$510,000
SOLD JUL 31, 2024
4 Beds
4 Baths
2,200 Sq Ft
0.35 Acres

Recently Sold

$232 Per Sq Ft

2% Above List Price

26 Days on Market

Highlights

  • Attic
  • Hot Water Circulator
  • Level Lot
  • Union School Rated A
  • Hot Water Heating System

About This Home

As of July 2024

Rarely available two-family duplex in Farmington. Nestled in a quiet neighborhood setting. Both units offer welcoming family room, a large eat-in kitchen with sliders to the private back yard. On the first floor you will find a half bath as well. Upstairs, you will be greeted with an oversized primary bedroom, a generously sized secondary bedroom and a full bath. The large windows brings in the natural light. Flooring includes, tiled kitchens, carpet and new floating floors. For unit #25, there is an almost completed finished basement. Laundry hook up for each unit is found in the lower level. Both units are currently rented. Windows in the front are new. Furnace is serviced annually. The roof was replaced in 2016. The back yard is large and completely level ready for gardening and/or play time. The circular driveway offers ample parking! This location is in the heart of the award-winning Farmington school district and within walking distance of restaurants, grocery stores, coffee shops as well as the biking and walking trail system. Don't miss this wonderful opportunity for a new owner landlord or investor!

Last Agent to Sell the Property

Pia Ciccone

Berkshire Hathaway NE Prop. License #RES.0753779 Listed on: 07/05/2024

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Cindy Gaioni

KW Legacy Partners License #RES.0805384

KW Legacy Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,916

Year Built

  • Built in 1987

Lot Details

  • 0.35 Acre Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Union Elementary School
  • Robbins Middle School
  • West Woods Middle School
  • Farmington High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Hot Water Circulator

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1982503

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,916

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Neighborhood: Unionville
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2200
  • Total Sq Ft: 2200
  • Year Built: 1987
  • New Construction: No/Resale
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Rt. 177 Forest Street
  • Financing Used: Conventional Fixed
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Unfinished
  • Laundry Room Location: Basement- washer/dryers owned by tenants
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 25-29

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • 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 Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Union
  • Middle School: Robbins
  • High School: Farmington
  • Intermediate School: West Woods

Lot Info

  • Acres: 0.35
  • Lot Description: Level Lot
  • Zoning: R12
  • Parcel #: 1982503

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 6916
  • Total Assessed Value: 271740
  • Mil Rate Total: 25.45

MLS Schools

  • Elementary School: Union
  • Middle Jr High School: Robbins
  • High School: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2024
Closed on
Jul 31, 2024
Sold by
King Jennifer A and Twohig Patrick J
Bought by
Shah Jigesh R
Seller's Agent
Pia Ciccone
Berkshire Hathaway NE Prop.
Buyer's Agent
Cindy Gaioni
KW Legacy Partners
List Price
$500,000
Sold Price
$510,000
Premium/Discount to List
$10,000
2%
Views
34
Current Estimated Value
$494,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,988
Avg. Annual Appreciation
-3.23%
Original Mortgage
$300,181
Outstanding Balance
$297,323
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$196,689

Purchase Details

Closed on
Jun 29, 2018
Sold by
King Robert D and King Lynn K
Bought by
King Jennifer A and Twohig Patrick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $510,000 None Available
Warranty Deed $510,000 None Available
Warranty Deed $260,000 --
Warranty Deed $260,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,181 Purchase Money Mortgage
Closed $300,181 Purchase Money Mortgage
Previous Owner $96,800 Stand Alone Refi Refinance Of Original Loan
Previous Owner $234,750 Balloon
Previous Owner $230,000 Purchase Money Mortgage
Previous Owner $182,000 Credit Line Revolving
Previous Owner $121,000 No Value Available
Previous Owner $150,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $510,000 +2.0% $232 / Sq Ft
07/05/2024 07/05/24 For Sale $500,000 -- $227 / 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 $7,452 $279,930 $75,250 $204,680
2024 $6,916 $271,740 $75,250 $196,490
2023 $6,579 $271,740 $75,250 $196,490
2022 $5,845 $199,220 $65,480 $133,740
2021 $5,740 $199,220 $65,480 $133,740
2020 $5,572 $199,220 $65,480 $133,740
2019 $5,572 $199,220 $65,480 $133,740
2018 $5,415 $199,220 $65,480 $133,740
2017 $4,737 $177,540 $67,860 $109,680
2016 $4,577 $177,540 $67,860 $109,680
2015 $4,440 $177,540 $67,860 $109,680
2014 $4,338 $177,510 $67,830 $109,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24029466

SmartMLS

APN: FARM-000023-000000-000006B