NOT LISTED FOR SALE

Estimated Value: $542,669 - $580,000

4 Beds
2 Baths
1,564 Sq Ft
$359/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $350,000 $224 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,601/month

75 Days on Market

Highlights

  • Property is near public transit
  • Wetlands on Lot
  • No HOA
  • Mckinley Elementary School Rated A-
  • Attic
  • Thermal Windows

About This Home

As of December 2020

Excellent opportunity to own the most affordable, multi-family income property in Fairfield!!! Located on a quiet cul-de-sac, this two family home is conveniently close to I-95 and New York Metro train station for easy commuting. The first floor apartment features a newer kitchen, W/D, along w 2 BR and a heated front room used as a third BR. The second floor apartment features 2 BR and a W/D located in the basement w additional storage. Tenants are M to M. Take advantage of all that Fairfield has to offer including top-rated schools, shopping, restaurants, parks, trains, beaches and more all within 50 miles of NYC! Agent related to owner.

Last Agent to Sell the Property

Kevin Sullivan

Award Prop., Alexander Ward License #RES.0804596 Listed on: 10/06/2020

Last Buyer's Agent

Fredrick Lusi

BHGRE Shore & Country License #RES.0809322

BHGRE Shore & Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,011

Year Built

  • Built in 1939

Lot Details

  • 4,792 Sq Ft Lot
  • Cul-De-Sac
  • Level Lot

Home Design

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

Interior Spaces

  • 1,564 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Concrete Flooring
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • Driveway
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Wetlands on Lot
  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

  • Flood Zone Lot
  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Window Unit Cooling System
  • Radiator
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Additional Features

  • Public Transportation
  • Gross Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,011

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1564
  • Public Record Living Room Sq Ft: 1564
  • Total Sq Ft: 1564
  • Year Built: 1939
  • Nearby Amenities: Commuter Bus, Public Transportation, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 3404
  • Directions: Commerce Dr to Rutland Ave.
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full With Walk-Out, Unfinished, Concrete Floor, Storage
  • Laundry Room Location: Both units have private washer/dryer
  • Laundry Room Info: Washer/Dryer All Units
  • Attic: Yes
  • Street Number Modifier: 138

Exterior Features

  • Exterior Features: Gutters, Lighting, Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unpaved, Driveway, Off Street Parking
  • Driveway Type: Crushed Stone

Utilities

  • Cooling System: Ceiling Fans, Window Unit
  • Heat Type: Baseboard, Gas on Gas, Hot Water, Radiator
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Storm Doors, Storm Windows, Thermopane Windows

Lot Info

  • Acres: 0.1100
  • Lot Description: On Cul-De-Sac, Some Wetlands, Level Lot
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: B

Multi Family

  • Gross Annual Income: 27600
  • Unit Count: 2
  • Total Multi Family: 9
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 5011
  • Total Assessed Value: 187040
  • Mil Rate Base: 26.790
  • Mil Rate Total: 26.790
  • Assessor Parcel Number: 118625

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Dec 14, 2020
Sold by
Con Sul Assoc
Bought by
Lopez Jose A
Seller's Agent
Kevin Sullivan
Award Prop., Alexander Ward
Buyer's Agent
Fredrick Lusi
BHGRE Shore & Country
List Price
$359,999
Sold Price
$350,000
Premium/Discount to List
-$9,999
-2.78%
Current Estimated Value
$557,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,669
Avg. Annual Appreciation
10.49%
Original Mortgage
$262,500
Interest Rate
2.67%
Mortgage Type
Purchase Money Mortgage
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
Lopez Jose A $350,000 None Available
Lopez Jose A $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Jose A $262,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $350,000 -2.8% $224 / Sq Ft
12/20/2020 12/20/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $359,999 -- $230 / 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 $6,580 $231,770 $145,950 $85,820
2024 $6,466 $231,770 $145,950 $85,820
2023 $6,376 $231,770 $145,950 $85,820
2022 $6,313 $231,770 $145,950 $85,820
2021 $6,253 $231,770 $145,950 $85,820
2020 $5,011 $187,040 $126,630 $60,410
2019 $5,011 $187,040 $126,630 $60,410
2018 $4,930 $187,040 $126,630 $60,410
2017 $4,829 $187,040 $126,630 $60,410
2016 $4,760 $187,040 $126,630 $60,410
2015 $4,998 $201,600 $134,050 $67,550
2014 $4,919 $201,600 $134,050 $67,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170343561

SmartMLS

APN: FAIR-000038-000000-000043-A000000