NOT LISTED FOR SALE

37 Cherry St Naugatuck, CT 06770

Estimated Value: $371,889 - $457,000

5 Beds
2 Baths
2,015 Sq Ft
$203/Sq Ft Est. Value

Last Sold February 01, 2023

Last sale price $337,500 $167 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,791/month

88 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Baseboard Heating
  • Attic
  • Public Transportation
  • Level Lot

About This Home

As of February 2023

Unique Investment property with commercial possibilities! Package deal two multi families being sold together for a total of $699,800. Note the extensive rehab throughout this two family! Each unit has 2 levels! First unit has spacious eat-in kitchen with newer cabinets and appliances. Spacious living room. 2 bedrooms and a den which can be utilized as a third bedroom. Bathroom with washer/dryer hookup. Hardwood flooring. Second unit boasts eat-in kitchen with newer cabinets & appliances, living room/dining room combo, 2 bedrooms and bathroom with washer/dryer hookup! Hardwood flooring. Investors with commercial aspects will relish the location and high traffic volume! Walk to town, shopping and restaurants! See MLS 170514526 for second home. Rental income and expenses are in attachments.

Last Agent to Sell the Property

Wilson Lamas

Realty Group of New England, LLC License #REB.0755566 Listed on: 08/12/2022

Last Buyer's Agent

Maria Lorena Chaparro

Fawn Realty Group LLC License #REB.0794508

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,570

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 2,015 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Schools

  • Naugatuck High School

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,570

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 2015
  • Public Record Living Room Sq Ft: 2015
  • Total Sq Ft: 2015
  • Year Built: 1920
  • Nearby Amenities: Basketball Court, Commuter Bus, Library, Medical Facilities, Playground/Tot Lot, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3151
  • Directions: 37 Cherry Street, Naugatuck
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes
  • Street Number Modifier: 37

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Driveway
  • Driveway Type: Asphalt
  • Total Parking Spaces: 2

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1700
  • Lot Description: Level Lot
  • Zoning: R8

Multi Family

  • Unit Count: 2
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4570
  • Total Assessed Value: 95700
  • Mil Rate Base: 47.750
  • Mil Rate Total: 47.750
  • Assessor Parcel Number: 2262410

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2022
Closed on
Jan 31, 2023
Sold by
Equity Property Mgmt Llc
Bought by
Jimenez Carlos J and Oliva Elizabeth A
Seller's Agent
Wilson Lamas
Realty Group of New England, LLC
Buyer's Agent
Maria Lorena Chaparro
Fawn Realty Group LLC
List Price
$349,900
Sold Price
$337,500
Premium/Discount to List
-$12,400
-3.54%
Views
162
Current Estimated Value
$415,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,682
Avg. Annual Appreciation
5.77%
Original Mortgage
$253,125
Outstanding Balance
$245,655
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$146,203

Purchase Details

Closed on
Aug 16, 2012
Sold by
Rotatori Daniel
Bought by
Equity Properties Mgmt

Purchase Details

Closed on
Jul 27, 2012
Sold by
Mencio Paul
Bought by
Pacifico Props Llc
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
Jimenez Carlos J $337,500 None Available
Equity Properties Mgmt -- --
Rotatori Danile $100,000 --
Pacifico Props Llc -- --
Pacifico Props Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jimenez Carlos J $253,125
Previous Owner Pacifico Props Llc $101,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2023 02/01/23 Sold $337,500 -3.5% $167 / Sq Ft
08/12/2022 08/12/22 For Sale $349,900 -- $174 / 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 $7,077 $177,870 $17,920 $159,950
2024 $7,433 $177,870 $17,920 $159,950
2023 $7,960 $177,870 $17,920 $159,950
2022 $4,570 $95,700 $15,000 $80,700
2021 $4,570 $95,700 $15,000 $80,700
2020 $4,570 $95,700 $15,000 $80,700
2019 $4,522 $95,700 $15,000 $80,700
2018 $5,197 $107,490 $28,070 $79,420
2017 $4,615 $95,050 $28,070 $66,980
2016 $3,600 $75,510 $28,070 $47,440
2015 $3,441 $75,510 $28,070 $47,440
2014 $3,402 $75,510 $28,070 $47,440
2012 $4,912 $146,420 $41,520 $104,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170514479

SmartMLS

APN: NAUG-000003-W003914