NOT LISTED FOR SALE

450 Prospect St Naugatuck, CT 06770

Estimated Value: $338,292

0.81 Acres
$417,644 Price per Acre
35,284 Sq Ft Lot

Last Sold September 19, 2022

Last sale price $265,000

Est. 28% increase in value since last sale

Current estimated payment $2,220/month

194 Days on Market

Highlights

  • 0.81 Acre Lot
  • No HOA
  • Open Lot

About This Lot

As of September 2022

Great investment opportunity with approx. 390ft of road frontage on the Rte 68 corridor. Two lots totalling just over 1.5 acres prime for development with 75x40 existing foundation, retaining walls and sewer already installed.This property is conveniently located less than a mile from the Rt 8

Last Agent to Sell the Property

Adam Bronko

RE/MAX RISE License #REB.0793007 Listed on: 03/06/2022

RE/MAX RISE

Last Buyer's Agent

Adam Bronko

RE/MAX RISE License #REB.0793007 Listed on: 03/06/2022

RE/MAX RISE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,766

Lot Details

  • 0.81 Acre Lot
  • Property fronts a state road
  • Open Lot
  • 2 Lots in the community
  • Property is zoned R15

Schools

  • Naugatuck High School

Utilities

  • Gas Available
  • Phone Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$5,766

Lot Details

0.81 Acres

Listing Details

  • Property Type: Lots and Land For Sale
  • Property Sub Type: Commercial Land
  • Direct Waterfront: No
  • Tax Year Updated Dt: 07/13/2022
  • Directions: Rte 68
  • Special Features: None

Exterior Features

  • Road Frontage Description: State Road

Utilities

  • Water Source: Public Water In Street
  • Sewer: Public Sewer Connected
  • Utilities Available: Electric Available, Gas Available, Phone Available
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.8100
  • Lot Description: Open Lot, Dry
  • Lot Improvements: Rough Graded
  • Lots Number Of: 2
  • Subdividable Ynu: Unknown
  • Zoning: R15

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 5766
  • Mil Rate Base: 47.750
  • Assessor Parcel Number: 2266082

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2024
Sold by
Patel Chiragkumar and Patel Pragnaben
Bought by
Giri Developments Llc
Current Estimated Value
$338,292

Purchase Details

Listed on
Mar 6, 2022
Closed on
Sep 16, 2022
Sold by
Route 68 Plaza Llc
Bought by
Patel Chiragkumar and Patel Pragnaben
Seller's Agent
Adam Bronko
RE/MAX RISE
Buyer's Agent
Adam Bronko
RE/MAX RISE
List Price
$299,000
Sold Price
$265,000
Premium/Discount to List
-$34,000
-11.37%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%

Purchase Details

Closed on
Apr 2, 2002
Sold by
Naugatuck Sb
Bought by
Route 68 Plaza Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.88%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Giri Developments Llc -- None Available
Giri Developments Llc -- None Available
Patel Chiragkumar $265,000 None Available
Patel Chiragkumar $265,000 None Available
Route 68 Plaza Llc $110,000 --
Route 68 Plaza Llc $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Route 68 Plaza Llc $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2022 09/19/22 Sold $265,000 -11.4% --
03/06/2022 03/06/22 For Sale $299,000 -- --
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
2025 $5,515 $138,600 $103,600 $35,000
2024 $5,792 $138,600 $103,600 $35,000
2023 $6,202 $138,600 $103,600 $35,000
2022 $5,766 $120,760 $103,960 $16,800
2021 $5,766 $120,760 $103,960 $16,800
2020 $5,766 $120,760 $103,960 $16,800
2019 $5,706 $120,760 $103,960 $16,800
2018 $5,600 $115,820 $99,020 $16,800
2017 $5,623 $115,820 $99,020 $16,800
2016 $5,521 $115,820 $99,020 $16,800
2015 $5,278 $115,820 $99,020 $16,800
2014 $5,219 $115,820 $99,020 $16,800
2012 $3,232 $96,320 $79,520 $16,800
Source: Public Records

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Map

Source: SmartMLS

MLS Number: 170471794

SmartMLS

APN: NAUG-000000L-E000124

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