NOT LISTED FOR SALE

370 Valley St Willimantic, CT 06226

Estimated Value: $318,000 - $429,000

7 Beds
3 Baths
2,976 Sq Ft
$121/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $290,000 $97 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,338/month

157 Days on Market

Highlights

  • Attic
  • Property is near shops
  • 4-minute walk to Memorial Park Playground
  • Wrap Around Porch
  • Private Driveway

About This Home

As of November 2023

Excellent investment opportunity just minutes from ECSU! This property offers 3 residential rentals, plus a detached garage that rents separately. Located on a nice, level, corner lot at the corner of Birch Street (non-thru street) and Valley Street. There is paved off-street parking. There are two 2-bedroom units and one 3-bedroom unit. Landlord pays for water, trash, snow removal, and lawn/grounds - tenants pay for heat, hot water, and electricity. All units are currently rented, including the detached garage. Property is being sold as is.

Last Agent to Sell the Property

Sue Esposito

Home Selling Team License #REB.0755041 Listed on: 06/26/2023

Last Buyer's Agent

Raymond Crossen

R.F. Crossen Group, LLC License #REB.0758717

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,877

Year Built

  • Built in 1900

Lot Details

  • 0.32

Home Design

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

Interior Spaces

  • 2,976 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Garage
  • Private Driveway

Schools

  • W.B. Sweeney Elementary School
  • Windham High School

Additional Features

  • Wrap Around Porch
  • 0.32 Acre Lot
  • Property is near shops
  • Gas Available at Street

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 1731657

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,877

Year Built

Built in 1900

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: 2976
  • Total Sq Ft: 2976
  • Year Built: 1900
  • New Construction: No/Resale
  • Nearby Amenities: Library, Park, Shopping/Mall
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 4944
  • Directions: Main St (Rt 32) to Watson Street to Valley Street
  • Financing Used: FHA
  • Living Area Sq Ft Per Public Record: 2976
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Description: Full With Hatchway, Unfinished
  • Attic: Yes
  • Street Number Modifier: 370

Exterior Features

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

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Private, Paved
  • Garage And Parking: Detached Garage, Off Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Hot Air
  • Heat Fuel Type: Gas In Street
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: W.B. Sweeney
  • High School: Windham

Lot Info

  • Acres: 0.32
  • Lot Description: Corner Lot Level Lot
  • Zoning: NPR2
  • Parcel #: 1731657

Multi Family

  • Total Number Of Units: 3
  • Unit Count: 4

Tax Info

  • Property Tax: 4877
  • Total Assessed Value: 102880
  • Mil Rate Total: 47.4

MLS Schools

  • Elementary School: W.B. Sweeney
  • High School: Windham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2023
Closed on
Nov 30, 2023
Sold by
Valleylee Llc
Bought by
Morant Steadman R and Morant T-Shae Y
Seller's Agent
Sue Esposito
Home Selling Team
Buyer's Agent
Raymond Crossen
R.F. Crossen Group, LLC
List Price
$320,000
Sold Price
$290,000
Premium/Discount to List
-$30,000
-9.38%
Views
472
Current Estimated Value
$320,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,052
Avg. Annual Appreciation
4.62%
Original Mortgage
$279,812
Outstanding Balance
$276,416
Interest Rate
7.63%
Mortgage Type
FHA
Estimated Equity
$36,291
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
Morant Steadman R $290,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morant Steadman R $279,812
Previous Owner Lee John $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $290,000 -6.5% $97 / Sq Ft
08/23/2023 08/23/23 Price Changed $310,000 -3.1% $104 / Sq Ft
06/26/2023 06/26/23 For Sale $320,000 0.0% $108 / Sq Ft
06/16/2023 06/16/23 Rented $1,200 0.0% --
06/12/2023 06/12/23 Under Contract -- -- --
06/12/2023 06/12/23 For Rent $1,200 0.0% --
06/09/2023 06/09/23 Off Market $1,200 -- --
06/09/2023 06/09/23 Under Contract -- -- --
06/03/2023 06/03/23 For Rent $1,200 -- --
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 $6,834 $184,590 $30,370 $154,220
2024 $6,841 $184,590 $30,370 $154,220
2023 $4,877 $102,880 $26,400 $76,480
2022 $4,804 $102,880 $26,400 $76,480
2021 $5,153 $102,880 $26,400 $76,480
2020 $5,142 $102,880 $26,400 $76,480
2019 $5,059 $102,880 $26,400 $76,480
2017 $4,577 $96,130 $27,210 $68,920
2015 $4,420 $96,130 $27,210 $68,920
2014 $4,175 $96,130 $27,210 $68,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170580171

SmartMLS

APN: WIND-001203-000028-000038