Seller's Agent in 2024
Alexander Martin
Full Service Realty LLC
(203) 706-0288
1 in this area
7 Total Sales
228 Alder St Waterbury, CT 06708
South End District Neighborhood
9
Beds
3
Baths
5,663
Sq Ft
7,405
Sq Ft Lot
Highlights
- Attic
- Enclosed Patio or Porch
- Ceiling Fan
- Balcony
- Home Security System
- 4-minute walk to Chase Park
About This Home
As of September 2024Very Impressive 3 Unit, 9 Bedroom Home In Town Plot, Family Owned/Managed Since 1928. Meticulously Maintained And Updated With Improvements Consisting Of New Roofs (5yrs) On Both Home And 3 Car Garage, New Vinyl Siding, All New Windows, Fire Doors And Foam Insulation Have Been Added From Attic To Cellar. Lead Abatement And Painting Throughout All Porches And All Interior With Supporting Certification Has Certified Property Lead Safe. All Stairways And Exterior Porches Covered With Coin Grip Rubber Flooring And Equipped With New Handrails, All Kitchen Flooring Replaced Along With All Refrigerators And Stoves. Please Note Property Is Equipped With Several Safety Features Including A Hard Wired Security And Alarm System, All New LED Exterior And Stairway Lighting, Smoke And Co2 Detectors Throughout, New Galvanized Chain Link Fence Securing Entire Property Including A Gated Driveway. Natural Gas Heating. Property Has Been Mechanically Updated With All New Water Heaters, Gas Boilers, And Electric Panels. Storage Throughout Property Including Shelving, Closets, Walk Up Floored Attic, 3 Gated Storage Areas In Basement, A 3 Car Garage As Well As Gated Dog Area Provide Additional Income Opportunities. A Potential +9% Cap Rate Based On A $1800p/m Rent Rate After Allowance For Taxes, Insurance, Weekly Landscaping and 10% Vacancy And Maintenance Fund. Approximate 14% Cash on Cash Return. (Must Perform Own Due Diligence) PLEASE DO NOT DISTURB TENANTS OR WALK PROPERTY W/O AN APPT!!
Last Agent to Sell the Property
Full Service Realty LLC License #RES.0822696 Listed on: 04/08/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,711
Year Built
- Built in 1928
Lot Details
- 7,405 Sq Ft Lot
Home Design
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- Ceiling Fan
- Basement Fills Entire Space Under The House
- Home Security System
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Attic
- Attic Floors
- Storage In Attic
- Walkup Attic
- Unfinished Attic
Parking
- 3 Car Garage
- Driveway
Outdoor Features
- Balcony
- Enclosed Patio or Porch
Schools
- Duggan Elementary School
- John F. Kennedy High School
Utilities
- Floor Furnace
- Heating System Uses Gas
Community Details
- 3 Units
Listing and Financial Details
- Exclusions: Pellet Stove, Outdoor Gas Grill, Security Camera System, Alarm System, Dog House
- Assessor Parcel Number 1386286
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 8, 2024
Closed on
Sep 13, 2024
Sold by
Renkun Christopher J
Bought by
Brooklyn Prop & Assoc Llc
Seller's Agent
Alexander Martin
Full Service Realty LLC
Buyer's Agent
Santiago Jaraba
Whitestone Real Estate Group
List Price
$479,000
Sold Price
$500,000
Premium/Discount to List
$21,000
4.38%
Views
153
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,633
Avg. Annual Appreciation
3.35%
Original Mortgage
$366,000
Outstanding Balance
$362,590
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$153,647
Purchase Details
Closed on
Apr 12, 2024
Sold by
228-230 Alder Street Llc
Bought by
Renkun Christopher J
Purchase Details
Closed on
Dec 3, 2015
Sold by
Renkun Cass J and Renkun Cass J
Bought by
228-230 Alder Street L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
3.83%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $500,000 | None Available | |
| Warranty Deed | $500,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $40,250 | -- | |
| Warranty Deed | $40,250 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $366,000 | Purchase Money Mortgage | |
| Closed | $366,000 | Purchase Money Mortgage | |
| Previous Owner | $5,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/27/2024 09/27/24 | Sold | $500,000 | +4.4% | $88 / Sq Ft |
| 07/27/2024 07/27/24 | For Sale | $479,000 | 0.0% | $85 / Sq Ft |
| 04/19/2024 04/19/24 | Pending | -- | -- | -- |
| 04/08/2024 04/08/24 | For Sale | $479,000 | -- | $85 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $10,655 | $236,880 | $15,610 | $221,270 |
| 2024 | $11,711 | $236,880 | $15,610 | $221,270 |
| 2023 | $12,837 | $236,880 | $15,610 | $221,270 |
| 2022 | $7,212 | $119,780 | $15,630 | $104,150 |
| 2021 | $7,212 | $119,780 | $15,630 | $104,150 |
| 2020 | $7,212 | $119,780 | $15,630 | $104,150 |
| 2019 | $7,212 | $119,780 | $15,630 | $104,150 |
| 2018 | $7,212 | $119,780 | $15,630 | $104,150 |
| 2017 | $7,277 | $120,860 | $15,630 | $105,230 |
| 2016 | $7,277 | $120,860 | $15,630 | $105,230 |
| 2015 | $7,036 | $120,860 | $15,630 | $105,230 |
| 2014 | $7,036 | $120,860 | $15,630 | $105,230 |
Source: Public Records
Agents Affiliated with this Home
-
Alexander Martin
-
Santiago Jaraba
Buyer's Agent in 2024
Santiago Jaraba
Whitestone Real Estate Group
(203) 278-3121
5 in this area
270 Total Sales
Map
Source: SmartMLS
MLS Number: 24008855
APN: WATE-000342-000677-000068
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