HOMEOWNERS TAKE NOTICE! THIS PROPERTY WAS COMPLETELY REMODELED IN 2016 WITH BRAND NEW MECHANICALS, NEW SIDING, NEW WINDOWS, FRESHLY PAINTED, FRESHLY SANDED HARDWOOD FLOORS. MANY MORE UPDATES. Massive 2 Family (3,078 sq ft). One unit is extra large and encompasses 1st and 2nd floors as well as a walk out basement with a partially finished room. This unit has four bedrooms, 1 1/2 baths, large living and dining rooms with high ceilings and architectual features of yester year. It also has private off street parking and its own rear deck. The 3rd floor 2 bedroom rental unit has its own private entrance, parking space and is currently rented for $1,100.00 per month. This rental income can help you pay your mortage or use it as added income. This unit also features living room, eat in kitchen, private balcony and its own section of basement with washer/dryer hookup. This is truly a rare find that works for both homeowners and it is positive cash flow for investors.
Multi-familyProperty Type
1870Year Built
5,227 sq ftLot Size
$167Est. Price/Sq.Ft.
Listed by Cynthia Ruiz• Anchor Real Estate LLC
Bought with Shannon Robinson• BHGRE Shore & Country
Source:Smart MLS #170212721
Redfin Estimate
$515,139
$251K since sold in September 2019$7,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 2.2% higher than the average sale price ($504K) of 6 comparable homes.
GREAT INVESTMENT OPPORTUNITY OR YOUR CHANCE TO LIVE IN ONE UNIT AND RENT OUT THE OTHER. CONVENIENTLY LOCATED WITH OFF STREET PARKING, REAR YARD, AND FRONT PORCH. RECOMMEND ALL BUYERS DUE DILIGENCE REGARDING ANY REPAIRS MADE IN THE PAST. PLEASE NOTE THE TAX RECORDS REFLECT THE ROOMS AS 11/5/1.1
Public Records
Jan 3, 2000
Sold
$82,682
$27/sq ft
Smart MLS #98055311
Sep 28, 1999
Listed
$89,900
$29/sq ft
Year
Property tax
Land + Additions
Assessment*
2022
$6,968
$35,350 + $145,180
$180,530
2021
$6,968 (+45.3%)
$35,350 + $145,180
$180,530
2020
$4,794 (+4.8%)
$35,350 + $73,920
$109,270
2019
$4,575 (+6.3%)
$35,350 + $73,920
$109,270
2018
$4,302
$35,350 + $73,920
$109,270
2017
$4,302
$35,350 + $73,920
$109,270
2016
$4,302 (+8.1%)
$35,350 + $73,920
$109,270
2014
$3,978 (+1.1%)
$35,350 + $75,950
$111,300
2011
$3,933
$35,350 + $75,950
$111,300
Tax history for 198 Minerva St
Year
Property tax
Land + Additions
Assessment*
2022
$6,968
$35,350 + $145,180
$180,530
2021
$6,968 (+45.3%)
$35,350 + $145,180
$180,530
2020
$4,794 (+4.8%)
$35,350 + $73,920
$109,270
2019
$4,575 (+6.3%)
$35,350 + $73,920
$109,270
2018
$4,302
$35,350 + $73,920
$109,270
2017
$4,302
$35,350 + $73,920
$109,270
2016
$4,302 (+8.1%)
$35,350 + $73,920
$109,270
2014
$3,978 (+1.1%)
$35,350 + $75,950
$111,300
2011
$3,933
$35,350 + $75,950
$111,300
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
5
Baths
1.5
Stories
3
Lot width
—
Lot depth
—
Lot size
5,227 Sq. Ft.
Year renovated
—
Sq. Ft.
3,078
Year built
1870
Style
Multi-Family (2-4 Unit)
County
New Haven County
APN
1092533
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 12, 2023.
CDD
Center Design Development District Zone
The purpose and intent of the Center Design Development District CDD regulations are to: Support future growth of Downtown Derby to enhance the tax base, ensure compatible and cohesive land uses, increase the City’s economic vitality, and further the goals of Derby’s Plan of Conservation and Development; Enable and encourage moderate-density and mixed-use development to increase the residential density and intensity of activity within the downtown area in support of viable and diverse locally-oriented businesses and cultural institutions; Capitalize on opportunities to attract and grow a variety of retail, service, and cultural establishments to serve local needs and create regional attractions and a robust economic base; Coordinate the placement, orientation, and design of buildings to ensure a coherent and pedestrian-friendly streetscape and traditional urban character by creating well-defined street edges with continuous building walls, articulated and transparent facades, and architectural features that create visual interest and an attractive pedestrian environment; Maintain the architectural character and appearance of the downtown and its existing historic buildings while promoting the rehabilitation and/or replacement of blighted and underutilized properties with new developments of an appropriate and high quality of design; Support and strengthen the viability of redevelopment activities and priorities for the area south of Main Street; Create activated corridors within the downtown area, and between the downtown core and key transportation linkages, including Bridge Street, the Derby Greenway, and the Derby Train Station; Enhance the viability of the downtown as a transit-oriented development hub.
Permitted uses
Include but are not limited to:
Bank
General retail
Restaurant
Tavern / bar / nightclub / micro-Brewery
Housing-Multiple units
Housing-Senior
Industrial
Mixed use building
Office
Medical office
Property details
Parking
Garage Information
Garage & Parking: Off Street Parking
Interior
Interior Information
Laundry Room Info: Basement Hook-Up(s)
Cooling System: Ceiling Fans
Bathroom Information
# of Baths (Full): 2
# of Baths (Half): 1
Bedroom Information
Beds Total: 6
Room Information
Basement Description: Full With Walk-Out
Multi-Unit Information
Unit Count: 2
Total Rooms Multi Family: 11
Total Number of Units: 2
Exterior
Exterior Features
Roof Information: Asphalt Shingle
Exterior Siding: Vinyl Siding
Exterior Features: Deck, Patio, Porch, Sidewalk
Lot Information
Lot Description: Level Lot
Building Information
Foundation Type: Brick
Construction Description: Frame
Color: Green
Property Information
Property Type: Multi-Family For Sale
Property Sub Type: 2 Family
Living Area SQFT Per Public Record: 3078
Driveway Type: Dirt
Financial
Assessments Information
Assessed Value: $109,270
Utilities
Utility Information
Water Source: Public Water Connected
Sewer Assess Description: Year 1 of 30 514.00 payable 2x a year in Mar and Sept $257.00
Sewage System: Public Sewer Connected
Hot Water Description: 40 Gallon Tank, Electric
Heat Type: Baseboard
Heat Fuel Type: Natural Gas
Energy Features: Thermopane Windows
Location
School Information
High School: Derby
Elementary School: Per Board of Ed
Location Information
State: Connecticut
Directions: CT 34 left on Main Street right on Minerva
County: New Haven
Public facts
Beds: 5
Baths: 1.5
Sq. Ft.: 3,078
Stories: 3.0
Lot Size: 5,227 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1870
Year Renovated: —
County: New Haven County
APN: 1092533
Home facts updated by county records on Jul 12, 2023
Other
Documents & Disclosures
Supplement Count Public: 5
Around this home
Schools
Irving School
Public K-5 • Assigned • 0.2mi
2/10
Derby Middle School
Public 6-8 • Assigned • 0.9mi
4/10
Derby High School
Public 9-12 • Assigned • 0.8mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 98° expected this year, 17 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Derby, CT • 06418
Average low and high temperatures (°F)
35
21
37
23
52
34
61
43
68
52
80
61
85
68
80
61
75
58
66
47
54
38
40
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
8.9 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$490,000 – $593,000
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