NOT LISTED FOR SALE

Estimated Value: $849,000 - $1,137,394

6 Beds
4 Baths
3,312 Sq Ft
$289/Sq Ft Est. Value

Last Sold May 17, 2019

Last sale price $480,000 $145 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $6,260/month

15 Days on Market

Highlights

  • Beach Access
  • Deck
  • Attic
  • Holland Hill Elementary Rated A
  • Property is near public transit
  • Public Transportation

About This Home

As of May 2019

Wonderful Investment opportunity to update or rebuild! This spacious multi family is a great opportunity to generate cash flow by renting both units or renting one and occupying the other. Potential rent $2000+ per unit. Each unit has a spacious living and dining room, full kitchen with 3 bedrooms, one full and 1/2 bath with washer and dryer and partially finished basements for additional space. Also, offers a shared driveway with off street parking and nice backyard with shed. The home is in close proximity to I 95, Fairfield metro train station, parks, restaurants, shopping centers and you have beach rights, which makes it convenient for both work and leisure. This two family will not last. Don't miss this opportunity to invest in your future.

Last Agent to Sell the Property

Maria Graham-Baptist

Coldwell Banker Realty License #RES.0802640 Listed on: 04/01/2019

Coldwell Banker Realty

Last Buyer's Agent

Judy Mitchell

William Pitt Sotheby's Int'l License #RES.0801155

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,329

Year Built

  • Built in 1979

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • Ceiling Fan

Bedrooms and Bathrooms

  • 6 Bedrooms

Attic

  • Attic Floors
  • Storage In Attic
  • Pull Down Stairs to Attic

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Parking

  • Parking Deck
  • Shared Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Deck
  • Shed

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Schools

  • Holland Hill Elementary School
  • Fairfield Woods Middle School
  • Fairfield Ludlowe High School

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Floor Furnace
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

  • 2 Units
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,329

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Neighborhood: University
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2592
  • Public Record Living Room Sq Ft: 2592
  • Sq Ft Est Heated Below Grade: 720
  • Total Sq Ft: 3312
  • Year Built: 1979
  • Nearby Amenities: Health Club, Playground/Tot Lot, Public Transportation, Shopping/Mall, Tennis Courts, Walk to Bus Lines
  • Remarks Public Addendum: Wonderful Investment opportunity to update or rebuild! This spacious multi family is a great opportunity to generate cash flow by renting both units or renting one and occupying the other. Potential rent $2000+ per unit. Each unit has a spacious living an
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4230
  • Directions: Black Rock Turnpike or High St. to Andrassy Ave.
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Attic Description: Pull-Down Stairs, Floored, Storage Space
  • Basement Description: Full, Full With Hatchway, Partially Finished, Heated
  • Laundry Room Location: Left side, kitchen/ right side, basement
  • Laundry Room Info: Washer/Dryer All Units
  • Attic: Yes
  • Street Number Modifier: 119

Exterior Features

  • Exterior Features: Deck, Shed
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Driveway, Off Street Parking
  • Driveway Type: Shared

Utilities

  • Cooling System: Ceiling Fans, Window Unit
  • Heat Type: Baseboard, Hot Water, Zoned
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 40 Gallon Tank, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Usage Fee Annual: 300

Schools

  • Elementary School: Holland Hill
  • Middle School: Fairfield Woods
  • High School: Fairfield Ludlowe

Lot Info

  • Acres: 0.2100
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: B

Multi Family

  • Unit Count: 2
  • Total Multi Family: 12
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 8329
  • Total Assessed Value: 315980
  • Mil Rate Base: 26.360
  • Mil Rate Total: 26.360
  • Assessor Parcel Number: 124277

MLS Schools

  • Elementary School: Holland Hill
  • Middle Jr High School: Fairfield Woods
  • High School: Fairfield Ludlowe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2019
Closed on
May 15, 2019
Sold by
Beachman Sally
Bought by
Chen Jiazhen and Fong Takfung
Seller's Agent
Maria Graham-Baptist
Coldwell Banker Realty
Buyer's Agent
Judy Mitchell
William Pitt Sotheby's Int'l
List Price
$520,000
Sold Price
$480,000
Premium/Discount to List
-$40,000
-7.69%
Current Estimated Value
$957,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,849
Avg. Annual Appreciation
11.17%
Original Mortgage
$232,000
Outstanding Balance
$209,689
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$723,854
Source: Public Records

Range of Values:

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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
Chen Jiazhen $480,000 --
Chen Jiazhen $480,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Jiazhen $232,000
Closed Chen Jiazhen $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2019 05/17/19 Sold $480,000 -7.7% $145 / Sq Ft
04/16/2019 04/16/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $520,000 0.0% $157 / Sq Ft
01/22/2016 01/22/16 Rented $1,700 -2.9% --
12/23/2015 12/23/15 Under Contract -- -- --
10/31/2015 10/31/15 For Rent $1,750 +2.9% --
10/21/2014 10/21/14 Rented $1,700 -2.9% --
09/21/2014 09/21/14 Under Contract -- -- --
09/10/2014 09/10/14 For Rent $1,750 -- --
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 $12,492 $440,020 $234,920 $205,100
2024 $12,277 $440,020 $234,920 $205,100
2023 $12,105 $440,020 $234,920 $205,100
2022 $11,427 $419,510 $234,920 $184,590
2021 $11,318 $419,510 $234,920 $184,590
2020 $8,465 $315,980 $192,920 $123,060
2019 $8,465 $315,980 $192,920 $123,060
2018 $8,329 $315,980 $192,920 $123,060
2017 $8,159 $315,980 $192,920 $123,060
2016 $8,042 $315,980 $192,920 $123,060
2015 $8,142 $328,440 $205,800 $122,640
2014 $8,014 $328,440 $205,800 $122,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170177010

SmartMLS

APN: FAIR-000079-000000-000704-A000000