NOT LISTED FOR SALE

47 Gilbert St Derby, CT 06418

Estimated Value: $383,000 - $457,000

5 Beds
3 Baths
2,168 Sq Ft
$199/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $369,000 $170 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,764/month

120 Days on Market

Highlights

  • City View
  • No HOA
  • Hot Water Circulator
  • Property is near public transit
  • Public Transportation
  • Baseboard Heating

About This Home

As of September 2023

Savvy investors take note, opportunity awaits, here's your chance to buy this well maintained, and already fully leased 3 unit Multi- family home. Located in an excellent commuter location. The units consist of a One bedroom/one bath on the first level, and Two- 2 bedroom/1 bath apartments with laundry hookups and spacious eat in kitchens, on the second and third levels. Tenants would like to remain in place if possible and have been long term. Easy commute to Rte 34, Rte 8 and all the surrounding amenities and shopping. Don't miss out! This is a fantastic value and opportunity!

Last Agent to Sell the Property

Ligaya Wakefield

Keller Williams Prestige Prop. License #RES.0783672 Listed on: 05/03/2023

Keller Williams Prestige Prop.

Last Buyer's Agent

Marcelle Sahossi

Keller Williams Prestige Prop. License #RES.0803752

Keller Williams Prestige Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,669

Year Built

  • Built in 1926

Lot Details

  • 6,098

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • City Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway
  • Paved Parking
  • On-Street Parking

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Additional Features

  • Rain Gutters
  • 6,098 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Exclusions: as per inclusion exclusion addendum

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Public Transportation
  • Gross Income $39,012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,669

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Neighborhood: East Derby
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1472
  • Public Record Living Room Sq Ft: 1472
  • Sq Ft Est Heated Below Grade: 696
  • Total Sq Ft: 2168
  • Year Built: 1926
  • Nearby Amenities: Medical Facilities, Public Transportation
  • Property Sub Type: 3 Family
  • Exclusions: as per inclusion exclusion addendum
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Tax Year Updated Dt: 07/18/2023
  • Directions: Rte 34 to Gilbert
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full
  • Laundry Room Location: hookups in units
  • Laundry Room Info: Hook-Up In Unit 2, Hook-Up In Unit 3
  • Attic: No
  • Street Number Modifier: 47

Exterior Features

  • Exterior Features: Gutters
  • Exterior Siding: Aluminum
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, On Street Parking
  • Driveway Type: Paved
  • Total Parking Spaces: 2

Utilities

  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Per Board of Ed
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.1400
  • Lot Description: City Views
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R-5

Multi Family

  • Gross Annual Income: 39012
  • Unit Count: 3
  • Total Multi Family: 11
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 4669
  • Total Assessed Value: 120960
  • Mil Rate Base: 38.600
  • Mil Rate Total: 38.600
  • Assessor Parcel Number: 1093701

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Sep 28, 2023
Sold by
Rose Curtis
Bought by
Rose Curtis and Rose Jessica M
Seller's Agent
Ligaya Wakefield
Keller Williams Prestige Prop.
Buyer's Agent
Marcelle Sahossi
Keller Williams Prestige Prop.
List Price
$379,000
Sold Price
$369,000
Premium/Discount to List
-$10,000
-2.64%
Views
507
Current Estimated Value
$430,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,792
Avg. Annual Appreciation
8.13%
Original Mortgage
$368,207
Outstanding Balance
$360,489
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
$71,664

Purchase Details

Listed on
May 3, 2023
Closed on
Aug 28, 2023
Sold by
Equity Vent Group Llc
Bought by
Rose Curtis
Seller's Agent
Ligaya Wakefield
Keller Williams Prestige Prop.
Buyer's Agent
Marcelle Sahossi
Keller Williams Prestige Prop.
List Price
$379,000
Sold Price
$369,000
Premium/Discount to List
-$10,000
-2.64%
Views
507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,207
Outstanding Balance
$360,489
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
$71,664

Purchase Details

Listed on
Jun 24, 2021
Closed on
Sep 1, 2021
Sold by
Lada Lisa and Lada Raymond
Bought by
Equity Vent Group Llc
Seller's Agent
David White
OwnerEntry.com
Buyer's Agent
David White
OwnerEntry.com
List Price
$330,000
Sold Price
$280,000
Premium/Discount to List
-$50,000
-15.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.80%
Original Mortgage
$255,625
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2003
Sold by
Prop Solutions Llc
Bought by
Lada Raymond and Lada Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.28%
Mortgage Type
Purchase Money Mortgage
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
Rose Curtis -- None Available
Rose Curtis $375,000 None Available
Equity Vent Group Llc $280,000 None Available
Lada Raymond $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rose Curtis $368,207
Previous Owner Equity Vent Group Llc $255,625
Previous Owner Vallo Richard $96,000
Previous Owner Vallo Richard $117,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $369,000 -2.6% $170 / Sq Ft
05/03/2023 05/03/23 For Sale $379,000 +35.4% $175 / Sq Ft
09/01/2021 09/01/21 Sold $280,000 -15.2% $190 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $330,000 0.0% $224 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $330,000 -- $224 / 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 $5,225 $120,960 $19,860 $101,100
2024 $5,225 $120,960 $19,880 $101,080
2023 $4,669 $120,960 $19,880 $101,080
2022 $4,669 $120,960 $19,880 $101,080
2021 $4,669 $120,960 $19,880 $101,080
2020 $3,743 $85,330 $19,880 $65,450
2019 $3,573 $85,330 $19,880 $65,450
2018 $3,359 $85,330 $19,880 $65,450
2017 $3,359 $85,330 $19,880 $65,450
2016 $3,359 $85,330 $19,880 $65,450
2015 $3,255 $91,070 $24,920 $66,150
2014 $3,255 $91,070 $24,920 $66,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170567304

SmartMLS

APN: DERB-000007-000006-000082A