NOT LISTED FOR SALE

564 Prospect St Torrington, CT 06790

Estimated Value: $365,000 - $437,000

6 Beds
4.5 Baths
2,808 Sq Ft
$144/Sq Ft Est. Value

Last Sold February 11, 2022

Last sale price $280,000 $100 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,944/month

251 Days on Market

Highlights

  • Barn
  • Finished Attic
  • 1 Fireplace
  • Property is near public transit
  • Attic
  • No HOA

About This Home

As of February 2022

Income producing property suitable for owner occupancy with features that include handicap assessable 1st floor apartment with handicap 1/2 bath, 1 full bathroom, kitchen, ramp, hardwood floors, FP ,3 bedrooms and access to lower level laundry area. the configuration of the first floor can be used in different ways. The second level consists of two bedrooms and two bathrooms, the 3rd level has 1 bedroom and one bathroom. The carriage accommodates 3 cars and has two separate storage spaces in the 2nd level that can be rented or simply used for storage.

Last Agent to Sell the Property

Annesa Borla

Borla & Associates Real Estate License #REB.0757046 Listed on: 06/04/2021

Last Buyer's Agent

Kenneth Ernhout

West View Properties, LLC License #RES.0776419

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,667

Year Built

  • Built in 1890

Lot Details

  • 0.27 Acre Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 2,808 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Finished Attic
  • Storm Doors

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 3 Car Detached Garage
  • Private Driveway
  • Off-Street Parking

Schools

  • Torrington Middle School
  • Torrington High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

  • Accessible Ramps
  • Wrap Around Porch
  • Property is near public transit
  • Barn

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Public Transportation
  • Coin Laundry

Building Details

  • Gross Income $38,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,667

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2808
  • Public Record Living Room Sq Ft: 2808
  • Total Sq Ft: 2808
  • Year Built: 1890
  • Nearby Amenities: Lake, Library, Medical Facilities, Park, Private School(s), Public Pool, Public Transportation
  • Remarks Public Addendum: All apartments are rented on a month-to-month basis, $36,000.00/yr. Garages are rented, 1200/yr and $900/yr
  • Property Sub Type: 3 Family
  • Handicap Features: Ramps
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Tax Year Updated Dt: 07/26/2021
  • Directions: Main St to East Elm, left onto Prospect or Main to Pearl right onto Prospect
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Finished
  • Basement Description: Full
  • Laundry Room Location: Lower level coin operated
  • Laundry Room Info: Coin Op Laundry, Common Laundry Area
  • Attic: Yes
  • Street Number Modifier: 564

Exterior Features

  • Exterior Features: Barn, Porch, Porch-Wrap Around
  • Exterior Siding: Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Barn, Off Street Parking
  • Garages Number: 3
  • Driveway Type: Private

Utilities

  • Heat Type: Steam
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Estimated Annual Heat Cost: 4468
  • Sewer Usage Fee Annual: 822

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Storm Doors

Lot Info

  • Acres: 0.2700
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R6

Multi Family

  • Gross Annual Income: 38100
  • Unit Count: 3
  • Total Multi Family: 12
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 5667
  • Total Assessed Value: 122740
  • Mil Rate Base: 46.170
  • Mil Rate Total: 46.170
  • Assessor Parcel Number: 895949

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
Jun 4, 2021
Closed on
Feb 14, 2022
Sold by
Barber T Chandler
Bought by
Torri Anthony M
Seller's Agent
Annesa Borla
Borla & Associates Real Estate
Buyer's Agent
Kenneth Ernhout
West View Properties, LLC
List Price
$289,900
Sold Price
$280,000
Premium/Discount to List
-$9,900
-3.41%
Current Estimated Value
$403,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,000
Avg. Annual Appreciation
10.52%
Original Mortgage
$296,224
Outstanding Balance
$275,066
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$127,934

Purchase Details

Closed on
Oct 13, 2005
Sold by
Northwest Ctr Family I
Bought by
Ogara Kevin J and Chandler Barber T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.78%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Torri Anthony M $280,000 None Available
Ogara Kevin J $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torri Anthony M $296,224
Previous Owner Ogara Kevin J $208,000
Previous Owner Ogara Kevin J $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2022 02/11/22 Sold $280,000 -3.4% $100 / Sq Ft
02/10/2022 02/10/22 Pending -- -- --
06/04/2021 06/04/21 For Sale $289,900 0.0% $103 / Sq Ft
07/25/2016 07/25/16 Rented $600 0.0% --
07/01/2016 07/01/16 Under Contract -- -- --
04/26/2016 04/26/16 For Rent $600 +4.3% --
01/01/2016 01/01/16 Rented $575 0.0% --
12/18/2015 12/18/15 Under Contract -- -- --
11/28/2015 11/28/15 For Rent $575 0.0% --
09/22/2014 09/22/14 Rented $575 -30.3% --
09/22/2014 09/22/14 Rented $825 -8.3% --
09/11/2014 09/11/14 Under Contract -- -- --
09/11/2014 09/11/14 Under Contract -- -- --
08/08/2014 08/08/14 For Rent $900 +50.0% --
05/28/2014 05/28/14 For Rent $600 -33.3% --
05/25/2013 05/25/13 Rented $900 +5.9% --
05/20/2013 05/20/13 Under Contract -- -- --
04/22/2013 04/22/13 For Rent $850 -- --
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 $9,687 $251,930 $15,260 $236,670
2024 $5,888 $122,740 $15,280 $107,460
2023 $5,887 $122,740 $15,280 $107,460
2022 $5,786 $122,740 $15,280 $107,460
2021 $5,667 $122,740 $15,280 $107,460
2020 $5,667 $122,740 $15,280 $107,460
2019 $4,909 $106,330 $15,280 $91,050
2018 $4,909 $106,330 $15,280 $91,050
2017 $4,865 $106,330 $15,280 $91,050
2016 $4,865 $106,330 $15,280 $91,050
2015 $4,865 $106,330 $15,280 $91,050
2014 $6,579 $181,130 $43,040 $138,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170406791

SmartMLS

APN: TORR-000118-000011-000006