NOT LISTED FOR SALE

728 Highland Ave Waterbury, CT 06708

West End District Neighborhood

Estimated Value: $270,666

3 Beds
1 Bath
2,000 Sq Ft
$135/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $180,000 $90 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,030/month

74 Days on Market

Highlights

  • Baseboard Heating
  • Wood Siding
  • Mini Split Air Conditioners
  • Level Lot

About This Home

As of February 2021

TOWN PLOT MIXED USE PROPERTY- WELL ESTABLISHED BAR ON THE 1ST FL & A 5 RM APT ON THE 2ND FL- ROOF APPROX 6 YRS OLD- BAR IS IN THE 2ND YR OF A 5 YR LEASE WITH A 5 YR OPTION- TENANT IN THE APT HAS BEEN THERE 4+ YRS AND IS MO-MO- BAR PAYS $1200 A YR FOR WATER & SEWER- YEARLY INCOME IS $31,884 -YEARLY EXPENSES ARE AS FOLLOWS: TAXES $6760, INS $1868, WATER & SEWER $1900

Last Agent to Sell the Property

Michael Vitale

Vitale Realty License #RES.0703470 Listed on: 08/18/2020

Last Buyer's Agent

Jennifer Bundock

Coldwell Banker Realty License #REB.0795345

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,760

Year Built

  • Built in 1918

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Home Design

  • 2,000 Sq Ft Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Asbestos Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Mini Split Air Conditioners
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,760

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Neighborhood: Town Plot
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2000
  • Public Record Living Room Sq Ft: 1151
  • Total Sq Ft: 2000
  • Year Built: 1918
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Directions: HIGHLAND AVE
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic: No

Exterior Features

  • Exterior Siding: Wood, Asbestos
  • Foundation Type: Slab
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway, Off Street Parking

Utilities

  • Cooling System: Split System
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.1600
  • Lot Description: Level Lot
  • Zoning: CN

Multi Family

  • Unit Count: 2
  • Total Multi Family: 5
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 6760
  • Mil Rate Base: 60.210
  • Assessor Parcel Number: 1392813

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
Aug 18, 2020
Closed on
Feb 24, 2021
Sold by
728 Highland Ave Llc
Bought by
Kmb Services Llc
Seller's Agent
Michael Vitale
Vitale Realty
Buyer's Agent
Jennifer Bundock
Coldwell Banker Realty
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%
Current Estimated Value
$270,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,666
Avg. Annual Appreciation
8.89%
Original Mortgage
$126,000
Outstanding Balance
$112,950
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$157,716

Purchase Details

Closed on
Mar 10, 2015
Sold by
Jr Frankspinelli and Spinelli Doreen M
Bought by
728 Highland Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 24, 2014
Sold by
Spinelli Frank J
Bought by
Spinelli Frank and Spinelli Doreen M
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
Kmb Services Llc $180,000 None Available
728 Highland Ave Llc $106,000 --
Spinelli Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kmb Services Llc $126,000
Previous Owner Spinelli Frank $95,000
Previous Owner Spinelli Frank $81,000
Previous Owner Spinelli Frank $51,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2021 02/24/21 Sold $180,000 -5.2% $90 / Sq Ft
10/31/2020 10/31/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $189,900 -- $95 / 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 $7,267 $161,560 $25,480 $136,080
2024 $7,988 $161,560 $25,480 $136,080
2023 $8,755 $161,560 $25,480 $136,080
2022 $6,760 $112,280 $25,450 $86,830
2021 $6,760 $112,280 $25,450 $86,830
2020 $6,760 $112,280 $25,450 $86,830
2019 $6,760 $112,280 $25,450 $86,830
2018 $6,760 $112,280 $25,450 $86,830
2017 $7,160 $118,910 $25,450 $93,460
2016 $7,160 $118,910 $25,450 $93,460
2015 $6,418 $110,230 $25,450 $84,780
2014 $6,418 $110,230 $25,450 $84,780
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Michael Vitale

    Vitale Realty

    (203) 233-8306

    24 in this area

    206 Total Sales

    Michael Vitale
    Section Image
  • Jennifer Bundock

    Buyer's Agent in 2021

    Jennifer Bundock

    Coldwell Banker

    (203) 632-7201

    8 in this area

    183 Total Sales

    Jennifer Bundock
    Section Image
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Map

Source: SmartMLS

MLS Number: 170328220

SmartMLS

APN: WATE-000435-001069-000031

Connecticut New Haven County Waterbury 06708 West End District

728 Highland Ave, Waterbury, CT

Not Listed for Sale

MultiFamily

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