NOT LISTED FOR SALE

Estimated Value: $579,000 - $1,581,501

6 Beds
6 Baths
7,246 Sq Ft
$163/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $1,300,000 $179 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $8,092/month

329 Days on Market

Highlights

  • Beach Front
  • Deck
  • 4 Car Attached Garage
  • Public Water Access
  • No HOA
  • Tankless Water Heater

About This Home

As of June 2022

Excellent Investment Opportunity | Stamford's Cove Beach Area! Two - Huge 3 Bedroom Duplexes with 2.5 baths in each unit. Walk into the foyer of these
beautiful units which feature mosaic inlay hardwood flooring and sunny dining room and living room with 9.5 foot ceilings. Enjoy cooking in the modern
eat-in kitchens with stainless steel appliances, stone countertops, breakfast bar and stunning pendant lighting and half bath that completes the first
floor. The upper level offers a Master bedroom with en-suite bath and cathedral ceilings. Two additional bedrooms and bath w/ beautiful marble and
tile work. Laundry ideally situated on the second floor. There is a huge lower level for storage/gym and 2 car garage. Enjoy a spacious yard and large
deck. Conveniently located for a quick walk to the beach, close to shops, restaurants and houses of worship. A great investment opportunity awaits! Both tenants are on month to month leases and under market pre pandemic rents. Live in one rent out the other.

Last Agent to Sell the Property

Peter Rosato

Coldwell Banker Realty License #REB.0755017 Listed on: 06/14/2021

Coldwell Banker Realty

Co-Listed By

Denise Rosato

Coldwell Banker Realty License #RES.0750148

Last Buyer's Agent

Joseph Pasquino

Compass Connecticut, LLC License #REB.0790849

Compass Connecticut, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,182

Year Built

  • Built in 2012

Lot Details

  • 7,405 Sq Ft Lot
  • Beach Front
  • Level Lot

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Stone Frame
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • Walkup Attic

Bedrooms and Bathrooms

  • 6 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Interior Basement Entry
  • Basement Storage

Parking

  • 4 Car Attached Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck
  • Shared Driveway

Accessible Home Design

  • Multiple Entries or Exits

Outdoor Features

  • Public Water Access
  • Walking Distance to Water
  • Deck

Schools

  • K.T. Murphy Elementary School
  • Turn Of River Middle School
  • Westhill High School

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Hot Water Circulator

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $75,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,182

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Neighborhood: Cove
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 5114
  • Public Record Living Room Sq Ft: 5114
  • Sq Ft Est Heated Below Grade: 2132
  • Total Sq Ft: 7246
  • Year Built: 2012
  • Nearby Amenities: Basketball Court, Health Club, Medical Facilities, Park, Playground/Tot Lot, Private Rec Facilities
  • Remarks Public Addendum: Each unit is under market where both units should rent for $5k each Insurance cost for 13 Dora $2,979.26/year Rent Roll 2020 Back Unit $3,300.00 x12= $39,600.00 Front Unit $2,950.00 x 12 = $35,400 Utilities We pay for water in the front unit.
  • Property Sub Type: 2 Family
  • Handicap Features: Multiple Entries/Exits
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 7246
  • Tax Year Updated Dt: 07/26/2021
  • Directions: Cove Rd to Dora
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 6.00
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Attic Description: Walk-up
  • Basement Description: Full, Partial With Walk-Out, Partially Finished, Interior Access, Walk-out, Storage
  • Laundry Room Info: Washer/Dryer All Units
  • Attic: No

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Water Community, Beach, Beach Rights, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame, Stone

Garage/Parking

  • Garage Parking Info: Attached Garage, Under House Garage
  • Garages Number: 4
  • Driveway Type: Shared, Asphalt

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1700
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R5

Multi Family

  • Gross Annual Income: 75000
  • Unit Count: 2
  • Total Multi Family: 16
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 15182
  • Mil Rate Base: 25.970
  • Mil Rate Tax District: 0.970
  • Assessor Parcel Number: 323212

MLS Schools

  • Elementary School: K.T. Murphy
  • Middle Jr High School: Turn of River
  • High School: Westhill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Jun 28, 2022
Sold by
E & G Group Llc
Bought by
Martinez Juan C
Seller's Agent
Peter Rosato
Coldwell Banker Realty
Buyer's Agent
Joseph Pasquino
Compass Connecticut, LLC
List Price
$1,495,000
Sold Price
$1,300,000
Premium/Discount to List
-$195,000
-13.04%
Current Estimated Value
$1,220,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$79,946
Avg. Annual Appreciation
-2.76%
Original Mortgage
$890,700
Outstanding Balance
$847,357
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$333,018

Purchase Details

Closed on
May 7, 2013
Sold by
Onelli Eileen and Onelli Giovanni
Bought by
E & G Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2008
Sold by
Mattis Anna
Bought by
Onelli Giovanni and Onelli Eillen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,200
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
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
Martinez Juan C $1,300,000 None Available
Martinez Juan C $1,300,000 None Available
E & G Group Llc -- --
E & G Group Llc -- --
E & G Group Llc -- --
Onelli Giovanni $364,000 --
Onelli Giovanni $364,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Juan C $890,700
Closed Martinez Juan C $890,700
Previous Owner E & G Group Llc $1,000,000
Previous Owner Onelli Giovanni $291,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2022 06/30/22 Sold $1,300,000 -1.9% $179 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
04/18/2022 04/18/22 Price Changed $1,325,000 -1.9% $183 / Sq Ft
02/25/2022 02/25/22 Price Changed $1,350,000 -9.7% $186 / Sq Ft
06/14/2021 06/14/21 For Sale $1,495,000 -- $206 / 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 $20,314 $849,230 $212,220 $637,010
2024 $19,838 $849,230 $212,220 $637,010
2023 $21,435 $849,230 $212,220 $637,010
2022 $15,311 $563,540 $153,800 $409,740
2021 $15,182 $563,540 $153,800 $409,740
2020 $14,849 $563,540 $153,800 $409,740
2019 $14,849 $563,540 $153,800 $409,740
2018 $14,387 $563,540 $153,800 $409,740
2017 $13,423 $499,180 $126,050 $373,130
2016 $13,039 $499,180 $126,050 $373,130
2015 $12,694 $499,180 $126,050 $373,130
2014 $12,375 $499,180 $126,050 $373,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170394465

SmartMLS

APN: STAM-000001-000000-001978