NOT LISTED FOR SALE

22 Lorraine Rd Unit 24 Wethersfield, CT 06109

Estimated Value: $396,079 - $477,000

5 Beds
3 Baths
2,808 Sq Ft
$159/Sq Ft Est. Value

Last Sold August 13, 2018

Last sale price $264,900 $94 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,140/month

16 Days on Market

Highlights

  • Attic
  • Balcony
  • Enclosed patio or porch
  • No HOA
  • 2 Car Detached Garage
  • Property is near shops

About This Home

As of August 2018

Huge potential in this spacious Multi-Family property! Currently set up as a 2-Family property with a first floor unit and a 2nd/3rd floor unit. There is the potential for the 3rd floor to be a separate unit, making this a 3-Family. Great layout in each of the units! First floor unit has hardwood flooring, high ceilings, 2 spacious bedrooms, and a front porch. Access from the front or the back of the home. Upper unit has and identical floor plan as the 1st floor on the 2nd floor along with additional fully finished space on the 3rd floor. The 3rd floor provides a 3rd Bedroom, Office or Rec room and tons of closet/storage space. Upper unit offers an enclosed balcony and nice stairway entry on the front as well as entry on the back. Laundry available in each unit. Detached 2-car Garage. This property is in a great neighborhood and is conveniently located nearby shops, restaurants, bus lines, and highways.

Last Listed By

Melanie Poehnert

Coldwell Banker Realty License #RES.0799146 Listed on: 06/26/2018

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,422

Year Built

  • Built in 1929

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 2,808 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Attic

  • Attic Floors
  • Partially Finished Attic

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Balcony
  • Enclosed patio or porch

Location

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

Schools

  • Charles Wright Elementary School
  • Silas Deane Middle School
  • Wethersfield High School

Utilities

  • Floor Furnace
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Hot Water Circulator
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,422

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2808
  • Public Record Living Room Sq Ft: 2808
  • Total Sq Ft: 2808
  • Year Built: 1929
  • Nearby Amenities: Health Club, Park, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 5290
  • Directions: Walcott Hill Road to Lorraine Road
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Partially Finished, Heated, Floored
  • Basement Description: Full
  • Attic: Yes
  • Street Number Modifier: 22

Exterior Features

  • Exterior Features: Balcony, Porch, Porch-Enclosed, Sidewalk
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Paved

Utilities

  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Charles Wright
  • Middle School: Silas Deane
  • High School: Wethersfield

Lot Info

  • Acres: 0.1700
  • Lot Description: Level Lot
  • Zoning: RES

Multi Family

  • Unit Count: 2
  • Total Multi Family: 12
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 7422
  • Total Assessed Value: 182000
  • Mil Rate Base: 40.780
  • Mil Rate Total: 40.780
  • Assessor Parcel Number: 766709

MLS Schools

  • Elementary School: Charles Wright
  • Middle Jr High School: Silas Deane
  • High School: Wethersfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2018
Closed on
Aug 14, 2018
Sold by
Staron John Est
Bought by
Parker Brooks W
Seller's Agent
Melanie Poehnert
Coldwell Banker Realty
Buyer's Agent
Christine Morrissette
William Raveis Real Estate
List Price
$274,900
Sold Price
$264,900
Premium/Discount to List
-$10,000
-3.64%
Total Days on Market
16
Current Estimated Value
$447,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,620
Avg. Annual Appreciation
8.04%
Original Mortgage
$225,165
Outstanding Balance
$198,753
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$247,980

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
Parker Brooks W $264,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Staron John $225,165
Previous Owner Staron John $29,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2018 08/13/18 Sold $264,900 -3.6% $94 / Sq Ft
07/13/2018 07/13/18 For Sale $274,900 0.0% $98 / Sq Ft
07/12/2018 07/12/18 Pending -- -- --
06/27/2018 06/27/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $274,900 -- $98 / 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
2024 $7,911 $183,050 $64,400 $118,650
2023 $7,648 $183,050 $64,400 $118,650
2022 $7,520 $183,050 $64,400 $118,650
2021 $7,445 $183,050 $64,400 $118,650
2020 $7,448 $183,050 $64,400 $118,650
2019 $7,457 $183,050 $64,400 $118,650
2018 $7,422 $182,000 $61,600 $120,400
2017 $7,238 $182,000 $61,600 $120,400
2016 $7,014 $182,000 $61,600 $120,400
2015 $6,951 $182,000 $61,600 $120,400
2014 $6,687 $182,000 $61,600 $120,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170098241

SmartMLS

APN: WETH-000170-000000-000020