NOT LISTED FOR SALE

433 Prospect St Torrington, CT 06790

Estimated Value: $189,000 - $354,000

8 Beds
4 Baths
2,779 Sq Ft
$99/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $120,000 $43 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $2,090/month

132 Days on Market

Highlights

  • Attic
  • Level Lot
  • Wood Siding
  • 4 Car Detached Garage

About This Home

As of December 2020

WONDERFUL OPPERTUNITY HERE IN THIS MULTIFAMILY HOME BOASTING A 4 CAR DETACHED GARAGE, HARDWOOD FLOORING, DINING ROOM AND FAMILY ROOM ON EACH FLOOR. SHORT DISTANCE TO DOWNTOWN, SHOPPING, ENTERTAINMENT, SCHOOLS AND MAJOR ROADS AND HIGHWAYS. Prop avail 10-30-20. Bids due daily BY 11:59 PM Central Time until sold. FHA Case #061-398050 .“Insured w/Escrow Repair. Elig for FHA 203K”.. FINANCE TERMS FHA , CONVENTIONAL , CASH. Buyer is responsible for determining property’s water source and sanitary system or sanitary sewer public provider, All showings are subject to the state’s COVID-19 orders, recommendations, guidance, MLS board guidelines, and all CDC and local health mandates and/or guidance regarding listing showings, Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk or may be located in close proximity to a special Flood Hazard Area. It is the buyers responsibility to verify additional information regarding flood zones and insurance... Buyer to verify additional information regarding flood zones and insurance. State law requires Smoke/ Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity, LBP PER FHA APPRAISER, 6 BEDROOM 3 BATH

Last Agent to Sell the Property

George Sznaj

DB Associates of CT, LLC License #REB.0790417 Listed on: 08/21/2020

Last Buyer's Agent

Ellie Peterson

Northwest CT Realty License #REB.0788852

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,927

Year Built

  • Built in 1910

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot

Parking

  • 4 Car Detached Garage

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,779 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Utilities

  • Radiator
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,927

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 2779
  • Public Record Living Room Sq Ft: 2779
  • Total Sq Ft: 2779
  • Year Built: 1910
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Directions: PROSPECT
  • Special Features: None

Interior Features

  • Attic Description: Walk-up
  • Basement Description: Full
  • Attic: Yes
  • Street Number Modifier: 433

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 4

Utilities

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

Schools

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

Lot Info

  • Acres: 0.2200
  • Lot Description: Level Lot
  • Zoning: R6

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4927
  • Total Assessed Value: 106710
  • Mil Rate Base: 46.170
  • Mil Rate Total: 46.170
  • Assessor Parcel Number: 895544

Multi Family

  • Total Num Of Units: 2

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 21, 2020
Closed on
Dec 10, 2020
Sold by
Usa Hud
Bought by
Naranjo-Paresez Carlos F
Seller's Agent
George Sznaj
DB Associates of CT, LLC
Buyer's Agent
Ellie Peterson
Northwest CT Realty
List Price
$108,000
Sold Price
$120,000
Premium/Discount to List
$12,000
11.11%
Total Days on Market
132
Current Estimated Value
$275,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,397
Avg. Annual Appreciation
20.57%

Purchase Details

Closed on
Apr 8, 2020
Sold by
Pnc Bank Na
Bought by
Usa Hud

Purchase Details

Closed on
Feb 19, 2020
Sold by
Best Sarah B
Bought by
Pnc Bank Na

Purchase Details

Closed on
Nov 30, 2010
Sold by
Martin Timothy and Martin Carol
Bought by
Best Sarah B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,354
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 28, 2003
Sold by
Est Roman Kathryn M and Conlon Joanne
Bought by
Martin Timothy and Martin Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
5.91%
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
Naranjo-Paresez Carlos F $120,000 None Available
Usa Hud -- None Available
Pnc Bank Na -- None Available
Best Sarah B $163,500 --
Martin Timothy $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paredez Carlos F $231,000
Previous Owner Martin Timothy $159,354
Previous Owner Martin Timothy $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold $120,000 +11.1% $43 / Sq Ft
08/21/2020 08/21/20 For Sale $108,000 -- $39 / 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
2024 $6,595 $137,490 $20,370 $117,120
2023 $6,594 $137,490 $20,370 $117,120
2022 $6,481 $137,490 $20,370 $117,120
2021 $4,927 $106,710 $20,370 $86,340
2020 $4,927 $106,710 $20,370 $86,340
2019 $4,534 $98,210 $20,370 $77,840
2018 $4,534 $98,210 $20,370 $77,840
2017 $4,493 $98,210 $20,370 $77,840
2016 $4,493 $98,210 $20,370 $77,840
2015 $4,493 $98,210 $20,370 $77,840
2014 $4,390 $120,860 $27,440 $93,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170329341

SmartMLS

APN: TORR-000118-000007-000003