NOT LISTED FOR SALE

28 Lake St Torrington, CT 06790

Estimated Value: $284,943 - $366,000

5 Beds
3 Baths
1,820 Sq Ft
$179/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $290,000 $159 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,304/month

89 Days on Market

Highlights

  • River Front
  • Finished Attic
  • No HOA
  • Property is near public transit
  • Attic
  • Walking Distance to Water

About This Home

As of November 2022

*** Don't miss out on this completely renovated from the studs up 2 family!! Perfect location! Walking distance to downtown or to river side park. Completely renovated with the best of everything. Brand new kitchens, appliances, 3 bathrooms, all sheetrock, flooring, plumbing and heating!! All new for your care free ownership or occupancy. All the latest in kitchens and baths! Lovely first floor apartment with 2 bedrooms and open concept kitchen and living room.
2nd floor has an awesome 3rd floor master suite with sitting room and a full bath! The kitchen and main bath are amazing and there are 2 more bedrooms on the second floor and great kitchen/living room combo! A 2 car garage and lovely yard make this a spectacular home! Live here and enjoy or have a care free rental property where you have nothing to do but collect rent! Perfect for airbnb getaway!

Last Agent to Sell the Property

Cathy Macias

Northwest CT Realty License #REB.0756098 Listed on: 08/23/2022

Last Buyer's Agent

Steve Jones Jr

KW Legacy Partners License #RES.0799717

KW Legacy Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,445

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • River Front
  • Level Lot

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 1,820 Sq Ft Home
  • Thermal Windows

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Attic

  • Walkup Attic
  • Finished Attic

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 2 Car Detached Garage
  • Private Driveway

Outdoor Features

  • Walking Distance to Water
  • Porch

Location

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

Schools

  • Torrington Middle School
  • Torrington High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,445

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: 1820
  • Public Record Living Room Sq Ft: 1340
  • Total Sq Ft: 1820
  • Year Built: 1900
  • Nearby Amenities: Commuter Bus, Library, Medical Facilities, Park, Playground/Tot Lot, Public Transportation, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Tax Year Updated Dt: 08/23/2022
  • Directions: Migeon Ave to Hotchkiss Place. One way to Lake St.
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Walk-up, Finished, Heated
  • Basement Description: Full
  • Laundry Room Location: basement
  • Laundry Room Info: All Units Have Hook-Ups, Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 28

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Stone
  • Roof Information: Fiberglass Shingle
  • Waterfront Description: River, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Paved
  • Garages Number: 2
  • Driveway Type: Private, Paved
  • Total Parking Spaces: 4

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.1100
  • Lot Description: Level Lot
  • Zoning: R6

Multi Family

  • Unit Count: 2
  • Total Multi Family: 10
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 3445
  • Total Assessed Value: 73090
  • Mil Rate Base: 47.140
  • Mil Rate Total: 47.140
  • Assessor Parcel Number: 894574

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Torrington
  • High School: Torrington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2022
Closed on
Nov 21, 2022
Sold by
Ineso Manufacturing Group
Bought by
Clarke Aaron and Ruhan Molly
Seller's Agent
Cathy Macias
Northwest CT Realty
Buyer's Agent
Steve Jones Jr
KW Legacy Partners
List Price
$319,900
Sold Price
$290,000
Premium/Discount to List
-$29,900
-9.35%
Views
39
Current Estimated Value
$325,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,986
Avg. Annual Appreciation
7.86%
Original Mortgage
$284,747
Outstanding Balance
$276,681
Interest Rate
7.08%
Mortgage Type
FHA
Estimated Equity
$82,551

Purchase Details

Closed on
Jan 6, 2022
Sold by
Oseni Oladipo
Bought by
Ineso Manufacturing Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.69%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 8, 2021
Sold by
Torrington City Of
Bought by
Oseni Oladipo
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
Clarke Aaron $290,000 None Available
Ineso Manufacturing Group -- None Available
Oseni Oladipo $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clarke Aaron $284,747
Previous Owner Ineso Manufacturing Group $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Sold $290,000 -3.3% $159 / Sq Ft
09/01/2022 09/01/22 Price Changed $299,900 -6.3% $165 / Sq Ft
08/23/2022 08/23/22 For Sale $319,900 -- $176 / 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 $7,001 $182,070 $19,950 $162,120
2024 $5,392 $112,400 $19,950 $92,450
2023 $5,391 $112,400 $19,950 $92,450
2022 $3,445 $73,090 $19,950 $53,140
2021 $3,375 $73,090 $19,950 $53,140
2020 $3,375 $73,090 $19,950 $53,140
2019 $2,809 $60,830 $19,950 $40,880
2018 $2,809 $60,830 $19,950 $40,880
2017 $2,783 $60,830 $19,950 $40,880
2016 $2,783 $60,830 $19,950 $40,880
2015 $2,783 $60,830 $19,950 $40,880
2014 $2,972 $81,820 $25,480 $56,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170515301

SmartMLS

APN: TORR-000109-000012-000010