NOT LISTED FOR SALE

40 Hoffman Ct Unit B2 Wallingford, CT 06492

Estimated Value: $171,287 - $187,000

2 Beds
1 Bath
795 Sq Ft
$270/mo HOA Fee

Last Sold October 20, 2023

Last sale price $144,000 $181 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,424/month

22 Days on Market

Highlights

  • Property is near public transit
  • End Unit
  • Public Transportation
  • Ranch Style House
  • Cul-De-Sac
  • Baseboard Heating

About This Home

As of October 2023

Beautiful corner unit with updated Kitchen & Bath: Stainless steel appliances, Granite Counter Tops, Tiled bathroom, Hard wood floors in Living Room & Kitchen, and carpeting in bedrooms. Walk to Center of Town, Doolittle Park, YMCA, Schools and everything that downtown Wallingford has to offer.

Last Agent to Sell the Property

Ranee Bibisi

LAER Realty Partners License #RES.0808386 Listed on: 08/25/2023

LAER Realty Partners

Last Buyer's Agent

John Farkash

Berkshire Hathaway NE Prop. License #RES.0792930

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,910

Year Built

  • Built in 1960

Lot Details

  • End Unit
  • Cul-De-Sac

HOA Fees

  • $270 Monthly HOA Fees

Home Design

  • 795 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Masonry Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Shared Basement
  • Basement Storage

Parking

  • 2 Car Garage
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near a bus stop
  • Property is near a golf course

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, water, sewer, property management
  • 33 Units
  • Hoffman Court Community
  • Property managed by President of Association

Amenities

  • Public Transportation
  • Coin Laundry

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,910

Year Built

Built in 1960

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 795
  • Public Record Living Room Sq Ft: 795
  • Total Sq Ft: 795
  • Year Built: 1960
  • Nearby Amenities: Basketball Court, Commuter Bus, Golf Course, Health Club, Library, Public Transportation, Tennis Courts, Walk to Bus Lines
  • Remarks Public Addendum: Investors take note: This property is owned by an LLC. Purchase the LLC and avoid Rental Ratio. In-Town location. Five minute walk to Center of Wallingford.
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 795
  • Directions: Follow GPS to Hoffman Court. Building 40 is on the left hand side. Unit is upstairs and on the right.
  • Special Features: None

Interior Features

  • Room Count: 1
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Shared Basement, Storage
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher
  • Laundry Room Info: Coin Op Laundry
  • Attic: No
  • Street Number Modifier: 40

Exterior Features

  • Exterior Siding: Brick
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking
  • Garages Number: 2

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Water, Sewer, Property Management
  • Complex Name: Hoffman Court
  • Levels In Unit: 2
  • HOA Fees: 270
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Unit Owners Association
  • Property Manager Email: HoffmanCourtCondo@yahoo.com
  • Property Manager Phone: 203-528-8806
  • Property Mgt Company Name: President of Association

Schools

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

Lot Info

  • Lot Description: On Cul-De-Sac
  • Zoning: RES

Rental Info

  • Pets Allowed: Restrictions

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 1910
  • Total Assessed Value: 65100
  • Mil Rate Base: 29.340
  • Mil Rate Total: 29.340
  • Assessor Parcel Number: 2043808

Multi Family

  • Total Num Of Units: 33

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
Aug 25, 2023
Closed on
Oct 20, 2023
Sold by
M Williams Llc
Bought by
Pestana Nicole
Seller's Agent
Ranee Bibisi
LAER Realty Partners
Buyer's Agent
John Farkash
Berkshire Hathaway NE Prop.
List Price
$159,000
Sold Price
$144,000
Premium/Discount to List
-$15,000
-9.43%
Views
184
Current Estimated Value
$176,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,572
Avg. Annual Appreciation
10.96%
Original Mortgage
$129,600
Outstanding Balance
$127,052
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$49,520
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
Pestana Nicole $144,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pestana Nicole $129,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2023 10/20/23 Sold $144,000 -9.4% $181 / Sq Ft
08/25/2023 08/25/23 For Sale $159,000 +72.8% $200 / Sq Ft
06/01/2018 06/01/18 Sold $92,000 -2.6% $116 / Sq Ft View Prior Sale
04/11/2018 04/11/18 Pending -- -- --
04/08/2018 04/08/18 For Sale $94,495 -- $119 / 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 $2,566 $106,400 $0 $106,400
2024 $1,996 $65,100 $0 $65,100
2023 $1,910 $65,100 $0 $65,100
2022 $1,891 $65,100 $0 $65,100
2021 $1,857 $65,100 $0 $65,100
2020 $1,795 $61,500 $0 $61,500
2019 $1,795 $61,500 $0 $61,500
2018 $1,761 $61,500 $0 $61,500
2017 $1,756 $61,500 $0 $61,500
2016 $1,715 $61,500 $0 $61,500
2015 $1,799 $65,500 $0 $65,500
2014 $1,761 $65,500 $0 $65,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170592692

SmartMLS

APN: WALL-000134-000000-000099-000023