NOT LISTED FOR SALE

37 Chestnut St Danbury, CT 06810

Estimated Value: $510,000 - $886,000

6 Beds
3 Baths
4,496 Sq Ft
$144/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $900,000 $200 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $3,902/month

91 Days on Market

About This Home

As of November 2022

Attention investors! Established Restaurant/Bar site with 2 rental units and adjacent 2 Family house for sale. 2 Buildings: 39 Chestnut has the restaurant (Marcel's Bar), a (3) bedroom unit, and a (2) bedroom unit. 37 Chestnut is a (2) Family House with (2) bedrooms in each unit. All units are under rented and could potentially bring in a much higher income. Both buildings are to be sold as a package deal only (seller will not sell separate). Minutes from downtown, WestConn and restaurants. Photos reflect both properties. Package price 1,100,000.00. Combined property taxes for both buildings ~ $12,900. Annual sewer bill for both builds ~$3900 (including restaurant's)

Last Agent to Sell the Property

Daniel Silva

eXp Realty License #REB.0793717 Listed on: 06/10/2022

eXp Realty

Co-Listed By

Alex De Camargo

eXp Realty License #REB.0793694

Last Buyer's Agent

Charles Gaal

eXp Realty License #RES.0782030

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,073

Year Built

  • Built in 1906

Lot Details

  • 5,227 Sq Ft Lot
  • Corner Lot

Parking

  • Paved Parking

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 4,496 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Radiator
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Heating System Uses Oil

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,073

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Neighborhood: City Center
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 4496
  • Public Record Living Room Sq Ft: 4496
  • Total Sq Ft: 4496
  • Year Built: 1906
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 6448
  • Tax Year Updated Dt: 08/01/2022
  • Directions: GPS FRIENDLY
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full
  • Attic: No
  • Street Number Modifier: 37-39

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Paved

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Radiator
  • Heat Fuel Type: Natural Gas, Oil
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.1200
  • Lot Description: Corner Lot
  • Zoning: IL40

Multi Family

  • Unit Count: 3
  • Total Multi Family: 10
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 9073
  • Total Assessed Value: 321500
  • Mil Rate Base: 28.220
  • Mil Rate Total: 28.220
  • Assessor Parcel Number: 83617

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
May 1, 2025
Sold by
Cag Investments Llc
Bought by
37 Chestnut St Rlty Llc
Current Estimated Value
$646,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Outstanding Balance
$444,670
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$201,421

Purchase Details

Closed on
Oct 8, 2024
Sold by
Charles A Gaal Llc
Bought by
Cag Investments Llc

Purchase Details

Listed on
Jun 10, 2022
Closed on
Nov 18, 2022
Sold by
Mendes Marcel L and Mendes Maria
Bought by
Charles A Gaal Llc
Seller's Agent
Daniel Silva
eXp Realty
Buyer's Agent
Charles Gaal
eXp Realty
List Price
$650,000
Sold Price
$900,000
Premium/Discount to List
$250,000
38.46%
Views
92

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.87%
Original Mortgage
$450,000
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 1973
Bought by
Mendes Marcel L and Mendes Maria N
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
37 Chestnut St Rlty Llc $595,000 None Available
37 Chestnut St Rlty Llc $595,000 None Available
Cag Investments Llc -- None Available
Cag Investments Llc -- None Available
Charles A Gaal Llc $410,000 None Available
Charles A Gaal Llc $410,000 None Available
Mendes Marcel L $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 37 Chestnut St Rlty Llc $446,250
Closed 37 Chestnut St Rlty Llc $446,250
Previous Owner Charles A Gaal Llc $450,000
Previous Owner Mendes Marcel L $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2022 11/18/22 Sold $900,000 -18.2% $200 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
06/15/2022 06/15/22 Price Changed $1,100,000 +69.2% $245 / Sq Ft
06/10/2022 06/10/22 For Sale $650,000 -- $145 / 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 $5,556 $222,320 $68,810 $153,510
2024 $5,434 $222,320 $68,810 $153,510
2023 $5,187 $222,320 $68,810 $153,510
2022 $4,047 $143,400 $56,600 $86,800
2021 $3,958 $143,400 $56,600 $86,800
2020 $3,958 $143,400 $56,600 $86,800
2019 $3,958 $143,400 $56,600 $86,800
2018 $3,958 $143,400 $56,600 $86,800
2017 $3,208 $110,800 $53,900 $56,900
2016 $3,178 $110,800 $53,900 $56,900
2015 $3,131 $110,800 $53,900 $56,900
2014 $3,058 $110,800 $53,900 $56,900
Source: Public Records

Agents Affiliated with this Home

  • Daniel Silva

    Seller's Agent in 2022

    Daniel Silva

    eXp Realty

    (203) 616-0238

    32 in this area

    70 Total Sales

    Daniel Silva
    Section Image
  • Alex De Camargo

    Seller Co-Listing Agent in 2022

    Alex De Camargo

    eXp Realty

    (203) 312-6287

    47 in this area

    128 Total Sales

    Alex De Camargo
    Section Image

  • C

    Buyer's Agent in 2022

    Charles Gaal

    eXp Realty

    (203) 948-1817

    1 in this area

    1 Total Sale

    Charles Gaal
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170499064

SmartMLS

APN: DANB-000013J-000000-000024

Connecticut Fairfield County Danbury 06810

37 Chestnut St, Danbury, CT

This home is located at 37 Chestnut St, Danbury, CT 06810 since 10 June 2022 and is currently estimated at $646,091, approximately $143 per square foot. This property was built in 1906. 37 Chestnut St is a home located in Fairfield County with nearby schools including Shelter Rock School, Rogers Park Middle School, and Danbury High School.

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.

Nearby Homes