NOT LISTED FOR SALE

53 Farnham Ave Torrington, CT 06790

Estimated Value: $309,000 - $357,680

5 Beds
3 Baths
2,203 Sq Ft
$151/Sq Ft Est. Value

Last Sold December 09, 2021

Last sale price $235,000 $107 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,368/month

5 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Cul-De-Sac
  • Attic
  • Thermal Windows
  • Porch

About This Home

As of December 2021

Moneymaker! Rare and incredible opportunity to own a TURNKEY 3-unit property. This beautifully maintained multi-family home has been well cared for by the same owners for 35+ years with too many improvements to list. Nice level backyard and 5 car off-street parking in the newer driveway. Located at the end of a dead end street and conveniently located just east of downtown Torrington with easy access to routes 202 and 8. The house is fully occupied with long term tenants that would like to remain. Rents are well below market value and all tenants are on a month-to-month basis. HIGHEST & BEST OFFERS in by SATURDAY, OCTOBER 23, 4:00 pm. One of this property's owners is a Real Estate Licensee.

Last Agent to Sell the Property

Kim Trumbull

William Raveis Real Estate License #REB.0756200 Listed on: 10/19/2021

William Raveis Real Estate

Last Buyer's Agent

Maddy Ceruti

Century 21 AllPoints Realty License #RES.0813001

Century 21 AllPoints Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,159

Year Built

  • Built in 1905

Lot Details

  • 0.26 Acre Lot
  • Cul-De-Sac
  • Stone Wall
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,203 Sq Ft Home
  • Thermal Windows
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated
  • Storm Doors

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near shops

Schools

  • Torrington Middle School
  • Torrington High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Public Transportation
  • Gross Income $27,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,159

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2203
  • Public Record Living Room Sq Ft: 2203
  • Total Sq Ft: 2203
  • Year Built: 1905
  • Nearby Amenities: Library, Medical Facilities, Public Pool, Public Rec Facilities, Public Transportation, Shopping/Mall
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: East Main to Maud to Farnham. Last house on left. #53 (grey vinyl sided). Please park on street (not driveway).
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Hatchway
  • Laundry Room Info: All Units Have Hook-Ups, Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 53

Exterior Features

  • Exterior Features: Porch, Sidewalk, Stone Wall
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Assigned Parking, Off Street Parking
  • Driveway Type: Paved

Utilities

  • Heat Type: Baseboard, Hot Air
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Usage Fee Annual: 822

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Storm Doors, Thermopane Windows

Lot Info

  • Acres: 0.2600
  • Lot Description: On Cul-De-Sac, Level Lot
  • Zoning: R6

Multi Family

  • Gross Annual Income: 27900
  • Unit Count: 3
  • Total Multi Family: 11
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 4159
  • Total Assessed Value: 90080
  • Mil Rate Base: 46.170
  • Mil Rate Total: 46.170
  • Assessor Parcel Number: 893183

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2021
Closed on
Dec 9, 2021
Sold by
Trumbull Kevin M and Trumbull Kim D
Bought by
Voegler Leigh A and Voegler Gregory
Seller's Agent
Kim Trumbull
William Raveis Real Estate
Buyer's Agent
Maddy Ceruti
Century 21 AllPoints Realty
List Price
$207,000
Sold Price
$235,000
Premium/Discount to List
$28,000
13.53%
Current Estimated Value
$332,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,920
Avg. Annual Appreciation
9.55%
Original Mortgage
$176,250
Outstanding Balance
$162,169
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$170,751
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
Voegler Leigh A $235,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Voegler Leigh A $176,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2021 12/09/21 Sold $235,000 +13.5% $107 / Sq Ft
10/24/2021 10/24/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $207,000 0.0% $94 / Sq Ft
11/08/2016 11/08/16 Rented $750 -1.3% --
11/05/2016 11/05/16 Under Contract -- -- --
10/21/2016 10/21/16 For Rent $760 +4.8% --
11/10/2012 11/10/12 Rented $725 0.0% --
11/10/2012 11/10/12 Under Contract -- -- --
10/24/2012 10/24/12 For Rent $725 -- --
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 $7,151 $185,990 $20,370 $165,620
2024 $4,321 $90,080 $20,370 $69,710
2023 $4,320 $90,080 $20,370 $69,710
2022 $4,246 $90,080 $20,370 $69,710
2021 $4,159 $90,080 $20,370 $69,710
2020 $4,159 $90,080 $20,370 $69,710
2019 $4,071 $88,180 $20,370 $67,810
2018 $4,071 $88,180 $20,370 $67,810
2017 $4,034 $88,180 $20,370 $67,810
2016 $4,034 $88,180 $20,370 $67,810
2015 $4,034 $88,180 $20,370 $67,810
2014 $4,008 $110,350 $28,000 $82,350
Source: Public Records

Agents Affiliated with this Home

  • Kim Trumbull

    Seller's Agent in 2021

    Kim Trumbull

    William Raveis Real Estate

    (860) 309-6542

    6 in this area

    49 Total Sales

    Kim Trumbull
    Section Image
  • Maddy Ceruti

    Buyer's Agent in 2021

    Maddy Ceruti

    Century 21 AllPoints Realty

    (860) 559-0978

    2 in this area

    142 Total Sales

    Maddy Ceruti
    Section Image
  • Chris Tse

    Buyer's Agent in 2016

    Chris Tse

    Vision Real Estate

    (860) 938-0769

    29 Total Sales

    Chris Tse
    Section Image
  • Mary

    Buyer's Agent in 2012

    Mary

    Mary LeBlanc Realty

    (860) 689-2689

    114 in this area

    184 Total Sales

    Mary
    Section Image
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Map

Source: SmartMLS

MLS Number: 170446101

SmartMLS

APN: TORR-000126-000005-000008

Connecticut Litchfield County Torrington 06790

53 Farnham Ave, Torrington, CT

This home is located at 53 Farnham Ave, Torrington, CT 06790 since 19 October 2021 and is currently estimated at $332,920, approximately $151 per square foot. This property was built in 1905. 53 Farnham Ave is a home located in Litchfield County with nearby schools including Torrington Middle School, Torrington High School, and St. Peter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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