NOT LISTED FOR SALE

11 May St Naugatuck, CT 06770

Estimated Value: $304,000 - $400,000

6 Beds
2 Baths
2,056 Sq Ft
$170/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $172,000 $84 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,498/month

3 Days on Market

Highlights

  • Attic
  • 2 Car Detached Garage
  • Baseboard Heating
  • No HOA
  • Central Air

About This Home

As of August 2020

Whether you’re looking for a quality investment property or a home that can comfortably accommodate a multigenerational family, this two-family home is sure to impress. On offer are two units, each with three good-size bedrooms and one bath.

Both units offer light-filled and generous layouts, perfectly designed for contemporary living. The kitchens are large and well-equipped with one offering all-white appliances, a tiled backsplash, gorgeous shaker-style cabinetry and a sweeping countertop. The other unit’s kitchen is a great size and features a stainless steel gas range and oven plus an abundance of storage space.

There’s an unfinished lower level along with a charming front porch, ample off-street parking space and a detached two-car garage.

This home is perfectly positioned within easy reach of Naugatuck’s shopping, cafes and restaurants along with the Naugatuck River. There are a host of quality schools nearby and you’re just moments from the Naugatuck train station, golf courses, parks and the CT-8.

New roof and second-floor windows installed in 2018. New first-floor electric water heater in 2019. First Floor currently pays $1300 a month which is a perfect opportunity to live for near free.

ALSO, THIS HOME QUALIFIES FOR A SPECIAL FINANCING PROGRAM FOR FIRST TIME HOME BUYERS THAT CAN QUALIFY. THEY CAN RECEIVE UP TO 3% OF THE PURCHASE PRICE AND UP TO $10,000 TOWARDS CLOSING COSTS FOR FREE!

Last Listed By

Jason Arcuri

eXp Realty License #REB.0794843 Listed on: 06/19/2020

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,046

Year Built

  • Built in 1870

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Concrete Siding

Interior Spaces

  • 2,056 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Storage In Attic

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Schools

  • Naugatuck High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,046

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 2056
  • Public Record Living Room Sq Ft: 2056
  • Total Sq Ft: 2056
  • Year Built: 1870
  • Remarks Public Addendum: The lot next door at 0 May Street is also for sale, see related MLS
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 3740
  • Tax Year Updated Dt: 08/10/2020
  • Directions: GPS friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Storage Space
  • Basement Description: Full With Hatchway
  • Attic: Yes
  • Street Number Modifier: 11

Exterior Features

  • Exterior Siding: Aluminum
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame, Concrete

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Naugatuck

Lot Info

  • Acres: 0.2000
  • Lot Description: N/A
  • Zoning: per town

Multi Family

  • Gross Annual Income: 28800
  • Unit Count: 2
  • Total Multi Family: 10
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 6046
  • Total Assessed Value: 126620
  • Mil Rate Base: 47.750
  • Mil Rate Total: 47.750
  • Assessor Parcel Number: 2261424

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Naugatuck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Aug 13, 2020
Sold by
Como Christopher
Bought by
Babbitt Joseph
Seller's Agent
Jason Arcuri
eXp Realty
Buyer's Agent
Daniel Zandvliet
Coldwell Banker Realty 2000
List Price
$170,000
Sold Price
$172,000
Premium/Discount to List
$2,000
1.18%
Total Days on Market
3
Current Estimated Value
$348,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,915
Avg. Annual Appreciation
15.95%
Original Mortgage
$157,509
Outstanding Balance
$141,284
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$207,631

Purchase Details

Listed on
Oct 9, 2017
Closed on
Jan 3, 2018
Sold by
Fonseca Edward Est
Bought by
Como Christopher
Seller's Agent
Jordan Ostrofsky
KW Legacy Partners
Buyer's Agent
Jason Arcuri
eXp Realty
List Price
$130,000
Sold Price
$96,500
Premium/Discount to List
-$33,500
-25.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.58%
Original Mortgage
$111,669
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2005
Sold by
Fonseca Edna
Bought by
Fonseca Edward

Range of Values:

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Average Value
Not Available
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
Babbitt Joseph $172,000 None Available
Como Christopher $96,500 --
Como Matthew $3,500 --
Fonseca Edward $16,388 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babbitt Joseph M $50,000
Open Babbitt Joseph $157,509
Previous Owner Fonseca Edward $111,669
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $172,000 +1.2% $84 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $170,000 +76.2% $83 / Sq Ft
12/29/2017 12/29/17 Sold $96,500 -3.5% $47 / Sq Ft
10/30/2017 10/30/17 Price Changed $100,000 -16.7% $49 / Sq Ft
10/24/2017 10/24/17 Price Changed $120,000 -7.7% $58 / Sq Ft
10/09/2017 10/09/17 For Sale $130,000 -- $63 / 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
2024 $6,544 $156,590 $28,840 $127,750
2023 $7,007 $156,590 $28,840 $127,750
2022 $6,046 $126,620 $31,100 $95,520
2021 $6,046 $126,620 $31,100 $95,520
2020 $6,046 $126,620 $31,100 $95,520
2019 $5,983 $126,620 $31,100 $95,520
2018 $4,957 $102,530 $37,420 $65,110
2017 $4,978 $102,530 $37,420 $65,110
2016 $4,888 $102,530 $37,420 $65,110
2015 $4,672 $102,530 $37,420 $65,110
2014 $4,620 $102,530 $37,420 $65,110
2012 $5,025 $149,790 $42,530 $107,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170307912

SmartMLS

APN: NAUG-000028-E000425