NOT LISTED FOR SALE

196 Elizabeth St Derby, CT 06418

Estimated Value: $1,304,133

9 Beds
6 Baths
10,084 Sq Ft
$129/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $900,000 $89 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $8,138/month

4 Days on Market

Highlights

  • Property is near public transit
  • Public Transportation
  • Coin Laundry
  • No HOA
  • Ceiling Fan
  • 3-minute walk to Derby Green

About This Home

As of March 2021

Apt#7 - 3 bed, 1 bath , $1,245 Lease Exp.02/28/21
Apt#8 - 3 bed, 1 bath, &1,100 Month to month
Apt#9 - 3 bed, 1 bath, $1,300 Lease Exp.05/31/21
#10 General Retail 2,084sqf plus storage 1,410sqf, can generate additional income
Total Residential - 4 - 1bed, 1bath. 1 - 2 bed, 1 bath. 4 - 3 bed, 1 bath
Building was totally renovated within last 2 years including new flat roof, windows, doors, kitchens, bathrooms, heating and water heaters and more.
New coin-op laundry room. Separate storages for each unit in the basement. Everything is up to building and fire code. Each unit has own gas and electric meter.

Last Agent to Sell the Property

Grace Danek-Medynska

Danek Real Estate Services License #REB.0756589 Listed on: 01/17/2021

Last Buyer's Agent

Joseph Martino

Joseph Martino Real Estate License #REB.0792369

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,466

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Sloped Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation
  • Flat Tile Roof
  • Masonry Siding

Interior Spaces

  • 10,084 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Basement

  • Shared Basement
  • Basement Storage

Parking

  • 1 Car Garage
  • Basement Garage
  • Tuck Under Garage

Additional Features

  • Property is near public transit
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Amenities

  • Public Transportation
  • Coin Laundry

Building Details

  • Gross Income $104,251

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,466

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Downtown
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 10084
  • Total Sq Ft: 10084
  • Year Built: 1900
  • Nearby Amenities: Library, Medical Facilities, Park, Public Transportation
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 10084
  • Directions: Elizabeth st to 196 corner of 6th St and Elizabeth
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Basement Description: Shared Basement, Storage
  • Laundry Room Location: Coin-op Laundry in the building
  • Laundry Room Info: Coin Op Laundry, Common Laundry Area
  • Attic: No

Exterior Features

  • Exterior Siding: Brick
  • Foundation Type: Stone
  • Roof Information: Flat
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage Parking Info: Under House Garage
  • Garages Number: 1

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Hot Air, No Heat
  • 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

Lot Info

  • Acres: 0.0900
  • Lot Description: Sloping Lot
  • Zoning: R-5

Multi Family

  • Gross Annual Income: 104251
  • Unit Count: 6
  • Total Multi Family: 17
  • Total Num Of Units: 10

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 13466
  • Mil Rate Base: 43.870
  • Assessor Parcel Number: 1095776

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
Jul 13, 2021
Sold by
Lornespi Holdings Llc
Bought by
Nl196 Elizabeth St Llc
Current Estimated Value
$1,304,133

Purchase Details

Listed on
Jan 17, 2021
Closed on
Mar 29, 2021
Sold by
Siciak Jacek
Bought by
Lornespi Holdings Llc
Seller's Agent
Grace Danek-Medynska
Danek Real Estate Services
Buyer's Agent
Joseph Martino
Joseph Martino Real Estate
List Price
$875,000
Sold Price
$900,000
Premium/Discount to List
$25,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$567,450
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 4, 2017
Closed on
Feb 23, 2017
Sold by
Giardano Angelo
Bought by
Siciak Jacek
Seller's Agent
Joseph Fasone
Sunset Creek Realty, LLC
Buyer's Agent
Danek Real E Danek-Medynska
Danek Real Estate Services, LLC
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.66%

Purchase Details

Closed on
Oct 17, 2007
Sold by
Cozy Corner Apartment
Bought by
Giordano Angelo

Purchase Details

Closed on
Jan 5, 2001
Sold by
Giordano Angelo
Bought by
Cozy Corner Apts Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.69%
Mortgage Type
Commercial
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
Nl196 Elizabeth St Llc -- None Available
Lornespi Holdings Llc $873,000 None Available
Siciak Jacek $465,000 --
Giordano Angelo -- --
Cozy Corner Apts Llc $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lornespi Holdings Llc $567,450
Previous Owner Cozy Corner Apts Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2021 03/15/21 Sold $900,000 +2.9% $89 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
01/17/2021 01/17/21 For Sale $875,000 +88.2% $87 / Sq Ft
02/23/2017 02/23/17 Sold $465,000 -2.1% $46 / Sq Ft View Prior Sale
01/15/2017 01/15/17 For Sale $475,000 0.0% $47 / Sq Ft
01/15/2017 01/15/17 Pending -- -- --
01/04/2017 01/04/17 For Sale $475,000 -- $47 / 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 $14,602 $338,000 $41,330 $296,670
2024 $14,602 $338,000 $41,340 $296,660
2023 $13,047 $338,000 $41,340 $296,660
2022 $13,047 $338,000 $41,340 $296,660
2021 $13,047 $338,000 $41,340 $296,660
2020 $13,466 $306,950 $41,300 $265,650
2019 $12,852 $306,950 $41,300 $265,650
2018 $9,954 $252,840 $41,300 $211,540
2017 $9,954 $252,840 $41,300 $211,540
2016 $9,954 $252,840 $41,300 $211,540
2015 $7,756 $217,000 $41,300 $175,700
2014 $7,756 $217,000 $41,300 $175,700
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Grace Danek-Medynska

    Danek Real Estate Services

    Section Image
  • Joseph Martino

    Buyer's Agent in 2021

    Joseph Martino

    Joseph Martino Real Estate

    (203) 671-2384

    12 in this area

    55 Total Sales

    Joseph Martino
    Section Image
  • Joseph Fasone

    Seller's Agent in 2017

    Joseph Fasone

    Sunset Creek Realty, LLC

    (203) 772-5712

    52 Total Sales

    Joseph Fasone
    Section Image

  • D

    Buyer's Agent in 2017

    Danek Real E Danek-Medynska

    Danek Real Estate Services, LLC

See All Agents

Map

Source: SmartMLS

MLS Number: 170366500

SmartMLS

APN: DERB-000008-000007-000187

Connecticut New Haven County Derby 06418

196 Elizabeth St, Derby, CT

Not Listed for Sale

MultiFamily

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