NOT LISTED FOR SALE

7 Olive St Danbury, CT 06810

Germantown Neighborhood

Estimated Value: $550,000 - $671,000

0.34 Acre
$1,788,041 Price per Acre
14,810 Sq Ft Lot

Last Sold April 28, 2022

Last sale price $127,500 $62 Per Sq Ft

Est. 376% increase in value since last sale

Current estimated payment $3,897/month

148 Days on Market

About This Lot

As of April 2022

Approved building lot in quiet neighborhood. Close to; train station, shopping, West Conn U, Danbury Hospital, etc. Great escape from NYC. The lot slopes gradually from front to back so the home can have a walkout basement. Municipal water and sewer. Great lot for starter home or single level living for empty-nesters. Motivated to sell, Asking $175K. Start building now and you can be in your new home in early '22.

Last Agent to Sell the Property

Catherine Marie Critelli

Forland Realty Group LLC License #RES.0808063 Listed on: 11/10/2021

Co-Listed By

Hans Forland

Forland Realty Group LLC License #RES.0823375

Last Buyer's Agent

Rick Jowdy

RJ Real Estate License #REB.0346370

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,576

Lot Details

  • 0.34 Acre Lot
  • Property is zoned RA20

Schools

  • Danbury High School

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$1,576

Lot Details

0

Listing Details

  • Neighborhood: City Center
  • Property Type: Lots and Land For Sale
  • Remarks Public Addendum: Approved building lot in quiet neighborhood. Close to; train station, shopping, West Conn U, Danbury Hospital, etc. Great escape from NYC. The lot slopes gradually from front to back so the home can have a walkout basement. Municipal water and sewer. Grea
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: Wildman Street to James Street left to Olive Street
  • Special Features: None

Exterior Features

  • Road Frontage Description: Municipal Street

Utilities

  • Water Source: Public Water In Street
  • Sewer: Public Sewer In Street
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.3400
  • Lot Description: N/A
  • Flood Zone: No
  • Lot Improvements: Approved Building Lot
  • Lots Number Of: 1
  • Zoning: RA20

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 1576
  • Mil Rate Base: 27.600
  • Assessor Parcel Number: 87050

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2022
Sold by
Twin Hills Llc
Bought by
Meksvanh Dalakoun and Meksvanh Keolakone
Current Estimated Value
$607,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Outstanding Balance
$442,050
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$165,884

Purchase Details

Listed on
Nov 10, 2021
Closed on
Apr 22, 2022
Sold by
Jmd Dev Partners Llc
Bought by
Twin Hills Llc
Seller's Agent
Catherine Marie Critelli
Forland Realty Group LLC
Buyer's Agent
Rick Jowdy
RJ Real Estate
List Price
$175,000
Sold Price
$127,500
Premium/Discount to List
-$47,500
-27.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.18%

Purchase Details

Closed on
Dec 22, 1999
Sold by
Kriss Peter Est and Kane
Bought by
Dasilva Albeto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.61%
Mortgage Type
Purchase Money Mortgage
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
Meksvanh Dalakoun $575,000 None Available
Twin Hills Llc $127,500 None Available
Dasilva Albeto $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meksvanh Dalakoun $460,000
Previous Owner Dasilva Albeto $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2022 04/28/22 Sold $127,500 -27.1% $62 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
11/10/2021 11/10/21 For Sale $175,000 -- $85 / 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 $8,640 $345,730 $64,890 $280,840
2024 $7,394 $302,540 $64,890 $237,650
2023 $8,131 $348,530 $64,890 $283,640
2022 $1,611 $57,100 $57,100 $0
2021 $1,576 $57,100 $57,100 $0
2020 $1,576 $57,100 $57,100 $0
2019 $1,576 $57,100 $57,100 $0
2018 $1,576 $57,100 $57,100 $0
2017 $1,575 $54,400 $54,400 $0
2016 $1,560 $54,400 $54,400 $0
2015 $1,537 $54,400 $54,400 $0
2014 $1,501 $54,400 $54,400 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Catherine Marie Critelli

    Forland Realty Group LLC

    Section Image

  • H

    Seller Co-Listing Agent in 2022

    Hans Forland

    Forland Realty Group LLC

    Section Image
  • Rick Jowdy

    Buyer's Agent in 2022

    Rick Jowdy

    RJ Real Estate

    (203) 512-2011

    1 in this area

    22 Total Sales

    Rick Jowdy
    Section Image
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Map

Source: SmartMLS

MLS Number: 170451708

SmartMLS

APN: DANB-000012K-000000-000117

Connecticut Fairfield County Danbury 06810 Germantown

7 Olive St, Danbury, CT

Not Listed for Sale

Lots

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