NOT LISTED FOR SALE

228 Clifton St Wallingford, CT 06492

Estimated Value: $317,000 - $403,270

4 Beds
2 Baths
2,509 Sq Ft
$136/Sq Ft Est. Value

Last Sold December 06, 2024

Last sale price $305,000 $122 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,297/month

11 Days on Market

About This Home

As of December 2024

Don't miss your chance to own in Wallingford at a great price. This home is a legal 2 family per the town of Wallingford; however, it has a 3rd unit on its 3rd floor. Each unit has it's own heating system and electric. Plenty of off street parking. The 1st floor unit features a large eat in kitchen, a living room, 2 bedrooms, 1 full bath, gas heat, and a newer furnace. The unit is rented for $550.00/mo. The 2nd floor unit features a large eat in kitchen, a living room, 2 bedrooms, 1 full bath, and gas heat. The unit is rented for $650.00/Mo. The 3rd floor unit features an eat in kitchen, a living room, 1 bedroom, 1 full bath, electric heat, and a newer hot water heater. The unit is rented for $550.00/Mo. The rents are way below market, and the home has some deferred maintenance; however, the upside potential to convert the property into a legal 3 family is well worth the effort and the investment. Take a look at what 3 family homes are selling for in Wallingford, and what 2 bedroom units are renting for, and you will see what I mean.

Last Agent to Sell the Property

Robert Clermont

Clermont Real Estate License #REB.0790498 Listed on: 09/15/2024

Last Buyer's Agent

Alicia Mahon

William Pitt Sotheby's Int'l License #RES.0811441

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,231

Year Built

  • Built in 1925

Lot Details

  • 6,098

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,509 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 6,098 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Gross Income $21,000

Listing and Financial Details

  • Assessor Parcel Number 2048567

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,231

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2509
  • Total Sq Ft: 2509
  • Year Built: 1925
  • New Construction: No/Resale
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: GPS Friendly
  • Financing Used: Other
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement Description: Full
  • Attic: No

Exterior Features

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

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.14
  • Lot Description: Corner Lot Level Lot
  • Flood Zone: No
  • Zoning: R6
  • Parcel #: 2048567

Multi Family

  • Gross Annual Income: 21000
  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 5231

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2024
Closed on
Dec 6, 2024
Sold by
Williams Badford G
Bought by
Ecf Prop Llc
Seller's Agent
Robert Clermont
Clermont Real Estate
Buyer's Agent
Alicia Mahon
William Pitt Sotheby's Int'l
List Price
$340,000
Sold Price
$305,000
Premium/Discount to List
-$35,000
-10.29%
Views
40
Current Estimated Value
$341,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,818
Avg. Annual Appreciation
10.51%
Original Mortgage
$313,550
Outstanding Balance
$310,963
Interest Rate
6.54%
Mortgage Type
Commercial
Estimated Equity
$30,855

Purchase Details

Closed on
May 1, 2006
Sold by
Demerchant William P and Demerchant Joan C
Bought by
Williams Bradford G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,343
Interest Rate
6.4%

Purchase Details

Closed on
Oct 18, 2000
Sold by
Demarchant R William P and Demarchant Joan C
Bought by
Williams Bradford G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ecf Prop Llc $305,000 None Available
Ecf Prop Llc $305,000 None Available
Williams Bradford G $51,342 --
Williams Bradford G $51,342 --
Williams Bradford G $50,000 --
Williams Bradford G $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ecf Prop Llc $313,550
Closed Ecf Prop Llc $313,550
Previous Owner Williams Bradford G $50,500
Previous Owner Williams Bradford G $33,343
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2024 12/06/24 Sold $305,000 -10.3% $122 / Sq Ft
09/26/2024 09/26/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $340,000 +11.5% $136 / Sq Ft
09/16/2024 09/16/24 Off Market $305,000 -- --
09/15/2024 09/15/24 For Sale $340,000 -- $136 / Sq Ft
Source: SmartMLS

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 $6,216 $257,700 $72,500 $185,200
2024 $5,231 $170,600 $60,400 $110,200
2023 $5,005 $170,600 $60,400 $110,200
2022 $4,954 $170,600 $60,400 $110,200
2021 $0 $170,600 $60,400 $110,200
2020 $4,352 $149,100 $59,400 $89,700
2019 $0 $149,100 $59,400 $89,700
2018 $0 $149,100 $59,400 $89,700
2017 $4,257 $149,100 $59,400 $89,700
2016 $4,158 $149,100 $59,400 $89,700
2015 $4,090 $148,900 $59,200 $89,700
2014 $4,004 $148,900 $59,200 $89,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24046897

SmartMLS

APN: WALL-000147-000000-000069