$113,000
SOLD AUG 29, 2017

162 Central Ave Torrington, CT 06790

-- Bed
2 Baths
2,100 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$54 Per Sq Ft

6% Below List Price

74 Days on Market

About This Home

As of August 2017

This is a great opportunity to own this charming 2 family home. Each unit has hardwood floors, 2 beds, a big living room and a pantry off the kitchen. It has a large walk up attic and a basement for extra storage. It is very well maintained and has been cared for. Private entrances for both units is a plus. Washer/Dryer hook up is conveniently located in the basement. It having a 2 car garage is a bonus with its off street parking. Come see this wonderful investment property today.

Last Agent to Sell the Property

Kristi Houle Nadeau

Bottom Line Realty License #RES.0761896 Listed on: 06/01/2017

Last Buyer's Agent

Mike Gregor

Cohen Agency SiM, LLC License #REB.0791010

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,962

Year Built

  • Built in 1910

Home Design

  • Aluminum Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,100 Sq Ft Home
  • 2-Story Property

Parking

  • 2 Car Garage
  • Driveway
  • Off-Street Parking

Schools

  • Forbes Elementary School
  • Torrington Middle School
  • Torrington High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Heating System Uses Oil Above Ground

Additional Features

  • Exterior Lighting
  • 6,970 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,962

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Public Record Living Room Sq Ft: 2100
  • Total Sq Ft: 2100
  • Year Built: 1910
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4722
  • Directions: Washington to Central
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Stories Number Of: 2
  • Street Number Modifier: 162

Exterior Features

  • Exterior Features: Lighting, Sidewalk
  • Exterior Siding: Aluminum
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Off Street Parking, Paved
  • Garages Number: 2
  • Driveway Type: Asphalt
  • Total Parking Spaces: 5

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Natural Gas
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Forbes
  • High School: Torrington
  • Intermediate School: Torrington

Lot Info

  • Acres: 0.1600

Rental Info

  • Lease Purchase: No

Multi Family

  • Unit Count: 2
  • Total Multi Family: 8
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 3962
  • Total Assessed Value: 86600
  • Mil Rate Total: 45.750
  • Assessor Parcel Number: 889149

MLS Schools

  • Elementary School: Forbes
  • High School: Torrington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2017
Closed on
Aug 29, 2017
Sold by
Varanelli Thomas C
Bought by
Martin Errol K
Seller's Agent
Kristi Houle Nadeau
Bottom Line Realty
Buyer's Agent
Mike Gregor
Cohen Agency SiM, LLC
List Price
$119,900
Sold Price
$113,000
Premium/Discount to List
-$6,900
-5.75%
Current Estimated Value
$271,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,248
Avg. Annual Appreciation
11.14%
Original Mortgage
$110,953
Outstanding Balance
$94,316
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$170,041

Purchase Details

Listed on
Aug 22, 2013
Closed on
Nov 5, 2013
Sold by
Hurlburt Erin
Bought by
Varanelli Thomas C
Seller's Agent
Sheree Rossi
ERA Hart Sargis-Breen
Buyer's Agent
Sheree Rossi
ERA Hart Sargis-Breen
List Price
$92,500
Sold Price
$75,000
Premium/Discount to List
-$17,500
-18.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.33%
Original Mortgage
$72,750
Interest Rate
4.52%

Purchase Details

Closed on
Mar 20, 2006
Sold by
Michna Jeffrey J
Bought by
Reilly Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.27%
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 Type Sale Price Title Company
Warranty Deed $113,000 --
Warranty Deed $75,000 --
Warranty Deed $185,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $110,953 FHA
Previous Owner $72,750 No Value Available
Previous Owner $148,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2017 08/29/17 Sold $113,000 -5.8% $54 / Sq Ft
08/14/2017 08/14/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $119,900 +59.9% $57 / Sq Ft
11/04/2013 11/04/13 Sold $75,000 -18.9% $36 / Sq Ft
08/22/2013 08/22/13 Pending -- -- --
08/22/2013 08/22/13 For Sale $92,500 -- $44 / 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 $7,240 $188,300 $23,520 $164,780
2024 $4,181 $87,160 $23,520 $63,640
2023 $4,180 $87,160 $23,520 $63,640
2022 $4,109 $87,160 $23,520 $63,640
2021 $4,024 $87,160 $23,520 $63,640
2020 $4,024 $87,160 $23,520 $63,640
2019 $3,998 $86,600 $28,900 $57,700
2018 $3,998 $86,600 $28,900 $57,700
2017 $3,962 $86,600 $28,900 $57,700
2016 $3,962 $86,600 $28,900 $57,700
2015 $3,962 $86,600 $28,900 $57,700
2014 $4,000 $110,140 $37,840 $72,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: P10223885

SmartMLS

APN: TORR-000110-000007-000025