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16 Walnut St

Essex, CT 06442

4 bd 2 ba 1,536 sqft Built 1900 Lot 23,958 sqft multi_family
Most recent sale
$287,500
Dec 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 22, 2022 Sold $287,500 SMARTMLS
Nov 5, 2022 Listing removed SMARTMLS
Sep 27, 2022 Listed $325,000 SMARTMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $142,900 $59,200 $202,100 $3,765
2023 $83,200 $52,500 $135,700 $3,065
2022 $83,200 $52,500 $135,700 $3,074
2021 $83,200 $52,500 $135,700 $3,044
2020 $83,200 $52,500 $135,700 $2,960
2019 $83,200 $52,500 $135,700 $2,938
2018 $66,100 $55,300 $121,400 $2,653
2017 $66,100 $55,300 $121,400 $2,666
2016 $66,100 $55,300 $121,400 $2,620
2015 $66,100 $55,300 $121,400 $2,559
2013 $71,300 $59,500 $130,800 $2,484
2006 $71,300 $52,500 $123,800 $2,006
2005 $71,300 $52,500 $123,800 $1,919
2003 $64,900 $36,900 $101,800 $2,036

Property facts

Year built
1900
Property type
multi_family
Stories
Beds
4
Baths
2
Living area
1,536 sqft
Lot size
23,958 sqft
ZIP code
06442
City
Essex
Street
Walnut St
Coordinates
41.34410, -72.44678

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,304
Gross rental yield
9.62%
Implied cap rate
6.25%
Trend-extrapolated value

Frequently asked questions

When did 16 Walnut St last sell?
16 Walnut St most recently sold on Dec 22, 2022 for $287,500.
What is the current tax assessment for 16 Walnut St?
The most recent total assessment for 16 Walnut St (year 2025) is $202,100 with $3,765 in property tax.
How does 16 Walnut St's assessment compare to its last sale price?
The current assessment is 29.7% below the last sale price of $287,500.
When was 16 Walnut St built?
16 Walnut St was built in 1900.
How does 16 Walnut St compare to others on Walnut St?
We track 7 other properties on Walnut St. Browse the list under "Other properties on Walnut St" to compare beds, baths, and sale history.
What are the property facts for 16 Walnut St?
16 Walnut St is a 4 bed, 2 bath, 1,536 sqft, 23,958 sqft lot multi_family.
Is 16 Walnut St a flip candidate?
No — 16 Walnut St does not appear in our flips dataset.
Is 16 Walnut St a tax-appeal candidate?
No — 16 Walnut St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.9%
Implied 1-yr
+19.8%
2026 Q1
$655.2K
2026 Q2
$679.7K
ZIP 06442 — Median Price History + Forecast

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