NOT LISTED FOR SALE

Estimated Value: $412,049

6 Beds
4 Baths
4,985 Sq Ft
$83/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $300,000 $60 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,607/month

143 Days on Market

Highlights

  • Attic
  • No HOA
  • Baseboard Heating
  • Corner Lot
  • Central Air

About This Home

As of January 2021

EXCELLENT INVESTMENT OPPORTUNITY! ALMOST 5,000 S.F. MIXED USE RETAIL/APARTMENT BUILDING-CG ZONED! CONSISTING OF A TWO FAMILY WITH 3 BEDROOMS ON EACH FLOOR AND A FIRST FLOOR RESTAURANT/BAR BUSINESS (FORMERLY HOUSED MARRONE RESTAURANT). REAL ESTATE ONLY BEING SOLD FOR $299,900. RESTAURANT/BAR BUSINESS & EQUIPMENT $25,000. CORNER LOT WITH PAVED PARKING LOT. GREAT LOCATION WITH HIGH VISIBILITY AND HEAVY TRAFFIC ON MAIN ARTERY.

Last Agent to Sell the Property

Judith Caputo

Advantage Realty Group, Inc. License #REB.0751026 Listed on: 03/02/2020

Co-Listed By

Rocco Caputo

Advantage Realty Group, Inc. License #RES.0801072

Last Buyer's Agent

Judith Caputo

Advantage Realty Group, Inc. License #REB.0751026 Listed on: 03/02/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,135

Year Built

  • Built in 1926

Lot Details

  • 9,148 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 4,985 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,135

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Neighborhood: East End
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 4985
  • Public Record Living Room Sq Ft: 4985
  • Total Sq Ft: 4985
  • Year Built: 1926
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Tax Year Updated Dt: 07/13/2020
  • Directions: 1980 EAST MAIN STREET (FORMERLY HOUSED MARRONE RESTAURANT AND BAR)
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Description: Full
  • Attic: Yes
  • Street Number Modifier: 1980

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard, Hot Air
  • Heat Fuel Type: Electric, 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: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.2100
  • Lot Description: Corner Lot, Level Lot
  • Zoning: CG

Multi Family

  • Unit Count: 3
  • Total Multi Family: 10
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 13135
  • Total Assessed Value: 218150
  • Mil Rate Base: 60.210
  • Mil Rate Total: 60.210
  • Assessor Parcel Number: 1390580

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
Oct 18, 2022
Sold by
Ncjj Renovation Llc
Bought by
Vle 7 Llc
Current Estimated Value
$412,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$265,011
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$145,627

Purchase Details

Closed on
Oct 29, 2013
Sold by
1980 E Main St Llc
Bought by
Savings Bank Of Danbur

Purchase Details

Closed on
Dec 14, 2012
Sold by
Metro Financial Group
Bought by
Global Inv Llc

Purchase Details

Closed on
Oct 12, 2012
Sold by
Metro Financial Group
Bought by
Global Inv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$671,734
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 2011
Sold by
Private Mortgage Fund
Bought by
Metro Financial Group

Purchase Details

Closed on
May 17, 2011
Sold by
Fernandes Thomas and Shatas Lisa
Bought by
Private Mtg Fund Llc

Purchase Details

Closed on
Nov 26, 2007
Sold by
Mildred A Morrone T A and Mildred Mowad
Bought by
White City Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
12%
Mortgage Type
Commercial
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
Vle 7 Llc $295,000 None Available
Savings Bank Of Danbur -- --
Global Inv Llc $362,729 --
Global Inv Llc $362,729 --
Metro Financial Group -- --
Private Mtg Fund Llc -- --
White City Properties $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vle 7 Llc $275,000
Previous Owner White City Properties $671,734
Previous Owner White City Properties $415,000
Previous Owner White City Properties $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2021 01/21/21 Sold $300,000 0.0% $60 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
07/03/2020 07/03/20 Price Changed $299,900 -6.3% $60 / Sq Ft
05/01/2020 05/01/20 For Sale $319,900 0.0% $64 / Sq Ft
03/30/2020 03/30/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $319,900 -- $64 / 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 $12,742 $283,290 $50,890 $232,400
2024 $14,006 $283,290 $50,890 $232,400
2023 $15,351 $283,290 $50,890 $232,400
2022 $13,135 $218,150 $50,880 $167,270
2021 $13,135 $218,150 $50,880 $167,270
2020 $13,135 $218,150 $50,880 $167,270
2019 $13,135 $218,150 $50,880 $167,270
2018 $13,135 $218,150 $50,880 $167,270
2017 $13,926 $231,290 $50,880 $180,410
2016 $13,926 $231,290 $50,880 $180,410
2015 $13,466 $231,290 $50,880 $180,410
2014 $13,466 $231,290 $50,880 $180,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170277587

SmartMLS

APN: WATE-000397-000112-000012