NOT LISTED FOR SALE

38 Franklin St Danbury, CT 06810

Danbury Area

Estimated Value: $659,030 - $691,000

5 Beds
3 Baths
2,165 Sq Ft
$312/Sq Ft Est. Value

Sale Details

Date Sold: November 17, 2022

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

Est. 25% increase in value since last sale

Current estimated payment $4,298 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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

  • $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

8,276 Sq Ft Lot

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

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

Lot Info

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

Multi Family

  • Gross Annual Income: 50000
  • Total Num Of Units: 4

Tax Info

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

MLS Schools

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

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 29, 2022
Closed on
Nov 18, 2022
Sold by
Jimenez Carol S and Dejimenez Sila A
Bought by
Seller's Agent
Michael Puff
RE/MAX Town & Country
Buyer's Agent
Angela Araujo
Keller Williams Realty
List Price
$524,999
Sold Price
$540,000
Premium/Discount to List
$15,001
2.86%
Views
52
Current Estimated Value
$675,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,015
Avg. Annual Appreciation
6.10%
Original Mortgage
$378,000
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 4, 2018
Closed on
Jan 2, 2019
Sold by
Martins Maria F
Bought by
Jiminez Carlos M
Seller's Agent
Daniele Amelia
Global Realty
Buyer's Agent
Maria Almeyda
Pads 2 Home
List Price
$380,000
Sold Price
$360,000
Premium/Discount to List
-$20,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.02%
Original Mortgage
$288,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2002
Sold by
Murtishi Nevzat and Murtishi Refie
Bought by
Martins Wellington

Purchase Details

Closed on
Jan 5, 1987
Sold by
Mccarthy Robt
Bought by
Drolet Albert
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Danbury, CT

  • Hy Natarajan Real Estate Agent - Keller Williams Prestige Prop.

    Hy Natarajan

    Keller Williams Prestige Prop.

    (475) 264-6173

    78 Total Sales

    2 in Danbury

    $615K - $650K Price Range

    Hy Natarajan
     Section Image
  • Kim Gifford Real Estate Agent - Coldwell Banker Realty

    Kim Gifford

    Coldwell Banker Realty

    (845) 581-2834

    90 Total Sales

    22 in Danbury

    $210K - $850K Price Range

    Kim Gifford
     Section Image
  • Rebecca Zandvliet Real Estate Agent - Coldwell Banker Realty 2000

    Rebecca Zandvliet

    Responds Quickly

    Coldwell Banker Realty 2000

    (959) 800-0592

    158 Total Sales

    2 in Danbury

    $415K - $615K Price Range

    Rebecca Zandvliet
     Section Image
  • Andree Gabathuler Real Estate Agent - Coldwell Banker Realty

    Andree Gabathuler

    Coldwell Banker Realty

    (475) 405-1205

    33 Total Sales

    2 in Danbury

    $417K - $586K Price Range

    Andree Gabathuler
     Section Image
  • David Fiske Real Estate Agent - Houlihan Lawrence WD

    David Fiske

    Houlihan Lawrence WD

    (203) 457-8313

    92 Total Sales

    1 in Danbury

    $410,000 Price

    David Fiske
     Section Image
  • Lisa Bowman Real Estate Agent - Coldwell Banker Realty

    Lisa Bowman

    Coldwell Banker Realty

    (475) 325-5582

    70 Total Sales

    17 in Danbury

    $225K - $850K Price Range

    Lisa Bowman
     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
$540,000 None Available
Jiminez Carlos M $360,000 --
Martins Wellington $260,000 --
Drolet Albert $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 $70,000
Open Gonzalez-Medina Alberto A $506,250
Closed -- $378,000
Previous Owner -- $288,000
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
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

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 $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

  • Michael Puff Real Estate Agent - RE/MAX

    Seller's Agent in 2022

    Michael Puff

    RE/MAX

    (914) 714-0605

    66 Total Sales

    Michael Puff
    Section Image
  • Angela Araujo Real Estate Agent - Keller Williams Realty

    Buyer's Agent in 2022

    Angela Araujo

    Keller Williams Realty

    (203) 858-2192

    65 Total Sales

    Angela Araujo
    Section Image
  • Daniele Amelia Real Estate Agent - Global Realty

    Seller's Agent in 2019

    Daniele Amelia

    Global Realty

    (203) 994-3139

    61 Total Sales

    Daniele Amelia
    Section Image

  • MA

    Buyer's Agent in 2019

    Maria Almeyda

    Pads 2 Home

    Section Image
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Map

Source: SmartMLS

MLS Number: 170526959

SmartMLS

APN: DANB-000013H-000000-000037

Connecticut Fairfield County Danbury 06810

38 Franklin St, Danbury, 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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