NOT LISTED FOR SALE

197 Riverside Ave Torrington, CT 06790

Estimated Value: $288,000 - $313,000

4 Beds
2 Baths
1,910 Sq Ft
$155/Sq Ft Est. Value

Last Sold February 27, 2019

Last sale price $159,900 $84 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,147/month

53 Days on Market

Highlights

  • Water Views
  • Property is near public transit
  • Finished Attic
  • Pool House
  • Partially Wooded Lot
  • Attic

About This Home

As of February 2019

DON'T MISS THIS ONE! Very unique Multi Family property has it's own private oasis. Nothing like it in the area. The back yard is beautifully landscaped with above ground pool completely fenced yard, a custom party tiki hut and separate utility shed and extra deck. Great entertainment space inside and out in this meticulously cared for home. The first floor has been completely remodeled to include chef's kitchen with granite counters and island with gas cooktop and built in oven. Open concept to the dining room with views of the river across the street! Living room barn doors that open to the spacious bedroom with large walk in closet currently used as storage/pantry. Second floor has full eat in kitchen living/dining room, 1 bedrooms and 2 more in the finished walk up attic. Front porch was converted to a huge dressing room/closet. Would make good office or nursery also. Perfect home for extended family or possible rental. Separate private entrances. The THREE car garage has extra heated workshop and is accessed from Workman Ave. with plenty of parking. Torrington is noted for being a growing destination for arts and entertainment including the art deco Warner Theatre. Close proximity to hiking, skiing, & boating. 1.5 hrs to NYC or Boston. PRICED TO SELL QUICKLY!

Last Agent to Sell the Property

Sharon Chase

Coldwell Banker Realty License #RES.0797949 Listed on: 11/20/2018

Coldwell Banker Realty

Co-Listed By

Joanne Donne

The Washington Agency License #REB.0756748

Last Buyer's Agent

Sharon Chase

Coldwell Banker Realty License #RES.0797949 Listed on: 11/20/2018

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,350

Year Built

  • Built in 1910

Lot Details

  • 0.26 Acre Lot
  • Sloped Lot
  • Partially Wooded Lot
  • Many Trees

Parking

  • 3 Car Detached Garage

Home Design

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

Interior Spaces

  • 1,910 Sq Ft Home
  • Ceiling Fan
  • Concrete Flooring
  • Water Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Attic

  • Attic Floors
  • Finished Attic

Basement

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

Pool

  • Pool House
  • Above Ground Pool

Location

  • Property is near public transit

Utilities

  • Floor Furnace
  • Baseboard Heating
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,350

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1910
  • Public Record Living Room Sq Ft: 1510
  • Total Sq Ft: 1910
  • Year Built: 1910
  • Nearby Amenities: Basketball Court, Commuter Bus, Health Club, Lake, Library, Medical Facilities, Park, Public Pool
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 3395
  • Directions: Driveway access on Workman Ave.
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Finished, Heated, Floored
  • Basement Description: Full, Concrete Floor, Interior Access, Storage
  • Laundry Room Info: Basement Hook-Up(s), Common Laundry Area
  • Attic: Yes

Exterior Features

  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: Yes
  • Pool: Pool House, Above Ground Pool
  • Construction Description: Frame, Concrete

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 3

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.2600
  • Lot Description: Water View, Lightly Wooded, Sloping Lot, Treed
  • Flood Zone: No
  • Zoning: R6

Multi Family

  • Unit Count: 2
  • Total Multi Family: 10
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 3350
  • Assessor Parcel Number: 884639

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, 2018
Closed on
Feb 26, 2019
Sold by
Derwitsch Edward
Bought by
Knox Charles E
Seller's Agent
Sharon Chase
Coldwell Banker Realty
Buyer's Agent
Sharon Chase
Coldwell Banker Realty
List Price
$159,900
Sold Price
$159,900
Current Estimated Value
$296,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,124
Avg. Annual Appreciation
9.36%
Original Mortgage
$157,003
Outstanding Balance
$137,189
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$158,835
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Knox Charles E $159,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knox Charles E $157,003
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2019 02/27/19 Sold $159,900 +1.8% $84 / Sq Ft
01/12/2019 01/12/19 Pending -- -- --
01/07/2019 01/07/19 Price Changed $157,000 -1.8% $82 / Sq Ft
11/20/2018 11/20/18 For Sale $159,900 -- $84 / 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 $7,192 $187,040 $20,370 $166,670
2024 $4,335 $90,360 $20,370 $69,990
2023 $4,334 $90,360 $20,370 $69,990
2022 $4,260 $90,360 $20,370 $69,990
2021 $4,172 $90,360 $20,370 $69,990
2020 $4,172 $90,360 $20,370 $69,990
2019 $3,350 $72,560 $20,370 $52,190
2018 $3,164 $68,540 $20,360 $48,180
2017 $3,136 $68,540 $20,360 $48,180
2016 $3,136 $68,540 $20,360 $48,180
2015 $3,136 $68,540 $20,360 $48,180
2014 $3,353 $92,310 $28,000 $64,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170144856

SmartMLS

APN: TORR-000109-000006-000019