NOT LISTED FOR SALE

12 Adams Ave Stamford, CT 06902

Mid Ridge Neighborhood

Estimated Value: $703,722 - $844,000

5 Beds
2 Baths
1,851 Sq Ft
$413/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $685,000 $370 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,753/month

86 Days on Market

Highlights

  • City View
  • Attic
  • Smart Appliances
  • Property is near public transit
  • Porch
  • Public Transportation

About This Home

As of May 2024

Exceptional Investment Alert: a standout multifamily property, has been repositioned to $685,000 – seize this remarkable investment opportunity. 12 Adams Avenue, a multi-family property situated in the bustling heart of downtown Stamford. Walking distance away from shopping centers, train station, bus lines, UCONN campus, restaurants, and serene Mill River Park. This income generating asset presents a lucrative opportunity for investors, savvy homebuyers looking to offset their mortgage with rental income, or multi-generational living. Both units have undergone renovations, featuring freshly painted interiors, recently finished gleaming hardwood floors, and updated modern eat in kitchen & baths. The Spacious and inviting front unit includes four generously sized bedrooms, living room, dining room, and a fully equipped kitchen. The rear unit with private entrance is updated & efficient with a kitchen and bedroom, ideal for tenants/ additional rental income. The generous backyard offers additional space for potential expansion, increasing the property’s value and rental income possibilities. The generous side yard leaves ample room for the addition of a potential driveway. The basement accessible to both units provides substantial storage space. 12 Adams Avenue is more than just a property; it’s a smart investment in one of Stamford’s most desirable locations. Capitalize on this turnkey opportunity to own a piece of Stamford’s vibrant community.

Last Agent to Sell the Property

Tara Chlupsa

Coldwell Banker Realty License #RES.0775418 Listed on: 02/01/2024

Coldwell Banker Realty

Last Buyer's Agent

Daniel Villacis

Modern Day Real Estate License #REB.0791324

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,257

Year Built

  • Built in 1862

Lot Details

  • 6,534

Home Design

  • Stone Foundation
  • Asphalt Shingled Roof
  • Shingle Siding
  • Masonry

Interior Spaces

  • 1,851 Sq Ft Home
  • Concrete Flooring
  • City Views
  • Unfinished Basement
  • Basement Storage
  • Smart Appliances

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Attic

  • Storage In Attic
  • Attic or Crawl Hatchway Insulated

Home Security

  • Smart Lights or Controls
  • Smart Thermostat

Outdoor Features

  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

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

Schools

  • Hart Magnet Elementary School
  • Cloonan Middle School
  • Westhill High School

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System

Additional Features

  • Modified Wall Outlets
  • Energy-Efficient Lighting
  • 6,534 Sq Ft Lot

Community Details

  • 2 Units
  • Public Transportation

Listing and Financial Details

  • Exclusions: Please see inclusion/exclusion sheet
  • Assessor Parcel Number 321334

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,257

Year Built

Built in 1862

Lot Details

0

Listing Details

  • Neighborhood: West Side
  • Property Type: Multi-Family For Sale
  • Style: Other
  • Sq Ft Est Heated Above Grade: 1851
  • Total Sq Ft: 1851
  • Year Built: 1862
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Park, Playground/Tot Lot, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Exclusions: Please see inclusion/exclusion sheet
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2886
  • Directions: GPS friendly
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 1851
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Access Via Hatch, Storage Space
  • Basement Description: Unfinished, Concrete Floor, Storage
  • Laundry Room Info: None
  • Attic: Yes
  • Home Automation: Appliances, Electric Outlet(s), Lighting, Thermostat(s)
  • Street Number Modifier: 12

Exterior Features

  • Exterior Features: Gutters, Lighting, Porch
  • Exterior Siding: Shingle
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Masonry

Garage/Parking

  • Garage And Parking: Unpaved, On Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Radiant
  • Heat Fuel Type: Electric, Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Hart Magnet
  • Middle School: Cloonan
  • High School: Westhill

Lot Info

  • Acres: 0.15
  • Lot Description: City Views
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R5
  • Parcel #: 321334

Multi Family

  • Total Number Of Units: 2
  • Unit Count: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 9257
  • Total Assessed Value: 366750
  • Mil Rate Total: 25.24

MLS Schools

  • Elementary School: Hart Magnet
  • Middle Jr High School: Cloonan
  • High School: Westhill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
May 3, 2024
Sold by
Codato Lt and Codato
Bought by
Navarro German and Piedrahita Norma D
Seller's Agent
Tara Chlupsa
Coldwell Banker Realty
Buyer's Agent
Daniel Villacis
Modern Day Real Estate
List Price
$799,000
Sold Price
$685,000
Premium/Discount to List
-$114,000
-14.27%
Views
147
Current Estimated Value
$765,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,181
Avg. Annual Appreciation
8.11%
Original Mortgage
$655,168
Outstanding Balance
$644,570
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$120,611

Purchase Details

Closed on
Feb 2, 2024
Sold by
Codato Catherine
Bought by
Codato Lt and Codato

Purchase Details

Closed on
Nov 30, 1995
Sold by
Fgb Rlty Advisors Inc
Bought by
Codato Catherine

Purchase Details

Closed on
Jan 12, 1987
Sold by
Haughey Cornelius
Bought by
Burke Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
9.49%
Mortgage Type
Purchase Money Mortgage
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
Navarro German $685,000 None Available
Navarro German $685,000 None Available
Navarro German $685,000 None Available
Codato Lt -- None Available
Codato Lt -- None Available
Codato Lt -- None Available
Codato Catherine $70,000 --
Codato Catherine $70,000 --
Burke Leslie $259,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Navarro German $655,168
Closed Navarro German $655,168
Previous Owner Burke Leslie $59,000
Previous Owner Burke Leslie $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2024 05/03/24 Sold $685,000 0.0% $370 / Sq Ft
02/12/2024 02/12/24 Price Changed $685,000 -14.3% $370 / Sq Ft
02/06/2024 02/06/24 For Sale $799,000 0.0% $432 / Sq Ft
07/01/2018 07/01/18 Rented $1,000 -16.0% --
06/29/2018 06/29/18 Under Contract -- -- --
06/05/2018 06/05/18 Price Changed $1,190 -4.8% $2 / Sq Ft
05/03/2018 05/03/18 Price Changed $1,250 -2.0% $3 / Sq Ft
04/28/2018 04/28/18 For Rent $1,275 0.0% --
04/25/2018 04/25/18 Under Contract -- -- --
04/19/2018 04/19/18 For Rent $1,275 -- --
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 $8,496 $355,180 $220,710 $134,470
2024 $8,567 $366,750 $232,280 $134,470
2023 $9,257 $366,750 $232,280 $134,470
2022 $7,516 $276,640 $168,300 $108,340
2021 $7,453 $276,640 $168,300 $108,340
2020 $7,289 $276,640 $168,300 $108,340
2019 $7,289 $276,640 $168,300 $108,340
2018 $7,063 $276,640 $168,300 $108,340
2017 $6,191 $230,240 $151,870 $78,370
2016 $6,071 $232,420 $151,870 $80,550
2015 $5,910 $232,420 $151,870 $80,550
2014 $5,762 $232,420 $151,870 $80,550
Source: Public Records

Agents Affiliated with this Home

  • Tara Chlupsa

    Seller's Agent in 2024

    Tara Chlupsa

    Coldwell Banker Realty

    (203) 227-8424

    3 in this area

    45 Total Sales

    Tara Chlupsa
    Section Image
  • Daniel Villacis

    Buyer's Agent in 2024

    Daniel Villacis

    Modern Day Real Estate

    (203) 667-4475

    3 in this area

    61 Total Sales

    Daniel Villacis
    Section Image
  • Angela Alfano

    Seller's Agent in 2018

    Angela Alfano

    Coldwell Banker Realty

    (203) 273-0496

    6 in this area

    72 Total Sales

    Angela Alfano
    Section Image

  • R

    Buyer's Agent in 2018

    Robert Cullinane

    Berkshire Hathaway Home Services

    Section Image
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Map

Source: SmartMLS

MLS Number: 170622012

SmartMLS

APN: STAM-000000-000000-009854

Connecticut Fairfield County Stamford 06902 Mid Ridge

12 Adams Ave, Stamford, CT

This home is located at 12 Adams Ave, Stamford, CT 06902 since 01 February 2024 and is currently estimated at $765,181, approximately $413 per square foot. This property was built in 1862. 12 Adams Ave is a home located in Fairfield County with nearby schools including Stillmeadow Elementary School, Cloonan School, and Westhill 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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