29 Clarence St Torrington, CT 06790
Highlights
- No HOA
- Porch
- Ceiling Fan
- Thermal Windows
- Property is near shops
- 4-minute walk to Torrington Parks Recreation
About This Home
As of September 2023INCREDIBLE OPPORTUNITY for both investors and owner occupants in this solid, well maintained 2-family home, with LOTS of recent updates! The property includes a detached 2-car garage, a small and easy to maintain, partially fenced in level yard, and plenty of off-street parking. The first floor features a spacious 1 bedroom unit, with a large living room, dining room, kitchen with pantry, plus washer hook-up inside the unit. The upstairs unit features a large living room, dining room, kitchen and bedroom on the 2nd floor, with 2 additional bedrooms in the finished attic. Washer and dryer hookups for the 2nd floor unit are located in the basement. Nice hardwood flooring in the living and dining rooms. Both units have separate boilers & hot water heaters. All of the major updates have already been completed: New roof in 2014, new thermopane windows, 2 new high efficiency natural gas boilers, separate natural gas water heaters, and updated electrical service! The house is conveniently located just minutes to major shopping and Route 8. You can even walk to Fuessenich Park to enjoy a baseball game! If you’re just getting started with real estate investing, this easy to manage property represents a wonderful opportunity to get your feet wet, and if you’re a seasoned investor, the numbers speak for themselves. This property needs absolutely nothing, just move in or collect the rent. Fair market rent is $675 for the 1st floor unit and $895 for the 2nd floor… AWESOME CASH FLOW!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,076
Year Built
- Built in 1900
Lot Details
- 4,792 Sq Ft Lot
- Level Lot
- Open Lot
Home Design
- Aluminum Siding
Interior Spaces
- 2 Full Bathrooms
- 1,934 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Thermal Windows
- Concrete Flooring
- Storm Doors
Unfinished Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Parking
- 2 Car Garage
- Varies By Unit
- Driveway
- Off-Street Parking
Outdoor Features
- Rain Gutters
- Porch
Location
- Property is near shops
Schools
- Pboe Elementary And Middle School
- Pboe High School
Utilities
- Radiator
- Baseboard Heating
- Heating System Uses Natural Gas
- Cable TV Available
Community Details
- No Home Owners Association
- 2 Units
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Map
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $255,000 | None Available | |
| Warranty Deed | $120,000 | None Available | |
| Warranty Deed | $106,000 | -- | |
| Warranty Deed | $99,000 | -- | |
| Warranty Deed | $158,000 | -- | |
| Warranty Deed | $89,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $242,250 | Purchase Money Mortgage | |
| Previous Owner | $120,000 | Purchase Money Mortgage | |
| Previous Owner | $82,500 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $97,206 | FHA | |
| Previous Owner | $144,200 | No Value Available |
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 |
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: SmartMLS
MLS Number: L10164130
APN: TORR-000116-000024-000010
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