NOT LISTED FOR SALE

18 Summit St Danbury, CT 06810

Estimated Value: $471,791 - $594,000

4 Beds
2 Baths
2,148 Sq Ft
$256/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $421,000 $196 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,493/month

56 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Wrap Around Porch
  • Attic
  • 2 Car Detached Garage
  • Public Transportation

About This Home

As of July 2021

This two unit multi family home is in great condition, & is a great opportunity to live in one unit, rent the other. A gracious wrap around porch leads to main level, into a spacious living room, then to a large dining room, both having beautiful hardwood floors. Master bedroom has new carpeting, & both bedrooms are good size, & there is a nice bath. Kitchen has plenty of cabinet & counter space, & stainless appliances. Newly painted, immaculately clean, & move in ready! UPPER LEVEL UNIT has large living room, & opens to a nice sized covered porch. This room, with hardwood floor, has a dividing wall, with a large opening, so it can be used as one large room, or smaller room can be used as office, whatever suits your needs. Separate dining room adjoins kitchen, with newer appliances. Bedrooms are newly carpeted, & bath is updated. This unit is also move in ready. Large walk up attic provides great storage space, accessible to both units. Dry Basement also has interior access to both units, providing storage space, washer/dryer hook up for each unit, & separate utilities. This home is nicely set on a level lot, with a two car detached garage, good parking, & a nice back yard area. It has been well maintained, nicely updated, and is a great investment opportunity. Convenient to shopping, schools, entertainment, Downtown Danbury, & I-84, these units are great rental properties. BACK ON MARKET AS BUYER COULDN'T OBTAIN MORTGAGE-HIGHEST & BEST BY 3PM ON 6/23

Last Agent to Sell the Property

Beverly DiScala

William Raveis Real Estate License #RES.0779283 Listed on: 05/14/2021

William Raveis Real Estate

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

  • $4,943

Year Built

  • Built in 1914

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Home Design

  • 2,148 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shingle Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Attic

  • Attic Floors
  • Storage In Attic
  • Walkup Attic

Unfinished Basement

  • Interior Basement Entry
  • Basement Storage

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Wrap Around Porch

Location

  • Property is near public transit
  • Property is near shops

Schools

  • Ellsworth Elementary School
  • Broadview Middle School
  • Danbury High School

Utilities

  • Floor Furnace
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,943

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Neighborhood: Germantown
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2148
  • Public Record Living Room Sq Ft: 2148
  • Total Sq Ft: 2148
  • Year Built: 1914
  • Nearby Amenities: Health Club, Lake, Library, Medical Facilities, Park, Public Transportation, Shopping/Mall
  • Remarks Public Addendum: BACK ON MARKET AS BUYER COULDN'T OBTAIN MORTGAGE HIGHEST AND BEST BY 3PM ON WEDNESDAY 6/23
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4404
  • Directions: White St, Right onto Locust Ave, left onto Osborne St, Right onto Summit St
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up, Floored, Storage Space
  • Basement Description: Unfinished, Interior Access, Storage
  • Laundry Room Location: Washer Dryer Hook Ups in Basement
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 18

Exterior Features

  • Exterior Features: Porch, Porch-Wrap Around
  • Exterior Siding: Shingle
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Heat Type: Steam
  • 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: Ellsworth
  • Middle School: Broadview
  • High School: Danbury

Lot Info

  • Acres: 0.1800
  • Lot Description: Level Lot, Sloping Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R3

Multi Family

  • Unit Count: 2
  • Total Multi Family: 10
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4943
  • Total Assessed Value: 179100
  • Mil Rate Base: 27.600
  • Mil Rate Total: 27.600
  • Assessor Parcel Number: 79719

MLS Schools

  • Elementary School: Ellsworth
  • Middle Jr High School: Broadview
  • High School: Danbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2020
Sold by
Hodge Elton H and Hodge Kaydene A
Bought by
Shah Syed
Current Estimated Value
$550,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,800
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 1995
Sold by
Moran Theresa
Bought by
Hodge Elton and Hodge Kaydene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
7.89%
Mortgage Type
Unknown
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
Shah Syed $421,000 None Available
Shah Syed $421,000 None Available
Hodge Elton $110,000 --
Hodge Elton $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shah Syed $520,800
Previous Owner Hodge Elton $115,000
Previous Owner Hodge Elton $104,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $421,000 +11.1% $196 / Sq Ft
05/14/2021 05/14/21 For Sale $379,000 -- $176 / 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
2025 $6,915 $276,710 $60,340 $216,370
2024 $6,763 $276,710 $60,340 $216,370
2023 $6,456 $276,710 $60,340 $216,370
2022 $5,054 $179,100 $64,100 $115,000
2021 $4,943 $179,100 $64,100 $115,000
2020 $4,943 $179,100 $64,100 $115,000
2019 $4,943 $179,100 $64,100 $115,000
2018 $4,943 $179,100 $64,100 $115,000
2017 $3,972 $137,200 $61,000 $76,200
2016 $3,935 $137,200 $61,000 $76,200
2015 $3,877 $137,200 $61,000 $76,200
2014 $3,787 $137,200 $61,000 $76,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170399415

SmartMLS

APN: DANB-000012I-000000-000107