NOT LISTED FOR SALE

50 Cherry Ln Willimantic, CT 06226

Estimated Value: $172,000 - $269,000

3 Beds
1 Bath
804 Sq Ft
$279/Sq Ft Est. Value

Last Sold October 25, 2023

Last sale price $157,000 $195 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,692/month

47 Days on Market

Highlights

  • Raised Ranch Architecture
  • Porch
  • Property is near shops
  • Attic
  • Shed
  • Baseboard Heating

About This Home

As of October 2023

**PRICE IMPROVEMENT!!!** Welcome to your next home sweet home! Welcome to Cherry Lane. This cozy raised ranch is a diamond in the rough, just waiting for your personal touch to make it shine. Nestled in a welcoming and friendly neighborhood, this property offers community, comfort, and potential. Move right in and make changes along the way, or bring a paint brush on day one and let your creativity flow. 3 bedrooms, a fully finished basement, and a large deck for gatherings or just taking in the sunset. It's all here for you... and even your furry friends! The large yard is fully fenced in and is the perfect space for tumbling through the grass, natural outdoor get-togethers, and digging around with your green thumb. A charming little shed in the backyard offers extra storage space for all your gardening tools, outdoor equipment, or even a workshop. The walkout basement adds both convenience and potential. Whether you envision it as a family room, home office, or a guest suite, the possibilities are endless. Plus, it provides easy access to the backyard, making it great for entertaining. This property is a fantastic opportunity for those looking to put their stamp on a home and create lasting memories. With a bit of work, you can transform this house into the perfect place to be. Don't miss your chance to own a piece of this incredible community. Schedule a viewing today and let your imagination run wild with possibilities! Property is being sold as-is.

Last Agent to Sell the Property

Stephen Daly

LPT Realty License #RES.0803141 Listed on: 08/24/2023

LPT Realty

Last Buyer's Agent

Ramon Matos

Matos Level Eminent Realty License #REB.0794590

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,085

Year Built

  • Built in 1977

Lot Details

  • 9,148 Sq Ft Lot
  • Property is zoned R4

Home Design

  • Raised Ranch Architecture
  • Concrete Foundation
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 804 Sq Ft Home
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Finished Basement

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

Parking

  • 4 Parking Spaces
  • Private Driveway

Outdoor Features

  • Shed
  • Porch

Location

  • Property is near shops
  • Property is near a bus stop

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement

Listing and Financial Details

  • Assessor Parcel Number 2290823

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,085

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Neighborhood: Willimantic
  • Property Type: Single Family For Sale
  • Style: Raised Ranch
  • Sq Ft Est Heated Above Grade: 804
  • Total Sq Ft: 804
  • Year Built: 1977
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Library, Park, Playground/Tot Lot, Public Pool, Public Rec Facilities, Shopping/Mall, Walk to Bus Lines
  • Association Amenities: None
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1696
  • Directions: From South St, turn onto Oxbow Drive. Then, turn onto Cherry Lane. Property is about halfway down the road.
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 804
  • Spec Assoc Asses: No
  • Street Type: Lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Full With Walk-Out, Fully Finished, Walk-out, Liveable Space, Storage
  • Appliances: Electric Cooktop, Electric Range, Refrigerator, Dishwasher
  • Attic: Yes
  • Street Number Modifier: 50

Exterior Features

  • Exterior Features: Porch, Shed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block, Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Private, Asphalt
  • Total Parking Spaces: 4
  • Garage And Parking: Driveway, Paved

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.21
  • Lot Description: Level Lot Fence - Full Fence - Chain Link
  • Zoning: R4
  • Parcel #: 2290823

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 4085
  • Total Assessed Value: 86190
  • Mil Rate Total: 47.4

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
Aug 24, 2023
Closed on
Oct 25, 2023
Sold by
Miller Sally
Bought by
Arroyo Aidalis
Seller's Agent
Stephen Daly
LPT Realty
Buyer's Agent
Ramon Matos
Matos Level Eminent Realty
List Price
$190,000
Sold Price
$157,000
Premium/Discount to List
-$33,000
-17.37%
Total Days on Market
47
Views
206
Current Estimated Value
$224,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,446
Avg. Annual Appreciation
24.18%
Original Mortgage
$149,150
Outstanding Balance
$147,045
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$77,401

Purchase Details

Closed on
Jun 1, 1977
Bought by
Miller Sally
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
Arroyo Aidalis $157,000 None Available
Miller Sally -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arroyo Aidalis $149,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2023 10/25/23 Sold $157,000 -1.9% $195 / Sq Ft
09/15/2023 09/15/23 Price Changed $160,000 -15.8% $199 / Sq Ft
09/07/2023 09/07/23 For Sale $190,000 -- $236 / 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
2024 $5,258 $141,880 $31,010 $110,870
2023 $4,085 $86,190 $23,450 $62,740
2022 $4,025 $86,190 $23,450 $62,740
2021 $4,317 $86,190 $23,450 $62,740
2020 $4,308 $86,190 $23,450 $62,740
2019 $4,238 $86,190 $23,450 $62,740
2017 $3,661 $76,900 $21,590 $55,310
2015 $3,536 $76,900 $21,590 $55,310
2014 $3,340 $76,900 $21,590 $55,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170595224

SmartMLS

APN: WIND-000408-000170-000037