$403,000
SOLD AUG 22, 2024

181 Seymour Ave Derby, CT 06418

3 Beds
2 Baths
3,136 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$129 Per Sq Ft

15% Above List Price

3 Days on Market

Highlights

  • Attic
  • Porch
  • Central Air
  • Thermal Windows
  • Storm Windows
  • Concrete Flooring

About This Home

As of August 2024

Offer deadline is tomorrow, Friday, 8/9/24 by 1:00 pm. Exceptional Multifamily Home Near Griffin Hospital - A Prime Investment with Unmatched Convenience! Discover the unique beauty of this two-family home, offering 2,291 sq ft (per Matterport) of versatile living space in a sought-after neighborhood. Just blocks from Griffin Hospital, this property stands out as a prime choice for healthcare professionals desiring a short commute, & investors/families looking for a comfortable community lifestyle. - Proximity to Griffin Hospital: Ideal for healthcare staff seeking easy access to work. - Investment Potential: High rental demand and potential for a stable income stream. - Family-Friendly Features: Quiet, safe corner lot with spacious living areas perfect for family gatherings. - Unit 1, Main Level: 843 sq ft featuring 1 bedroom, 1 full bathroom, a cozy family room, and a functional kitchen. - Unit 2, Second & Third Levels: 1,450 sq ft with 2 spacious bedrooms, 1 full bathroom, a modern kitchen, an inviting family room, and a formal dining room. - Parking: 1-car attached garage, and ample parking space. This property offers a strategic location and combines investment appeal with lifestyle benefits, making it a standout choice! Note: A 6.8 cap rate was calculated using estimated rental income & operational costs. The property is perfect for immediate income or long-term investment growth. Items remaining in the house at closing to be removed by the buyer.

Last Agent to Sell the Property

Paula Bachman

Property Choices Real Estate License #REB.0791411 Listed on: 08/06/2024

Last Buyer's Agent

Kelly Higgins

Coldwell Banker Realty License #RES.0780406

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,715

Year Built

  • Built in 1909

Lot Details

  • 9,148 Sq Ft Lot

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Ridge Vents on the Roof
  • Cedar Siding

Interior Spaces

  • Thermal Windows
  • Concrete Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Attic

  • Storage In Attic
  • Attic or Crawl Hatchway Insulated

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Storage

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 1 Car Garage
  • Driveway

Outdoor Features

  • Exterior Lighting
  • Rain Gutters
  • Porch

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1094339

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,715

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2293
  • Sq Ft Est Heated Below Grade: 843
  • Total Sq Ft: 3136
  • Year Built: 1909
  • New Construction: No/Resale
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS. You can park in the driveway or on the side street (Mason Street).
  • Financing Used: Cash
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Storage Space, Access Via Hatch
  • Basement Description: Full, Unfinished, Storage, Interior Access, Concrete Floor, Full With Hatchway
  • Laundry Room Location: Basement (Unit 1); Kitchen (Unit 2)
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 181
  • Other SqFt Description: Per Matterport Floorplans 8/2024

Exterior Features

  • Exterior Features: Porch, Gutters, Lighting
  • Exterior Siding: Cedar
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Driveway Type: Paved
  • Total Parking Spaces: 4
  • Garage And Parking: Attached Garage, Paved, Off Street Parking, Driveway

Utilities

  • Cooling System: Central Air, Wall Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas, Oil, 30 Gallon Tank, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Green Features

  • Energy Features: Ridge Vents, Storm Doors, Storm Windows, Thermopane Windows

Lot Info

  • Acres: 0.21
  • Lot Description: Corner Lot Level Lot
  • Zoning: R-5
  • Parcel #: 1094339

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 5715
  • Total Assessed Value: 132300
  • Mil Rate Total: 43.2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2024
Closed on
Aug 21, 2024
Sold by
Marino Ernest
Bought by
Higgins Edward P and Higgins Kelly A
Seller's Agent
Paula Bachman
Property Choices Real Estate
Buyer's Agent
Kelly Higgins
Coldwell Banker Realty
List Price
$350,000
Sold Price
$403,000
Premium/Discount to List
$53,000
15.14%
Views
91
Current Estimated Value
$427,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,919
Avg. Annual Appreciation
2.74%

Purchase Details

Closed on
Jul 12, 1980
Bought by
Marino Ernest
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $403,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $370,000 No Value Available
Previous Owner $11,120 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2024 08/22/24 Sold $403,000 +15.1% $129 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
08/06/2024 08/06/24 For Sale $350,000 -- $112 / 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 $5,715 $132,300 $37,000 $95,300
2024 $5,715 $132,300 $36,960 $95,340
2023 $5,107 $132,300 $36,960 $95,340
2022 $5,107 $132,300 $36,960 $95,340
2021 $5,107 $132,300 $36,960 $95,340
2020 $4,514 $102,900 $36,960 $65,940
2019 $4,308 $102,900 $36,960 $65,940
2018 $4,051 $102,900 $36,960 $65,940
2017 $4,051 $102,900 $36,960 $65,940
2016 $4,051 $102,900 $36,960 $65,940
2015 $3,570 $99,890 $36,960 $62,930
2014 $3,570 $99,890 $36,960 $62,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24037623

SmartMLS

APN: DERB-000008-000009-000169