Seller's Agent in 2016
Tarek Raslan
Trusted Properties CT, LLC
(203) 533-9763
1 in this area
8 Total Sales
15 4th St Ansonia, CT 06401
Estimated Value: $338,000 - $453,000
6
Beds
2
Baths
1,760
Sq Ft
$215/Sq Ft
Est. Value
Highlights
- Deck
- Property is near shops and bus stop
- Wood Siding
- No HOA
About This Home
As of June 2016Investment rehab property. Full renovation construction started with all necessary permits pulled to date. Property was purchased by builder in May 2015 for $45K and has carried out approximately $30K in renovations. Renovations include complete interior demolition of plaster walls, demolition of rotted front egress, partial construction of rear deck egress, extensive site work, 100ft of vinyl fencing, replacement of basement bulk head door, install of 6 vinyl basement windows, design of kitchen and $4K worth of new in the box kitchen cabinets included, and design of all floor plans. Still requires approximately $60K to complete total overhaul renovations to brand new spec two unit home. Each unit has 3 BR’s and 1 Bath, capable of renting for $1,200/mo each, projected gross rental income of $28,800 and at $100K all in renovation and acquisition, a potential cap rate of 23%. Post renovation appraisal of potentially $150K would allow for complete equity cash out. Acquisition plus renovation of $100K would be completely renovated home for $53/SqFt. Significant improvement being made to neighborhood park, with neighborhood volunteer group Friends of Gatison Park. Additional market research available on request. Comparable undeveloped lots listed for $30K-$40K. Sold As-Is, cash buyers only. Bring offers.
Last Agent to Sell the Property
Trusted Properties CT, LLC License #REB.0790658 Listed on: 06/01/2016
Last Buyer's Agent
Trusted Properties CT, LLC License #REB.0790658 Listed on: 06/01/2016
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1880
Lot Details
- 6,534
Home Design
- Wood Siding
- Clap Board Siding
Interior Spaces
- 2 Full Bathrooms
- 1,760 Sq Ft Home
- 2-Story Property
Parking
- 2 Parking Spaces
- Parking Deck
- Unpaved Parking
- Off-Street Parking
Schools
- Pboe Elementary School
- Pboe High School
Additional Features
- Deck
- 6,534 Sq Ft Lot
- Property is near shops and bus stop
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2016
Closed on
Jun 22, 2016
Sold by
Trusted Properties Ct
Bought by
Nyame Douglas
Seller's Agent
Tarek Raslan
Trusted Properties CT, LLC
Buyer's Agent
Tarek Raslan
Trusted Properties CT, LLC
List Price
$40,000
Sold Price
$35,000
Premium/Discount to List
-$5,000
-12.5%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,592
Avg. Annual Appreciation
27.76%
Purchase Details
Listed on
Feb 8, 2015
Closed on
Jun 4, 2015
Sold by
Raslan Tarek
Bought by
Trusted Properties Ct
Seller's Agent
Joseph M. Gruttadauria
Vylla Home (CT) LLC
Buyer's Agent
Cliff Burns
NEW DAY REAL ESTATE
List Price
$63,900
Sold Price
$45,299
Premium/Discount to List
-$18,601
-29.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-21.42%
Original Mortgage
$107,000
Interest Rate
3.62%
Purchase Details
Listed on
Feb 8, 2015
Closed on
May 26, 2015
Sold by
Bank Of America Na
Bought by
Raslan Tarek
Seller's Agent
Joseph M. Gruttadauria
Vylla Home (CT) LLC
Buyer's Agent
Cliff Burns
NEW DAY REAL ESTATE
List Price
$63,900
Sold Price
$45,299
Premium/Discount to List
-$18,601
-29.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
3.62%
Purchase Details
Closed on
Nov 7, 2014
Sold by
Espinal Ralph
Bought by
Bank Of America Na
Purchase Details
Closed on
Aug 5, 2004
Sold by
Zaletta Steven and Zaletta Lorraine
Bought by
Espinal Rafael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.2%
Purchase Details
Closed on
Jul 12, 1999
Sold by
Fiore David
Bought by
Zaletta Steven J and Zaletta Lorraine
Purchase Details
Closed on
Sep 29, 1995
Sold by
First Fidelity Bk
Bought by
Peterson William E and Johnson Warren
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nyame Douglas | $35,000 | -- | |
| Trusted Properties Ct | -- | -- | |
| Raslan Tarek | $45,000 | -- | |
| Bank Of America Na | -- | -- | |
| Espinal Rafael | $175,000 | -- | |
| Zaletta Steven J | $115,000 | -- | |
| Peterson William E | $38,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Trusted Properties Ct | $107,000 | |
| Previous Owner | Peterson William E | $200,000 | |
| Previous Owner | Peterson William E | $140,000 | |
| Previous Owner | Peterson William E | $107,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/27/2016 06/27/16 | Sold | $35,000 | -12.5% | $20 / Sq Ft | |
| 06/03/2016 06/03/16 | Pending | -- | -- | -- | |
| 06/01/2016 06/01/16 | For Sale | $40,000 | -11.7% | $23 / Sq Ft | |
| 06/04/2015 06/04/15 | Sold | $45,299 | -29.1% | $26 / Sq Ft | View Prior Sale |
| 05/05/2015 05/05/15 | Pending | -- | -- | -- | |
| 02/08/2015 02/08/15 | For Sale | $63,900 | -- | $36 / 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 | $4,555 | $159,530 | $37,380 | $122,150 |
| 2024 | $4,226 | $159,530 | $37,380 | $122,150 |
| 2023 | $4,186 | $159,530 | $37,380 | $122,150 |
| 2022 | $3,980 | $105,300 | $37,700 | $67,600 |
| 2021 | $5,369 | $105,300 | $37,700 | $67,600 |
| 2020 | $2,801 | $74,100 | $37,700 | $36,400 |
| 2019 | $5,632 | $74,100 | $37,700 | $36,400 |
| 2018 | $2,765 | $74,100 | $37,700 | $36,400 |
| 2017 | $2,538 | $68,000 | $39,900 | $28,100 |
| 2016 | $2,538 | $68,000 | $39,900 | $28,100 |
| 2015 | $3,050 | $81,300 | $39,900 | $41,400 |
| 2014 | $3,139 | $81,300 | $39,900 | $41,400 |
| 2013 | -- | $81,300 | $39,900 | $41,400 |
Source: Public Records
Agents Affiliated with this Home
-
Tarek Raslan
-
J
Seller's Agent in 2015
Joseph M. Gruttadauria
Vylla Home (CT) LLC
-
C
Buyer's Agent in 2015
Cliff Burns
NEW DAY REAL ESTATE
Map
Source: SmartMLS
MLS Number: V10139940
APN: ANSO-000034-000004
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