NOT LISTED FOR SALE

362 Chipman Street Extension Waterbury, CT 06708

West End District Neighborhood

Estimated Value: $335,000 - $506,000

4 Beds
2 Baths
2,060 Sq Ft
$210/Sq Ft Est. Value

Last Sold November 09, 2020

Last sale price $250,000 $121 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,235/month

136 Days on Market

Highlights

  • 3.8 Acre Lot
  • Partially Wooded Lot
  • No HOA
  • Property is near public transit
  • Attic
  • 2 Car Detached Garage

About This Home

As of November 2020

This 2 family home sits on large parcel was farmed by previous owner for family use not commercial. fruit trees grape vines chickens rabbits some small greenhouses. Now it has a surveying, wetlands marking, engineering and feasibility study in place the site plan has been presented to town all officials in meeting as a 14 lot single family home development and was well received as proposed.
cul-de-sac to be installed 3 phase development proposed 4, 4, and 6 homes. Must go thru final approvals. but meets town planning zoning and wetlands criteria as proposed no special requests or variances as planned. L/A can send info or available for assistance in process of town processing of plan. good rental income same tenants in place since bought. This is a great opportunity and BIG money maker!!!!

Last Agent to Sell the Property

Dawn Ciappetta

Coldwell Banker Realty License #REB.0119780 Listed on: 05/17/2020

Coldwell Banker Realty

Last Buyer's Agent

Dawn Ciappetta

Coldwell Banker Realty License #REB.0119780 Listed on: 05/17/2020

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,970

Year Built

  • Built in 1918

Lot Details

  • 3.8 Acre Lot
  • Level Lot
  • Partially Wooded Lot

Home Design

  • 2,060 Sq Ft Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding

Basement

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

Parking

  • 2 Car Detached Garage
  • Private Driveway

Outdoor Features

  • Enclosed Patio or Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a golf course

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Additional Features

  • Attic

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Potential Subdivision

Additional Features

  • Public Transportation
  • Gross Income $34,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,970

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Neighborhood: Town Plot
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2060
  • Public Record Living Room Sq Ft: 2060
  • Total Sq Ft: 2060
  • Year Built: 1918
  • Nearby Amenities: Golf Course, Health Club, Medical Facilities, Park, Playground/Tot Lot, Private School(s), Public Transportation, Shopping/Mall
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Tax Year Updated Dt: 07/13/2020
  • Directions: exit 18 to country club rd to Oronoke rd to chipman
  • Special Features: None

Interior Features

  • Basement Description: Full, Full With Hatchway, Full With Walk-Out, Shared Basement
  • Laundry Room Location: in basement
  • Laundry Room Info: Basement Hook-Up(s), Washer/Dryer All Units
  • Attic: Yes

Exterior Features

  • Exterior Features: Porch-Enclosed
  • Exterior Siding: Shake
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Private, Paved

Utilities

  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 3.8000
  • Lot Description: Level Lot, Lightly Wooded
  • Zoning: RS

Multi Family

  • Gross Annual Income: 34200
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 10970
  • Mil Rate Base: 60.210
  • Assessor Parcel Number: 1391307

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
Sep 13, 2023
Sold by
Prodigal Son Prop Llc
Bought by
362 Chipman Llc
Current Estimated Value
$432,359

Purchase Details

Closed on
Mar 10, 2023
Sold by
Prodigal Sons Interests
Bought by
Prodigal Son Prop Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
6.12%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
May 17, 2020
Closed on
Nov 19, 2020
Sold by
Mendes Grp Of New Eng Llc
Bought by
Prodigal Sons Interests
Seller's Agent
Dawn Ciappetta
Coldwell Banker Realty
Buyer's Agent
Dawn Ciappetta
Coldwell Banker Realty
List Price
$275,750
Sold Price
$250,000
Premium/Discount to List
-$25,750
-9.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.39%
Original Mortgage
$175,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 2, 2017
Closed on
Jan 23, 2018
Sold by
Polletta Amedeo and Polletta Gioncondino
Bought by
Mendes Group Llc
Seller's Agent
John Donato Jr
Showcase Realty, Inc.
Buyer's Agent
Dawn Ciappetta
Coldwell Banker Realty
List Price
$199,900
Sold Price
$180,000
Premium/Discount to List
-$19,900
-9.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.45%

Purchase Details

Closed on
Mar 12, 1979
Bought by
Polletta Amedeo and Polletta Gioncondino
Source: Public Records

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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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
362 Chipman Llc $410,000 None Available
362 Chipman Llc $410,000 None Available
Prodigal Son Prop Llc -- None Available
Prodigal Son Prop Llc -- None Available
Prodigal Sons Interests $250,000 None Available
Prodigal Sons Interests $250,000 None Available
Mendes Group Llc $180,000 --
Mendes Group Llc $180,000 --
Polletta Amedeo $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prodigal Son Prop Llc $238,000
Previous Owner Prodigal Sons Interests $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/09/2020 11/09/20 Sold $250,000 -9.3% $121 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $275,750 0.0% $134 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
07/05/2020 07/05/20 Price Changed $275,750 -4.9% $134 / Sq Ft
05/17/2020 05/17/20 For Sale $289,900 +61.1% $141 / Sq Ft
01/22/2018 01/22/18 Sold $180,000 -10.0% $87 / Sq Ft View Prior Sale
12/01/2017 12/01/17 Pending -- -- --
06/02/2017 06/02/17 For Sale $199,900 -- $97 / 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 $11,530 $256,340 $127,680 $128,660
2024 $12,673 $256,340 $127,680 $128,660
2023 $13,891 $256,340 $127,680 $128,660
2022 $10,970 $182,200 $127,730 $54,470
2021 $10,970 $182,200 $127,730 $54,470
2020 $10,970 $182,200 $127,730 $54,470
2019 $10,970 $182,200 $127,730 $54,470
2018 $10,970 $182,200 $127,730 $54,470
2017 $10,990 $182,530 $127,720 $54,810
2016 $10,990 $182,530 $127,720 $54,810
2015 $10,627 $182,530 $127,720 $54,810
2014 $10,627 $182,530 $127,720 $54,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170295969

SmartMLS

APN: WATE-000410-000050-000015