NOT LISTED FOR SALE

Estimated Value: $358,000 - $372,000

8 Beds
3 Baths
3,354 Sq Ft
$109/Sq Ft Est. Value

Last Sold October 25, 2024

Last sale price $370,000 $110 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,379/month

2 Days on Market

Highlights

  • Barn
  • Attic
  • Garden
  • Deck
  • Porch
  • Hot Water Circulator

About This Home

As of October 2024

INVESTORS TAKE NOTICE! This charming 3-unit multifamily property in Killingly, CT, built in 1900, is an incredible opportunity to add to your investment portfolio. The property features two spacious units, each with 3 bedrooms, 1 full bath, large living room, and dining room, and a cozy unit with 2 bedrooms, 1 full bath, with a bonus room which can be utilized as an office, dining area, or den. Each unit is equipped with washer and dryer hook-ups, and separate utilities for convenience. Unit A was completely renovated about 3 years ago, adding modern touches to its historic charm. The property includes a large level yard, covered front porch, back deck and a barn. Its prime location near I-395 and Route 6 makes commuting to Massachusetts and Rhode Island a breeze. Notably, one tenant has been a resident for almost 46 years, and all current tenants wish to remain, ensuring immediate rental income. The seller will not be removing any tenants. This property is being sold AS-IS, presenting a fantastic investment with stable, long-term tenants in place. **Seller will be replacing all windows in Unit C prior to closing** Don't miss out on this fantastic investment opportunity!

Last Listed By

Lauren Heidelberger

Berkshire Hathaway NE Prop. License #RES.0805831 Listed on: 06/14/2024

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,068

Year Built

  • Built in 1900

Lot Details

  • 0.29 Acre Lot
  • Level Lot
  • Garden

Parking

  • Parking Deck

Home Design

  • Side-by-Side
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Concrete Flooring
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Shared Basement
  • Dirt Floor
  • Basement Storage

Outdoor Features

  • Deck
  • Rain Gutters
  • Porch

Farming

  • Barn

Utilities

  • Air Source Heat Pump
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Most appliances owned by tenants.
  • Assessor Parcel Number 1688534

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,068

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Danielson
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side, Other
  • Sq Ft Est Heated Above Grade: 2254
  • Sq Ft Est Heated Below Grade: 1100
  • Total Sq Ft: 3354
  • Year Built: 1900
  • New Construction: No/Resale
  • Property Sub Type: 3 Family
  • Exclusions: Most appliances owned by tenants.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: GPS Friendly
  • Financing Used: Conventional Fixed
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full, Shared Basement, Storage, Interior Access, Dirt Floor, Concrete Floor, Full With Walk-Out
  • Laundry Room Location: Unit B washer/dryer in basement
  • Laundry Room Info: Basement Hook-Up(s), Hook-Up In Unit 1, Washer/Dryer Some Units
  • Attic: Yes
  • Street Number Modifier: 29

Exterior Features

  • Exterior Features: Porch, Barn, Deck, Gutters, Garden Area
  • Exterior Siding: Aluminum
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Hot Air, Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.29
  • Lot Description: Level Lot
  • Zoning: RHD
  • Parcel #: 1688534

Multi Family

  • Total Number Of Units: 3

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 4068
  • Total Assessed Value: 170110
  • Mil Rate Total: 23.912

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
Jun 14, 2024
Closed on
Oct 25, 2024
Sold by
Carter St Rentals Llc
Bought by
Walton Christopher
Seller's Agent
Lauren Heidelberger
Berkshire Hathaway NE Prop.
Buyer's Agent
Scott Pempek
Berkshire Hathaway NE Prop.
List Price
$350,000
Sold Price
$370,000
Premium/Discount to List
$20,000
5.71%
Total Days on Market
2
Views
9
Current Estimated Value
$366,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,757
Avg. Annual Appreciation
-1.91%
Original Mortgage
$296,000
Outstanding Balance
$294,567
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$71,676

Purchase Details

Closed on
Aug 15, 2023
Sold by
Malenfant Charles
Bought by
Carter Street Rentals Llc

Purchase Details

Listed on
Apr 1, 2021
Closed on
Sep 3, 2021
Sold by
Gill Patrick D
Bought by
Malenfant Charles
Seller's Agent
Judith Cournoyer
Meadow View Realty
Buyer's Agent
Monique Maldonado
CR Premier Properties
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.51%
Original Mortgage
$184,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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 Buyer Sale Price Title Company
Walton Christopher $370,000 None Available
Walton Christopher $370,000 None Available
Walton Christopher $370,000 None Available
Carter Street Rentals Llc -- None Available
Carter Street Rentals Llc -- None Available
Carter Street Rentals Llc -- None Available
Malenfant Charles $230,000 None Available
Malenfant Charles $230,000 None Available
Malenfant Charles $230,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walton Christopher $296,000
Closed Walton Christopher $296,000
Previous Owner Malenfant Charles $184,000
Previous Owner Gill Patrick D $161,000
Previous Owner Gill Patrick D $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2024 10/25/24 Sold $370,000 +5.7% $110 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
06/28/2024 06/28/24 For Sale $350,000 +52.2% $104 / Sq Ft
09/03/2021 09/03/21 Sold $230,000 +2.2% $69 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
05/10/2021 05/10/21 Price Changed $225,000 0.0% $67 / Sq Ft
05/10/2021 05/10/21 For Sale $225,000 +12.6% $67 / Sq Ft
04/04/2021 04/04/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $199,900 -- $60 / 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 $4,068 $170,110 $21,570 $148,540
2023 $2,722 $84,840 $6,580 $78,260
2022 $2,561 $84,840 $6,580 $78,260
2021 $2,561 $84,840 $6,580 $78,260
2020 $2,519 $84,840 $6,580 $78,260
2019 $2,546 $84,840 $6,580 $78,260
2017 $2,285 $70,840 $6,580 $64,260
2016 $2,285 $70,840 $6,580 $64,260
2015 $2,239 $70,840 $6,580 $64,260
2014 $2,186 $70,840 $6,580 $64,260
Source: Public Records

Agents Affiliated with this Home

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Source: SmartMLS

MLS Number: 24025804

SmartMLS

APN: KILL-000200-000000-000053