NOT LISTED FOR SALE

198 Summit St Willimantic, CT 06226

Estimated Value: $244,501 - $257,000

3 Beds
1 Bath
1,320 Sq Ft
$188/Sq Ft Est. Value

Last Sold January 16, 2018

Last sale price $73,333 $56 Per Sq Ft

Est. 238% increase in value since last sale

Current estimated payment $1,664/month

122 Days on Market

Highlights

  • Victorian Architecture
  • No HOA
  • Storm Windows
  • Attic
  • Wrap Around Porch
  • Tankless Water Heater

About This Home

As of January 2018

This 1920s home is perfect as great starter home. It is located in the desirable hill section of town. It features 3 bedrooms, 1 bathroom, a cozy yard and a large wrap-around porch. Updated electric with newer boiler, oil tank and roof. Some original fixtures are still in use like the claw-foot bathtub. Nicely painted interior, with traditional Victorian classic colors. Solid house that's move in ready. Motivated seller.

Last Agent to Sell the Property

Wayne Wildermuth

Lombardi Realty, LLC Listed on: 07/27/2017

Last Buyer's Agent

Rich Marouski

Weichert,REALTORS-Four Corners License #REB.0788814

Weichert,REALTORS-Four Corners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,903

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • Shared Driveway

Home Design

  • Victorian Architecture
  • Asbestos Siding

Interior Spaces

  • 1,320 Sq Ft Home
  • Concrete Flooring
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Rain Gutters
  • Wrap Around Porch

Schools

  • Pboe Elementary And Middle School
  • Pboe High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Tankless Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,903

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: Willimantic
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Victorian
  • Public Record Living Room Sq Ft: 1320
  • Total Sq Ft: 1320
  • Year Built: 1920
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2303
  • Directions: Main Street to Church Street, left on Summit Street, house on left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Concrete Floor, Full With Hatchway, Interior Access, Unfinished
  • Interior Amenities: Cable - Available, Cable - Pre-wired
  • Appliances: Gas Range, Oven/Range, Refrigerator
  • Laundry Room Location: First Floor
  • Attic: Yes

Exterior Features

  • Exterior Features: Gutters, Porch, Sidewalk, Porch-Wrap Around
  • Exterior Siding: Asbestos
  • Swimming Pool: No

Garage/Parking

  • Driveway Type: Asphalt, Shared

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic, Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Electrical Amperage: 100

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: PBOE

Green Features

  • Energy Features: Storm Doors, Storm Windows

Lot Info

  • Acres: 0.1000
  • Flood Zone: No

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 2903
  • Assessor Parcel Number: 2292384

MLS Schools

  • Elementary School: PBOE
  • Middle Jr High School: PBOE
  • High School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2017
Closed on
Jan 18, 2018
Sold by
Pate Joseph V
Bought by
Jls Development Llc
Seller's Agent
Wayne Wildermuth
Lombardi Realty, LLC
Buyer's Agent
Rich Marouski
Weichert,REALTORS-Four Corners
List Price
$79,999
Sold Price
$73,333
Premium/Discount to List
-$6,666
-8.33%
Current Estimated Value
$248,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,792
Avg. Annual Appreciation
16.57%
Original Mortgage
$160,000
Outstanding Balance
$135,021
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$113,104

Purchase Details

Closed on
Dec 1, 2009
Sold by
Pate Joseph V and Pauliot Patricia M
Bought by
Pate Joseph V and Pauliot Patricia M
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
Jls Development Llc $73,333 --
Pate Joseph V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pate Joseph V $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2018 01/16/18 Sold $73,333 -8.3% $56 / Sq Ft
07/27/2017 07/27/17 For Sale $79,999 -- $61 / 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 $4,362 $117,820 $26,750 $91,070
2024 $4,366 $117,820 $26,750 $91,070
2023 $2,813 $59,350 $20,220 $39,130
2022 $2,772 $59,350 $20,220 $39,130
2021 $2,973 $59,350 $20,220 $39,130
2020 $2,966 $59,350 $20,220 $39,130
2019 $2,918 $59,350 $20,220 $39,130
2017 $2,816 $59,150 $21,220 $37,930
2015 $2,720 $59,150 $21,220 $37,930
2014 $2,569 $59,150 $21,220 $37,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: E10240385

SmartMLS

APN: WIND-001303-000049-000004A