NOT LISTED FOR SALE

95 Spring St Willimantic, CT 06226

Estimated Value: $398,792

7 Beds
5 Baths
3,593 Sq Ft
$111/Sq Ft Est. Value

Last Sold August 22, 2024

Last sale price $399,000 $111 Per Sq Ft

Current estimated payment $2,783/month

11 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Tankless Water Heater
  • Attic
  • Porch
  • Public Transportation

About This Home

As of August 2024

Investment property for sale. Five units, fully rented, with tenants paying their own gas and electric utilities. The roof is brand new and the gas boilers are wall mounted including tankless water heaters. House is turn key and ready for a new owner. There is a large two car garage/storage area and a covered back fire escape.

Last Agent to Sell the Property

Heather Meehan

Meehan & Daughters Real Estate License #REB.0755564 Listed on: 04/26/2024

Co-Listed By

Frank Villazante

Meehan & Daughters Real Estate License #RES.0794824

Last Buyer's Agent

Anthony Florenzano

Signature Properties of NewEng License #REB.0792314

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,655

Year Built

  • Built in 1910

Lot Details

  • 6,970 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 3,593 Sq Ft Home
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • Rain Gutters
  • Porch

Location

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

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Gas Available at Street
  • Tankless Water Heater
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Community Details

  • 5 Units
  • Public Transportation
  • Gross Income $55,140

Listing and Financial Details

  • Assessor Parcel Number 1732287

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,655

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Neighborhood: Willimantic
  • Property Type: Multi-Family For Sale
  • Style: Other
  • Sq Ft Est Heated Above Grade: 3593
  • Total Sq Ft: 3593
  • Year Built: 1910
  • New Construction: No/Resale
  • Nearby Amenities: Library, Park, Playground/Tot Lot, Public Pool, Public Transportation, Walk to Bus Lines
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Directions: Downtown of Willimantic, Rt 66 Main Street then turn right into Walnut Street. House on corner of Walnut & Spring Street.
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 3593
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Attic Description: Crawl Space, Access Via Hatch
  • Basement Description: Full, Unfinished, Full With Hatchway
  • Laundry Room Location: Hook ups in basement
  • Laundry Room Info: None
  • Attic: Yes
  • Street Number Modifier: 95

Exterior Features

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

Garage/Parking

  • Garages Number: 2
  • Total Parking Spaces: 4
  • Garage And Parking: Attached Garage, Off Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Gas In Street
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas, Tankless Hotwater
  • 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: 0.16
  • Lot Description: Corner Lot
  • Zoning: NPR2
  • Parcel #: 1732287

Multi Family

  • Gross Annual Income: 55140
  • Total Number Of Units: 5

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 6655
  • Total Assessed Value: 179570
  • Mil Rate Total: 37.06

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 26, 2024
Closed on
Aug 20, 2024
Sold by
Maplespring Llc
Bought by
Mentor James
Seller's Agent
Heather Meehan
Meehan & Daughters Real Estate
Buyer's Agent
Anthony Florenzano
Signature Properties of NewEng
List Price
$399,000
Sold Price
$399,000
Views
48
Current Estimated Value
$398,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$208
Avg. Annual Appreciation
-0.79%
Original Mortgage
$279,300
Outstanding Balance
$277,345
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$119,058

Purchase Details

Closed on
Feb 24, 2022
Sold by
Alpha Holdings Llc
Bought by
Maplespring Llc

Purchase Details

Closed on
Feb 23, 2022
Sold by
Ponder Melissa and Ponder Jessica
Bought by
Alpha Holdings Llc

Purchase Details

Closed on
Nov 28, 2017
Sold by
Soifer Craig S and Soifer Investments Llc
Bought by
Bayview Loan Servicing

Purchase Details

Closed on
Jul 19, 2007
Sold by
Gosselin Richard P
Bought by
Soifer Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,400
Interest Rate
6.54%
Mortgage Type
Commercial

Purchase Details

Closed on
May 24, 2001
Sold by
Thompson Diane
Bought by
Gosselin Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,075
Interest Rate
7%
Mortgage Type
Commercial
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
Mentor James $399,000 None Available
Mentor James $399,000 None Available
Maplespring Llc $800,000 None Available
Maplespring Llc $800,000 None Available
Alpha Holdings Llc $700,000 None Available
Alpha Holdings Llc $700,000 None Available
Bayview Loan Servicing -- --
Bayview Loan Servicing -- --
Soifer Investments Llc $231,750 --
Soifer Investments Llc $231,750 --
Gosselin Richard $80,000 --
Gosselin Richard $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mentor James $279,300
Closed Mentor James $279,300
Previous Owner Maplespring Llc $560,000
Previous Owner Gosselin Richard $185,400
Previous Owner Gosselin Richard $62,075
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2024 08/22/24 Sold $399,000 0.0% $111 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $399,000 -- $111 / 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 $6,655 $179,570 $23,000 $156,570
2023 $6,735 $142,090 $20,010 $122,080
2022 $6,636 $142,090 $20,010 $122,080
2021 $7,117 $142,090 $20,010 $122,080
2020 $7,102 $142,090 $20,010 $122,080
2019 $6,987 $142,090 $20,010 $122,080
2017 $6,515 $136,850 $19,040 $117,810
2015 $4,701 $136,850 $19,040 $117,810
2014 $5,943 $136,850 $19,040 $117,810
Source: Public Records

Agents Affiliated with this Home

  • Heather Meehan

    Seller's Agent in 2024

    Heather Meehan

    Meehan & Daughters Real Estate

    (860) 208-5429

    37 in this area

    78 Total Sales

    Heather Meehan
    Section Image
  • Frank Villazante

    Seller Co-Listing Agent in 2024

    Frank Villazante

    Meehan & Daughters Real Estate

    (860) 303-9433

    26 in this area

    51 Total Sales

    Frank Villazante
    Section Image
  • Anthony Florenzano

    Buyer's Agent in 2024

    Anthony Florenzano

    Signature Properties of NewEng

    (860) 315-2676

    2 in this area

    37 Total Sales

    Anthony Florenzano
    Section Image
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Map

Source: SmartMLS

MLS Number: 24012771

SmartMLS

APN: WIND-001303-000051-000015

Connecticut Windham County Willimantic 06226

95 Spring St, Willimantic, CT

This home is located at 95 Spring St, Willimantic, CT 06226 since 26 April 2024 and is currently estimated at $398,792, approximately $110 per square foot. This property was built in 1910. 95 Spring St is a home located in Windham County with nearby schools including Windham Middle School, Windham High School, and St Mary St Joseph School.

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.

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