NOT LISTED FOR SALE

Estimated Value: $572,000 - $705,000

6 Beds
3 Baths
2,716 Sq Ft
$229/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $400,000 $147 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,047/month

60 Days on Market

Highlights

  • City View
  • No HOA
  • Public Transportation
  • Property is near public transit
  • Porch
  • Ceiling Fan

About This Home

As of February 2021

Desirable CG-20 Zone - Two-Family close to Danbury Hospital and WCSU. Substantial renovations in 2014 to exterior, heat/hot water system and first floor unit Spacious three-bedroom first floor unit with extra-large living/dining area in high demand as the property is always occupied, often with long-term tenants. Off-street parking with one handicap parking space at front door. Second floor offers two bedrooms, living/dining area and a large den with laundry hookup, 2nd rear entrance from private parking area with convenient access to very large secure storage units that can be rented separately. Ideal arrangement for tradesmen needing easy load/unload. Current rents are under market rates. This listing is available with adjacent #170 Osborne Street and #170-1/2 Osborne Street (same parcel) (MLS#170343589) that adds an additional three units to the portfolio. Ideal five-unit investment available for $779,000. These properties have been proudly maintained by one family for generations.

Last Agent to Sell the Property

Mike McLachlan

eXp Realty License #REB.0790544 Listed on: 10/06/2020

eXp Realty

Last Buyer's Agent

JoAnn Kretkowski

RE/MAX Right Choice License #RES.0787090

RE/MAX Right Choice

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,272

Year Built

  • Built in 1947

Lot Details

  • 10,019

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Vertical Siding
  • Cement Siding

Interior Spaces

  • 2,716 Sq Ft Home
  • Ceiling Fan
  • City Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • Handicap Parking
  • Shared Driveway
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near shops

Schools

  • Danbury High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Porch
  • 10,019 Sq Ft Lot

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Additional Features

  • Public Transportation
  • Gross Income $35,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,272

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Neighborhood: Germantown
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2716
  • Public Record Living Room Sq Ft: 2716
  • Total Sq Ft: 2716
  • Year Built: 1947
  • Nearby Amenities: Health Club, Lake, Library, Medical Facilities, Park, Private School(s), Public Transportation, Shopping/Mall
  • Remarks Public Addendum: LAST/BEST OFFERS FOR THIS LISTING AND MLS#170343589 (#170 Osborne Street and #170-1/2 Osborne Street on same parcel) SOLD AS A PACKAGE DEAL ARE DUE FRIDAY 10/16/20 AT NOON.
  • Property Sub Type: 2 Family
  • Handicap Features: Handicap Parking
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4834
  • Directions: Osborne Street between Somers Street and Melrose Avenue.
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Partial With Walk-Out
  • Laundry Room Info: Hook-Up In Unit 2
  • Attic: No
  • Street Number Modifier: 168

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Vertical Siding, Wood, Cement Block
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Assigned Parking, Off Street Parking
  • Driveway Type: Shared

Utilities

  • Cooling System: Ceiling Fans, Window Unit
  • Heat Type: Baseboard, Hot Air
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: 40 Gallon Tank, Electric, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Danbury
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.2300
  • Lot Description: City Views
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: CG20

Multi Family

  • Gross Annual Income: 35700
  • Net Operating Income: 23793
  • Unit Count: 2
  • Total Multi Family: 10
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 8272
  • Total Assessed Value: 299700
  • Mil Rate Base: 27.600
  • Mil Rate Total: 27.600
  • Assessor Parcel Number: 83537

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Danbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Feb 19, 2021
Sold by
Laura B Cahill 2015 Ret
Bought by
Fernandez Bianca R
Seller's Agent
Mike McLachlan
eXp Realty
Buyer's Agent
JoAnn Kretkowski
RE/MAX Right Choice
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Current Estimated Value
$623,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,074
Avg. Annual Appreciation
10.11%
Original Mortgage
$300,000
Outstanding Balance
$268,317
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$354,757
Source: Public Records

Range of Values:

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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
Fernandez Bianca R $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Bianca R $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2021 02/19/21 Sold $400,000 -5.9% $147 / Sq Ft
12/05/2020 12/05/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $425,000 0.0% $156 / Sq Ft
03/01/2012 03/01/12 Rented $900 0.0% --
01/31/2012 01/31/12 Under Contract -- -- --
01/05/2012 01/05/12 For Rent $900 -- --
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 $8,767 $350,840 $88,480 $262,360
2024 $8,575 $350,840 $88,480 $262,360
2023 $8,185 $350,840 $88,480 $262,360
2022 $8,455 $299,600 $103,200 $196,400
2021 $8,272 $299,700 $103,300 $196,400
2020 $8,272 $299,700 $103,300 $196,400
2019 $8,272 $299,700 $103,300 $196,400
2018 $8,272 $299,700 $103,300 $196,400
2017 $6,548 $226,200 $98,400 $127,800
2016 $8,524 $297,200 $169,400 $127,800
2015 $7,387 $261,400 $137,800 $123,600
2014 $7,215 $261,400 $137,800 $123,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170343586

SmartMLS

APN: DANB-000012J-000000-000191