NOT LISTED FOR SALE

53-55 Community Ave Plainfield, CT 06374

Estimated Value: $231,918 - $330,000

6 Beds
2 Baths
2,526 Sq Ft
$116/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $105,000 $42 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $1,777/month

34 Days on Market

Highlights

  • Attic
  • No HOA
  • 3-minute walk to Lions Park
  • Corner Lot

About This Home

As of October 2019

Investors take note! Fully rented Duplex. Each unit has 3BR-1 Bath. Both units have laundry hookups. Tenant occupied, so 24-48 hour notice for all showings please. No government financing-must be 203K , Cash, or Conventional.

Last Agent to Sell the Property

Erin Pepas

RE/MAX on the Bay License #REB.0792942 Listed on: 08/08/2019

RE/MAX on the Bay

Last Buyer's Agent

Cheryl Roireau

William Raveis Real Estate License #RES.0773838

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,048

Year Built

  • Built in 1916

Lot Details

  • 0.28 Acre Lot
  • Corner Lot

Home Design

  • Side-by-Side
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Asbestos Siding

Interior Spaces

  • 2,526 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • Shared Driveway
  • Dirt Driveway
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Schools

  • Plainfield High School

Utilities

  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Exclusions: All appliances belong to the tenants.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,048

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2526
  • Public Record Living Room Sq Ft: 2526
  • Total Sq Ft: 2526
  • Year Built: 1916
  • Nearby Amenities: Lake, Medical Facilities, Park, Public Pool, Public Rec Facilities
  • Property Sub Type: 2 Family
  • Exclusions: All appliances belong to the tenants.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4132
  • Tax Year Updated Dt: 08/05/2019
  • Directions: I-395 N to exit 28. Left onto Lathrop Rd. Right onto Norwich Rd. Left onto 5th St. Right onto Community Avenue.
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Unfinished
  • Laundry Room Info: All Units Have Hook-Ups, Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 53

Exterior Features

  • Exterior Features: Gutters, Lighting
  • Exterior Siding: Asbestos
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway, Off Street Parking
  • Driveway Type: Shared, Dirt

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.2800
  • Lot Description: Corner Lot
  • Flood Zone: No
  • Zoning: RA30

Multi Family

  • Unit Count: 6
  • Total Multi Family: 12
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 2048
  • Total Assessed Value: 68210
  • Mil Rate Base: 28.330
  • Mil Rate Tax District: 1.700
  • Mil Rate Total: 30.030
  • Assessor Parcel Number: 1701906

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Plainfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2019
Closed on
Oct 11, 2019
Sold by
David Ellis Props Llc
Bought by
Barth Brandon J
Seller's Agent
Erin Pepas
RE/MAX on the Bay
Buyer's Agent
Cheryl Roireau
William Raveis Real Estate
List Price
$129,900
Sold Price
$105,000
Premium/Discount to List
-$24,900
-19.17%
Current Estimated Value
$294,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,230
Avg. Annual Appreciation
17.00%
Original Mortgage
$78,750
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2013
Sold by
Rizer Gloria M
Bought by
David Ellis Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
4.14%
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
Barth Brandon J $105,000 --
Barth Brandon J $105,000 --
David Ellis Properties $70,000 --
David Ellis Properties $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barth Brandon J $135,100
Closed Barth Brandon J $78,750
Previous Owner David Ellis Properties $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2019 10/11/19 Sold $105,000 -12.4% $42 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
08/26/2019 08/26/19 Price Changed $119,900 -7.7% $47 / Sq Ft
08/08/2019 08/08/19 For Sale $129,900 -- $51 / 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 $2,674 $119,760 $25,560 $94,200
2023 $2,661 $119,760 $25,560 $94,200
2022 $3,503 $68,210 $23,230 $44,980
2021 $2,055 $68,210 $23,230 $44,980
2020 $2,048 $68,210 $23,230 $44,980
2019 $2,048 $68,210 $23,230 $44,980
2018 $2,023 $68,210 $23,230 $44,980
2017 $2,682 $84,830 $20,500 $64,330
2016 $2,587 $84,830 $20,500 $64,330
2015 $2,529 $84,830 $20,500 $64,330
2014 $2,529 $84,830 $20,500 $64,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170223331

SmartMLS

APN: PLAI-000002P-000027-000091