NOT LISTED FOR SALE

30 Forest St Torrington, CT 06790

Estimated Value: $355,362 - $365,000

6 Beds
3 Baths
3,426 Sq Ft
$105/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $237,000 $69 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,688/month

40 Days on Market

Highlights

  • Property is near public transit
  • Bocce Ball Court
  • Smart Appliances
  • No HOA
  • Porch
  • Public Transportation

About This Home

As of February 2022

Turnkey Investment, 3400 Square foot +, 3 Family in the Heart of Torrington. This meticulous property offers buyers or investors access to 3 spacious, tastefully/recently updated, 2 bedroom units featuring Natural Gas Utilities, and updated Mechanicals. Strong CAP rate with room for potential near term improvement due to the high demand for quality living space in lower Litchfield County. Do not miss an opportunity to live or invest in this great home, comfortably situated on Forest Street!

Last Agent to Sell the Property

Jason Malagutti

Regency Real Estate, LLC License #RES.0807145 Listed on: 11/19/2021

Regency Real Estate, LLC

Last Buyer's Agent

Giancarlo Petraroia

Cohen Agency License #REB.0790652

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,986

Year Built

  • Built in 1910

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 3,426 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Smart Appliances

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Smart Lights or Controls
  • Smart Thermostat

Parking

  • Private Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Radiator
  • Heating System Uses Gas
  • Heating System Uses Natural Gas

Additional Features

  • Energy-Efficient Lighting
  • Porch
  • Property is near public transit

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Bocce Ball Court

Additional Features

  • Public Transportation
  • Gross Income $30,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,986

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3426
  • Public Record Living Room Sq Ft: 3426
  • Total Sq Ft: 3426
  • Year Built: 1910
  • Nearby Amenities: Bocci Court, Library, Medical Facilities, Public Transportation
  • Remarks Public Addendum: All Units are Tenant Occupied on Leases. Showings after two during weekends.
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: 30 Forest
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full
  • Attic: No
  • Home Automation: Appliances, Lighting, Thermostat(s)
  • Street Number Modifier: 30

Exterior Features

  • Exterior Features: Porch, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Masonry
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Assigned Parking, Off Street Parking
  • Driveway Type: Private, Paved, Asphalt

Utilities

  • Cooling System: Window Unit
  • Heat Type: Gas on Gas, Radiator, Zoned
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.0900
  • Lot Description: Level Lot
  • Zoning: R6

Multi Family

  • Gross Annual Income: 30120
  • Net Operating Income: 21688
  • Unit Count: 3
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 4986
  • Total Assessed Value: 108000
  • Mil Rate Base: 46.170
  • Mil Rate Total: 46.170
  • Assessor Parcel Number: 892004

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Feb 4, 2022
Sold by
Forest Property Llc
Bought by
Layer Robert J and Layer Lajla D
Seller's Agent
Jason Malagutti
Regency Real Estate, LLC
Buyer's Agent
Giancarlo Petraroia
Cohen Agency
List Price
$239,460
Sold Price
$237,000
Premium/Discount to List
-$2,460
-1.03%
Current Estimated Value
$360,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,841
Avg. Annual Appreciation
12.17%
Original Mortgage
$177,750
Outstanding Balance
$164,853
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$195,988

Purchase Details

Closed on
Sep 24, 2019
Sold by
Dickinson Brett
Bought by
Forest Property Llc

Purchase Details

Listed on
Feb 25, 2019
Closed on
Apr 22, 2019
Sold by
Neopolitan Properties Llc
Bought by
Dickinson Brett
Seller's Agent
Cathy Macias
Northwest CT Realty
Buyer's Agent
Jason Malagutti
Regency Real Estate, LLC
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.21%
Original Mortgage
$108,750
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 16, 2011
Closed on
Mar 16, 2012
Sold by
Department Of Housing & Urban Dev
Bought by
Neopolitan Props Llc
Seller's Agent
KANAYO RUPWANI, CRP GRI
Rupwani Associates
Buyer's Agent
Barbara Guida
PENDING CHANGE LITCHFIELD
List Price
$100,000
Sold Price
$78,000
Premium/Discount to List
-$22,000
-22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%

Purchase Details

Closed on
Jul 11, 2011
Sold by
Barrett Daniel and Barrett Tessa
Bought by
Midfirst Bank

Purchase Details

Closed on
Dec 1, 2003
Sold by
Davis Anne B and Davis Eric R
Bought by
Barrett Daniel S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,800
Interest Rate
6.09%
Source: Public Records

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
Layer Robert J $237,000 None Available
Forest Property Llc -- --
Dickinson Brett $145,000 --
Neopolitan Props Llc $78,000 --
Midfirst Bank -- --
Barrett Daniel S $171,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Layer Robert J $177,750
Previous Owner Dickinson Brett $108,750
Previous Owner Barrett Daniel S $36,000
Previous Owner Barrett Daniel S $168,800
Previous Owner Barrett Daniel S $3,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $237,000 +1.1% $69 / Sq Ft
12/29/2021 12/29/21 Pending -- -- --
12/13/2021 12/13/21 Price Changed $234,460 -2.1% $68 / Sq Ft
11/19/2021 11/19/21 For Sale $239,460 +65.1% $70 / Sq Ft
04/26/2019 04/26/19 Sold $145,000 -3.3% $42 / Sq Ft
02/25/2019 02/25/19 For Sale $149,900 0.0% $44 / Sq Ft
10/13/2015 10/13/15 Rented $700 0.0% --
09/13/2015 09/13/15 Under Contract -- -- --
07/16/2015 07/16/15 For Rent $700 0.0% --
03/16/2012 03/16/12 Sold $78,000 -22.0% $23 / Sq Ft
01/30/2012 01/30/12 Pending -- -- --
11/16/2011 11/16/11 For Sale $100,000 -- $29 / 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 $9,305 $241,990 $19,740 $222,250
2024 $5,181 $108,000 $19,740 $88,260
2023 $5,180 $108,000 $19,740 $88,260
2022 $5,091 $108,000 $19,740 $88,260
2021 $4,986 $108,000 $19,740 $88,260
2020 $4,986 $108,000 $19,740 $88,260
2019 $5,283 $114,420 $19,740 $94,680
2018 $4,448 $96,330 $19,740 $76,590
2017 $5,235 $114,420 $19,740 $94,680
2016 $4,407 $96,330 $19,740 $76,590
2015 $4,407 $96,330 $19,740 $76,590
2014 $4,338 $119,430 $24,640 $94,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170453217

SmartMLS

APN: TORR-000118-000004-000024