NOT LISTED FOR SALE

The Metropolitan 1515 Summer St Unit 703 Stamford, CT 06905

Downtown Stamford Neighborhood

Estimated Value: $653,000 - $730,000

2 Beds
2 Baths
1,561 Sq Ft
$1,150/mo HOA Fee

Last Sold March 18, 2022

Last sale price $498,000 $319 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,487/month

33 Days on Market

Highlights

  • Beach Access
  • Penthouse
  • Property is near public transit
  • Wine Cellar
  • City View
  • Home Gym

About This Home

As of March 2022

Welcome to the Penthouse in The Metropolitan. Pristine, updated, and packed with amenities in the heart of vibrant downtown Stamford makes this a ultra desirable option for the active owner on the go. This top-floor, west-facing PH unit features 2 bedrooms both en-suite, updated gourmet kitchen, a home office, open living space with 12' high ceilings and filled with natural light. Picture-perfect sunsets will end your day with beauty and calm. The Metropolitan is a popular, pet-friendly, full-service community in the heart of exciting mid-city Stamford. Residents enjoy a fitness center, doorman/concierge service, wine cellars & club-room for entertaining and covered parking. Steps to restaurants, theaters, shops & libraries, minutes to the downtown train station and convenient to either I-95 or Merritt Parkway make this an ideal location.

Last Agent to Sell the Property

Todd David Miller

William Raveis Real Estate License #RES.0795031 Listed on: 01/27/2022

William Raveis Real Estate

Co-Listed By

Cliff Smith

The Agency License #REB.0793363

Last Buyer's Agent

Maria Evans

M Evans Properties LLC License #REB.0795259

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,095

Year Built

  • Built in 1968

HOA Fees

  • $1,150 Monthly HOA Fees

Home Design

  • Penthouse
  • Concrete Siding
  • Stucco Exterior

Interior Spaces

  • 1,561 Sq Ft Home
  • Wine Cellar
  • Home Gym
  • City Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Guest Parking
  • Visitor Parking

Outdoor Features

  • Beach Access

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a golf course

Schools

  • Davenport Ridge Elementary School
  • Westhill High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include front desk receptionist, grounds maintenance, trash pickup, snow removal, water, sewer, property management, insurance
  • 40 Units
  • The Metropolitan Community
  • Property managed by Sequoia Management Co

Amenities

  • Public Transportation
  • Elevator

Recreation

  • Exercise Course

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,095

Year Built

Built in 1968

Lot Details

0

HOA Fees

$1,150 per month

Listing Details

  • Neighborhood: Mid City
  • Property Type: Condo/Co-Op For Sale
  • Style: Penthouse
  • Sq Ft Est Heated Above Grade: 1561
  • Public Record Living Room Sq Ft: 1561
  • Total Sq Ft: 1561
  • Year Built: 1968
  • Nearby Amenities: Commuter Bus, Golf Course, Health Club, Medical Facilities, Park, Public Transportation, Shopping/Mall
  • Association Amenities: Elevator, Exercise Room/Health Club, Guest Parking
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1561
  • Directions: Summer Street left onto 2nd Street and parking garage entrance is on your right. Bedford Street Left onto 2nd Street and parking garage is on your left.
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Gas Range, Microwave, Refrigerator, Dishwasher, Disposal, Washer, Dryer
  • Additional Rooms: Gym, Wine Cellar
  • Laundry Room Location: In Unit
  • Laundry Room Info: Main Level
  • Attic: No

Exterior Features

  • Exterior Siding: Stucco
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: Concrete

Garage/Parking

  • Garage Parking Info: Covered Garage, Assigned Parking, Parking Garage
  • Garages Number: 2

Utilities

  • Cooling System: Central Air
  • 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

  • Association Fee Includes: Front Desk Receptionist, Grounds Maintenance, Trash Pickup, Snow Removal, Water, Sewer, Property Management, Insurance
  • Complex Name: The Metropolitan
  • HOA Fees: 1150
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Manager Email: kris@sequoiaproperty.com
  • Property Manager Name: Kris Waters
  • Property Mgt Company Name: Sequoia Management Co

Lot Info

  • Lot Description: City Views, Level Lot
  • Zoning: MXD

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 12095
  • Mil Rate Base: 25.970
  • Mil Rate Tax District: 0.970
  • Assessor Parcel Number: 2562390

Multi Family

  • Total Num Of Units: 40

MLS Schools

  • Elementary School: Davenport Ridge
  • High School: Westhill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
Mar 18, 2022
Sold by
Ciocca David L
Bought by
Santin Fabiano
Seller's Agent
Todd David Miller
William Raveis Real Estate
Buyer's Agent
Maria Evans
M Evans Properties LLC
List Price
$524,900
Sold Price
$498,000
Premium/Discount to List
-$26,900
-5.12%
Current Estimated Value
$678,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,313
Avg. Annual Appreciation
8.64%
Original Mortgage
$398,400
Outstanding Balance
$369,239
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$309,074

Purchase Details

Closed on
Oct 30, 2007
Sold by
1St Summer Dev Llc
Bought by
Ciocca David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,500
Interest Rate
6.37%
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
Santin Fabiano $498,000 None Available
Ciocca David L $811,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santin Fabiano $398,400
Previous Owner Ciocca David L $498,000
Previous Owner Ciocca David L $549,500
Previous Owner Ciocca David L $567,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2022 03/18/22 Sold $498,000 0.0% $319 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
02/17/2022 02/17/22 Price Changed $498,000 -5.1% $319 / Sq Ft
01/27/2022 01/27/22 For Sale $524,900 0.0% $336 / Sq Ft
07/25/2016 07/25/16 Rented $3,200 0.0% --
06/25/2016 06/25/16 Under Contract -- -- --
06/14/2016 06/14/16 For Rent $3,200 -- --
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 $9,230 $385,850 $0 $385,850
2024 $9,013 $385,850 $0 $385,850
2023 $9,739 $385,850 $0 $385,850
2022 $12,199 $448,970 $0 $448,970
2021 $12,095 $448,970 $0 $448,970
2020 $11,830 $448,970 $0 $448,970
2019 $11,830 $448,970 $0 $448,970
2018 $11,462 $448,970 $0 $448,970
2017 $10,410 $387,140 $0 $387,140
2016 $10,112 $387,140 $0 $387,140
2015 $9,845 $387,140 $0 $387,140
2014 $9,597 $387,140 $0 $387,140
Source: Public Records

Agents Affiliated with this Home

  • Todd David Miller

    Seller's Agent in 2022

    Todd David Miller

    William Raveis Real Estate

    (866) 371-6468

    1 in this area

    38 Total Sales

    Todd David Miller
    Section Image

  • C

    Seller Co-Listing Agent in 2022

    Cliff Smith

    The Agency

    Section Image

  • M

    Buyer's Agent in 2022

    Maria Evans

    M Evans Properties LLC

    (203) 241-5196

    1 in this area

    36 Total Sales

    Maria Evans
    Section Image
  • Aaron Ramkalawan

    Seller's Agent in 2016

    Aaron Ramkalawan

    Keller Williams Prestige Prop.

    (203) 327-6700

    6 in this area

    82 Total Sales

    Aaron Ramkalawan
    Section Image
  • Lisa Gomberg

    Buyer's Agent in 2016

    Lisa Gomberg

    Keller Williams Prestige Prop.

    (203) 247-0880

    4 in this area

    78 Total Sales

    Lisa Gomberg
    Section Image
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About The Metropolitan

Map

Source: SmartMLS

MLS Number: 170463439

SmartMLS

APN: STAM-000004-000000-004485-UT000703

Connecticut Fairfield County Stamford 06902 Downtown Stamford

1515 Summer St Unit 703, Stamford, CT

Not Listed for Sale

Condos

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