NOT LISTED FOR SALE

12 Fairmont Place Shelton, CT 06484

Estimated Value: $552,000 - $718,000

6 Beds
3 Baths
3,326 Sq Ft
$191/Sq Ft Est. Value

Last Sold June 08, 2021

Last sale price $455,000 $137 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,788/month

5 Days on Market

Highlights

  • Property is near public transit
  • Balcony
  • Covered Deck
  • No HOA
  • Porch
  • Public Transportation

About This Home

As of June 2021

Investors! Here's an amazing opportunity to own a solid, fully rented and well-maintained three family home tucked away from the bustle of downtown. First and second floor are duplicated spacious layouts, featuring entry way, living room, dining room, pantry, kitchen with laundry, 2 large bedrooms and full bathroom. Third floor 2 bedroom 1 full bathroom unit was fully updated in 2014, featuring newer kitchen and bathroom, carpeting, and modern paint colors. New siding, composite decking and roof in 2014. Private backyard space for tenants to enjoy. Schedule your showing! *Highest and best by 12p Saturday, 4/10*

Last Agent to Sell the Property

Chelsea Curran

Real Broker CT, LLC License #RES.0811241 Listed on: 04/05/2021

Co-Listed By

Michael Curran

Preston Gray Real Estate License #RES.0811242

Last Buyer's Agent

Gretchen Krajcsik

Preston Gray Real Estate License #RES.0813630

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,070

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,326 Sq Ft Home
  • Awning

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Interior Basement Entry
  • Basement Storage

Parking

  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Covered Deck
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near shops

Schools

  • Shelton High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Fuel Tank Located in Basement

Listing and Financial Details

  • Exclusions: First floor unit refrigerator, oven, microwave, washer and dryer

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,070

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3326
  • Public Record Living Room Sq Ft: 3326
  • Total Sq Ft: 3326
  • Year Built: 1920
  • Nearby Amenities: Library, Park, Playground/Tot Lot, Public Rec Facilities, Public Transportation, Shopping/Mall
  • Property Sub Type: 3 Family
  • Exclusions: First floor unit refrigerator, oven, microwave, washer and dryer
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS Friendly. Parking spots directly across street (first section between telephone poles)
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Interior Access, Storage
  • Laundry Room Location: 1st&2nd laundry in unit, 3rd in basement
  • Laundry Room Info: Basement Hook-Up(s), Hook-Up In Unit 1, Hook-Up In Unit 2
  • Attic: No
  • Street Number Modifier: 12

Exterior Features

  • Exterior Features: Awnings, Balcony, Covered Deck, Gutters, Porch, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Heat Type: Baseboard, Hot Air
  • Heat Fuel Type: Electric, Natural Gas
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1300
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: R-4

Multi Family

  • Unit Count: 3
  • Total Multi Family: 14
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 3070
  • Total Assessed Value: 136920
  • Mil Rate Base: 22.420
  • Mil Rate Total: 22.420
  • Assessor Parcel Number: 291605

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2021
Closed on
Jun 8, 2021
Sold by
Middlemass Matthew P and Middlemass Cheryl A
Bought by
Pan Tianping
Seller's Agent
Chelsea Curran
Real Broker CT, LLC
Buyer's Agent
Gretchen Krajcsik
Preston Gray Real Estate
List Price
$395,000
Sold Price
$455,000
Premium/Discount to List
$60,000
15.19%
Current Estimated Value
$611,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,347
Avg. Annual Appreciation
7.87%
Original Mortgage
$273,000
Outstanding Balance
$248,242
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$376,339

Purchase Details

Listed on
Aug 12, 2014
Closed on
Oct 1, 2014
Sold by
Shuster Jeanne
Bought by
Middlemass Matthew
Seller's Agent
GLEN SMITH
Berkshire Hathaway NE Prop.
Buyer's Agent
Barbara Crawford
Carey & Guarrera Real Estate
List Price
$209,900
Sold Price
$195,000
Premium/Discount to List
-$14,900
-7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.50%

Purchase Details

Closed on
Sep 2, 1999
Sold by
Shuster Edward P
Bought by
Shuster George J
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
Pan Tianping $455,000 None Available
Pan Tianping $455,000 None Available
Middlemass Matthew $195,000 --
Middlemass Matthew $195,000 --
Shuster George J $50,000 --
Shuster George J $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pan Tianping $273,000
Closed Pan Tianping $273,000
Previous Owner Shuster George J $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2021 06/08/21 Sold $455,000 +15.2% $137 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $395,000 +102.6% $119 / Sq Ft
09/30/2014 09/30/14 Sold $195,000 -7.1% $59 / Sq Ft
08/26/2014 08/26/14 Pending -- -- --
08/12/2014 08/12/14 For Sale $209,900 -- $63 / 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 $5,295 $281,330 $72,660 $208,670
2024 $5,396 $281,330 $72,660 $208,670
2023 $4,915 $281,330 $72,660 $208,670
2022 $4,915 $281,330 $72,660 $208,670
2021 $3,016 $136,920 $54,530 $82,390
2020 $3,070 $136,920 $54,530 $82,390
2019 $3,070 $136,920 $54,530 $82,390
2017 $3,041 $136,920 $54,530 $82,390
2015 $3,312 $148,470 $43,050 $105,420
2014 $3,312 $148,470 $43,050 $105,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170386798

SmartMLS

APN: SHEL-000129D-000000-000087