NOT LISTED FOR SALE

Estimated Value: $707,016

21 Beds
6 Baths
7,068 Sq Ft
$100/Sq Ft Est. Value

Last Sold May 04, 2021

Last sale price $374,500 $53 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $5,150/month

311 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Baseboard Heating

About This Home

As of May 2021

7 units - 6 Apartments and a store front ($1200). $1200, $850, $825, $750, $750, $700, $675. Taxes $9,637, Water/sewer $4,600, Insurance $4,500. One side is 3-3 bedroom, the other side is 3-4 bedroom, and a commercial unit on the street level. All of the units have been renovated except for 1 unit where the tenant has been for 5+ years and doesn't want to change it. This is a great building in the heart of Waterbury and a staple of Cherry St. Invest in Waterbury!

Last Agent to Sell the Property

Wayne Watt Jr.

THE CONNECTICUT AGENCY LLC License #REB.0795523 Listed on: 01/29/2020

Last Buyer's Agent

Felix Hernandez

Real Broker CT, LLC License #REB.0793559

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,638

Year Built

  • Built in 1906

Lot Details

  • 3,049 Sq Ft Lot
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Block Foundation
  • Frame Construction
  • Flat Tile Roof

Interior Spaces

  • 7,068 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 21 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • 7 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,638

Year Built

Built in 1906

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 7068
  • Public Record Living Room Sq Ft: 7068
  • Total Sq Ft: 7068
  • Year Built: 1906
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Tax Year Updated Dt: 07/13/2020
  • Directions: GPS 138 Cherry St.
  • Special Features: None

Interior Features

  • Total Bedrooms: 21
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Basement Description: Full
  • Attic: No

Exterior Features

  • Foundation Type: Block
  • Roof Information: Flat
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.0700
  • Lot Description: Corner Lot
  • Zoning: RM

Multi Family

  • Unit Count: 6
  • Total Num Of Units: 7

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 9638
  • Mil Rate Base: 60.210
  • Assessor Parcel Number: 1381225

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2024
Sold by
138 Cherry St Llc
Bought by
Cherry Realty Ny Llc
Current Estimated Value
$707,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Outstanding Balance
$723,294
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
-$15,289

Purchase Details

Closed on
Jan 18, 2023
Sold by
Rxp Waterbury Llc
Bought by
138 Cherry St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,500
Interest Rate
6.31%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 29, 2020
Closed on
May 4, 2021
Sold by
Waterbury Affordable Apt
Bought by
Rxp Waterbury Llc
Seller's Agent
Wayne Watt Jr.
THE CONNECTICUT AGENCY LLC
Buyer's Agent
Felix Hernandez
Real Broker CT, LLC
List Price
$430,000
Sold Price
$374,500
Premium/Discount to List
-$55,500
-12.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.85%
Original Mortgage
$588,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2010
Sold by
Park Lane Group Llc
Bought by
Cf Cherry Street Llc

Purchase Details

Closed on
May 6, 2010
Sold by
1B Prop Hldgs Llc
Bought by
Park Lane Grp Llc
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
Cherry Realty Ny Llc -- None Available
138 Cherry St Llc $550,000 None Available
138 Cherry St Llc $550,000 None Available
Rxp Waterbury Llc $800,000 None Available
Rxp Waterbury Llc $800,000 None Available
Cf Cherry Street Llc $65,000 --
Cf Cherry Street Llc $65,000 --
Park Lane Grp Llc $56,000 --
Park Lane Grp Llc $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cherry Realty Ny Llc $735,000
Previous Owner 138 Cherry St Llc $502,500
Previous Owner Rxp Waterbury Llc $588,000
Previous Owner Park Lane Grp Llc $0
Previous Owner Park Lane Grp Llc $328,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2021 05/04/21 Sold $374,500 -12.9% $53 / Sq Ft
12/05/2020 12/05/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $430,000 -- $61 / 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 $16,461 $365,960 $7,630 $358,330
2024 $18,093 $365,960 $7,630 $358,330
2023 $19,831 $365,960 $7,630 $358,330
2022 $9,638 $160,070 $7,630 $152,440
2021 $9,638 $160,070 $7,630 $152,440
2020 $9,638 $160,070 $7,630 $152,440
2019 $9,638 $160,070 $7,630 $152,440
2018 $9,638 $160,070 $7,630 $152,440
2017 $5,441 $90,360 $7,630 $82,730
2016 $5,441 $90,360 $7,630 $82,730
2015 $5,261 $90,360 $7,630 $82,730
2014 $5,261 $90,360 $7,630 $82,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170265738

SmartMLS

APN: WATE-000275-000169-000132

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