NOT LISTED FOR SALE

241 Riverside Ave Torrington, CT 06790

Estimated Value: $307,000 - $428,000

5 Beds
3 Baths
2,329 Sq Ft
$150/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $129,900 $56 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $2,603/month

72 Days on Market

Highlights

  • Attic
  • 3 Car Detached Garage
  • Baseboard Heating
  • No HOA
  • Porch
  • Level Lot

About This Home

As of January 2022

This Fannie Mae 3 family home has great potential with good size rooms,wood floors,large rear deck and 3 car garage. With a few repairs and updates this one can be a great home while collecting some rent !!!

Last Agent to Sell the Property

Don Sciarretto

Berkshire Hathaway NE Prop. License #RES.0756457 Listed on: 09/09/2021

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Shaun Gordon

Century 21 AllPoints Realty License #RES.0819195

Century 21 AllPoints Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,027

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Fiberglass Roof
  • Aluminum Siding

Interior Spaces

  • 2,329 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Storage In Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Detached Garage
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,027

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2329
  • Public Record Living Room Sq Ft: 2329
  • Total Sq Ft: 2329
  • Year Built: 1920
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Route 4 to Riverside Ave
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Storage Space
  • Basement Description: Full
  • Laundry Room Info: Hook-Up In Unit 1, Hook-Up In Unit 2
  • Attic: Yes

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Fiberglass Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 3
  • Driveway Type: Asphalt

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.1700
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: R6

Multi Family

  • Unit Count: 3
  • Total Multi Family: 12
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 5027
  • Mil Rate Base: 46.170
  • Assessor Parcel Number: 890103

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Jan 28, 2022
Sold by
Fnma
Bought by
Tillock Jaime
Seller's Agent
Don Sciarretto
Berkshire Hathaway NE Prop.
Buyer's Agent
Shaun Gordon
Century 21 AllPoints Realty
List Price
$144,900
Sold Price
$129,900
Premium/Discount to List
-$15,000
-10.35%
Current Estimated Value
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,100
Avg. Annual Appreciation
29.45%
Original Mortgage
$158,100
Outstanding Balance
$146,629
Interest Rate
3.45%
Mortgage Type
Commercial
Estimated Equity
$203,371

Purchase Details

Closed on
Aug 5, 2021
Sold by
Newrez Llc
Bought by
Fnma

Purchase Details

Closed on
Jul 28, 2021
Sold by
Patten Michael and Ditech Financial Llc
Bought by
Ditech Financial Llc

Purchase Details

Closed on
Oct 25, 2006
Sold by
Pavan Jeffrey S
Bought by
Patten Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
6.48%
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
Tillock Jaime $129,900 None Available
Fnma -- None Available
Ditech Financial Llc -- None Available
Patten Michael $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tillock Jaime $158,100
Previous Owner Patten Michael $96,600
Previous Owner Patten Michael $97,000
Previous Owner Patten Michael $97,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2022 01/31/22 Sold $129,900 -3.7% $56 / Sq Ft
11/20/2021 11/20/21 Pending -- -- --
10/19/2021 10/19/21 Price Changed $134,900 -6.9% $58 / Sq Ft
09/09/2021 09/09/21 For Sale $144,900 0.0% $62 / Sq Ft
01/01/2014 01/01/14 Rented $700 -15.2% --
12/09/2013 12/09/13 Under Contract -- -- --
08/29/2013 08/29/13 For Rent $825 -- --
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 $9,119 $237,160 $20,160 $217,000
2024 $5,866 $122,280 $20,160 $102,120
2023 $5,865 $122,280 $20,160 $102,120
2022 $5,132 $108,870 $20,160 $88,710
2021 $5,027 $108,870 $20,160 $88,710
2020 $5,027 $108,870 $20,160 $88,710
2019 $4,315 $93,450 $20,160 $73,290
2018 $4,315 $93,450 $20,160 $73,290
2017 $4,275 $93,450 $20,160 $73,290
2016 $4,275 $93,450 $20,160 $73,290
2015 $4,275 $93,450 $20,160 $73,290
2014 $4,126 $113,600 $26,600 $87,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170436164

SmartMLS

APN: TORR-000109-000004-000016