NOT LISTED FOR SALE

121 Lounsbury St Waterbury, CT 06706

South End District Neighborhood

Estimated Value: $510,186

-- Bed
1 Bath
5,136 Sq Ft
$99/Sq Ft Est. Value

Last Sold February 07, 2022

Last sale price $329,000 $64 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,475/month

230 Days on Market

About This Home

As of February 2022

Investors take notice!!!!!! 6-unit building and a store front, put your money to work for you. Property being sold as is All UNITS rented under market value and month to month .Don't miss out on this great opportunity . " MOTIVATED SELLERS "

Last Agent to Sell the Property

Dennis Jimenez

Valuation Realty Group, LLC License #REB.0791689 Listed on: 05/17/2021

Last Buyer's Agent

Michael Rearson

Brass Moon Realty License #REB.0759150

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,727

Year Built

  • Built in 1905

Lot Details

  • 5,663 Sq Ft Lot
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Flat Tile Roof
  • Masonry Siding

Interior Spaces

  • 5,136 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Gas
  • Heating System Uses Natural Gas

Community Details

  • 6 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,727

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Neighborhood: South End
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 5136
  • Public Record Living Room Sq Ft: 5136
  • Total Sq Ft: 5136
  • Year Built: 1905
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Tax Year Updated Dt: 07/26/2021
  • Directions: Route 8 south to south main st to Lounsbury St , 84 to south main st to Lounsbury St.
  • Special Features: None

Interior Features

  • Basement Description: Full
  • Attic: No

Exterior Features

  • Exterior Siding: Brick
  • Foundation Type: Brick
  • Roof Information: Flat
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard, Gas on Gas
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.1300
  • Lot Description: Corner Lot
  • Zoning: RM

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 6727
  • Mil Rate Base: 60.210
  • Assessor Parcel Number: 1391858

Multi Family

  • Total Num Of Units: 6

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
May 17, 2021
Closed on
Feb 7, 2022
Sold by
West View Llc
Bought by
121 Lounsbury Llc
Seller's Agent
Dennis Jimenez
Valuation Realty Group, LLC
Buyer's Agent
Michael Rearson
Brass Moon Realty
List Price
$360,900
Sold Price
$329,000
Premium/Discount to List
-$31,900
-8.84%
Current Estimated Value
$510,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,186
Avg. Annual Appreciation
11.61%
Original Mortgage
$246,750
Outstanding Balance
$227,960
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$273,637

Purchase Details

Closed on
Sep 7, 2010
Sold by
Farmer Daisy and Farmer Samson
Bought by
West View Llc

Purchase Details

Closed on
Oct 31, 2007
Sold by
J & D Equities Llc
Bought by
Farmer Samson and Farmer Daisy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
121 Lounsbury Llc $329,000 None Available
West View Llc -- --
Farmer Samson $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 121 Lounsbury Llc $246,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2022 02/07/22 Sold $329,000 -8.8% $64 / Sq Ft
01/02/2022 01/02/22 Pending -- -- --
11/02/2021 11/02/21 For Sale $360,900 +9.7% $70 / Sq Ft
11/01/2021 11/01/21 Off Market $329,000 -- --
10/04/2021 10/04/21 Price Changed $360,900 -9.8% $70 / Sq Ft
09/13/2021 09/13/21 Price Changed $399,900 -3.6% $78 / Sq Ft
08/13/2021 08/13/21 Price Changed $414,900 -3.5% $81 / Sq Ft
05/17/2021 05/17/21 For Sale $429,900 0.0% $84 / Sq Ft
03/10/2014 03/10/14 Rented $600 -7.7% --
03/10/2014 03/10/14 Under Contract -- -- --
12/10/2013 12/10/13 For Rent $650 -- --
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 $9,584 $213,080 $21,210 $191,870
2024 $10,535 $213,080 $21,210 $191,870
2023 $11,547 $213,080 $21,210 $191,870
2022 $6,727 $111,720 $21,180 $90,540
2021 $6,727 $111,720 $21,180 $90,540
2020 $6,727 $111,720 $21,180 $90,540
2019 $6,727 $111,720 $21,180 $90,540
2018 $6,727 $111,720 $21,180 $90,540
2017 $8,745 $145,240 $21,180 $124,060
2016 $8,745 $145,240 $21,180 $124,060
2015 $8,456 $145,240 $21,180 $124,060
2014 $8,456 $145,240 $21,180 $124,060
Source: Public Records

Agents Affiliated with this Home

  • Dennis Jimenez

    Seller's Agent in 2022

    Dennis Jimenez

    Valuation Realty Group, LLC

    (203) 980-4151

    10 in this area

    57 Total Sales

    Dennis Jimenez
    Section Image

  • M

    Buyer's Agent in 2022

    Michael Rearson

    Brass Moon Realty

    (203) 426-8221

    2 in this area

    9 Total Sales

    Michael Rearson
    Section Image
  • Jennifer Gondola

    Seller's Agent in 2014

    Jennifer Gondola

    Farnam Realty Group

    (203) 733-5566

    12 Total Sales

    Jennifer Gondola
    Section Image
  • Judith Caputo

    Buyer's Agent in 2014

    Judith Caputo

    Advantage Realty Group, Inc.

    (203) 755-4015

    17 in this area

    186 Total Sales

    Judith Caputo
    Section Image
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Map

Source: SmartMLS

MLS Number: 170401211

SmartMLS

APN: WATE-000415-000302-000021

Connecticut New Haven County Waterbury 06706 South End District

121 Lounsbury St, Waterbury, CT

Not Listed for Sale

MultiFamily

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