NOT LISTED FOR SALE

8 Balmforth Ave Danbury, CT 06810

Danbury Area

Estimated Value: $555,887 - $698,000

6 Beds
3 Baths
2,625 Sq Ft
$234/Sq Ft Est. Value

Sale Details

Date Sold: October 13, 2020

Last sale price $360,000 $137 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,929 / mo

61 Days on Market

Highlights

  • Attic
  • Property is near shops
  • Level Lot
  • Porch
  • Baseboard Heating

About This Home

As of October 2020

~Ideal Location for Investment Property~Consists of Three 2 BR apartments- in good condition~ Near to Train Station & Downtown Restaurants~All units rented at below market ~Stackable Laundry in 2 units ~ Restaurant next door FAVI is also for sale for $255,000~ Package Deal with both Properties for $585500~ Restaurant is rented until 2021 at $1800/mo-
Call now for more details- High Cap Rate~For both Properties~

Last Agent to Sell the Property

Michele Milton

Coldwell Banker Realty License #RES.0759578 Listed on: 07/27/2020

Coldwell Banker Realty

Last Buyer's Agent

Gregor Vidmar

Patriot Realty Group License #REB.0792787

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,757

Year Built

  • Built in 1863

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

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

Interior Spaces

  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Schools

  • Park Avenue Elementary School
  • Broadview Middle School
  • Danbury High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Additional Features

  • Porch
  • Property is near shops

Community Details

  • 3 Units
  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,757

Year Built

Built in 1863

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Neighborhood: City Center
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1750
  • Public Record Living Room Sq Ft: 1750
  • Sq Ft Est Heated Below Grade: 875
  • Total Sq Ft: 2625
  • Year Built: 1863
  • Nearby Amenities: Health Club, Lake, Library, Medical Facilities, Park, Shopping/Mall
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 2677
  • Tax Year Updated Dt: 07/27/2020
  • Directions: White st to Balmforth- white building on left next to FAVI-
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Access Via Hatch
  • Basement Description: Liveable Space
  • Laundry Room Location: stackable laundry in 2 units
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Driveway
  • Driveway Type: Paved

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.1500
  • Lot Description: Level Lot
  • Zoning: RMF4

Multi Family

  • Gross Annual Income: 38400
  • Unit Count: 3
  • Total Multi Family: 9
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 5757
  • Mil Rate Base: 27.600
  • Assessor Parcel Number: 79923

MLS Schools

  • Elementary School: Park Avenue
  • Middle Jr High School: Broadview
  • High School: Danbury

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2020
Closed on
Sep 16, 2020
Sold by
Bought by
Seller's Agent
Michele Milton
Coldwell Banker Realty
Buyer's Agent
Gregor Vidmar
Patriot Realty Group
List Price
$370,000
Sold Price
$360,000
Premium/Discount to List
-$10,000
-2.7%
Current Estimated Value
$613,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,472
Avg. Annual Appreciation
9.64%
Original Mortgage
$270,000
Interest Rate
0.029%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2013
Sold by
Bought by

Purchase Details

Closed on
Dec 17, 1999
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$360,000 None Available
-- --
$44,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $270,000
Previous Owner $243,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/13/2020 10/13/20 Sold $360,000 -2.7% $137 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $370,000 -- $141 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,030 $281,330 $60,130 $221,200
2024 $6,876 $281,330 $60,130 $221,200
2023 $6,563 $281,330 $60,130 $221,200
2022 $5,887 $208,600 $63,200 $145,400
2021 $5,757 $208,600 $63,200 $145,400
2020 $5,757 $208,600 $63,200 $145,400
2019 $5,757 $208,600 $63,200 $145,400
2018 $5,757 $208,600 $63,200 $145,400
2017 $4,907 $169,500 $60,200 $109,300
2016 $4,861 $169,500 $60,200 $109,300
2015 $4,790 $169,500 $60,200 $109,300
2014 $4,678 $169,500 $60,200 $109,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Michele Milton

    Coldwell Banker Realty

    Section Image
  • Gregor Vidmar

    Buyer's Agent in 2020

    Gregor Vidmar

    Patriot Realty Group

    (203) 554-3113

    24 Total Sales

    Gregor Vidmar
    Section Image
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Map

Source: SmartMLS

MLS Number: 170320646

SmartMLS

APN: DANB-000013I-000000-000064

Connecticut Fairfield County Danbury 06810

8 Balmforth Ave, Danbury, CT

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