NOT LISTED FOR SALE

22 Carey St Willimantic, CT 06226

Estimated Value: $304,000 - $380,000

6 Beds
3 Baths
2,255 Sq Ft
$152/Sq Ft Est. Value

Last Sold July 08, 2024

Last sale price $330,000 $146 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,316/month

9 Days on Market

Highlights

  • Thermal Windows
  • Coin Laundry
  • Level Lot
  • Heating System Uses Steam
  • Concrete Flooring

About This Home

As of July 2024

Well kept 3 unit multi family property, 2 bedrooms per unit, one unit per floor. Updated windows and newer roof. Separate utilities for all units and has an owner electrical panel. Excellent upside potential with minor cosmetic updates in each unit. Tenants are on a month to month basis and will occupy through a transaction. Will not go FHA - needs some interior and exterior paint. Shared driveway for access, paved parking, a great investment property! Multiple offers, highest and best offers are due by noon, Tuesday May 28, 2024. The seller may accept an offer at any time.

Last Agent to Sell the Property

Rick Nassiff

KW Legacy Partners License #RES.0788579 Listed on: 05/17/2024

KW Legacy Partners

Last Buyer's Agent

Joseph Bonneau

eXp Realty License #REB.0794011

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,500

Year Built

  • Built in 1885

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Parking

  • 8 Parking Spaces

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Asbestos Siding

Interior Spaces

  • 2,255 Sq Ft Home
  • Thermal Windows
  • Concrete Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Schools

  • Natchaug Elementary School
  • Windham High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

  • 3 Units
  • Coin Laundry
  • Gross Income $31,500

Listing and Financial Details

  • Assessor Parcel Number 1733510

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,500

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Neighborhood: Willimantic
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2255
  • Total Sq Ft: 2255
  • Year Built: 1885
  • New Construction: No/Resale
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Jackson to Carey St
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 2255
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Description: Full, Unfinished, Interior Access, Concrete Floor, Full With Hatchway
  • Laundry Room Location: Basement
  • Laundry Room Info: Coin Op Laundry, Common Laundry Area
  • Attic: No
  • Street Number Modifier: 22

Exterior Features

  • Exterior Siding: Asbestos
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Total Parking Spaces: 8
  • Garage And Parking: None, Paved, Off Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Steam
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic, 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Natchaug
  • High School: Windham

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.17
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: NPR2
  • Parcel #: 1733510

Multi Family

  • Gross Annual Income: 31500
  • Net Operating Income: 26500
  • Total Number Of Units: 3

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 5500
  • Total Assessed Value: 148420
  • Mil Rate Total: 37.06

MLS Schools

  • Elementary School: Natchaug
  • High School: Windham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Jul 8, 2024
Sold by
Shuma Sharmin
Bought by
Balogh Jordan
Seller's Agent
Rick Nassiff
KW Legacy Partners
Buyer's Agent
Joseph Bonneau
eXp Realty
List Price
$289,900
Sold Price
$330,000
Premium/Discount to List
$40,100
13.83%
Views
66
Current Estimated Value
$343,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,676
Avg. Annual Appreciation
3.56%
Original Mortgage
$324,022
Outstanding Balance
$320,750
Interest Rate
7.03%
Mortgage Type
FHA
Estimated Equity
$22,926

Purchase Details

Listed on
Mar 29, 2019
Closed on
Aug 2, 2019
Sold by
Spinner Carl A and Spinner Kathleen A
Bought by
Shuma Sharmin
Seller's Agent
Jeanne Crum
Home Selling Team
Buyer's Agent
Lindsey L. Niarhakos
RE/MAX One
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.05%
Original Mortgage
$176,739
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 21, 1989
Sold by
Desrosiers Gwedolyn
Bought by
Spinner Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
9.97%
Mortgage Type
Purchase Money Mortgage
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
Balogh Jordan $330,000 None Available
Shuma Sharmin -- --
Spinner Carl $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balogh Jordan $324,022
Previous Owner Shuma Sharmin $170,109
Previous Owner Shuma Sharmin $176,739
Previous Owner Spinner Carl $111,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $330,000 +13.8% $146 / Sq Ft
05/26/2024 05/26/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $289,900 +61.1% $129 / Sq Ft
08/02/2019 08/02/19 Sold $180,000 -4.8% $80 / Sq Ft
06/15/2019 06/15/19 Pending -- -- --
03/29/2019 03/29/19 For Sale $189,000 -- $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 $5,495 $148,420 $29,720 $118,700
2024 $5,500 $148,420 $29,720 $118,700
2023 $3,879 $81,840 $22,470 $59,370
2022 $3,822 $81,840 $22,470 $59,370
2021 $4,099 $81,840 $22,470 $59,370
2020 $4,090 $81,840 $22,470 $59,370
2019 $4,024 $81,840 $22,470 $59,370
2017 $3,128 $65,690 $21,460 $44,230
2015 $2,256 $65,690 $21,460 $44,230
2014 $2,853 $65,690 $21,460 $44,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24018766

SmartMLS

APN: WIND-001403-000068-000006