NOT LISTED FOR SALE

389 Park Ave Torrington, CT 06790

Estimated Value: $252,000 - $292,000

3 Beds
2 Baths
2,226 Sq Ft
$125/Sq Ft Est. Value

Last Sold April 24, 2024

Last sale price $250,000 $112 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,000/month

3 Days on Market

Highlights

  • Property is near public transit
  • Covered Deck
  • Public Transportation
  • Attic
  • Tankless Water Heater
  • Shed

About This Home

As of April 2024

This charming, centrally located 2 family has been well maintained & is great for an owner occupant or to add to your investment portfolio. Freshly painted exterior approximately 1 year ago, new roof approximately 3 years ago. Paved, off-street parking. Lovely level yard with 2 barn style sheds offering plenty of storage. The property abuts the Rails 2 Trails Walking/Bike path overlooking the Naugatuck River! Beautiful first floor apartment features large spacious rooms and many updates. Eat in kitchen with an island and tiled flooring. Large living room with newer a decorative wood accent wall. Spacious bathroom with tiled flooring & tub with shower. 2 bedrooms with newer flooring. The 1st floor apartment will be available for April 1st. Long term tenant on the 2nd floor. The 2nd floor offers a good size kitchen, bathroom, living room & 1 bedroom. The 2nd floor apartment needs updating, the rent is reflective of the condition. Walk up attic. Both apartments have front porches, basement laundry hook ups & separate utilities. Excellent opportunity for an Owner Occupant, move into the 1st floor and start collecting rent!

Last Agent to Sell the Property

Lindsay J. Warner

Tier 1 Real Estate License #RES.0777720 Listed on: 02/17/2024

Last Buyer's Agent

Jorge Cintron

Vylla Home (CT) LLC License #RES.0818820

Vylla Home (CT) LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,690

Year Built

  • Built in 1920

Lot Details

  • 8,276 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Ridge Vents on the Roof
  • Aluminum Siding

Interior Spaces

  • 2,226 Sq Ft Home
  • Concrete Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Attic

  • Attic Floors
  • Walkup Attic

Outdoor Features

  • Covered Deck
  • Shed
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Floor Furnace
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Tankless Water Heater
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • 2 Units
  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 887965

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,690

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2226
  • Total Sq Ft: 2226
  • Year Built: 1920
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Library, Medical Facilities, Park, Public Pool, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS Friendly > 389 Park Ave., Torrington > See Sign.
  • Financing Used: CHFA
  • Living Area Sq Ft Per Public Record: 2226
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Walk-up, Floored
  • Basement Description: Full, Concrete Floor
  • Laundry Room Location: Basement Laundry Hook ups
  • Laundry Room Info: All Units Have Hook-Ups, Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 389

Exterior Features

  • Exterior Features: Covered Deck, Gutters, Shed
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: River View Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Paved
  • Garage And Parking: Off Street Parking, Parking Lot

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas, Oil, Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Green Features

  • Energy Features: Ridge Vents

Lot Info

  • Acres: 0.19
  • Lot Description: Water View Level Lot
  • Flood Zone: No
  • Zoning: R6
  • Parcel #: 887965

Multi Family

  • Total Number Of Units: 2
  • Unit Count: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 3690
  • Total Assessed Value: 76940
  • Mil Rate Total: 47.96

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
Feb 17, 2024
Closed on
Apr 24, 2024
Sold by
Landau James and Landau Theresa
Bought by
Pena Sandra M
Seller's Agent
Lindsay J. Warner
Tier 1 Real Estate
Buyer's Agent
Jorge Cintron
Vylla Home (CT) LLC
List Price
$247,700
Sold Price
$250,000
Premium/Discount to List
$2,300
0.93%
Views
118
Current Estimated Value
$279,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,100
Avg. Annual Appreciation
8.24%
Original Mortgage
$215,811
Outstanding Balance
$212,547
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$66,553

Purchase Details

Closed on
Jan 18, 2022
Sold by
Brickman Mel and Brickman Terri L
Bought by
Landau James and Landau Theresa

Purchase Details

Closed on
Nov 9, 2004
Sold by
Riiska Debera A
Bought by
Brickman Mel and Brickman Terri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,900
Interest Rate
5.71%
Source: Public Records

Range of Values:

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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
Pena Sandra M $250,000 None Available
Pena Sandra M $250,000 None Available
Landau James $105,000 None Available
Landau James $105,000 None Available
Brickman Mel $149,900 --
Brickman Mel $149,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pena Sandra M $215,811
Closed Pena Sandra M $25,000
Closed Pena Sandra M $215,811
Previous Owner Lehman Jeffrey S $119,900
Previous Owner Lehman Jeffrey S $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2024 04/24/24 Sold $250,000 +0.9% $112 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
02/19/2024 02/19/24 For Sale $247,700 -- $111 / 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 $6,158 $160,160 $20,370 $139,790
2024 $3,691 $76,940 $20,370 $56,570
2023 $3,690 $76,940 $20,370 $56,570
2022 $3,627 $76,940 $20,370 $56,570
2021 $3,552 $76,940 $20,370 $56,570
2020 $3,552 $76,940 $20,370 $56,570
2019 $3,331 $72,150 $20,360 $51,790
2018 $3,331 $72,150 $20,360 $51,790
2017 $3,301 $72,150 $20,360 $51,790
2016 $3,301 $72,150 $20,360 $51,790
2015 $3,301 $72,150 $20,360 $51,790
2014 $3,522 $96,970 $26,880 $70,090
Source: Public Records

Agents Affiliated with this Home

  • Lindsay J. Warner

    Seller's Agent in 2024

    Lindsay J. Warner

    Tier 1 Real Estate

    (860) 605-9400

    41 in this area

    66 Total Sales

    Lindsay J. Warner
    Section Image
  • Jorge Cintron

    Buyer's Agent in 2024

    Jorge Cintron

    Vylla Home (CT) LLC

    (203) 650-4731

    1 in this area

    85 Total Sales

    Jorge Cintron
    Section Image
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Map

Source: SmartMLS

MLS Number: 170624694

SmartMLS

APN: TORR-000115-000015-000005

Connecticut Litchfield County Torrington 06790

389 Park Ave, Torrington, CT

This home is located at 389 Park Ave, Torrington, CT 06790 since 17 February 2024 and is currently estimated at $279,100, approximately $125 per square foot. This property was built in 1920. 389 Park Ave is a home located in Litchfield County with nearby schools including Torrington Middle School, Torrington High School, and Brooker Memorial CC & Learning Center.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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