NOT LISTED FOR SALE

26 Bird St Torrington, CT 06790

Estimated Value: $345,000 - $391,830

5 Beds
3 Baths
2,496 Sq Ft
$147/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $325,000 $130 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,652/month

27 Days on Market

Highlights

  • City View
  • Partially Wooded Lot
  • 2 Car Detached Garage
  • Property is near public transit
  • No HOA
  • Porch

About This Home

As of August 2023

ATTENTION INVESTORS: Turnkey fully rented 3-family income producing property with great tenants on annual leases! This property features two 2 bedroom units, plus a 1 bedroom on the 3rd floor, all with attractive floor plans. Recent updated include a new heating system and water heaters in 2021. Property is at a 7.2% CAP rate at current rates, with potential for a 8.5% CAP rate at fair market rents. All units are nicely updated and the heating system and water heaters were replaced in 2021. This property is conveniently situated in the lower east side of town just minutes to Rt. 8 and major shopping centers.

Last Agent to Sell the Property

Mike Gregor

Cohen Agency SiM, LLC License #REB.0791010 Listed on: 06/21/2023

Last Buyer's Agent

Michael Spremulli

William Pitt Sotheby's Int'l License #RES.0803053

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,704

Year Built

  • Built in 1930

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot
  • Partially Wooded Lot

Home Design

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

Interior Spaces

  • 2,496 Sq Ft Home
  • Ceiling Fan
  • City Views
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Car Detached Garage
  • Private Driveway

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a golf course

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $43,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,704

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2496
  • Public Record Living Room Sq Ft: 2496
  • Total Sq Ft: 2496
  • Year Built: 1930
  • Nearby Amenities: Basketball Court, Commuter Bus, Golf Course, Health Club, Lake, Library, Public Pool, Shopping/Mall
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Tax Year Updated Dt: 06/26/2023
  • Directions: GPS
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Unfinished
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Street Number Modifier: 26

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Private

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Usage Fee Annual: 1038

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Storm Doors, Storm Windows

Lot Info

  • Acres: 0.1900
  • Lot Description: City Views, Level Lot, Lightly Wooded, Sloping Lot
  • Zoning: R6

Multi Family

  • Gross Annual Income: 43800
  • Net Operating Income: 26539
  • Unit Count: 6
  • Total Multi Family: 13
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 4704
  • Total Assessed Value: 98080
  • Mil Rate Base: 47.960
  • Mil Rate Total: 47.960
  • Assessor Parcel Number: 891970

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
Jun 21, 2023
Closed on
Sep 1, 2023
Sold by
C & A Construction Llc
Bought by
Spremulli Michael S and Spremulli Paula E
Seller's Agent
Mike Gregor
Cohen Agency SiM, LLC
Buyer's Agent
Michael Spremulli
William Pitt Sotheby's Int'l
List Price
$369,900
Sold Price
$325,000
Premium/Discount to List
-$44,900
-12.14%
Views
140
Current Estimated Value
$365,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,708
Avg. Annual Appreciation
6.11%
Original Mortgage
$243,750
Outstanding Balance
$238,670
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$127,038

Purchase Details

Listed on
Jun 28, 2012
Closed on
Oct 24, 2012
Sold by
Mccarthy Lynda
Bought by
C & A Constr Llc
Seller's Agent
Sabrina Janco
Century 21 Bay-Mar Realty
Buyer's Agent
Lauren McKenna
Northwest CT Realty
List Price
$112,900
Sold Price
$100,000
Premium/Discount to List
-$12,900
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.46%

Purchase Details

Closed on
May 31, 2007
Sold by
Emery Jason D and Emery Christina M
Bought by
Mccarthy Lynda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.24%
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
Spremulli Michael S $325,000 None Available
C & A Constr Llc $100,000 --
Mccarthy Lynda -- --
Mccarthy Lynda $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spremulli Michael S $243,750
Previous Owner Mccarthy Lynda $285,750
Previous Owner Mccarthy Lynda $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $325,000 -1.5% $130 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/17/2023 07/17/23 Price Changed $329,900 -4.6% $132 / Sq Ft
07/02/2023 07/02/23 Price Changed $345,900 -6.5% $139 / Sq Ft
06/21/2023 06/21/23 For Sale $369,900 0.0% $148 / Sq Ft
03/03/2019 03/03/19 Rented $1,150 +4.5% --
02/23/2019 02/23/19 For Rent $1,100 0.0% --
10/24/2012 10/24/12 Sold $100,000 -11.4% $40 / Sq Ft
08/20/2012 08/20/12 Pending -- -- --
06/28/2012 06/28/12 For Sale $112,900 -- $45 / 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 $7,908 $205,660 $23,800 $181,860
2024 $4,705 $98,080 $23,760 $74,320
2023 $4,704 $98,080 $23,760 $74,320
2022 $4,623 $98,080 $23,760 $74,320
2021 $4,528 $98,080 $23,760 $74,320
2020 $4,528 $98,080 $23,760 $74,320
2019 $4,145 $89,780 $29,190 $60,590
2018 $4,145 $89,780 $29,190 $60,590
2017 $4,107 $89,780 $29,190 $60,590
2016 $4,107 $89,780 $29,190 $60,590
2015 $4,107 $89,780 $29,190 $60,590
2014 $4,122 $113,480 $38,640 $74,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170579122

SmartMLS

APN: TORR-000125-000014-000010