NOT LISTED FOR SALE

178 N Main St Naugatuck, CT 06770

Estimated Value: $534,088

-- Bed
-- Bath
5,178 Sq Ft
$103/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $415,000 $80 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,875/month

36 Days on Market

Highlights

  • Corner Lot
  • 1 Car Detached Garage
  • Heating System Uses Steam
  • No HOA
  • Porch
  • Wood Siding

About This Home

As of November 2021

Mixed use property. There is a bar on the first floor, second floor has two 2 Bedroom units, third floor has one 2 bedroom unit and one 3 Bedroom unit.
The tenants in all the apartments pay $750.00 per month. The apartment rents are well below current rental prices. The bar pays $2215.00 per month which is a triple net lease. The bar has dual zoned ductless heat. The apartments all have gas heat. Each apartment has a gas boiler and hot water tank within the unit.

Last Agent to Sell the Property

Carolyn Butkevich

Regency Real Estate, LLC License #RES.0798102 Listed on: 07/05/2021

Regency Real Estate, LLC

Last Buyer's Agent

Ned Osterhus

Coldwell Banker Realty License #RES.0808547

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,606

Year Built

  • Built in 1911

Lot Details

  • 3,920 Sq Ft Lot
  • Corner Lot

Home Design

  • Side-by-Side
  • Flat Roof Shape
  • Stone Foundation
  • Frame Construction
  • Flat Tile Roof
  • Wood Siding

Interior Spaces

  • 5,178 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Detached Garage
  • Shared Driveway

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Gross Income $62,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,606

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Neighborhood: Union City
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 5178
  • Public Record Living Room Sq Ft: 5178
  • Total Sq Ft: 5178
  • Year Built: 1911
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 7754
  • Tax Year Updated Dt: 07/19/2021
  • Directions: Off route 8 to North Main ST
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Description: Full
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No
  • Street Number Modifier: 178

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Wood
  • Foundation Type: Stone
  • Roof Information: Flat
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1
  • Driveway Type: Shared

Utilities

  • Heat Type: Gas on Gas, Steam
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: 30 Gallon Tank
  • 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: Per Board of Ed
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.0900
  • Lot Description: Corner Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R8

Multi Family

  • Gross Annual Income: 62000
  • Total Num Of Units: 5

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 10606
  • Total Assessed Value: 222120
  • Mil Rate Base: 47.750
  • Mil Rate Total: 47.750
  • Assessor Parcel Number: 1231968

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2021
Closed on
Nov 19, 2021
Sold by
178 N Main Street Llc
Bought by
178 North Main Street Llc
Seller's Agent
Carolyn Butkevich
Regency Real Estate, LLC
Buyer's Agent
Ned Osterhus
Coldwell Banker Realty
List Price
$435,000
Sold Price
$415,000
Premium/Discount to List
-$20,000
-4.6%
Total Days on Market
36
Current Estimated Value
$534,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,088
Avg. Annual Appreciation
7.61%

Purchase Details

Listed on
May 15, 2020
Closed on
Dec 15, 2020
Sold by
178-186 North Main St Llc
Bought by
178 N Main Street Llc
Seller's Agent
Michael Vitale
Vitale Realty
Buyer's Agent
Carolyn Butkevich
Regency Real Estate, LLC
List Price
$399,900
Sold Price
$361,000
Premium/Discount to List
-$38,900
-9.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.17%
Original Mortgage
$270,750
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2014
Sold by
Behlman Llc
Bought by
178-186 N Main St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 18, 2005
Sold by
Old Corner Cafe Inc
Bought by
Behlman Llc
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
178 North Main Street Llc $415,000 None Available
178 N Main Street Llc $361,000 None Available
178-186 N Main St Llc $285,000 --
Behlman Llc $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 178 N Main Street Llc $270,750
Previous Owner Old Corner Cafe $150,000
Previous Owner Old Corner Cafe $183,618
Previous Owner Old Corner Cafe $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $415,000 -4.6% $80 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
07/05/2021 07/05/21 For Sale $435,000 +20.5% $84 / Sq Ft
12/15/2020 12/15/20 Sold $361,000 -9.7% $70 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $399,900 -- $77 / 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
2024 $12,491 $298,900 $53,620 $245,280
2023 $13,376 $298,900 $53,620 $245,280
2022 $10,606 $222,120 $53,440 $168,680
2021 $10,606 $222,120 $53,440 $168,680
2020 $10,606 $222,120 $53,440 $168,680
2019 $10,495 $222,120 $53,440 $168,680
2018 $9,991 $206,640 $50,890 $155,750
2017 $10,032 $206,640 $50,890 $155,750
2016 $9,851 $206,640 $50,890 $155,750
2015 $9,417 $206,640 $50,890 $155,750
2014 $9,311 $206,640 $50,890 $155,750
2012 $5,771 $172,010 $37,800 $134,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170416937

SmartMLS

APN: NAUG-000033-E004317-000180