NOT LISTED FOR SALE

8 Summit St Derby, CT 06418

Estimated Value: $331,485 - $367,000

6 Beds
2 Baths
1,819 Sq Ft
$192/Sq Ft Est. Value

Last Sold February 02, 2024

Last sale price $310,000 $170 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,294/month

94 Days on Market

About This Home

As of February 2024

Solid two family in same family for many many years and well maintained. Tucked away on a cul de sac with a great commuting location our two family offers oversized rooms. First floor offering 2 oversized bedrooms on main level and additional bedroom in basement. Second floor offers 4 oversized bedrooms with two upper level bedrooms. All units have washer and dryer hookups. Tenants in place with 24 hour notice. Please note size of home appears much bigger than sq ft. First floor tenant in lease till June 2024 rental $1,300 month. First floor tenant has cats in home. Second floor tenant lease till Dec 2024 rental is $1,800 a month. Commission paid on net sale price to seller.

Last Listed By

Sue Kopec

Coldwell Banker Realty License #RES.0778705 Listed on: 10/24/2023

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,888

Year Built

  • Built in 1894

Lot Details

  • 6,098

Home Design

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

Interior Spaces

  • 1,819 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Schools

  • Derby High School

Utilities

  • Air Source Heat Pump
  • Heating System Uses Gas
  • Heating System Uses Natural Gas

Additional Features

  • 6,098 Sq Ft Lot
  • Property is near shops

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1095877

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,888

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 1819
  • Total Sq Ft: 1819
  • Year Built: 1894
  • New Construction: No/Resale
  • Nearby Amenities: Lake, Library, Medical Facilities, Park, Shopping/Mall
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Gps Friendly
  • Financing Used: Other
  • Living Area Sq Ft Per Public Record: 1819
  • Street Type: Street
  • Special Features: None

Interior Features

  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Laundry Room Location: in units
  • Laundry Room Info: All Units Have Hook-Ups, Hook-Up In Unit 1, Hook-Up In Unit 2
  • Attic: Yes
  • Street Number Modifier: 8

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: None
  • Garage And Parking: Other

Utilities

  • Cooling System: None
  • Heat Type: Gas on Gas, Hot Air
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.14
  • Lot Description: N/A
  • Flood Zone: No
  • Zoning: R-5
  • Parcel #: 1095877

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 3888
  • Total Assessed Value: 100730
  • Mil Rate Total: 38.6

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2023
Closed on
Jan 31, 2024
Sold by
Markut Cecylia
Bought by
St Regis Rental Llc
Seller's Agent
Sue Kopec
Coldwell Banker Realty
Buyer's Agent
Tina Atilho
William Raveis Real Estate
List Price
$339,000
Sold Price
$310,000
Premium/Discount to List
-$29,000
-8.55%
Total Days on Market
94
Views
141
Current Estimated Value
$348,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,371
Avg. Annual Appreciation
9.79%
Original Mortgage
$248,000
Outstanding Balance
$244,815
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$103,556

Purchase Details

Closed on
Feb 2, 1988
Sold by
Wisniewski Mary
Bought by
Knauf Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
10.65%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
St Regis Rental Llc $310,000 None Available
Knauf Gary $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open St Regis Rental Llc $248,000
Closed St Regis Rental Llc $248,000
Previous Owner Knauf Gary $89,100
Previous Owner Knauf Gary $87,500
Previous Owner Knauf Gary $84,000
Previous Owner Knauf Gary $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $310,000 -8.6% $170 / Sq Ft
01/26/2024 01/26/24 Pending -- -- --
10/24/2023 10/24/23 For Sale $339,000 -- $186 / 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
2024 $4,352 $100,730 $31,850 $68,880
2023 $3,888 $100,730 $31,850 $68,880
2022 $3,888 $100,730 $31,850 $68,880
2021 $3,888 $100,730 $31,850 $68,880
2020 $3,516 $80,150 $31,850 $48,300
2019 $3,356 $80,150 $31,850 $48,300
2018 $3,156 $80,150 $31,850 $48,300
2017 $3,156 $80,150 $31,850 $48,300
2016 $3,156 $80,150 $31,850 $48,300
2015 $3,000 $83,930 $31,850 $52,080
2014 $3,000 $83,930 $31,850 $52,080
Source: Public Records

Agents Affiliated with this Home

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Source: SmartMLS

MLS Number: 170606233

SmartMLS

APN: DERB-000009-000004-000081