$406,250
SOLD JUL 10, 2024 RENTED SEP 12, 2024

85 Cold Spring Cir Naugatuck, CT 06770

4 Beds
2 Baths
2,160 Sq Ft
0.45 Acres

Recently Sold

$188 Per Sq Ft

16% Above List Price

1 Day on Market

Highlights

  • Hot Water Circulator
  • Hot Water Heating System
  • Level Lot

About This Home

As of July 2024

HIGHEST AND BEST BY WEDNESDAY 5/8 AT 5PM! Welcome to this fantastic investment opportunity nestled in the heart of Naugatuck, CT! This charming duplex offers not just a home, but an investment with lots of potential. Each unit boasts spacious living, featuring 2 bedrooms and 1 bathroom, providing comfortable and functional living spaces for residents with a total of 2,160 square feet of well-designed layout. This duplex is not just a residence; it's a strategic investment waiting to be seized. Whether you're an astute investor seeking a lucrative addition to your portfolio or an aspiring homeowner looking for a savvy house hacking opportunity, this property caters to both aspirations. Imagine living in one unit while renting out the other to offset your mortgage, or simply enjoying the dual income streams generated by renting both units. Conveniently located in Naugatuck, residents will enjoy easy access to a myriad of amenities, including shopping centers, restaurants, parks, and schools, ensuring both comfort and convenience in daily living. Don't miss out on this rare chance to secure your foothold in the thriving Naugatuck real estate market. Schedule your showing today and embark on a journey towards financial freedom and homeownership!

Last Agent to Sell the Property

Anthony DeLorenzo

Alpha Capital Realty, LLC License #REB.0794751 Listed on: 04/23/2024

Last Buyer's Agent

Joe Waters

JW Realty Group LLC License #REB.0795622

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,804

Year Built

  • Built in 1953

Lot Details

  • 0.45 Acre Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Gable Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Frame Construction
  • Masonry Siding
  • Vinyl Siding

Interior Spaces

  • 2,160 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2264005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,804

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2160
  • Total Sq Ft: 2160
  • Year Built: 1953
  • New Construction: No/Resale
  • Remarks Public Addendum: HIGHEST AND BEST BY WEDNESDAY 5/8 AT 5PM!
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Directions: GPS
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 2160
  • Street Type: Circle
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement Description: Crawl Space
  • Attic: No
  • Street Number Modifier: 85

Exterior Features

  • Exterior Siding: Vinyl Siding, Brick
  • Foundation Type: Brick
  • Roof Information: Gable
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame, Brick

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.45
  • Lot Description: Level Lot
  • Zoning: DD
  • Parcel #: 2264005

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 6804
  • Total Assessed Value: 152040
  • Mil Rate Total: 44.75

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
Apr 23, 2024
Closed on
Jul 11, 2024
Sold by
85 Cold Spring Llc
Bought by
Ong Ariel G
Seller's Agent
Anthony DeLorenzo
Alpha Capital Realty, LLC
Buyer's Agent
Joe Waters
JW Realty Group LLC
List Price
$349,900
Sold Price
$406,250
Premium/Discount to List
$56,350
16.1%
Views
170
Current Estimated Value
$405,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$678
Avg. Annual Appreciation
-1.44%
Original Mortgage
$301,500
Outstanding Balance
$298,455
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$101,531

Purchase Details

Closed on
Sep 19, 2002
Sold by
Ferreira Moyses L and Ferreira Claudenice
Bought by
Rodrigues Manuel
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $406,250 None Available
Warranty Deed $406,250 None Available
Warranty Deed $120,000 --
Warranty Deed $120,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $301,500 Purchase Money Mortgage
Closed $301,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2024 09/12/24 Rented $1,775 0.0% --
08/28/2024 08/28/24 Price Changed $1,775 -4.1% $2 / Sq Ft
08/09/2024 08/09/24 For Rent $1,850 0.0% --
07/10/2024 07/10/24 Sold $406,250 +16.1% $188 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $349,900 -- $162 / 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 $7,643 $192,080 $32,760 $159,320
2024 $8,021 $191,940 $32,760 $159,180
2023 $6,804 $152,040 $32,760 $119,280
2022 $4,731 $99,070 $35,150 $63,920
2021 $4,731 $99,070 $35,150 $63,920
2020 $4,731 $99,070 $35,150 $63,920
2019 $4,681 $99,070 $35,150 $63,920
2018 $4,989 $103,190 $42,300 $60,890
2017 $5,010 $103,190 $42,300 $60,890
2016 $4,919 $103,190 $42,300 $60,890
2015 $4,702 $103,190 $42,300 $60,890
2014 $4,650 $103,190 $42,300 $60,890
2012 $5,803 $172,980 $53,410 $119,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24010726

SmartMLS

APN: NAUG-000076-000019-E000551-000012-89