NOT LISTED FOR SALE

2 Fairview Ave Norwalk, CT 06850

Spring Hill Neighborhood

Estimated Value: $889,000 - $935,000

6 Beds
5 Baths
4,173 Sq Ft
$220/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $620,000 $149 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,921/month

25 Days on Market

Highlights

  • Beach Access
  • City View
  • No HOA
  • Brien Mcmahon High School Rated A-
  • Deck
  • Porch

About This Home

As of September 2019

Beautiful remodeled 2 family unit (side by side) sitting on 0.16 acre. Ample parking in driveway.

Front unit has 3 beds, 2 full baths, and a porch. Rear (more spacious unit occupies 3 floors) has 3 beds, 3 full baths, deck, plus a bonus lower level room (walk out).

Tenants leases have expired and they are currently renting month to month. Rear Unit tenant has been in situ for 18 years and is very keen to stay.

Last Agent to Sell the Property

Fiona Porter

Keller Williams Realty License #RES.0798002 Listed on: 06/22/2019

Keller Williams Realty

Last Buyer's Agent

Cora Lynch-O'Meara

Brown Harris Stevens License #RES.0803479

Brown Harris Stevens

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,523

Year Built

  • Built in 1905

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Side-by-Side
  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • City Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Basement

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

Parking

  • Parking Deck
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Deck
  • Porch

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Propane
  • Hot Water Circulator

Listing and Financial Details

  • Exclusions: Per Smart MLS Inclusions/Exclusions Form

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $55,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,523

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2904
  • Public Record Living Room Sq Ft: 2749
  • Sq Ft Est Heated Below Grade: 1269
  • Total Sq Ft: 4173
  • Year Built: 1905
  • Property Sub Type: 2 Family
  • Exclusions: Per Smart MLS Inclusions/Exclusions Form
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5073
  • Tax Year Updated Dt: 09/09/2019
  • Directions: Van Buuren Ave, Maple Street to Fairview.
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement Description: Full, Full With Walk-Out
  • Laundry Room Location: Front Unit: Basement. Rear Unit: 2nd Flr
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No

Exterior Features

  • Exterior Features: Deck, Porch, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas, Propane
  • Hot Water Description: 40 Gallon Tank, 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1600
  • Lot Description: City Views
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: D

Multi Family

  • Gross Annual Income: 55200
  • Unit Count: 2
  • Total Multi Family: 17
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 7523
  • Mil Rate Base: 21.390
  • Mil Rate Tax District: 1.925
  • Assessor Parcel Number: 229602

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2019
Closed on
Sep 19, 2019
Sold by
2 Fairview Ave Llc
Bought by
Shahabi Alireza
Seller's Agent
Fiona Porter
Keller Williams Realty
Buyer's Agent
Cora Lynch-O'Meara
Brown Harris Stevens
List Price
$699,000
Sold Price
$620,000
Premium/Discount to List
-$79,000
-11.3%
Current Estimated Value
$917,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,141
Avg. Annual Appreciation
6.51%
Original Mortgage
$510,000
Outstanding Balance
$446,720
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$470,421

Purchase Details

Closed on
Mar 29, 2018
Sold by
Catino Teodoro
Bought by
2 Fairview Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,700
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2018
Sold by
Catino Joseph
Bought by
Catino Teodoro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,700
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 27, 2013
Closed on
Mar 5, 2014
Sold by
Catino Theodore
Bought by
Jung Stephan and Jung Heather
Seller's Agent
Edward Zislis
Higgins Group Real Estate
Buyer's Agent
Edward Zislis
Higgins Group Real Estate
List Price
$315,000
Sold Price
$297,000
Premium/Discount to List
-$18,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.07%

Purchase Details

Closed on
May 13, 1999
Sold by
Olofson Carolyn N
Bought by
Catino Teodoro N and Catino Joseph
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shahabi Alireza $620,000 --
Shahabi Alireza $620,000 --
2 Fairview Ave Llc -- --
2 Fairview Ave Llc -- --
Catino Teodoro -- --
Catino Teodoro -- --
Jung Stephan $297,500 --
Jung Stephan $297,500 --
Catino Teodoro N $162,500 --
Catino Teodoro N $162,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shahabi Alireza $510,000
Closed Shahabi Alireza $510,000
Previous Owner Catino Teodoro N $373,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2019 09/20/19 Sold $620,000 -11.3% $149 / Sq Ft
07/17/2019 07/17/19 Pending -- -- --
06/22/2019 06/22/19 For Sale $699,000 +135.4% $168 / Sq Ft
03/07/2014 03/07/14 Sold $297,000 -5.7% $71 / Sq Ft View Prior Sale
02/05/2014 02/05/14 Pending -- -- --
12/27/2013 12/27/13 For Sale $315,000 -- $75 / 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 $13,109 $548,500 $140,640 $407,860
2024 $12,914 $548,500 $140,640 $407,860
2023 $11,387 $453,920 $110,500 $343,420
2022 $11,141 $453,920 $110,500 $343,420
2021 $10,880 $453,920 $110,500 $343,420
2020 $10,874 $453,920 $110,500 $343,420
2019 $7,523 $322,680 $110,500 $212,180
2018 $6,327 $237,830 $121,030 $116,800
2017 $6,108 $237,830 $121,030 $116,800
2016 $6,050 $237,830 $121,030 $116,800
2015 $6,034 $237,830 $121,030 $116,800
2014 $5,956 $237,830 $121,030 $116,800
Source: Public Records

Agents Affiliated with this Home

  • Fiona Porter

    Seller's Agent in 2019

    Fiona Porter

    Keller Williams Realty

    (203) 434-0493

    1 in this area

    93 Total Sales

    Fiona Porter
    Section Image
  • Cora Lynch-O'Meara

    Buyer's Agent in 2019

    Cora Lynch-O'Meara

    Brown Harris Stevens

    (203) 561-3306

    1 in this area

    49 Total Sales

    Cora Lynch-O'Meara
    Section Image
  • Edward Zislis

    Seller's Agent in 2014

    Edward Zislis

    Higgins Group Real Estate

    (203) 550-0666

    1 in this area

    64 Total Sales

    Edward Zislis
    Section Image
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Map

Source: SmartMLS

MLS Number: 170202615

SmartMLS

APN: 1-18-8-0

Connecticut Fairfield County Norwalk 06850 Spring Hill

2 Fairview Ave, Norwalk, CT

Not Listed for Sale

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