NOT LISTED FOR SALE

42 Bannon St Torrington, CT 06790

Estimated Value: $336,000 - $354,000

5 Beds
3 Baths
2,184 Sq Ft
$158/Sq Ft Est. Value

Last Sold March 27, 2015

Last sale price $40,500 $19 Per Sq Ft

Est. 750% increase in value since last sale

Current estimated payment $2,443/month

19 Days on Market

About This Home

As of March 2015

Investor opportunity for this 3 family with lots of potential. Work and updates needed. Property is bank owned and being sold "as-is".

Last Agent to Sell the Property

Chad Crookes

Statewide Premier Prop. LLC License #RES.0795164 Listed on: 02/11/2015

Last Buyer's Agent

Chad Crookes

Statewide Premier Prop. LLC License #RES.0795164 Listed on: 02/11/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,098

Parking

  • 2 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,184 Sq Ft Home
  • 3-Story Property

Schools

  • Pboe Elementary School
  • Torrington High School

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground

Additional Features

  • Balcony
  • 6,098 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: 3updown - Unit(s) per Floor
  • Total Sq Ft: 2184
  • Year Built: 1920
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: USE GPS
  • Special Features: None
  • Stories: 3

Interior Features

  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Stories Number Of: 3

Exterior Features

  • Exterior Features: Balcony
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Paved
  • Garages Number: 2
  • Total Parking Spaces: 2

Utilities

  • Heat Type: Radiator
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: Above Ground
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1400

Rental Info

  • Lease Purchase: No

Multi Family

  • Unit Count: 1
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 3670
  • Assessor Parcel Number: 885049

MLS Schools

  • Elementary School: PBOE
  • High School: Torrington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2016
Sold by
Lambis Harry
Bought by
Lambis Enterprises Llc
Current Estimated Value
$344,333

Purchase Details

Listed on
Feb 11, 2015
Closed on
Mar 31, 2015
Sold by
Nationstar Mortgage Ll
Bought by
Lambis Harry
Seller's Agent
Chad Crookes
Statewide Premier Prop. LLC
Buyer's Agent
Chad Crookes
Statewide Premier Prop. LLC
List Price
$76,400
Sold Price
$40,500
Premium/Discount to List
-$35,900
-46.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.87%

Purchase Details

Closed on
Jun 30, 2014
Sold by
White Jennifer B
Bought by
Deutsche Bk Natl T Co

Purchase Details

Closed on
Feb 6, 2002
Sold by
Ebner Oscar and Ebner Robert R
Bought by
White Michael D and White Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,400
Interest Rate
7.13%
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
Lambis Enterprises Llc -- --
Lambis Harry $40,500 --
Deutsche Bk Natl T Co -- --
White Michael D $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White Michael D $138,400
Previous Owner White Michael D $95,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2015 03/27/15 Sold $40,500 -47.0% $19 / Sq Ft
03/02/2015 03/02/15 Pending -- -- --
02/11/2015 02/11/15 For Sale $76,400 -- $35 / 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 $7,698 $200,200 $20,160 $180,040
2024 $4,979 $103,790 $20,160 $83,630
2023 $4,978 $103,790 $20,160 $83,630
2022 $4,893 $103,790 $20,160 $83,630
2021 $4,792 $103,790 $20,160 $83,630
2020 $4,792 $103,790 $20,160 $83,630
2019 $4,918 $106,530 $20,160 $86,370
2018 $4,918 $106,530 $20,160 $86,370
2017 $4,874 $106,530 $20,160 $86,370
2016 $4,874 $106,530 $20,160 $86,370
2015 $3,487 $76,210 $20,150 $56,060
2014 $3,670 $101,060 $26,040 $75,020
Source: Public Records

Agents Affiliated with this Home

  • Chad Crookes

    Seller's Agent in 2015

    Chad Crookes

    Statewide Premier Prop. LLC

    (727) 591-4039

    94 Total Sales

    Chad Crookes
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Map

Source: SmartMLS

MLS Number: B10021451

SmartMLS

APN: TORR-000108-000018-000030

Connecticut Litchfield County Torrington 06790

42 Bannon St, Torrington, CT

Not Listed for Sale

MultiFamily

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