NOT LISTED FOR SALE

76 Lounsbury Ave Waterbury, CT 06706

Downtown Waterbury Neighborhood

Estimated Value: $313,000 - $399,000

6 Beds
3 Baths
3,078 Sq Ft
$116/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $177,500 $58 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,449/month

22 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Public Transportation
  • Attic
  • Porch
  • Baseboard Heating

About This Home

As of January 2021

Check out this opportunity to own a large, turn key three-family investment with 9+% CAP rate. The unit mix consists of (3) 2 bed/1 bath units - with LR, DR, EIK + washer/dryer hookups - currently 100% occupied. The property has vinyl siding and replacement windows - in good condition. The units feature various updates in the kitchens, baths, hardwood floors + fixtures. The utilities are separate with gas heat and hot water. The electric is updated. H, HW and electric are tenant paid. There is a private driveway and off-street parking behind the property. This is a great opportunity for someone looking for a turn key property with stable tenants/income to start their portfolio or add on.

Last Agent to Sell the Property

Amanda Sheehan

Oxford Realty License #REB.0795097 Listed on: 10/08/2020

Oxford Realty

Last Buyer's Agent

Paul Roger

Full Service Realty LLC License #REB.0756454

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,185

Year Built

  • Built in 1915

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 3,078 Sq Ft Home
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • Private Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting
  • Porch

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Public Transportation
  • Gross Income $27,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,185

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Neighborhood: South End
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3078
  • Public Record Living Room Sq Ft: 3078
  • Total Sq Ft: 3078
  • Year Built: 1915
  • Nearby Amenities: Commuter Bus, Park, Public Rec Facilities, Public Transportation, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: S Main St to Lounsbury Ave.
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Crawl Space
  • Basement Description: Full, Unfinished
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes
  • Street Number Modifier: 76

Exterior Features

  • Exterior Features: Lighting, Porch, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Masonry
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1000
  • Lot Description: N/A
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RM

Multi Family

  • Gross Annual Income: 27000
  • Net Operating Income: 16685
  • Unit Count: 3
  • Total Multi Family: 15
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4185
  • Total Assessed Value: 69500
  • Mil Rate Base: 60.210
  • Mil Rate Total: 60.210
  • Assessor Parcel Number: 1390251

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2009
Sold by
Goncalves Joao S
Bought by
Goncalves Joao S and Goncalves Maria H
Total Days on Market
22
Current Estimated Value
$354,000

Purchase Details

Closed on
Jul 6, 2009
Sold by
Grassar Cecilio and Hsbc Bank Usa
Bought by
Hsbc Bank Usa

Purchase Details

Closed on
Oct 8, 2004
Sold by
J & D Equities
Bought by
Grassar Cecilio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,700
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
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
Goncalves Joao S -- --
Goncalves Joao S $52,000 --
Hsbc Bank Usa -- --
Grassar Cecilio $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pinero Lindsey $174,284
Closed J & D Equities $77,000
Previous Owner J & D Equities $172,000
Previous Owner J & D Equities $92,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2021 01/04/21 Sold $177,500 -1.3% $58 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $179,900 -- $58 / 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 $6,127 $136,220 $12,600 $123,620
2024 $6,735 $136,220 $12,600 $123,620
2023 $7,382 $136,220 $12,600 $123,620
2022 $4,185 $69,500 $12,600 $56,900
2021 $4,185 $69,500 $12,600 $56,900
2020 $4,185 $69,500 $12,600 $56,900
2019 $4,185 $69,500 $12,600 $56,900
2018 $4,185 $69,500 $12,600 $56,900
2017 $4,367 $72,530 $12,600 $59,930
2016 $4,367 $72,530 $12,600 $59,930
2015 $4,223 $72,530 $12,600 $59,930
2014 $4,223 $72,530 $12,600 $59,930
Source: Public Records

Agents Affiliated with this Home

  • Amanda Sheehan

    Seller's Agent in 2021

    Amanda Sheehan

    Oxford Realty

    (203) 314-4219

    88 in this area

    175 Total Sales

    Section Image
  • Paul Roger

    Buyer's Agent in 2021

    Paul Roger

    Full Service Realty LLC

    (203) 768-8803

    36 in this area

    84 Total Sales

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Map

Source: SmartMLS

MLS Number: 170344996

SmartMLS

APN: WATE-000392-000301-000041

Connecticut New Haven County Waterbury 06706 Downtown Waterbury

76 Lounsbury Ave, Waterbury, CT

This home is located at 76 Lounsbury Ave, Waterbury, CT 06706 since 08 October 2020 and is currently estimated at $356,000, approximately $115 per square foot. This property was built in 1915. 76 Lounsbury Ave is a home located in New Haven County with nearby schools including Hopeville School, West Side Middle School, and John F. Kennedy High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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