NOT LISTED FOR SALE

485 Jackson St Willimantic, CT 06226

Estimated Value: $287,000 - $310,000

4 Beds
2 Baths
2,142 Sq Ft
$139/Sq Ft Est. Value

Last Sold January 09, 2012

Last sale price $145,000 $68 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,986/month

105 Days on Market

Highlights

  • 1.35 Acre Lot
  • Porch
  • Property is near bus stop
  • Attic
  • Home fronts a stream
  • Baseboard Heating

About This Home

As of January 2012

Spacious updated 2 family with recent furnace, windows, roof & siding. Close to shopping, busline, uconn, ecsu, lauter park & spring park. Central heat and hot water, separate electric. Very nice owner occupied home...Tenants can help with the mortgage!
Very large 1.35 Ac lot with a pretty stream. Unusual lot for the city!

Last Agent to Sell the Property

Marylou Bradley

RE/MAX Destination License #REB.0070936 Listed on: 07/15/2011

RE/MAX Destination

Last Buyer's Agent

Laura Giro

Weichert,REALTORS-Four Corners License #RES.0770248

Weichert,REALTORS-Four Corners

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 1.35 Acre Lot
  • Home fronts a stream
  • Many Trees

Home Design

  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,142 Sq Ft Home
  • 2-Story Property
  • Attic

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • Gravel Driveway
  • Unassigned Parking

Schools

  • Cla Elementary School
  • WMS Middle School
  • WHS High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Porch
  • Property is near bus stop

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Willimantic
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Total Sq Ft: 2142
  • Year Built: 1900
  • Nearby Amenities: Public Trash Pickup, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: Yes
  • Directions: Main street to jackson street. Across from potters funeral home parking lot.
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Basement Description: Full With Walk-Out, Unfinished
  • Interior Amenities: Cable - Available
  • Attic: Yes
  • Stories Number Of: 2

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Brook

Garage/Parking

  • Garage Parking Info: Unassigned Parking
  • Driveway Type: Gravel
  • Total Parking Spaces: 6

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Intermediate School: Wms

Lot Info

  • Acres: 1.3500
  • Lot Description: Treed

Rental Info

  • Landlord Responsibility: Heat, Hot Water, Maintenance/Repairs, Real Estate Taxes, Sewer, Snow Removal, Trash Service, Water
  • Lease Purchase: No

Multi Family

  • Unit Count: 2
  • Total Num Of Units: 2

Tax Info

  • Assessor Parcel Number: 2293300

MLS Schools

  • Elementary School: Cla
  • High School: Whs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2011
Closed on
Jan 11, 2012
Sold by
Otto Robert K and Otto Anne S
Bought by
Hernandez Jorge
Seller's Agent
Marylou Bradley
RE/MAX Destination
Buyer's Agent
Laura Giro
Weichert,REALTORS-Four Corners
List Price
$166,500
Sold Price
$145,000
Premium/Discount to List
-$21,500
-12.91%
Current Estimated Value
$297,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,243
Avg. Annual Appreciation
5.26%
Original Mortgage
$141,324
Outstanding Balance
$96,980
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$200,263

Purchase Details

Closed on
Sep 23, 2002
Sold by
King Robert D and King Lorraine M
Bought by
Otto Robert K and Otto Anne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
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
Hernandez Jorge $145,000 --
Otto Robert K $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otto Robert K $141,324
Previous Owner Otto Robert K $66,000
Previous Owner Otto Robert K $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2012 01/09/12 Sold $145,000 -12.9% $68 / Sq Ft
10/28/2011 10/28/11 Pending -- -- --
07/15/2011 07/15/11 For Sale $166,500 -- $78 / 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 $5,142 $138,910 $29,390 $109,520
2024 $5,148 $138,910 $29,390 $109,520
2023 $3,741 $78,920 $25,570 $53,350
2022 $3,686 $78,920 $25,570 $53,350
2021 $3,953 $78,920 $25,570 $53,350
2020 $3,944 $78,920 $25,570 $53,350
2019 $3,880 $78,920 $25,570 $53,350
2017 $3,972 $83,430 $22,800 $60,630
2015 $3,836 $83,430 $22,800 $60,630
2014 $3,623 $83,430 $22,800 $60,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: G598154

SmartMLS

APN: WIND-001401-000103-000017