NOT LISTED FOR SALE

151 Ely Ave Norwalk, CT 06854

South Norwalk Neighborhood

Estimated Value: $566,000 - $858,000

8 Beds
3 Baths
3,016 Sq Ft
$239/Sq Ft Est. Value

Sale Details

Date Sold: December 22, 2016

Last sale price $310,000 $103 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $4,826 / mo

79 Days on Market

Highlights

  • Property is near public transit
  • Attic
  • Porch
  • Finished Attic
  • Walking Distance to Water
  • Patio

About This Home

As of December 2016

Excellent opportunity to own a 3 family in Norwalk. This property offers a total of 14 rooms, 8 Bedrooms and 3 full bathrooms. The property is in need of TLC but has the potential to bring a great amount of cash flow. All separate utilities for each unit and plenty of parking space for occupants. Excellent for owner occupants or investors.

Last Agent to Sell the Property

Victor Bolanos

Bolanos & Associates LLC License #REB.0789114 Listed on: 10/04/2016

Co-Listed By

Victor Bolanos

Bolanos & Associates LLC License #RES.0798124

Last Buyer's Agent

Victor Bolanos

Bolanos & Associates LLC License #REB.0789114 Listed on: 10/04/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,455

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 3,016 Sq Ft Home
  • Finished Attic
  • Unfinished Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Porch

Location

  • Property is near public transit

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Recreation

  • Community Playground
  • Park

Additional Features

  • 3 Units
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,455

Year Built

Built in 1900

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Neighborhood: South Norwalk
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Sq Ft Est Heated Above Grade: 3016
  • Public Record Living Room Sq Ft: 3016
  • Total Sq Ft: 3016
  • Year Built: 1900
  • Nearby Amenities: Library, Park, Playground/Tot Lot, Public Transportation
  • Association Amenities: Park, Playground/Tot Lot
  • Remarks Public Addendum: This property is subject to First look program. First Look is typically the first 20 days a property is listed on www.HomePath.com. Fannie Mae's innovative First Look marketing period was created to promote homeownership and contribute to neighborhood sta
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4256
  • Directions: Dr. Martin Luther King Jr Dr to Ely Ave
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Finished
  • Basement Description: Unfinished
  • Attic: Yes

Exterior Features

  • Exterior Features: Patio, Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway, Paved

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.1000
  • Lot Description: Level Lot
  • Zoning: C

Multi Family

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

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 4455
  • Mil Rate Base: 22.940
  • Mil Rate Tax District: 2.500
  • Assessor Parcel Number: 234357

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2023
Sold by
Pine Partners Llc
Bought by
Ely Holdings Llc
Current Estimated Value
$762,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,370,000
Outstanding Balance
$1,335,409
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$614,742

Purchase Details

Listed on
Oct 4, 2016
Closed on
Dec 19, 2016
Sold by
Fnma
Bought by
Pine Partners Llc
Seller's Agent
Victor Bolanos
Bolanos & Associates LLC
Buyer's Agent
Victor Bolanos
Bolanos & Associates LLC
List Price
$289,900
Sold Price
$310,000
Premium/Discount to List
$20,100
6.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.50%

Purchase Details

Closed on
Jun 28, 2016
Sold by
Nationstar Mortgage Ll
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 23, 2010
Sold by
Telo Francoise and Telo Amos
Bought by
Tello Stevenson

Purchase Details

Closed on
Sep 27, 2000
Sold by
Telo Amos
Bought by
Telo Stevenson and Telo Francoise

Purchase Details

Closed on
Aug 31, 1998
Sold by
Bosch Erich and Bosch Ilene
Bought by
Telo Stevenson and Telo Francoise
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ely Holdings Llc $465,400 None Available
Ely Holdings Llc $465,400 None Available
Pine Partners Llc $310,000 --
Pine Partners Llc $310,000 --
Federal National Mortgage Association -- --
Federal National Mortgage Association -- --
Tello Stevenson -- --
Telo Stevenson -- --
Tello Stevenson -- --
Telo Stevenson $59,000 --
Telo Stevenson $59,000 --
Telo Stevenson $118,500 --
Telo Stevenson $118,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ely Holdings Llc $1,370,000
Closed Ely Holdings Llc $1,370,000
Previous Owner Telo Stevenson $140,000
Previous Owner Telo Stevenson $344,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2016 12/22/16 Sold $310,000 +6.9% $103 / Sq Ft
11/22/2016 11/22/16 Pending -- -- --
10/04/2016 10/04/16 For Sale $289,900 -- $96 / Sq Ft
Source: SmartMLS

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 $8,664 $362,500 $90,170 $272,330
2024 $8,535 $362,500 $90,170 $272,330
2023 $5,379 $214,410 $82,660 $131,750
2022 $5,263 $214,410 $82,660 $131,750
2021 $5,139 $214,410 $82,660 $131,750
2020 $5,136 $214,410 $82,660 $131,750
2019 $4,999 $214,410 $82,660 $131,750
2018 $4,659 $175,130 $84,790 $90,340
2017 $4,498 $175,130 $84,790 $90,340
2016 $4,455 $175,130 $84,790 $90,340
2015 $4,443 $175,130 $84,790 $90,340
2014 $4,385 $175,130 $84,790 $90,340
Source: Public Records

Agents Affiliated with this Home

  • Victor Bolanos

    Seller's Agent in 2016

    Victor Bolanos

    Bolanos & Associates LLC

    (203) 667-3094

    2 in this area

    84 Total Sales

    Victor Bolanos
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Map

Source: SmartMLS

MLS Number: 99162672

SmartMLS

APN: NORW-000002-000067-000001

Connecticut Fairfield County Norwalk 06854 South Norwalk

151 Ely Ave, Norwalk, CT

Not Listed for Sale

MultiFamily

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