NOT LISTED FOR SALE

31 Center St Torrington, CT 06790

Estimated Value: $330,549 - $386,000

8 Beds
3 Baths
3,084 Sq Ft
$113/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $270,000 $88 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,483/month

98 Days on Market

Highlights

  • No HOA
  • 3 Car Detached Garage
  • Baseboard Heating

About This Home

As of October 2023

Introducing a captivating investment opportunity at 31 Center Street in the vibrant city of Torrington. This multifamily property offers not just one, but three stunning and spacious apartments, ready to unlock a world of potential for astute investors. Having two 3-bedroom apartments plus a 2-bedroom apartment and three detached garages, this property presents an ideal chance to capitalize on the rental market in Torrington. Don't miss out on this exceptional investment opportunity. Whether you're a seasoned investor seeking to expand your portfolio or a first-time buyer looking for a solid income-generating asset, this is the one for you. Act now and unlock the doors to a profitable future in the thriving rental market. One or more of this property's owners is a Real Estate Licensee

Last Agent to Sell the Property

Felix Hernandez

Real Broker CT, LLC License #REB.0793559 Listed on: 06/02/2023

Last Buyer's Agent

Felix Hernandez

Real Broker CT, LLC License #REB.0793559 Listed on: 06/02/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,797

Year Built

  • Built in 1920

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • 3 Car Detached Garage

Home Design

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

Interior Spaces

  • 3,084 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $28,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,797

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 3084
  • Public Record Living Room Sq Ft: 3084
  • Total Sq Ft: 3084
  • Year Built: 1920
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Tax Year Updated Dt: 06/26/2023
  • Directions: gps
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full
  • Laundry Room Info: Hook-Up In Unit 1, Hook-Up In Unit 2
  • Attic: No
  • Street Number Modifier: 31

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Masonry
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 3

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 50 Gallon Tank
  • Sewer: Public Sewer Connected
  • Sewer Usage Fee Annual: 1050

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.0900
  • Lot Description: Not Applicable
  • Flood Zone: No
  • Zoning: DD-R

Multi Family

  • Gross Annual Income: 28560
  • Net Operating Income: 20151
  • Unit Count: 3
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 4797
  • Total Assessed Value: 100030
  • Mil Rate Base: 47.960
  • Mil Rate Total: 47.960
  • Assessor Parcel Number: 885550

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
Jun 2, 2023
Closed on
Nov 28, 2023
Sold by
Krasniqi Adnan and Kraja Mirsad
Bought by
180 Funston Llc
Seller's Agent
Felix Hernandez
Real Broker CT, LLC
Buyer's Agent
Felix Hernandez
Real Broker CT, LLC
List Price
$279,000
Sold Price
$270,000
Premium/Discount to List
-$9,000
-3.23%
Views
232
Current Estimated Value
$349,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,387
Avg. Annual Appreciation
13.90%
Original Mortgage
$202,500
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 2, 2023
Closed on
Oct 18, 2023
Sold by
Rxptorrington Llc
Bought by
Krasniqi Adnan and Krasniqi Mirsad
Seller's Agent
Felix Hernandez
Real Broker CT, LLC
Buyer's Agent
Felix Hernandez
Real Broker CT, LLC
List Price
$279,000
Sold Price
$270,000
Premium/Discount to List
-$9,000
-3.23%
Views
232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2021
Sold by
Sambrook Scott W and Sambrook Rebecca
Bought by
Rxptorrington Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Mar 16, 2020
Closed on
Jul 16, 2020
Sold by
Fox Richard S
Bought by
Sambrook Scott W and Sambrook Rebecca
Seller's Agent
Diane Carroll
The Washington Agency
Buyer's Agent
Cathy Macias
Northwest CT Realty
List Price
$145,000
Sold Price
$132,000
Premium/Discount to List
-$13,000
-8.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.41%
Original Mortgage
$99,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
180 Funston Llc -- None Available
Krasniqi Adnan $270,000 None Available
Rxptorrington Llc $172,500 None Available
Sambrook Scott W $132,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krasniqi Adnan $202,500
Previous Owner Rxptorrington Llc $404,000
Previous Owner Sambrook Scott W $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2023 10/18/23 Sold $270,000 -5.3% $88 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
08/15/2023 08/15/23 Price Changed $285,000 +2.2% $92 / Sq Ft
07/21/2023 07/21/23 For Sale $279,000 0.0% $90 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
06/30/2023 06/30/23 Price Changed $279,000 +3.7% $90 / Sq Ft
06/30/2023 06/30/23 For Sale $269,000 0.0% $87 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $269,000 +103.8% $87 / Sq Ft
07/17/2020 07/17/20 Sold $132,000 -9.0% $43 / Sq Ft View Prior Sale
05/16/2020 05/16/20 Pending -- -- --
03/16/2020 03/16/20 For Sale $145,000 -- $47 / 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 $7,566 $196,770 $19,740 $177,030
2024 $4,798 $100,030 $19,750 $80,280
2023 $4,797 $100,030 $19,750 $80,280
2022 $4,715 $100,030 $19,750 $80,280
2021 $4,618 $100,030 $19,750 $80,280
2020 $4,618 $100,030 $19,750 $80,280
2019 $4,259 $92,240 $19,740 $72,500
2018 $4,259 $92,240 $19,740 $72,500
2017 $4,220 $92,240 $19,740 $72,500
2016 $4,220 $92,240 $19,740 $72,500
2015 $4,220 $92,240 $19,740 $72,500
2014 $3,972 $109,360 $19,750 $89,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170574731

SmartMLS

APN: TORR-000117-000021-000008