NOT LISTED FOR SALE

33 Chestnut St Willimantic, CT 06226

Estimated Value: $292,000 - $434,000

10 Beds
3 Baths
2,561 Sq Ft
$147/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $399,999 $156 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,566/month

40 Days on Market

Highlights

  • Attic
  • Porch
  • Hot Water Circulator
  • Corner Lot
  • Storm Windows
  • Hot Water Heating System

About This Home

As of September 2024

Looking for a great investment property? Close to Eastern Ct. State University, minutes to UCONN/Storrs campus, downtown, shopping, this is it! Totally redone 3 family multifamily with monthly income of $5,300. Over $130,000 of improvements(see attached sheet) new roof, new kitchens ,new bathrooms, and more! Turnkey property with nothing to do but collect the rent and relax. Split units in 2 of the apartments(not in unit 31)provides Air conditioning as well as heat. All have city sewers & city water. Each apartment has 3 bedrooms, new bathrooms, kitchens with new stainless steel appliances, totally remodeled for you or your tenants to enjoy!

Last Agent to Sell the Property

Suzanne Walsh

William Raveis Real Estate License #RES.0710652 Listed on: 08/02/2024

William Raveis Real Estate

Co-Listed By

Jack Wesa

William Raveis Real Estate License #RES.0808165

Last Buyer's Agent

Luis Rodriguez

Coldwell Banker Realty License #RES.0755672

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,121

Year Built

  • Built in 1915

Lot Details

  • 3,920 Sq Ft Lot
  • Corner Lot

Parking

  • 3 Parking Spaces

Home Design

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

Interior Spaces

  • 2,561 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Smart Thermostat
  • Storm Windows
  • Storm Doors

Outdoor Features

  • Porch

Schools

  • Windham High School

Utilities

  • Mini Split Air Conditioners
  • Wall Furnace
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Hot Water Circulator
  • Electric Water Heater

Community Details

  • 3 Units
  • Gross Income $24,000

Listing and Financial Details

  • Assessor Parcel Number 1732293

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,121

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Neighborhood: Willimantic
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2561
  • Total Sq Ft: 2561
  • Year Built: 1915
  • New Construction: No/Resale
  • Remarks Public Addendum: All units- -New roof -All painted surfaces, wrapped and vinyl and aluminum -New kitchens with granite countertops and stainless steel appliances -new bathrooms with granite countertops -New plumbing throughout, all cast-iron piping has been removed -New electrical panels -New flooring throughout. Combination of LVP carpet and refinished hardwood. -New paint throughout -Fujitsu mini split systems for heating and cooling Unit 31 Chestnut was fully gutted to the studs. It received received the following items in addition to the ones listed above. -wiring -insulation -sheet rock -doors -water heater
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Directions: GPS
  • Financing Used: Cash
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 10
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Attic Description: Walk-up
  • Basement Description: Full
  • Attic: Yes
  • Home Automation: Thermostat(s)

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Total Parking Spaces: 3
  • Garage And Parking: None, Off Street Parking

Utilities

  • Cooling System: Split System
  • Heat Type: Hot Water, Wall Unit
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: Electric, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Green Features

  • Energy Features: Storm Doors, Storm Windows

Lot Info

  • Acres: 0.09
  • Lot Description: Corner Lot
  • Zoning: NPR2
  • Parcel #: 1732293

Multi Family

  • Gross Annual Income: 24000
  • Total Number Of Units: 3

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 7121

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2024
Sold by
Lin Wei E and Chen Li Y
Bought by
Lin & Chen Home Rental Ll
Current Estimated Value
$377,663

Purchase Details

Listed on
Aug 2, 2024
Closed on
Sep 27, 2024
Sold by
Daggett Daniel C
Bought by
Lin Wei E and Chen Li Y
Seller's Agent
Suzanne Walsh
William Raveis Real Estate
Buyer's Agent
Luis Rodriguez
Coldwell Banker Realty
List Price
$399,999
Sold Price
$399,999
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.42%

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jun 15, 2022
Sold by
Rego Group Llc
Bought by
Daggett Daniel C
Seller's Agent
Peter Baker
RE/MAX Bell Park Realty
Buyer's Agent
Cathy Duprey
Duprey Real Estate, LLC
List Price
$220,000
Sold Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.68%
Original Mortgage
$165,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2004
Sold by
Kitfield Timothy Est and Mcgrath
Bought by
Oliver Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2000
Sold by
Roberge Kenneth and Roberge Joanne
Bought by
Kitfield Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Interest Rate
8.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lin & Chen Home Rental Ll -- None Available
Lin & Chen Home Rental Ll -- None Available
Lin Wei E $399,999 None Available
Lin Wei E $399,999 None Available
Daggett Daniel C $220,000 None Available
Daggett Daniel C $220,000 None Available
Oliver Edward $153,000 --
Oliver Edward $153,000 --
Kitfield Timothy $93,000 --
Kitfield Timothy $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daggett Daniel C $165,000
Previous Owner Kitfield Timothy $122,400
Previous Owner Kitfield Timothy $74,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2024 09/30/24 Sold $399,999 0.0% $156 / Sq Ft
09/11/2024 09/11/24 Pending -- -- --
08/02/2024 08/02/24 For Sale $399,999 +81.8% $156 / Sq Ft
06/15/2022 06/15/22 Sold $220,000 0.0% $86 / Sq Ft View Prior Sale
04/30/2022 04/30/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $220,000 -- $86 / 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 $7,113 $192,140 $26,830 $165,310
2024 $7,121 $192,140 $26,830 $165,310
2023 $4,416 $93,160 $23,330 $69,830
2022 $4,351 $93,160 $23,330 $69,830
2021 $4,666 $93,160 $23,330 $69,830
2020 $4,656 $93,160 $23,330 $69,830
2019 $4,581 $93,160 $23,330 $69,830
2017 $3,520 $73,940 $21,190 $52,750
2015 $3,400 $73,940 $21,190 $52,750
2014 $3,211 $73,940 $21,190 $52,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24036850

SmartMLS

APN: WIND-001303-000052-000001