NOT LISTED FOR SALE

Estimated Value: $383,000 - $742,000

3 Beds
1.5 Baths
1,260 Sq Ft
$404/Sq Ft Est. Value

Last Sold January 28, 2023

Last sale price $320,000 $254 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,284/month

168 Days on Market

Highlights

  • Public Water Access
  • Colonial Architecture
  • Shed
  • Riverfield Elementary School Rated A
  • No HOA
  • Wood Siding

About This Home

As of January 2023

Great opportunity for first time home buyers with low to medium income, Needs Town of Fairfield approval, 3 Bedroom & 1.5 bath Colonial style right side Half duplex, Hardwood floors on the main level, Kitchen and bathrooms recently remodeled. Price is regulated by Fairfield Economic development because the house is built on leased land. It must be owner-occupied as it cannot be rented and buyers must meet certain income guidelines. Buyer agents are encouraged to find out from Fairfield Economic Development about potential buyer assistance and for further information. Up to $30k down payment assistance and $2500 closing cost. Application and information package attached.

Last Listed By

Aziz Seyal

William Raveis Real Estate License #REB.0758112 Listed on: 08/05/2022

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,225

Year Built

  • Built in 1993

Lot Details

  • 4,792

Home Design

  • 1,260 Sq Ft Home
  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Siding

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Driveway

Outdoor Features

  • Public Water Access
  • Shed

Schools

  • Roger Ludlowe Middle School
  • Fairfield Ludlowe High School

Utilities

  • Air Source Heat Pump
  • Heating System Uses Natural Gas

Additional Features

  • 4,792 Sq Ft Lot
  • Flood Zone Lot

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,225

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Neighborhood: Beach
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1260
  • Public Record Living Room Sq Ft: 1260
  • Total Sq Ft: 1260
  • Year Built: 1993
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1260
  • Directions: Post Road to 135 Granville
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Dryer
  • Attic: No
  • Street Number Modifier: 135

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Driveway
  • Driveway Type: Asphalt
  • Total Parking Spaces: 4

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Roger Ludlowe
  • High School: Fairfield Ludlowe

Lot Info

  • Acres: 0.1100
  • Lot Description: In Flood Zone
  • Flood Zone: No
  • Zoning: B

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 5225
  • Total Assessed Value: 191800
  • Mil Rate Base: 27.240
  • Mil Rate Total: 27.240
  • Assessor Parcel Number: 131264

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Roger Ludlowe
  • High School: Fairfield Ludlowe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Jan 31, 2023
Sold by
Qureshi Javaid I and Qureshi Rehana K
Bought by
Qureshi Shahbaz
Seller's Agent
Aziz Seyal
William Raveis Real Estate
Buyer's Agent
Aziz Seyal
William Raveis Real Estate
List Price
$339,000
Sold Price
$320,000
Premium/Discount to List
-$19,000
-5.6%
Total Days on Market
168
Views
307
Current Estimated Value
$509,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,458
Avg. Annual Appreciation
22.85%
Original Mortgage
$228,000
Outstanding Balance
$222,015
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$287,443

Purchase Details

Closed on
Nov 8, 2010
Sold by
Seyal Bilal and Waheed Aisha
Bought by
Qureshi Javaid I and Qureshi Rehana K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,927
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 17, 2008
Sold by
Seyal Rafay M
Bought by
Seyal Bilal and Waheed Aisha

Purchase Details

Closed on
Oct 21, 2003
Sold by
Killian Frank and Killian Debra E
Bought by
Seyal Rafay M

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
Qureshi Shahbaz $320,000 None Available
Qureshi Shahbaz $320,000 None Available
Qureshi Javaid I $189,000 --
Qureshi Javaid I $189,000 --
Seyal Bilal $174,000 --
Seyal Bilal $174,000 --
Seyal Rafay M $146,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qureshi Shahbaz $228,000
Closed Qureshi Shahbaz $228,000
Closed Qureshi Shahbaz $50,000
Closed Qureshi Shahbaz $30,000
Previous Owner Qureshi Javaid I $8,807
Previous Owner Killian Frank J $173,927
Previous Owner Killian Frank J $9,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2023 01/28/23 Sold $320,000 -5.6% $254 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
08/05/2022 08/05/22 For Sale $339,000 -- $269 / 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
2024 $5,351 $191,800 $140,210 $51,590
2023 $5,276 $191,800 $140,210 $51,590
2022 $5,225 $191,800 $140,210 $51,590
2021 $5,175 $191,800 $140,210 $51,590
2020 $3,811 $142,240 $86,800 $55,440
2019 $3,811 $142,240 $86,800 $55,440
2018 $3,749 $142,240 $86,800 $55,440
2017 $3,673 $142,240 $86,800 $55,440
2016 $3,620 $142,240 $86,800 $55,440
2015 $3,694 $149,030 $97,720 $51,310
2014 $3,636 $149,030 $97,720 $51,310
Source: Public Records

Agents Affiliated with this Home

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Source: SmartMLS

MLS Number: 170514285

SmartMLS

APN: FAIR-000180-000180-000002