NOT LISTED FOR SALE

387 Ash St Willimantic, CT 06226

Estimated Value: $255,000 - $288,000

3 Beds
2 Baths
1,937 Sq Ft
$139/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $50,000 $26 Per Sq Ft

Est. 437% increase in value since last sale

Current estimated payment $1,827/month

7 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • Wood Siding
  • No HOA

About This Home

As of February 2020

Not for the faint of heart! Major work is needed to bring this beauty back to the living! Nice corner lot, close to shopping, hospital and university. Great opportunity to live in one unit and rent out the other!

Last Agent to Sell the Property

Lisa Sader-Goede

Aspen Realty Group License #RES.0595795 Listed on: 12/26/2019

Last Buyer's Agent

Lisa Sader-Goede

Aspen Realty Group License #RES.0595795 Listed on: 12/26/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 0.43 Acre Lot
  • Corner Lot

Parking

  • Unpaved Parking

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,937 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Neighborhood: Willimantic
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 1937
  • Public Record Living Room Sq Ft: 1937
  • Total Sq Ft: 1937
  • Year Built: 1924
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 4027
  • Directions: Corner of Ash & North
  • Special Features: None

Interior Features

  • Basement Description: Full
  • Attic: No

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unpaved

Utilities

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

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.4300
  • Lot Description: Corner Lot
  • Zoning: R4

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 3449
  • Mil Rate Base: 36.440
  • Mil Rate Tax District: 12.730
  • Assessor Parcel Number: 1733338

Multi Family

  • Total Num Of Units: 2

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
Dec 26, 2019
Closed on
Jan 30, 2020
Sold by
Fnma
Bought by
Ponder Melissa
Seller's Agent
Lisa Sader-Goede
Aspen Realty Group
Buyer's Agent
Lisa Sader-Goede
Aspen Realty Group
List Price
$32,000
Sold Price
$50,000
Premium/Discount to List
$18,000
56.25%
Current Estimated Value
$268,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,495
Avg. Annual Appreciation
32.64%

Purchase Details

Closed on
Aug 5, 2019
Sold by
Reverse Mortgage Funding
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 23, 2019
Sold by
Stewart Audrey M and Reverse Mortgage Funding
Bought by
Reverse Mortgage Funding

Purchase Details

Closed on
Jan 1, 1984
Bought by
Stewart Audrey Marie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ponder Melissa $50,000 None Available
Federal National Mortgage Association -- --
Reverse Mortgage Funding $56,700 --
Stewart Audrey Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stewart Audrey Marie $298,500
Previous Owner Stewart Audrey Marie $103,500
Previous Owner Stewart Audrey Marie $76,000
Previous Owner Stewart Audrey Marie $61,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2020 02/14/20 Sold $50,000 +56.3% $26 / Sq Ft
01/02/2020 01/02/20 Pending -- -- --
12/26/2019 12/26/19 For Sale $32,000 -- $17 / 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 $5,192 $140,240 $28,360 $111,880
2024 $5,197 $140,240 $28,360 $111,880
2023 $3,325 $70,140 $24,670 $45,470
2022 $3,276 $70,140 $24,670 $45,470
2021 $3,513 $70,140 $24,670 $45,470
2020 $3,506 $70,140 $24,670 $45,470
2019 $3,449 $70,140 $24,670 $45,470
2017 $3,807 $79,960 $21,890 $58,070
2015 $3,677 $79,960 $21,890 $58,070
2014 $3,473 $79,960 $21,890 $58,070
Source: Public Records

Agents Affiliated with this Home

  • Lisa Sader-Goede

    Seller's Agent in 2020

    Lisa Sader-Goede

    Aspen Realty Group

    (860) 526-3598

    5 in this area

    103 Total Sales

    Lisa Sader-Goede
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Map

Source: SmartMLS

MLS Number: 170259486

SmartMLS

APN: WIND-001401-000095-000007

Connecticut Windham County Willimantic 06226

387 Ash St, Willimantic, CT

Not Listed for Sale

MultiFamily

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