$430,000
SOLD OCT 20, 2023

16 Mclaughlin Terrace Unit 18 Derby, CT 06418

5 Beds
3 Baths
2,544 Sq Ft
0.3 Acres

Recently Sold

$169 Per Sq Ft

53 Days on Market

Highlights

  • Home fronts a pond
  • Deck
  • Partially Wooded Lot
  • Above Ground Pool
  • Property is near public transit
  • 3-minute walk to Witek Park

About This Home

As of October 2023

Beautiful expanded legal 2 family home in desirable Hilltop. This huge home, bathed in sunlight, features 2 side by side units. The expanded side has 3 bedrooms with an amazing primary bedroom featuring a walk in closet and en suite full bath. In addition, the large eat in remodeled kitchen flows into the living space with newer flooring and a large bay window. The second floor offer 2 large bedrooms and a full bath. There is also a partially finished lower level space great for a game room or extra storage. The second unit offers the same bright and spacious living space and kitchen with 2 bedrooms upstairs and a full bath. Both have laundry in unit. The roof was replaced in 2019, new furnace, new flooring and remodeled kitchens with newer appliances. Rounding out the large property is an expansive deck and refreshing above ground pool. Just add love!

Last Agent to Sell the Property

Jennifer Lynne Lariccia

Coldwell Banker Realty License #REB.0793669 Listed on: 06/29/2023

Coldwell Banker Realty

Last Buyer's Agent

Carolyn Colon-Ortega

Century 21 Scala Group License #RES.0811829

Century 21 Scala Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,552

Year Built

  • Built in 1955

Lot Details

  • 0.3 Acre Lot
  • Home fronts a pond
  • Level Lot
  • Partially Wooded Lot

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Ridge Vents on the Roof
  • Aluminum Siding

Interior Spaces

  • 2,544 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Crawl Space
  • Basement Storage

Parking

  • Parking Deck
  • Private Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Above Ground Pool
  • Walking Distance to Water
  • Deck
  • Shed

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Programmable Thermostat

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,552

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Neighborhood: Hilltop
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2544
  • Public Record Living Room Sq Ft: 2544
  • Total Sq Ft: 2544
  • Year Built: 1955
  • Nearby Amenities: Lake, Medical Facilities, Public Transportation, Shopping/Mall
  • Remarks Public Addendum: ***HIGHEST AND BEST DUE BY SUNDAY JULY 9 7PM***
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Tax Year Updated Dt: 07/18/2023
  • Directions: GPS Friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Access Via Hatch
  • Basement Description: Crawl Space, Partially Finished, Storage
  • Laundry Room Location: Main Floor Each Unit
  • Laundry Room Info: Washer/Dryer All Units
  • Attic: Yes
  • Street Number Modifier: 16

Exterior Features

  • Exterior Features: Deck, Shed
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Pond, Walk to Water
  • Swimming Pool: Yes
  • Pool: Above Ground Pool
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway, Paved, Off Street Parking
  • Driveway Type: Private, Paved

Utilities

  • Cooling System: Ceiling Fans, Window Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Programmable Thermostat, Ridge Vents, Thermopane Windows

Lot Info

  • Acres: 0.3000
  • Lot Description: Level Lot, Lightly Wooded, Sloping Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R-5

Multi Family

  • Unit Count: 2
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 6552
  • Total Assessed Value: 169750
  • Mil Rate Base: 38.600
  • Mil Rate Total: 38.600
  • Assessor Parcel Number: 1093175

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
Jun 29, 2023
Closed on
Oct 20, 2023
Sold by
Borchers Donna Est and Mastrangelo
Bought by
Pacheco Kirsys and Nunez Nilsa
Seller's Agent
Jennifer Lynne Lariccia
Coldwell Banker Realty
Buyer's Agent
Carolyn Colon-Ortega
Century 21 Scala Group
List Price
$429,900
Sold Price
$430,000
Premium/Discount to List
$100
0.02%
Views
156
Current Estimated Value
$485,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,498
Avg. Annual Appreciation
7.23%
Original Mortgage
$321,900
Outstanding Balance
$316,445
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$169,053

Purchase Details

Listed on
Dec 18, 2017
Closed on
Apr 2, 2018
Sold by
Esteves John
Bought by
Borchers Donna
Seller's Agent
Lisa Hassenfeldt
Lisa & Associates RE
Buyer's Agent
Seamus Costigan
Marr Caruso Realty Group
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%
Original Mortgage
$145,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 1993
Sold by
Delorenzo George and Delorenzo Elisa
Bought by
Esteves John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,900
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in Derby, CT

  • 10 Bank St Unit 12, Derby, CT 06418

    $410,000

    • 6 Beds
    • 2 Baths
    • 2,635 Sq Ft
    • 10 Bank St
    • Unit 12
    • Derby, CT

    Wonderful two family house on a convenient location for either investment or owner occupy. Each unit has three bedrooms and one bathroom. Laundry with storage on site in basement. There is also a sizable commercial space on ground floor. (Check with the city please). Central heating and AC. The first floor unit is newly renovated.

    Li Zhang Golden Heights LLC

    Section Image
  • 118 New Haven Ave Unit 120, Derby, CT 06418

    $425,000

    • 4 Beds
    • 2 Baths
    • 2,638 Sq Ft
    • 118 New Haven Ave
    • Unit 120
    • Derby, CT

    Welcome to 118-120 New Haven Avenue - A Commuter's Paradise and Investor's Dream! This perfectly appointed 2-family home is an incredible opportunity for both homeowners and savvy investors alike. Located in an ideal commuter-friendly area, this property offers the best of convenience and potential. Each unit currently features 2 bedrooms and 1 bathroom, with a layout that easily allows for

    Michael Debiase Keller Williams Realty

    Section Image
  • 146 New Haven Ave, Derby, CT 06418

    $419,000

    • 6 Beds
    • 3 Baths
    • 3,453 Sq Ft
    • 146 New Haven Ave
    • Derby, CT

    Rare Find! Investors dream. Mixed use property residential over retail Don't miss out on this investment opportunity. WILL NOT LAST! Schedule your private tour today.

    Ramazan Trepca Century 21 Scala Group

    Section Image
  • 63 Minerva St, Derby, CT 06418

    $349,580

    • 4 Beds
    • 2 Baths
    • 1,920 Sq Ft
    • 63 Minerva St
    • Derby, CT

    Prime investment opportunity in the heart of Derby! This classic 1850-built duplex features two spacious 2-bedroom, 1-bath units. Fully occupied with a strong rent roll totaling $3,300/month-ideal for both investors and owner-occupants. First floor updated with luxury vinyl, second floor showcases beautifully refinished original hardwoods. Tenants are responsible for electric and gas. Property

    Davante Mallard eXp Realty

    Section Image
  • 269 Olivia St Unit 271, Derby, CT 06418

    $475,000

    • 4 Beds
    • 2 Baths
    • 2,502 Sq Ft
    • 269 Olivia St
    • Unit 271
    • Derby, CT

    Well-maintained 2-family home located on a quiet one-way street. This property offers 2,502 sq ft of living space across two units. Each unit includes 2 bedrooms, 1 full bathroom, and a den that can be used as an office or additional living space. First floor is heated by oil; second floor is heated by natural gas. Hardwood floors are present in several rooms. The first-floor unit is occupied by

    Lucy Billini-Artis BHGRE Gaetano Marra Homes

    Section Image
  • 69 Seymour Ave, Derby, CT 06418

    $425,000

    • 5 Beds
    • 3 Baths
    • 4,205 Sq Ft
    • 69 Seymour Ave
    • Derby, CT

    Welcome to 69 Seymour Avenue, nestled in the small city of Derby CT. This late 1800's two-family Victorian home is full of so much charm and is bursting with potential. With over 4,000 square feet of livable space and high ceilings throughout, this gem has so much to offer the savvy investor looking for their next project. The first floor consists of a townhouse-style setup with two spacious

    Gavin Thompson YellowBrick Real Estate LLC

    Section Image
  • 10 9th St Unit 12, Derby, CT 06418

    $495,000

    • 6 Beds
    • 3 Baths
    • 2,289 Sq Ft
    • 10 9th St
    • Unit 12
    • Derby, CT

    Fully Rented 3-Family with Versatile Layout! Perfect for owner-occupants or investors, this well-maintained and fully rented 3-family home sits in a desirable Derby neighborhood close to Route 8/34, Griffin Hospital, downtown, the train station, and shopping. Just 65 miles from New York City, this location offers both convenience and rental appeal. All three units feature 2 bedrooms and 1

    Fred Thompson US Asset Realty

    Section Image
  • 12 Summit St, Derby, CT 06418

    $349,900

    • 3 Beds
    • 2 Baths
    • 1,372 Sq Ft
    • 12 Summit St
    • Derby, CT

    Opportunity Knocks in Derby! Whether you're an investor looking to expand your portfolio or a Family seeking a home with income potential, 12 Summit Street is a must-see. This well-cared-for two-family home is perfectly situated in the heart of Derby, offering flexibility, comfort, and convenience. The first-floor unit features a spacious 1-bedroom layout with a full bath, inviting living space,

    Jerry Ansong eXp Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Executors Deed $429,400 None Available
Warranty Deed $265,000 --
Warranty Deed $108,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $321,900 Purchase Money Mortgage
Previous Owner $145,000 New Conventional
Previous Owner $100,900 Purchase Money Mortgage
Previous Owner $95,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $430,000 0.0% $169 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $429,900 +65.3% $169 / Sq Ft
03/29/2018 03/29/18 Sold $260,000 -5.5% $82 / Sq Ft
02/15/2018 02/15/18 Pending -- -- --
12/18/2017 12/18/17 For Sale $275,000 -- $86 / 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 $7,333 $169,750 $38,550 $131,200
2024 $7,333 $169,750 $38,570 $131,180
2023 $6,552 $169,750 $38,570 $131,180
2022 $6,552 $169,750 $38,570 $131,180
2021 $6,552 $169,750 $38,570 $131,180
2020 $6,283 $143,220 $38,570 $104,650
2019 $5,997 $143,220 $38,570 $104,650
2018 $5,639 $143,220 $38,570 $104,650
2017 $5,639 $143,220 $38,570 $104,650
2016 $5,639 $143,220 $38,570 $104,650
2015 $4,969 $139,020 $38,570 $100,450
2014 $4,969 $139,020 $38,570 $100,450
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170562755

SmartMLS

APN: DERB-000006-000008-000033