NOT LISTED FOR SALE

325 Prospect St Willimantic, CT 06226

Estimated Value: $321,972 - $371,000

5 Beds
2 Baths
2,444 Sq Ft
$141/Sq Ft Est. Value

Last Sold October 24, 2022

Last sale price $277,800 $114 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,344/month

1 Day on Market

Highlights

  • City View
  • No HOA
  • Heating System Uses Steam
  • Attic

About This Home

As of October 2022

This expansive 2 family home could be used as a 1 of 2 family. There is a one bedroom unit on the on the second floor. There are also bedrooms on the second floor that are part of the first floor. It makes a great owner occupied with a one bedroom unit to pay part of your mortgage. The property is right next to ECSU and only a short drive to UCONN. Many possibilities for this home as an owner occupied or full investment. Perfect location for student housing.

Last Agent to Sell the Property

Gregory LaFlam

LaFlam Group License #REB.0792011 Listed on: 09/14/2022

Last Buyer's Agent

Rick Loranger

Coldwell Banker Realty License #REB.0789367

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,806

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 2,444 Sq Ft Home
  • City Views
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Schools

  • Windham High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,806

Year Built

Built in 1900

Lot Details

0.25 Acres

Listing Details

  • Neighborhood: Willimantic
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 2444
  • Public Record Living Room Sq Ft: 2444
  • Total Sq Ft: 2444
  • Year Built: 1900
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5325
  • Directions: GPS friendly
  • Special Features: None

Interior Features

  • Attic Description: Walk-up
  • Basement Description: Full
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

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

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.2500
  • Lot Description: City Views
  • Zoning: NPR2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 3806
  • Mil Rate Base: 35.510
  • Mil Rate Tax District: 11.190
  • Assessor Parcel Number: 1731492

Multi Family

  • Total Num Of Units: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Dec 22, 2022
Sold by
Marcue Peter
Bought by
7 West Rentals Llc
Seller's Agent
Gregory LaFlam
LaFlam Group
Buyer's Agent
Rick Loranger
Coldwell Banker Realty
List Price
$264,900
Sold Price
$277,800
Premium/Discount to List
$12,900
4.87%
Views
7
Current Estimated Value
$343,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,943
Avg. Annual Appreciation
6.63%
Original Mortgage
$196,500
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 14, 2022
Closed on
Oct 24, 2022
Sold by
Mahoney Robert Q
Bought by
Marcue Peter
Seller's Agent
Gregory LaFlam
LaFlam Group
Buyer's Agent
Rick Loranger
Coldwell Banker Realty
List Price
$264,900
Sold Price
$277,800
Premium/Discount to List
$12,900
4.87%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,500
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 1993
Sold by
Norwich Savings Societ
Bought by
Mahoney Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 1987
Sold by
Nassiff Richard
Bought by
Swanson Eileen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
10.37%
Mortgage Type
Purchase Money Mortgage
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
7 West Rentals Llc -- None Available
Marcue Peter $277,800 None Available
Mahoney Robert $85,000 --
Swanson Eileen B $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marcue Peter $196,500
Previous Owner Swanson Eileen B $68,000
Previous Owner Swanson Eileen B $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2022 10/24/22 Sold $277,800 +4.9% $114 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $264,900 -- $108 / 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
2025 $6,887 $186,030 $25,930 $160,100
2024 $6,894 $186,030 $25,930 $160,100
2023 $3,863 $81,500 $22,550 $58,950
2022 $3,806 $81,500 $22,550 $58,950
2021 $4,082 $81,500 $22,550 $58,950
2020 $4,073 $81,500 $22,550 $58,950
2019 $4,007 $81,500 $22,550 $58,950
2017 $4,303 $90,380 $21,530 $68,850
2015 $3,105 $90,380 $21,530 $68,850
2014 $3,925 $90,380 $21,530 $68,850
Source: Public Records

Agents Affiliated with this Home

  • Gregory LaFlam

    Seller's Agent in 2022

    Gregory LaFlam

    LaFlam Group

    (860) 933-3200

    6 in this area

    48 Total Sales

    Gregory LaFlam
    Section Image
  • Rick Loranger

    Buyer's Agent in 2022

    Rick Loranger

    Coldwell Banker Realty

    (860) 933-8565

    19 in this area

    178 Total Sales

    Rick Loranger
    Section Image
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Map

Source: SmartMLS

MLS Number: 170523296

SmartMLS

APN: WIND-001203-000019-000094

Connecticut Windham County Willimantic 06226

325 Prospect St, Willimantic, CT

Not Listed for Sale

MultiFamily

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