NOT LISTED FOR SALE

89 Windham Rd Willimantic, CT 06226

Estimated Value: $315,359

4 Beds
7 Baths
3,982 Sq Ft
$79/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $190,000 $48 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,363/month

271 Days on Market

Highlights

  • Water Views
  • No HOA
  • Garden
  • Property is near public transit
  • Porch
  • Baseboard Heating

About This Home

As of May 2017

Great Investment opportunity! Large Victorian with 7 units. Lots of off street parking! Monthly rental income of $4500. Nice wrap around porch to sit and enjoy. 4 NEW Natural Gas Boilers! Some New Windows, New Electrical and new fire escapes. Home offer two 2 bedrooms and two 1 bedrooms and 3 efficiency apartments. All units are in good condition. Walk to down town to enjoy all the local restaurants and local shops. Enjoy the historic buildings and museums, Walk to the new rails for trails that is just beautiful and enjoy the many parks around town. Close to Eastern State University and just a short drive to University of Connecticut. Walk to the beautiful butterfly garden and enjoy the sounds of the Willimantic River.

Last Agent to Sell the Property

Jeanne Crum

Home Selling Team License #RES.0754921 Listed on: 05/26/2016

Last Buyer's Agent

David Senna

Senna Realty Group, LLC License #REB.0788851

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,321

Year Built

  • Built in 1900

Lot Details

  • 0.38 Acre Lot
  • Open Lot
  • Garden

Home Design

  • Wood Siding

Interior Spaces

  • 7 Full Bathrooms
  • 3,982 Sq Ft Home
  • 3-Story Property
  • Water Views
  • Unfinished Basement
  • Basement Storage

Parking

  • 15 Parking Spaces
  • Gravel Driveway
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Schools

  • Pboe Elementary And Middle School
  • Windham Middle School
  • Windham High School

Utilities

  • Radiator
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 7 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,321

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Willimantic
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Total Sq Ft: 3982
  • Year Built: 1900
  • Nearby Amenities: Commuter Bus, Private School(s), Public Rec Facilities, Shopping/Mall, Public Trash Pickup, Walk to Bus Lines
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: F=Go over the Frog Bridge take a left onto Pleasant Street that turns into Windham Road home is on right
  • Special Features: None
  • Stories: 3

Interior Features

  • Total Bathrooms: 7.00
  • Full Bathrooms: 7
  • Basement Description: Storage, Unfinished
  • Interior Amenities: Cable - Available
  • Laundry Room Location: Lower Level
  • Attic: No
  • Stories Number Of: 3
  • Street Number Modifier: 89

Exterior Features

  • Exterior Features: Garden Area, Porch, Sidewalk
  • Exterior Siding: Wood
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Off Street Parking, Parking Lot
  • Driveway Type: Gravel
  • Total Parking Spaces: 15

Utilities

  • Heat Type: Baseboard, Radiator
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: Electric, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: PBOE
  • Middle School: PBOE
  • High School: Windham
  • Intermediate School: Windham

Lot Info

  • Acres: 0.3800
  • Lot Description: Open Lot, Water View

Rental Info

  • Landlord Responsibility: Insurance, Maintenance/Repairs, Parking, Real Estate Taxes
  • Lease Purchase: No

Multi Family

  • Unit Count: 7
  • Total Num Of Units: 7

Tax Info

  • Property Tax: 5321
  • Total Assessed Value: 154910
  • Mil Rate Total: 34.350
  • Assessor Parcel Number: 1734066

MLS Schools

  • Elementary School: PBOE
  • Middle Jr High School: PBOE
  • High School: Windham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2016
Closed on
May 9, 2017
Sold by
N & N Development Llc
Bought by
Ct Commercial Capital
Seller's Agent
Jeanne Crum
Home Selling Team
Buyer's Agent
David Senna
Senna Realty Group, LLC
List Price
$215,000
Sold Price
$190,000
Premium/Discount to List
-$25,000
-11.63%
Total Days on Market
271
Current Estimated Value
$315,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,359
Avg. Annual Appreciation
6.44%
Original Mortgage
$142,500
Outstanding Balance
$99,869
Interest Rate
4.23%
Mortgage Type
Commercial
Estimated Equity
$215,490

Purchase Details

Closed on
May 27, 2004
Sold by
Papillo Valerie J
Bought by
Naragon Stacy L and Naragon William G

Purchase Details

Closed on
Jun 30, 1999
Sold by
Ives Lewis and Ives Elaine
Bought by
Papillo Valerie and Papillo Anthony
Source: Public Records

Range of Values:

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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
Ct Commercial Capital $190,000 --
Ct Commercial Capital $190,000 --
Naragon Stacy L $175,000 --
Naragon Stacy L $175,000 --
Papillo Valerie $115,000 --
Papillo Valerie $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ives Lewis $142,500
Closed Ives Lewis $142,500
Previous Owner Ives Lewis $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2017 05/05/17 Sold $190,000 -11.6% $48 / Sq Ft
02/21/2017 02/21/17 For Sale $215,000 0.0% $54 / Sq Ft
02/21/2017 02/21/17 Pending -- -- --
09/30/2016 09/30/16 Price Changed $215,000 -4.4% $54 / Sq Ft
05/26/2016 05/26/16 For Sale $225,000 -- $57 / 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 $7,228 $195,040 $26,620 $168,420
2023 $7,079 $149,350 $23,150 $126,200
2022 $6,975 $149,350 $23,150 $126,200
2021 $7,481 $149,350 $23,150 $126,200
2020 $7,465 $149,350 $23,150 $126,200
2019 $7,344 $149,350 $23,150 $126,200
2017 $7,375 $154,910 $19,630 $135,280
2015 $5,321 $154,910 $19,630 $135,280
2014 $6,728 $154,910 $19,630 $135,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: G10138840

SmartMLS

APN: WIND-001405-000166-000004