NOT LISTED FOR SALE

40 James St Torrington, CT 06790

Estimated Value: $230,446 - $293,000

4 Beds
2 Baths
1,767 Sq Ft
$146/Sq Ft Est. Value

Last Sold February 16, 2023

Last sale price $168,000 $95 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,910/month

8 Days on Market

Highlights

  • Finished Attic
  • No HOA
  • Laundry Facilities
  • Attic
  • Tankless Water Heater

About This Home

As of February 2023

Investors and owner occupants looking to rent one floor to help pay mortgage, take note. Good rental generator. Two family on quiet off street near center of town. First floor has one bedroom, while second floor has one bedroom in unit with two additional bedrooms in finished attic space. The following items have been updated within the past 5 to 7 years - electrical panel boxes and wiring, roof, front and side deck flooring, various flooring on both levels, and tankless natural gas hot water heaters now replace old oil heaters. Old oil tank was recently removed from basement area. Foundation from former garage is still in place or could be used as is for additional parking area.

Last Agent to Sell the Property

Barry Faticoni

Berkshire Hathaway NE Prop. License #REB.0755943 Listed on: 01/24/2023

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Cindy Sherwood

Turning Point Realty, LLC License #REB.0793568

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,234

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,767 Sq Ft Home
  • Basement Fills Entire Space Under The House

Attic

  • Storage In Attic
  • Walkup Attic
  • Finished Attic

Parking

  • Driveway
  • Off-Street Parking
  • Unassigned Parking

Schools

  • Torrington High School

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,234

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1767
  • Public Record Living Room Sq Ft: 1767
  • Total Sq Ft: 1767
  • Year Built: 1900
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Main St to Prospect Place then left onto Prospect St then next right onto James St. Or if familiar with area take either Prospect St or Field St to James St.
  • Special Features: None

Interior Features

  • Attic Description: Walk-up, Finished, Storage Space
  • Basement Description: Full With Hatchway
  • Laundry Room Info: Basement Hook-Up(s), Common Laundry Area
  • Attic: Yes
  • Street Number Modifier: 40

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Unassigned Parking, Driveway, Off Street Parking

Utilities

  • Heat Type: Radiator
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1100
  • Lot Description: N/A
  • Zoning: R6

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 3234
  • Total Assessed Value: 68600
  • Mil Rate Base: 47.140
  • Mil Rate Total: 47.140
  • Assessor Parcel Number: 882352

Multi Family

  • Total Num Of Units: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2024
Sold by
L & R East 43Rd St Llc
Bought by
Succes Natacha
Current Estimated Value
$257,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Outstanding Balance
$191,963
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$76,424

Purchase Details

Listed on
Jan 24, 2023
Closed on
Feb 14, 2023
Sold by
Li Guanghi
Bought by
L & R East 43Rd St Llc
Seller's Agent
Barry Faticoni
Berkshire Hathaway NE Prop.
Buyer's Agent
Cindy Sherwood
Turning Point Realty, LLC
List Price
$199,000
Sold Price
$168,000
Premium/Discount to List
-$31,000
-15.58%
Views
82

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.17%

Purchase Details

Listed on
Sep 22, 2015
Closed on
Nov 6, 2015
Sold by
Household Realty Corp
Bought by
Li Guanghui
Seller's Agent
Lisa McCarthy
Coldwell Banker Realty
Buyer's Agent
Bob Brown
Cohen Agency
List Price
$44,900
Sold Price
$40,000
Premium/Discount to List
-$4,900
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.79%

Purchase Details

Closed on
May 20, 2015
Sold by
Ashner Marjorie A and Household Realty Corp
Bought by
Household Realty Corp

Purchase Details

Closed on
May 22, 1996
Sold by
Barredo Evelyn
Bought by
Alfano Michael A and Alfano Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,293
Interest Rate
5.98%
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
Succes Natacha $260,000 None Available
L & R East 43Rd St Llc $168,000 None Available
Li Guanghui $40,000 --
Household Realty Corp -- --
Alfano Michael A $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Succes Natacha $195,000
Previous Owner Alfano Michael A $74,293
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2023 02/16/23 Sold $168,000 -15.6% $95 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
01/24/2023 01/24/23 For Sale $199,000 +397.5% $113 / Sq Ft
11/06/2015 11/06/15 Sold $40,000 -10.9% $23 / Sq Ft
10/16/2015 10/16/15 Pending -- -- --
09/22/2015 09/22/15 For Sale $44,900 -- $25 / 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 $6,142 $159,740 $19,950 $139,790
2024 $3,291 $68,600 $19,950 $48,650
2023 $3,290 $68,600 $19,950 $48,650
2022 $3,234 $68,600 $19,950 $48,650
2021 $3,167 $68,600 $19,950 $48,650
2020 $3,167 $68,600 $19,950 $48,650
2019 $2,868 $62,120 $19,950 $42,170
2018 $2,868 $62,120 $19,950 $42,170
2017 $2,842 $62,120 $19,950 $42,170
2016 $2,842 $62,120 $19,950 $42,170
2015 $2,842 $62,120 $19,950 $42,170
2014 $3,044 $83,810 $25,480 $58,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170544666

SmartMLS

APN: TORR-000119-000011-000020