NOT LISTED FOR SALE

Estimated Value: $869,000 - $948,000

5 Beds
3 Baths
2,730 Sq Ft
$332/Sq Ft Est. Value

Last Sold January 13, 2022

Last sale price $687,500 $252 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $6,083/month

63 Days on Market

Highlights

  • Beach Access
  • Finished Attic
  • Corner Lot
  • Property is near public transit
  • Attic
  • No HOA

About This Home

As of January 2022

Recently completely refurbished oversized 2 Family in East Norwalk. This multi family home has been completely updated with new electric, new plumbing, new windows, new bathrooms, foam insulation in the attic, new kitchens and appliances over the last few years. 1st floor apartment is 900SF and has 2 bedrooms and a full bath, kitchen with pass through to large dining room, living room and great front porch. 2nd floor apartment is approximately 1800SF and has 3 bedrooms and 2 full bathrooms, along with kitchen, dining room, living room, office and balcony spread over 2nd and 3rd floor. Both units feature hardwood floors, ceiling fans, and architectural details. Located close to Metro North, I95, Merritt Parkway, Sono mall and restaurants, beaches and more. CAP rate 6.85%.
Owner/Agent

Last Agent to Sell the Property

Jason Dolger

BHGRE Shore & Country License #RES.0806007 Listed on: 11/09/2021

BHGRE Shore & Country

Last Buyer's Agent

Valeria Alvarez

RE/MAX Right Choice License #RES.0820906

RE/MAX Right Choice

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,165

Year Built

  • Built in 1930

Lot Details

  • 5,663 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 2,730 Sq Ft Home
  • Ceiling Fan
  • Finished Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • Dirt Driveway
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Balcony
  • Porch

Location

  • Property is near public transit
  • Property is near shops

Schools

  • Marvin Elementary School
  • Nathan Hale Middle School
  • Norwalk High School

Utilities

  • Heating System Uses Gas
  • Gas Available at Street

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Additional Features

  • Public Transportation
  • Gross Income $60,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,165

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Neighborhood: East Norwalk
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2730
  • Public Record Living Room Sq Ft: 2730
  • Total Sq Ft: 2730
  • Year Built: 1930
  • Nearby Amenities: Basketball Court, Commuter Bus, Library, Medical Facilities, Playground/Tot Lot, Public Transportation, Shopping/Mall, Tennis Courts
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4700
  • Directions: East Avenue to St John to Edlie
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Finished, Heated
  • Basement Description: Full With Walk-Out, Unfinished
  • Laundry Room Info: Washer/Dryer All Units
  • Attic: Yes
  • Street Number Modifier: 16

Exterior Features

  • Exterior Features: Balcony, Porch
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Private, Dirt

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Gas on Gas, Hot Air
  • Heat Fuel Type: Gas In Street
  • Hot Water Description: 50 Gallon Tank, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Usage Fee Annual: 734

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Marvin
  • Middle School: Nathan Hale
  • High School: Norwalk

Lot Info

  • Acres: 0.1300
  • Lot Description: Corner Lot, Level Lot
  • Zoning: C

Multi Family

  • Gross Annual Income: 60600
  • Net Operating Income: 47900
  • Unit Count: 2
  • Total Multi Family: 14
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 7165
  • Total Assessed Value: 298904
  • Mil Rate Base: 20.910
  • Mil Rate Tax District: 3.060
  • Mil Rate Total: 23.970
  • Assessor Parcel Number: 235489

MLS Schools

  • Elementary School: Marvin
  • Middle Jr High School: Nathan Hale
  • High School: Norwalk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2021
Closed on
Jan 13, 2022
Sold by
15 Emerson Llc
Bought by
Vargas Miguel A
Seller's Agent
Jason Dolger
BHGRE Shore & Country
Buyer's Agent
Valeria Alvarez
RE/MAX Right Choice
List Price
$699,000
Sold Price
$687,500
Premium/Discount to List
-$11,500
-1.65%
Current Estimated Value
$906,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,465
Avg. Annual Appreciation
7.33%
Original Mortgage
$652,955
Outstanding Balance
$605,013
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$284,358

Purchase Details

Closed on
May 13, 2021
Sold by
Dolger Jason and Leonard Monica
Bought by
15 Emerson Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
2.8%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 10, 2017
Sold by
Aitoro Elizabeth
Bought by
Dolger Jason and Leonard Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 1989
Sold by
Palmieri Beatrice
Bought by
Cotaling Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
10.07%
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
Vargas Miguel A $687,500 None Available
Vargas Miguel A $687,500 None Available
15 Emerson Llc -- None Available
15 Emerson Llc -- None Available
Dolger Jason $335,000 --
Dolger Jason $335,000 --
Cotaling Fred $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Miguel A $652,955
Closed Vargas Miguel A $652,955
Previous Owner Dolger Jason $228,000
Previous Owner Cotaling Fred $251,250
Previous Owner Cotaling Fred $75,000
Previous Owner Cotaling Fred $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2022 01/13/22 Sold $687,500 -1.6% $252 / Sq Ft
01/11/2022 01/11/22 Pending -- -- --
11/09/2021 11/09/21 For Sale $699,000 -- $256 / 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 $13,810 $577,820 $168,470 $409,350
2024 $13,605 $577,820 $168,470 $409,350
2023 $7,498 $298,904 $101,923 $196,981
2022 $7,337 $298,904 $101,923 $196,981
2021 $7,164 $298,904 $101,923 $196,981
2020 $7,161 $298,904 $101,923 $196,981
2019 $6,969 $298,904 $101,923 $196,981
2018 $5,768 $216,790 $117,040 $99,750
2017 $5,568 $216,790 $117,040 $99,750
2016 $5,515 $216,790 $117,040 $99,750
2015 $5,500 $216,790 $117,040 $99,750
2014 $5,429 $216,790 $117,040 $99,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170451093

SmartMLS

APN: NORW-000003-000010-000020