NOT LISTED FOR SALE

40 Highland Ave Danbury, CT 06810

Estimated Value: $363,165 - $991,000

7 Beds
5 Baths
4,176 Sq Ft
$128/Sq Ft Est. Value

Last Sold November 06, 2023

Last sale price $875,000 $210 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $3,137/month

53 Days on Market

About This Home

As of November 2023

Rare opportunity to own a corner in Danbury with a two-family home, single family home and restaurant! This property has not been offered up for sale since 1988! Ideal for investor or owner user.

Last Agent to Sell the Property

Joe Dimyan

Tower Realty Corp License #RES.0811098 Listed on: 04/07/2023

Last Buyer's Agent

Joe Dimyan

Tower Realty Corp License #RES.0811098 Listed on: 04/07/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,185

Year Built

  • Built in 1893

Lot Details

  • 0.3 Acre Lot

Home Design

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

Interior Spaces

  • 4,176 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Schools

  • King Street Elementary School
  • Danbury High School

Utilities

  • Window Unit Cooling System
  • Oil Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 72149

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,185

Year Built

Built in 1893

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 4176
  • Total Sq Ft: 4176
  • Year Built: 1893
  • New Construction: No/Resale
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Use GPS
  • Financing Used: Conventional Fixed
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Basement Description: Full
  • Attic: Yes
  • Street Number Modifier: 40-42

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: DRIVE,ONST,OFFST

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Electric
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: King Street
  • High School: Danbury

Lot Info

  • Acres: 0.3
  • Lot Description: N/A
  • Zoning: CN5
  • Parcel #: 72149

Multi Family

  • Total Number Of Units: 2
  • Unit Count: 4

Tax Info

  • Property Tax: 8185
  • Total Assessed Value: 350840
  • Mil Rate Total: 23.33

MLS Schools

  • Elementary School: King Street
  • High School: Danbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2023
Closed on
Nov 3, 2023
Sold by
Aczel John Est and Aczel
Bought by
Mml Real Estate Llc
Seller's Agent
Joe Dimyan
Tower Realty Corp
Buyer's Agent
Joe Dimyan
Tower Realty Corp
List Price
$875,000
Sold Price
$875,000
Views
52
Current Estimated Value
$534,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$340,459
Avg. Annual Appreciation
-22.33%
Original Mortgage
$244,000
Outstanding Balance
$239,485
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$295,056
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mml Real Estate Llc $320,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mml Real Estate Llc $244,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2023 11/06/23 Sold $875,000 0.0% $210 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
04/07/2023 04/07/23 For Sale $875,000 -- $210 / 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 $3,737 $149,520 $60,550 $88,970
2024 $3,654 $149,520 $60,550 $88,970
2023 $3,488 $149,520 $60,550 $88,970
2022 $3,587 $127,100 $62,600 $64,500
2021 $3,513 $127,300 $62,700 $64,600
2020 $3,513 $127,300 $62,700 $64,600
2019 $3,513 $127,300 $62,700 $64,600
2018 $3,513 $127,300 $62,700 $64,600
2017 $3,407 $117,700 $59,600 $58,100
2016 $3,376 $117,700 $59,600 $58,100
2015 $3,326 $117,700 $59,600 $58,100
2014 $3,249 $117,700 $59,600 $58,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170561270

SmartMLS

APN: DANB-000013H-000000-000126