NOT LISTED FOR SALE

Estimated Value: $662,000 - $762,595

4 Beds
2 Baths
1,721 Sq Ft
$426/Sq Ft Est. Value

Last Sold June 06, 2024

Last sale price $702,000 $408 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,795/month

6 Days on Market

Highlights

  • Property is near public transit
  • Finished Attic
  • Hot Water Circulator
  • Brien Mcmahon High School Rated A-
  • Attic
  • Hot Water Heating System

About This Home

As of June 2024

HIGHEST AND BEST BY 3/26/2024 BY 5PM! Welcome to this WONDERFUL opportunity to own a well maintained duplex! Each unit features 2 beds, 1 bath and the added perk of laundry and storage area in the basement. There is a large 2-car garage that can be rented out for extra income as well! Additionally, the upstairs unit boasts a finished attic providing ample space for additional living/rec area. NEW OIL TANK 2022 and NEW FENCE 2024. Furthermore, the hot water heater and heating systems have been updated within the past 5 years. Roof is 10 yrs old with plenty of life. Tenants pay all utilities. Don't miss out on this fantastic opportunity to own a versatile and income-generating property! See it before its gone!

Last Agent to Sell the Property

Demetrios Dassouras

Coldwell Banker Realty License #RES.0819243 Listed on: 03/20/2024

Coldwell Banker Realty

Last Buyer's Agent

Tiffany Orue

The Agency License #RES.0823350

The Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,218

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,721 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Attic

  • Walkup Attic
  • Finished Attic

Parking

  • 2 Car Garage
  • Private Driveway

Location

  • Property is near public transit

Schools

  • Rowayton Elementary School
  • Roton Middle School
  • Brien Mcmahon High School

Utilities

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

Community Details

  • 2 Units
  • Gross Income $57,000

Listing and Financial Details

  • Assessor Parcel Number 235314

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,218

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: South Norwalk
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1721
  • Total Sq Ft: 1721
  • Year Built: 1920
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Commuter Bus, Health Club, Library, Medical Facilities, Paddle Tennis, Park, Playground/Tot Lot
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Directions: Water St straight to Quintard Ave. At end of street take a rigt on Lowndes. House on left.
  • Financing Used: Other
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Finished, Walk-up
  • Basement Description: Full
  • Laundry Room Location: Basement for both units to use
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 2
  • Other SqFt Description: Public records lists total living Sq.FT of 1,721 and gross basement Sq.Ft of 686

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Private, Paved
  • Total Parking Spaces: 4
  • Garage And Parking: Detached Garage, Off Street Parking, Driveway

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Other, 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Rowayton
  • Middle School: Roton
  • High School: Brien McMahon

Lot Info

  • Acres: 0.14
  • Lot Description: Level Lot
  • Zoning: C
  • Parcel #: 235314

Multi Family

  • Gross Annual Income: 57000
  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 8218
  • Total Assessed Value: 296040
  • Mil Rate Total: 25.08

MLS Schools

  • Elementary School: Rowayton
  • Middle Jr High School: Roton
  • High School: Brien McMahon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
May 29, 2024
Sold by
2 Lowndes Ave Llc
Bought by
Nelson Troy
Seller's Agent
Demetrios Dassouras
Coldwell Banker Realty
Buyer's Agent
Tiffany Orue
The Agency
List Price
$649,000
Sold Price
$702,000
Premium/Discount to List
$53,000
8.17%
Views
78
Current Estimated Value
$732,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,649
Avg. Annual Appreciation
3.59%
Original Mortgage
$561,600
Outstanding Balance
$555,601
Interest Rate
7.17%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$177,048

Purchase Details

Closed on
Nov 5, 2013
Sold by
Kokinos Athanasios
Bought by
Kokinos Athanasios

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,675
Interest Rate
4.52%

Purchase Details

Closed on
Dec 6, 2004
Sold by
Frate Ronald A and Frate Caroline J
Bought by
Tsiropoulos Athanasios

Purchase Details

Closed on
Jun 30, 1995
Sold by
Heitman Kjell and Olio Karen
Bought by
Markoe Caroline and Markoe Richard
Source: Public Records

Range of Values:

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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
Nelson Troy $702,000 None Available
Nelson Troy $702,000 None Available
Nelson Troy $702,000 None Available
Kokinos Athanasios -- --
Kokinos Athanasios -- --
Tsiropoulos Athanasios $434,000 --
Tsiropoulos Athanasios $434,000 --
Markoe Caroline $160,000 --
Markoe Caroline $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Troy $561,600
Closed Nelson Troy $561,600
Previous Owner Tsiropoulos Athanasios $386,250
Previous Owner Olio Karen $315,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 Sold $702,000 +8.2% $408 / Sq Ft
03/28/2024 03/28/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $649,000 0.0% $377 / Sq Ft
03/14/2012 03/14/12 Under Contract -- -- --
03/14/2012 03/14/12 Rented $1,100 -8.3% --
01/26/2012 01/26/12 For Rent $1,200 -- --
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 $9,636 $403,180 $157,250 $245,930
2024 $9,493 $403,180 $157,250 $245,930
2023 $7,426 $296,040 $134,530 $161,510
2022 $7,266 $296,010 $134,500 $161,510
2021 $7,096 $296,040 $134,530 $161,510
2020 $7,092 $296,040 $134,530 $161,510
2019 $6,902 $296,040 $134,530 $161,510
2018 $4,849 $182,250 $93,450 $88,800
2017 $4,681 $182,250 $93,450 $88,800
2016 $4,636 $182,250 $93,450 $88,800
2015 $4,624 $182,250 $93,450 $88,800
2014 $4,564 $182,250 $93,450 $88,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24004859

SmartMLS

APN: NORW-000002-000090-000003