$237,000
SOLD MAR 1, 2022

294 E Elm St Torrington, CT 06790

5 Beds
3 Baths
3,314 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$72 Per Sq Ft

1% Below List Price

73 Days on Market

Highlights

  • City View
  • Finished Attic
  • No HOA
  • Property is near public transit
  • Attic
  • Circular Driveway

About This Home

As of June 2024

WANT TO LIVE FOR FREE ? BUY THESE 2 MULTI-FAMILY HOMES (Side by Side), As Owner Occupied With 1 Residential Mortgage AND YOU CAN !! Collect 3 Of The 4 Apts rents + Make $ To Cover Your Mortgage AND EARN $500+ MONTHLY ! Subject To MTG Terms. WHO DOESN'T WANT TO LIVE FOR FREE AND MAKE MONEY ? TOTAL RENT for 4 Apts is $ 4350/mo. Well-Cared For, Solid Built, Granite Block Foundation. Next Door Multi-Family Also For Sale By The Same Owner - See Separate Listing. MLS #170454624. Detached 2 Car with Extra Electric For WORKSHOP. NEW COMMERCIAL GRADE Electric With All Separate Panels. This Property Was Once An Antiques Store, Complete Remodel Done. Newer Windows All (Argon Gas, Tilt-Out To Clean Easily), Bathrooms, Kitchens, Appliances, Hot Water Heaters, Heating Systems, Insulation, Vinyl Siding W/Pretty Scallop Accents. Both Front Porches Were Completely Removed And New Ones Engineered and Installed. Same For Roof (Complete Rip Off of The Old Shingles and Wood) All Permitted Properly. Awesome Tenants That Want To Stay If Possible. They Are Never A Problem, No Manager Needed, Tenants Take Care Of Lawn & Snow Removal As Well As All The Utilities Except Water & Sewer. This Property Is High And Dry (Never Flooded In The 1955 Flood) Excellent Location, Aldi Grocery Store Within Walking Distance and Route 8 Nearby. Owner Is A Licensed Real Estate In FL & CT. Easy To See. Tenants Are Very Easy To Work With. MOVE IN READY !

Last Agent to Sell the Property

Cindi O'Connell

Cynthia L. O'Connell Realty License #REB.0788743

Last Buyer's Agent

Joseph Martino

Joseph Martino Real Estate License #REB.0792369

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,792

Year Built

  • Built in 1912

Lot Details

  • 6,970 Sq Ft Lot
  • Garden

Home Design

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

Interior Spaces

  • Ceiling Fan
  • City Views
  • Basement Fills Entire Space Under The House
  • Storm Doors

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Attic

  • Walkup Attic
  • Finished Attic

Parking

  • 2 Car Detached Garage
  • Circular Driveway
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Rain Gutters
  • Porch

Location

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

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,792

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 2376
  • Public Record Living Room Sq Ft: 2251
  • Sq Ft Est Heated Below Grade: 938
  • Total Sq Ft: 3314
  • Year Built: 1912
  • Nearby Amenities: Commuter Bus, Library, Medical Facilities, Park, Playground/Tot Lot, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Remarks Public Addendum: DO NOT GO TO THE PROPERTY WITHOUT AN APPOINTMENT. PEOPLE LIVE HERE AND DO NOT WANT PEOPLE JUST SHOWING UP.
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Route 8 to Exit #44 to Left on Route 4 (E. Elm St.) PRoperties are on left in front of Aldi grocery store.
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Walk-up, Finished
  • Basement Description: Full
  • Laundry Room Location: Hook ups on 1st FL & basement
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes
  • Street Number Modifier: 294

Exterior Features

  • Exterior Features: Balcony, Garden Area, Gutters, Porch, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Fiberglass Shingle
  • Swimming Pool: No
  • Construction Description: Frame, Stone

Garage/Parking

  • Garage Parking Info: Detached Garage, Off Street Parking
  • Garages Number: 2
  • Driveway Type: Private, Circular, Paved

Utilities

  • Cooling System: Ceiling Fans, Window Unit
  • Heat Type: Baseboard, Space Heater
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: 50 Gallon Tank, Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Usage Fee Annual: 604

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Storm Doors

Lot Info

  • Acres: 0.1600
  • Lot Description: City Views
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: LB-R

Multi Family

  • Unit Count: 2
  • Total Multi Family: 13
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 3792
  • Total Assessed Value: 82130
  • Mil Rate Base: 46.170
  • Mil Rate Total: 46.170
  • Assessor Parcel Number: 881956

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
Total Days on Market
73
Views
56
Current Estimated Value
$345,550

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

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 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: 170454615

SmartMLS

APN: TORR-000125-000004-000006