NOT LISTED FOR SALE

319 Valley St Willimantic, CT 06226

Estimated Value: $329,124

6 Beds
4 Baths
2,770 Sq Ft
$119/Sq Ft Est. Value

Last Sold April 06, 2018

Last sale price $170,000 $61 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,271/month

10 Days on Market

Highlights

  • Corner Lot
  • Wrap Around Porch
  • Baseboard Heating
  • No HOA
  • Property is near shops
  • 3-minute walk to Memorial Park Playground

About This Home

As of April 2018

Excellent investment property just one block from ECSU! Most tenants are long-term and all are on month-to-month rents - fully occupied at this time. Nicely maintained property with a newer roof and vinyl siding. 2 two-bedroom units, 2 one-bedroom units, hardwood floors, wrap around porch, and off-street parking. All separate utilities, tenants pay electric and gas. Landlord provides water/sewer and snow removal. Convenient location close to the University, Windham Hospital, shopping, and dining. Net Operating Income of about $24,000. Have your tenants pay your mortgage!

Last Agent to Sell the Property

Sue Esposito

Home Selling Team License #REB.0755041 Listed on: 02/12/2018

Last Buyer's Agent

Sue Esposito

Home Selling Team License #REB.0755041 Listed on: 02/12/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,829

Year Built

  • Built in 1908

Lot Details

  • 6,970 Sq Ft Lot
  • Corner Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,770 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • Gravel Driveway
  • Off-Street Parking
  • Unassigned Parking

Schools

  • Natchaug Elementary School
  • Windham High School

Utilities

  • Wall Furnace
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window

Additional Features

  • Wrap Around Porch
  • Property is near shops

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $34,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,829

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Neighborhood: Willimantic
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 2770
  • Public Record Living Room Sq Ft: 2770
  • Total Sq Ft: 2770
  • Year Built: 1908
  • Nearby Amenities: Medical Facilities, Park, Shopping/Mall
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5619
  • Directions: Main Street to Tingley St (on corner of Tingley and Valley streets) - driveway off of Tingley.
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Description: Full
  • Attic: No
  • Street Number Modifier: 319

Exterior Features

  • Exterior Features: Porch-Wrap Around
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unassigned Parking, Driveway, Off Street Parking
  • Driveway Type: Private, Gravel

Utilities

  • Heat Type: Baseboard, Wall Unit
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Assess Description: Fee noted is WATER AND SEWER annual cost
  • Sewer Usage Fee Annual: 800

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Natchaug
  • High School: Windham

Lot Info

  • Acres: 0.1600
  • Lot Description: Corner Lot
  • Zoning: NPR2

Multi Family

  • Gross Annual Income: 34500
  • Net Operating Income: 24371
  • Unit Count: 4
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 4829
  • Total Assessed Value: 101430
  • Mil Rate Base: 36.650
  • Mil Rate Tax District: 10.960
  • Mil Rate Total: 47.610
  • Assessor Parcel Number: 2292859

MLS Schools

  • Elementary School: Natchaug
  • High School: Windham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2024
Sold by
Lin Wei E
Bought by
Lin & Chen Home Rental Ll
Current Estimated Value
$329,124

Purchase Details

Listed on
Feb 12, 2018
Closed on
Apr 9, 2018
Sold by
Toussaint Michael J
Bought by
Lin Wei E
Seller's Agent
Sue Esposito
Home Selling Team
Buyer's Agent
Sue Esposito
Home Selling Team
List Price
$172,000
Sold Price
$170,000
Premium/Discount to List
-$2,000
-1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$73,800
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2013
Sold by
Toussaint Tammy L
Bought by
Toussaint Michael J

Purchase Details

Closed on
Apr 1, 1985
Bought by
Toussaint Michael J
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
Lin & Chen Home Rental Ll -- None Available
Lin & Chen Home Rental Ll -- None Available
Lin Wei E -- --
Lin Wei E -- --
Toussaint Michael J -- --
Toussaint Michael J -- --
Toussaint Michael J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Toussaint Michael J $73,800
Previous Owner Toussaint Michael J $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2018 04/06/18 Sold $170,000 -1.2% $61 / Sq Ft
02/12/2018 02/12/18 For Sale $172,000 -- $62 / 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 $5,440 $146,940 $30,670 $116,270
2024 $5,446 $146,940 $30,670 $116,270
2023 $5,334 $112,530 $26,670 $85,860
2022 $5,255 $112,530 $26,670 $85,860
2021 $5,637 $112,530 $26,670 $85,860
2020 $5,624 $112,530 $26,670 $85,860
2019 $5,533 $112,530 $26,670 $85,860
2017 $4,829 $101,430 $26,210 $75,220
2015 $4,664 $101,430 $26,210 $75,220
2014 $4,405 $101,430 $26,210 $75,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170051703

SmartMLS

APN: WIND-001203-000026-000012