Seller's Agent in 2021
Kevin Danby
Clermont Real Estate
(203) 213-1122
30 Total Sales
21 Ridgeland Rd Wallingford, CT 06492
Estimated Value: $1,556,584
32
Beds
16
Baths
12,672
Sq Ft
$123/Sq Ft
Est. Value
Highlights
- 2.36 Acre Lot
- Partially Wooded Lot
- Property is near shops
- Secluded Lot
- No HOA
- Hot Water Circulator
About This Home
As of November 2021** INVESTORS TAKE NOTICE ** You are buying a portfolio of 4 buildings with a total of 16 units. i.e. 21, 41, 61, and 81 Ridgeland Rd. All 16 units are currently rented. (The property is being sold as a package; so, please don't ask if the owner will sell them separately). Each building has 4 units. Each unit is a townhouse style design. Each unit has a separate entrance, a kitchen, a living room, 2 bedrooms, a full bathroom, and a full basement. Each unit is heated by oil hot water baseboard; further, each unit has it's own oil fired boiler and oil tank. Each unit also has its own electric meter. There is 1 water meter per building. The cost of the water is apportioned equally among the tenants who live in each building. In essence, the tenants pay their own oil, electric, and water. All 4 properties are located in a long established PUD; however, there is no monthly HOA fee. The development is located in a quiet suburban location that's close to highways, shopping, and schools. With a little effort on cosmetics, you could achieve over a 10% CAP rate.
Last Agent to Sell the Property
Clermont Real Estate License #REB.0794028 Listed on: 07/22/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,372
Year Built
- Built in 1952
Lot Details
- 2.36 Acre Lot
- Secluded Lot
- Partially Wooded Lot
Home Design
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Shake Siding
Interior Spaces
- 12,672 Sq Ft Home
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 32 Bedrooms
- 16 Full Bathrooms
Parking
- Driveway
- Paved Parking
- On-Street Parking
Location
- Property is near shops
Utilities
- Radiator
- Hot Water Heating System
- Heating System Uses Oil
- Hot Water Circulator
- Electric Water Heater
- Fuel Tank Located in Basement
Community Details
Overview
- No Home Owners Association
- 16 Units
Building Details
- Gross Income $158,890
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 22, 2021
Closed on
Nov 24, 2021
Sold by
Bought by
Seller's Agent
Kevin Danby
Clermont Real Estate
Buyer's Agent
Tommy Li
BB Realty CT
List Price
$1,499,000
Sold Price
$1,450,000
Premium/Discount to List
-$49,000
-3.27%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,584
Purchase Details
Closed on
Mar 26, 1984
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| -- | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/24/2021 11/24/21 | Sold | $1,450,000 | -3.3% | $114 / Sq Ft |
| 09/22/2021 09/22/21 | Pending | -- | -- | -- |
| 07/22/2021 07/22/21 | For Sale | $1,499,000 | -- | $118 / Sq Ft |
Source: SmartMLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $6,397 | $265,200 | $95,200 | $170,000 |
| 2024 | $5,408 | $176,400 | $79,400 | $97,000 |
| 2023 | $5,176 | $176,400 | $79,400 | $97,000 |
| 2022 | $5,123 | $176,400 | $79,400 | $97,000 |
| 2021 | $5,031 | $176,400 | $79,400 | $97,000 |
| 2020 | $4,720 | $161,700 | $76,900 | $84,800 |
| 2019 | $4,720 | $161,700 | $76,900 | $84,800 |
| 2018 | $4,631 | $161,700 | $76,900 | $84,800 |
| 2017 | $4,617 | $161,700 | $76,900 | $84,800 |
| 2016 | $4,510 | $161,700 | $76,900 | $84,800 |
| 2015 | $4,442 | $161,700 | $76,900 | $84,800 |
| 2014 | $4,348 | $161,700 | $76,900 | $84,800 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Danby
-
Robert Clermont
Seller Co-Listing Agent in 2021
Robert Clermont
Clermont Real Estate
(203) 675-6902
66 Total Sales
-
Tommy Li
T
Buyer's Agent in 2021
Tommy Li
BB Realty CT
(860) 840-1538
10 Total Sales
Map
Source: SmartMLS
MLS Number: 170420710
APN: WALL-000061-000000-000139
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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