NOT LISTED FOR SALE

78 Chestnut Ave Torrington, CT 06790

Estimated Value: $201,000 - $307,000

4 Beds
2 Baths
2,194 Sq Ft
$121/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $220,000 $100 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,079/month

50 Days on Market

Highlights

  • Attic
  • 2 Car Detached Garage
  • Hot Water Circulator
  • No HOA
  • Porch
  • Hot Water Heating System

About This Home

As of June 2023

Investors & Owner Occupants Take Notice! This property is currently family occupied and one unit will be vacant at closing. Perfect opportunity to live in one unit and rent the other or collect rents from both units and turn this into a solid investment! Both units are 2BR/1BA with washer/dryer hookups in unit. 2nd floor has a full walk up attic for storage or possible expansion. Off street parking and easy access to 2 car garage from back porch. Gas and city water/sewer. Schedule a showing today!

Last Agent to Sell the Property

Ian Ross

Real Broker CT, LLC License #RES.0814235 Listed on: 03/22/2023

Real Broker CT, LLC

Last Buyer's Agent

Christine Hunter

Hunter Real Estate, LLC License #REB.0788751

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,107

Year Built

  • Built in 1930

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 2,194 Sq Ft Home
  • Walkup Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Rain Gutters
  • Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,107

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 2194
  • Public Record Living Room Sq Ft: 2194
  • Total Sq Ft: 2194
  • Year Built: 1930
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up
  • Basement Description: Full With Walk-Out, Unfinished
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes
  • Street Number Modifier: 78

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Paved
  • Total Parking Spaces: 4

Utilities

  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas
  • 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: Per Board of Ed

Lot Info

  • Acres: 0.1300
  • Lot Description: Level Lot
  • Zoning: R6

Multi Family

  • Unit Count: 2
  • Total Multi Family: 10
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4107
  • Total Assessed Value: 87130
  • Mil Rate Base: 47.140
  • Mil Rate Total: 47.140
  • Assessor Parcel Number: 884531

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
Mar 22, 2023
Closed on
Jun 16, 2023
Sold by
Quaker Capital Llc
Bought by
Thomas Stephen S
Seller's Agent
Ian Ross
Real Broker CT, LLC
Buyer's Agent
Christine Hunter
Hunter Real Estate, LLC
List Price
$259,000
Sold Price
$220,000
Premium/Discount to List
-$39,000
-15.06%
Views
200
Current Estimated Value
$266,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,511
Avg. Annual Appreciation
8.26%
Original Mortgage
$168,000
Outstanding Balance
$163,863
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$98,955

Purchase Details

Listed on
Mar 22, 2023
Closed on
Jun 15, 2023
Sold by
Kovall Maghan R and Kovall Jon M
Bought by
Quaker Capital Llc
Seller's Agent
Ian Ross
Real Broker CT, LLC
Buyer's Agent
Christine Hunter
Hunter Real Estate, LLC
List Price
$259,000
Sold Price
$220,000
Premium/Discount to List
-$39,000
-15.06%
Views
200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Outstanding Balance
$163,863
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$98,955

Purchase Details

Closed on
Oct 11, 2002
Sold by
Margaret Defrancisco and Buffa Linda M
Bought by
Kovall Jon M and Kovall Maghan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,700
Interest Rate
6.24%
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
Thomas Stephen S $210,000 None Available
Quaker Capital Llc $150,000 None Available
Kovall Jon M $124,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Stephen S $168,000
Closed Quaker Capital Llc $153,955
Previous Owner Kovall Jon M $152,732
Previous Owner Kovall Jon M $151,900
Previous Owner Kovall Jon M $146,400
Previous Owner Kovall Jon M $123,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $220,000 -15.1% $100 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
04/26/2023 04/26/23 For Sale $259,000 +17.7% $118 / Sq Ft
04/21/2023 04/21/23 Off Market $220,000 -- --
03/22/2023 03/22/23 For Sale $259,000 -- $118 / 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 $7,657 $199,150 $26,880 $172,270
2024 $4,180 $87,130 $23,520 $63,610
2023 $4,179 $87,130 $23,520 $63,610
2022 $4,107 $87,130 $23,520 $63,610
2021 $4,023 $87,130 $23,520 $63,610
2020 $4,023 $87,130 $23,520 $63,610
2019 $4,688 $101,530 $43,680 $57,850
2018 $4,688 $101,530 $43,680 $57,850
2017 $4,645 $101,530 $43,680 $57,850
2016 $4,645 $101,530 $43,680 $57,850
2015 $4,645 $101,530 $43,680 $57,850
2014 $4,460 $122,810 $49,920 $72,890
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2023

    Ian Ross

    Real Broker CT, LLC

    (203) 216-8853

    5 in this area

    120 Total Sales

    Ian Ross
    Section Image
  • Christine Hunter

    Buyer's Agent in 2023

    Christine Hunter

    Hunter Real Estate, LLC

    (860) 480-5591

    116 in this area

    191 Total Sales

    Christine Hunter
    Section Image
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Map

Source: SmartMLS

MLS Number: 170557588

SmartMLS

APN: TORR-000110-000007-000003

Connecticut Litchfield County Torrington 06790

78 Chestnut Ave, Torrington, CT

This home is located at 78 Chestnut Ave, Torrington, CT 06790 since 22 March 2023 and is currently estimated at $266,511, approximately $121 per square foot. This property was built in 1930. 78 Chestnut Ave is a home located in Litchfield County with nearby schools including Torrington Middle School, Torrington High School, and Brooker Memorial CC & Learning Center.

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.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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