470 Cherry St Naugatuck, CT 06770
5
Beds
2
Baths
2,072
Sq Ft
0.3
Acres
Highlights
- Attic
- Enclosed patio or porch
- Hot Water Circulator
- Balcony
- Garden
- Ceiling Fan
About This Home
As of October 2024Neat and clean two-family home in a very quiet neighborhood of Naugatuck. Located at the end of Cherry Street Extension, get ready for privacy. Plenty of space in the backyard for a get together with large concrete patio and pergola when seeking relief from the summer-time sun! First floor unit features three bedrooms, one full bath and open floor plan connecting the kitchen to the dining and living rooms. Mudroom with slate flooring off the kitchen makes this first floor unit truly functional. The basement is partially finished as a game room or man cave. The unfinished portion offers plenty of room for storage and washer/dryer hookups. The second floor unit has beautiful screened in porch overlooking the backyard and an open-air porch overlooking the front. Eat-in kitchen, living room and two bedrooms with full bath finish off this level. The detached two car garage has plenty of room for two cars and storage both in the garage and overhead loft. This property has not been rented for years, but has been well cared for. New roof installed in 2021! Excellent opportunity as an investment or owner-occupant looking to offset mortgage payments with rental income. Take a look at one of the very few multi-families on the market in town while it lasts!
Last Agent to Sell the Property
Drakeley Real Estate, Inc. License #RES.0794740 Listed on: 09/13/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,149
Year Built
- Built in 1924
Lot Details
- 0.3 Acre Lot
- Level Lot
- Garden
Parking
- 2 Car Garage
Home Design
- Brick Exterior Construction
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Masonry Siding
- Vinyl Siding
Interior Spaces
- 2,072 Sq Ft Home
- Ceiling Fan
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Attic
- Attic Floors
- Storage In Attic
- Walkup Attic
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Basement Storage
Outdoor Features
- Balcony
- Enclosed patio or porch
- Rain Gutters
Schools
- Andrew Avenue Elementary School
- City Hill Middle School
- Hillside Middle School
- Naugatuck High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Floor Furnace
- Hot Water Heating System
- Heating System Uses Oil
- Hot Water Circulator
- Fuel Tank Located in Basement
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 2266178
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 13, 2024
Closed on
Oct 16, 2024
Sold by
Almeida Carlos M and Almeida Isabel
Bought by
Rinelli Fabricio
Seller's Agent
Katherine Parlato
Drakeley Real Estate, Inc.
Buyer's Agent
Jo Moreira
Clearview Realty LLC
List Price
$375,000
Sold Price
$405,000
Premium/Discount to List
$30,000
8%
Views
47
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$630
Avg. Annual Appreciation
-0.88%
Original Mortgage
$266,000
Outstanding Balance
$264,495
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$138,104
Purchase Details
Closed on
Nov 23, 1977
Bought by
Almeida Carlos M and Almeida Isabel
Similar Homes in Naugatuck, CT
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $405,000 | None Available | |
| Warranty Deed | $405,000 | None Available | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $266,000 | Purchase Money Mortgage | |
| Closed | $266,000 | Purchase Money Mortgage | |
| Previous Owner | $90,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/16/2024 10/16/24 | Sold | $405,000 | +8.0% | $195 / Sq Ft |
| 10/03/2024 10/03/24 | Pending | -- | -- | -- |
| 09/13/2024 09/13/24 | For Sale | $375,000 | -- | $181 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $7,149 | $171,080 | $28,070 | $143,010 |
| 2023 | $7,656 | $171,080 | $28,070 | $143,010 |
| 2022 | $5,216 | $109,230 | $30,150 | $79,080 |
| 2021 | $5,216 | $109,230 | $30,150 | $79,080 |
| 2020 | $5,216 | $109,230 | $30,150 | $79,080 |
| 2019 | $5,161 | $109,230 | $30,150 | $79,080 |
| 2018 | $4,894 | $101,210 | $36,270 | $64,940 |
| 2017 | $4,914 | $101,210 | $36,270 | $64,940 |
| 2016 | $4,825 | $101,210 | $36,270 | $64,940 |
| 2015 | $4,612 | $101,210 | $36,270 | $64,940 |
| 2014 | $4,561 | $101,210 | $36,270 | $64,940 |
| 2012 | $5,768 | $171,920 | $45,800 | $126,120 |
Source: Public Records
Agents Affiliated with this Home
-
Katherine Parlato
Seller's Agent in 2024
Katherine Parlato
Drakeley Real Estate, Inc.
(203) 592-0443
2 in this area
78 Total Sales
-
Jo Moreira
Buyer's Agent in 2024
Jo Moreira
Clearview Realty LLC
(203) 537-0819
17 in this area
105 Total Sales
Map
Source: SmartMLS
MLS Number: 24044519
APN: NAUG-000000T-W020106
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