$185,000
SOLD AUG 23, 2024

18 Prospect Ave Unit B6 Norwalk, CT 06850

Spring Hill Neighborhood
1 Bed
1 Bath
572 Sq Ft
$328/mo HOA Fee

Recently Sold

$323 Per Sq Ft

3% Below List Price

39 Days on Market

Highlights

  • Beach Access
  • Property is near public transit
  • Hot Water Circulator
  • Brien Mcmahon High School Rated A-
  • Public Transportation
  • Hot Water Heating System

About This Home

As of August 2024

Welcome to Prospect Gardens, Norwalk's most affordable property option! This investor-special comes with existing cash flow, featuring a tenant already in place with an impeccable payment history. This one-bedroom, one-bath condo is in excellent condition. Enter into the living room, which offers ample space for entertaining. The eat-in kitchen has plenty of room for a table and bar, as well as lots of cabinets and counter space compared to similar-sized condos. The primary bedroom is spacious and bright, with plenty of windows throughout the unit. There is one reserved parking spot and laundry facilities in the complex for owners. The driveway is in the process of being replaced. All of this is situated close to everything Norwalk has to offer-SONO Collection is down the road, the Norwalk River Valley Trail is less than half a mile away, and the Connector, Merritt Parkway, SONO, and the beach are all nearby. Come see this unit quickly before someone else gets it!

Last Agent to Sell the Property

Joe Balestriere

William Raveis Real Estate License #RES.0792559 Listed on: 06/21/2024

William Raveis Real Estate

Last Buyer's Agent

Angelo Maruca

Welcome Home Realty, LLC License #REB.0755129

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,987

Year Built

  • Built in 1967

HOA Fees

  • $328 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • 572 Sq Ft Home
  • Brick Exterior Construction
  • Frame Construction
  • Masonry Siding

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Additional Features

  • Beach Access
  • Lot Has A Rolling Slope

Listing and Financial Details

  • Assessor Parcel Number 229567

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, heat, hot water, water, sewer, property management, insurance
  • 54 Units
  • Property managed by Plaza Realty Management

Amenities

  • Public Transportation

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,987

Year Built

Built in 1967

Lot Details

0

HOA Fees

$328 per month

Listing Details

  • Neighborhood: Spring Hill
  • Property Type: Condo/Co-Op For Sale
  • Style: Apartment
  • Sq Ft Est Heated Above Grade: 572
  • Total Sq Ft: 572
  • Year Built: 1967
  • New Construction: No/Resale
  • Nearby Amenities: Park, Playground/Tot Lot, Public Transportation, Shopping/Mall
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Unit On Floor Number: 3
  • Directions: Use GPS, enter the complex and guest parking ('V') is at the top of the complex.
  • Financing Used: Withheld
  • In Law Apartment: No
  • Spec Assoc Asses: No
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: None
  • Appliances: Electric Range, Refrigerator, Dishwasher
  • Laundry Room Location: Laundry in Buildings A and C
  • Attic: No
  • Street Number Modifier: 18

Exterior Features

  • Exterior Siding: Brick
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame, Brick

Garage/Parking

  • Total Parking Spaces: 1
  • Garage And Parking: None, Assigned Parking

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Other
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Heat, Hot Water, Water, Sewer, Property Management, Insurance
  • Levels In Unit: 1
  • HOA Fees: 328
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Plaza Realty Management
  • Property Mgt Phone: (203) 359-4611
  • Total Number of Units In Complex: Prospect Garden

Schools

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

Lot Info

  • Lot Description: Rolling
  • Zoning: D
  • Parcel #: 229567

Rental Info

  • Pets Allowed Info: ASK
  • Pets Allowed: Restrictions

Multi Family

  • Total Number Of Units: 54

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 2987
  • Total Assessed Value: 128040
  • Mil Rate Total: 23.328

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
Jun 21, 2024
Closed on
Aug 21, 2024
Sold by
Melian Susan J
Bought by
David Mtri Hldg 2 Llc
Seller's Agent
Joe Balestriere
William Raveis Real Estate
Buyer's Agent
Angelo Maruca
Welcome Home Realty, LLC
List Price
$190,000
Sold Price
$185,000
Premium/Discount to List
-$5,000
-2.63%
Total Days on Market
39
Views
102
Current Estimated Value
$193,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,333
Avg. Annual Appreciation
5.89%

Purchase Details

Listed on
Oct 3, 2017
Closed on
Feb 22, 2018
Sold by
Chokshi Ashish and Chokshi Shilpa
Bought by
Ponce Nicolas and Melian Susan
Seller's Agent
Maria Martin
Maria Martin Realty
Buyer's Agent
Kurt Jain
NextHome Real Estate Services
List Price
$135,900
Sold Price
$130,500
Premium/Discount to List
-$5,400
-3.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%
Original Mortgage
$104,000
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2003
Sold by
Morann Janet E
Bought by
Chokshi Ashish D and Chokshi Shilp A

Purchase Details

Closed on
May 29, 1990
Sold by
Schaberg John
Bought by
Morann Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
10.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $185,000 None Available
Warranty Deed $185,000 None Available
Warranty Deed $185,000 None Available
Warranty Deed $130,500 --
Warranty Deed $130,500 --
Warranty Deed $92,250 --
Warranty Deed $92,250 --
Deed $84,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $700,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $40,700 Stand Alone Refi Refinance Of Original Loan
Previous Owner $104,000 Purchase Money Mortgage
Previous Owner $67,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $185,000 -2.6% $323 / Sq Ft
08/08/2024 08/08/24 Pending -- -- --
06/29/2024 06/29/24 For Sale $190,000 +45.6% $332 / Sq Ft
02/19/2018 02/19/18 Sold $130,500 -4.0% $228 / Sq Ft
12/11/2017 12/11/17 For Sale $135,900 +4.1% $238 / Sq Ft
12/01/2017 12/01/17 Off Market $130,500 -- --
11/17/2017 11/17/17 Price Changed $135,900 0.0% $238 / Sq Ft
11/17/2017 11/17/17 For Sale $135,900 +5.3% $238 / Sq Ft
11/05/2017 11/05/17 Pending -- -- --
10/03/2017 10/03/17 For Sale $129,000 0.0% $226 / Sq Ft
08/04/2016 08/04/16 Rented $1,300 0.0% --
08/04/2016 08/04/16 For Rent $1,300 +4.0% --
10/15/2015 10/15/15 Rented $1,250 -3.8% --
09/15/2015 09/15/15 Under Contract -- -- --
09/01/2015 09/01/15 For Rent $1,300 0.0% --
05/01/2014 05/01/14 Rented $1,300 0.0% --
04/01/2014 04/01/14 Under Contract -- -- --
03/21/2014 03/21/14 For Rent $1,300 +18.2% --
04/01/2013 04/01/13 Rented $1,100 0.0% --
04/01/2013 04/01/13 For Rent $1,100 +4.8% --
08/23/2012 08/23/12 Rented $1,050 0.0% --
07/24/2012 07/24/12 Under Contract -- -- --
06/15/2012 06/15/12 For Rent $1,050 -- --
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
2024 $2,987 $128,040 $0 $128,040
2023 $2,204 $88,540 $0 $88,540
2022 $2,163 $88,540 $0 $88,540
2021 $1,851 $88,540 $0 $88,540
2020 $2,083 $88,540 $0 $88,540
2019 $2,059 $88,540 $0 $88,540
2018 $2,216 $85,650 $0 $85,650
2017 $2,138 $85,650 $0 $85,650
2016 $2,179 $85,650 $0 $85,650
2015 $1,957 $85,650 $0 $85,650
2014 $2,145 $85,650 $0 $85,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24027060

SmartMLS

APN: NORW-000001-000018-000034-B000006