NOT LISTED FOR SALE

1 Island Dr Unit 23 Norwalk, CT 06855

Estimated Value: $1,131,000 - $1,383,445

2 Beds
2.5 Baths
2,332 Sq Ft
$754/mo HOA Fee

Last Sold September 27, 2019

Last sale price $555,000 $238 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $9,493/month

229 Days on Market

Highlights

  • Water Views
  • Pool House
  • Property is near public transit
  • Beach Access
  • Deck
  • 3-minute walk to Taylor Farm Dog Park

About This Home

As of September 2019

Direct Waterfront at Charles Cove on the Island Drive side! Quick walk to pool, tennis and new pickle ball court. Exceptional gated, waterfront community w. excellent amenities, plus easy access to East Norwalk beaches and dog park, RR, Westport and SoNo for dining and entertainment. This simple, yet sophisticated unit features a first floor master w. private deck, master bath + beautiful sauna; hardwood floors, huge walk-in closet and same floor laundry. The main living level has an open living/dining layout w. dramatic vaulted ceiling, upper level loft for extra space, sliders to a generous deck w. awning and excellent views of Charles Creek, marinas and LIS beyond. A second bedroom/den has built-ins for storage and workability - including a double Murphy bed. Freshly painted interiors throughout. Hardwood floors in LR/DR and MBR. Bamboo floors in loft. Clean and move-in ready. New HVAC installed in 2013 w. AprilAire humidifier; new electric hot water heater installed in 2015; dehumidifier in crawl space installed in 2018. Check out the association website at CharlesCove.com for additional details and "lifestyle" information.

Last Agent to Sell the Property

Judy Hyers

William Raveis Real Estate License #RES.0328210 Listed on: 02/01/2019

William Raveis Real Estate

Last Buyer's Agent

Thana Van Rooyen

Coldwell Banker Realty License #RES.0698391

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,840

Year Built

  • Built in 1982

Lot Details

  • Sprinkler System

HOA Fees

  • $754 Monthly HOA Fees

Home Design

  • Frame Construction
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 2,332 Sq Ft Home
  • Central Vacuum
  • 1 Fireplace
  • Thermal Windows
  • Awning
  • Entrance Foyer
  • Water Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on lower level
  • Electric Dryer
  • Washer

Attic

  • Attic Floors
  • Storage In Attic
  • Walkup Attic

Unfinished Basement

  • Basement Hatchway
  • Crawl Space

Home Security

  • Home Security System
  • Intercom
  • Smart Thermostat

Parking

  • 1 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Guest Parking
  • Visitor Parking
  • Unassigned Parking

Pool

  • Pool House
  • Heated In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Beach Access
  • Balcony
  • Deck
  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

  • Flood Zone Lot
  • Property is near public transit
  • Property is near a golf course

Schools

  • Marvin Elementary School
  • Nathan Hale Middle School
  • Norwalk High School

Utilities

  • Zoned Heating and Cooling System
  • Floor Furnace
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include tennis, grounds maintenance, trash pickup, snow removal, water, property management, pool service, road maintenance, flood insurance
  • 50 Units
  • Charles Cove Community
  • Property managed by Westford RE Management

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Public Transportation
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,840

Year Built

Built in 1982

Lot Details

0

HOA Fees

$754 per month

Listing Details

  • Neighborhood: East Norwalk
  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 2332
  • Public Record Living Room Sq Ft: 2332
  • Total Sq Ft: 2332
  • Year Built: 1982
  • Nearby Amenities: Basketball Court, Golf Course, Library, Medical Facilities, Park, Playground/Tot Lot, Public Transportation, Tennis Courts
  • Association Amenities: Guest Parking, Pool, Tennis Courts
  • Property Sub Type: Condominium
  • Direct Waterfront: Yes
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Special Assessment Details: 415/mth
  • Public Record Gross Sq Ft: 2572
  • Tax Year Updated Dt: 09/09/2019
  • Directions: East Avenue to Beach Road to Island Drive.
  • Special Features: None

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Walk-up, Floored, Storage Space
  • Basement Description: Crawl Space, Unfinished, Hatchway Access
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Central Vacuum, Intercom
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher, Disposal, Washer, Electric Dryer
  • Additional Rooms: Foyer
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Home Automation: Security System, Thermostat(s)
  • Street Number Modifier: 1

Exterior Features

  • Exterior Features: Awnings, Balcony, Deck, Gutters, Lighting, Porch, Tennis Court, Underground Sprinkler, Underground Utilities
  • Exterior Siding: Clapboard, Wood
  • Waterfront Description: Direct Waterfront, Dock or Mooring, Beach Rights, View
  • Swimming Pool: Yes
  • Pool: Pool House, In Ground Pool, Heated, Safety Fence
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, Paved, Unassigned Parking
  • Garages Number: 1

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Usage Fee Annual: 360

Condo/Co-op/Association

  • Association Fee Includes: Tennis, Grounds Maintenance, Trash Pickup, Snow Removal, Water, Property Management, Pool Service, Road Maintenance, Flood Insurance
  • Complex Name: Charles Cove
  • Levels In Unit: 3
  • HOA Fees: 754
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: Yes
  • Property Management Type: Professional-Off Site
  • Property Manager Email: scottp@westfordmgt.com
  • Property Manager Name: Scott Powell
  • Property Manager Phone: 203-972-6228 x457
  • Property Mgt Company Name: Westford RE Management
  • Property Mgt Phone: 860-528-2885

Schools

  • Elementary School: Marvin
  • Middle School: Nathan Hale
  • High School: Norwalk

Green Features

  • Energy Features: Storm Doors, Thermopane Windows

Lot Info

  • Lot Description: Water View, Level Lot
  • Elevation Certificate: Yes
  • Flood Zone: Yes
  • Zoning: B
  • Property Info: Gated Community

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 9840
  • Total Assessed Value: 423090
  • Mil Rate Base: 21.390
  • Mil Rate Tax District: 1.868
  • Mil Rate Total: 23.258
  • Assessor Parcel Number: 237881

Multi Family

  • Total Num Of Units: 50

MLS Schools

  • Elementary School: Marvin
  • Middle Jr High School: Nathan Hale
  • High School: Norwalk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2019
Closed on
Sep 23, 2019
Sold by
Cahill Coralie and Cahill Patrick
Bought by
Farkas Nancy and Farkas Thomas
Seller's Agent
Judy Hyers
William Raveis Real Estate
Buyer's Agent
Thana Van Rooyen
Coldwell Banker Realty
List Price
$654,900
Sold Price
$555,000
Premium/Discount to List
-$99,900
-15.25%
Total Days on Market
229
Current Estimated Value
$1,292,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$737,861
Avg. Annual Appreciation
16.02%

Purchase Details

Closed on
Oct 21, 2003
Sold by
Leopolo Marjorie E
Bought by
Cahill Patrick J and Cahill Coralie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
5.12%

Purchase Details

Closed on
Oct 15, 1987
Sold by
Zins Jonathan
Bought by
Leopold Marjorie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
10.63%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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    • 2 Baths
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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 Buyer Sale Price Title Company
Farkas Nancy $555,000 --
Farkas Nancy $555,000 --
Cahill Patrick J $668,000 --
Cahill Patrick J $668,000 --
Leopold Marjorie $510,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farkas Nancy A $301,000
Previous Owner Leopold Marjorie $322,000
Previous Owner Leopold Marjorie $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $555,000 0.0% $238 / Sq Ft
06/19/2019 06/19/19 Price Changed $555,000 -6.7% $238 / Sq Ft
05/31/2019 05/31/19 Price Changed $595,000 -4.8% $255 / Sq Ft
04/30/2019 04/30/19 Price Changed $625,000 -2.2% $268 / Sq Ft
03/27/2019 03/27/19 Price Changed $639,000 -2.4% $274 / Sq Ft
02/01/2019 02/01/19 For Sale $654,900 -- $281 / 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 $17,776 $762,020 $0 $762,020
2023 $10,531 $423,090 $0 $423,090
2022 $10,334 $423,090 $0 $423,090
2021 $8,847 $423,090 $0 $423,090
2020 $9,953 $423,090 $0 $423,090
2019 $9,840 $423,090 $0 $423,090
2018 $11,756 $454,370 $0 $454,370
2017 $11,370 $454,370 $0 $454,370
2016 $11,559 $454,370 $0 $454,370
2015 $10,382 $454,370 $0 $454,370
2014 $11,377 $454,370 $0 $454,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170160633

SmartMLS

APN: NORW-000003-000075-000018-000023