NOT LISTED FOR SALE

48 Ives St Willimantic, CT 06226

Estimated Value: $214,251 - $345,000

7 Beds
3 Baths
2,016 Sq Ft
$126/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $175,500 $87 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,766/month

30 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Level Lot

About This Home

As of June 2022

Solid three family fully rented with long term tenants. Newer (2016) efficient natural gas boiler for heat and hot water. Room to increase rent amounts. Two car garage out back and plenty of parking.

Last Agent to Sell the Property

Heather Meehan

Meehan & Daughters Real Estate License #REB.0755564 Listed on: 03/22/2022

Co-Listed By

Frank Villazante

Meehan & Daughters Real Estate License #RES.0794824

Last Buyer's Agent

Bonnie Seal

RE/Max Advantage Group License #RES.0814519

RE/Max Advantage Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,532

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 2,016 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Partially Finished Attic

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Garage
  • Shared Driveway
  • Dirt Driveway
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Heating System Uses Oil Above Ground

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,532

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Willimantic
  • Property Type: Multi-Family For Sale
  • Style: 3sides - Units Are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2016
  • Public Record Living Room Sq Ft: 2016
  • Total Sq Ft: 2016
  • Year Built: 1900
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4072
  • Directions: Rt 66 ( Main Street ) then turn into Ive Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Partially Finished
  • Basement Description: Full, Unfinished
  • Attic: No
  • Street Number Modifier: 48

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Garages Number: 2
  • Driveway Type: Private, Shared, Dirt

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1700
  • Lot Description: Level Lot
  • Zoning: NPR2

Multi Family

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

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 3532
  • Total Assessed Value: 70520
  • Mil Rate Base: 37.210
  • Mil Rate Tax District: 12.880
  • Mil Rate Total: 50.090
  • Assessor Parcel Number: 2290778

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
Mar 22, 2022
Closed on
Jun 3, 2022
Sold by
Mesick Rentals Grove Llc
Bought by
Laporte Integrated Svc
Seller's Agent
Heather Meehan
Meehan & Daughters Real Estate
Buyer's Agent
Bonnie Seal
RE/Max Advantage Group
List Price
$209,000
Sold Price
$175,500
Premium/Discount to List
-$33,500
-16.03%
Current Estimated Value
$253,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,813
Avg. Annual Appreciation
8.93%
Original Mortgage
$140,400
Outstanding Balance
$134,367
Interest Rate
5.11%
Mortgage Type
Commercial
Estimated Equity
$97,001

Purchase Details

Closed on
Mar 25, 2019
Sold by
Mesick Neil L and Mesick Angela L
Bought by
Mesick Rentals Grove Llc

Purchase Details

Closed on
Jan 11, 1993
Sold by
Rivers Richard and Rivers Nancy
Bought by
Mesick Neil and Mesick Angela
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
Laporte Integrated Svc $175,500 None Available
Mesick Rentals Grove Llc -- --
Mesick Neil $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laporte Integrated Svc $140,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $175,500 -16.0% $87 / Sq Ft
04/21/2022 04/21/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $209,000 +19.1% $104 / Sq Ft
03/25/2022 03/25/22 Off Market $175,500 -- --
03/22/2022 03/22/22 For Sale $209,000 -- $104 / 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 $4,620 $124,810 $19,380 $105,430
2024 $4,625 $124,810 $19,380 $105,430
2023 $3,343 $70,520 $16,860 $53,660
2022 $3,293 $70,520 $16,860 $53,660
2021 $3,532 $70,520 $16,860 $53,660
2020 $3,525 $70,520 $16,860 $53,660
2019 $3,467 $70,520 $16,860 $53,660
2017 $3,077 $64,620 $19,070 $45,550
2015 $2,971 $64,620 $19,070 $45,550
2014 $2,806 $64,620 $19,070 $45,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170475427

SmartMLS

APN: WIND-001403-000119-000006