NOT LISTED FOR SALE

116 Locust St Waterbury, CT 06704

Estimated Value: $245,137 - $370,000

8 Beds
3 Baths
2,940 Sq Ft
$107/Sq Ft Est. Value

Last Sold February 17, 2022

Last sale price $160,000 $54 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,129/month

159 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Baseboard Heating
  • No HOA
  • Public Transportation

About This Home

As of February 2022

[Major Price Reduction! PRICE TO SELL]
GREAT INVESTMENT! 100% OCCUPIED LARGE 3-FAMILY HOUSE 12%+/- CAP RATE (PLEASE EMAIL A PROOF OF FUND OR PRE- QUALIFICATION BEFORE ANY SHOWING REQUESTS. PLEASE DRIVE BY BEFORE THE SHOWING REQUEST. DUE TO COVID-19, 1ST SHOWING IS FOR THE COMMON AREA ONLY. (Basement & hallways) 2ND SHOWING IS FOR THE REST (48H NOTICE & 1st showing REQUIRED). It is updated with remodeled units. There are private on-site parking spaces in the back of the building.
-Monthly income of $2,400+/-
-Separate meters + Home owner's meter
-All units have Washer & Dryer Hook-ups
-On-site parking
-All the tenants pay their own utilities (Except cold water)
The property is 100% occupied

Last Agent to Sell the Property

Hitomi Batista

Titanium Real Estate Group,LLC License #REB.0794247 Listed on: 08/20/2021

Last Buyer's Agent

Lana Ogrodnik

Showcase Realty, Inc. License #REB.0507873

Showcase Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,458

Year Built

  • Built in 1925

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,940 Sq Ft Home
  • Unfinished Basement
  • Crawl Space
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • Driveway
  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,458

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2940
  • Public Record Living Room Sq Ft: 2940
  • Total Sq Ft: 2940
  • Year Built: 1925
  • Nearby Amenities: Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Remarks Public Addendum: Please drive by the property before you send the 1st showing request. 1ST SHOWING IS FOR COMMON AREA ONLY. (A PROOF OF FUND OR PRE-QUALIFICATION IS REQUIRED BEFORE SHOWING REQUESTS) 2ND SHOWING IS FOR THE REST OF THE BUILDING. (48h notice & 1st showing
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Tax Year Updated Dt: 08/19/2021
  • Directions: GPS
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Crawl Space
  • Basement Description: Unfinished
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No
  • Street Number Modifier: 116

Exterior Features

  • Exterior Features: Gutters, Lighting, Porch
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Per Board of Ed
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.1200
  • Lot Description: N/A
  • Zoning: RM

Multi Family

  • Unit Count: 3
  • Total Multi Family: 14
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 2458
  • Total Assessed Value: 40820
  • Mil Rate Base: 60.210
  • Mil Rate Total: 60.210
  • Assessor Parcel Number: 1378500

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2025
Sold by
We Create Homes Llc
Bought by
116 Locust Street Llc
Current Estimated Value
$315,284

Purchase Details

Listed on
Aug 20, 2021
Closed on
Feb 14, 2022
Sold by
116 Locust St Llc
Bought by
We Create Homes Llc
Seller's Agent
Hitomi Batista
Titanium Real Estate Group,LLC
Buyer's Agent
Lana Ogrodnik
Showcase Realty, Inc.
List Price
$195,900
Sold Price
$160,000
Premium/Discount to List
-$35,900
-18.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.25%

Purchase Details

Closed on
Apr 23, 2018
Sold by
Batista Michael and Alicki Alexander
Bought by
116 Locust St Llc

Purchase Details

Closed on
Sep 19, 2011
Sold by
Citimortgage Inc
Bought by
Alicki Alexander and Batista Michael

Purchase Details

Closed on
Nov 10, 2010
Sold by
Department Of Housing & Urban Dev
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jun 4, 2010
Sold by
Citimortgage Inc
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Apr 5, 2010
Sold by
Lima Claudia
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jan 10, 2005
Sold by
Cbj Holdings
Bought by
Lima Claudia

Purchase Details

Closed on
Jun 25, 2004
Sold by
Richardson Merry and Richardson Ronald
Bought by
Cbj Hldgs

Purchase Details

Closed on
Sep 13, 2001
Sold by
Nyambati Samuel
Bought by
Marquez Neftali

Purchase Details

Closed on
May 20, 1999
Sold by
Onyiego Zakay
Bought by
Nyambati Samuel

Purchase Details

Closed on
Dec 3, 1998
Sold by
Gripper Bennie and Lloyd Gertrude B
Bought by
Onyiego Zakayo
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 Buyer Sale Price Title Company
116 Locust Street Llc -- None Available
116 Locust Street Llc -- None Available
We Create Homes Llc $160,000 None Available
We Create Homes Llc $160,000 None Available
116 Locust St Llc -- --
116 Locust St Llc -- --
Alicki Alexander $14,000 --
Alicki Alexander $14,000 --
Citimortgage Inc -- --
Citimortgage Inc -- --
Department Of Housing & Urban Dev -- --
Department Of Housing & Urban Dev -- --
Citimortgage Inc -- --
Citimortgage Inc -- --
Lima Claudia $165,000 --
Lima Claudia $165,000 --
Cbj Hldgs $55,000 --
Cbj Hldgs $55,000 --
Marquez Neftali $95,000 --
Marquez Neftali $95,000 --
Nyambati Samuel $72,000 --
Nyambati Samuel $72,000 --
Onyiego Zakayo $11,250 --
Onyiego Zakayo $11,250 --
Onyiego Zakayo $11,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Onyiego Zakayo $48,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2022 02/17/22 Sold $160,000 -15.7% $54 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
01/19/2022 01/19/22 Price Changed $189,900 -3.1% $65 / Sq Ft
01/12/2022 01/12/22 For Sale $195,900 0.0% $67 / Sq Ft
01/11/2022 01/11/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $195,900 0.0% $67 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
11/23/2021 11/23/21 Price Changed $195,900 0.0% $67 / Sq Ft
11/23/2021 11/23/21 For Sale $195,900 +22.4% $67 / Sq Ft
11/01/2021 11/01/21 Off Market $160,000 -- --
08/20/2021 08/20/21 For Sale $199,900 -- $68 / 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 $4,931 $109,620 $11,970 $97,650
2024 $5,420 $109,620 $11,970 $97,650
2023 $5,940 $109,620 $11,970 $97,650
2022 $2,458 $40,820 $11,970 $28,850
2021 $2,458 $40,820 $11,970 $28,850
2020 $2,458 $40,820 $11,970 $28,850
2019 $2,458 $40,820 $11,970 $28,850
2018 $2,458 $40,820 $11,970 $28,850
2017 $3,328 $55,270 $11,970 $43,300
2016 $3,328 $55,270 $11,970 $43,300
2015 $3,647 $62,640 $11,970 $50,670
2014 $3,647 $62,640 $11,970 $50,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170431059

SmartMLS

APN: WATE-000237-000182-000060