Sold Nov 13, 2018
$180,000
Seller
$171,000
by Prime Lending Inc
Mortgage Due Nov 13, 2048
16 Colony Street has been categorized by the local assessors in Derby, CT as a residential type of property.
The building on the property was first built in 1953 and is 71 years old.
The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms.
Residents will have access to 2 full bathrooms.
There are 2 partial bathrooms in the home.
The building has a total of 2 stories.
In addition, 16 Colony Street has 1,480 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The area measurement of the land has been determined as 5,227 square feet.
Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod style.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 16 Colony Street was last sold in Jan 1, 1970 for $180,000. According to our calculations, that's $121.62 per sqft. Current property owners are expected to pay $5,299 in taxes per year. The property on 16 Colony Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $137,270. To break that down further, the land itself was valued at $31,710. While improvements to the property were assessed at a total of $105,560. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 16 Colony Street was last sold in Jan 1, 1970 for $180,000. According to our calculations, that's $121.62 per sqft. Current property owners are expected to pay $5,299 in taxes per year. The property on 16 Colony Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $137,270. To break that down further, the land itself was valued at $31,710. While improvements to the property were assessed at a total of $105,560. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
This property description is generated based on publicly available data.
16 Colony Street, Derby, CT 06418
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