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116 Wells St

Manchester, CT 06040

4 bd 2 ba 1,984 sqft Built 1921 Lot 10,019 sqft multi_family
Most recent sale
$322,000
Sep 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 13, 2022 Sold $322,000 Public Record
Jul 26, 2022 Price changed $349,900 MLS #170510534
Jul 21, 2022 Listed $359,000 MLS #170510534
Apr 14, 2004 Sold $189,900 Public Record
Apr 19, 2002 Sold $85,000 Public Record
Jun 28, 1995 Sold $71,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $122,800 $31,100 $153,900 $6,128
2023 $122,800 $31,100 $153,900 $5,725
2022 $122,800 $31,100 $153,900 $5,559
2021 $100,800 $28,400 $129,200 $5,417
2020 $100,800 $28,400 $129,200 $5,410
2019 $100,800 $28,400 $129,200 $5,388
2018 $100,800 $28,400 $129,200 $5,286
2017 $100,800 $28,400 $129,200 $5,136
2016 $89,800 $36,100 $125,900 $4,996
2015 $89,800 $36,100 $125,900 $4,960
2013 $89,800 $36,100 $125,900 $4,714
2006 $55,200 $16,700 $71,900 $2,886
2005 $55,200 $16,700 $71,900 $2,737
2004 $55,200 $16,700 $71,900 $2,593
2003 $55,200 $16,700 $71,900 $2,467

Property facts

Year built
1921
Property type
multi_family
Stories
Beds
4
Baths
2
Living area
1,984 sqft
Lot size
10,019 sqft
ZIP code
06040
City
Manchester
Street
Wells St
Coordinates
41.76579, -72.51486

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,976
Gross rental yield
11.09%
Implied cap rate
7.21%
Trend-extrapolated value

Frequently asked questions

When did 116 Wells St last sell?
116 Wells St most recently sold on Sep 13, 2022 for $322,000.
What is the current tax assessment for 116 Wells St?
The most recent total assessment for 116 Wells St (year 2025) is $153,900 with $6,128 in property tax.
How does 116 Wells St's assessment compare to its last sale price?
The current assessment is 52.2% below the last sale price of $322,000.
When was 116 Wells St built?
116 Wells St was built in 1921.
How does 116 Wells St compare to others on Wells St?
We track 8 other properties on Wells St. Browse the list under "Other properties on Wells St" to compare beds, baths, and sale history.
What are the property facts for 116 Wells St?
116 Wells St is a 4 bed, 2 bath, 1,984 sqft, 10,019 sqft lot multi_family.
Is 116 Wells St a flip candidate?
No — 116 Wells St does not appear in our flips dataset.
Is 116 Wells St a tax-appeal candidate?
No — 116 Wells 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
-0.6%
Implied 1-yr
-2.4%
2026 Q3
$371.1K
2026 Q4
$368.8K
ZIP 06040 — Median Price History + Forecast

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