NOT LISTED FOR SALE

20 Railroad Ave Plainfield, CT 06374

Estimated Value: $265,969

4 Beds
3.5 Baths
4,800 Sq Ft
$55/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $214,000 $45 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,695/month

107 Days on Market

Highlights

  • Attic
  • Thermal Windows
  • Baseboard Heating
  • No HOA
  • Tandem Garage
  • Concrete Flooring

About This Home

As of December 2021

Recently renovated due to storm damage in 2018. Seller spent over $100K in renovations. All 3 apartments taken down to studs, all permits through town available. Great for contractor/ owner to use 1st floor 2400 square feet for showroom/storage and have 3 incomes on second floor. Present rents are below market. Two 1 bedroom apartments and one 2 bedrooms with spacious rooms.

Last Agent to Sell the Property

Brian Andstrom

Signature Properties of NewEng License #REB.0015695 Listed on: 06/16/2021

Co-Listed By

Kathy Rickey

Signature Properties of NewEng License #RES.0573859

Last Buyer's Agent

Leo Chomen

Signature Properties of NewEng License #RES.0752883

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,675

Year Built

  • Built in 1905

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Home Design

  • Gable Roof Shape
  • Stone Foundation
  • Frame Construction
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 4,800 Sq Ft Home
  • Thermal Windows
  • Concrete Flooring
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Tandem Garage
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting

Schools

  • Plainfield High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $30,072

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,675

Year Built

Built in 1905

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: 4800
  • Public Record Living Room Sq Ft: 4800
  • Total Sq Ft: 4800
  • Year Built: 1905
  • Nearby Amenities: Basketball Court, Lake, Library, Medical Facilities, Park, Private Rec Facilities, Public Pool
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 7200
  • Tax Year Updated Dt: 08/09/2021
  • Directions: I 395 to Rt 12 to Railroad Ave. Property on right ( use the bank parking lot for showings).
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Full With Hatchway, Concrete Floor
  • Attic: Yes
  • Street Number Modifier: 20

Exterior Features

  • Exterior Features: Lighting, Sidewalk
  • Exterior Siding: Vinyl Siding, Wood
  • Foundation Type: Stone
  • Roof Information: Gable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Tandem, Off Street Parking
  • Driveway Type: Gravel

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Hot Air
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Usage Fee Annual: 11060

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Plainfield
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.1100
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: C2

Multi Family

  • Gross Annual Income: 30072
  • Net Operating Income: 20280
  • Total Multi Family: 13
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 3675
  • Total Assessed Value: 121970
  • Mil Rate Base: 28.330
  • Mil Rate Tax District: 1.800
  • Mil Rate Total: 30.130
  • Tax District Amount: 21360
  • Assessor Parcel Number: 1700351

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Plainfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Dec 9, 2021
Sold by
Andstrom Mark L
Bought by
Morton Jeffrey M
Seller's Agent
Brian Andstrom
Signature Properties of NewEng
Buyer's Agent
Leo Chomen
Signature Properties of NewEng
List Price
$229,000
Sold Price
$214,000
Premium/Discount to List
-$15,000
-6.55%
Current Estimated Value
$265,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,969
Avg. Annual Appreciation
5.75%
Original Mortgage
$160,500
Outstanding Balance
$139,634
Interest Rate
3.11%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$124,742
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
Morton Jeffrey M -- None Available
Morton Jeffrey M -- None Available
Morton Jeffrey M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morton Jeffrey M $160,500
Closed Morton Jeffrey M $160,500
Previous Owner Andstrom Deborah M $100,000
Previous Owner Andstrom Deborah M $67,200
Previous Owner Andstrom Deborah M $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $214,000 -4.5% $45 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
08/03/2021 08/03/21 Price Changed $224,000 -2.2% $47 / Sq Ft
06/16/2021 06/16/21 For Sale $229,000 -- $48 / 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 $3,488 $156,220 $32,620 $123,600
2023 $3,471 $156,220 $32,620 $123,600
2022 $4,823 $121,970 $27,730 $94,240
2021 $3,675 $121,970 $27,730 $94,240
2020 $3,663 $121,970 $27,730 $94,240
2019 $3,663 $121,970 $27,730 $94,240
2018 $3,618 $121,970 $27,730 $94,240
2017 $3,029 $95,790 $27,730 $68,060
2016 $2,922 $95,790 $27,730 $68,060
2015 $2,855 $95,790 $27,730 $68,060
2014 $2,855 $95,790 $27,730 $68,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170410599

SmartMLS

APN: PLAI-000001P-000039-000039