$31,000
SOLD MAR 16, 2016

38 Ridge Rd Unit 2 Naugatuck, CT 06770

3 Beds
1.5 Baths
1,092 Sq Ft
$165/mo HOA Fee

Recently Sold

$28 Per Sq Ft

11% Below List Price

1 Day on Market

Highlights

  • Clubhouse
  • Guest Parking
  • Wood Siding
  • Deck
  • Baseboard Heating

About This Home

As of March 2016

INVESTORS TAKE NOTE!! 3 BEDROOMS, 1.1 BATHS WITH MUCH POTENTIAL. GREAT RENTAL INCOME POTENTIAL. CASH OFFERS ONLY!!

Last Agent to Sell the Property

Shane Kropo

RE/MAX RISE License #RES.0765976

RE/MAX RISE

Last Buyer's Agent

Wilson Lamas

Realty Group of New England, LLC License #REB.0755566

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,619

Year Built

  • Built in 1971

HOA Fees

  • $165 Monthly HOA Fees

Home Design

  • Wood Siding

Interior Spaces

  • 1,092 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Parking Space
  • Parking Deck
  • Guest Parking
  • Visitor Parking

Outdoor Features

  • Deck

Schools

  • Hop Brook Elementary School
  • Naugatuck High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include grounds maintenance, insurance, property management, snow removal, trash pickup
  • 319 Units
  • Lanrtern Park Community
  • Property managed by IMAGINEERS

Amenities

  • Clubhouse

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,619

Year Built

Built in 1971

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Townhouse
  • Total Sq Ft: 1092
  • Year Built: 1971
  • Association Amenities: Club House, Guest Parking
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: MILL ST. TO LANTERN PARK DR. TO RIDGE RD. (UNIT ON RIGHT OFF RIDGE RD.)
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement Description: Full
  • Interior Amenities: Cable - Available
  • Appliances: Dishwasher, Electric Range, Oven/Range, Refrigerator
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Street Number Modifier: 38

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Wood
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Assigned Parking
  • Total Parking Spaces: 1

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Insurance, Property Management, Snow Removal, Trash Pickup
  • Complex Name: Lanrtern Park
  • Levels In Unit: 2
  • HOA Fees: 165
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: IMAGINEERS
  • Property Mgt Phone: (860) 768-3300

Schools

  • Elementary School: Hop Brook
  • High School: Naugatuck

Lot Info

  • Flood Zone: No

Rental Info

  • Pets Allowed Info: DOGS & CATS
  • Lease Purchase: No
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 1619
  • Total Assessed Value: 35520
  • Mil Rate Total: 45.570
  • Assessor Parcel Number: 2262481

Multi Family

  • Total Num Of Units: 319

MLS Schools

  • Elementary School: Hop Brook
  • High School: Naugatuck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2016
Closed on
Mar 29, 2016
Sold by
Jordan George and Jordan Nicole
Bought by
Kitchen Cabinets Of Ct
Seller's Agent
Shane Kropo
RE/MAX RISE
Buyer's Agent
Wilson Lamas
Realty Group of New England, LLC
List Price
$34,900
Sold Price
$31,000
Premium/Discount to List
-$3,900
-11.17%
Total Days on Market
1
Current Estimated Value
$186,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,353
Avg. Annual Appreciation
21.55%

Purchase Details

Closed on
Jan 26, 2011
Sold by
Department Of Housing & Urban Dev
Bought by
Jordan Nicole and Jordan George

Purchase Details

Closed on
Oct 12, 2010
Sold by
Chfa
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Jul 21, 2010
Sold by
Wade Tracey A
Bought by
Chfa

Purchase Details

Closed on
May 25, 2006
Sold by
Smith Arthur Luyne and Smith Doreen L
Bought by
Wade Tracey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage

Map

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 Type Sale Price Title Company
Warranty Deed $31,000 --
Warranty Deed $57,000 --
Warranty Deed -- --
Foreclosure Deed -- --
Warranty Deed $124,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $122,000 Purchase Money Mortgage
Previous Owner $8,550 No Value Available
Previous Owner $89,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2017 09/01/17 Rented $1,100 -6.4% --
07/25/2017 07/25/17 Off Market $1,175 -- --
07/21/2017 07/21/17 For Rent $1,175 0.0% --
09/26/2016 09/26/16 Rented $1,175 0.0% --
09/19/2016 09/19/16 Under Contract -- -- --
08/29/2016 08/29/16 For Rent $1,175 0.0% --
03/16/2016 03/16/16 Sold $31,000 -11.2% $28 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
02/22/2016 02/22/16 For Sale $34,900 -- $32 / Sq Ft
Source: SmartMLS

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
2024 $3,224 $77,140 $0 $77,140
2023 $3,452 $77,140 $0 $77,140
2022 $2,623 $54,930 $0 $54,930
2021 $2,623 $54,930 $0 $54,930
2020 $2,623 $54,930 $0 $54,930
2019 $2,595 $54,930 $0 $54,930
2018 $1,717 $35,520 $0 $35,520
2017 $1,724 $35,520 $0 $35,520
2016 $1,693 $35,520 $0 $35,520
2015 $1,619 $35,520 $0 $35,520
2014 -- $35,520 $0 $35,520
2012 $2,661 $79,310 $0 $79,310
Source: Public Records

About the Listing Agent

Shane Kropo

RE/MAX RISE

(203) 768-2180

Section Image

Shane has 24 years of successfully selling real estate and can handle the most complicated real estate transactions. He is committed to do an even better job for his clients and to stay ahead in a very competitive field, he continues to attend real estate seminars and classes. He works full-time at his profession, clients can always reach him easily and can count on a quick, helpful response. His clients trust him with their single largest asset. It’s a responsibility he takes very seriously.

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  • 248 Concord Dr, Watertown, CT 06795

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Source: SmartMLS

MLS Number: W10111127

SmartMLS

APN: NAUG-000091-000013-W005256-000002