NOT LISTED FOR SALE

Estimated Value: $1,612,060 - $1,887,000

6 Beds
8 Baths
4,517 Sq Ft
$378/Sq Ft Est. Value

Last Sold April 12, 2023

Last sale price $1,390,000 $308 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $10,860/month

174 Days on Market

Highlights

  • Beach Access
  • No HOA
  • Tankless Water Heater
  • 2 Fireplaces
  • 2 Car Attached Garage
  • Central Air

About This Home

As of April 2023

Fantastic investment opportunity. Modern 3 Bedroom Duplexes with 3.5 baths in each unit. Luxury building will certainly impress you with its custom craftsmanship and attention to detail. Energy-efficient building with LED lighting throughout. European thermal pane windows and spray foam insulation. Gas heat and central A/C. Gleaming oak hardwood floors throughout. Contemporary open floor plan with great flow. Kitchen with stainless steel appliances and Caesarstone countertops. The two units are mirror images of each other. Each unit has individual utility meters. Located just minutes away from sought after Cove Island beach and park with picnic areas, walking/running trails, playgrounds, tennis courts, ice rink and a marina overlooking Long Island sound. Easy access to I-95, Chelsea Piers, the train station and vibrant downtown Stamford. This home has exterior audio and video recording devices

Last Agent to Sell the Property

Bozena Tisch

Coldwell Banker Realty License #RES.0759502 Listed on: 09/21/2022

Coldwell Banker Realty

Last Buyer's Agent

Joe Arata

Berkshire Hathaway NE Prop. License #RES.0822952

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,207

Year Built

  • Built in 2013

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 4,517 Sq Ft Home
  • 2 Fireplaces
  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms

Outdoor Features

  • Beach Access
  • Walking Distance to Water

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $138,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,207

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Neighborhood: Cove
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 4517
  • Public Record Living Room Sq Ft: 4517
  • Total Sq Ft: 4517
  • Year Built: 2013
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5658
  • Directions: Cove Rd to 18 Euclid Ave
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 8.00
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Fireplaces: 2
  • Basement Description: Crawl Space
  • Laundry Room Location: In each unit
  • Laundry Room Info: Washer/Dryer All Units
  • Attic: No

Exterior Features

  • Exterior Siding: Cement Block
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2

Utilities

  • Cooling System: Central Air
  • Heat Type: Gas on Gas, Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1400
  • Lot Description: Level Lot
  • Zoning: R5

Multi Family

  • Gross Annual Income: 138600
  • Unit Count: 2
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 19207
  • Mil Rate Base: 26.330
  • Mil Rate Tax District: 0.840
  • Assessor Parcel Number: 333174

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
Sep 21, 2022
Closed on
Apr 10, 2023
Sold by
18 Euclid Ave Llc
Bought by
Baluch Farhan
Seller's Agent
Bozena Tisch
Coldwell Banker Realty
Buyer's Agent
Joe Arata
Berkshire Hathaway NE Prop.
List Price
$1,495,000
Sold Price
$1,390,000
Premium/Discount to List
-$105,000
-7.02%
Views
385
Current Estimated Value
$1,708,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,015
Avg. Annual Appreciation
8.08%
Original Mortgage
$834,000
Outstanding Balance
$805,506
Interest Rate
5.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$902,509
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
Baluch Farhan $1,390,000 None Available
Baluch Farhan $1,390,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baluch Farhan $834,000
Closed Baluch Farhan $834,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2023 04/12/23 Sold $1,390,000 -6.4% $308 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
01/17/2023 01/17/23 Price Changed $1,485,000 -0.7% $329 / Sq Ft
09/21/2022 09/21/22 For Sale $1,495,000 -- $331 / 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 $22,502 $940,700 $207,770 $732,930
2024 $21,975 $940,700 $207,770 $732,930
2023 $23,743 $940,700 $207,770 $732,930
2022 $19,207 $706,910 $150,580 $556,330
2021 $19,044 $706,910 $150,580 $556,330
2020 $18,627 $706,910 $150,580 $556,330
2019 $18,627 $706,910 $150,580 $556,330
2018 $18,047 $706,910 $150,580 $556,330
2017 $14,476 $538,350 $123,420 $414,930
2016 $12,410 $475,120 $119,570 $355,550
2015 $12,082 $475,120 $119,570 $355,550
2014 $2,964 $119,570 $119,570 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170525115

SmartMLS

APN: STAM-000002-000000-003207