NOT LISTED FOR SALE

43 Mountain St Willimantic, CT 06226

Estimated Value: $217,000 - $251,000

3 Beds
2.5 Baths
1,715 Sq Ft
$137/Sq Ft Est. Value

Last Sold March 14, 2019

Last sale price $64,000 $37 Per Sq Ft

Est. 267% increase in value since last sale

Current estimated payment $1,592/month

15 Days on Market

Highlights

  • 3 Fireplaces
  • Level Lot
  • 3-minute walk to Willimantic Whitewater Partnership
  • Heating System Uses Steam

About This Home

As of March 2019

Great investment rental property, with 3 fireplaces, plenty of parking space, convenient location too many shops. Type of financing available, cash, FHA 203K. Please make an appointment to view this home with a Real Estate Agent or Broker of your choice. LBP addendum required

Last Agent to Sell the Property

Richard Gill

Aspen Realty Group License #RES.0791574 Listed on: 12/06/2018

Last Buyer's Agent

Luis Rodriguez

Coldwell Banker Realty License #RES.0755672

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,872

Year Built

  • Built in 1890

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot

Parking

  • Paved Parking

Home Design

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

Interior Spaces

  • 1,715 Sq Ft Home
  • 3 Fireplaces
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Windham High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,872

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Neighborhood: Willimantic
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 1715
  • Public Record Living Room Sq Ft: 1715
  • Total Sq Ft: 1715
  • Year Built: 1890
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 2765
  • Directions: 43 MOUNTAIN ST WILLIMANTIC CT 06226
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 3
  • Basement Description: Full
  • Attic: No

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Paved

Utilities

  • Heat Type: Steam
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.2400
  • Lot Description: Level Lot
  • Zoning: NPR2

Multi Family

  • Unit Count: 2
  • Total Multi Family: 7
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 2872
  • Mil Rate Base: 36.650
  • Mil Rate Tax District: 10.960
  • Assessor Parcel Number: 2290676

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2018
Closed on
Mar 12, 2019
Sold by
Usa Hud
Bought by
Vizzo Matthew
Seller's Agent
Richard Gill
Aspen Realty Group
Buyer's Agent
Luis Rodriguez
Coldwell Banker Realty
List Price
$75,000
Sold Price
$64,000
Premium/Discount to List
-$11,000
-14.67%
Current Estimated Value
$234,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,980
Avg. Annual Appreciation
21.32%
Original Mortgage
$51,200
Outstanding Balance
$47,070
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$187,910

Purchase Details

Closed on
Nov 13, 2018
Sold by
Midfirst Bank
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
May 14, 2018
Sold by
Faba Lucia Est and Midfirst Bank
Bought by
Midfirst Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vizzo Matthew $64,000 --
Vizzo Matthew $64,000 --
Department Of Housing & Urban Dev -- --
Department Of Housing & Urban Dev -- --
Midfirst Bank $42,900 --
Midfirst Bank $42,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vizzo Matthew $51,200
Closed Vizzo Matthew $51,200
Previous Owner Midfirst Bank $70,759
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2019 03/14/19 Sold $64,000 -14.7% $37 / Sq Ft
12/21/2018 12/21/18 Pending -- -- --
12/06/2018 12/06/18 For Sale $75,000 -- $44 / 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 $4,264 $115,180 $20,750 $94,430
2024 $4,269 $115,180 $20,750 $94,430
2023 $3,323 $70,110 $22,540 $47,570
2022 $3,274 $70,110 $22,540 $47,570
2021 $3,512 $70,110 $22,540 $47,570
2020 $3,504 $70,110 $22,540 $47,570
2019 $3,447 $70,110 $22,540 $47,570
2017 $2,872 $60,330 $19,130 $41,200
2015 $2,774 $60,330 $19,130 $41,200
2014 $2,620 $60,330 $19,130 $41,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170148367

SmartMLS

APN: WIND-001205-000142-000005