NOT LISTED FOR SALE

7 Canal St Plainville, CT 06062

Estimated Value: $338,000 - $454,950

6 Beds
3 Baths
2,944 Sq Ft
$138/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $300,000 $102 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,755/month

16 Days on Market

Highlights

  • Barn
  • No HOA
  • Porch
  • Attic
  • 3 Car Detached Garage
  • Property is near shops

About This Home

As of November 2020

Don't miss this rare find, investors and/or owner occupied! Three unit home consisting of 7 beds & 3 baths in the heart of Plainville, CT. All units rented to long term, excellent tenants, taking in close to $37, 000 of gross income annually (with two units under marker rent)! All three units have been partially updated. All units include a fridge, stove, dishwasher, microwave, washers/dryer hookups. Mix of carpet, linoleum, and hardwood flooring throughout. There is a large wrap around driveway, and an oversized, detached 3 bay barn style garage. This home is conveniently located and accessible to most major thruways making it extremely convenient for any commuter. An easy walk to nearby restaurants, grocery stores, and retail shopping; just minutes to local schools and daycare center. Enjoy this peaceful neighborhood setting while being just minutes from all you could need!

Last Agent to Sell the Property

Jason Saphire

www.HomeZu.com License #REB.0788861 Listed on: 08/10/2020

Last Buyer's Agent

Jason Saphire

www.HomeZu.com License #REB.0788861 Listed on: 08/10/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,197

Year Built

  • Built in 1860

Lot Details

  • 0.28 Acre Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 2,944 Sq Ft Home
  • Ceiling Fan
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Shared Basement
  • Crawl Space
  • Basement Storage

Parking

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

Outdoor Features

  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Linden Street Elementary School
  • Plainville High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Additional Features

  • Multiple Entries or Exits
  • Barn

Listing and Financial Details

  • Exclusions: Washer/Dryer (tenant owned)

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,197

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: 3sides - Units Are Side-by-Side, 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2944
  • Public Record Living Room Sq Ft: 1039
  • Total Sq Ft: 2944
  • Year Built: 1860
  • Nearby Amenities: Basketball Court, Golf Course, Library, Park, Private Rec Facilities, Private School(s), Public Pool, Shopping/Mall
  • Property Sub Type: 3 Family
  • Exclusions: Washer/Dryer (tenant owned)
  • Handicap Features: Multiple Entries/Exits
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Rt 72 West to Exit 1. Left on Rt 177 South. Left on W Main. Right on Canal St.
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Crawl Space
  • Basement Description: Full With Hatchway, Shared Basement, Unfinished, Storage, Sump Pump
  • Laundry Room Info: Hook-Up In Unit 1, Hook-Up In Unit 2, Washer/Dryer Some Units
  • Attic: Yes
  • Street Number Modifier: 7

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage, Paved, Off Street Parking
  • Garages Number: 3
  • Driveway Type: Asphalt

Utilities

  • Cooling System: Ceiling Fans, Window Unit
  • Heat Type: Baseboard, Radiator
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Linden Street
  • High School: Plainville

Lot Info

  • Acres: 0.2800
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: R

Multi Family

  • Gross Annual Income: 36000
  • Net Operating Income: 21000
  • Unit Count: 3
  • Total Multi Family: 22
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4197
  • Total Assessed Value: 121240
  • Mil Rate Total: 34.620
  • Assessor Parcel Number: 677742

MLS Schools

  • Elementary School: Linden Street
  • High School: Plainville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2021
Sold by
Vagnini Gina
Bought by
Pizzia Enterprises Llc
Current Estimated Value
$406,738

Purchase Details

Listed on
Aug 10, 2020
Closed on
Nov 23, 2020
Sold by
Drj Associates Llc
Bought by
Vagnini Gina
Seller's Agent
Jason Saphire
www.HomeZu.com
Buyer's Agent
Jason Saphire
www.HomeZu.com
List Price
$339,900
Sold Price
$300,000
Premium/Discount to List
-$39,900
-11.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$280,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2018
Sold by
Drj Assoc Llc
Bought by
James Matthew and Vagnini Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jan 7, 2015
Closed on
Aug 19, 2015
Sold by
Jansson Eric M
Bought by
Drj Associates Llc
Seller's Agent
Brenda Drzewiecki
William Raveis Real Estate
Buyer's Agent
Kelly Cyr
Coldwell Banker Premier Real Estate
List Price
$219,900
Sold Price
$195,000
Premium/Discount to List
-$24,900
-11.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.52%

Purchase Details

Closed on
Apr 12, 2013
Sold by
Jansson Eric M
Bought by
Nielson Rodney K and Nielson Barbara S

Purchase Details

Closed on
Jan 16, 2001
Sold by
Obrien Thomas P and Papazian Donna
Bought by
Jansson Eric M
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
Pizzia Enterprises Llc -- None Available
Pizzia Enterprises Llc -- None Available
Vagnini Gina $295,000 None Available
Vagnini Gina $295,000 None Available
James Matthew -- --
James Matthew -- --
Drj Associates Llc $192,000 --
Drj Associates Llc $192,000 --
Nielson Rodney K $3,000 --
Nielson Rodney K $3,000 --
Jansson Eric M $17,500 --
Jansson Eric M $17,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vagnini Gina $280,250
Previous Owner Jansson Eric M $204,000
Previous Owner Jansson Eric M $187,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2020 11/24/20 Sold $300,000 -7.7% $102 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
08/12/2020 08/12/20 Price Changed $324,900 -4.4% $110 / Sq Ft
08/10/2020 08/10/20 For Sale $339,900 +74.3% $115 / Sq Ft
08/19/2015 08/19/15 Sold $195,000 -11.3% $66 / Sq Ft View Prior Sale
07/12/2015 07/12/15 Pending -- -- --
01/07/2015 01/07/15 For Sale $219,900 -- $74 / 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 $7,081 $206,080 $41,860 $164,220
2024 $6,726 $206,080 $41,860 $164,220
2023 $6,475 $206,080 $41,860 $164,220
2022 $6,314 $206,080 $41,860 $164,220
2021 $4,984 $144,200 $41,860 $102,340
2020 $4,992 $144,200 $41,860 $102,340
2019 $4,992 $144,200 $41,860 $102,340
2018 $4,880 $144,200 $41,860 $102,340
2017 $4,712 $144,200 $41,860 $102,340
2016 $4,980 $155,680 $47,390 $108,290
2015 $4,955 $155,680 $47,390 $108,290
2014 $6,049 $192,780 $44,030 $148,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170325095

SmartMLS

APN: PLAI-000028-C000000-000023