NOT LISTED FOR SALE

503 Pleasant St Willimantic, CT 06226

Estimated Value: $319,000 - $359,000

2 Beds
3 Baths
3,040 Sq Ft
$114/Sq Ft Est. Value

Last Sold September 19, 2016

Last sale price $170,000 $56 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,427/month

236 Days on Market

Highlights

  • 0.7 Acre Lot
  • Porch
  • Ceiling Fan
  • No HOA
  • Shed
  • Heating System Uses Steam

About This Home

As of September 2016

Ideal owner occupied. Live rent free! Updates throughout. Solid multi family with many features including sprinkler system throughout! Large private back yard with plenty of parking. This building is a must see.
Owner agent

Last Agent to Sell the Property

Douglas Murphy

Weichert,REALTORS-Four Corners License #REB.0788610 Listed on: 11/15/2015

Weichert,REALTORS-Four Corners

Last Buyer's Agent

Cathyann Schulte

Countryside Realty License #REB.0751350

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,391

Year Built

  • Built in 1921

Lot Details

  • 0.7 Acre Lot
  • Open Lot
  • Sprinkler System

Interior Spaces

  • 3 Full Bathrooms
  • 3,040 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan

Parking

  • 6 Parking Spaces
  • Driveway
  • Paved Parking

Outdoor Features

  • Exterior Lighting
  • Shed
  • Porch

Schools

  • Pboe Elementary School
  • Pboe Middle School
  • Pboe High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Oil Water Heater

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $30,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,391

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Neighborhood: Willimantic
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: 3updown - Unit(s) per Floor
  • Total Sq Ft: 3040
  • Year Built: 1921
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Go over frog bridge, take a left to Pleasant Street. Building is on the right
  • Special Features: None
  • Stories: 3

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Laundry Room Location: First Floor
  • Attic: No
  • Stories Number Of: 3
  • Street Number Modifier: 503

Exterior Features

  • Exterior Features: Lighting, Porch, Shed, Underground Sprinkler
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Paved
  • Driveway Type: Asphalt
  • Total Parking Spaces: 6

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Steam
  • Heat Fuel Type: Electric, Natural Gas, Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric, Oil
  • Water Source: Public Water In Street
  • Sewer: Public Sewer In Street

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: PBOE
  • High School: PBOE
  • Intermediate School: PBOE

Lot Info

  • Acres: 0.7000
  • Lot Description: Open Lot

Rental Info

  • Landlord Responsibility: Grounds Maintenance, Insurance, Maintenance/Repairs, Parking, Real Estate Taxes, Sewer, Snow Removal, Water
  • Lease Purchase: No

Multi Family

  • Gross Annual Income: 30900
  • Unit Count: 3
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 4391
  • Total Assessed Value: 127840
  • Mil Rate Total: 34.350
  • Assessor Parcel Number: 2293324

MLS Schools

  • Elementary School: PBOE
  • High School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2015
Closed on
Sep 20, 2016
Sold by
Murphy Douglas C and Murphy Darlene A
Bought by
Gomez Joshua
Seller's Agent
Douglas Murphy
Weichert,REALTORS-Four Corners
Buyer's Agent
Cathyann Schulte
Countryside Realty
List Price
$199,900
Sold Price
$170,000
Premium/Discount to List
-$29,900
-14.96%
Current Estimated Value
$345,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,501
Avg. Annual Appreciation
6.98%
Original Mortgage
$14,450
Outstanding Balance
$11,728
Interest Rate
3.43%
Mortgage Type
Stand Alone Second
Estimated Equity
$297,751

Purchase Details

Closed on
Oct 20, 2004
Sold by
Harbec Albert E and Harbec Linda Ann
Bought by
Murphy Douglas C and Murphy Darlene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
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
Gomez Joshua $170,000 --
Murphy Douglas C $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Douglas C $14,450
Open Murphy Douglas C $166,920
Previous Owner Murphy Douglas C $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2016 09/19/16 Sold $170,000 +17335.9% $56 / Sq Ft
07/08/2016 07/08/16 Pending -- -- --
05/30/2016 05/30/16 Rented $975 0.0% --
05/30/2016 05/30/16 Under Contract -- -- --
11/26/2015 11/26/15 For Rent $975 0.0% --
11/15/2015 11/15/15 For Sale $199,900 0.0% $66 / Sq Ft
04/10/2015 04/10/15 Rented $875 0.0% --
04/10/2015 04/10/15 Under Contract -- -- --
12/20/2014 12/20/14 For Rent $875 +16.7% --
02/15/2014 02/15/14 Rented $750 0.0% --
02/15/2014 02/15/14 Under Contract -- -- --
01/08/2014 01/08/14 For Rent $750 0.0% --
03/23/2013 03/23/13 Rented $750 0.0% --
03/15/2013 03/15/13 Under Contract -- -- --
01/13/2013 01/13/13 For Rent $750 -- --
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 $6,225 $168,140 $28,660 $139,480
2024 $6,231 $168,140 $28,660 $139,480
2023 $4,403 $92,890 $24,930 $67,960
2022 $4,338 $92,890 $24,930 $67,960
2021 $4,653 $92,890 $24,930 $67,960
2020 $4,643 $92,890 $24,930 $67,960
2019 $4,567 $92,890 $24,930 $67,960
2017 $4,261 $89,490 $19,750 $69,740
2015 $3,074 $89,490 $19,750 $69,740
2014 $3,887 $89,490 $19,750 $69,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: G10094326

SmartMLS

APN: WIND-001205-000141-000006