$347,000
SOLD MAY 12, 2025

275 Prospect St Willimantic, CT 06226

6 Beds
2.5 Baths
2,862 Sq Ft
0.51 Acres

Recently Sold

$121 Per Sq Ft

1% Above List Price

16 Days on Market

Highlights

  • The property is located in a historic district
  • Heating System Uses Steam
  • Laundry Facilities
  • Attic

About This Home

As of May 2025

This well maintained Victorian two-family home presents a rare investment opportunity in Willimantic, CT's desirable historic district. Nestled on a half-acre lot, its prime location, just seconds away to Eastern Connecticut State University, vibrant local shops, restaurants, and bus lines, all within walking distance. The first-floor unit boasts an abundance of natural light, accentuated by high ceilings. Its generous layout includes three bedrooms, a modern kitchen ideal for everyday living. One and a half bathrooms. A thoughtfully situated laundry area, accessible from the shared hallway, adds to the practicality of each unit. Upstairs, the second unit has unique character, providing equally spacious living space. Three generously sized bedrooms, a fully equipped kitchen, and a full bathroom offer comfortable living space. Beyond the attractive interiors, the property offers an extensive rear parking lot, providing ample space for residents and guests. This feature is a significant advantage to offer to potential tenants. Its possibilities for significant rental income and appreciation positions it as a highly sought-after investment. Don't miss this opportunity to acquire a truly exceptional property in the heart of Willimantic!

Last Agent to Sell the Property

Toni Iandoli

William Pitt Sotheby's Int'l License #RES.0813067 Listed on: 04/10/2025

William Pitt Sotheby's Int'l

Last Buyer's Agent

Jennie Kesselman

Berkshire Hathaway NE Prop. License #RES.0816437

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,914

Year Built

  • Built in 1901

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Clap Board Siding
  • Masonry

Interior Spaces

  • 2,862 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms

Attic

  • Walkup Attic
  • Unfinished Attic

Parking

  • 6 Parking Spaces
  • Driveway

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • Radiant Heating System
  • Fuel Tank Located in Basement

Additional Features

  • 0.51 Acre Lot
  • The property is located in a historic district

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 2292697

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,914

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Neighborhood: Willimantic
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2862
  • Total Sq Ft: 2862
  • Year Built: 1901
  • New Construction: No/Resale
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS Friedly
  • Financing Used: Cash
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Attic Description: Unfinished, Walk-up
  • Basement Description: Full, Unfinished, Full With Hatchway
  • Laundry Room Location: Main floor hallway
  • Laundry Room Info: Common Laundry Area
  • Attic: Yes

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling System: None
  • Heat Type: Radiant, Steam
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Other, Tank Size Unknown
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.51
  • Lot Description: Historic District
  • Zoning: NPR
  • Parcel #: 2292697

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 7914

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
Apr 10, 2025
Closed on
Jun 9, 2025
Sold by
Shymanik Susana Y
Bought by
Susana Shymanik Ret and Shymanik
Seller's Agent
Toni Iandoli
William Pitt Sotheby's Int'l
Buyer's Agent
Jennie Kesselman
Berkshire Hathaway NE Prop.
List Price
$345,000
Sold Price
$347,000
Premium/Discount to List
$2,000
0.58%
Views
12
Current Estimated Value
$354,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,056
Avg. Annual Appreciation
3.15%

Purchase Details

Listed on
Apr 10, 2025
Closed on
May 8, 2025
Sold by
Roy Gregory S and Joy Natalie J
Bought by
Shymanik Susana Y and Vargas Juan
Seller's Agent
Toni Iandoli
William Pitt Sotheby's Int'l
Buyer's Agent
Jennie Kesselman
Berkshire Hathaway NE Prop.
List Price
$345,000
Sold Price
$347,000
Premium/Discount to List
$2,000
0.58%
Views
12

Purchase Details

Closed on
Apr 27, 1995
Sold by
Roy Gregory and Roy Natalie
Bought by
K & M Hsng Llc

Purchase Details

Closed on
Sep 25, 1987
Sold by
Blais Claire
Bought by
Roy Gregory
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 -- --
Warranty Deed $347,000 None Available
Warranty Deed $347,000 None Available
Quit Claim Deed $130,000 --
Quit Claim Deed $130,000 --
Deed $160,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $140,700 No Value Available
Previous Owner $82,100 No Value Available
Previous Owner $82,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2025 05/12/25 Sold $347,000 +0.6% $121 / Sq Ft
05/03/2025 05/03/25 Pending -- -- --
04/16/2025 04/16/25 For Sale $345,000 -- $121 / 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 $7,905 $213,540 $26,220 $187,320
2024 $7,914 $213,540 $26,220 $187,320
2023 $4,414 $93,120 $22,810 $70,310
2022 $4,349 $93,120 $22,810 $70,310
2021 $4,664 $93,120 $22,810 $70,310
2020 $4,654 $93,120 $22,810 $70,310
2019 $4,579 $93,120 $22,810 $70,310
2017 $4,955 $104,080 $21,790 $82,290
2015 $4,786 $104,080 $21,790 $82,290
2014 $4,520 $104,080 $21,790 $82,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24087755

SmartMLS

APN: WIND-001303-000047-000021