NOT LISTED FOR SALE

294 E Elm St Torrington, CT 06790

Estimated Value: $337,000 - $429,000

5 Beds
3 Baths
2,251 Sq Ft
$164/Sq Ft Est. Value

Last Sold June 29, 2024

Last sale price $330,000 $147 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,618/month

61 Days on Market

Highlights

  • City View
  • Finished Attic
  • Balcony
  • Property is near public transit, shops, and bus stop
  • Attic
  • Porch

About This Home

As of June 2024

This well-maintained two-family investment property features a detached two-car garage that offers additional rental income. Both units are in excellent condition and have long-term tenants. The two-bedroom unit rents for $1,025 per month, while the three-bedroom unit rents for $1,450 per month, paved driveway and laundry.

Last Agent to Sell the Property

Joseph Martino

Joseph Martino Real Estate License #REB.0792369 Listed on: 04/29/2024

Last Buyer's Agent

Fernando Barreiro

Weichert REALTORS Briotti Group License #RES.0778835

Weichert REALTORS Briotti Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,274

Year Built

  • Built in 1912

Lot Details

  • 6,970

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 2,251 Sq Ft Home
  • City Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Attic

  • Walkup Attic
  • Finished Attic

Outdoor Features

  • Balcony
  • Rain Gutters
  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • 6,970 Sq Ft Lot
  • Property is near public transit, shops, and bus stop

Community Details

  • 2 Units
  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 881956

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,274

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2251
  • Total Sq Ft: 2251
  • Year Built: 1912
  • New Construction: No/Resale
  • Nearby Amenities: Commuter Bus, Library, Medical Facilities, Park, Playground/Tot Lot, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Directions: GPS
  • Financing Used: FHA
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Attic Description: Finished, Walk-up
  • Basement Description: Full
  • Laundry Room Location: unit and basement
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes

Exterior Features

  • Exterior Features: Balcony, Sidewalk, Porch, Gutters
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Fiberglass Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: None
  • Heat Type: Hot Air
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: Electric, 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.16
  • Lot Description: City Views
  • Zoning: LB-R
  • Parcel #: 881956

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 4274

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
Apr 29, 2024
Closed on
Jun 27, 2024
Sold by
Limitless294elmst Llc
Bought by
Archer Jervis
Seller's Agent
Joseph Martino
Joseph Martino Real Estate
Buyer's Agent
Fernando Barreiro
Weichert REALTORS Briotti Group
List Price
$330,000
Sold Price
$330,000
Views
56
Current Estimated Value
$368,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,843
Avg. Annual Appreciation
7.60%
Original Mortgage
$324,022
Outstanding Balance
$319,598
Interest Rate
7.02%
Mortgage Type
FHA
Estimated Equity
$49,245

Purchase Details

Listed on
Dec 15, 2021
Closed on
Mar 1, 2022
Sold by
Oconnell Cynthia L
Bought by
Limitless 294 Elm St Llc
Seller's Agent
Cindi O'Connell
Cynthia L. O'Connell Realty
Buyer's Agent
Joseph Martino
Joseph Martino Real Estate
List Price
$239,000
Sold Price
$237,000
Premium/Discount to List
-$2,000
-0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.27%
Original Mortgage
$188,000
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2005
Sold by
Amicone Jacqueline C
Bought by
Letourneau Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,300
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
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
Archer Jervis $330,000 None Available
Limitless 294 Elm St Llc $237,000 None Available
Letourneau Cynthia $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Archer Jervis $324,022
Previous Owner Limitless 294 Elm St Llc $188,000
Previous Owner Letourneau Cynthia $180,000
Previous Owner Letourneau Cynthia $35,000
Previous Owner Letourneau Cynthia $105,300
Previous Owner Letourneau Cynthia $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2024 06/29/24 Sold $330,000 0.0% $147 / Sq Ft
04/29/2024 04/29/24 For Sale $330,000 +39.2% $147 / Sq Ft
03/01/2022 03/01/22 Sold $237,000 -0.8% $72 / Sq Ft View Prior Sale
02/26/2022 02/26/22 Pending -- -- --
12/15/2021 12/15/21 For Sale $239,000 -- $72 / 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 $8,263 $214,900 $20,160 $194,740
2024 $4,275 $89,120 $20,160 $68,960
2023 $4,274 $89,120 $20,160 $68,960
2022 $4,201 $89,120 $20,160 $68,960
2021 $3,792 $82,130 $20,160 $61,970
2020 $3,792 $82,130 $20,160 $61,970
2019 $4,337 $93,930 $20,160 $73,770
2018 $4,337 $93,930 $20,160 $73,770
2017 $4,297 $93,930 $20,160 $73,770
2016 $4,297 $93,930 $20,160 $73,770
2015 $4,297 $93,930 $20,160 $73,770
2014 $3,984 $109,680 $27,440 $82,240
Source: Public Records

Agents Affiliated with this Home

  • Joseph Martino

    Seller's Agent in 2024

    Joseph Martino

    Joseph Martino Real Estate

    (203) 671-2384

    4 in this area

    58 Total Sales

    Joseph Martino
    Section Image
  • Fernando Barreiro

    Buyer's Agent in 2024

    Fernando Barreiro

    Weichert Corporate

    (203) 910-3848

    29 in this area

    184 Total Sales

    Fernando Barreiro
    Section Image

  • C

    Seller's Agent in 2022

    Cindi O'Connell

    Cynthia L. O'Connell Realty

See All Agents

Map

Source: SmartMLS

MLS Number: 24013838

SmartMLS

APN: TORR-000125-000004-000006

Connecticut Litchfield County Torrington 06790

294 E Elm St, Torrington, CT

Not Listed for Sale

MultiFamily

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