NOT LISTED FOR SALE

161 Caroline St Derby, CT 06418

8 Beds
4 Baths
2,407 Sq Ft
3,049 Sq Ft Lot

Last Sold October 28, 2022

Last sale price $385,000 $160 Per Sq Ft

64 Days on Market

Highlights

  • ENERGY STAR Certified Homes
  • No HOA
  • Public Transportation
  • Property is near public transit
  • Porch
  • 2-minute walk to Derby Green

About This Home

As of October 2022

FOUR FAMILY INVESTMENT OPPORTUNITY! Collect all rents or Live in one apartment & pay the mortgage with rental income! Four TWO Bedroom efficient, clean apartments! THIS HOME WAS GUTTED TO THE STUDS 2005-2006!!! *ENGINEERED PLANS APPROVED BY THE TOWN OF DERBY ON FILE & AVAILABLE* NO SHORTCUTS - ALL SEPARATE UTILITIES! Electric Heat with controllers in each room. (No furnaces to maintain)
Renovations included new Plumbing, HEAT, Energy Star Rated Electric (VERY EFFICIENT), insulation, walls, framing, windows, doors, paint, flooring. very LOW vacancy rate! LONG TIME TENANTS - RENTS COULD BE HIGHER!!! Plenty of on street parking! PRICED TO SELL! "AS IS CONDITION" APPROVED BUYERS ONLY PLEASE!

ADDITIONAL INCOME CAN BE MADE IF NEW OWNER INSTALLS COIN OPERATED LAUNDRY! - HOOKUP AVAILABLE IN UTILITY ROOM!!!
*Photos represent an unoccupied unit* Some exterior TLC needed & refreshing however apartments are clean efficient rents!

Last Agent to Sell the Property

RITA BLUE

Blue Real Estate License #REB.0756289 Listed on: 08/17/2022

Last Buyer's Agent

Clayton Janer

Clayton Property Brokers L.L.C License #REB.0755547

Clayton Property Brokers L.L.C

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,645

Year Built

  • Built in 1880

Lot Details

  • 3,049 Sq Ft Lot
  • Level Lot

Home Design

  • 2,407 Sq Ft Home
  • Flat Roof Shape
  • Stone Foundation
  • Stone Frame
  • Flat Tile Roof
  • Aluminum Siding
  • Stone

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 1 Car Garage
  • On-Street Parking

Outdoor Features

  • Exterior Lighting
  • Shed
  • Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Schools

  • Derby Elementary And Middle School
  • Derby High School

Additional Features

  • ENERGY STAR Certified Homes
  • Baseboard Heating

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,645

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2407
  • Public Record Living Room Sq Ft: 2407
  • Total Sq Ft: 2407
  • Year Built: 1880
  • Nearby Amenities: Library, Medical Facilities, Park, Private School(s), Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Remarks Public Addendum: BOMK due to Buyer not able to obtain FINANCING! WONDERFUL OPPORTUNITY TO OWN THIS MONEY MAKER 4 FAMILY INVESTMENT PROPERTY!
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Tax Year Updated Dt: 08/17/2022
  • Directions: Seymour Avenue To Caroline
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Description: Liveable Space
  • Laundry Room Location: Hookup available for coin operated
  • Attic: No
  • Street Number Modifier: 161

Exterior Features

  • Exterior Features: Lighting, Porch, Shed
  • Exterior Siding: Aluminum
  • Foundation Type: Stone
  • Roof Information: Flat
  • Swimming Pool: No
  • Construction Description: Stone

Garage/Parking

  • Garage Parking Info: On Street Parking
  • Garages Number: 1

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Derby
  • Middle School: Derby
  • High School: Derby

Green Features

  • Energy Features: Energy Star Rated

Lot Info

  • Acres: 0.0700
  • Lot Description: Level Lot
  • Zoning: CDD

Multi Family

  • Unit Count: 4
  • Total Multi Family: 16
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4645
  • Total Assessed Value: 120330
  • Mil Rate Base: 38.600
  • Mil Rate Total: 38.600
  • Assessor Parcel Number: 1095654

MLS Schools

  • Elementary School: Derby
  • Middle Jr High School: Derby
  • High School: Derby

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

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2022 10/28/22 Sold $385,000 -3.7% $160 / Sq Ft
09/19/2022 09/19/22 Price Changed $399,900 -10.9% $166 / Sq Ft
08/17/2022 08/17/22 For Sale $449,000 0.0% $187 / Sq Ft
08/01/2019 08/01/19 Rented $925 0.0% --
07/09/2019 07/09/19 Under Contract -- -- --
07/01/2019 07/01/19 For Rent $925 +2.8% --
12/01/2017 12/01/17 Rented $900 -5.3% --
08/15/2017 08/15/17 Under Contract -- -- --
04/04/2017 04/04/17 For Rent $950 +5.6% --
09/01/2015 09/01/15 Rented $900 0.0% --
09/01/2015 09/01/15 Rented $900 0.0% --
08/19/2015 08/19/15 Under Contract -- -- --
08/07/2015 08/07/15 For Rent $900 0.0% --
08/02/2015 08/02/15 Under Contract -- -- --
07/19/2015 07/19/15 For Rent $900 +20.0% --
11/01/2014 11/01/14 Rented $750 0.0% --
10/02/2014 10/02/14 Under Contract -- -- --
09/30/2014 09/30/14 For Rent $750 0.0% --
03/30/2014 03/30/14 Rented $750 0.0% --
02/28/2014 02/28/14 Under Contract -- -- --
02/13/2014 02/13/14 For Rent $750 -- --
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 $5,198 $120,330 $19,130 $101,200
2024 $5,198 $120,330 $19,180 $101,150
2023 $4,645 $120,330 $19,180 $101,150
2022 $4,645 $120,330 $19,180 $101,150
2021 $4,645 $120,330 $19,180 $101,150
2020 $4,505 $102,690 $19,180 $83,510
2019 $4,300 $102,690 $19,180 $83,510
2018 $4,043 $102,690 $19,180 $83,510
2017 $4,043 $102,690 $19,180 $83,510
2016 $4,043 $102,690 $19,180 $83,510
2015 $4,538 $126,980 $24,220 $102,760
2014 -- $126,980 $24,220 $102,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170517394

SmartMLS

APN: DERB M:8 B:5 L:168