NOT LISTED FOR SALE

253 Caroline St Unit 255 Derby, CT 06418

Estimated Value: $399,798 - $502,000

8 Beds
3 Baths
3,464 Sq Ft
$131/Sq Ft Est. Value

Last Sold March 07, 2019

Last sale price $219,900 $63 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,930/month

7 Days on Market

Highlights

  • No HOA
  • Central Air
  • Level Lot
  • Porch
  • Heating System Uses Steam
  • 3-minute walk to Derby Green

About This Home

As of March 2019

Great opportunity for owner-occupant or investor to own this large brick three family home with 8 bedrooms! All separate utilities including 3 gas meters. 1st unit has 3 bedrooms and 1 bath with gas heat and central air, 2nd unit has 4 bedrooms and 1 bath with oil heat (no central air), and 3rd unit has 1 bedroom and 1 bath with gas heat and central air. All units are currently rented and tenants are all on month to month leases. There is opportunity for new owner to obtain higher market rents.

Last Agent to Sell the Property

Peter Carbutti

Carbutti & Co., Realtors License #RES.0100770 Listed on: 11/09/2018

Last Buyer's Agent

Yvette Allen

Larracuente & Johnson Realty, LLC License #RES.0806448

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,451

Year Built

  • Built in 1880

Lot Details

  • 0.26 Acre Lot
  • Level Lot

Home Design

  • 3,464 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Masonry Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Porch

Schools

  • Derby High School

Utilities

  • Central Air
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,451

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3464
  • Public Record Living Room Sq Ft: 3464
  • Total Sq Ft: 3464
  • Year Built: 1880
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Water St to Caroline St
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full With Walk-Out
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Brick
  • Foundation Type: Stone
  • 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: Steam
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.2600
  • Lot Description: Level Lot
  • Zoning: CDD

Multi Family

  • Unit Count: 3
  • Total Multi Family: 14
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 4451
  • Mil Rate Base: 39.370
  • Assessor Parcel Number: 1095443

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2018
Closed on
Mar 7, 2019
Sold by
Mccall John and Mccall Ann
Bought by
Othello Luquene
Seller's Agent
Peter Carbutti
Carbutti & Co., Realtors
Buyer's Agent
Yvette Allen
Larracuente & Johnson Realty, LLC
List Price
$209,900
Sold Price
$219,900
Premium/Discount to List
$10,000
4.76%
Current Estimated Value
$455,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,300
Avg. Annual Appreciation
11.56%
Original Mortgage
$215,916
Outstanding Balance
$193,817
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$261,383
Source: Public Records

Range of Values:

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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
Othello Luquene $219,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Othello Luquene $215,916
Previous Owner Othello Luquene $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2019 03/07/19 Sold $219,900 +4.8% $63 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
11/09/2018 11/09/18 For Sale $209,900 -- $61 / 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 $6,574 $152,180 $21,080 $131,100
2024 $6,574 $152,180 $21,070 $131,110
2023 $5,874 $152,180 $21,070 $131,110
2022 $5,874 $152,180 $21,070 $131,110
2021 $5,874 $152,180 $21,070 $131,110
2020 $4,960 $113,050 $21,070 $91,980
2019 $4,733 $113,050 $21,070 $91,980
2018 $4,451 $113,050 $21,070 $91,980
2017 $4,451 $113,050 $21,070 $91,980
2016 $4,451 $113,050 $21,070 $91,980
2015 $4,478 $125,300 $26,110 $99,190
2014 -- $125,300 $26,110 $99,190
Source: Public Records

Agents Affiliated with this Home

  • Peter Carbutti

    Seller's Agent in 2019

    Peter Carbutti

    Carbutti & Co., Realtors

    (203) 494-1362

    5 in this area

    187 Total Sales

    Peter Carbutti
    Section Image

  • Y

    Buyer's Agent in 2019

    Yvette Allen

    Larracuente & Johnson Realty, LLC

    (203) 767-9111

    1 in this area

    142 Total Sales

    Yvette Allen
    Section Image
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Map

Source: SmartMLS

MLS Number: 170142797

SmartMLS

APN: DERB-000008-000005-000154

Connecticut New Haven County Derby 06418

253 Caroline St Unit 255, Derby, CT

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