200
2018 $4,800 $167,600 $66,400 $101,200
2017 $4,785 $167,600 $66,400 $101,200
2016 $4,674 $167,600 $66,400 $101,200
2015 $4,598 $167,400 $66,200 $101,200
2014 $4,501 $167,400 $66,200 $101,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170203416

SmartMLS

APN: WALL-000148-000000-000058