NOT LISTED FOR SALE

286 Summit St Willimantic, CT 06226

Estimated Value: $254,000 - $265,000

3 Beds
1.5 Baths
1,200 Sq Ft
$217/Sq Ft Est. Value

Last Sold May 09, 2022

Last sale price $201,000 $168 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,797/month

64 Days on Market

Highlights

  • Cape Cod Architecture
  • Mud Room
  • Thermal Windows
  • Partially Wooded Lot
  • No HOA
  • Porch

About This Home

As of May 2022

**Back on the market after buyer's financing failed** Welcome to the c. 1875 Summit Cottage, which is listed as a contributing structure in the application for the National Register for Historic Places for the Prospect Hill Section of Willimantic. This charming home has been nicely updated and maintained, and is set back from the road with plentiful off-street parking and a wooded setting out back. Sitting less than one block from ECSU and the university library, you can walk around the landscaped campus and the Hill Section Victoria neighborhood, as well as downtown Willimantic with its dining, pubs, coffee shops and more. It's convenient to all major roads to UConn and Hartford. As you enter, you'll find a great mud room for your outerwear and shoes, and a bright and open kitchen with cathedral ceilings, exposed beams and hardwood floors. The hardwood floors flow throughout the home! The formal dining room is open to the kitchen, and a spacious living room. There is also a bedroom & renovated half bath on the main level. Upstairs you'll find 2 additional spacious bedrooms and a renovated full bath. The walk-out lower level has many windows and offers fantastic storage but could be finished to add living space or possibly bedrooms, for increased investment potential. Out back, you'll find mature trees in a private wooded setting. Updates include bathrooms, electrical, plumbing, replacement windows & the gutters and roof were replaced in 2021 with a transferable warranty.

Last Agent to Sell the Property

Sue Esposito

Home Selling Team License #REB.0755041 Listed on: 01/24/2022

Last Buyer's Agent

Carollen Speer

Coldwell Banker Realty License #RES.0818233

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,660

Year Built

  • Built in 1900

Lot Details

  • 0.28 Acre Lot
  • Partially Wooded Lot
  • Property is zoned NPR1

Home Design

  • Cape Cod Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Mud Room
  • Storm Doors

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Private Driveway

Schools

  • Natchaug Elementary School
  • Windham High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • Porch
  • Property is near shops

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,660

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Willimantic
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1200
  • Public Record Living Room Sq Ft: 1200
  • Total Sq Ft: 1200
  • Year Built: 1900
  • Nearby Amenities: Medical Facilities, Park, Shopping/Mall
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2244
  • Tax Year Updated Dt: 01/18/2022
  • Directions: High Street to Summit Street -OR- Jackson Street to Summit Street. Sign posted.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement Description: Full, Walk-out
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Additional Rooms: Mud Room
  • Attic: No

Exterior Features

  • Exterior Features: Porch
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Under House Garage
  • Garages Number: 1
  • Driveway Type: Private, Paved

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Green Features

  • Energy Features: Storm Doors, Thermopane Windows

Lot Info

  • Acres: 0.2800
  • Lot Description: Lightly Wooded
  • Zoning: NPR1

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 3660
  • Mil Rate Base: 37.210
  • Mil Rate Tax District: 12.880
  • Assessor Parcel Number: 1732188

MLS Schools

  • Elementary School: Natchaug
  • High School: Windham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2022
Closed on
May 9, 2022
Sold by
Baron Jeffrey A and Robinson Christopher S
Bought by
Phornprapha Alexander
Seller's Agent
Sue Esposito
Home Selling Team
Buyer's Agent
Carollen Speer
Coldwell Banker Realty
List Price
$199,900
Sold Price
$201,000
Premium/Discount to List
$1,100
0.55%
Current Estimated Value
$264,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,217
Avg. Annual Appreciation
7.33%
Original Mortgage
$190,950
Outstanding Balance
$179,850
Interest Rate
4.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$80,213

Purchase Details

Listed on
Nov 4, 2020
Closed on
Dec 10, 2020
Sold by
Brown Wallace and Brown Terri
Bought by
Baron Jeffrey A and Robinson Christopher S
Seller's Agent
Sue Esposito
Home Selling Team
Buyer's Agent
Sue Esposito
Home Selling Team
List Price
$135,000
Sold Price
$132,500
Premium/Discount to List
-$2,500
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.85%

Purchase Details

Listed on
Jul 31, 2012
Closed on
Sep 18, 2012
Sold by
Deutsche Bank Natl T C
Bought by
Brown Wallace and Brown Terri
Seller's Agent
Nicole Garbutt
RE/MAX Bell Park Realty
Buyer's Agent
Robert Ferrigno
Ferrigno-Willimantic REALTORS
List Price
$48,500
Sold Price
$47,000
Premium/Discount to List
-$1,500
-3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.32%

Purchase Details

Listed on
Jul 31, 2012
Closed on
Sep 12, 2012
Sold by
Reeves Wendell R and Reeves Dawn R
Bought by
Deutsche Bank Natl T C
Seller's Agent
Nicole Garbutt
RE/MAX Bell Park Realty
Buyer's Agent
Robert Ferrigno
Ferrigno-Willimantic REALTORS
List Price
$48,500
Sold Price
$47,000
Premium/Discount to List
-$1,500
-3.09%

Purchase Details

Listed on
Jul 31, 2012
Closed on
Aug 23, 2012
Sold by
Reeves Wendell R and Deutsche Bank Natl T C
Bought by
Deutsche Bank Natl T C
Seller's Agent
Nicole Garbutt
RE/MAX Bell Park Realty
Buyer's Agent
Robert Ferrigno
Ferrigno-Willimantic REALTORS
List Price
$48,500
Sold Price
$47,000
Premium/Discount to List
-$1,500
-3.09%

Purchase Details

Closed on
Dec 1, 1994
Sold by
Fnma
Bought by
Reeves Wendall
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
Phornprapha Alexander $201,000 None Available
Baron Jeffrey A $132,500 None Available
Brown Wallace $47,000 --
Deutsche Bank Natl T C -- --
Deutsche Bank Natl T C -- --
Reeves Wendall $59,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phornprapha Alexander $190,950
Previous Owner Reeves Wendall $75,700
Previous Owner Reeves Wendall $139,500
Previous Owner Reeves Wendall $92,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2022 05/09/22 Sold $201,000 +0.6% $168 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $199,900 +50.9% $167 / Sq Ft
12/30/2020 12/30/20 Sold $132,500 -1.9% $110 / Sq Ft View Prior Sale
11/10/2020 11/10/20 Pending -- -- --
11/04/2020 11/04/20 For Sale $135,000 +187.2% $113 / Sq Ft
09/17/2012 09/17/12 Sold $47,000 -3.1% $42 / Sq Ft View Prior Sale
08/22/2012 08/22/12 Pending -- -- --
07/31/2012 07/31/12 For Sale $48,500 -- $43 / 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 $4,955 $133,840 $29,850 $103,990
2024 $4,960 $133,840 $29,850 $103,990
2023 $3,463 $73,060 $22,580 $50,480
2022 $3,412 $73,060 $22,580 $50,480
2021 $3,660 $73,060 $22,580 $50,480
2020 $3,652 $73,060 $22,580 $50,480
2019 $3,592 $73,060 $22,580 $50,480
2017 $3,278 $68,850 $21,560 $47,290
2015 $2,365 $68,850 $21,560 $47,290
2014 $2,990 $68,850 $21,560 $47,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170458645

SmartMLS

APN: WIND-001303-000047-000003