NOT LISTED FOR SALE

251 Summit St Willimantic, CT 06226

Estimated Value: $224,025 - $297,000

5 Beds
3 Baths
2,176 Sq Ft
$121/Sq Ft Est. Value

Last Sold May 21, 2019

Last sale price $100,000 $46 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $1,829/month

6 Days on Market

Highlights

  • Deck
  • No HOA
  • Public Transportation
  • Property is near public transit
  • Porch
  • Level Lot

About This Home

As of May 2019

Great property with income potential! This property has two units, one up and one down. The upstairs unit is two floors with four bedrooms, and two full baths, making the unit large and perfect if you need extra space. The lower level unit has one bedroom, and one bath. There have been lots of updates made including updated windows, a flat roof, updated electrical, and an updated furnace. The property also offers off street parking, and laundry in the basement. Come and see for yourself!

Last Agent to Sell the Property

Jody Cox

Naples Realty Group, LLC License #REB.0755403 Listed on: 05/03/2019

Naples Realty Group, LLC

Last Buyer's Agent

Luis Rodriguez

Coldwell Banker Realty License #RES.0755672

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,711

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • Parking Deck
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit

Utilities

  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,711

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1616
  • Public Record Living Room Sq Ft: 1616
  • Sq Ft Est Heated Below Grade: 560
  • Total Sq Ft: 2176
  • Year Built: 1900
  • Nearby Amenities: Public Transportation
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2678
  • Directions: GPS friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full
  • Laundry Room Location: washer and dryer in basement
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Street Number Modifier: 251

Exterior Features

  • Exterior Features: Deck, Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Paved

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1000
  • Lot Description: Level Lot
  • Zoning: NPR2

Multi Family

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

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 3711
  • Total Assessed Value: 77950
  • Mil Rate Base: 36.650
  • Mil Rate Tax District: 10.960
  • Mil Rate Total: 47.610
  • Assessor Parcel Number: 2292619

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
May 3, 2019
Closed on
May 20, 2019
Sold by
Community Health Resourcs
Bought by
Melillo Gigi
Seller's Agent
Jody Cox
Naples Realty Group, LLC
Buyer's Agent
Luis Rodriguez
Coldwell Banker Realty
List Price
$104,900
Sold Price
$100,000
Premium/Discount to List
-$4,900
-4.67%
Current Estimated Value
$262,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,756
Avg. Annual Appreciation
14.81%

Purchase Details

Closed on
Aug 1, 2000
Sold by
Imc Mortgage
Bought by
Community Prevention

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,750
Interest Rate
9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 1996
Sold by
Dawson Vernice
Bought by
Neyeloff Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
7.89%
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
Melillo Gigi $100,000 --
Community Prevention $75,000 --
Neyeloff Sergio $29,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neyeloff Sergio $36,750
Previous Owner Neyeloff Sergio $69,600
Previous Owner Neyeloff Sergio $21,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2019 05/21/19 Sold $100,000 -4.7% $46 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $104,900 -- $48 / 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 $5,226 $141,160 $26,750 $114,410
2024 $5,231 $141,160 $26,750 $114,410
2023 $3,639 $76,770 $20,220 $56,550
2022 $3,585 $76,770 $20,220 $56,550
2021 $3,845 $76,770 $20,220 $56,550
2020 $3,837 $76,770 $20,220 $56,550
2019 $3,775 $76,770 $20,220 $56,550
2017 $3,711 $77,950 $21,220 $56,730
2015 $2,678 $77,950 $21,220 $56,730
2014 $3,385 $77,950 $21,220 $56,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170169671

SmartMLS

APN: WIND-001303-000045-000015