NOT LISTED FOR SALE

7 Foster St Danbury, CT 06810

Downtown Danbury Neighborhood

Estimated Value: $803,812 - $881,000

7 Beds
5 Baths
3,097 Sq Ft
$271/Sq Ft Est. Value

Sale Details

Date Sold: August 4, 2021

Last sale price $625,000 $202 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,404 / mo

154 Days on Market

Highlights

  • Attic
  • Baseboard Heating
  • 3-minute walk to Elmwood Park
  • No HOA

About This Home

As of August 2021

Incredible investment opportunity in Danbury. Four family home with all tenants on separate gas and electric meters. Operating expenses are minimal. All four units were renovated in 2015 (new electrical - including sub-panels, new plumbing, new insulation, windows, doors, etc.). All four units are occupied and the tenants are all on month to month leases and have been around for a while. This is one of the few situations that has a driveway that can hold up to roughly 15 parking spots. I made this property as maintenance free as possible. The rents are below market. Take one unit for yourself and rent the rest or buy this as a pure investment. The numbers work!

Last Agent to Sell the Property

David White

OwnerEntry.com License #REB.0792976 Listed on: 03/01/2021

Last Buyer's Agent

David White

OwnerEntry.com License #REB.0792976 Listed on: 03/01/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,602

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot

Home Design

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

Interior Spaces

  • 3,097 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Parking

  • Driveway
  • Paved Parking

Schools

  • Danbury High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $57,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,602

Year Built

Built in 1900

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Neighborhood: City Center
  • Property Type: Multi-Family For Sale
  • Style: 4updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3097
  • Public Record Living Room Sq Ft: 3097
  • Total Sq Ft: 3097
  • Year Built: 1900
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4802
  • Tax Year Updated Dt: 07/19/2021
  • Directions: off of West St
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement Description: Full
  • Attic: Yes

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Driveway

Utilities

  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1800
  • Lot Description: N/A
  • Zoning: R3

Multi Family

  • Gross Annual Income: 57000
  • Unit Count: 4
  • Total Multi Family: 22
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 9602
  • Mil Rate Base: 27.600
  • Assessor Parcel Number: 80966

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Jul 29, 2021
Sold by
Bought by
Seller's Agent
David White
OwnerEntry.com
Buyer's Agent
David White
OwnerEntry.com
List Price
$625,000
Sold Price
$625,000
Current Estimated Value
$839,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,937
Avg. Annual Appreciation
6.10%
Original Mortgage
$468,750
Interest Rate
0.0293%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2000
Sold by
Bought by

Purchase Details

Closed on
Oct 14, 1993
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$625,000 None Available
$200,000 --
$164,750 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $468,750
Previous Owner $392,000
Previous Owner $253,200
Previous Owner $27,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/04/2021 08/04/21 Sold $625,000 0.0% $202 / Sq Ft
03/01/2021 03/01/21 For Sale $625,000 -- $202 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,920 $396,970 $68,460 $328,510
2024 $9,702 $396,970 $68,460 $328,510
2023 $9,261 $396,970 $68,460 $328,510
2022 $9,818 $347,900 $57,700 $290,200
2021 $9,602 $347,900 $57,700 $290,200
2020 $9,602 $347,900 $57,700 $290,200
2019 $9,602 $347,900 $57,700 $290,200
2018 $9,602 $347,900 $57,700 $290,200
2017 $7,521 $259,800 $55,000 $204,800
2016 $7,451 $259,800 $55,000 $204,800
2015 $7,342 $259,800 $55,000 $204,800
2014 $7,170 $259,800 $55,000 $204,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    David White

    OwnerEntry.com

    (617) 542-9300

    2 in this area

    765 Total Sales

    David White
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Map

Source: SmartMLS

MLS Number: 170376314

SmartMLS

APN: DANB-000015I-000000-000280

Connecticut Fairfield County Danbury 06810 Downtown Danbury

7 Foster St, Danbury, CT

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SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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