NOT LISTED FOR SALE

Estimated Value: $225,614 - $323,000

6 Beds
3 Baths
2,767 Sq Ft
$103/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $149,900 $54 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,899/month

9 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Porch
  • Attic
  • Thermal Windows
  • Public Transportation

About This Home

As of August 2020

A three-family investment opportunity located at upper Willow with 9.7% CAP rate and 16.7% ROI. The property consists of all 2 bed/1 bath units. It also features: NEW vinyl siding, complete roof (including the plywood) and replacement windows - all completed in 2019!! The property is fully occupied with long-term tenants. The utilities are separate and tenant paid - gas heat and hot water. The electrical is updated and also tenant paid + there is no owner's meter/expense. There is a private driveway with off-street parking around back for approx 6-8 cars. Opportunity to own a turn key property with minimal expenses - great to start investing or add to your portfolio.

Last Listed By

Amanda Sheehan

Oxford Realty License #REB.0795097 Listed on: 06/10/2020

Oxford Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,182

Year Built

  • Built in 1910

Lot Details

  • 5,663

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 2,767 Sq Ft Home
  • Thermal Windows
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • Private Driveway
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • 5,663 Sq Ft Lot

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Public Transportation
  • Gross Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,182

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Neighborhood: Waterville
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2767
  • Public Record Living Room Sq Ft: 2767
  • Total Sq Ft: 2767
  • Year Built: 1910
  • Nearby Amenities: Commuter Bus, Park, Public Rec Facilities, Public Transportation, Walk to Bus Lines
  • Remarks Public Addendum: No FHA or owner occupied buyers - Property is 100% occupied.
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Tax Year Updated Dt: 07/13/2020
  • Directions: on Willow St. between Ridgewood and Ludlow
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Crawl Space
  • Basement Description: Full, Unfinished
  • Attic: Yes
  • Street Number Modifier: 233

Exterior Features

  • Exterior Features: Porch, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Masonry, Stone
  • Roof Information: Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • 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: 0.1300
  • Lot Description: N/A
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RM

Multi Family

  • Gross Annual Income: 21600
  • Net Operating Income: 14598
  • Unit Count: 3
  • Total Multi Family: 12
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 2182
  • Total Assessed Value: 36240
  • Mil Rate Base: 60.210
  • Mil Rate Total: 60.210
  • Assessor Parcel Number: 1376592

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
Jun 10, 2020
Closed on
Aug 14, 2020
Sold by
Soltau Hewan M
Bought by
Cherry Garden Homes Llc
Seller's Agent
Amanda Sheehan
Oxford Realty
Buyer's Agent
Lauren Alfano
RE/MAX Right Choice
List Price
$149,900
Sold Price
$149,900
Total Days on Market
9
Current Estimated Value
$285,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,504
Avg. Annual Appreciation
13.01%
Original Mortgage
$149,900
Outstanding Balance
$135,048
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$131,291

Purchase Details

Listed on
Jun 10, 2020
Closed on
Aug 13, 2020
Sold by
Goncalves Maria H and Goncalves Joaoo S
Bought by
Soltau Hewan M
Seller's Agent
Amanda Sheehan
Oxford Realty
Buyer's Agent
Lauren Alfano
RE/MAX Right Choice
List Price
$149,900
Sold Price
$149,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,900
Outstanding Balance
$135,048
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$131,291

Purchase Details

Closed on
Mar 3, 2003
Sold by
Fairbanks Capital Corp
Bought by
Goncalves Joan S and Goncalves Maria H

Purchase Details

Closed on
Nov 4, 1999
Sold by
Rottellini Raphael
Bought by
Soriano Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 1998
Sold by
Grady Michael C
Bought by
Rotellini Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,875
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 1995
Sold by
Zappone Robert
Bought by
Mercado Jose and Mercado Arlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,940
Interest Rate
7.56%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cherry Garden Homes Llc -- None Available
Soltau Hewan M $149,900 None Available
Goncalves Joan S $35,000 --
Soriano Benjamin $100,000 --
Rotellini Rafael $54,375 --
Mercado Jose $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soltau Hewan M $149,900
Previous Owner Zappone Robert $75,000
Previous Owner Zappone Robert $51,875
Previous Owner Zappone Robert $50,000
Previous Owner Zappone Robert $67,940
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $149,900 0.0% $54 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $149,900 -- $54 / 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 $3,707 $74,970 $7,560 $67,410
2023 $4,063 $74,970 $7,560 $67,410
2022 $2,182 $36,240 $7,550 $28,690
2021 $2,182 $36,240 $7,550 $28,690
2020 $2,182 $36,240 $7,550 $28,690
2019 $1,390 $23,090 $7,550 $15,540
2018 $1,390 $23,090 $7,550 $15,540
2017 $1,397 $23,210 $7,540 $15,670
2016 $1,397 $23,210 $7,540 $15,670
2015 $1,351 $23,210 $7,540 $15,670
2014 $1,351 $23,210 $7,540 $15,670
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in Waterbury, CT

  • 499 Hill St, Waterbury, CT 06704

    $324,500

    • 4 Beds
    • 2 Baths
    • 1,664 Sq Ft
    • 499 Hill St
    • Waterbury, CT

    Why Rent When You Can Own? First floor apartment offers 2 bedrooms, full bath, hardwood floors, and sunporch. 2nd floor apartment offers 2 bedrooms, remodeled full bath, hardwood floors, sunporch, new gas hot water heater and solar. Additional amenities include thermopane windows, 2 separate furnances, 2 separate updated electrical, new gutters, new water line to street, 2 car garage and tucked

    Linda Mayfield RE/MAX RISE

    Section Image
  • 14 Chestnut Ave, Waterbury, CT 06710

    $309,900

    • 6 Beds
    • 3 Baths
    • 3,588 Sq Ft
    • 14 Chestnut Ave
    • Waterbury, CT

    This beautiful Victorian-style 3-family home offers over 3,500 square feet of living space and endless potential. Each unit features 2 bedrooms, 1 bathroom, and in-unit laundry for maximum convenience. All units have been recently updated and refreshed, making it truly move-in ready. One unit is currently vacant-ideal for an owner-occupant looking to live comfortably while renting out the other

    Agnes Mroczka William Raveis Real Estate

    Section Image
  • 133 Byrneside Ave, Waterbury, CT 06704

    $309,000

    • 6 Beds
    • 3 Baths
    • 3,355 Sq Ft
    • 133 Byrneside Ave
    • Waterbury, CT

    This home presents a great opportunity for experienced investors or others willing to put build some sweat equity and make it a cash flowing asset. The property resides on the corner lot just across the street from Fulton Park giving future occupants easy opportunities to spend time outdoors or enjoy the calming views from inside the home. With over 3000sqft in the building there is no shortage

    Mateusz Mikunda Complete Real Estate

    Section Image
  • 116 Byrneside Ave, Waterbury, CT 06704

    $339,900

    • 6 Beds
    • 3 Baths
    • 3,715 Sq Ft
    • 116 Byrneside Ave
    • Waterbury, CT

    Investors Take Notice. Large 3 Family, in walking distance to Fulton Park. Each unit is 5 Room 2 bedroom, All Large Rooms. Needs Work but, well worth the effort. Detached Garage

    Sharon Sirois Showcase Realty, Inc.

    Section Image
  • 89 Burton St, Waterbury, CT 06704

    $285,000

    • 4 Beds
    • 2 Baths
    • 1,592 Sq Ft
    • 89 Burton St
    • Waterbury, CT

    Welcome to 89 Burton Street in Waterbury. This 2-family home offers great investment potential or the perfect owner-occupy option! The vacant first floor features 2 bedrooms and 1 bathroom thats been completely renovated, with in unit laundry downstairs. The second floor has 2 bedrooms and 1 bath and is currently occupied with a long term tenant paying below market rents. There is plenty of off

    Rob Squeglia Sky Realty Group

    Section Image
  • 93 Easton Ave, Waterbury, CT 06704

    $325,000

    • 8 Beds
    • 3 Baths
    • 3,373 Sq Ft
    • 93 Easton Ave
    • Waterbury, CT

    Investors, take notice of this prime multifamily opportunity! This charming, fully occupied three-unit multifamily home located at 93 Easton Ave in Waterbury, CT, provides a fantastic opportunity for rental income or multi-generational living. The property features three spacious units. One 2-bedroom, 1-bathroom unit, and two 3-bedroom, 1-bathroom units, providing large living areas and comfort.

    Tiffany Maldonado The Bella Group, LLC

    Section Image
  • 21 Violet St, Waterbury, CT 06704

    $289,900

    • 6 Beds
    • 3 Baths
    • 2,941 Sq Ft
    • 21 Violet St
    • Waterbury, CT

    Mixed-use 3-family with a great opportunity to create a work/live balance for investors or entrepreneurs seeking both residential and commercial income, the storefront and garage provide increased cash flow, convenient access to public transportation, local schools, and shopping; inspection for informational purposes only; sold 'as is, potential to be a 5-unit building with proper permits for the

    Byron Francis Omni Point Realty, LLC

    Section Image
  • 112 Birch St, Waterbury, CT 06704

    $255,000

    • 4 Beds
    • 2 Baths
    • 1,008 Sq Ft
    • 112 Birch St
    • Waterbury, CT

    With less than $9,000 D.P. you could own this two family. The price of a single family home with additional income from basement apt. Totally renovated kitchens and bathrooms, floors doors, etc... It feels like single family living on main level. Seller will do what it takes to qualify for a government loan.

    Ahlam El-Eid Cedar Land Realty, LLC

    Section Image
  • 61 Lounsbury Ave, Waterbury, CT 06706

    $319,000

    • 7 Beds
    • 3 Baths
    • 2,903 Sq Ft
    • 61 Lounsbury Ave
    • Waterbury, CT

    Investment Opportunity! This Fully Occupied 3-Family in Waterbury-an income-generating property perfect for investors looking for steady cash flow with future upside. This well-maintained three-family home features a spacious 3-bedroom, 1-bath unit on the first floor, and two 2-bedroom, 1-bath units on the second and third floors. Each unit offers a functional layout, great natural light, and

    Maria Prussin YellowBrick Real Estate LLC

    Section Image

Source: SmartMLS

MLS Number: 170304085

SmartMLS

APN: WATE-000215-000690-000048