NOT LISTED FOR SALE

53 Prospect St Torrington, CT 06790

Estimated Value: $344,000 - $373,496

6 Beds
5 Baths
2,135 Sq Ft
$169/Sq Ft Est. Value

Sale Details

Date Sold: October 22, 2020

Last sale price $250,000 $117 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,517 / mo

15 Days on Market

Highlights

  • Deck
  • No HOA
  • Tankless Water Heater
  • Property is near golf course and public transit
  • Thermal Windows
  • Baseboard Heating

About This Home

As of October 2020

Turnkey completely remodeled 3-family property with solid income! This unique property includes a 1 bedroom, 1 bath 1st floor apartment (rented at $900), a townhouse style 2 bedroom, 1.5 bath apartment (rented for $1,100), plus a 3 bedroom, 1.5 bath 2nd floor apartment that is currently available for rent (fair market rent is at least $1,100). All three units are completely remodeled and feature granite counters in the well equipped kitchens, new windows, new energy efficient natural gas heating with on demand water heaters, plus laundry hookups in each unit! Off-street parking for at least 6 vehicles makes this the perfect investment or owner occupant home... WILL NOT LAST!

Last Agent to Sell the Property

Mike Gregor

Cohen Agency SiM, LLC License #REB.0791010 Listed on: 08/14/2020

Last Buyer's Agent

Mike Gregor

Cohen Agency SiM, LLC License #REB.0791010 Listed on: 08/14/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,992

Year Built

  • Built in 1910

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,135 Sq Ft Home
  • Thermal Windows
  • Unfinished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • Parking Deck
  • Private Driveway
  • Parking Lot

Outdoor Features

  • Deck
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near golf course and public transit

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,992

Year Built

Built in 1910

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2135
  • Public Record Living Room Sq Ft: 2135
  • Total Sq Ft: 2135
  • Year Built: 1910
  • Nearby Amenities: Basketball Court, Commuter Bus, Golf Course, Health Club, Library, Park, Public Pool, Tennis Courts
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Tax Year Updated Dt: 08/14/2020
  • Directions: GPS friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 5.00
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement Description: Unfinished
  • Laundry Room Location: Laundry in Each Unit
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Parking Lot
  • Driveway Type: Private, Asphalt

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.1900
  • Lot Description: Level Lot
  • Zoning: DD-R

Multi Family

  • Unit Count: 6
  • Total Multi Family: 12
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 3992
  • Mil Rate Base: 46.170
  • Assessor Parcel Number: 893120

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2020
Closed on
Oct 22, 2020
Sold by
Sulo Spartak
Bought by
Giannakos Sisois K
Seller's Agent
Mike Gregor
Cohen Agency SiM, LLC
Buyer's Agent
Mike Gregor
Cohen Agency SiM, LLC
List Price
$259,900
Sold Price
$250,000
Premium/Discount to List
-$9,900
-3.81%
Current Estimated Value
$360,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,124
Avg. Annual Appreciation
6.78%
Original Mortgage
$187,500
Outstanding Balance
$166,467
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$193,657

Purchase Details

Closed on
Nov 9, 2017
Sold by
Ross Carol A
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Sep 3, 2015
Sold by
Ross Richard A and Ross Carol A
Bought by
Duetsche Properties Llc

Purchase Details

Closed on
Jun 19, 2007
Sold by
Fortunato Ronald
Bought by
Ross Richard Allen and Ross Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,850
Interest Rate
6.19%

Purchase Details

Closed on
Nov 20, 1992
Sold by
First Fsla Torrington
Bought by
Fortunato Ronald

Purchase Details

Closed on
Aug 30, 1990
Sold by
Tracy Archie J
Bought by
North Elm St Lp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Giannakos Sisois K $250,000 None Available
Giannakos Sisois K $250,000 None Available
Mtglq Investors Lp -- --
Mtglq Investors Lp -- --
Duetsche Properties Llc -- --
Duetsche Properties Llc -- --
Ross Richard Allen $123,800 --
Ross Richard Allen $123,800 --
Fortunato Ronald $90,000 --
Fortunato Ronald $90,000 --
North Elm St Lp $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giannakos Sisois K $187,500
Closed Giannakos Sisois K $187,500
Previous Owner North Elm St Lp $133,000
Previous Owner North Elm St Lp $92,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2020 10/22/20 Sold $250,000 -3.8% $117 / Sq Ft
08/29/2020 08/29/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $259,900 +362.3% $122 / Sq Ft
10/12/2018 10/12/18 Sold $56,224 +2.2% $26 / Sq Ft View Prior Sale
10/05/2018 10/05/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $55,000 -- $26 / Sq Ft
Source: SmartMLS

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 $7,141 $185,710 $20,370 $165,340
2024 $4,331 $90,290 $20,370 $69,920
2023 $4,330 $90,290 $20,370 $69,920
2022 $4,256 $90,290 $20,370 $69,920
2021 $4,169 $90,290 $20,370 $69,920
2020 $3,992 $86,470 $20,370 $66,100
2019 $3,464 $75,020 $20,370 $54,650
2018 $3,464 $75,020 $20,370 $54,650
2017 $3,432 $75,020 $20,370 $54,650
2016 $3,432 $75,020 $20,370 $54,650
2015 $3,432 $75,020 $20,370 $54,650
2014 $3,486 $95,970 $27,720 $68,250
Source: Public Records

Agents Affiliated with this Home

  • Mike Gregor

    Seller's Agent in 2020

    Mike Gregor

    Cohen Agency SiM, LLC

    (860) 866-7470

    70 in this area

    139 Total Sales

    Mike Gregor
    Section Image
  • Don Orsini

    Seller's Agent in 2018

    Don Orsini

    West View Properties, LLC

    (203) 528-9049

    3 in this area

    27 Total Sales

    Don Orsini
    Section Image
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Map

Source: SmartMLS

MLS Number: 170326918

SmartMLS

APN: TORR-000116-000008-000010

Connecticut Litchfield County Torrington 06790

53 Prospect St, Torrington, CT

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