NOT LISTED FOR SALE

35 Spruce St Willimantic, CT 06226

Estimated Value: $265,957 - $315,000

8 Beds
3 Baths
2,130 Sq Ft
$139/Sq Ft Est. Value

Last Sold July 19, 2023

Last sale price $225,000 $106 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,987/month

79 Days on Market

Highlights

  • Attic
  • No HOA
  • Porch
  • Corner Lot
  • Thermal Windows
  • Heating System Uses Steam

About This Home

As of July 2023

Great opportunity for investors - The property has a successful history of leasing to graduate students. Currently all rooms are leased to students for the current school year. Buyer is to acquire tenants until the end of their leases
Separate electrical and heating systems, 200 AMP electrical service, newer oil tank, wooden replacement windows on first floor, updated bathroom in Unit 35, hardwood flooring, built-ins, easy to maintain corner lot. Natural gas is already hooked up and active in the property. The kitchen stove in Unit 35 is natural gas. Minutes to ECSU and a short drive to UCONN.
Seller is selling the property in AS IS condition and is looking for a CASH or Commercial loan sale.

Last Agent to Sell the Property

Sheryl Kupec

CT Comm. Realty & Select Homes License #RES.0778721 Listed on: 03/24/2023

Last Buyer's Agent

Linda Byrne

Gateway Real Estate License #REB.0790847

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,291

Year Built

  • Built in 1880

Lot Details

  • 3,485 Sq Ft Lot
  • Corner Lot

Home Design

  • Side-by-Side
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 2,130 Sq Ft Home
  • Thermal Windows
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Car Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants personal property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,291

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Neighborhood: Willimantic
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2130
  • Public Record Living Room Sq Ft: 2130
  • Total Sq Ft: 2130
  • Year Built: 1880
  • Property Sub Type: 2 Family
  • Exclusions: Tenants personal property
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4252
  • Tax Year Updated Dt: 06/26/2023
  • Directions: Prospect St to Spruce St
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Attic: Yes
  • Street Number Modifier: 35-37

Exterior Features

  • Exterior Features: Porch, Sidewalk
  • Exterior Siding: Shingle
  • Foundation Type: Stone
  • Roof Information: Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Garages Number: 1
  • Driveway Type: Crushed Stone

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.0800
  • Lot Description: Corner Lot
  • Zoning: NPR2

Multi Family

  • Unit Count: 2
  • Total Multi Family: 14
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 3291
  • Total Assessed Value: 69430
  • Mil Rate Base: 36.210
  • Mil Rate Tax District: 11.190
  • Mil Rate Total: 47.400
  • Assessor Parcel Number: 2290461

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
Jul 18, 2023
Sold by
Praetoria Llc
Bought by
Fernandez Inocencio
Seller's Agent
Sheryl Kupec
CT Comm. Realty & Select Homes
Buyer's Agent
Linda Byrne
Gateway Real Estate
List Price
$260,000
Sold Price
$225,000
Premium/Discount to List
-$35,000
-13.46%
Views
435
Current Estimated Value
$296,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,239
Avg. Annual Appreciation
13.82%
Original Mortgage
$168,750
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2020
Sold by
Cuc-Saenz Pedro W
Bought by
Praetoria Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2019
Closed on
Nov 20, 2019
Sold by
Klosowski Frederick M Est and Hirst
Bought by
Cuc-Saenz Pedro W and Saenz Pedro W
Seller's Agent
Sue Esposito
Home Selling Team
Buyer's Agent
Sue Esposito
Home Selling Team
List Price
$98,000
Sold Price
$98,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.28%
Original Mortgage
$116,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1984
Bought by
Klosowski Frederick M
Source: Public Records

Range of Values:

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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
Fernandez Inocencio $225,000 None Available
Praetoria Llc -- None Available
Cuc-Saenz Pedro W $98,000 None Available
Klosowski Frederick M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Inocencio $168,750
Previous Owner Praetoria Llc $116,000
Previous Owner Cuc-Saenz Pedro W $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2023 07/19/23 Sold $225,000 -16.7% $106 / Sq Ft
06/11/2023 06/11/23 Pending -- -- --
06/05/2023 06/05/23 Price Changed $270,000 +3.8% $127 / Sq Ft
03/24/2023 03/24/23 For Sale $260,000 +165.3% $122 / Sq Ft
12/19/2019 12/19/19 Sold $98,000 0.0% $46 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
09/20/2019 09/20/19 For Sale $98,000 -- $46 / 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 $4,995 $134,930 $17,170 $117,760
2024 $5,001 $134,930 $17,170 $117,760
2023 $3,291 $69,430 $14,930 $54,500
2022 $3,242 $69,430 $14,930 $54,500
2021 $3,478 $69,430 $14,930 $54,500
2020 $3,470 $69,430 $14,930 $54,500
2019 $3,414 $69,430 $14,930 $54,500
2017 $3,623 $76,100 $21,160 $54,940
2015 $3,499 $76,100 $21,160 $54,940
2014 $3,305 $76,100 $21,160 $54,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170558132

SmartMLS

APN: WIND-001403-000085-000001