294 E Elm St Torrington, CT 06790
5
Beds
3
Baths
2,251
Sq Ft
6,970
Sq Ft Lot
Highlights
- City View
- Finished Attic
- Balcony
- Property is near public transit
- Attic
- Porch
About This Home
As of June 2024This 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,274
Year Built
- Built in 1912
Lot Details
- 6,970 Sq Ft Lot
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
Location
- Property is near public transit
- Property is near shops
- Property is near a bus stop
Utilities
- Heating System Uses Natural Gas
- Electric Water Heater
Community Details
- 2 Units
- Public Transportation
Listing and Financial Details
- Assessor Parcel Number 881956
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
Total Days on Market
61
Views
56
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,550
Avg. Annual Appreciation
5.19%
Original Mortgage
$324,022
Outstanding Balance
$321,585
Interest Rate
7.02%
Mortgage Type
FHA
Estimated Equity
$23,965
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%
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Torrington, CT
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $330,000 | None Available | |
| Warranty Deed | $237,000 | None Available | |
| Warranty Deed | $120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $324,022 | FHA | |
| Previous Owner | $188,000 | Purchase Money Mortgage | |
| Previous Owner | $180,000 | No Value Available | |
| Previous Owner | $35,000 | No Value Available | |
| Previous Owner | $105,300 | No Value Available | |
| Previous Owner | $80,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 02/26/2022 02/26/22 | Pending | -- | -- | -- |
| 12/15/2021 12/15/21 | For Sale | $239,000 | -- | $72 / Sq Ft |
Source: SmartMLS
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 | $4,275 | $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
Source: SmartMLS
MLS Number: 24013838
APN: TORR-000125-000004-000006
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