NOT LISTED FOR SALE

29 Clarence St Torrington, CT 06790

Estimated Value: $217,382 - $316,000

4 Beds
2 Baths
1,934 Sq Ft
$137/Sq Ft Est. Value

Last Sold September 11, 2023

Last sale price $255,000 $132 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,771/month

7 Days on Market

Highlights

  • Property is near public transit
  • Attic
  • 2 Car Detached Garage
  • Finished Attic
  • No HOA
  • 4-minute walk to Torrington Parks Recreation

About This Home

As of September 2023

This incredible opportunity is perfect for both investors and owner occupants. The well-maintained 2-family home has undergone numerous recent updates. It comes with a detached 2-car garage, a small and low-maintenance partially fenced-in yard, and ample off-street parking. The first floor offers a spacious 1-bedroom unit with a large living room, dining room, kitchen (equipped with a pantry), and an in-unit washer hook-up. The second floor features a generous living room, dining room, kitchen, and a bedroom. Additionally, the finished attic boasts 2 more bedrooms. The basement houses the washer and dryer hookups for the second-floor unit. Hardwood flooring adds a touch of elegance to the living and dining rooms. Both units have separate boilers and hot water heaters. Major updates have already been taken care of, including a new roof in 2014, thermopane windows, two high-efficiency natural gas boilers, separate natural gas water heaters, and updated electrical service. Conveniently located just minutes away from major shopping areas and Route 8, this property offers the added benefit of being within walking distance of Fuessenich Park, where you can enjoy baseball games. Whether you're new to real estate investing or a seasoned investor, this easily manageable property presents a fantastic opportunity. It requires no further work—simply move in or start collecting rent.

Last Listed By

David Sartirana

Northwest CT Realty License #REB.0756887 Listed on: 07/17/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,621

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Fiberglass Roof
  • Aluminum Siding

Interior Spaces

  • 1,934 Sq Ft Home
  • Thermal Windows
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Attic

  • Walkup Attic
  • Finished Attic

Parking

  • 2 Car Detached Garage
  • Driveway

Location

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

Schools

  • Torrington High School

Utilities

  • Radiator
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Exclusions: Commission to be paid on purchase price minus any seller provided monetary credits/concessions or price changes until closing

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,621

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 1934
  • Public Record Living Room Sq Ft: 1934
  • Total Sq Ft: 1934
  • Year Built: 1900
  • Nearby Amenities: Library, Medical Facilities, Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Exclusions: Commission to be paid on purchase price minus any seller provided monetary credits/concessions or price changes until closing
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: 29 Clarence
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up, Finished
  • Basement Description: Full
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes
  • Street Number Modifier: 29

Exterior Features

  • Exterior Siding: Aluminum
  • Foundation Type: Stone
  • Roof Information: Fiberglass Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Driveway, Paved
  • Garages Number: 2

Utilities

  • Heat Type: Baseboard, Radiator
  • 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

Schools

  • Elementary School: Per Board of Ed
  • 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 2023-June 2024
  • Property Tax: 3621
  • Total Assessed Value: 75510
  • Mil Rate Base: 47.960
  • Mil Rate Total: 47.960
  • Assessor Parcel Number: 893898

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Sep 11, 2023
Sold by
Miles Thomas
Bought by
Buckley Christopher
Seller's Agent
David Sartirana
Northwest CT Realty
Buyer's Agent
Fernando Barreiro
Weichert REALTORS Briotti Group
List Price
$239,900
Sold Price
$255,000
Premium/Discount to List
$15,100
6.29%
Total Days on Market
7
Views
45
Current Estimated Value
$264,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,846
Avg. Annual Appreciation
2.32%
Original Mortgage
$242,250
Outstanding Balance
$238,127
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$26,719

Purchase Details

Closed on
Dec 16, 2022
Sold by
Patterson Real Estate Llc
Bought by
Miles Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 12, 2018
Closed on
Feb 21, 2019
Sold by
Oconnell Chantal D
Bought by
Patterson Real Estate Llc
Seller's Agent
Aileen O'Connell
Coldwell Banker Realty
Buyer's Agent
Jason Della Valle
Northwest CT Realty
List Price
$125,000
Sold Price
$108,000
Premium/Discount to List
-$17,000
-13.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.59%

Purchase Details

Listed on
Aug 28, 2016
Closed on
Dec 16, 2016
Sold by
Clark James J and Gillotti Debra L
Bought by
Oconnell Chantal D
Seller's Agent
Mike Gregor
Cohen Agency SiM, LLC
Buyer's Agent
Aileen O'Connell
Coldwell Banker Realty
List Price
$99,900
Sold Price
$99,000
Premium/Discount to List
-$900
-0.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.02%
Original Mortgage
$97,206
Interest Rate
3.54%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 24, 2006
Sold by
Delacruz Ramona
Bought by
Clark James J and Gillotti Debra L

Purchase Details

Closed on
Nov 6, 2002
Sold by
Dallaire Richard A and Dallaire Maryanne
Bought by
Delacruz Ramona

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
Buckley Christopher $255,000 None Available
Miles Thomas $120,000 None Available
Patterson Real Estate Llc $106,000 --
Oconnell Chantal D $99,000 --
Clark James J $158,000 --
Delacruz Ramona $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buckley Christopher $242,250
Previous Owner Miles Thomas $120,000
Previous Owner Yocum Clyde Nelson $82,500
Previous Owner Yocum Clyde Nelson $97,206
Previous Owner Yocum Clyde Nelson $144,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2023 09/11/23 Sold $255,000 +6.3% $132 / Sq Ft
07/17/2023 07/17/23 For Sale $239,900 +122.1% $124 / Sq Ft
03/01/2019 03/01/19 Sold $108,000 -6.1% $39 / Sq Ft
02/22/2019 02/22/19 Pending -- -- --
01/25/2019 01/25/19 Price Changed $115,000 -8.0% $42 / Sq Ft
11/12/2018 11/12/18 For Sale $125,000 +26.3% $46 / Sq Ft
12/15/2016 12/15/16 Sold $99,000 -0.9% $51 / Sq Ft
10/19/2016 10/19/16 Pending -- -- --
08/28/2016 08/28/16 For Sale $99,900 -- $52 / 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 $3,622 $75,510 $19,950 $55,560
2023 $3,621 $75,510 $19,950 $55,560
2022 $3,560 $75,510 $19,950 $55,560
2021 $3,486 $75,510 $19,950 $55,560
2020 $3,486 $75,510 $19,950 $55,560
2019 $3,104 $67,240 $19,960 $47,280
2018 $3,104 $67,240 $19,960 $47,280
2017 $3,076 $67,240 $19,960 $47,280
2016 $3,076 $67,240 $19,960 $47,280
2015 $3,076 $67,240 $19,960 $47,280
2014 $3,285 $90,450 $25,480 $64,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170584718

SmartMLS

APN: TORR-000116-000024-000010