NOT LISTED FOR SALE

46 Park St Thomaston, CT 06787

Estimated Value: $309,000 - $675,000

Studio
1 Bath
9,050 Sq Ft
$55/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $525,000 $58 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,719/month

265 Days on Market

Highlights

  • No HOA
  • Private Driveway
  • Level Lot

About This Home

As of February 2021

Well maintained 10-unit asset with an 11.8% CAP RATE. 3 buildings on one deed, one 5-unit building, one 3-unit building, and one 2-unit building. The asset consists of seven 2 BR units, one 3BR unit, and two 1 BR units. All separate utilities, gas heat, many updated units featuring granite counters, some modern vanities, tile backsplash, stainless appliances, hardwood floors, newer windows, siding, and exterior stairs. Great rental history, located in heart of downtown Thomaston. Turn key investment.

Last Agent to Sell the Property

Robert Perriello

Century 21 AllPoints Realty License #REB.0795076 Listed on: 03/24/2020

Century 21 AllPoints Realty

Last Buyer's Agent

Maria Iaralova

eXp Realty License #RES.0812577

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,037

Year Built

  • Built in 1890

Lot Details

  • 0.28 Acre Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 9,050 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 15 Car Garage
  • Private Driveway
  • Off-Street Parking

Schools

  • Black Rock Elementary School
  • Thomaston Middle School
  • Thomaston High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 10 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,037

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 9050
  • Total Sq Ft: 9050
  • Year Built: 1890
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Tax Year Updated Dt: 07/13/2020
  • Directions: GPS friendly
  • Special Features: None

Interior Features

  • Basement Description: Full, Unfinished
  • Attic: No

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Paved, Driveway, Off Street Parking
  • Garages Number: 15
  • Driveway Type: Private, Paved, Asphalt

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 30 Gallon Tank, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Intermediate School: Thomaston

Lot Info

  • Acres: 0.2800
  • Lot Description: Level Lot
  • Zoning: GC

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 8037
  • Mil Rate Base: 36.130
  • Assessor Parcel Number: 876581

Multi Family

  • Total Num Of Units: 10

MLS Schools

  • Elementary School: Black Rock
  • Middle Jr High School: Per Board of Ed
  • High School: Thomaston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2020
Closed on
Feb 11, 2021
Sold by
Stanley Management Llc
Bought by
Enrick Llc
Seller's Agent
Robert Perriello
Century 21 AllPoints Realty
Buyer's Agent
Maria Iaralova
eXp Realty
List Price
$559,900
Sold Price
$525,000
Premium/Discount to List
-$34,900
-6.23%
Current Estimated Value
$514,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,392
Avg. Annual Appreciation
-1.05%

Purchase Details

Closed on
Dec 16, 1998
Sold by
Aubel Ronald
Bought by
Stanley John and Stanley Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
6.85%
Mortgage Type
Commercial
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
Enrick Llc $525,000 None Available
Stanley John $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stanley John $300,000
Previous Owner Stanley John $127,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2021 02/12/21 Sold $525,000 -6.2% $58 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
09/27/2020 09/27/20 For Sale $559,900 +6.6% $62 / Sq Ft
09/26/2020 09/26/20 Off Market $525,000 -- --
08/13/2020 08/13/20 Price Changed $559,900 -2.6% $62 / Sq Ft
05/10/2020 05/10/20 Price Changed $574,900 -3.4% $64 / Sq Ft
03/24/2020 03/24/20 For Sale $595,000 -- $66 / 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 $12,656 $353,430 $49,420 $304,010
2024 $12,144 $353,430 $49,420 $304,010
2023 $11,886 $353,430 $49,420 $304,010
2022 $11,349 $353,430 $49,420 $304,010
2021 $8,037 $222,460 $84,840 $137,620
2020 $8,037 $222,460 $84,840 $137,620
2019 $8,126 $222,460 $84,840 $137,620
2018 $7,962 $222,460 $84,840 $137,620
2017 $7,797 $222,460 $84,840 $137,620
2016 $6,661 $195,510 $67,410 $128,100
2015 $6,575 $195,510 $67,410 $128,100
2014 $6,575 $195,510 $67,410 $128,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170283937

SmartMLS

APN: THOM-000040-000014-000017