NOT LISTED FOR SALE

408 Main St Torrington, CT 06790

Estimated Value: $103,869

0.77 Acre
$134,895 Price per Acre
33,541 Sq Ft Lot

Last Sold May 31, 2023

Last sale price $70,000 $26 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $679/month

349 Days on Market

Highlights

  • 0.77 Acre Lot
  • Home fronts a stream
  • Open Lot
  • No HOA
  • Property is near a bus stop

About This Lot

As of May 2023

Very rare building lot ZONED - LB (local biz). Full utilities. Sidewalk. High visibility on very busy....MAIN STREET. This is your opportunity to build a new facility in the DOWNTOWN HEART of TORRINGTON. Walk everywhere.....including brand new COUNTY COURTHOUSE, City Hall....and the WARNER THEATER, SALT II, TOOTHPICK,TEQUANNA's SOUL FOOD , SASSO's PIZZA to name a few. Has a two tiered lot...perfect for two story building with full walk-in lower level and upper level on Main Street. Environmental reports completed.
Note the 30+ % drop in price . Sellers are serious Not many of these larger in-town lots...on MAIN STREET Full utilities.

Last Agent to Sell the Property

David Dean

David E. Dean, Broker License #REB.0794731 Listed on: 04/14/2022

Last Buyer's Agent

Trevor Burke

Regency Real Estate, LLC License #RES.0803628

Regency Real Estate, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,419

Lot Details

  • 0.77 Acre Lot
  • Home fronts a stream
  • Open Lot
  • Property is zoned LB

Location

  • Property is near a bus stop

Schools

  • Torrington High School

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$3,419

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Walk to Bus Lines
  • Property Sub Type: Commercial Land
  • Direct Waterfront: Yes
  • Tax Year Updated Dt: 07/13/2022
  • Directions: Just North of Pearl & Main
  • Special Features: None

Exterior Features

  • Waterfront Description: Brook
  • Road Frontage Description: Municipal Street

Utilities

  • Water Source: Public Water In Street
  • Sewer: Public Sewer In Street
  • Utilities Available: Electric Available
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.7700
  • Lot Description: Open Lot, Fence - Chain Link
  • Lot Improvements: Sidewalk
  • Lots Number Of: 1
  • Zoning: LB

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 3419
  • Mil Rate Base: 47.140
  • Assessor Parcel Number: 882024

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
May 2, 2023
Sold by
408 Main Street Llc
Bought by
Good Life Ct Llp
Seller's Agent
David Dean
David E. Dean, Broker
Buyer's Agent
Trevor Burke
Regency Real Estate, LLC
List Price
$99,900
Sold Price
$70,000
Premium/Discount to List
-$29,900
-29.93%
Views
43
Current Estimated Value
$103,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,869
Avg. Annual Appreciation
10.00%

Purchase Details

Closed on
Nov 30, 2016
Sold by
Crudele Vincenzino
Bought by
408 Main Street Llc

Purchase Details

Closed on
Nov 28, 2016
Sold by
Torrington City Of
Bought by
Crudele Vincenzino

Purchase Details

Closed on
Mar 17, 2016
Sold by
Torrington City Of
Bought by
Rkx Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Good Life Ct Llp $70,000 None Available
408 Main Street Llc -- --
Crudele Vincenzino $20,000 --
Rkx Llc $41,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rkx Llc $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2023 05/31/23 Sold $70,000 -29.9% $26 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
04/14/2022 04/14/22 For Sale $99,900 -- $37 / 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 $1,610 $41,860 $41,860 $0
2024 $3,479 $72,520 $72,520 $0
2023 $3,478 $72,520 $72,520 $0
2022 $3,419 $72,520 $72,520 $0
2021 $3,348 $72,520 $72,520 $0
2020 $3,348 $72,520 $72,520 $0
2019 $3,203 $69,370 $69,370 $0
2018 $3,203 $69,370 $69,370 $0
2017 $9,445 $206,450 $69,370 $137,080
2016 $9,445 $206,450 $69,370 $137,080
2015 $9,445 $206,450 $69,370 $137,080
2014 $8,561 $235,720 $93,760 $141,960
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    David Dean

    David E. Dean, Broker

    Section Image
  • Trevor Burke

    Buyer's Agent in 2023

    Trevor Burke

    Regency Real Estate, LLC

    (203) 525-4199

    15 in this area

    196 Total Sales

    Trevor Burke
    Section Image
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Map

Source: SmartMLS

MLS Number: 170482152

SmartMLS

APN: TORR-000118-000012-000007

Connecticut Litchfield County Torrington 06790

408 Main St, Torrington, CT

Not Listed for Sale

Lots

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