NOT LISTED FOR SALE

11 Spring Hill Ave Unit C Norwalk, CT 06850

Spring Hill Neighborhood

Estimated Value: $457,398 - $896,000

4 Beds
3 Baths
2,601 Sq Ft
$266/Sq Ft Est. Value

Last Sold March 25, 2015

Last sale price $260,000 $100 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $4,432/month

208 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Hot Water Circulator
  • Brien Mcmahon High School Rated A-
  • Porch
  • Baseboard Heating

About This Home

As of March 2015

Create instant equity and/or boost long term yield via the repositioning oppty this investment property provides. Capital expenditure efforts accommodate both cosmetic overhaul and upper level expansion. Long term tenant base offers both security to a new landlord and/or the incentive to restructure tenant agreements in keeping with current market expectations. This right sized 3 unit dwelling is an attractive prospect to either the owner occupant seeking expense & debt service coverage or the pure investor desiring a manageable project promising solid returns. Close proximity to the Norwalk Hospital, public transportation, and walking distance to shops n’ services in the West Ave / Wall St vicinity. RE taxes reduced for 2014 / 2015.

Last Agent to Sell the Property

Tom Preston

Keller Williams Realty License #REB.0791576 Listed on: 08/29/2014

Keller Williams Realty

Last Buyer's Agent

Tom Preston

Keller Williams Realty License #REB.0791576 Listed on: 08/29/2014

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,276

Year Built

  • Built in 1940

Lot Details

  • 6,970 Sq Ft Lot
  • Sloped Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Thermal Windows
  • Storm Doors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement

Parking

  • Parking Deck
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Schools

  • Jefferson Elementary School
  • Mcmahon High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,276

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Neighborhood: Broad River
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Sq Ft Est Heated Above Grade: 1785
  • Public Record Living Room Sq Ft: 1785
  • Sq Ft Est Heated Below Grade: 816
  • Total Sq Ft: 2601
  • Year Built: 1940
  • Remarks Public Addendum: *** As of 9.18.2014 a c/o has been verified for a 2 unit residence. There is no information suggesting a 3rd unit (the 1 BR unit located on the uppermost level of the dwelling) is of a conforming nature. Current use is that of a 3 unit residence and tow
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3233
  • Directions: Riverside Ave, Van Buren Ave, Cross St, or Ponus Ave to Spring Hill Ave. Between Kellogg & Loomis.
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Heated, Liveable Space, Partially Finished, Walk-out
  • Attic: No

Exterior Features

  • Exterior Features: Deck, Porch
  • Exterior Siding: Aluminum
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking, Parking Lot

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: In Basement
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Green Features

  • Energy Features: Storm Doors, Thermopane Windows

Lot Info

  • Acres: 0.1600
  • Lot Description: Sloping Lot
  • Zoning: C

Multi Family

  • Unit Count: 3
  • Total Multi Family: 10
  • Total Num Of Units: 3
  • Total Unit Count: 3

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 5276
  • Assessor Parcel Number: 230651

MLS Schools

  • Elementary School: Jefferson
  • Middle Jr High School: Per Board of Ed
  • High School: McMahon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2014
Closed on
Mar 25, 2015
Sold by
Young Gwendolyn and Browder Laurine
Bought by
Calderon Jenny and Alarcon Maros
Seller's Agent
Tom Preston
Keller Williams Realty
Buyer's Agent
Tom Preston
Keller Williams Realty
List Price
$300,000
Sold Price
$260,000
Premium/Discount to List
-$40,000
-13.33%
Current Estimated Value
$691,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,850
Avg. Annual Appreciation
9.58%

Purchase Details

Closed on
Nov 4, 1987
Sold by
Hiller Paul
Bought by
Young Gwendolyn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Calderon Jenny $260,000 --
Calderon Jenny $260,000 --
Young Gwendolyn $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Gwendolyn $286,500
Previous Owner Young Gwendolyn $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2015 03/25/15 Sold $260,000 -13.3% $100 / Sq Ft
02/23/2015 02/23/15 Pending -- -- --
08/29/2014 08/29/14 For Sale $300,000 -- $115 / 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 $9,464 $396,000 $154,040 $241,960
2024 $9,324 $396,000 $154,040 $241,960
2023 $7,035 $280,450 $112,960 $167,490
2022 $6,884 $280,450 $112,960 $167,490
2021 $6,722 $280,450 $112,960 $167,490
2020 $6,718 $280,450 $112,960 $167,490
2019 $6,539 $280,450 $112,960 $167,490
2018 $5,606 $210,710 $117,210 $93,500
2017 $5,411 $210,710 $117,210 $93,500
2016 $5,378 $211,400 $117,210 $94,190
2015 $5,346 $210,710 $117,210 $93,500
2014 $5,276 $210,710 $117,210 $93,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Tom Preston

    Keller Williams Realty

    (203) 247-8894

    1 in this area

    33 Total Sales

    Tom Preston
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Map

Source: SmartMLS

MLS Number: 99078030

SmartMLS

APN: NORW-000001-000045-000034

Connecticut Fairfield County Norwalk 06850 Spring Hill

11 Spring Hill Ave Unit C, Norwalk, CT

Not Listed for Sale

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