NOT LISTED FOR SALE

Estimated Value: $293,000 - $376,000

6 Beds
3 Baths
2,600 Sq Ft
$125/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $240,000 $92 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,305/month

36 Days on Market

About This Home

As of August 2023

Introducing a remarkable investment opportunity! This prime property holds tremendous potential for value appreciation. Currently rented below market value, all tenants are on a flexible month-to-month lease, enabling swift adjustments to rental rates. The attractively priced property, with renovation needs factored in, offers an opportunity to create forced equity and maximize returns. Its strategic location near shopping, downtown, and various amenities will likely yield high tenant demand. Moreover, the property's proximity to Waterbury Hospital makes it an ideal choice for travel nurses seeking convenience. Additionally, the basement provides separate storage units, offering the potential for additional tenant storage income. Don't miss out on this exceptional chance to unlock hidden value and secure a potentially lucrative investment. Act now and capitalize on this promising opportunity!

Last Agent to Sell the Property

Cameron Norfleet

Triniyah Real Estate, LLC License #REB.0794930 Listed on: 05/31/2023

Last Buyer's Agent

Jessica Roberts

Great Estates, CT License #RES.0799248

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,310

Year Built

  • Built in 1904

Lot Details

  • 3,485

Parking

  • Driveway

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,600 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Balcony
  • Exterior Lighting

Additional Features

  • 3,485 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,310

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2600
  • Public Record Living Room Sq Ft: 2600
  • Total Sq Ft: 2600
  • Year Built: 1904
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Tax Year Updated Dt: 06/12/2023
  • Directions: Use GPS
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Attic: Yes
  • Street Number Modifier: 18

Exterior Features

  • Exterior Features: Balcony, Lighting
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway

Utilities

  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: 40 Gallon Tank, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.0800
  • Lot Description: Not Applicable
  • Zoning: RM

Multi Family

  • Unit Count: 3
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 7310
  • Total Assessed Value: 134890
  • Mil Rate Base: 54.190
  • Mil Rate Total: 54.190
  • Assessor Parcel Number: 1380999

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2024
Sold by
18 Wilson Llc
Bought by
Msd Realty Group Llc
Current Estimated Value
$328,667

Purchase Details

Listed on
May 31, 2023
Closed on
Aug 28, 2023
Sold by
Barros Joao
Bought by
18 Wilson Llc
Seller's Agent
Cameron Norfleet
Triniyah Real Estate, LLC
Buyer's Agent
Jessica Roberts
Great Estates, CT
List Price
$279,900
Sold Price
$240,000
Premium/Discount to List
-$39,900
-14.26%
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.07%
Original Mortgage
$307,200
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2007
Sold by
Dagraca Sylvestre A
Bought by
Barros Joao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,910
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2006
Sold by
Department Of Housing & Urban Dev
Bought by
Dagrach Sylvestre A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2001
Sold by
Iljazi Gezim and Iljazi Urime
Bought by
Torres Angel

Purchase Details

Closed on
Jul 10, 1990
Sold by
Derosa Robert
Bought by
Iljazi Gezim
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
Msd Realty Group Llc -- None Available
Msd Realty Group Llc -- None Available
18 Wilson Llc $240,000 None Available
18 Wilson Llc $240,000 None Available
Barros Joao $179,900 --
Barros Joao $179,900 --
Dagrach Sylvestre A $126,000 --
Dagrach Sylvestre A $126,000 --
Torres Angel $83,000 --
Torres Angel $83,000 --
Iljazi Gezim $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 18 Wilson Llc $307,200
Previous Owner Iljazi Gezim $161,910
Previous Owner Iljazi Gezim $119,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $240,000 -14.3% $92 / Sq Ft
07/06/2023 07/06/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $279,900 -- $108 / 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 $6,067 $134,890 $13,370 $121,520
2024 $6,669 $134,890 $13,370 $121,520
2023 $7,310 $134,890 $13,370 $121,520
2022 $4,138 $68,720 $13,390 $55,330
2021 $4,138 $68,720 $13,390 $55,330
2020 $4,138 $68,720 $13,390 $55,330
2019 $4,138 $68,720 $13,390 $55,330
2018 $4,138 $68,720 $13,390 $55,330
2017 $3,848 $63,910 $13,390 $50,520
2016 $3,848 $63,910 $13,390 $50,520
2015 $3,721 $63,910 $13,390 $50,520
2014 $3,721 $63,910 $13,390 $50,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170574054

SmartMLS

APN: WATE-000271-000033-000110