NOT LISTED FOR SALE

101 Fair St Guilford, CT 06437

6 Beds
2 Baths
4,126 Sq Ft
0.41 Acres

Last Sold December 06, 2018

Last sale price $555,000 $135 Per Sq Ft

275 Days on Market

Highlights

  • Attic
  • E.C. Adams Middle School Rated A-
  • Central Air

About This Home

As of December 2018

INVESTORS TAKE NOTICE ! GROSS INCOME OF $81,000. Walk to town green, restaurants, shops, town hall and more just a block away. An original 1645 historic special saltbox style home owned by Thomas Cooke with post and beam construction, thick plank flooring, stunning stone fireplaces, The Main home is currently set up as a 2 family - can be converted back to single family or perfect for an office, law firm, doctors/dental, etc ! Additionally this property comes with a commercial building currently being used as a pizza restaurant and another building currently used as a Thai restaurant with an apartment above. 5 total units if kept as is. Don't miss this investment opportunity in Guilford !

Last Agent to Sell the Property

Lauren Freedman

Coldwell Banker Realty License #REB.0792452 Listed on: 09/30/2017

Coldwell Banker Realty

Last Buyer's Agent

Tom Cavaliere

Coldwell Banker Realty License #REB.0110396

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,869

Year Built

  • Built in 1900

Lot Details

  • 0.41 Acre Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Clap Board Siding

Interior Spaces

  • 6 Bedrooms
  • 4,126 Sq Ft Home
  • Partial Basement
  • Walkup Attic

Parking

  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Schools

  • Guilford High School

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Oil Water Heater

Community Details

  • 5 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,869

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 4126
  • Public Record Living Room Sq Ft: 672
  • Total Sq Ft: 4126
  • Year Built: 1900
  • Remarks Public Addendum: documents available upon request. owner currently rents part of the first floor as office space for $500 . that is not included in the income as if 1st floor was rented it would go with 1st floor. leases in place for thai restaurant and pizza place. see a
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 672
  • Directions: boston post road to corner of fair street - red building
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Attic Description: Walk-up
  • Basement Description: Partial
  • Attic: Yes
  • Street Number Modifier: 101

Exterior Features

  • Exterior Siding: Clapboard
  • Foundation Type: Block
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking, Off Street Parking, Parking Lot

Utilities

  • Cooling System: Central Air
  • Heat Type: Radiator
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Septic

Schools

  • Elementary School: Per Board of Ed
  • High School: Guilford

Lot Info

  • Acres: 0.4100
  • Lot Description: N/A
  • Zoning: PV

Multi Family

  • Unit Count: 5
  • Total Num Of Units: 5

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 16869
  • Total Assessed Value: 574560
  • Mil Rate Base: 29.360
  • Mil Rate Total: 29.360
  • Assessor Parcel Number: 2489543

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Guilford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2017
Closed on
Dec 4, 2018
Sold by
Carroll Dennis R and Navarro Lidia R
Bought by
101 Fair Street Llc
Seller's Agent
Lauren Freedman
Coldwell Banker Realty
Buyer's Agent
Tom Cavaliere
Coldwell Banker Realty
List Price
$785,000
Sold Price
$555,000
Premium/Discount to List
-$230,000
-29.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,050
Outstanding Balance
$576,703
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2004
Sold by
Rice Jacqueline M Est
Bought by
Navaro Lidia R and Carroli Dennis R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 2002
Sold by
Stannard Tr Frances D
Bought by
Rice Jacqueline M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
101 Fair Street Llc $555,000 --
Navaro Lidia R $500,000 --
Rice Jacqueline M $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 101 Fair Street Llc $301,000
Open 101 Fair Street Llc $652,050
Previous Owner Rice Jacqueline M $325,000
Previous Owner Rice Jacqueline M $12,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2018 12/06/18 Sold $555,000 -27.5% $135 / Sq Ft
07/02/2018 07/02/18 Pending -- -- --
11/02/2017 11/02/17 Price Changed $765,000 -2.5% $185 / Sq Ft
09/30/2017 09/30/17 For Sale $785,000 -- $190 / 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 $12,559 $472,500 $379,120 $93,380
2023 $18,520 $715,610 $379,120 $336,490
2022 $19,520 $587,070 $379,130 $207,940
2021 $19,150 $587,070 $379,130 $207,940
2020 $19,728 $610,580 $379,130 $231,450
2019 $20,351 $635,360 $379,140 $256,220
2018 $19,874 $635,360 $379,140 $256,220
2017 $16,869 $574,560 $328,730 $245,830
2016 $16,387 $571,580 $328,740 $242,840
2015 $16,141 $571,580 $328,740 $242,840
2014 $15,673 $571,580 $328,740 $242,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170019255

SmartMLS

APN: GUIL-000000-000000-046027