NOT LISTED FOR SALE

7 Wallace St Enfield, CT 06082

Estimated Value: $218,000 - $325,000

6 Beds
3 Baths
2,640 Sq Ft
$109/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $175,000 $66 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,967/month

295 Days on Market

About This Home

As of February 2023

Great duplex needing cosmetic work done. Rental comps run $1500 per unit. Great cash flow option. Sold as-is with all contents. Property under 24hr surveillance.

Short sale. $175k is banks final offer price after appraisal was done. NO OFFERS FOR LESS will be reviewed.

Last Agent to Sell the Property

Justin Frytz

mygoodagent License #REB.0792675 Listed on: 04/18/2022

Last Buyer's Agent

Simisola Aromolaran

Fathom Realty CT LLC License #RES.0825395

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,839

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • Side-by-Side
  • Brick Foundation
  • Frame Construction
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 2,640 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic

Parking

  • Paved Parking
  • On-Street Parking

Utilities

  • Heating System Uses Oil
  • Radiant Heating System
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,839

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Thompsonville
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2640
  • Public Record Living Room Sq Ft: 2640
  • Total Sq Ft: 2640
  • Year Built: 1900
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5476
  • Tax Year Updated Dt: 07/13/2022
  • Directions: use google maps
  • Special Features: None

Interior Features

  • Basement Description: Full
  • Attic: Yes
  • Street Number Modifier: 7

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Brick
  • Roof Information: Fiberglass Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, On Street Parking

Utilities

  • Heat Type: Radiant
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 40 Gallon Tank
  • 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: 0.1000
  • Lot Description: N/A
  • Zoning: TV

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4839
  • Total Assessed Value: 143900
  • Mil Rate Base: 27.890
  • Mil Rate Tax District: 5.740
  • Mil Rate Total: 33.630
  • Assessor Parcel Number: 530171

Multi Family

  • Total Num Of Units: 2

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
Apr 18, 2022
Closed on
Feb 28, 2023
Sold by
Thomas Maxine L and Lee Fredy C
Bought by
Arimoro Gabriel
Seller's Agent
Justin Frytz
mygoodagent
Buyer's Agent
Simisola Aromolaran
Fathom Realty CT LLC
List Price
$175,000
Sold Price
$175,000
Views
176
Current Estimated Value
$286,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,772
Avg. Annual Appreciation
20.91%
Original Mortgage
$141,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2002
Sold by
Department Of Housing & Urban Dev
Bought by
Thomas Maxine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,609
Interest Rate
7.15%

Purchase Details

Closed on
Apr 1, 1993
Sold by
Zaloga Stephen and Zaloga Dorothy
Bought by
Obrien James and Obrien Cherul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,700
Interest Rate
2%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Arimoro Gabriel $175,000 None Available
Thomas Maxine $90,000 --
Obrien James $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arimoro Gabriel $141,000
Previous Owner Obrien James $188,000
Previous Owner Obrien James $150,000
Previous Owner Obrien James $88,609
Previous Owner Obrien James $108,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $175,000 0.0% $66 / Sq Ft
12/19/2022 12/19/22 For Sale $175,000 0.0% $66 / Sq Ft
12/12/2022 12/12/22 Off Market $175,000 -- --
12/12/2022 12/12/22 For Sale $175,000 0.0% $66 / Sq Ft
12/08/2022 12/08/22 Off Market $175,000 -- --
04/18/2022 04/18/22 For Sale $175,000 -- $66 / 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 $5,367 $143,900 $33,300 $110,600
2024 $5,224 $143,900 $33,300 $110,600
2023 $5,224 $143,900 $33,300 $110,600
2022 $4,839 $143,900 $33,300 $110,600
2021 $4,581 $111,480 $27,520 $83,960
2020 $4,536 $111,480 $27,520 $83,960
2019 $4,573 $111,480 $27,520 $83,960
2018 $4,474 $111,480 $27,520 $83,960
2017 $4,434 $111,480 $27,520 $83,960
2016 $4,583 $116,910 $27,520 $89,390
2015 $4,469 $116,910 $27,520 $89,390
2014 $4,253 $116,910 $27,520 $89,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170483521

SmartMLS

APN: ENFI-000024-000000-000071