NOT LISTED FOR SALE

75 S Lake St Litchfield, CT 06759

Estimated Value: $445,369 - $654,000

4 Beds
2 Baths
1,924 Sq Ft
$276/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $510,000 $265 Per Sq Ft

Current estimated payment $3,255/month

9 Days on Market

Highlights

  • Deck
  • Attic
  • Property is near a golf course
  • Center School Rated A-
  • Baseboard Heating
  • Level Lot

About This Home

As of June 2023

STUNNING 2-family located in the HEART OF LITCHFIELD! This property is within walking distance from White Memorial State Park and Litchfield Green. The center of town offers restaurants, shopping, entertainment and more! 1st floor offers beautiful hardwood flooring upon entering that runs throughout and a light and bright living room. Eat-in kitchen boasts stainless steel appliances, granite countertops, attractive backsplash and slider that leads to back deck. Completing this unit is 2 well appointed bedrooms and a full bathroom. Upper level unit offers mudroom at entry way and hardwood floors throughout. Eat-in kitchen has tile flooring, granite countertops, stainless steel appliances and slider to access p rivate deck. Completing this unit also are 2 well appointed bedrooms and a full bathroom. Back decks both offer beautiful views and privacy for backyard dining and entertaining. The 1st floor unit is currently being used as an Airbnb which produces a robust income that dramatically offsets the mortgage payment. 2nd floor is currently rented with tenant to be out by July 1st. MOVE QUICK!

Last Agent to Sell the Property

David Aurigemma

Regency Real Estate, LLC License #REB.0792224 Listed on: 05/10/2023

Regency Real Estate, LLC

Last Buyer's Agent

Kevin Reinhardt

Marrin Santore Realty LLC License #RES.0814179

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,164

Year Built

  • Built in 1985

Lot Details

  • 0.74 Acre Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 1,924 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Deck
  • Driveway

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Deck
  • Property is near a golf course

Community Details

  • 2 Units
  • Gross Income $51,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,164

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1924
  • Public Record Living Room Sq Ft: 1924
  • Total Sq Ft: 1924
  • Year Built: 1985
  • Nearby Amenities: Golf Course, Library, Park
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3318
  • Directions: West St (Rt 202)
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full
  • Laundry Room Info: All Units Have Hook-Ups, Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 75

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Driveway

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.7400
  • Lot Description: Level Lot
  • Zoning: SF

Multi Family

  • Gross Annual Income: 51600
  • Net Operating Income: 46080
  • Unit Count: 2
  • Total Multi Family: 8
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4164
  • Total Assessed Value: 155360
  • Mil Rate Base: 26.800
  • Mil Rate Total: 26.800
  • Assessor Parcel Number: 819024

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
May 10, 2023
Closed on
Jun 23, 2023
Sold by
Kelleher Kaitlyn
Bought by
Mir Iqra
Seller's Agent
David Aurigemma
Regency Real Estate, LLC
Buyer's Agent
Kevin Reinhardt
Marrin Santore Realty LLC
List Price
$499,000
Sold Price
$510,000
Premium/Discount to List
$11,000
2.2%
Views
37
Current Estimated Value
$508,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,579
Avg. Annual Appreciation
1.96%
Original Mortgage
$484,500
Outstanding Balance
$472,481
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$59,111

Purchase Details

Closed on
Jan 8, 2018
Sold by
Girardin Jason
Bought by
Kelleher Kaitlyn

Purchase Details

Closed on
Jun 28, 2007
Sold by
Disapio Mark and Disapio Candice
Bought by
Girardin Jason and Kelleher Kaitlyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 1999
Sold by
French Walter and French Ruth
Bought by
Disapio Marc and Disapio Candice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
8.25%
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
Mir Iqra $510,000 None Available
Kelleher Kaitlyn -- --
Girardin Jason $300,000 --
Disapio Marc $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mir Iqra $25,000
Open Mir Iqra $484,500
Previous Owner Kelleher Kaitlyn $96,000
Previous Owner French Ii Walter $240,000
Previous Owner French Ii Walter $152,000
Previous Owner French Ii Walter $148,000
Previous Owner French Ii Walter $118,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $510,000 -1.0% $265 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
05/19/2023 05/19/23 Price Changed $515,000 +3.2% $268 / Sq Ft
05/19/2023 05/19/23 For Sale $499,000 0.0% $259 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $499,000 -- $259 / 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 $5,648 $282,420 $97,680 $184,740
2024 $5,225 $282,420 $97,680 $184,740
2023 $4,148 $155,360 $61,460 $93,900
2022 $4,164 $155,360 $61,460 $93,900
2021 $4,288 $155,360 $61,460 $93,900
2020 $4,303 $155,360 $61,460 $93,900
2019 $4,381 $155,360 $61,460 $93,900
2018 $4,957 $178,970 $81,350 $97,620
2017 $4,940 $178,970 $81,350 $97,620
2016 $4,778 $178,970 $81,350 $97,620
2015 -- $178,970 $81,350 $97,620
2014 $4,510 $178,970 $81,350 $97,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170568797

SmartMLS

APN: LITC-000196-000047H-000010