NOT LISTED FOR SALE

40 Gifford Ave Willimantic, CT 06226

Estimated Value: $293,089 - $307,000

3 Beds
1 Bath
1,488 Sq Ft
$204/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $280,000 $188 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,108/month

4 Days on Market

Highlights

  • Ranch Style House
  • Hot Water Circulator
  • Level Lot
  • Attic
  • Hot Water Heating System

About This Home

As of August 2024

Welcome to this original three-bedroom, one-bath ranch, a perfect blend of classic design and timeless appeal. Nestled on a generous lot, this home features sturdy brick siding and offers a one-car garage for your convenience. As you step inside, you'll be greeted by a warm and inviting living space that retains its vintage charm. The spacious layout ensures a comfortable flow throughout the home, with large windows allowing ample natural light to fill each room. The three well-proportioned bedrooms offer plenty of space for family, guests, or a home office. The kitchen, true to its original design, provides ample storage and counter space, ready to accommodate your culinary needs. The adjacent dining area is perfect for family meals and casual gatherings. The single bathroom maintains its classic appeal, providing practicality and ease of use. Outside, the property boasts a large shed, perfect for additional storage or as a workshop space for your hobbies and projects. The one-car garage not only protects your vehicle but also provides extra storage space. The expansive lot offers plenty of room for outdoor activities, gardening, or simply enjoying the peaceful surroundings. This home is a wonderful opportunity for those who appreciate original charm and are looking to make it their own. Perfect for families, first-time homebuyers, or anyone looking to embrace the timeless appeal of a classic ranch home.

Last Agent to Sell the Property

Amy Rio

Executive Real Estate Inc. License #REB.0788717 Listed on: 06/07/2024

Executive Real Estate Inc.

Last Buyer's Agent

Rick Nassiff

KW Legacy Partners License #RES.0788579

KW Legacy Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,099

Year Built

  • Built in 1981

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot
  • Property is zoned R4

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Masonry Siding

Interior Spaces

  • 1,488 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Fuel Tank Located in Ground

Listing and Financial Details

  • Assessor Parcel Number 2290580

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,099

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1488
  • Total Sq Ft: 1488
  • Year Built: 1981
  • New Construction: No/Resale
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 1488
  • Street Type: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Appliances: Electric Range, Microwave, Refrigerator
  • Attic: Yes
  • Street Number Modifier: 40

Exterior Features

  • Exterior Siding: Brick
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame, Brick

Garage/Parking

  • Garages Number: 1
  • Garage And Parking: Attached Garage, Under House Garage

Utilities

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

Schools

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

Lot Info

  • Acres: 0.24
  • Lot Description: Level Lot
  • Zoning: R4
  • Parcel #: 2290580

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 6099
  • Total Assessed Value: 164570
  • Mil Rate Total: 37.06

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
Jun 7, 2024
Closed on
Aug 15, 2024
Sold by
Babij Maria Est and Babij
Bought by
Law Karen M
Seller's Agent
Amy Rio
Executive Real Estate Inc.
Buyer's Agent
Rick Nassiff
KW Legacy Partners
List Price
$249,900
Sold Price
$280,000
Premium/Discount to List
$30,100
12.04%
Views
27
Current Estimated Value
$303,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,022
Avg. Annual Appreciation
6.19%
Original Mortgage
$251,720
Outstanding Balance
$249,360
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$49,956

Purchase Details

Closed on
Jan 5, 1988
Sold by
Fegan and Fegan Salemma
Bought by
Clauson Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
10.59%
Mortgage Type
Purchase Money Mortgage
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
Law Karen M $280,000 None Available
Clauson Thomas $101,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Law Karen M $251,720
Previous Owner Clauson Thomas $89,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $280,000 +12.0% $188 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $249,900 -- $168 / 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 $6,092 $164,570 $27,850 $136,720
2024 $6,099 $164,570 $27,850 $136,720
2023 $4,805 $101,380 $24,210 $77,170
2022 $4,734 $101,380 $24,210 $77,170
2021 $5,078 $101,380 $24,210 $77,170
2020 $5,067 $101,380 $24,210 $77,170
2019 $4,985 $101,380 $24,210 $77,170
2017 $4,316 $90,650 $19,280 $71,370
2015 $4,168 $90,650 $19,280 $71,370
2014 $3,937 $90,650 $19,280 $71,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24023874

SmartMLS

APN: WIND-001305-000173-000022