NOT LISTED FOR SALE

356 Valley St Willimantic, CT 06226

Estimated Value: $354,000 - $454,000

9 Beds
3 Baths
3,795 Sq Ft
$110/Sq Ft Est. Value

Last Sold March 15, 2017

Last sale price $215,000 $57 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,924/month

6 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Baseboard Heating
  • Attic
  • No HOA
  • 3-minute walk to Memorial Park Playground

About This Home

As of March 2017

Great investment opportunity for this up and running Multi Family Property. Full student rented for the next year at 1200 per floor. Tenants pay their own utilities, with newer gas furnaces for each unit. Property has gone through extensive renovations in past few years including newer roof, windows, furnaces, electric, hot water heaters, flooring, baths, kitchens, and common hallways. Owners electrical panel just installed to meet state code with hard wired smoke detectors and property common hall way lighting. Over $100,000 in improvements over the last 7 years. Oversized detached 3 car garage allows for additional income with paved driveway! Lots of off street parking which is a must for those who know it's importance! Code compliant rental for 9 total bedrooms, with each unit consisting of 3 bedrooms and covered porches. Owner Agent.

Last Agent to Sell the Property

Mike Thompson

Countryside Realty License #RES.0769435 Listed on: 11/18/2016

Last Buyer's Agent

Mike Thompson

Countryside Realty License #RES.0769435 Listed on: 11/18/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,792

Year Built

  • Built in 1910

Lot Details

  • 10,454 Sq Ft Lot
  • Corner Lot

Home Design

  • Aluminum Siding

Interior Spaces

  • 3 Full Bathrooms
  • 3,795 Sq Ft Home
  • 3-Story Property
  • Attic or Crawl Hatchway Insulated

Parking

  • 3 Car Garage
  • Parking Deck
  • Off-Street Parking

Outdoor Features

  • Deck
  • Rain Gutters

Schools

  • Pboe Elementary School
  • Windham High School

Utilities

  • Radiator
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $43,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,792

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Neighborhood: Willimantic
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: 3updown - Unit(s) per Floor
  • Total Sq Ft: 3795
  • Year Built: 1910
  • Nearby Amenities: Public Trash Pickup
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Main st to watson to valley
  • Special Features: None
  • Stories: 3

Interior Features

  • Full Bathrooms: 3
  • Attic Description: Access Via Hatch
  • Attic: Yes
  • Stories Number Of: 3

Exterior Features

  • Exterior Features: Deck, Gutters
  • Exterior Siding: Aluminum
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Garages Number: 3
  • Total Parking Spaces: 8

Utilities

  • Heat Type: Baseboard, Radiator
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.2400
  • Lot Description: Corner Lot
  • Flood Zone: No

Rental Info

  • Landlord Responsibility: Insurance, Maintenance/Repairs, Parking, Real Estate Taxes, Sewer, Snow Removal, Water
  • Lease Purchase: No

Multi Family

  • Gross Annual Income: 43200
  • Unit Count: 3
  • Total Num Of Units: 3

Tax Info

  • Property Tax: 3792
  • Assessor Parcel Number: 1731739

MLS Schools

  • Elementary School: PBOE
  • High School: Windham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2016
Closed on
Mar 16, 2017
Sold by
Thompson Michael and Adamaitis David
Bought by
Khattar Archna
Seller's Agent
Mike Thompson
Countryside Realty
Buyer's Agent
Mike Thompson
Countryside Realty
List Price
$229,900
Sold Price
$215,000
Premium/Discount to List
-$14,900
-6.48%
Current Estimated Value
$419,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,017
Avg. Annual Appreciation
7.81%
Original Mortgage
$150,000
Outstanding Balance
$124,457
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$294,560

Purchase Details

Closed on
Jan 12, 2006
Sold by
Goodin Lori
Bought by
Thompson Michael and Adamaitis David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,920
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2002
Sold by
Hanczar Gloria W
Bought by
Goodin Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,750
Interest Rate
7.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 1988
Sold by
Lussier Irene Est
Bought by
Hanczar Gloria
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
Khattar Archna $215,000 --
Thompson Michael $239,900 --
Goodin Lori $137,000 --
Hanczar Gloria $178,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanczar Gloria $150,000
Previous Owner Hanczar Gloria $191,920
Previous Owner Hanczar Gloria $47,980
Previous Owner Hanczar Gloria $102,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2017 03/15/17 Sold $215,000 -6.5% $57 / Sq Ft
11/25/2016 11/25/16 For Sale $229,900 0.0% $61 / Sq Ft
11/24/2016 11/24/16 Pending -- -- --
11/18/2016 11/18/16 For Sale $229,900 -- $61 / 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 $8,950 $241,760 $25,920 $215,840
2024 $8,960 $241,760 $25,920 $215,840
2023 $6,767 $142,770 $22,540 $120,230
2022 $6,667 $142,770 $22,540 $120,230
2021 $7,151 $142,770 $22,540 $120,230
2020 $7,136 $142,770 $22,540 $120,230
2019 $7,020 $142,770 $22,540 $120,230
2017 $5,255 $110,380 $21,520 $88,860
2015 $3,792 $110,380 $21,520 $88,860
2014 $4,794 $110,380 $21,520 $88,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: G10182838

SmartMLS

APN: WIND-001203-000028-000039