Seller's Agent in 2022
Justin Cabral
West View Properties, LLC
(203) 217-2326
1 in this area
18 Total Sales
74 Tracy Ave Waterbury, CT 06706
South End District NeighborhoodEstimated Value: $385,000 - $483,000
6
Beds
3
Baths
3,160
Sq Ft
$138/Sq Ft
Est. Value
Highlights
- Attic
- No HOA
- Enclosed Patio or Porch
- Corner Lot
- 3 Car Detached Garage
- Central Air
About This Home
As of September 2022ATTENTION INVESTORS!! Now is your chance to own a meticulously maintained three-family in the Hopeville section of Waterbury. The property was updated with 72 new thermopane windows, a newer roof, and maintenance-free vinyl siding. All three of the property’s units have 2 bedrooms and a full bath, with beautiful woodwork throughout. The property features a detached three-car garage with electric openers, which can be rented out separately for additional income. All three units have separate electric and heating, with one water bill for all three. Currently, the property is owner and tenant-occupied, with one unit vacant. The rent is significantly below market rates. If the property was updated to market-rate rents, and the garages rented out separately, the property boasts an impressive 9.10% CAP rate based on current expenses. It is very hard to find a property as well kept, that will CASHFLOW as much as this one! Property is located in an opportunity zone, giving it great tax benefits. Potential Gross Income of *$46,800*. The second floor is viewable upon a second showing.
Last Agent to Sell the Property
West View Properties, LLC License #RES.0823512 Listed on: 07/06/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,851
Year Built
- Built in 1928
Lot Details
- 10,019 Sq Ft Lot
- Corner Lot
- Level Lot
- Sprinkler System
Home Design
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 3,160 Sq Ft Home
- Basement Fills Entire Space Under The House
- Storage In Attic
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Parking
- 3 Car Detached Garage
- Driveway
Outdoor Features
- Enclosed Patio or Porch
- Rain Gutters
Utilities
- Central Air
- Radiator
- Baseboard Heating
- Heating System Uses Natural Gas
- Heating System Uses Oil
- Electric Water Heater
- Fuel Tank Located in Basement
Community Details
- No Home Owners Association
- 3 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 6, 2022
Closed on
Sep 8, 2022
Sold by
Desantis Michael A
Bought by
Quizhpi Manuel
Seller's Agent
Justin Cabral
West View Properties, LLC
Buyer's Agent
Jason El-Eid
Cedar Land Realty, LLC
List Price
$349,900
Sold Price
$365,000
Premium/Discount to List
$15,100
4.32%
Views
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,000
Avg. Annual Appreciation
6.04%
Original Mortgage
$273,750
Outstanding Balance
$262,365
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$172,635
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Quizhpi Manuel | $365,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Quizhpi Manuel | $273,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2022 09/08/22 | Sold | $365,000 | +4.3% | $116 / Sq Ft |
| 07/11/2022 07/11/22 | Pending | -- | -- | -- |
| 07/08/2022 07/08/22 | For Sale | $349,900 | -- | $111 / 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 | $9,260 | $205,870 | $20,860 | $185,010 |
| 2024 | $10,178 | $205,870 | $20,860 | $185,010 |
| 2023 | $11,156 | $205,870 | $20,860 | $185,010 |
| 2022 | $5,851 | $97,170 | $20,920 | $76,250 |
| 2021 | $5,851 | $97,170 | $20,920 | $76,250 |
| 2020 | $5,851 | $97,170 | $20,920 | $76,250 |
| 2019 | $5,851 | $97,170 | $20,920 | $76,250 |
| 2018 | $5,851 | $97,170 | $20,920 | $76,250 |
| 2017 | $5,742 | $95,370 | $20,910 | $74,460 |
| 2016 | $5,742 | $95,370 | $20,910 | $74,460 |
| 2015 | $5,557 | $95,450 | $20,910 | $74,540 |
| 2014 | $5,557 | $95,450 | $20,910 | $74,540 |
Source: Public Records
Agents Affiliated with this Home
-
Justin Cabral
-
Stacy Hauser
Seller Co-Listing Agent in 2022
Stacy Hauser
West View Properties, LLC
(203) 841-8567
1 in this area
6 Total Sales
-
Jason El-Eid
J
Buyer's Agent in 2022
Jason El-Eid
Cedar Land Realty, LLC
(203) 206-0912
1 in this area
11 Total Sales
Map
Source: SmartMLS
MLS Number: 170506590
APN: WATE-000483-000329-000041
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