NOT LISTED FOR SALE

65 Chestnut St Willimantic, CT 06226

Estimated Value: $324,000 - $344,000

5 Beds
3 Baths
2,348 Sq Ft
$142/Sq Ft Est. Value

Last Sold December 13, 2018

Last sale price $154,000 $66 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,329/month

125 Days on Market

Highlights

  • The property is located in a historic district
  • Attic
  • No HOA
  • Deck
  • 1 Fireplace
  • 1 Car Detached Garage

About This Home

As of December 2018

Investors take notice! Strong income producing 2 family located in the Hills section of Willimantic within walking distance to ECSU. Main house features 4 beds and 2 full baths, washer/dryer in basement. Currently rented until 6/1/19 for $2000/month.
Second floor 1br unit features a large bedroom with balcony, kitchen/living room combo, and 1 full bath. Unit is currently rented until 6/1/19 for $800/month.
Owner pays Heat for both units, tenants pay Electric. Motivated Seller!

Last Agent to Sell the Property

Frank Villazante

Meehan & Daughters Real Estate License #RES.0794824 Listed on: 07/27/2018

Last Buyer's Agent

Joshua Koladis

Joshua S Koladis License #REB.0789452

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,306

Year Built

  • Built in 1880

Lot Details

  • 9,583

Home Design

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

Interior Spaces

  • 2,348 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • Deck
  • Porch

Schools

  • Windham High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Fuel Tank Located in Basement

Additional Features

  • 9,583 Sq Ft Lot
  • The property is located in a historic district

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,306

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Neighborhood: Willimantic
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2348
  • Public Record Living Room Sq Ft: 2348
  • Total Sq Ft: 2348
  • Year Built: 1880
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 3984
  • Directions: Main St to High St to Prospect to Chestnut
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 65

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1
  • Driveway Type: Paved

Utilities

  • Heat Type: Steam
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.2200
  • Lot Description: Historic District
  • Zoning: NPR2

Multi Family

  • Gross Annual Income: 33600
  • Net Operating Income: 25605
  • Unit Count: 2
  • Total Multi Family: 12
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 4306
  • Total Assessed Value: 90440
  • Mil Rate Base: 36.650
  • Mil Rate Tax District: 10.960
  • Mil Rate Total: 47.610
  • Assessor Parcel Number: 1732253

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2018
Closed on
Dec 13, 2018
Sold by
Ratcliff Kathryn S
Bought by
Scibek Daniel D and Scibek Ann M
Seller's Agent
Frank Villazante
Meehan & Daughters Real Estate
Buyer's Agent
Joshua Koladis
Joshua S Koladis
List Price
$169,900
Sold Price
$154,000
Premium/Discount to List
-$15,900
-9.36%
Current Estimated Value
$333,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,334
Avg. Annual Appreciation
12.54%
Original Mortgage
$115,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 14, 2013
Closed on
Jul 24, 2013
Sold by
Brown Elizabeth C
Bought by
Ratcliff Richard E and Ratcliff Kathryn S
Seller's Agent
David Martin
Martin-Mitchell, LLC
Buyer's Agent
Heather Meehan
Meehan & Daughters Real Estate
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.12%
Original Mortgage
$88,500
Interest Rate
3.97%
Mortgage Type
New Conventional
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
Scibek Daniel D $154,000 --
Ratcliff Richard E $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scibek Daniel D $110,000
Closed Scibek Daniel D $115,500
Previous Owner Brown Donald $88,500
Previous Owner Brown Donald $200,000
Previous Owner Brown Donald $46,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2018 12/13/18 Sold $154,000 -9.4% $66 / Sq Ft
11/29/2018 11/29/18 Pending -- -- --
10/17/2018 10/17/18 For Sale $169,900 0.0% $72 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $169,900 +9.6% $72 / Sq Ft
07/22/2013 07/22/13 Sold $155,000 -3.1% $66 / Sq Ft
05/24/2013 05/24/13 Pending -- -- --
04/14/2013 04/14/13 For Sale $159,900 -- $68 / 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 $6,196 $167,380 $31,070 $136,310
2024 $6,203 $167,380 $31,070 $136,310
2023 $3,968 $83,720 $27,010 $56,710
2022 $3,910 $83,720 $27,010 $56,710
2021 $4,194 $83,720 $27,010 $56,710
2020 $4,184 $83,720 $27,010 $56,710
2019 $4,117 $83,720 $27,010 $56,710
2017 $4,306 $90,440 $21,500 $68,940
2015 $3,107 $90,440 $21,500 $68,940
2014 $3,928 $90,440 $21,500 $68,940
Source: Public Records

Agents Affiliated with this Home

  • Frank Villazante

    Seller's Agent in 2018

    Frank Villazante

    Meehan & Daughters Real Estate

    (860) 303-9433

    26 in this area

    51 Total Sales

    Frank Villazante
    Section Image

  • J

    Buyer's Agent in 2018

    Joshua Koladis

    Joshua S Koladis

    (860) 306-5455

    1 in this area

    3 Total Sales

    Joshua Koladis
    Section Image

  • D

    Seller's Agent in 2013

    David Martin

    Martin-Mitchell, LLC

    Section Image
  • Heather Meehan

    Buyer's Agent in 2013

    Heather Meehan

    Meehan & Daughters Real Estate

    (860) 208-5429

    36 in this area

    76 Total Sales

    Heather Meehan
    Section Image
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Map

Source: SmartMLS

MLS Number: 170110109

SmartMLS

APN: WIND-001303-000049-000017

Connecticut Windham County Willimantic 06226

65 Chestnut St, Willimantic, CT

This home is located at 65 Chestnut St, Willimantic, CT 06226 since 27 July 2018 and is currently estimated at $333,334, approximately $141 per square foot. This property was built in 1880. 65 Chestnut St is a home located in Windham County with nearby schools including Windham Middle School, Windham High School, and St Mary St Joseph 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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