NOT LISTED FOR SALE

22 Franklin St Wallingford, CT 06492

Estimated Value: $406,000 - $432,000

4 Beds
3 Baths
1,997 Sq Ft
$210/Sq Ft Est. Value

Last Sold February 07, 2024

Last sale price $355,000 $178 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,789/month

17 Days on Market

Highlights

  • Property is near public transit
  • Wood Siding
  • Modified Wall Outlets
  • Public Transportation

About This Home

As of February 2024

Rare three-family home located within walking distance to all that downtown Wallingford has to offer! Walk to the shops and fine dining, as well as parks and public transportation.. only a few steps away! A true gem, three spacious units. The first two floors are two-bedrooms and the third floor is a studio apartment with high ceilings. Each unit has two entrances. The backyard is very spacious, and the house has a driveway for tenants to park their vehicle off street shall they so desire. Large spacious porch in the front of the first floor, with another large balcony on the second floor which illustrates the classic Victorian architecture from the period this house was built. Value-add opportunity as these units are rented at below-market rates, allowing an investor to increase the cash flow/value of the asset.

Last Agent to Sell the Property

Alan Barberino

Alan Barberino Real Estate LLC License #REB.0755298 Listed on: 12/01/2023

Last Buyer's Agent

Emmannuel Pina

eXp Realty License #RES.0803996

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,419

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • 1,997 Sq Ft Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Accessible Home Design

  • Modified Wall Outlets
  • Multiple Entries or Exits

Location

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

Schools

  • Hammarskjold Middle School
  • Lyman Hall High School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas

Additional Features

  • Unfinished Basement

Community Details

  • 3 Units
  • Public Transportation
  • Gross Income $29,400

Listing and Financial Details

  • Assessor Parcel Number 2046467

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,419

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 1997
  • Total Sq Ft: 1997
  • Year Built: 1920
  • New Construction: No/Resale
  • Nearby Amenities: Library, Park, Public Transportation, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Handicap Features: Multiple Entries/Exits
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3568
  • Directions: Turn onto Franklin Street from Route 5 (South Colony Road)
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 1997
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Description: Unfinished
  • Attic: No
  • Home Automation: Electric Outlet(s)
  • Street Number Modifier: 22

Exterior Features

  • Exterior Siding: Wood, Other
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: Off Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Gas on Gas
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Hammarskjold
  • High School: Lyman Hall

Lot Info

  • Acres: 0.13
  • Lot Description: N/A
  • Elevation Certificate: No
  • Zoning: R6
  • Parcel #: 2046467

Multi Family

  • Gross Annual Income: 29400
  • Total Number Of Units: 3
  • Unit Count: 1

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 4419
  • Total Assessed Value: 150600
  • Mil Rate Total: 29.34

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Hammarskjold
  • High School: Lyman Hall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Feb 7, 2024
Sold by
Fishbein Jacqueline
Bought by
Ouimette Denis R
Seller's Agent
Alan Barberino
Alan Barberino Real Estate LLC
Buyer's Agent
Emmannuel Pina
eXp Realty
List Price
$378,600
Sold Price
$355,000
Premium/Discount to List
-$23,600
-6.23%
Views
119
Current Estimated Value
$418,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,836
Avg. Annual Appreciation
8.22%
Original Mortgage
$248,500
Outstanding Balance
$244,593
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$158,872

Purchase Details

Closed on
Apr 19, 1994
Sold by
Derby Sb
Bought by
Fishbein Jacqueline and Ovimette Denis R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 1988
Sold by
Oswald Jeffrey D
Bought by
Irwin Austin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
10.48%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ouimette Denis R $355,000 None Available
Ouimette Denis R $355,000 None Available
Fishbein Jacqueline $55,000 --
Fishbein Jacqueline $55,000 --
Irwin Austin E $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ouimette Denis R $248,500
Closed Ouimette Denis R $248,500
Previous Owner Irwin Austin E $41,250
Previous Owner Irwin Austin E $151,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2024 02/07/24 Sold $355,000 -6.2% $178 / Sq Ft
12/18/2023 12/18/23 Pending -- -- --
12/01/2023 12/01/23 For Sale $378,600 -- $190 / 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 $6,922 $287,000 $72,000 $215,000
2024 $4,617 $150,600 $59,900 $90,700
2023 $4,419 $150,600 $59,900 $90,700
2022 $4,373 $150,600 $59,900 $90,700
2021 $4,295 $150,600 $59,900 $90,700
2020 $4,081 $139,800 $64,100 $75,700
2019 $4,081 $139,800 $64,100 $75,700
2018 $4,004 $139,800 $64,100 $75,700
2017 $3,991 $139,800 $64,100 $75,700
2016 $3,899 $139,800 $64,100 $75,700
2015 $3,840 $139,800 $64,100 $75,700
2014 $3,759 $139,800 $64,100 $75,700
Source: Public Records

Agents Affiliated with this Home

  • Alan Barberino

    Seller's Agent in 2024

    Alan Barberino

    Alan Barberino Real Estate LLC

    (203) 623-0002

    7 in this area

    30 Total Sales

    Alan Barberino
    Section Image
  • Emmannuel Pina

    Buyer's Agent in 2024

    Emmannuel Pina

    eXp Realty

    (475) 255-6799

    1 in this area

    162 Total Sales

    Emmannuel Pina
    Section Image
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Map

Source: SmartMLS

MLS Number: 170613023

SmartMLS

APN: WALL-000133-000000-000380

Connecticut New Haven County Wallingford 06492

22 Franklin St, Wallingford, CT

This home is located at 22 Franklin St, Wallingford, CT 06492 since 01 December 2023 and is currently estimated at $418,836, approximately $209 per square foot. This property was built in 1920. 22 Franklin St is a home located in New Haven County with nearby schools including Moses Y Beach Elementary School, Rock Hill Elementary School, and Dag Hammarskjold Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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