$349,000
SOLD MAY 28, 2024

85-87 Community Ave Plainfield, CT 06374

6 Beds
2 Baths
2,673 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$131 Per Sq Ft

6% Above List Price

50 Days on Market

Highlights

  • Corner Lot
  • Property is near shops
  • Ceiling Fan

About This Home

As of May 2024

Discover this charming two-family home located in the serene town of Plainfield, CT. This property features a side-by-side layout, offering separate living spaces for each unit. Perfect for owner occupancy or investment, buyers can live in one unit while renting out the other for additional income. Each unit includes spacious living areas with updated interiors, providing modern comfort and convenience. Enjoy the convenience of off-street parking and access to shopping, gyms, and daycare nearby. This versatile property presents a great opportunity for both homebuyers seeking dual occupancy and investors looking to capitalize on rental income. Don't miss out on this fantastic opportunity in the heart of Plainfield!

Last Agent to Sell the Property

Nicholas Tomanelli

Coldwell Banker Realty License #RES.0816258 Listed on: 04/08/2024

Coldwell Banker Realty

Last Buyer's Agent

Joe Barbera

YHSGR The Nathan Clark Team License #RES.0819486

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,693

Year Built

  • Built in 1916

Lot Details

  • 9,583 Sq Ft Lot
  • Corner Lot

Home Design

  • Side-by-Side
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Asbestos Siding

Interior Spaces

  • 2,673 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near shops

Utilities

  • Heating System Uses Oil
  • Propane Water Heater
  • Fuel Tank Located in Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1701954

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,693

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Neighborhood: Plainfield Village
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2673
  • Total Sq Ft: 2673
  • Year Built: 1916
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Library, Medical Facilities, Park, Playground/Tot Lot, Shopping/Mall
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Directions: GPS
  • Financing Used: Withheld
  • Living Area Sq Ft Per Public Record: 2673
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement Description: Full, Unfinished
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No
  • Street Number Modifier: 85-87

Exterior Features

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

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Hot Air
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Propane, 40 Gallon Tank
  • 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: 0.22
  • Lot Description: Corner Lot
  • Flood Zone: No
  • Zoning: RA30
  • Parcel #: 1701954

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 2693
  • Total Assessed Value: 121180
  • Mil Rate Total: 20.79

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 8, 2024
Closed on
May 23, 2024
Sold by
Bain Jonathan
Bought by
Newcomb Nathaniel
Seller's Agent
Nicholas Tomanelli
Coldwell Banker Realty
Buyer's Agent
Joe Barbera
YHSGR The Nathan Clark Team
List Price
$330,000
Sold Price
$349,000
Premium/Discount to List
$19,000
5.76%
Views
138
Current Estimated Value
$316,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,643
Avg. Annual Appreciation
-13.29%
Original Mortgage
$342,678
Outstanding Balance
$338,968
Interest Rate
7.1%
Mortgage Type
FHA
Estimated Equity
-$42,336

Purchase Details

Listed on
Feb 7, 2019
Closed on
Mar 22, 2019
Sold by
David Ellis Properties
Bought by
Bain Jonathan
Seller's Agent
Erin Pepas
RE/MAX on the Bay
Buyer's Agent
Melissa Weiker
Johnston & Associates Real Estate, LLC
List Price
$154,900
Sold Price
$155,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.93%
Original Mortgage
$152,192
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 8, 2012
Sold by
Sage Brian E and Sage Cherie A
Bought by
David Ellis Props Llc

Purchase Details

Closed on
Nov 2, 2011
Sold by
Rizer Gloria M
Bought by
Sage Brian E and Sage Cherie A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $155,000 --
Warranty Deed $155,000 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $75,000 --
Warranty Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $342,678 FHA
Previous Owner $230,030 FHA
Previous Owner $153,203 FHA
Previous Owner $152,192 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Sold $349,000 +5.8% $131 / Sq Ft
04/08/2024 04/08/24 For Sale $330,000 +112.9% $123 / Sq Ft
03/22/2019 03/22/19 Sold $155,000 +0.1% $59 / Sq Ft
03/19/2019 03/19/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $154,900 -- $59 / 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
2024 $2,706 $121,180 $25,020 $96,160
2023 $2,693 $121,180 $25,020 $96,160
2022 $3,546 $63,080 $22,720 $40,360
2021 $1,901 $63,080 $22,720 $40,360
2020 $1,894 $63,080 $22,720 $40,360
2019 $1,894 $63,080 $22,720 $40,360
2018 $1,871 $63,080 $22,720 $40,360
2017 $1,846 $58,370 $20,040 $38,330
2016 $1,780 $58,370 $20,040 $38,330
2015 $1,740 $58,370 $20,040 $38,330
2014 $1,740 $58,370 $20,040 $38,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24008878

SmartMLS

APN: PLAI-000002P-000032-000083