$310,000
SOLD APR 3, 2025

87 Summit Commons Derby, CT 06418

2 Beds
1.5 Baths
1,102 Sq Ft
$260/mo HOA Fee

Recently Sold

$281 Per Sq Ft

3% Above List Price

39 Days on Market

About This Home

As of April 2025

Welcome to Summit Commons! Located in the Derby Neck area with easy access to major highways, hospital, library, shopping, restaurant and High School. Updated with a finished lower level, new carpet and plenty of sunshine in the morning!

Last Agent to Sell the Property

Sue Kopec

Coldwell Banker Realty License #RES.0778705 Listed on: 02/17/2025

Coldwell Banker Realty

Last Buyer's Agent

Jessica Velazquez

JV Real Estate & Insurance Co. License #REB.0793626

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,748

Year Built

  • Built in 1990

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,102 Sq Ft Home
  • Partial Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Location

  • Property is near shops

Schools

  • Derby High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 1096498

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, property management
  • 70 Units
  • Property managed by Stonehenge Property Manag

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,748

Year Built

Built in 1990

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Neighborhood: Derby Neck
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1102
  • Total Sq Ft: 1102
  • Year Built: 1990
  • New Construction: No/Resale
  • Nearby Amenities: Library, Medical Facilities, Park, Shopping/Mall
  • Remarks Public Addendum: unit location is 87 Mistyvale Lane
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Gps Friendly
  • Financing Used: Assumed Conventional
  • Living Area Sq Ft Per Public Record: 1102
  • Spec Assoc Asses: No
  • Street Type: Commons
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement Description: Partial
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher
  • Attic: No
  • Street Number Modifier: 87

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Garage And Parking: Under House Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management
  • Levels In Unit: 3
  • HOA Fees: 260
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Stonehenge Property Manag
  • Property Mgt Phone: (203) 327-6085
  • Total Number of Units In Complex: Summit Commons

Schools

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

Lot Info

  • Lot Description: N/A
  • Zoning: R-M
  • Parcel #: 1096498

Rental Info

  • Pets Allowed Info: yes
  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 70

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 4748
  • Total Assessed Value: 109900
  • Mil Rate Total: 43.2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2025
Closed on
Apr 3, 2025
Sold by
Dewey Raymond E and Ferry Louis E
Bought by
Buster Eathon
Seller's Agent
Sue Kopec
Coldwell Banker Realty
Buyer's Agent
Jessica Velazquez
JV Real Estate & Insurance Co.
List Price
$299,900
Sold Price
$310,000
Premium/Discount to List
$10,100
3.37%
Total Days on Market
39
Views
47
Current Estimated Value
$283,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,110
Avg. Annual Appreciation
-43.50%
Original Mortgage
$288,300
Outstanding Balance
$288,300
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$19,536

Purchase Details

Closed on
Apr 29, 1998
Sold by
Santaniello Susanna
Bought by
Dewey Raymond E and Ferry Lois E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.04%
Mortgage Type
Unknown
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 $310,000 None Available
Warranty Deed $99,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $288,300 Purchase Money Mortgage
Previous Owner $106,473 Stand Alone Refi Refinance Of Original Loan
Previous Owner $96,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Sold $310,000 +3.4% $281 / Sq Ft
03/28/2025 03/28/25 Pending -- -- --
02/17/2025 02/17/25 For Sale $299,900 -- $272 / 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 $4,748 $109,900 $0 $109,900
2023 $4,242 $109,900 $0 $109,900
2022 $4,242 $109,900 $0 $109,900
2021 $4,242 $109,900 $0 $109,900
2020 $3,922 $89,390 $0 $89,390
2019 $3,743 $89,390 $0 $89,390
2018 $3,519 $89,390 $0 $89,390
2017 $3,519 $89,390 $0 $89,390
2016 $3,519 $89,390 $0 $89,390
2015 $4,183 $117,040 $0 $117,040
2014 $4,183 $117,040 $0 $117,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24073938

SmartMLS

APN: DERB-000009-000006-000046-005436