NOT LISTED FOR SALE

516 Prospect St Torrington, CT 06790

Estimated Value: $356,000 - $429,193

5 Beds
3 Baths
3,505 Sq Ft
$115/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $200,000 $57 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,847/month

10 Days on Market

Highlights

  • Colonial Architecture
  • 2 Fireplaces
  • 1 Car Detached Garage
  • Attic
  • No HOA
  • Porch

About This Home

As of July 2021

Old world charm with new world updates describes this gem built in 1920 using only the finest materials. There are hardwood floors throughout, built in bookcases with leaded glass doors, leaded glass windows, French doors leading to the sunroom off the main living room. The kitchen has been recently updated with new cabinets, granite counter tops and stainless steel appliances. There is plenty of cabinet space located in the butler's pantry. There is a full bathroom on the main level as well as a large laundry room. There are 4 large bedrooms on the second level. Two of them have a sunroom off of them. The master bedroom has a fireplace and a full bath. There are 2 additional rooms in the walk up attic. The attic is fully floored and has an attic fan for cooling.
The walk out basement is partially finished with several work benches and a soap stone sink. The roof and gas heating system were done within the last 2 years. There are 3 heating zones. The detached garage is oversized and has a full walk up loft for storage. Fully fenced back yard requires little maintenance. This home is being sold "as is" along with the fully rented 3 family home next door. You can live in the main house and let the renters next door pay the mortgage.

Last Agent to Sell the Property

Rosemary Jacob

Borla & Associates Real Estate License #RES.0784225 Listed on: 06/07/2021

Last Buyer's Agent

Mary

Mary LeBlanc Realty License #REB.0794825

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,786

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot
  • Property is zoned R6

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Masonry Siding

Interior Spaces

  • 3,505 Sq Ft Home
  • 2 Fireplaces

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Attic Fan
  • Walkup Attic
  • Partially Finished Attic

Partially Finished Basement

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

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near shops and bus stop

Schools

  • Torrington High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,786

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 3505
  • Public Record Living Room Sq Ft: 3505
  • Total Sq Ft: 3505
  • Year Built: 1920
  • Nearby Amenities: Health Club, Library, Medical Facilities, Park, Shopping/Mall, Walk to Bus Lines
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Main to Prospect
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 2
  • Attic Description: Walk-up, Partially Finished
  • Basement Description: Full, Full With Walk-Out, Partially Finished, Storage
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Patio, Porch
  • Exterior Siding: Brick
  • Foundation Type: Brick, Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1

Utilities

  • Cooling System: Attic Fan
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.1500
  • Lot Description: Level Lot
  • Zoning: R6

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 5786
  • Mil Rate Base: 46.170
  • Assessor Parcel Number: 885725

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2023
Sold by
Raynor Thomas J and Francis Julie C
Bought by
Angelo Erin and Angelo Nicholas
Current Estimated Value
$403,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Outstanding Balance
$211,407
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$191,641

Purchase Details

Listed on
Jun 7, 2021
Closed on
Jul 16, 2021
Sold by
Gallagher Timothy D
Bought by
Raynor Thomas J and Francis Julie C
Seller's Agent
Rosemary Jacob
Borla & Associates Real Estate
Buyer's Agent
Mary
Mary LeBlanc Realty
List Price
$399,900
Sold Price
$200,000
Premium/Discount to List
-$199,900
-49.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.05%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Angelo Erin $360,000 None Available
Raynor Thomas J $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Angelo Erin $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $200,000 0.0% $57 / Sq Ft
06/18/2021 06/18/21 Price Changed $199,950 -50.0% $57 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $399,900 -- $114 / 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 $8,820 $229,390 $20,160 $209,230
2024 $6,012 $125,330 $20,160 $105,170
2023 $6,011 $125,330 $20,160 $105,170
2022 $5,908 $125,330 $20,160 $105,170
2021 $5,786 $125,330 $20,160 $105,170
2020 $5,786 $125,330 $20,160 $105,170
2019 $5,980 $129,530 $20,160 $109,370
2018 $5,980 $129,530 $20,160 $109,370
2017 $5,926 $129,530 $20,160 $109,370
2016 $5,926 $129,530 $20,160 $109,370
2015 $5,926 $129,530 $20,160 $109,370
2014 $5,437 $149,710 $26,040 $123,670
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170405517

SmartMLS

APN: TORR-000118-000011-000011