NOT LISTED FOR SALE

56 W Main St Stafford Springs, CT 06076

Estimated Value: $258,094 - $296,000

7 Beds
3 Baths
1,488 Sq Ft
$186/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $180,000 $121 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,936/month

66 Days on Market

Highlights

  • Deck
  • No HOA
  • Private Driveway
  • Partially Wooded Lot

About This Home

As of October 2020

Rare turnkey investment property. Has a great rental history, one unit currently not rented, but has always filled quickly, left not rented on purpose for potential for owner occupant. There is really nothing to do here the other two units are occupied by long term tenants. Do the math, the numbers work.

Last Agent to Sell the Property

Timothy Morse

Alliance Realty LLC License #REB.0795721 Listed on: 07/22/2020

Last Buyer's Agent

Tina Luft

Kazantzis Real Estate, LLC License #REB.0794478

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,370

Year Built

  • Built in 1900

Lot Details

  • 0.54 Acre Lot
  • Sloped Lot
  • Partially Wooded Lot

Home Design

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

Interior Spaces

  • 1,488 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • Parking Deck
  • Private Driveway
  • On-Street Parking

Outdoor Features

  • Deck

Utilities

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

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,370

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 1488
  • Public Record Living Room Sq Ft: 1488
  • Total Sq Ft: 1488
  • Year Built: 1900
  • Nearby Amenities: Basketball Court, Health Club, Lake, Library, Medical Facilities, Park, Tennis Courts
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 3218
  • Directions: West Main acroos fron CVS
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full
  • Attic: No
  • Street Number Modifier: 56

Exterior Features

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

Garage/Parking

  • Garage Parking Info: On Street Parking
  • Driveway Type: Private

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.5400
  • Lot Description: Lightly Wooded, Sloping Lot
  • Zoning: LB

Multi Family

  • Gross Annual Income: 32400
  • Unit Count: 3
  • Total Multi Family: 13
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 3370
  • Total Assessed Value: 90580
  • Mil Rate Base: 34.930
  • Mil Rate Tax District: 2.280
  • Mil Rate Total: 37.210
  • Assessor Parcel Number: 1643916

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2020
Closed on
Oct 30, 2020
Sold by
Casagrande Richard
Bought by
Miller Mark W and Miller Heather D
Seller's Agent
Timothy Morse
Alliance Realty LLC
Buyer's Agent
Tina Luft
Kazantzis Real Estate, LLC
List Price
$179,000
Sold Price
$180,000
Premium/Discount to List
$1,000
0.56%
Current Estimated Value
$277,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,024
Avg. Annual Appreciation
8.67%
Original Mortgage
$129,350
Outstanding Balance
$115,627
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$154,270

Purchase Details

Closed on
Nov 7, 2017
Sold by
Casagrande Richard
Bought by
Casagrande Ricky and Casagrande Cindy

Purchase Details

Closed on
Feb 16, 1989
Sold by
Coles Marty L
Bought by
Casagrande Richard

Purchase Details

Closed on
Nov 2, 1987
Sold by
Stawicki Teresa A
Bought by
Coles Marty L
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
Miller Mark W $172,500 None Available
Casagrande Ricky -- --
Casagrande Richard $96,000 --
Coles Marty L $7,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Mark W $129,350
Previous Owner Coles Marty L $1,500,000
Previous Owner Coles Marty L $250,000
Previous Owner Coles Marty L $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $180,000 +0.6% $121 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $179,000 -- $120 / 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 $5,252 $126,140 $21,210 $104,930
2024 $3,602 $87,080 $20,370 $66,710
2023 $3,421 $87,080 $20,370 $66,710
2022 $3,314 $87,080 $20,370 $66,710
2021 $3,240 $87,080 $20,370 $66,710
2020 $3,370 $90,580 $23,870 $66,710
2019 $3,370 $90,580 $23,870 $66,710
2018 $3,310 $90,580 $23,870 $66,710
2017 $3,278 $90,580 $23,870 $66,710
2016 $3,240 $90,580 $23,870 $66,710
2015 $3,300 $92,680 $23,870 $68,810
2014 $3,267 $92,680 $23,870 $68,810
Source: Public Records

Agents Affiliated with this Home

  • Timothy Morse

    Seller's Agent in 2020

    Timothy Morse

    Alliance Realty LLC

    (860) 481-9553

    109 Total Sales

    Timothy Morse
    Section Image
  • Tina Luft

    Buyer's Agent in 2020

    Tina Luft

    Kazantzis Real Estate, LLC

    (860) 917-1073

    131 Total Sales

    Tina Luft
    Section Image
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Map

Source: SmartMLS

MLS Number: 170318979

SmartMLS

APN: STAF-000052-000096

Connecticut Tolland County Stafford Springs 06076

56 W Main St, Stafford Springs, CT

This home is located at 56 W Main St, Stafford Springs, CT 06076 since 22 July 2020 and is currently estimated at $277,024, approximately $186 per square foot. This property was built in 1900. 56 W Main St is a home located in Tolland County with nearby schools including Stafford Elementary School, Stafford Middle School, and Stafford High School.

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