NOT LISTED FOR SALE

40 Franklin St Enfield, CT 06082

Estimated Value: $383,000 - $413,000

6 Beds
3 Baths
3,306 Sq Ft
$119/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $375,000 $113 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,670/month

4 Days on Market

Highlights

  • Property is near public transit
  • Public Transportation
  • Level Lot
  • Porch

About This Home

As of March 2024

Investors take notice well maintained 3 Family. updated, windows, kitchens ,bathrooms, newer carpets, APO 2016 1st floor new furnace,2022 3rd floor new furnace,2018 2 & 3rd floor water heater,2019 new front doors,2022 1st floor Refrigerator 2023 3rd floor new Refrigerator the roof was replaced approx. 2016.Large parking lot for tenant parking. Laundry in each unit .Turn key Investment Property make an appointment to see.

Last Agent to Sell the Property

Julie Paul

Realty One Group Cutting Edge License #RES.0782883 Listed on: 01/23/2024

Realty One Group Cutting Edge

Last Buyer's Agent

Ryan McDowell

Naples Realty Group, LLC License #RES.0807499

Naples Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,714

Year Built

  • Built in 1913

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Parking

  • Shared Driveway

Home Design

  • Concrete Foundation
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 3,306 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near shops

Schools

  • J. F. Kennedy Middle School
  • Enfield High School

Utilities

  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • 3 Units
  • Public Transportation
  • Gross Income $35,040

Listing and Financial Details

  • Exclusions: Washer and Dryers in all units
  • Assessor Parcel Number 530006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,714

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Neighborhood: Thompsonville
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3306
  • Total Sq Ft: 3306
  • Year Built: 1913
  • New Construction: No/Resale
  • Nearby Amenities: Library, Playground/Tot Lot, Private School(s), Public Pool, Public Transportation, Shopping/Mall
  • Association Amenities: None
  • Property Sub Type: 3 Family
  • Exclusions: Washer and Dryers in all units
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5122
  • Directions: Enfield St (RT5) to Franklin house on the left
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 3306
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Description: Full, Unfinished
  • Laundry Room Location: in each unit
  • Laundry Room Info: All Units Have Hook-Ups, Hook-Up In Unit 1, Hook-Up In Unit 2, Hook-Up In Unit 3
  • Attic: No
  • Street Number Modifier: 40-42

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Other
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Shared, Crushed Stone
  • Garage And Parking: Off Street Parking, Parking Lot, Unassigned Parking

Utilities

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

Schools

  • Elementary School: Per Board of Ed
  • Middle School: J. F. Kennedy
  • High School: Enfield
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.17
  • Lot Description: Level Lot
  • Zoning: R33
  • Parcel #: 530006

Multi Family

  • Gross Annual Income: 35040
  • Total Number Of Units: 3
  • Unit Count: 3

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 5714
  • Total Assessed Value: 157400
  • Mil Rate Total: 36.3

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: J. F. Kennedy
  • High School: Enfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2024
Closed on
Mar 8, 2024
Sold by
Pel-Co Llc
Bought by
M2 Property Group Llc
Seller's Agent
Julie Paul
Realty One Group Cutting Edge
Buyer's Agent
Ryan McDowell
Naples Realty Group, LLC
List Price
$349,900
Sold Price
$375,000
Premium/Discount to List
$25,100
7.17%
Views
36
Current Estimated Value
$393,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,333
Avg. Annual Appreciation
2.18%

Purchase Details

Closed on
Feb 15, 1996
Sold by
Decaro Linda Est and Pellegrino
Bought by
Pellegrino Joyce and Pellegrino Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
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
M2 Property Group Llc $375,000 None Available
M2 Property Group Llc $375,000 None Available
Pellegrino Joyce $86,500 --
Pellegrino Joyce $86,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pellegrino Joyce $131,600
Previous Owner Pellegrino Joyce $144,000
Previous Owner Pellegrino Joyce $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $375,000 +7.2% $113 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $349,900 -- $106 / 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 $7,009 $187,900 $33,500 $154,400
2024 $6,821 $187,900 $33,500 $154,400
2023 $5,714 $157,400 $33,500 $123,900
2022 $5,293 $157,400 $33,500 $123,900
2021 $4,997 $121,610 $27,760 $93,850
2020 $4,948 $121,610 $27,760 $93,850
2019 $4,988 $121,610 $27,760 $93,850
2018 $4,880 $121,610 $27,760 $93,850
2017 $4,836 $121,610 $27,760 $93,850
2016 $5,006 $127,700 $27,760 $99,940
2015 $4,882 $127,700 $27,760 $99,940
2014 $4,646 $127,700 $27,760 $99,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170620530

SmartMLS

APN: ENFI-000022-000000-000044