NOT LISTED FOR SALE

Estimated Value: $271,451 - $409,000

11 Beds
3 Baths
3,980 Sq Ft
$85/Sq Ft Est. Value

Last Sold April 03, 2020

Last sale price $157,000 $39 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,160/month

84 Days on Market

Highlights

  • Property is near public transit
  • Thermal Windows
  • Public Transportation
  • No HOA
  • Porch
  • Baseboard Heating

About This Home

As of April 2020

This is an opportunity to own a three-family with big unit mix in the Waterville neighborhood of Waterbury with $22k + NOI. This property features: two units with 4 bedrooms each + 3rd floor is a 3 bed unit. The building was remodeled in 2008 - inside and out + lead paint abated. The interior units have updated kitchens, baths, flooring with washer/dryer hook ups in each unit + there is new plumbing and electrical + the porches and siding have been refurbished. 1st and 2nd fl are oil heat and 3rd fl is electric heat. All units have gas for cooking and gas hot water heaters. All utilities are separate and tenant paid. There is no driveway, only on-street parking. Good investment if you're looking for low maintenance + 13% CAP return!

Last Agent to Sell the Property

Amanda Sheehan

Oxford Realty License #REB.0795097 Listed on: 01/06/2020

Oxford Realty

Last Buyer's Agent

Christina Whitting

Doubleclick Properties LLC License #REB.0792092

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,989

Year Built

  • Built in 1917

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 3,980 Sq Ft Home
  • Thermal Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 3 Full Bathrooms

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Public Transportation
  • Gross Income $34,020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,989

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Neighborhood: Waterville
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3980
  • Public Record Living Room Sq Ft: 3980
  • Total Sq Ft: 3980
  • Year Built: 1917
  • Nearby Amenities: 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
  • Directions: Hillside to Fairview OR Manhan to Fairview
  • Special Features: None

Interior Features

  • Total Bedrooms: 11
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full, Unfinished
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No
  • Street Number Modifier: 64

Exterior Features

  • Exterior Features: Porch, Sidewalk
  • Exterior Siding: Vinyl Siding, Aluminum
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway, On Street Parking

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.1100
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RM

Multi Family

  • Gross Annual Income: 34020
  • Net Operating Income: 22100
  • Unit Count: 3
  • Total Multi Family: 17
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 1989
  • Total Assessed Value: 33040
  • Mil Rate Base: 60.210
  • Mil Rate Total: 60.210
  • Assessor Parcel Number: 1377938

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2020
Closed on
Apr 6, 2020
Sold by
Bell Properties Llc
Bought by
Desriviere Eddy J
Seller's Agent
Amanda Sheehan
Oxford Realty
Buyer's Agent
Christina Whitting
Doubleclick Properties LLC
List Price
$169,900
Sold Price
$157,000
Premium/Discount to List
-$12,900
-7.59%
Current Estimated Value
$339,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,863
Avg. Annual Appreciation
15.31%
Original Mortgage
$117,750
Outstanding Balance
$104,764
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$235,099

Purchase Details

Closed on
Aug 28, 2017
Sold by
Campano Joseph J
Bought by
Bell Properties Llc

Purchase Details

Closed on
May 15, 2008
Sold by
Acevedo Rosa G
Bought by
Campano Joseph

Purchase Details

Closed on
Jun 2, 2003
Sold by
Janik Irena
Bought by
Desouza Geraldo and Desouza Lucimary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,900
Interest Rate
5.86%

Purchase Details

Closed on
Oct 9, 1998
Sold by
Berry James T
Bought by
Zappone Robert
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
Desriviere Eddy J $157,000 None Available
Bell Properties Llc -- --
Campano Joseph $90,000 --
Desouza Geraldo $122,400 --
Zappone Robert $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zappone Robert $117,750
Previous Owner Zappone Robert $120,000
Previous Owner Zappone Robert $97,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2020 04/03/20 Sold $157,000 -7.6% $39 / Sq Ft
03/30/2020 03/30/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $169,900 -- $43 / 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 $3,747 $83,300 $7,140 $76,160
2024 $4,118 $83,300 $7,140 $76,160
2023 $4,514 $83,300 $7,140 $76,160
2022 $2,512 $41,720 $7,150 $34,570
2021 $2,512 $41,720 $7,150 $34,570
2020 $1,989 $33,040 $7,150 $25,890
2019 $1,989 $33,040 $7,150 $25,890
2018 $1,989 $33,040 $7,150 $25,890
2017 $2,018 $33,520 $7,160 $26,360
2016 $2,018 $33,520 $7,160 $26,360
2015 $1,952 $33,520 $7,160 $26,360
2014 $1,952 $33,520 $7,160 $26,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170261181

SmartMLS

APN: WATE-000233-000535-000030