NOT LISTED FOR SALE

Wallingford, CT 06492

Estimated Value: $599,852 - $723,000

6 Beds
4 Baths
4,311 Sq Ft
$150/Sq Ft Est. Value

Last Sold September 26, 2018

Last sale price $350,000 $81 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,447/month

214 Days on Market

Highlights

  • 1.26 Acre Lot
  • No HOA
  • Storm Windows
  • 1 Fireplace
  • 5 Car Detached Garage
  • Patio

About This Home

As of September 2018

Income Producing Property! 2 Houses with 3 Living units & 5 car garages on wonderful Rural East Side 1.26 acre lot! There is a 2,738 sq. ft. 2-family w/3-car detached garage! Each unit in the 2 family is rented out @ $1,300 & each tenant gets 1 garage bay & the owner keeps 3rd bay for storage. The 2-family has a new 1500 gallon septic system (2017) & new roof (2017) & public water & underground electric! 2 Propane boilers, 4 yrs old, & 2 propane HW heaters, 4 yrs old! Separate utilities! There is an owners electric panel for common area lighting. The tenants pay their own propane, electric, cable TV & internet, weekly trash removal and they pay their own water bill (the 2 family house has 2 water meters ). There is also a 1,573 sq. ft. Cape which rents for $2,300 per month but is currently available & the Cape has well & septic, new windows, new roof, oil boiler (2005), 200 amp electric, C/air on 1st floor, HW flrs, FP in living rm & a 2-car detached garage! This is an amazing rental property on gorgeous lot! Live in the Cape & have rental income from the 2-family help pay the mortgage! A must see!!

Last Agent to Sell the Property

Patrick Combs

Dan Combs Real Estate License #REB.0751326 Listed on: 02/15/2018

Last Buyer's Agent

Lucille Trzcinski

Mainline New England Real Esta License #REB.0788923

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,493

Year Built

  • Built in 1969

Lot Details

  • 1.26 Acre Lot
  • Level Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Asbestos Siding

Interior Spaces

  • 4,311 Sq Ft Home
  • 1 Fireplace
  • Concrete Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Windows

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • 5 Car Detached Garage
  • Driveway

Outdoor Features

  • Patio

Schools

  • Moses Y. Beach Elementary School
  • Hammarskjold Middle School
  • Rock Hill Middle School
  • Lyman Hall High School

Utilities

  • Central Air
  • Radiator
  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Underground Utilities
  • Private Company Owned Well
  • Propane Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,493

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 4311
  • Total Sq Ft: 4311
  • Year Built: 1969
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: North Farms Rd. to Grieb Rd., right onto East Main St., left onto Mapleview, houses on right hand side.
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Fireplaces: 1
  • Basement Description: Full With Hatchway, Unfinished, Concrete Floor
  • Laundry Room Location: Hook-up in each unit
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No
  • Street Number Modifier: 53

Exterior Features

  • Exterior Features: Patio, Underground Utilities
  • Exterior Siding: Wood, Asbestos
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 5
  • Driveway Type: Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard, Radiator
  • Heat Fuel Type: Oil, Propane
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic, Propane
  • Water Source: Public Water Connected, Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Moses Y. Beach
  • Middle School: Hammarskjold
  • High School: Lyman Hall
  • Intermediate School: Rock Hill

Green Features

  • Energy Features: Storm Windows

Lot Info

  • Acres: 1.2600
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RU40

Multi Family

  • Unit Count: 3
  • Total Multi Family: 16
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 9493
  • Total Assessed Value: 332500
  • Mil Rate Base: 28.550
  • Mil Rate Total: 28.550
  • Assessor Parcel Number: 2040491

MLS Schools

  • Elementary School: Moses Y. Beach
  • Middle Jr High School: Hammarskjold
  • High School: Lyman Hall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2018
Closed on
Sep 28, 2018
Sold by
Rascati Frank
Bought by
Ftr Properties Llc
Seller's Agent
Patrick Combs
Dan Combs Real Estate
Buyer's Agent
Lucille Trzcinski
Mainline New England Real Esta
List Price
$474,938
Sold Price
$350,000
Premium/Discount to List
-$124,938
-26.31%
Current Estimated Value
$633,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,905
Avg. Annual Appreciation
9.31%
Original Mortgage
$330,000
Outstanding Balance
$288,370
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$356,593

Purchase Details

Closed on
Sep 21, 2015
Sold by
Wallace Carol and Jewczyn Michael
Bought by
Mapleview Properties L
Source: Public Records

Range of Values:

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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
Ftr Properties Llc -- --
Rascati Frank $350,000 --
Mapleview Properties L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mapleview Properties L $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2018 09/26/18 Sold $350,000 -26.3% $81 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
07/25/2018 07/25/18 For Sale $474,938 0.0% $110 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $474,938 -- $110 / 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 $11,351 $470,600 $128,800 $341,800
2024 $9,299 $303,300 $107,300 $196,000
2023 $8,899 $303,300 $107,300 $196,000
2022 $8,808 $303,300 $107,300 $196,000
2021 $8,650 $303,300 $107,300 $196,000
2020 $8,498 $291,130 $103,200 $187,930
2019 $8,498 $291,130 $103,200 $187,930
2018 $8,876 $309,900 $103,200 $206,700
2017 $9,493 $332,500 $125,800 $206,700
2016 $9,273 $332,500 $125,800 $206,700
2015 $8,941 $325,500 $125,800 $199,700
2014 $8,793 $327,000 $125,800 $201,200
Source: Public Records

Agents Affiliated with this Home

  • Patrick Combs

    Seller's Agent in 2018

    Patrick Combs

    Dan Combs Real Estate

    (203) 671-0983

    166 in this area

    218 Total Sales

    Section Image

  • L

    Buyer's Agent in 2018

    Lucille Trzcinski

    Mainline New England Real Esta

    Section Image
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Source: SmartMLS

MLS Number: 170051858

SmartMLS

APN: WALL-000107-000000-000075

Connecticut New Haven County Wallingford

06492

This home since 15 February 2018 and is currently estimated at $644,963, approximately $149 per square foot. This property was built in 1969. This home is a home located in New Haven County with nearby schools including Moses Y Beach Elementary School, Rock Hill Elementary School, and Dag Hammarskjold Middle 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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