NOT LISTED FOR SALE

87 Meadow St Naugatuck, CT 06770

Estimated Value: $334,000 - $368,000

3 Beds
3 Baths
1,674 Sq Ft
$205/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $275,000 $164 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,590/month

35 Days on Market

Highlights

  • The property is located in a historic district
  • Attic
  • Wrap Around Porch
  • Covered Deck
  • No HOA
  • Thermal Windows

About This Home

As of September 2022

Prime downtown location. Great opportunity for an owner, investor, or mixed use - prof./office business! Use the 1st floor as your office for your business and collect rents to cover your expenses! Currently being used as a three family home but the choice is yours. Walking distance to Town Green, Town Hall, library and schools. Great exposure and high traffic count! All units have separate utility bills. Newer roof and windows. Home is efficiently fueled by gas to keep you warm in the winter months. The basement is very clean and offers plenty of storage space. Off-street parking with a low maintenance yard. This is a solid income-producing property. Move in yourself and live for free. Fantastic cash-flowing item for your real-estate portfolio.

Last Listed By

Mark Tavares

Mark Tavares Realty, LLC License #REB.0791465 Listed on: 08/12/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,911

Year Built

  • Built in 1895

Lot Details

  • 0.39 Acre Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 1,674 Sq Ft Home
  • Thermal Windows
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • Parking Deck
  • Private Driveway
  • Off-Street Parking

Outdoor Features

  • Covered Deck
  • Wrap Around Porch

Location

  • The property is located in a historic district

Utilities

  • Baseboard Heating
  • Gas Available at Street

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,911

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 1674
  • Public Record Living Room Sq Ft: 1674
  • Total Sq Ft: 1674
  • Year Built: 1895
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3289
  • Directions: Second home from the town green
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Attic: Yes
  • Street Number Modifier: 87

Exterior Features

  • Exterior Features: Covered Deck, Deck, Porch-Wrap Around
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Stone
  • Roof Information: Fiberglass Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Heat Type: Baseboard, Hot Air
  • Heat Fuel Type: Gas In Street
  • Hot Water Description: Domestic
  • 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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.3900
  • Lot Description: Historic District, Level Lot
  • Zoning: I1

Multi Family

  • Unit Count: 3
  • Total Multi Family: 9
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 7911
  • Total Assessed Value: 165680
  • Mil Rate Base: 47.750
  • Mil Rate Total: 47.750
  • Assessor Parcel Number: 1226221

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
Aug 12, 2022
Closed on
Sep 16, 2022
Sold by
Branco Fernando and Branco Sofia F
Bought by
Swertfager Austin W
Seller's Agent
Mark Tavares
Mark Tavares Realty, LLC
Buyer's Agent
Michele Isenberg
Coldwell Banker Realty
List Price
$289,900
Sold Price
$275,000
Premium/Discount to List
-$14,900
-5.14%
Total Days on Market
35
Views
22
Current Estimated Value
$343,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,140
Avg. Annual Appreciation
11.34%
Original Mortgage
$206,250
Outstanding Balance
$198,053
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$169,437

Purchase Details

Closed on
Jan 19, 2022
Sold by
Hogan Edward L
Bought by
Hibert Colleen and Hogan Edward L

Purchase Details

Closed on
Sep 6, 2007
Sold by
Lily Properties Llc
Bought by
Branco Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,550
Interest Rate
6.74%
Mortgage Type
Commercial

Purchase Details

Closed on
May 31, 2000
Sold by
Clermont Roger
Bought by
Lipsett John

Purchase Details

Closed on
Feb 1, 1999
Sold by
Kendzior Richard and Kendzior Joan
Bought by
Clarmont Dennis and Clarmont Roger

Purchase Details

Closed on
Aug 5, 1993
Sold by
Baxter Frances
Bought by
Kendzior Richard

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
Swertfager Austin W $275,000 None Available
Hibert Colleen -- None Available
Hibert Colleen -- None Available
Branco Fernando $246,500 --
Lipsett John $140,000 --
Clarmont Dennis $125,000 --
Kendzior Richard $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swertfager Austin W $206,250
Previous Owner Kendzior Richard $124,955
Previous Owner Kendzior Richard $172,550
Previous Owner Kendzior Richard $180,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $275,000 -5.1% $164 / Sq Ft
08/12/2022 08/12/22 For Sale $289,900 -- $173 / 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 $8,024 $192,010 $44,660 $147,350
2023 $8,592 $192,010 $44,660 $147,350
2022 $7,911 $165,680 $90,080 $75,600
2021 $7,911 $165,680 $90,080 $75,600
2020 $7,911 $165,680 $90,080 $75,600
2019 $7,828 $165,680 $90,080 $75,600
2018 $7,317 $151,340 $85,790 $65,550
2017 $7,348 $151,340 $85,790 $65,550
2016 $7,214 $151,340 $85,790 $65,550
2015 $6,897 $151,340 $85,790 $65,550
2014 $6,819 $151,340 $85,790 $65,550
2012 $5,274 $157,190 $69,330 $87,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170516246

SmartMLS

APN: NAUG-000009-W000712