22 Franklin St Wallingford, CT 06492
Estimated Value: $390,000 - $400,000
4
Beds
3
Baths
1,997
Sq Ft
$197/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Wood Siding
- Modified Wall Outlets
- Public Transportation
About This Home
As of February 2024Rare 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 Real Estate LLC License #REB.0755298 Listed on: 12/01/2023
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,497
Avg. Annual Appreciation
5.16%
Original Mortgage
$248,500
Outstanding Balance
$245,309
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$134,843
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
Similar Homes in Wallingford, CT
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ouimette Denis R | $355,000 | None Available | |
| 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 | |
| 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
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 | $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
6 in this area
26 Total Sales
-
Emmannuel Pina
Buyer's Agent in 2024
Emmannuel Pina
eXp Realty
(475) 255-6799
1 in this area
157 Total Sales
Map
Source: SmartMLS
MLS Number: 170613023
APN: WALL-000133-000000-000380
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