NOT LISTED FOR SALE

271 Main St Willimantic, CT 06226

Estimated Value: $224,424 - $299,000

9 Beds
3 Baths
2,393 Sq Ft
$105/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $190,000 $79 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,822/month

248 Days on Market

Highlights

  • Corner Lot
  • Hot Water Circulator
  • Baseboard Heating
  • No HOA

About This Home

As of February 2023

Fully rented three family located close to Eastern Ct University and U-Conn with plenty of off-street parking. Sold "AS IS" and Conventional or Cash offers only. Will not qualify for Government Financing.

Last Agent to Sell the Property

Peter Baker

RE/MAX Bell Park Realty License #RES.0799208 Listed on: 06/13/2022

RE/MAX Bell Park Realty

Last Buyer's Agent

Mike Doherty

KW Legacy Partners License #RES.0814339

KW Legacy Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,644

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • Corner Lot

Home Design

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

Interior Spaces

  • 2,393 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Parking

  • Gravel Driveway
  • Unpaved Parking

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,644

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Willimantic
  • Property Type: Multi-Family For Sale
  • Style: 3sides - Units Are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2393
  • Public Record Living Room Sq Ft: 2393
  • Total Sq Ft: 2393
  • Year Built: 1900
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4196
  • Tax Year Updated Dt: 07/13/2022
  • Directions: House is on the corner of Main St and Pine St.
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full
  • Attic: No
  • Street Number Modifier: 271

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Unpaved
  • Driveway Type: Gravel

Utilities

  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Assess Description: Water & Sewer are metered
  • Sewer Usage Fee Annual: 1200

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

Lot Info

  • Acres: 0.1800
  • Lot Description: Corner Lot
  • Zoning: NPR2

Multi Family

  • Gross Annual Income: 30000
  • Unit Count: 3
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 3644
  • Total Assessed Value: 78040
  • Mil Rate Base: 35.510
  • Mil Rate Tax District: 11.190
  • Mil Rate Total: 46.700
  • Assessor Parcel Number: 2292688

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 13, 2022
Closed on
Feb 24, 2023
Sold by
Rego Group Llc
Bought by
Lubman Eugene and Lubman Nadia
Seller's Agent
Peter Baker
RE/MAX Bell Park Realty
Buyer's Agent
Mike Doherty
KW Legacy Partners
List Price
$219,000
Sold Price
$190,000
Premium/Discount to List
-$29,000
-13.24%
Total Days on Market
248
Views
96
Current Estimated Value
$251,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,356
Avg. Annual Appreciation
12.88%
Original Mortgage
$152,000
Outstanding Balance
$148,958
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$102,398

Purchase Details

Closed on
Feb 18, 2004
Sold by
Smr Ent 2 Llc
Bought by
Oliver Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
5.83%
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
Lubman Eugene $190,000 None Available
Oliver Edward $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lubman Eugene $152,000
Previous Owner Bill Kevin $136,800
Previous Owner Bill Kevin $102,400
Previous Owner Bill Kevin $98,400
Previous Owner Bill Kevin $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $190,000 -13.2% $79 / Sq Ft
09/02/2022 09/02/22 Price Changed $219,000 0.0% $92 / Sq Ft
09/02/2022 09/02/22 For Sale $219,000 +15.3% $92 / Sq Ft
07/14/2022 07/14/22 Off Market $190,000 -- --
06/20/2022 06/20/22 For Sale $199,000 -- $83 / 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
2024 $5,019 $135,440 $25,850 $109,590
2023 $3,699 $78,040 $22,480 $55,560
2022 $3,644 $78,040 $22,480 $55,560
2021 $3,909 $78,040 $22,480 $55,560
2020 $3,900 $78,040 $22,480 $55,560
2019 $3,837 $78,040 $22,480 $55,560
2017 $3,173 $66,650 $19,080 $47,570
2015 $3,065 $66,650 $19,080 $47,570
2014 $2,895 $66,650 $19,080 $47,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170499889

SmartMLS

APN: WIND-001403-000118-000005