NOT LISTED FOR SALE

404 Main St Danbury, CT 06810

Estimated Value: $755,000 - $1,060,000

6 Beds
3 Baths
4,223 Sq Ft
$219/Sq Ft Est. Value

Last Sold February 03, 2021

Last sale price $598,500 $142 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,761/month

12 Days on Market

Highlights

  • The property is located in a historic district
  • Deck
  • Finished Attic
  • City View
  • Property is near public transit
  • Attic

About This Home

As of February 2021

Mixed Zoned Beautifully Restored turn-key Victorian 3-family right off Main St with 4-bay detached garage. The house underwent extensive renovations in 2001 and 2010-12. All hardwood flooring, original plaster molding, 100-year slate roof, 5 month old 80 gallon water heater, rear section of roofing replaced in 2019 with new beams, plywood and shingles. The whole house and garage bays were completely rewired with brand new separate panels, including homeowners panel. Foundation was completely reappointed with basement floor leveled with vapor barrier and poured concrete. The house has been extraordinary well maintained. City water and sewer with access to gas line. All units are large with high ceiling and plenty of storage. All newer appliances throughout; Apt 1 has granite countertops, french-door refrigerator and new hardwood floor throughout. Full unfinished basement provides additional storage and shared laundry. Convenient location and close to everything. Rare opportunity.

Last Agent to Sell the Property

Elena Yakovleva

Higgins Group Greenwich License #RES.0812301 Listed on: 07/06/2020

Higgins Group Greenwich

Last Buyer's Agent

Karen Serrao Cabrera

West-Green & Assoc RE Brokers License #RES.0804203

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,056

Year Built

  • Built in 1890

Lot Details

  • 0.31 Acre Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Stone Frame
  • Slate Roof
  • Cedar Siding
  • Vinyl Siding
  • Stone

Interior Spaces

  • Concrete Flooring
  • City Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Attic

  • Attic Fan
  • Finished Attic

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 4 Car Detached Garage
  • Parking Deck
  • Private Driveway

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop
  • The property is located in a historic district

Schools

  • Pembroke Elementary School
  • Danbury High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Baseboard Heating
  • Heating System Uses Oil
  • 60+ Gallon Tank
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Public Transportation
  • Gross Income $64,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,056

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Neighborhood: City Center
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2916
  • Public Record Living Room Sq Ft: 2916
  • Sq Ft Est Heated Below Grade: 1307
  • Total Sq Ft: 4223
  • Year Built: 1890
  • Nearby Amenities: Commuter Bus, Medical Facilities, Park, Playground/Tot Lot, Public Rec Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 6023
  • Tax Year Updated Dt: 07/27/2020
  • Directions: Across the street from Dunkin
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Finished, Heated
  • Basement Description: Full, Shared Basement, Concrete Floor
  • Laundry Room Location: shared in basement
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 404

Exterior Features

  • Exterior Features: Deck, Porch, Sidewalk
  • Exterior Siding: Vinyl Siding, Cedar
  • Foundation Type: Stone
  • Roof Information: Slate
  • Swimming Pool: No
  • Construction Description: Stone

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 4
  • Driveway Type: Private, Crushed Stone

Utilities

  • Cooling System: Attic Fan, Wall Unit
  • Heat Type: Baseboard, Radiator
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 80 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Pembroke
  • High School: Danbury

Lot Info

  • Acres: 0.3100
  • Lot Description: Historic District, City Views, Level Lot
  • Flood Zone: No
  • Zoning: CG20

Multi Family

  • Gross Annual Income: 64320
  • Net Operating Income: 43329
  • Unit Count: 3
  • Total Multi Family: 17
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 9056
  • Total Assessed Value: 328100
  • Mil Rate Base: 27.600
  • Mil Rate Total: 27.600
  • Assessor Parcel Number: 74954

MLS Schools

  • Elementary School: Pembroke
  • High School: Danbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Feb 2, 2021
Sold by
Silva David S and Yakoleva Elena
Bought by
Herrera Cielo
Seller's Agent
Elena Yakovleva
Higgins Group Greenwich
Buyer's Agent
Karen Serrao Cabrera
West-Green & Assoc RE Brokers
List Price
$625,000
Sold Price
$598,500
Premium/Discount to List
-$26,500
-4.24%
Current Estimated Value
$923,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,997
Avg. Annual Appreciation
9.67%
Original Mortgage
$538,650
Outstanding Balance
$480,927
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$442,570

Purchase Details

Closed on
Oct 4, 2010
Sold by
Penny Mac Loan Svcs
Bought by
Silva Davidi S and Yakovlea Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,631
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 14, 2010
Sold by
White Nervill and White Nervill A
Bought by
Penny Mac Loan Svcs

Purchase Details

Closed on
Mar 20, 2007
Sold by
Mulvaney Mark T
Bought by
White Nervill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,250
Interest Rate
6.4%

Purchase Details

Closed on
Feb 18, 1998
Sold by
404 Main Street Assoc
Bought by
Mulvaney Mark T
Source: Public Records

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 Buyer Sale Price Title Company
Herrera Cielo $598,500 None Available
Silva Davidi S $310,000 --
Penny Mac Loan Svcs -- --
White Nervill $625,000 --
Mulvaney Mark T $181,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrera Cielo $538,650
Previous Owner Mulvaney Mark T $315,000
Previous Owner Mulvaney Mark T $313,631
Previous Owner Mulvaney Mark T $531,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2021 02/03/21 Sold $598,500 -4.2% $142 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $625,000 -- $148 / 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 $10,379 $415,310 $118,930 $296,380
2024 $10,150 $415,310 $118,930 $296,380
2023 $9,689 $415,310 $118,930 $296,380
2022 $10,015 $354,900 $119,100 $235,800
2021 $9,056 $328,100 $119,100 $209,000
2020 $9,056 $328,100 $119,100 $209,000
2019 $9,056 $328,100 $119,100 $209,000
2018 $9,056 $328,100 $119,100 $209,000
2017 $7,333 $253,300 $113,500 $139,800
2016 $7,265 $253,300 $113,500 $139,800
2015 $7,158 $253,300 $113,500 $139,800
2014 $6,991 $253,300 $113,500 $139,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170312866

SmartMLS

APN: DANB-000012H-000000-000172