NOT LISTED FOR SALE

324 E Main St Wallingford, CT 06492

Estimated Value: $460,000 - $782,968

4 Beds
6 Baths
4,212 Sq Ft
$142/Sq Ft Est. Value

Last Sold July 22, 2016

Last sale price $100,000 $24 Per Sq Ft

Est. 496% increase in value since last sale

Current estimated payment $4,160/month

68 Days on Market

Highlights

  • Barn
  • No HOA
  • Open Lot
  • Attic

About This Home

As of July 2016

Great opportunity to own a four family unit on 3/4 acre! This home needs everything; must be a cash offer.

Last Agent to Sell the Property

Margaret Bennett

Margaret Bennett Realty License #REB.0794899 Listed on: 04/13/2016

Last Buyer's Agent

Margaret Bennett

Margaret Bennett Realty License #REB.0794899 Listed on: 04/13/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1850

Lot Details

  • 0.78 Acre Lot
  • Open Lot

Home Design

  • Clap Board Siding

Interior Spaces

  • 4,212 Sq Ft Home
  • 2-Story Property
  • Walkup Attic

Parking

  • 8 Parking Spaces
  • Driveway
  • Off-Street Parking

Schools

  • Pboe Elementary School
  • Dag Hammarskjold Middle School
  • Lyman Hall High School

Farming

  • Barn

Utilities

  • Radiator
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: 4updown - Unit(s) per Floor
  • Total Sq Ft: 4212
  • Year Built: 1850
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Center Street or Durham Road to East Main Street
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Bathrooms: 6.00
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Attic Description: Walk-up
  • Attic: Yes
  • Stories Number Of: 2

Exterior Features

  • Exterior Features: Barn
  • Exterior Siding: Clapboard
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Asphalt
  • Total Parking Spaces: 8

Utilities

  • Heat Type: Radiator
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.7800
  • Lot Description: Open Lot

Rental Info

  • Lease Purchase: No

Multi Family

  • Unit Count: 4
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 7126
  • Assessor Parcel Number: 2041475

MLS Schools

  • Elementary School: PBOE
  • Middle Jr High School: Dag Hammarskjold
  • High School: Lyman Hall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2017
Sold by
Raup Zachary
Bought by
Raup Zachary
Current Estimated Value
$596,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$250,521
Interest Rate
3.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$345,971

Purchase Details

Listed on
Apr 13, 2016
Closed on
Jul 25, 2016
Sold by
Palermo Joseph and Palermo Alna
Bought by
Raup Zachary
Seller's Agent
Margaret Bennett
Margaret Bennett Realty
Buyer's Agent
Margaret Bennett
Margaret Bennett Realty
List Price
$190,000
Sold Price
$100,000
Premium/Discount to List
-$90,000
-47.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.02%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Raup Zachary -- --
Wallingford Town Of -- --
Wallingford Town Of -- --
Raup Zachary $66,666 --
Raup Zachary $33,333 --
Raup Zachary $66,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raup Zachary $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2016 07/22/16 Sold $100,000 -47.4% $24 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $190,000 -- $45 / 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 $12,231 $507,100 $98,200 $408,900
2024 $10,035 $327,300 $81,900 $245,400
2023 $9,603 $327,300 $81,900 $245,400
2022 $9,505 $327,300 $81,900 $245,400
2021 $3,693 $327,300 $81,900 $245,400
2020 $8,287 $283,900 $83,900 $200,000
2019 $3,949 $283,900 $83,900 $200,000
2018 $8,131 $283,900 $83,900 $200,000
2017 $3,360 $117,700 $86,800 $30,900
2016 $6,989 $250,600 $86,800 $163,800
2015 $7,126 $259,400 $112,800 $146,600
2014 $6,975 $259,400 $112,800 $146,600
Source: Public Records

Agents Affiliated with this Home

  • Margaret Bennett

    Seller's Agent in 2016

    Margaret Bennett

    Margaret Bennett Realty

    (203) 605-8083

    104 in this area

    192 Total Sales

    Margaret Bennett
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Map

Source: SmartMLS

MLS Number: N10125254

SmartMLS

APN: WALL-000107-000000-000010

Connecticut New Haven County Wallingford 06492

324 E Main St, Wallingford, CT

Not Listed for Sale

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