NOT LISTED FOR SALE

71 Franklin St Ansonia, CT 06401

Estimated Value: $474,000 - $510,000

6 Beds
3 Baths
2,948 Sq Ft
$166/Sq Ft Est. Value

Last Sold July 29, 2020

Last sale price $279,000 $95 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,105/month

105 Days on Market

Highlights

  • No HOA
  • Shed
  • Private Driveway
  • Porch
  • Baseboard Heating
  • Level Lot

About This Home

As of July 2020

Legal 3-Unit Investment Income Producing Property that is fully Occupied. New Roof, Gutters and downspouts 2019 (complete tear-off and replace). The property has newer mechanical natural gas boilers and water heaters. Many updates including PVC waste pipes in basement. All Circuit Breaker electrical boxes. Each unit consists of 4 rooms (2 beds, living room and eat-in kitchen) bathrooms have full size fiberglass tubs. Each tenant has there own off-street parking area. 1st and 2nd Floor units have Washer/Dryer in unit. 3rd Floor has washer/dryer in basement. Front and rear porches have new pressure treated lumber installed. The hallways have been painted and lighting has been installed. There is a nice private back yard for tenants to enjoy. A sound investment that is located in a desirable section of town convent access to Rout 8.

Last Agent to Sell the Property

Joseph Martino

Joseph Martino Real Estate License #REB.0792369 Listed on: 11/15/2019

Last Buyer's Agent

Joseph Martino

Joseph Martino Real Estate License #REB.0792369 Listed on: 11/15/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,842

Year Built

  • Built in 1880

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

  • 2,948 Sq Ft Home
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Private Driveway
  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting
  • Shed
  • Rain Gutters
  • Porch

Schools

  • Ansonia High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $35,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,842

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2948
  • Public Record Living Room Sq Ft: 2948
  • Total Sq Ft: 2948
  • Year Built: 1880
  • Remarks Public Addendum: Ask for income and expense sheet
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 4822
  • Tax Year Updated Dt: 07/13/2020
  • Directions: GPS
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full, Full With Hatchway, Interior Access
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No
  • Street Number Modifier: 71

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking, Parking Lot
  • Driveway Type: Private, Paved

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Assess Description: 810 per year

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1500
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: B

Multi Family

  • Gross Annual Income: 35100
  • Net Operating Income: 26248
  • Unit Count: 3
  • Total Multi Family: 12
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4842
  • Total Assessed Value: 128100
  • Mil Rate Base: 37.800
  • Mil Rate Total: 37.800
  • Assessor Parcel Number: 1045650

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2021
Sold by
Lornespi Holdings Llc
Bought by
Jjportfolio Llc
Current Estimated Value
$489,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,042,900
Outstanding Balance
$959,194
Interest Rate
3.11%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
-$470,194

Purchase Details

Closed on
Oct 28, 2020
Sold by
Espinosa Jeiver
Bought by
Lornespi Holdings Llc

Purchase Details

Listed on
Nov 15, 2019
Closed on
Jul 27, 2020
Sold by
Noels No Brainers Llc
Bought by
Espinosa Jeiver
Seller's Agent
Joseph Martino
Joseph Martino Real Estate
Buyer's Agent
Joseph Martino
Joseph Martino Real Estate
List Price
$299,000
Sold Price
$279,000
Premium/Discount to List
-$20,000
-6.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.33%
Original Mortgage
$209,250
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2015
Sold by
Chadwick Michael and Chadwick Elizabeth
Bought by
Noels No Brainers Llc

Purchase Details

Closed on
Feb 25, 2015
Sold by
Noels No Brainers Llc
Bought by
Chadwick Elizabeth and Chadwick Michael

Purchase Details

Closed on
Jul 21, 2014
Sold by
Chadwick Edward
Bought by
Noels No Brainers Llc

Purchase Details

Closed on
Sep 25, 2002
Sold by
Chadwick Lenore
Bought by
Chadwick Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.25%
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
Jjportfolio Llc -- None Available
Lornespi Holdings Llc -- None Available
Espinosa Jeiver $279,000 None Available
Noels No Brainers Llc -- --
Chadwick Elizabeth -- --
Noels No Brainers Llc -- --
Chadwick Charles $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jjportfolio Llc $1,042,900
Previous Owner Espinosa Jeiver $209,250
Previous Owner Chadwick Charles $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2020 07/29/20 Sold $279,000 -6.7% $95 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
11/15/2019 11/15/19 For Sale $299,000 0.0% $101 / Sq Ft
02/02/2016 02/02/16 Rented $825 -2.9% --
02/02/2016 02/02/16 For Rent $850 +17.2% --
01/05/2016 01/05/16 Rented $725 0.0% --
01/05/2016 01/05/16 For Rent $725 -21.6% --
10/16/2014 10/16/14 Rented $925 -7.5% --
10/16/2014 10/16/14 For Rent $1,000 +11.1% --
11/19/2013 11/19/13 Rented $900 -18.2% --
11/18/2013 11/18/13 Under Contract -- -- --
10/17/2013 10/17/13 For Rent $1,100 -- --
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 $6,241 $218,610 $37,380 $181,230
2024 $5,791 $218,610 $37,380 $181,230
2023 $5,736 $218,610 $37,380 $181,230
2022 $4,827 $127,700 $37,700 $90,000
2021 $4,827 $127,700 $37,700 $90,000
2020 $4,842 $128,100 $37,700 $90,400
2019 $4,842 $128,100 $37,700 $90,400
2018 $4,781 $128,100 $37,700 $90,400
2017 $3,833 $102,700 $39,900 $62,800
2016 $3,833 $102,700 $39,900 $62,800
2015 $3,853 $102,700 $39,900 $62,800
2014 $3,965 $102,700 $39,900 $62,800
2013 $4,040 $102,700 $39,900 $62,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170252502

SmartMLS

APN: ANSO-000021-000062