NOT LISTED FOR SALE

227 Prospect St Willimantic, CT 06226

Estimated Value: $348,013 - $386,000

5 Beds
2.5 Baths
2,373 Sq Ft
$154/Sq Ft Est. Value

Last Sold January 26, 2015

Last sale price $57,500 $24 Per Sq Ft

Est. 534% increase in value since last sale

Current estimated payment $2,568/month

About This Home

As of August 2015

Fully renovated home in hill section near ECSU. This place will be BRAND NEW. 5 huge bedrooms, 2 Full Baths on 2nd floor and half- bath on 1st floor. Spacious living room, dining room and brand-new kitchen with granite counter tops and stainless appliances. First floor laundry, refinished hardwood floors throughout, gorgeous trim work with center staircase, huge covered porch and single-car garage. All new windows, plumbing, electrical, sheetrock and tons of insulation. House is currently under renovation and will be ready for August 1st rental. $2,500 per month, tenant to pay all utilities.

Last Agent to Rent the Property

Andrea Kazantzis, CCIM

Kazantzis Real Estate, LLC License #REB.0791040 Listed on: 06/20/2015

Last Renter's Agent

Andrea Kazantzis, CCIM

Kazantzis Real Estate, LLC License #REB.0791040 Listed on: 06/20/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,611

Year Built

  • Built in 1916

Lot Details

  • 0.58

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 2,373 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Pboe Elementary School

Utilities

  • Radiator
  • Heating System Uses Oil Above Ground
  • Oil Water Heater

Listing and Financial Details

  • Smoking Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,611

Year Built

Built in 1916

Lot Details

0

Rental Info

  • Landlord Requirements: Lease Required, Security Deposit
  • Pets Allowed: No
  • Rental Duration: One Year
  • Smoking Allowed: Yes
  • Tenant Responsibility: Cable TV, Electricity, Grounds Maintenance, Sewer, Snow Removal, Trash Service, Water

Listing Details

  • Neighborhood: Willimantic
  • Property Type: Residential Rental
  • Potential Short Sale: No
  • Style: Cape Cod
  • Total Sq Ft: 2373
  • Year Built: 1916
  • Property Sub Type: Single Family Rental
  • Direct Waterfront: No
  • Directions: Prospect Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Oven/Range, Refrigerator, Washer
  • Laundry Room Location: Lower Level
  • Attic: No
  • Street Number Modifier: 227

Exterior Features

  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Assigned Parking

Utilities

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

Schools

  • Elementary School: PBOE
  • High School: Per Board of Ed

Tax Info

  • Mil Rate Total: 40.080
  • Assessor Parcel Number: 2292511

MLS Schools

  • Elementary School: PBOE
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2014
Closed on
Dec 22, 2014
Sold by
Phh Mortgage Corp
Bought by
Usa Va
Seller's Agent
Jonathan King
Aspen Realty Group
Buyer's Agent
Jonathan King
Aspen Realty Group
List Price
$56,500
Sold Price
$57,500
Premium/Discount to List
$1,000
1.77%
Current Estimated Value
$364,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,253
Avg. Annual Appreciation
18.27%

Purchase Details

Closed on
Oct 24, 2014
Sold by
Niemi Erik A and Phh Mortgage Corp
Bought by
Phh Mortgage Corp

Purchase Details

Closed on
Nov 14, 2007
Sold by
1St Cong Chrch Wellima
Bought by
Niemi Erik A and Niemi Jennifer D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,810
Interest Rate
6.41%
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
Usa Va -- --
Phh Mortgage Corp -- --
Niemi Erik A $200,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Niemi Erik A $125,000
Previous Owner Niemi Erik A $204,810
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2015 08/06/15 Rented $2,500 0.0% --
08/06/2015 08/06/15 Under Contract -- -- --
06/20/2015 06/20/15 For Rent $2,500 0.0% --
01/26/2015 01/26/15 Sold $57,500 +1.8% $24 / Sq Ft
01/02/2015 01/02/15 Pending -- -- --
12/29/2014 12/29/14 For Sale $56,500 -- $24 / 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 $7,611 $205,580 $32,770 $172,810
2024 $7,619 $205,580 $32,770 $172,810
2023 $6,151 $129,770 $28,490 $101,280
2022 $6,060 $129,770 $28,490 $101,280
2021 $6,500 $129,770 $28,490 $101,280
2020 $6,486 $129,770 $28,490 $101,280
2019 $6,381 $129,770 $28,490 $101,280
2017 $6,493 $136,380 $22,270 $114,110
2015 $4,351 $120,150 $22,280 $97,870
2014 $5,218 $120,150 $22,280 $97,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: E10057148

SmartMLS

APN: WIND-001303-000048-000012