NOT LISTED FOR SALE

220 Derby Ave Unit 222 Derby, CT 06418

Estimated Value: $220,378 - $338,000

5 Beds
3 Baths
1,326 Sq Ft
$223/Sq Ft Est. Value

Last Sold September 21, 2021

Last sale price $203,100 $153 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,700/month

95 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Level Lot
  • Property is near a bus stop

About This Home

As of September 2021

INVESTORS TAKE NOTICE! Cash Cow! Two family home generating $2,500 in Monthly income. Long term tenants. Numbers work! Collect rent from one unit and enjoy the Naugatuck River view from the second unit.

Last Agent to Sell the Property

Ramazan Trepca

Century 21 Scala Group License #RES.0769267 Listed on: 03/22/2021

Century 21 Scala Group

Last Buyer's Agent

Walter Suin Chin

eXp Realty License #RES.0802429

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,621

Year Built

  • Built in 1874

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 1,326 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near a bus stop

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,621

Year Built

Built in 1874

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1326
  • Public Record Living Room Sq Ft: 1326
  • Total Sq Ft: 1326
  • Year Built: 1874
  • Nearby Amenities: Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Tax Year Updated Dt: 08/09/2021
  • Directions: Division street to Derby Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Crawl Space
  • Attic: No

Exterior Features

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

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard, Hot Air
  • Heat Fuel Type: Electric
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1000
  • Lot Description: Level Lot, Sloping Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R-5

Multi Family

  • Gross Annual Income: 30000
  • Unit Count: 2
  • Total Multi Family: 11
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 1621
  • Mil Rate Base: 38.600
  • Assessor Parcel Number: 1093679

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
Mar 22, 2021
Closed on
Sep 3, 2021
Sold by
Made Llc
Bought by
Chin Walter S
Seller's Agent
Ramazan Trepca
Century 21 Scala Group
Buyer's Agent
Walter Suin Chin
eXp Realty
List Price
$219,000
Sold Price
$203,100
Premium/Discount to List
-$15,900
-7.26%
Current Estimated Value
$295,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,245
Avg. Annual Appreciation
9.56%
Original Mortgage
$152,325
Outstanding Balance
$138,398
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$156,947

Purchase Details

Listed on
Aug 12, 2015
Closed on
Nov 13, 2015
Sold by
Perone Mario
Bought by
Made Llc
Seller's Agent
Davis Owen
Davis Owen Real Estate
Buyer's Agent
Ramazan Trepca
Century 21 Scala Group
List Price
$30,000
Sold Price
$35,500
Premium/Discount to List
$5,500
18.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.74%

Purchase Details

Listed on
Aug 12, 2015
Closed on
Sep 24, 2015
Sold by
Fnma
Bought by
Perone Mario
Seller's Agent
Davis Owen
Davis Owen Real Estate
Buyer's Agent
Ramazan Trepca
Century 21 Scala Group
List Price
$30,000
Sold Price
$35,500
Premium/Discount to List
$5,500
18.33%

Purchase Details

Closed on
Dec 17, 2014
Sold by
Wells Fargo Bank Na
Bought by
Fnma

Purchase Details

Closed on
Nov 5, 2014
Sold by
Herrera Byron
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 11, 2003
Sold by
Grailich Josephine A
Bought by
Herrera Byron H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,100
Interest Rate
5.77%
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
Chin Walter S $203,100 None Available
Made Llc -- --
Perone Mario $35,500 --
Fnma -- --
Wells Fargo Bank Na -- --
Herrera Byron H $127,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chin Walter S $152,325
Previous Owner Herrera Byron H $500,000
Previous Owner Herrera Byron H $115,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2021 09/21/21 Sold $203,100 -7.3% $153 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $219,000 0.0% $165 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $219,000 +516.9% $165 / Sq Ft
09/23/2015 09/23/15 Sold $35,500 +18.3% $19 / Sq Ft View Prior Sale
08/20/2015 08/20/15 Pending -- -- --
08/12/2015 08/12/15 For Sale $30,000 -- $16 / 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 $1,814 $42,000 $35,000 $7,000
2024 $1,814 $42,000 $35,000 $7,000
2023 $1,621 $42,000 $35,000 $7,000
2022 $1,621 $42,000 $35,000 $7,000
2021 $1,621 $42,000 $35,000 $7,000
2020 $1,843 $42,000 $35,000 $7,000
2019 $1,759 $42,000 $35,000 $7,000
2018 $1,654 $42,000 $35,000 $7,000
2017 $1,654 $42,000 $35,000 $7,000
2016 $1,654 $42,000 $35,000 $7,000
2015 $3,345 $93,590 $35,000 $58,590
2014 $3,345 $93,590 $35,000 $58,590
Source: Public Records

Agents Affiliated with this Home

  • Ramazan Trepca

    Seller's Agent in 2021

    Ramazan Trepca

    Century 21 Scala Group

    (203) 231-1964

    7 in this area

    80 Total Sales

    Ramazan Trepca
    Section Image

  • W

    Buyer's Agent in 2021

    Walter Suin Chin

    eXp Realty

    (203) 807-7437

    2 in this area

    43 Total Sales

    Walter Suin Chin
    Section Image

  • D

    Seller's Agent in 2015

    Davis Owen

    Davis Owen Real Estate

  • Karen Bucci

    Seller Co-Listing Agent in 2015

    Karen Bucci

    Huntington Preferred Properties

    (203) 922-2632

    1 in this area

    16 Total Sales

    Karen Bucci
    Section Image
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Map

Source: SmartMLS

MLS Number: 170382978

SmartMLS

APN: DERB-000007-000008-000024

Connecticut New Haven County Derby 06418

220 Derby Ave Unit 222, Derby, CT

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