NOT LISTED FOR SALE

16 Little Brook Ln Unit A-B Newtown, CT 06470

Estimated Value: $555,231 - $682,000

3 Beds
2 Baths
2,066 Sq Ft
$308/Sq Ft Est. Value

Last Sold March 11, 2021

Last sale price $390,000 $189 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,162/month

84 Days on Market

Highlights

  • Deck
  • Partially Wooded Lot
  • Corner Lot
  • Middle Gate Elementary School Rated A-
  • Attic
  • No HOA

About This Home

As of March 2021

This property has 2 SEPARATE HOUSES (2 bedrm, 1 bath AND 1 bedrm, 1 bath), plus a large detached 2 car garage with an walk-up attic and an office with a separate entrance. Total 3 buildings on property. 1.33 acres of beautiful dry level land. Houses share a well, but have their own separate septic tanks. This is a great investment property, ideal for extended family needs and fantastic for someone who works from home & needs a separate office. MAIN HOUSE offers: 1,122 sqft, completely rebuilt in 2012 ONE level living with 2 bdrms, 1 bath, gas-log fireplace, vaulted ceilings, granite countertops in the kitchen, stackable washer/dryer in the closet, deck, unfinished basement with hatchway. Circular driveway makes it convenient to pull right in front of your door & easy to get in and out of the driveway. SECOND HOUSE offers: ~944 sqft, 1 bdrm, 1 bath, dining room, stackable washer/dryer, spiral staircase to FINISHED basement w/ a walk-in closet. Currently tenant is paying $1400/month. GARAGE offers: spacious 2 car parking with a walk-up staircase to attic. Office has separate entrance with wood floors, wall AC & it's own patio. Location is about 1/2 mile to Rt.25/South Main Street for close grocery & retail shopping, restaurants and gyms. This property offers a rare opportunity in Newtown to own two houses, live in the main house & have the second house pay for mortgage OR accommodate your family needs for separate living quarters.

Last Agent to Sell the Property

Kadri Graffeo

Coldwell Banker Realty License #0809428 Listed on: 11/02/2020

Coldwell Banker Realty

Last Buyer's Agent

Adam Negri

Venus and Mars Properties, LLC License #REB.0789088

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,205

Year Built

  • Built in 1951

Lot Details

  • 1.33 Acre Lot
  • Corner Lot
  • Level Lot
  • Partially Wooded Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Self Contained Fireplace Unit Or Insert
  • Thermal Windows
  • French Doors
  • Concrete Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Parking Deck
  • Circular Driveway
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Rain Gutters

Location

  • Property is near shops

Schools

  • Middle Gate Elementary School
  • Newtown Middle School
  • Reed Middle School
  • Newtown High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Private Company Owned Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Exclusions: Crystal chandelier

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,205

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Neighborhood: Botsford
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 1766
  • Sq Ft Est Heated Below Grade: 300
  • Total Sq Ft: 2066
  • Year Built: 1951
  • Nearby Amenities: Basketball Court, Health Club, Library, Medical Facilities, Playground/Tot Lot, Private School(s), Public Pool, Shopping/Mall
  • Property Sub Type: 2 Family
  • Exclusions: Crystal chandelier
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Rt.25 to Button Shop Rd, or Toddy hill rd to Button Shop. Houses are on the corner of Little Brook Ln and Button Shop.
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full With Hatchway, Fully Finished, Unfinished, Concrete Floor, Liveable Space
  • Laundry Room Location: Stackable washer/dryer in each house
  • Laundry Room Info: Washer/Dryer All Units
  • Attic: Yes
  • Street Number Modifier: 16

Exterior Features

  • Exterior Features: Deck, French Doors, Gutters, Patio
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Driveway, Off Street Parking
  • Garages Number: 2
  • Driveway Type: Circular, Paved, Gravel

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard, Hot Air
  • Heat Fuel Type: Electric, Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: 40 Gallon Tank, Electric, Natural Gas
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Middle Gate
  • Middle School: Newtown
  • High School: Newtown
  • Intermediate School: Reed

Green Features

  • Energy Features: Fireplace Insert, Thermopane Windows

Lot Info

  • Acres: 1.3300
  • Lot Description: Corner Lot, Level Lot, Lightly Wooded
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R-2

Multi Family

  • Unit Count: 2
  • Total Multi Family: 9
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 7205
  • Total Assessed Value: 207280
  • Mil Rate Base: 34.760
  • Mil Rate Total: 34.760
  • Assessor Parcel Number: 210775

MLS Schools

  • Elementary School: Middle Gate
  • Middle Jr High School: Newtown
  • High School: Newtown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2020
Closed on
Mar 11, 2021
Sold by
Graffeo Anthony P and Graffeo Kadri
Bought by
Arshad Faizan
Seller's Agent
Kadri Graffeo
Coldwell Banker Realty
Buyer's Agent
Adam Negri
Venus and Mars Properties, LLC
List Price
$425,000
Sold Price
$390,000
Premium/Discount to List
-$35,000
-8.24%
Current Estimated Value
$636,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,558
Avg. Annual Appreciation
11.26%
Original Mortgage
$292,500
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 2, 2020
Closed on
Mar 1, 2021
Sold by
Arshad Faizan
Bought by
16 Little Brook Lane Llc
Seller's Agent
Kadri Graffeo
Coldwell Banker Realty
Buyer's Agent
Adam Negri
Venus and Mars Properties, LLC
List Price
$425,000
Sold Price
$390,000
Premium/Discount to List
-$35,000
-8.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 1987
Sold by
Mengden Albert
Bought by
Wood Alfred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Interest Rate
10.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Arshad Faizan $390,000 None Available
Arshad Faizan $390,000 None Available
16 Little Brook Lane Llc -- None Available
16 Little Brook Lane Llc -- None Available
Wood Alfred $94,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arshad Faizan $292,500
Previous Owner Wood Alfred $80,000
Previous Owner Wood Alfred $116,000
Previous Owner Wood Alfred $117,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2021 03/11/21 Sold $390,000 -8.2% $189 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
11/02/2020 11/02/20 For Sale $425,000 -- $206 / 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 $9,439 $328,440 $71,130 $257,310
2024 $8,858 $328,440 $71,130 $257,310
2023 $8,618 $328,440 $71,130 $257,310
2022 $7,008 $202,140 $69,320 $132,820
2021 $7,004 $202,140 $69,320 $132,820
2020 $7,205 $207,280 $69,320 $137,960
2019 $7,207 $207,280 $69,320 $137,960
2018 $7,097 $207,280 $69,320 $137,960
2017 $5,203 $153,620 $75,350 $78,270
2016 $5,162 $153,620 $75,350 $78,270
2015 $5,080 $153,620 $75,350 $78,270
2014 $5,117 $153,620 $75,350 $78,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170352022

SmartMLS

APN: NEWT-000046-000008-000008