NOT LISTED FOR SALE

575 Prospect St Torrington, CT 06790

Estimated Value: $241,000 - $342,095

4 Beds
2.5 Baths
2,234 Sq Ft
$136/Sq Ft Est. Value

Last Sold August 08, 2022

Last sale price $175,000 $78 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,283/month

2 Days on Market

Highlights

  • City View
  • No HOA
  • Public Transportation
  • Property is near public transit
  • 1 Car Detached Garage
  • Hot Water Circulator

About This Home

As of August 2022

Investors take notice! Great two family home located in Torrington! Property located on a quiet street that offers seclusion to owners/tenants. Bring your creativity and ideas as it could use some TLC. Close to all major highways, travel, transportation, hospitals, shopping, restaurants, malls, parks, universities, etc. Schedule a showing today!

Last Agent to Sell the Property

Ian Ross

Mia Realty LLC License #RES.0795757 Listed on: 06/24/2022

Mia Realty LLC

Last Buyer's Agent

Cathy Macias

Northwest CT Realty License #REB.0756098

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,816

Year Built

  • Built in 1910

Lot Details

  • 0.3 Acre Lot

Home Design

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

Interior Spaces

  • 2,234 Sq Ft Home
  • Ceiling Fan
  • City Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,816

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2234
  • Public Record Living Room Sq Ft: 2234
  • Total Sq Ft: 2234
  • Year Built: 1910
  • Nearby Amenities: Medical Facilities, Park, Public Transportation, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Tax Year Updated Dt: 07/13/2022
  • Directions: GPS Friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Description: Full
  • Attic: No
  • Street Number Modifier: 575

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage, Driveway, Off Street Parking
  • Garages Number: 1

Utilities

  • Cooling System: Ceiling Fans, Window Unit
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.3000
  • Lot Description: City Views
  • Zoning: R6

Multi Family

  • Unit Count: 2
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 3816
  • Total Assessed Value: 80950
  • Mil Rate Base: 47.140
  • Mil Rate Total: 47.140
  • Assessor Parcel Number: 888053

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
Jun 24, 2022
Closed on
Aug 8, 2022
Sold by
Dorrance Capital Llc
Bought by
Palaguachi Kelvin J
Seller's Agent
Ian Ross
Mia Realty LLC
Buyer's Agent
Cathy Macias
Northwest CT Realty
List Price
$169,000
Sold Price
$175,000
Premium/Discount to List
$6,000
3.55%
Current Estimated Value
$304,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,274
Avg. Annual Appreciation
19.20%
Original Mortgage
$131,250
Outstanding Balance
$125,669
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$178,605

Purchase Details

Closed on
Jun 7, 2022
Sold by
Meant To Be Llc
Bought by
Dorrance Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2017
Sold by
Aldrich Bruce
Bought by
Meant To Be Llc

Purchase Details

Closed on
Jun 4, 2008
Sold by
Anderson Richard P and Anderson Diane
Bought by
Aldrich Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
6.11%

Purchase Details

Closed on
Oct 1, 1998
Sold by
Lesser Irma E
Bought by
Decker Diane and Anderson Richard P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.89%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Palaguachi Kelvin J $175,000 None Available
Dorrance Capital Llc $130,000 None Available
Meant To Be Llc -- --
Aldrich Bruce $135,000 --
Decker Diane $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palaguachi Kelvin J $131,250
Previous Owner Dorrance Capital Llc $150,000
Previous Owner Decker Diane $121,500
Previous Owner Decker Diane $100,800
Previous Owner Decker Diane $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2022 08/08/22 Sold $175,000 +3.6% $78 / Sq Ft
06/26/2022 06/26/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $169,000 0.0% $76 / Sq Ft
04/29/2016 04/29/16 Rented $800 0.0% --
04/29/2016 04/29/16 Under Contract -- -- --
04/03/2016 04/03/16 For Rent $800 +6.7% --
04/14/2015 04/14/15 Under Contract -- -- --
03/22/2015 03/22/15 For Rent $750 0.0% --
03/22/2015 03/22/15 Rented $750 0.0% --
08/06/2013 08/06/13 Rented $750 0.0% --
08/05/2013 08/05/13 Under Contract -- -- --
07/16/2013 07/16/13 For Rent $750 0.0% --
07/24/2012 07/24/12 Rented $750 0.0% --
07/24/2012 07/24/12 Under Contract -- -- --
07/05/2012 07/05/12 For Rent $750 -- --
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 $8,034 $208,950 $20,370 $188,580
2024 $3,883 $80,950 $20,370 $60,580
2023 $3,882 $80,950 $20,370 $60,580
2022 $3,816 $80,950 $20,370 $60,580
2021 $3,737 $80,950 $20,370 $60,580
2020 $3,737 $80,950 $20,370 $60,580
2019 $3,556 $77,030 $20,380 $56,650
2018 $3,556 $77,030 $20,380 $56,650
2017 $3,524 $77,030 $20,380 $56,650
2016 $3,524 $77,030 $20,380 $56,650
2015 $3,524 $77,030 $20,380 $56,650
2014 $3,772 $103,860 $28,000 $75,860
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170503326

SmartMLS

APN: TORR-000118-000004-000001