M
Seller's Agent in 2020
Michael DiCarlo
Realty Group of New England, LLC
(203) 206-9526
3 in this area
10 Total Sales
722 E Main St Waterbury, CT 06702
East End District Neighborhood
7
Beds
4
Baths
4,985
Sq Ft
3,920
Sq Ft Lot
Highlights
- Corner Lot
- 2 Car Detached Garage
- Concrete Flooring
- No HOA
- Baseboard Heating
About This Home
As of October 2020The building's 1st floor is currently occupied by an active grocery store which pays $1000 a month and has a 5 year lease. The 2nd and 3d floor have 2 two bedroom apartments. The one that is currently vacant on the 2nd floor is 5 rooms, 2 or 3 bedrooms and needs some work. There is also a detached stand alone 750 square foot concrete garage or warehouse on the property. With the building fully rented, including the garage, this property should generate $42,000 in annual income. It very likely will not qualify for traditional bank financing. The owner is looking for a cash buyer and the property is being sold in "AS-IS" condition.
Last Agent to Sell the Property
Realty Group of New England, LLC License #RES.0181440 Listed on: 07/04/2020
Last Buyer's Agent
Eric Bierce
Dave Jones Realty, LLC License #RES.0807763
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1932
Lot Details
- 3,920 Sq Ft Lot
- Corner Lot
Home Design
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Shake Siding
Interior Spaces
- 4,985 Sq Ft Home
- Concrete Flooring
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Full Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Basement Storage
Parking
- 2 Car Detached Garage
- Driveway
Utilities
- Baseboard Heating
- Heating System Uses Gas
- Heating System Uses Natural Gas
- Gas Available at Street
- Fuel Tank Located in Basement
Community Details
- No Home Owners Association
- 4 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 4, 2020
Closed on
Oct 26, 2020
Sold by
Fsb Llc
Bought by
Tap Petroleum Corp
Seller's Agent
Michael DiCarlo
Realty Group of New England, LLC
Buyer's Agent
Eric Bierce
Dave Jones Realty, LLC
List Price
$109,500
Sold Price
$90,000
Premium/Discount to List
-$19,500
-17.81%
Purchase Details
Closed on
Apr 7, 2009
Sold by
Decosmo Robert and Daddona David
Bought by
Fsb Llc
Purchase Details
Closed on
Dec 1, 2003
Sold by
Velezis Alex J
Bought by
Mad River Dev
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tap Petroleum Corp | $90,000 | None Available | |
| Fsb Llc | -- | -- | |
| Mad River Dev | $180,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/28/2020 10/28/20 | Sold | $90,000 | -9.5% | $18 / Sq Ft |
| 10/08/2020 10/08/20 | Pending | -- | -- | -- |
| 09/28/2020 09/28/20 | Price Changed | $99,500 | -9.1% | $20 / Sq Ft |
| 09/15/2020 09/15/20 | For Sale | $109,500 | 0.0% | $22 / Sq Ft |
| 09/13/2020 09/13/20 | Pending | -- | -- | -- |
| 09/09/2020 09/09/20 | Price Changed | $109,500 | -8.4% | $22 / Sq Ft |
| 08/12/2020 08/12/20 | For Sale | $119,500 | 0.0% | $24 / Sq Ft |
| 08/03/2020 08/03/20 | Pending | -- | -- | -- |
| 07/25/2020 07/25/20 | Price Changed | $119,500 | -7.7% | $24 / Sq Ft |
| 07/13/2020 07/13/20 | Price Changed | $129,500 | +36.3% | $26 / Sq Ft |
| 07/04/2020 07/04/20 | For Sale | $95,000 | -- | $19 / 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 |
|---|---|---|---|---|
| 2025 | $8,674 | $192,850 | $47,810 | $145,040 |
| 2024 | $9,535 | $192,850 | $47,810 | $145,040 |
| 2023 | $10,451 | $192,850 | $47,810 | $145,040 |
| 2022 | $6,159 | $102,290 | $47,780 | $54,510 |
| 2021 | $6,159 | $102,290 | $47,780 | $54,510 |
| 2020 | $6,159 | $102,290 | $47,780 | $54,510 |
| 2019 | $6,159 | $102,290 | $47,780 | $54,510 |
| 2018 | $6,159 | $102,290 | $47,780 | $54,510 |
| 2017 | $4,953 | $82,270 | $47,780 | $34,490 |
| 2016 | $4,953 | $82,270 | $47,780 | $34,490 |
| 2015 | $4,790 | $82,270 | $47,780 | $34,490 |
| 2014 | $4,790 | $82,270 | $47,780 | $34,490 |
Source: Public Records
Agents Affiliated with this Home
-
Michael DiCarlo
-
E
Buyer's Agent in 2020
Eric Bierce
Dave Jones Realty, LLC
Map
Source: SmartMLS
MLS Number: 170312981
APN: WATE-000296-000093-000089
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