NOT LISTED FOR SALE

38 Franklin St Danbury, CT 06810

5 Beds
3 Baths
2,165 Sq Ft
8,276 Sq Ft Lot

Last Sold November 17, 2022

Last sale price $540,000 $249 Per Sq Ft

11 Days on Market

Highlights

  • Finished Attic
  • 1 Fireplace
  • Private Driveway
  • Attic
  • No HOA

About This Home

As of November 2022

Income-producing, investment property near downtown Danbury district. Great opportunity for a first-time investment buyer to own and profit with minimal down payment. Do not let this one pass you by. Prime location close to Shopping, transportation, and restaurants nearby. First floor main unit has solar system.

Last Agent to Sell the Property

Michael Puff

RE/MAX Town & Country License #RES.0812314 Listed on: 09/29/2022

RE/MAX Town & Country

Last Buyer's Agent

Angela Araujo

Keller Williams Realty License #RES.0809945

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,736

Year Built

  • Built in 1883

Lot Details

  • 8,276 Sq Ft Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shingle Siding

Interior Spaces

  • 2,165 Sq Ft Home
  • 1 Fireplace
  • Finished Attic
  • Partially Finished Basement

Parking

  • 4 Car Garage
  • Private Driveway

Schools

  • Hayestown Elementary School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $50,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,736

Year Built

Built in 1883

Lot Details

0

Listing Details

  • Neighborhood: City Center
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 2165
  • Public Record Living Room Sq Ft: 2165
  • Total Sq Ft: 2165
  • Year Built: 1883
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4873
  • Directions: Please request via showing time. Please add property address to navigation system such as Google Maps or Waze.
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Attic Description: Finished
  • Basement Description: Partially Finished
  • Attic: Yes
  • Street Number Modifier: 38

Exterior Features

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

Garage/Parking

  • Garages Number: 4
  • Driveway Type: Private

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Gas on Gas
  • Heat Fuel Type: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1900
  • Lot Description: N/A
  • Zoning: R3

Multi Family

  • Gross Annual Income: 50000
  • Net Operating Income: 40420
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 6736
  • Total Assessed Value: 238700
  • Mil Rate Base: 28.220
  • Mil Rate Total: 28.220
  • Assessor Parcel Number: 75130

MLS Schools

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

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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2022 11/17/22 Sold $540,000 +2.9% $249 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $524,999 +45.8% $242 / Sq Ft
01/02/2019 01/02/19 Sold $360,000 -5.3% $109 / Sq Ft View Prior Sale
10/01/2018 10/01/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $380,000 -- $115 / 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 $8,593 $343,840 $70,420 $273,420
2024 $8,403 $343,840 $70,420 $273,420
2023 $8,022 $343,840 $70,420 $273,420
2022 $6,736 $238,700 $67,100 $171,600
2021 $6,588 $238,700 $67,100 $171,600
2020 $7,247 $262,570 $90,970 $171,600
2019 $7,247 $262,570 $90,970 $171,600
2018 $6,588 $238,700 $67,100 $171,600
2017 $5,107 $176,400 $64,000 $112,400
2016 $4,230 $147,500 $55,200 $92,300
2015 $4,168 $147,500 $55,200 $92,300
2014 $4,071 $147,500 $55,200 $92,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170526959

SmartMLS

APN: DANB H13037