$348,000
SOLD MAR 25, 2025

371 Prospect St Willimantic, CT 06226

4 Beds
2 Baths
3,180 Sq Ft
0.41 Acres

Recently Sold

$109 Per Sq Ft

5% Below List Price

4 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • Bonus Room
  • Property is near public transit
  • 1 Fireplace
  • Balcony

About This Home

As of March 2025

INVESTORS TAKE NOTICE! Fully rented and producing great cash flow in the heart of Willimantic, neighboring Eastern campus. Well taken care of by the same owner for 30 years before using as a rental. New furnace, oil tank, water heater, appliances, windows, and flooring. Plenty of off street parking.

Last Agent to Sell the Property

Sadierose Lemire

Drawbridge Realty License #RES.0821975 Listed on: 01/26/2025

Last Buyer's Agent

Jason Boice

eXp Realty License #RES.0821682

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,029

Year Built

  • Built in 1908

Lot Details

  • 0.41 Acre Lot
  • Garden
  • Property is zoned NPR1

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Clap Board Siding

Interior Spaces

  • 1 Fireplace
  • Entrance Foyer
  • Bonus Room
  • Concrete Flooring
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Oven or Range
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Walkup Attic

Parking

  • 2 Car Garage
  • Private Driveway

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Breezeway

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 1736017

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,029

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Neighborhood: Willimantic
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2181
  • Sq Ft Est Heated Below Grade: 999
  • Total Sq Ft: 3180
  • Year Built: 1908
  • New Construction: No/Resale
  • Nearby Amenities: Library, Park, Public Rec Facilities, Public Transportation, Shopping/Mall
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: If you are coming from the intersection of Windham St. and Prospect, it will be the 3rd house on your right. Across from Tingley St. If you are coming from Windham Hospital intersection, it is on your left.
  • Financing Used: Conventional Fixed
  • In Law Apartment: No
  • Street Type: Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Storage Space, Walk-up
  • Basement Description: Full, Concrete Floor
  • Interior Amenities: Cable - Available
  • Appliances: Gas Range, Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Bonus Room, Breezeway, Foyer
  • Laundry Room Location: Laundry in basement
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Home Automation: Security System

Exterior Features

  • Exterior Features: Balcony, Sidewalk, Garden Area, Lighting, Patio
  • Exterior Siding: Clapboard
  • 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, Asphalt
  • Total Parking Spaces: 8
  • Garage And Parking: Detached Garage, Paved, Off Street Parking, Driveway

Utilities

  • Cooling System: Window Unit
  • Heat Type: Steam
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.41
  • Lot Description: Level Lot Cleared
  • Flood Zone: No
  • Zoning: NPR1
  • Parcel #: 1736017

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 7029

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2025
Closed on
Mar 24, 2025
Sold by
Lemire Kenneth C and Lemire Nancy C
Bought by
Z Walker Llc
Seller's Agent
Sadierose Lemire
Drawbridge Realty
Buyer's Agent
Jason Boice
eXp Realty
List Price
$365,000
Sold Price
$348,000
Premium/Discount to List
-$17,000
-4.66%
Views
40
Current Estimated Value
$355,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,505
Avg. Annual Appreciation
3.10%
Original Mortgage
$278,400
Outstanding Balance
$276,981
Interest Rate
6.89%
Mortgage Type
Commercial
Estimated Equity
$78,524
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 Type Sale Price Title Company
Warranty Deed $348,000 None Available
Warranty Deed $348,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $278,400 Commercial
Closed $278,400 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2025 03/25/25 Sold $348,000 -4.7% $109 / Sq Ft
02/05/2025 02/05/25 For Sale $365,000 0.0% $115 / Sq Ft
02/02/2025 02/02/25 Pending -- -- --
01/28/2025 01/28/25 For Sale $365,000 -- $115 / 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 $7,022 $189,670 $27,180 $162,490
2024 $7,029 $189,670 $27,180 $162,490
2023 $5,563 $117,370 $23,650 $93,720
2022 $5,481 $117,370 $23,650 $93,720
2021 $5,879 $117,370 $23,650 $93,720
2020 $5,866 $117,370 $23,650 $93,720
2019 $5,771 $117,370 $23,650 $93,720
2017 $5,588 $117,380 $21,790 $95,590
2015 $5,516 $119,970 $21,790 $98,180
2014 $5,210 $119,970 $21,790 $98,180
Source: Public Records

Agents Affiliated with this Home

  • Sadierose Lemire

    Seller's Agent in 2025

    Sadierose Lemire

    Drawbridge Realty

    (860) 237-1935

    5 in this area

    9 Total Sales

    Sadierose Lemire
    Section Image
  • Jason Boice

    Buyer's Agent in 2025

    Jason Boice

    eXp Realty

    (860) 690-1201

    8 in this area

    156 Total Sales

    Jason Boice
    Section Image
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Map

Source: SmartMLS

MLS Number: 24066154

SmartMLS

APN: WIND-001203-000019-000104

Connecticut Windham County Willimantic 06226

371 Prospect St, Willimantic, CT

Sold

Detached

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