NOT LISTED FOR SALE

278 Caroline St Derby, CT 06418

Derby Area

Estimated Value: $468,000 - $489,000

8 Beds
4 Baths
3,760 Sq Ft
$127/Sq Ft Est. Value

Sale Details

Date Sold: December 29, 2021

Last sale price $337,500 $90 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,156 / mo

66 Days on Market

Highlights

  • City View
  • Porch
  • 4-minute walk to Derby Green
  • No HOA
  • Wood Siding

About This Home

As of December 2021

Wonderful opportunity to purchase (2) 4 family homes (274 Caroline Street & 278 Caroline Street) fully rented a great investment in a tax stable town in the valley with many economic plans in the works.

Last Agent to Sell the Property

Carlos Perez

RE/MAX Right Choice License #REB.0757329 Listed on: 09/24/2021

RE/MAX Right Choice

Last Buyer's Agent

Joseph Martino

Joseph Martino Real Estate License #REB.0792369

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,590

Year Built

  • Built in 1877

Lot Details

  • 5,663

Home Design

  • Side-by-Side
  • Flat Roof Shape
  • Frame Construction
  • Flat Tile Roof
  • Wood Siding
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 3,760 Sq Ft Home
  • City Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Schools

  • Derby High School

Additional Features

  • Porch
  • 5,663 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,590

Year Built

Built in 1877

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Neighborhood: Downtown
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 3760
  • Public Record Living Room Sq Ft: 3760
  • Total Sq Ft: 3760
  • Year Built: 1877
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Right side of Caroline from Division
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Description: Full
  • Attic: No

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Vinyl Siding, Wood
  • Foundation Type: Masonry
  • Roof Information: Flat
  • Swimming Pool: No
  • Construction Description: Frame

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1300
  • Lot Description: City Views
  • Zoning: CDD

Multi Family

  • Unit Count: 4
  • Total Multi Family: 16
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 5590
  • Mil Rate Base: 38.600
  • Assessor Parcel Number: 1093533

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2021
Closed on
Dec 22, 2021
Sold by
Bought by
Seller's Agent
Carlos Perez
RE/MAX Right Choice
Buyer's Agent
Joseph Martino
Joseph Martino Real Estate
List Price
$324,900
Sold Price
$337,500
Premium/Discount to List
$12,600
3.88%
Current Estimated Value
$478,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,000
Avg. Annual Appreciation
7.90%
Original Mortgage
$506,250
Outstanding Balance
$456,981
Interest Rate
3.12%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$21,519

Purchase Details

Listed on
Sep 24, 2018
Closed on
May 30, 2019
Sold by
Bought by
Seller's Agent
Bill Hoinsky
Houlihan Lawrence WD
Buyer's Agent
Allen Grealish
Coldwell Banker Realty
List Price
$279,000
Sold Price
$200,000
Premium/Discount to List
-$79,000
-28.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.48%
Original Mortgage
$120,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2005
Sold by
Bought by

Purchase Details

Closed on
Jan 10, 2001
Sold by
Bought by

Purchase Details

Closed on
Jul 14, 1987
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Derby, CT

  • Ariel Edery Real Estate Agent - mygoodagent

    Ariel Edery

    mygoodagent

    (203) 945-1348

    184 Total Sales

    1 in Derby

    $247,000 Price

    Ariel Edery
     Section Image
  • Jorge Cintron Real Estate Agent - Vylla Home (CT) LLC

    Jorge Cintron

    Vylla Home (CT) LLC

    (475) 269-6777

    101 Total Sales

    2 in Derby

    $205K - $495K Price Range

    Jorge Cintron
     Section Image
  • Wendy Barry Real Estate Agent - Coldwell Banker Realty

    Wendy Barry

    Coldwell Banker Realty

    (475) 330-3418

    55 Total Sales

    1 in Derby

    $308,500 Price

    Wendy Barry
     Section Image
  • Victoria Stillings Real Estate Agent - Coldwell Banker Realty

    Victoria Stillings

    Coldwell Banker Realty

    (475) 234-4175

    116 Total Sales

    1 in Derby

    $282,000 Price

    Victoria Stillings
     Section Image
  • Corie Grocki Real Estate Agent - YellowBrick Real Estate LLC

    Corie Grocki

    YellowBrick Real Estate LLC

    (475) 285-3108

    29 Total Sales

    1 in Derby

    $312,000 Price

    Corie Grocki
     Section Image
  • Danny Hernandez Real Estate Agent - CLMA Realty

    Danny Hernandez

    Responds Quickly

    CLMA Realty

    (860) 846-4427

    76 Total Sales

    1 in Derby

    $220,000 Price

    Danny Hernandez
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$337,500 None Available
$200,000 --
$261,900 --
$80,000 --
$168,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $506,250
Previous Owner $120,000
Previous Owner $128,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2021 12/29/21 Sold $337,500 +3.9% $90 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $324,900 +62.5% $86 / Sq Ft
05/31/2019 05/31/19 Sold $200,000 -23.0% $53 / Sq Ft View Prior Sale
05/01/2019 05/01/19 Pending -- -- --
12/18/2018 12/18/18 Price Changed $259,900 -5.5% $69 / Sq Ft
09/26/2018 09/26/18 Price Changed $274,900 -1.5% $73 / Sq Ft
09/24/2018 09/24/18 For Sale $279,000 -- $74 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,257 $144,830 $19,830 $125,000
2024 $6,257 $144,830 $19,810 $125,020
2023 $5,590 $144,830 $19,810 $125,020
2022 $5,590 $144,830 $19,810 $125,020
2021 $5,590 $144,830 $19,810 $125,020
2020 $5,396 $122,990 $19,810 $103,180
2019 $5,150 $122,990 $19,810 $103,180
2018 $4,842 $122,990 $19,810 $103,180
2017 $4,842 $122,990 $19,810 $103,180
2016 $4,842 $122,990 $19,810 $103,180
2015 $5,394 $150,920 $24,850 $126,070
2014 $5,394 $150,920 $24,850 $126,070
Source: Public Records

Agents Affiliated with this Home

  • Carlos Perez Real Estate Agent - RE/MAX

    Seller's Agent in 2021

    Carlos Perez

    RE/MAX

    (203) 395-8086

    107 Total Sales

    Carlos Perez
    Section Image
  • Joseph Martino Real Estate Agent - Joseph Martino Real Estate

    Buyer's Agent in 2021

    Joseph Martino

    Joseph Martino Real Estate

    (203) 671-2384

    44 Total Sales

    Joseph Martino
    Section Image

  • B

    Seller's Agent in 2019

    Bill Hoinsky

    Houlihan Lawrence WD

    Section Image

  • F

    Seller Co-Listing Agent in 2019

    Frank Hoinsky

    Houlihan Lawrence WD

    Section Image
  • Allen Grealish Real Estate Agent - Coldwell Banker Realty

    Buyer's Agent in 2019

    Allen Grealish

    Coldwell Banker Realty

    (203) 623-8484

    70 Total Sales

    Allen Grealish
    Section Image
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Map

Source: SmartMLS

MLS Number: 170438412

SmartMLS

APN: DERB-000008-000007-000203A

Connecticut New Haven County Derby 06418

278 Caroline St, Derby, CT

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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