NOT LISTED FOR SALE

18 Mallory St Danbury, CT 06810

Estimated Value: $537,000 - $763,000

7 Beds
4 Baths
3,348 Sq Ft
$204/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $459,000 $137 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,170/month

23 Days on Market

Highlights

  • Deck
  • No HOA
  • Porch
  • Property is near public transit, shops, and bus stop
  • 2 Car Detached Garage
  • Public Transportation

About This Home

As of August 2018

One of the largest Multifamily lots in Danbury. Legal 3 family, Currently 4 family house. (tax card shows 3 units). Excellent location, corner lot, well maintained and newer mechanicals. Some newer appliances & first floor carpets are new, second floor carpets 4 years old. 1A-freshly painted, new carpet and new kitchen floor, 1B newer kitchen and newer carpet. Some units have newer windows, others were updated within the last 15 years. Yard is landscaped, roof less than 5 years old with 40 year shingles. 3 gas furnaces and 3 gas meters. Stoves are all electric and heat is all gas except the top floor unit which is electric. Separate 2 car garage along with 2 large shed units to store equipment, Both could be rented to tenants. Excellent investment: live in one unit and rent the others. Close to Morris Street school, I-84, down town, shopping, Danbury Mall. One lockbox with all keys on bilco door. Great condition and ALL 4 tenants have leases in place. Great investment!

Last Agent to Sell the Property

Donna Kuehn

Coldwell Banker Realty License #RES.0763302 Listed on: 06/10/2018

Coldwell Banker Realty

Last Buyer's Agent

Svetlana Mastrogiannis

William Raveis Real Estate License #RES.0762863

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,800

Year Built

  • Built in 1880

Lot Details

  • 0.29 Acre Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

  • Interior Basement Entry
  • Basement Storage

Parking

  • 2 Car Detached Garage
  • Parking Deck
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

  • Property is near public transit, shops, and bus stop

Schools

  • Morris Street Elementary School
  • Danbury High School

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Additional Features

  • Public Transportation
  • Gross Income $56,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,800

Year Built

Built in 1880

Lot Details

0.29 Acres

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2400
  • Public Record Living Room Sq Ft: 2400
  • Sq Ft Est Heated Below Grade: 948
  • Total Sq Ft: 3348
  • Year Built: 1880
  • Nearby Amenities: Health Club, Lake, Library, Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4390
  • Directions: corner house on Mallory St
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Description: Unfinished, Interior Access, Storage
  • Laundry Room Location: hookups in Basement
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage, Paved, Off Street Parking
  • Garages Number: 2
  • Driveway Type: Paved

Utilities

  • Heat Type: Baseboard, Hot Water, Zoned
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Assess Description: BOTH WATER AND SEWER CHARGES

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No
  • Property Manager Name: Ziad Ataya-owner

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.2900
  • Lot Description: Level Lot
  • Zoning: R3

Multi Family

  • Gross Annual Income: 56160
  • Unit Count: 4
  • Total Multi Family: 15
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 4800
  • Mil Rate Base: 28.950
  • Assessor Parcel Number: 72154

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2020
Sold by
Alberto Marc V
Bought by
Mallory Property Mgmt
Current Estimated Value
$683,226

Purchase Details

Closed on
Jan 16, 2020
Sold by
Mallory Property Mgmt Llc
Bought by
Alberto Marc V

Purchase Details

Closed on
Oct 4, 2019
Sold by
Alberto Marc V
Bought by
Mallory Property Mgmt Llc

Purchase Details

Listed on
Jun 10, 2018
Closed on
Aug 20, 2018
Sold by
18 Mallory Street Danb
Bought by
Alberto Marc V
Seller's Agent
Donna Kuehn
Coldwell Banker Realty
Buyer's Agent
Svetlana Mastrogiannis
William Raveis Real Estate
List Price
$450,000
Sold Price
$459,000
Premium/Discount to List
$9,000
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.45%
Original Mortgage
$344,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2006
Sold by
Hager Richard P
Bought by
Ataya John and Ataya Ziad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 1997
Sold by
Hager Richard P and Hager Mary
Bought by
Hager Richard P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mallory Property Mgmt -- None Available
Alberto Marc V -- None Available
Mallory Property Mgmt Llc -- --
Alberto Marc V $459,000 --
Ataya John $430,000 --
Hager Richard P $217,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hager Richard P $344,250
Previous Owner Hager Richard P $344,000
Previous Owner Hager Richard P $245,000
Previous Owner Hager Richard P $173,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Sold $459,000 +2.0% $137 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
06/10/2018 06/10/18 For Sale $450,000 -- $134 / Sq Ft
Source: SmartMLS

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 $7,928 $317,240 $76,790 $240,450
2024 $7,753 $317,240 $76,790 $240,450
2023 $7,401 $317,240 $76,790 $240,450
2022 $6,121 $216,900 $74,600 $142,300
2021 $5,986 $216,900 $74,600 $142,300
2020 $5,986 $216,900 $74,600 $142,300
2019 $5,986 $216,900 $74,600 $142,300
2018 $5,986 $216,900 $74,600 $142,300
2017 $4,800 $165,800 $71,100 $94,700
2016 $4,755 $165,800 $71,100 $94,700
2015 $4,686 $165,800 $71,100 $94,700
2014 $4,576 $165,800 $71,100 $94,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170093917

SmartMLS

APN: DANB-000013G-000000-000187

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