NOT LISTED FOR SALE

216 Main St East Windsor, CT 06088

Estimated Value: $491,000 - $560,949

10 Beds
4 Baths
4,816 Sq Ft
$112/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $455,000 $94 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,539/month

16 Days on Market

Highlights

  • Property is near public transit
  • 2 Fireplaces
  • Porch
  • Attic
  • No HOA
  • Public Transportation

About This Home

As of May 2022

Opportunity abounds in this fully occupied four unit home located in up and coming East Windsor. Do not miss the opportunity to own one of the only four family homes in the town. While the current owner has increased rents every year, there is still ample room to raise rent and add instant value. Owner has made improvements to two of the four units and tenants are all M2M, so the new owner is free to do what they would like. Property consists of 4 legally 2-br/1-bth units. However, two of the 4 units have extra rooms for additional living space! Home is in Hartford County, but still convenient to Boston and New York. The highway, malls, pharmacies, are all super close as well. The owner is motivated so this is priced to sell. This one will not last, schedule a showing today!

Last Agent to Sell the Property

Jeremy Harvey

J Harvey Realty License #REB.0794965 Listed on: 03/13/2022

Last Buyer's Agent

Alexander Pepe

William Raveis Real Estate License #RES.0822608

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,938

Year Built

  • Built in 1960

Lot Details

  • 1.09 Acre Lot

Home Design

  • Side-by-Side
  • Brick Exterior Construction
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 4,816 Sq Ft Home
  • 2 Fireplaces
  • Shared Basement
  • Walkup Attic

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Parking

  • 9 Car Garage
  • Driveway

Accessible Home Design

  • Modified Wall Outlets
  • Multiple Entries or Exits

Outdoor Features

  • Shed
  • Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Schools

  • East Windsor High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Additional Features

  • Public Transportation
  • Gross Income $53,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,938

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Neighborhood: Warehouse Point
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 4816
  • Total Sq Ft: 4816
  • Year Built: 1960
  • Nearby Amenities: Medical Facilities, Public Pool, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 4 Family
  • Handicap Features: Multiple Entries/Exits
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: On Main St, right next to the sport dome.
  • Special Features: None

Interior Features

  • Total Bedrooms: 10
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Fireplaces: 2
  • Attic Description: Walk-up
  • Basement Description: Shared Basement
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes
  • Home Automation: Electric Outlet(s)
  • Street Number Modifier: 216

Exterior Features

  • Exterior Features: Porch, Shed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage Parking Info: Paved
  • Garages Number: 9
  • Driveway Type: Asphalt

Utilities

  • Cooling System: Window Unit
  • Heat Type: Radiator
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: East Windsor
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 1.0900
  • Lot Description: N/A
  • Flood Zone: No
  • Zoning: R-10

Multi Family

  • Gross Annual Income: 53940
  • Net Operating Income: 41940
  • Unit Count: 4
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 5938
  • Total Assessed Value: 173320
  • Mil Rate Base: 34.260
  • Mil Rate Total: 34.260
  • Assessor Parcel Number: 523864

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2022
Closed on
May 19, 2022
Sold by
Premier Capital Llc
Bought by
Cordero Hiram
Seller's Agent
Jeremy Harvey
J Harvey Realty
Buyer's Agent
Alexander Pepe
William Raveis Real Estate
List Price
$425,000
Sold Price
$455,000
Premium/Discount to List
$30,000
7.06%
Current Estimated Value
$505,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,420
Avg. Annual Appreciation
2.67%
Original Mortgage
$429,181
Outstanding Balance
$407,602
Interest Rate
4.72%
Mortgage Type
FHA
Estimated Equity
$87,526

Purchase Details

Closed on
May 27, 2021
Sold by
Harvey Jeremy
Bought by
Premier Capital Invs Llc
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
Cordero Hiram $451,000 None Available
Cordero Hiram $451,000 None Available
Premier Capital Invs Llc -- None Available
Premier Capital Invs Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cordero Hiram $429,181
Closed Cordero Hiram $429,181
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $455,000 +3.4% $94 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/13/2022 03/13/22 Price Changed $440,000 +3.5% $91 / Sq Ft
03/13/2022 03/13/22 For Sale $425,000 -- $88 / 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 $8,980 $332,240 $34,250 $297,990
2024 $8,691 $332,240 $34,250 $297,990
2023 $5,936 $162,270 $50,270 $112,000
2022 $7,880 $162,270 $50,270 $112,000
2021 $5,907 $162,270 $50,270 $112,000
2020 $5,910 $162,270 $50,270 $112,000
2019 $5,785 $162,270 $50,270 $112,000
2018 $5,728 $162,270 $50,270 $112,000
2017 $6,277 $184,230 $53,290 $130,940
2016 $5,919 $184,230 $53,290 $130,940
2015 $5,584 $184,230 $53,290 $130,940
2014 $5,486 $184,230 $53,290 $130,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170473452

SmartMLS

APN: EWIN-000091-000012-000031