$560,000
SOLD DEC 30, 2024

1931 Route 80 Guilford, CT 06437

5 Beds
3 Baths
2,465 Sq Ft
0.5 Acres

Recently Sold

$227 Per Sq Ft

1% Below List Price

15 Days on Market

Highlights

  • 1 Fireplace
  • Baseboard Heating
  • Laundry Facilities
  • A. Baldwin Middle School Rated A
  • Private Driveway
  • Lot Has A Rolling Slope

About This Home

As of December 2024

Rare opportunity to own a legal three-family property in Guilford, CT! Perfect for generating rental income or owner-occupying the main unit while renting out the other two. Here's what this property offers: Income Potential: Fully rented, the property can generate up to $60,000 annually. Recent Upgrades: New roof and boiler, both about a year old. Flexible Layout: Top Floor Unit: Features one bedroom, hardwood floors, an office, plenty of storage, and a private entrance deck. Main Floor Unit: Spacious two-bedroom unit with hardwood floors, a cozy fireplace, a private back deck, and a front-yard fire pit. Bottom Floor Unit: Open-concept two-bedroom layout connecting the living and dining areas. This property offers incredible versatility for investors or homeowners looking to offset their living expenses with rental income.

Last Agent to Sell the Property

Cory Tyler

Berkshire Hathaway NE Prop. License #RES.0825636 Listed on: 11/20/2024

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Cory Tyler

Berkshire Hathaway NE Prop. License #RES.0825636 Listed on: 11/20/2024

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,273

Year Built

  • Built in 1947

Lot Details

  • 0.5 Acre Lot
  • Lot Has A Rolling Slope

Home Design

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

Interior Spaces

  • 1 Fireplace
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Private Driveway

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Gas Available at Street
  • Private Company Owned Well

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 1115388

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,273

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1820
  • Sq Ft Est Heated Below Grade: 645
  • Total Sq Ft: 2465
  • Year Built: 1947
  • New Construction: No/Resale
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Directions: Right off Route 80. Parking in the rear of the property.
  • Financing Used: Other
  • Living Area Sq Ft Per Public Record: 1820
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Basement Description: Partial
  • Laundry Room Location: In the garage
  • Laundry Room Info: Common Laundry Area
  • Attic: No
  • Street Number Modifier: 1931

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Private
  • Total Parking Spaces: 6
  • Garage And Parking: None, Off Street Parking, Driveway

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Gas In Street
  • Hot Water Description: Natural Gas, 40 Gallon Tank
  • Water Source: Private Well
  • Sewer: Septic

Schools

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

Lot Info

  • Acres: 0.5
  • Lot Description: Rolling
  • Zoning: R-8
  • Parcel #: 1115388

Multi Family

  • Total Number Of Units: 3

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 7273
  • Total Assessed Value: 273630
  • Mil Rate Total: 26.58

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
Nov 20, 2024
Closed on
Dec 30, 2024
Sold by
Bennett Nicholas W
Bought by
Pena Amanda P and Pena Carlos D
Seller's Agent
Cory Tyler
Berkshire Hathaway NE Prop.
Buyer's Agent
Cory Tyler
Berkshire Hathaway NE Prop.
List Price
$567,000
Sold Price
$560,000
Premium/Discount to List
-$7,000
-1.23%
Views
98
Current Estimated Value
$592,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,920
Avg. Annual Appreciation
1.64%
Original Mortgage
$385,000
Outstanding Balance
$383,671
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$182,736

Purchase Details

Listed on
Apr 5, 2023
Closed on
May 18, 2023
Sold by
Bennett Frederick E
Bought by
Bennett Nicholas W
Seller's Agent
Roy Watrous
Sunset Creek Realty, LLC
Buyer's Agent
Linda Coyle
William Raveis Real Estate
List Price
$439,900
Sold Price
$439,900
Views
89

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.07%
Original Mortgage
$431,931
Interest Rate
6.28%
Mortgage Type
FHA

Purchase Details

Closed on
May 24, 2002
Sold by
Peterson John C
Bought by
Bennett Frederick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
7.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 1987
Sold by
Demelis Guerino
Bought by
Peterson John C
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $560,000 None Available
Warranty Deed $560,000 None Available
Warranty Deed $439,900 None Available
Warranty Deed $439,900 None Available
Warranty Deed $220,000 --
Warranty Deed $220,000 --
Deed $185,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $385,000 Purchase Money Mortgage
Closed $385,000 Purchase Money Mortgage
Previous Owner $431,931 FHA
Previous Owner $336,000 No Value Available
Previous Owner $209,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $560,000 -1.2% $227 / Sq Ft
12/05/2024 12/05/24 Pending -- -- --
11/20/2024 11/20/24 For Sale $567,000 +28.9% $230 / Sq Ft
05/18/2023 05/18/23 Sold $439,900 0.0% $242 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
04/05/2023 04/05/23 For Sale $439,900 -- $242 / 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
2024 $7,273 $273,630 $132,300 $141,330
2023 $7,038 $271,950 $132,300 $139,650
2022 $6,174 $185,690 $107,730 $77,960
2021 $6,057 $185,690 $107,730 $77,960
2020 $6,000 $185,690 $107,730 $77,960
2019 $5,948 $185,690 $107,730 $77,960
2018 $5,808 $185,690 $107,730 $77,960
2017 $6,006 $204,550 $107,100 $97,450
2016 $5,864 $204,550 $107,100 $97,450
2015 $5,776 $204,550 $107,100 $97,450
2014 $5,609 $204,550 $107,100 $97,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24061099

SmartMLS

APN: GUIL-000000-000000-100022