$252,000
SOLD APR 21, 2025

498 Prospect St Willimantic, CT 06226

3 Beds
2 Baths
1,476 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$171 Per Sq Ft

3% Below List Price

35 Days on Market

Highlights

  • Property is near public transit and bus stop
  • Smart Appliances
  • Baseboard Heating
  • Attic
  • Public Transportation
  • Smart Thermostat

About This Home

As of April 2025

Great Opportunity to own this Well Maintained 2 Family minutes away from ECSU! Instant rental income if you are looking to Invest or Owner Occupy.1st floor 2 bedroom unit has a tenant in place until Dec.2025. Both units are in really good condition, 2nd floor-1 bedroom unit has an open floor plan,updated bath,very clean, with plenty of space and storage to feel right at home. Newer Windows,Vinyl Siding and Wrap around Porch, add to the well cared for features of this home. Cant beat the location close to all shopping and public transportation. Ample parking for both units. Property is being Sold As Is. Conventional or Cash Only.Please see agent remarks

Last Agent to Sell the Property

janet krohn

ERA Blanchard & Rossetto License #RES.0751605 Listed on: 02/28/2025

ERA Blanchard & Rossetto

Last Buyer's Agent

Rich Marouski

Weichert,REALTORS-Four Corners License #REB.0788814

Weichert,REALTORS-Four Corners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,282

Year Built

  • Built in 1930

Home Design

  • Concrete Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,476 Sq Ft Home
  • Pull Down Stairs to Attic
  • Smart Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Home Security

  • Smart Lights or Controls
  • Smart Thermostat

Parking

  • 4 Parking Spaces
  • Private Driveway

Schools

  • W.B. Sweeney Elementary School
  • Windham High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Energy-Efficient Lighting
  • 7,841 Sq Ft Lot
  • Property is near public transit and bus stop

Community Details

  • 2 Units
  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 1731533

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,282

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Neighborhood: Willimantic
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1476
  • Total Sq Ft: 1476
  • Year Built: 1930
  • New Construction: No/Resale
  • Nearby Amenities: Commuter Bus, Library, Medical Facilities, Park, Public Transportation, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Mansfield Ave to Prospect St. House on the Corner
  • Financing Used: Conventional Fixed
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full
  • Laundry Room Location: Basement
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Home Automation: Appliances, Lighting, Thermostat(s)

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Private, Paved
  • Total Parking Spaces: 4
  • Garage And Parking: None, Paved, Off Street Parking, Driveway

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Electric, Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.18
  • Lot Description: Corner Lot Level Lot
  • Flood Zone: No
  • Zoning: NPR2
  • Parcel #: 1731533

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 4282

MLS Schools

  • Elementary School: W.B. Sweeney
  • High School: Windham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2025
Closed on
Apr 21, 2025
Sold by
Founier Maurice P
Bought by
Walencewicz David M
Seller's Agent
janet krohn
ERA Blanchard & Rossetto
Buyer's Agent
Rich Marouski
Weichert,REALTORS-Four Corners
List Price
$260,000
Sold Price
$252,000
Premium/Discount to List
-$8,000
-3.08%
Views
32
Current Estimated Value
$254,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,549
Avg. Annual Appreciation
1.41%
Original Mortgage
$10,080
Outstanding Balance
$10,017
Interest Rate
6.63%
Mortgage Type
Second Mortgage Made To Cover Down Payment
Estimated Equity
$244,532

Purchase Details

Closed on
May 9, 1997
Sold by
Gawlak David
Bought by
Fournier Maurice
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 Type Sale Price Title Company
Warranty Deed $252,000 None Available
Warranty Deed $252,000 None Available
Warranty Deed $69,000 --
Warranty Deed $69,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,080 Second Mortgage Made To Cover Down Payment
Closed $10,080 Second Mortgage Made To Cover Down Payment
Previous Owner $20,000 No Value Available
Previous Owner $120,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2025 04/21/25 Sold $252,000 -3.1% $171 / Sq Ft
04/04/2025 04/04/25 Pending -- -- --
02/28/2025 02/28/25 For Sale $260,000 -- $176 / 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 $4,277 $115,530 $25,850 $89,680
2024 $4,282 $115,530 $25,850 $89,680
2023 $3,145 $66,360 $22,480 $43,880
2022 $3,099 $66,360 $22,480 $43,880
2021 $3,324 $66,360 $22,480 $43,880
2020 $3,317 $66,360 $22,480 $43,880
2019 $3,263 $66,360 $22,480 $43,880
2017 $3,253 $68,330 $21,460 $46,870
2015 $2,474 $68,330 $21,460 $46,870
2014 $2,968 $68,330 $21,460 $46,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24074898

SmartMLS

APN: WIND-001203-000022-000001