NOT LISTED FOR SALE

10 Summit Ave Shelton, CT 06484

Estimated Value: $428,609 - $525,000

5 Beds
2 Baths
1,868 Sq Ft
$261/Sq Ft Est. Value

Last Sold September 03, 2020

Last sale price $315,000 $169 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,897/month

11 Days on Market

Highlights

  • Deck
  • Finished Attic
  • No HOA
  • Partially Wooded Lot
  • Attic
  • Enclosed Patio or Porch

About This Home

As of September 2020

Looking to build or create your investment portfolio? With 10 Summit you'll have an immediate positive cash flow. Tenant in place! Purchase as a full investment or reside in one unit while renting the other out. Quiet street. 1st floor unit: 2 bedrooms /1 updated bath with shower stall. Bright and open living room. Private deck with sliders and porch. 2nd floor unit same layout as the 1st floor and BONUS a finished upper level which can be used as a Master bedroom - or Bonus Room. Plus a spacious deck. Off street parking is plentiful. You (or your tenants) will enjoy the lovely level fully fenced in oversized yard. Convenient to the Indian Well State Park, local amenities and major highways. Newer gas furnaces 2013 & 2014. Utilities separate. Great Investment Opportunity!

Last Agent to Sell the Property

Kimberly Tapscott

Keller Williams Prestige Prop. License #REB.0795341 Listed on: 08/20/2020

Keller Williams Prestige Prop.

Last Buyer's Agent

Mildred Reyes

BHGRE Shore & Country License #REB.0792066

BHGRE Shore & Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,671

Year Built

  • Built in 1925

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot
  • Partially Wooded Lot
  • Many Trees
  • Garden

Home Design

  • Concrete Foundation
  • Block Foundation
  • Asphalt Shingled Roof
  • Concrete Siding
  • Block Exterior
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 1,868 Sq Ft Home
  • Concrete Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Attic

  • Attic Floors
  • Walkup Attic
  • Finished Attic

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • Parking Deck
  • Private Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Shed
  • Rain Gutters

Utilities

  • Floor Furnace
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,671

Year Built

Built in 1925

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1868
  • Public Record Living Room Sq Ft: 1868
  • Total Sq Ft: 1868
  • Year Built: 1925
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Directions: Coram to Summit
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up, Finished, Floored
  • Basement Description: Full, Full With Hatchway, Unfinished, Concrete Floor, Storage
  • Laundry Room Info: Hook-Up In Unit 1, Hook-Up In Unit 2
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck, Garden Area, Gutters, Porch, Porch-Enclosed, Shed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block, Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Block, Concrete, Masonry

Garage/Parking

  • Garage Parking Info: Paved, Driveway, Off Street Parking
  • Driveway Type: Private, Paved, Asphalt

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas, Tankless Hotwater
  • Water Source: Public Water In Street
  • Sewer: Public Sewer In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.2200
  • Lot Description: Level Lot, Lightly Wooded, Treed
  • Zoning: R-4

Multi Family

  • Unit Count: 2
  • Total Multi Family: 9
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 3671
  • Mil Rate Base: 22.420
  • Assessor Parcel Number: 288704

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
Aug 20, 2020
Closed on
Sep 2, 2020
Sold by
Davis Debra
Bought by
Perez Luis
Seller's Agent
Kimberly Tapscott
Keller Williams Prestige Prop.
Buyer's Agent
Mildred Reyes
BHGRE Shore & Country
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Current Estimated Value
$487,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,402
Avg. Annual Appreciation
8.17%
Original Mortgage
$314,204
Outstanding Balance
$279,347
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$208,055

Purchase Details

Closed on
Sep 4, 2001
Sold by
Posick Steven and Posick Deborah
Bought by
Allen Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
7.06%

Purchase Details

Closed on
Sep 23, 1997
Sold by
Gaudio Peter
Bought by
Posick Steven and Petruzzello Deborah
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Perez Luis $320,000 None Available
Perez Luis $320,000 None Available
Allen Debra A $195,000 --
Allen Debra A $195,000 --
Posick Steven $130,000 --
Posick Steven $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Luis $314,204
Closed Perez Luis $314,204
Previous Owner Posick Steven $182,000
Previous Owner Posick Steven $175,000
Previous Owner Posick Steven $175,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2020 09/03/20 Sold $315,000 -3.1% $169 / Sq Ft
08/20/2020 08/20/20 For Sale $325,000 -- $174 / Sq Ft
Source: SmartMLS

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 $4,001 $212,590 $78,750 $133,840
2024 $4,077 $212,590 $78,750 $133,840
2023 $3,714 $212,590 $78,750 $133,840
2022 $3,714 $212,590 $78,750 $133,840
2021 $3,607 $163,730 $66,500 $97,230
2020 $3,671 $163,730 $66,500 $97,230
2019 $3,671 $163,730 $66,500 $97,230
2017 $3,636 $163,730 $66,500 $97,230
2015 $3,261 $146,160 $48,160 $98,000
2014 $3,261 $146,160 $48,160 $98,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170328875

SmartMLS

APN: SHEL-000106C-000000-000045

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