NOT LISTED FOR SALE

1 Lincoln Ave Norwalk, CT 06854

South Norwalk Neighborhood

Estimated Value: $636,000 - $777,000

4 Beds
2 Baths
1,515 Sq Ft
$455/Sq Ft Est. Value

Last Sold November 03, 2021

Last sale price $487,500 $322 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,470/month

92 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Porch
  • Brien Mcmahon High School Rated A-
  • 1 Car Detached Garage
  • Public Transportation

About This Home

As of November 2021

Excellent investment opportunity in Norwalk’s SoNo! A charming covered porch greets you at this 2- family home that is completely renovated from top to bottom, inside and out. Unit 1 is 1-bedroom, 1 bath and Unit 2 is 3 bedrooms,1 bath. Both homes have renovated white kitchens with granite counters and stainless-steel appliances and bamboo wood floors throughout. In addition to the interior updates are new furnaces, new hot water heaters, new sewer line and French drains. Full basement with coin-operated washer/dryer, separate electric meters, detached garage, and lovely back yard for outside activities. Current tenants are month-to-month but would like to stay. Conveniently located in close proximity to Metro North, and all that vibrant Sono has to offer: nightlife, restaurants, shopping and beaches. It doesn’t get easier than this!

Last Agent to Sell the Property

Robin Schultz

The Agency License #RES.0763029 Listed on: 07/06/2021

The Agency

Last Buyer's Agent

Christopher Ragsdale

Thomas Real Estate License #RES.0806101

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,852

Year Built

  • Built in 1913

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Home Design

  • 1,515 Sq Ft Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Storage

Parking

  • 1 Car Detached Garage
  • Driveway

Outdoor Features

  • Porch

Location

  • Flood Zone Lot
  • Property is near public transit
  • Property is near shops

Schools

  • Rowayton Elementary School
  • Roton Middle School
  • Brien Mcmahon High School

Utilities

  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: Window A/Cs (belong to tenants)

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation
  • Coin Laundry

Building Details

  • Gross Income $38,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,852

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Neighborhood: SONO
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1515
  • Public Record Living Room Sq Ft: 1515
  • Total Sq Ft: 1515
  • Year Built: 1913
  • Nearby Amenities: Commuter Bus, Park, Public Rec Facilities, Public Transportation, Shopping/Mall
  • Property Sub Type: 2 Family
  • Exclusions: Window A/Cs (belong to tenants)
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2637
  • Tax Year Updated Dt: 09/20/2021
  • Directions: Water Street, turn right onto Burritt Avenue, left onto Lincoln Ave. First house on the right.
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full, Unfinished, Interior Access, Storage
  • Laundry Room Info: Coin Op Laundry
  • Attic: No
  • Street Number Modifier: 1

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1
  • Driveway Type: Paved

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Rowayton
  • Middle School: Roton
  • High School: Brien McMahon

Lot Info

  • Acres: 0.1300
  • Lot Description: Level Lot
  • Flood Zone: Yes
  • Zoning: C

Multi Family

  • Gross Annual Income: 38900
  • Net Operating Income: 26679
  • Unit Count: 2
  • Total Multi Family: 8
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 6852
  • Total Assessed Value: 285850
  • Mil Rate Base: 20.910
  • Mil Rate Tax District: 3.060
  • Mil Rate Total: 23.970
  • Assessor Parcel Number: 235188

MLS Schools

  • Elementary School: Rowayton
  • Middle Jr High School: Roton
  • High School: Brien McMahon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Nov 3, 2021
Sold by
Bonfigli Andrea and Dacosta Isabelle
Bought by
Lee Kayla N
Seller's Agent
Robin Schultz
The Agency
Buyer's Agent
Christopher Ragsdale
Thomas Real Estate
List Price
$525,000
Sold Price
$487,500
Premium/Discount to List
-$37,500
-7.14%
Current Estimated Value
$689,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,994
Avg. Annual Appreciation
6.74%
Original Mortgage
$478,669
Outstanding Balance
$439,809
Interest Rate
2.88%
Mortgage Type
FHA
Estimated Equity
$187,746

Purchase Details

Listed on
Nov 2, 2017
Closed on
Jun 14, 2018
Sold by
Garbarino James
Bought by
Bonfigli Andrea and Dacosta Isabelle
Seller's Agent
Ed Villeda
William Pitt Sotheby's Int'l
Buyer's Agent
Robin Schultz
The Agency
List Price
$495,000
Sold Price
$431,500
Premium/Discount to List
-$63,500
-12.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.67%
Original Mortgage
$215,750
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 8, 2015
Closed on
Jul 24, 2015
Sold by
Thompson Cleveland
Bought by
Garbarino James
Seller's Agent
Jennifer Davis
Keller Williams Prestige Prop.
Buyer's Agent
Adam Wagner
Keller Williams Prestige Prop.
List Price
$229,000
Sold Price
$225,000
Premium/Discount to List
-$4,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.17%

Purchase Details

Closed on
Jun 30, 1989
Sold by
Davis John
Bought by
Askew Henry
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Lee Kayla N $487,500 None Available
Lee Kayla N $487,500 None Available
Bonfigli Andrea $431,500 --
Bonfigli Andrea $431,500 --
Garbarino James $231,750 --
Garbarino James $231,750 --
Askew Henry $233,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Kayla N $478,669
Closed Lee Kayla N $478,669
Previous Owner Askew Henry $215,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2021 11/03/21 Sold $487,500 -2.3% $322 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
07/22/2021 07/22/21 Price Changed $499,000 -5.0% $329 / Sq Ft
07/13/2021 07/13/21 For Sale $525,000 +7.7% $347 / Sq Ft
07/09/2021 07/09/21 Off Market $487,500 -- --
07/06/2021 07/06/21 For Sale $525,000 +21.7% $347 / Sq Ft
06/14/2018 06/14/18 Sold $431,500 -3.9% $199 / Sq Ft
04/12/2018 04/12/18 Pending -- -- --
12/04/2017 12/04/17 Price Changed $449,000 -9.3% $207 / Sq Ft
11/02/2017 11/02/17 For Sale $495,000 +120.0% $228 / Sq Ft
07/21/2015 07/21/15 Sold $225,000 -1.7% $104 / Sq Ft
06/21/2015 06/21/15 Pending -- -- --
04/08/2015 04/08/15 For Sale $229,000 -- $105 / 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
2025 $9,558 $399,910 $103,670 $296,240
2024 $9,416 $399,910 $103,670 $296,240
2023 $7,171 $285,850 $95,030 $190,820
2022 $7,016 $285,850 $95,030 $190,820
2021 $6,851 $285,850 $95,030 $190,820
2020 $6,848 $285,850 $95,030 $190,820
2019 $6,665 $285,850 $95,030 $190,820
2018 $4,383 $164,730 $92,400 $72,330
2017 $4,231 $164,740 $92,400 $72,340
2016 $4,191 $164,730 $92,400 $72,330
2015 $4,179 $164,730 $92,400 $72,330
2014 $4,125 $164,730 $92,400 $72,330
Source: Public Records

Agents Affiliated with this Home

  • Robin Schultz

    Seller's Agent in 2021

    Robin Schultz

    The Agency

    (203) 667-9014

    1 in this area

    35 Total Sales

    Robin Schultz
    Section Image
  • Christopher Ragsdale

    Buyer's Agent in 2021

    Christopher Ragsdale

    Thomas Real Estate

    (203) 559-4696

    1 in this area

    25 Total Sales

    Christopher Ragsdale
    Section Image
  • Ed Villeda

    Seller's Agent in 2018

    Ed Villeda

    William Pitt

    (120) 324-9458

    8 in this area

    214 Total Sales

    Ed Villeda
    Section Image
  • Jennifer Davis

    Seller's Agent in 2015

    Jennifer Davis

    Keller Williams Prestige Prop.

    2 in this area

    21 Total Sales

    Jennifer Davis
    Section Image
  • Adam Wagner

    Buyer's Agent in 2015

    Adam Wagner

    Keller Williams Prestige Prop.

    (203) 258-3175

    7 in this area

    319 Total Sales

    Adam Wagner
    Section Image
  • Chris Carozza

    Buyer Co-Listing Agent in 2015

    Chris Carozza

    RE/MAX

    (203) 912-6819

    3 in this area

    298 Total Sales

    Chris Carozza
    Section Image
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Map

Source: SmartMLS

MLS Number: 170416630

SmartMLS

APN: NORW-000002-000088-000047

Connecticut Fairfield County Norwalk 06854 South Norwalk

1 Lincoln Ave, Norwalk, CT

This home is located at 1 Lincoln Ave, Norwalk, CT 06854 since 06 July 2021 and is currently estimated at $689,494, approximately $455 per square foot. This property was built in 1913. 1 Lincoln Ave is a home located in Fairfield County with nearby schools including Rowayton Elementary School, Roton Middle School, and Brien Mcmahon High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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