NOT LISTED FOR SALE

270 Summit St Willimantic, CT 06226

Estimated Value: $288,000 - $318,286

5 Beds
2 Baths
1,656 Sq Ft
$187/Sq Ft Est. Value

Last Sold October 30, 2024

Last sale price $299,000 $181 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,051/month

37 Days on Market

Highlights

  • Property is near public transit
  • Public Transportation
  • Hot Water Circulator
  • Circular Driveway
  • Central Air
  • Hot Water Heating System

About This Home

As of October 2024

This well maintained two-family sits LESS than one block away from the Eastern Connecticut State University and is minutes from restaurants, parks, and shopping. Investors take notice the first floor unit has three bedrooms, a kitchen, a bathroom and a living room, while the second floor has 2 bedrooms, a kitchen, a living room, a bath and central air. Aside from location, this house offers much value with a new roof (2020), newer furnace, newer hot water tanks (2018) and a recently paved driveway.

Last Agent to Sell the Property

Luis Rodriguez

Coldwell Banker Realty License #RES.0755672 Listed on: 06/17/2024

Last Buyer's Agent

Sergino St. Felix

Berkshire Hathaway NE Prop. License #RES.0799334

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,190

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 1,656 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Circular Driveway

Location

  • Property is near public transit
  • Property is near a bus stop
  • Property is near a golf course

Schools

  • Windham High School

Utilities

  • Central Air
  • Window Unit Cooling System
  • Hot Water Heating System
  • Gas Available at Street
  • Hot Water Circulator

Community Details

  • 2 Units
  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 2292684

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,190

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Willimantic
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1656
  • Total Sq Ft: 1656
  • Year Built: 1900
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Golf Course, Health Club, Medical Facilities, Public Transportation, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Directions: GPS Friendly
  • Financing Used: Conventional Fixed
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement Description: Full
  • Attic: No

Exterior Features

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

Garage/Parking

  • Driveway Type: Private, Circular
  • Total Parking Spaces: 6
  • Garage And Parking: None, Paved, Off Street Parking, Driveway

Utilities

  • Cooling System: Central Air, Window Unit
  • Heat Type: Hot Water
  • Heat Fuel Type: Gas In Street
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.15
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: NPR1
  • Parcel #: 2292684

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 5190

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Oct 29, 2024
Sold by
Caruso Richard
Bought by
Lockhart Eason and Irizarry Nelmarie
Seller's Agent
Luis Rodriguez
Coldwell Banker Realty
Buyer's Agent
Sergino St. Felix
Berkshire Hathaway NE Prop.
List Price
$299,000
Sold Price
$299,000
Views
128
Current Estimated Value
$309,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,072
Avg. Annual Appreciation
2.90%
Original Mortgage
$293,584
Outstanding Balance
$290,645
Interest Rate
6.09%
Mortgage Type
FHA
Estimated Equity
$18,427

Purchase Details

Closed on
Feb 4, 2015
Sold by
Bank Of America Na
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Dec 19, 2013
Sold by
Chicky Eric
Bought by
Bank Of America Na

Purchase Details

Closed on
Nov 28, 2012
Sold by
Chicky Eric and Bank Of America Fsb
Bought by
Bank Of America Fsb

Purchase Details

Closed on
Oct 23, 1996
Sold by
Fnma
Bought by
Chicky Eric
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
Lockhart Eason $299,000 None Available
Lockhart Eason $299,000 None Available
Department Of Housing & Urban Dev -- --
Department Of Housing & Urban Dev -- --
Bank Of America Na -- --
Bank Of America Na -- --
Bank Of America Fsb -- --
Bank Of America Fsb -- --
Chicky Eric $66,800 --
Chicky Eric $66,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lockhart Eason $293,584
Closed Lockhart Eason $293,584
Previous Owner Chicky Eric $176,610
Previous Owner Chicky Eric $113,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2024 10/30/24 Sold $299,000 0.0% $181 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
06/17/2024 06/17/24 For Sale $299,000 -- $181 / 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 $5,184 $140,030 $29,070 $110,960
2024 $5,190 $140,030 $29,070 $110,960
2023 $3,281 $69,220 $21,980 $47,240
2022 $3,233 $69,220 $21,980 $47,240
2021 $3,467 $69,220 $21,980 $47,240
2020 $3,460 $69,220 $21,980 $47,240
2019 $3,404 $69,220 $21,980 $47,240
2017 $3,315 $69,620 $21,400 $48,220
2015 $2,391 $69,620 $21,400 $48,220
2014 $3,024 $69,620 $21,400 $48,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24026286

SmartMLS

APN: WIND-001303-000047-000004