NOT LISTED FOR SALE

18 Kneen St Unit 20 Shelton, CT 06484

Estimated Value: $422,858 - $570,000

6 Beds
2 Baths
3,994 Sq Ft
$126/Sq Ft Est. Value

Last Sold July 25, 2023

Last sale price $420,000 $105 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,149/month

5 Days on Market

Highlights

  • City View
  • Deck
  • Attic
  • Sunnyside Elementary School Rated 9+
  • Property is near public transit
  • No HOA

About This Home

As of July 2023

Welcome all investors! This spacious two-unit multifamily property features 3 bedrooms and 1 bathroom each unit. The first floor unit was recently renovated with an updated kitchen, bathroom, and flooring. The second floor unit has two bedrooms on one floor with a walk-up attic with a large bedroom and an open space for an office. Duplex offers easy access to shopping, parks, and major highways. Tenants are long term tenants and will convey with property. Current rents are below market value. Property will be sold 'AS IS' and inspections will be for informational purposes only. Please do not disturb tenants. Don't miss out on this opportunity to add this duplex to your portfolio.

Last Agent to Sell the Property

Pego Jean-Paul

Keller Williams Realty Prtnrs. License #RES.0823928 Listed on: 06/15/2023

Keller Williams Realty Prtnrs.

Last Buyer's Agent

Mateo Avila

Keller Williams Prestige Prop. License #RES.0821947

Keller Williams Prestige Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,738

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • City Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

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

Outdoor Features

  • Deck
  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

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

Schools

  • Shelton High School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Additional Features

  • Public Transportation
  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,738

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Neighborhood: Shelton Center
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2750
  • Public Record Living Room Sq Ft: 2750
  • Sq Ft Est Heated Below Grade: 1244
  • Total Sq Ft: 3994
  • Year Built: 1910
  • Nearby Amenities: Park, Playground/Tot Lot, Public Transportation, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Property is right off exit 14 on route 8 north. Take first right and property will be to your left.
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up
  • Basement Description: Full, Unfinished
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 18

Exterior Features

  • Exterior Features: Deck, Gutters, Lighting, Porch
  • Exterior Siding: Wood
  • Foundation Type: Slab
  • Roof Information: Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Heat Type: Gas on Gas
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1000
  • Lot Description: City Views
  • Zoning: CA-3

Multi Family

  • Gross Annual Income: 38400
  • Unit Count: 2
  • Total Multi Family: 13
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 3738
  • Total Assessed Value: 213990
  • Mil Rate Base: 17.470
  • Mil Rate Total: 17.470
  • Assessor Parcel Number: 290290

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Jul 25, 2023
Sold by
Merced Axel
Bought by
Leon Rocio R
Seller's Agent
Pego Jean-Paul
Keller Williams Realty Prtnrs.
Buyer's Agent
Mateo Avila
Keller Williams Prestige Prop.
List Price
$400,000
Sold Price
$420,000
Premium/Discount to List
$20,000
5%
Total Days on Market
5
Views
56
Current Estimated Value
$501,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,465
Avg. Annual Appreciation
9.36%
Original Mortgage
$313,750
Outstanding Balance
$307,679
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$187,945

Purchase Details

Closed on
May 6, 2005
Sold by
Retreat Enterprises Ll
Bought by
Merced Axel

Purchase Details

Closed on
May 30, 2000
Sold by
Sedlock Teresa M
Bought by
Freeman Cavalee
Source: Public Records

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Range of Values:

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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
Leon Rocio R $420,000 None Available
Leon Rocio R $420,000 None Available
Merced Axel $260,000 --
Merced Axel $260,000 --
Freeman Cavalee $80,000 --
Freeman Cavalee $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leon Rocio R $313,750
Closed Leon Rocio R $313,750
Previous Owner Freeman Cavalee $180,000
Previous Owner Freeman Cavalee $270,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2023 07/25/23 Sold $420,000 +5.0% $105 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $400,000 -- $100 / 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 $4,104 $213,990 $67,760 $146,230
2023 $3,738 $213,990 $67,760 $146,230
2022 $3,738 $213,990 $67,760 $146,230
2021 $3,346 $151,900 $47,880 $104,020
2020 $3,258 $145,320 $47,880 $97,440
2019 $3,258 $145,320 $47,880 $97,440
2017 $3,228 $145,320 $47,880 $97,440
2015 $2,947 $132,090 $37,240 $94,850
2014 $2,947 $132,090 $37,240 $94,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170577046

SmartMLS

APN: SHEL-000118C-000000-000069