NOT LISTED FOR SALE

48 Park St Willimantic, CT 06226

Estimated Value: $251,242 - $281,000

6 Beds
2.5 Baths
2,058 Sq Ft
$131/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $189,900 $92 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,878/month

81 Days on Market

Highlights

  • Deck
  • No HOA
  • Enclosed Patio or Porch
  • Property is near public transit
  • Thermal Windows
  • Public Transportation

About This Home

As of April 2021

Great income or owner occupied 2 family. Freshly painted exterior and newer energy star thermal pane windows makes this place shine. Separate utilities for each unit with energy efficient natural gas boilers. 2nd floor unit consists of two floor with bathrooms on each floor and living rooms. Would need town approval if new owner wants to convert the top floor to an additional apartment. Owner is a licensed real estate agent

Last Agent to Sell the Property

Daniel Saunders

Great Homes Realty, LLC License #REB.0790844 Listed on: 12/03/2020

Co-Listed By

Paul Palmer

Great Homes Realty, LLC License #RES.0797243

Last Buyer's Agent

Jack Fulton

Home Selling Team License #RES.0242870

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,700

Year Built

  • Built in 1910

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 2,058 Sq Ft Home
  • Thermal Windows
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • Parking Deck
  • Dirt Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a golf course

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Additional Features

  • Public Transportation
  • Gross Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,700

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Neighborhood: Willimantic
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2058
  • Public Record Living Room Sq Ft: 2058
  • Total Sq Ft: 2058
  • Year Built: 1910
  • Nearby Amenities: Commuter Bus, Golf Course, Health Club, Library, Medical Facilities, Park, Public Transportation, Shopping/Mall
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4044
  • Directions: Off Windham Rd
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Description: Full
  • Attic: No
  • Street Number Modifier: 48

Exterior Features

  • Exterior Features: Deck, Gutters, Porch-Enclosed, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking, Off Street Parking
  • Driveway Type: Dirt

Utilities

  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 40 Gallon Tank
  • 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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.0900
  • Lot Description: Level Lot
  • Zoning: NPR2

Multi Family

  • Gross Annual Income: 25200
  • Unit Count: 2
  • Total Multi Family: 14
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 3700
  • Total Assessed Value: 74020
  • Mil Rate Base: 36.800
  • Mil Rate Tax District: 13.180
  • Mil Rate Total: 49.980
  • Assessor Parcel Number: 1734060

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
Dec 3, 2020
Closed on
Mar 15, 2021
Sold by
Palmer Paul W
Bought by
Guzman-Batista Elsa M
Seller's Agent
Daniel Saunders
Great Homes Realty, LLC
Buyer's Agent
Jack Fulton
Home Selling Team
List Price
$189,900
Sold Price
$189,900
Current Estimated Value
$268,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,911
Avg. Annual Appreciation
7.97%
Original Mortgage
$185,576
Outstanding Balance
$167,915
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$98,792

Purchase Details

Closed on
Sep 12, 2002
Sold by
Faba Michael T and Faba Joann
Bought by
Saunders Daniel J and Palmer Paul W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 1997
Sold by
Thiffeault Violette and Thiffeault Flubacher
Bought by
Faba Michael and Faba Joann

Purchase Details

Closed on
Oct 11, 1990
Sold by
Veilleux Esq Paul
Bought by
Key Fina Svcs
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
Guzman-Batista Elsa M $189,000 None Available
Saunders Daniel J $99,000 --
Faba Michael $77,000 --
Key Fina Svcs $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guzman-Batista Elsa M $185,576
Previous Owner Putnam Robert M $120,400
Previous Owner Putnam Robert M $51,600
Previous Owner Putnam Robert M $93,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $189,900 0.0% $92 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
12/03/2020 12/03/20 For Sale $189,900 -- $92 / 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 $4,995 $134,930 $22,360 $112,570
2024 $5,001 $134,930 $22,360 $112,570
2023 $3,509 $74,020 $19,450 $54,570
2022 $3,457 $74,020 $19,450 $54,570
2021 $3,708 $74,020 $19,450 $54,570
2020 $3,700 $74,020 $19,450 $54,570
2019 $3,640 $74,020 $19,450 $54,570
2017 $3,885 $81,610 $18,840 $62,770
2015 $2,803 $81,610 $18,840 $62,770
2014 $3,544 $81,610 $18,840 $62,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170355999

SmartMLS

APN: WIND-001405-000165-000013