NOT LISTED FOR SALE

75 Calhoun St Torrington, CT 06790

Estimated Value: $425,000 - $472,000

9 Beds
6 Baths
3,744 Sq Ft
$120/Sq Ft Est. Value

Last Sold March 01, 2024

Last sale price $390,000 $104 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,115/month

11 Days on Market

Highlights

  • Property is near public transit
  • Baseboard Heating
  • 5-minute walk to Coe Memorial Park
  • Thermal Windows
  • Private Driveway

About This Home

As of March 2024

Turnkey fully rented 3-family income producing property in the desirable north end of town! This property features three 3 bedroom, 1.5 bath units, all with attractive floor plans and laundry hookups. The entire property was completely remodeled in 2018 including new roof, windows, heating systems, kitchens, bathrooms, flooring, and porches! Property is at a 7.5% CAP rate at current rates, with potential for a 10.2% CAP rate at fair market rents. Conveniently situated just minutes to downtown shopping, restaurants and Rt. 8.

Last Agent to Sell the Property

Mike Gregor

Cohen Agency SiM, LLC License #REB.0791010 Listed on: 01/05/2024

Last Buyer's Agent

Mike Gregor

Cohen Agency SiM, LLC License #REB.0791010 Listed on: 01/05/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,603

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • Private Driveway

Home Design

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

Interior Spaces

  • 3,744 Sq Ft Home
  • Thermal Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 885543

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,603

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3744
  • Total Sq Ft: 3744
  • Year Built: 1900
  • New Construction: No/Resale
  • Nearby Amenities: Commuter Bus, Health Club, Lake, Library, Medical Facilities, Park, Public Pool, Shopping/Mall
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS
  • Financing Used: FHA
  • Living Area Sq Ft Per Public Record: 3744
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 6
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Basement Description: Full, Unfinished
  • Laundry Room Location: Laundry Hookups in Each Unit
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No
  • Street Number Modifier: 75

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Private
  • Garage And Parking: Driveway, Off Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Usage Fee Annual: 1176

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.11
  • Lot Description: Level Lot Lightly Wooded
  • Zoning: R6
  • Parcel #: 885543

Multi Family

  • Total Number Of Units: 3
  • Unit Count: 3

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 5603
  • Total Assessed Value: 116830
  • Mil Rate Total: 47.96

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
Jan 5, 2024
Closed on
Mar 1, 2024
Sold by
Torrington Prop Hldg Llc
Bought by
Minevich Leon
Seller's Agent
Mike Gregor
Cohen Agency SiM, LLC
Buyer's Agent
Mike Gregor
Cohen Agency SiM, LLC
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%
Views
22
Current Estimated Value
$448,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,823
Avg. Annual Appreciation
7.72%
Original Mortgage
$351,037
Outstanding Balance
$345,847
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$92,755

Purchase Details

Listed on
Mar 6, 2018
Closed on
Jun 27, 2018
Sold by
Us Bank Na
Bought by
Torrington Property Hl
Seller's Agent
Michael Garcarz
Silver and Oak Realty
Buyer's Agent
Mike Gregor
Cohen Agency SiM, LLC
List Price
$99,900
Sold Price
$72,000
Premium/Discount to List
-$27,900
-27.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.00%

Purchase Details

Closed on
Aug 7, 2000
Sold by
Lapenna Charles N
Bought by
Borja Jamie P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,910
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1993
Sold by
Fowler Thomas R
Bought by
Lapenna Charles N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage
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
Minevich Leon $390,000 None Available
Torrington Property Hl $72,000 --
Borja Jamie P $119,900 --
Lapenna Charles N $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minevich Leon $351,037
Previous Owner Lapenna Charles N $148,750
Previous Owner Lapenna Charles N $107,910
Previous Owner Lapenna Charles N $79,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Sold $390,000 -2.5% $104 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $399,900 +455.4% $107 / Sq Ft
07/17/2018 07/17/18 Sold $72,000 -15.2% $19 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
04/16/2018 04/16/18 Price Changed $84,900 -15.0% $23 / Sq Ft
03/06/2018 03/06/18 For Sale $99,900 -- $27 / 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 $8,836 $229,810 $29,960 $199,850
2024 $5,604 $116,830 $29,920 $86,910
2023 $5,603 $116,830 $29,920 $86,910
2022 $5,507 $116,830 $29,920 $86,910
2021 $5,394 $116,830 $29,920 $86,910
2020 $5,394 $116,830 $29,920 $86,910
2019 $5,146 $111,450 $33,920 $77,530
2018 $5,146 $111,450 $33,920 $77,530
2017 $5,099 $111,450 $33,920 $77,530
2016 $5,099 $111,450 $33,920 $77,530
2015 $5,099 $111,450 $33,920 $77,530
2014 $5,256 $144,720 $46,180 $98,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170617416

SmartMLS

APN: TORR-000119-000025-000020