NOT LISTED FOR SALE

18 Magee Ave Stamford, CT 06902

The Cove Neighborhood

Estimated Value: $562,000 - $1,350,864

5 Beds
3 Baths
2,357 Sq Ft
$456/Sq Ft Est. Value

Last Sold December 27, 2018

Last sale price $820,000 $348 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,932/month

1,638 Days on Market

Highlights

  • Walking Distance to Water
  • Porch
  • Baseboard Heating
  • 6 Car Detached Garage
  • Hot Water Circulator
  • Level Lot

About This Home

As of December 2018

Diverse and Unique Parcel of Commercial\Multi Family Property with Great Exposure and Location for All Types of Businesses.
One 3 Bedroom & Two 1 Bedroom Apartments with numerous updates.
Detached 1800 Sq. Ft. Commercial Building w\400 Amp electric service and MG Zoning. Currently being used
as a Woodworkers Shop.
Endless possibilities and Income potential.

Last Agent to Sell the Property

William Olsen

Halstead Real Estate License #RES.0751233 Listed on: 06/02/2014

Last Buyer's Agent

Adriana Diaz

Diaz Realty, LLC License #REB.0755490

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,380

Year Built

  • Built in 1950

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 2,357 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Car Detached Garage
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Porch

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,380

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Neighborhood: Shippan
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 2357
  • Public Record Living Room Sq Ft: 2357
  • Total Sq Ft: 2357
  • Year Built: 1950
  • Remarks Public Addendum: Money will be held in escrow for the removal of a small amount of asbestos on heating pipes in basement.
  • Property Sub Type: 3 Family
  • Public Record Gross Sq Ft: 3848
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full, Unfinished

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk To Water
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Off Street Parking
  • Garages Number: 6

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: In Basement
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

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

Multi Family

  • Unit Count: 3
  • Total Multi Family: 12
  • Total Num Of Units: 3
  • Total Unit Count: 3

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 11380
  • Mil Rate Base: 24.820
  • Mil Rate Tax District: 1.300
  • Assessor Parcel Number: 314551

MLS Schools

  • Middle Jr High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2022
Sold by
Diaz Insurance Inc
Bought by
18 Magee Ave Llc
Current Estimated Value
$1,074,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$542,558
Interest Rate
5.3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$531,908

Purchase Details

Listed on
Jun 2, 2014
Closed on
Dec 27, 2018
Sold by
Slesh Robert J and Slesh Lauraine A
Bought by
Diaz Insurance Inc
Seller's Agent
William Olsen
Halstead Real Estate
Buyer's Agent
Adriana Diaz
Diaz Realty, LLC
List Price
$950,000
Sold Price
$820,000
Premium/Discount to List
-$130,000
-13.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.97%

Purchase Details

Closed on
Sep 2, 1997
Sold by
Oshaughnessy Diane V and Briggs Peter S
Bought by
Astrom Evalena

Purchase Details

Closed on
Mar 2, 1979
Bought by
Slesh Lauraine A
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
18 Magee Ave Llc -- None Available
18 Magee Ave Llc -- None Available
18 Magee Ave Llc -- None Available
Diaz Insurance Inc $820,000 --
Diaz Insurance Inc $820,000 --
Diaz Insurance Inc $820,000 --
Astrom Evalena $295,000 --
Astrom Evalena $295,000 --
Slesh Lauraine A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 18 Magee Ave Llc $750,000
Closed 18 Magee Ave Llc $750,000
Previous Owner Slesh Lauraine A $417,000
Previous Owner Slesh Lauraine A $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2018 12/27/18 Sold $820,000 -2.3% $348 / Sq Ft
11/26/2018 11/26/18 Pending -- -- --
06/29/2018 06/29/18 Price Changed $839,000 -2.3% $356 / Sq Ft
06/05/2018 06/05/18 Price Changed $859,000 -2.3% $364 / Sq Ft
05/11/2018 05/11/18 Price Changed $879,000 -2.2% $373 / Sq Ft
11/11/2017 11/11/17 Price Changed $899,000 -5.4% $381 / Sq Ft
06/02/2014 06/02/14 For Sale $950,000 -- $403 / 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 $15,354 $641,890 $323,690 $318,200
2024 $14,995 $641,890 $323,690 $318,200
2023 $16,201 $641,890 $323,690 $318,200
2022 $12,296 $452,550 $208,770 $243,780
2021 $12,192 $452,550 $208,770 $243,780
2020 $11,925 $452,550 $208,770 $243,780
2019 $11,393 $432,370 $208,770 $223,600
2018 $11,038 $432,370 $208,770 $223,600
2017 $10,341 $384,570 $208,770 $175,800
2016 $10,045 $384,570 $208,770 $175,800
2015 $9,780 $384,570 $208,770 $175,800
2014 $9,533 $384,570 $208,770 $175,800
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2018

    William Olsen

    Halstead Real Estate

    Section Image
  • Adriana Diaz

    Buyer's Agent in 2018

    Adriana Diaz

    Diaz Realty, LLC

    (203) 866-8338

    1 Total Sale

    Adriana Diaz
    Section Image
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Map

Source: SmartMLS

MLS Number: 99067664

SmartMLS

APN: STAM-000000-000000-002172

Connecticut Fairfield County Stamford 06902 The Cove

18 Magee Ave, Stamford, CT

Not Listed for Sale

MultiFamily

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