NOT LISTED FOR SALE

Estimated Value: $617,287 - $732,000

5 Beds
2 Baths
2,816 Sq Ft
$231/Sq Ft Est. Value

Last Sold May 21, 2020

Last sale price $370,000 $131 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,062/month

194 Days on Market

Highlights

  • Public Water Access
  • Property is near public transit
  • Attic
  • Mckinley Elementary School Rated A-
  • Finished Attic
  • No HOA

About This Home

As of May 2020

Builders & Investors Alert! Great opportunity to live in Fairfield and have your tenant help pay your living expenses. First floor rented for $1400/month, upper unit can be rented for $2100. Owner has upgraded mechanical: newer roof, gas furnace, hot water heater and electrical panel, newer windows. The 2nd and 3rd floors are owner-occupied with 3 BRs. One car detached garage, large, dry basement with plenty of storage. W/D in basement and hook-up in kitchen on 2nd floor. Large lot with .17 acres has ample off street parking. Possibility of expansion, addition or knock down. Build a SF house in the back or knock down and build 4 condo units subject to zoning approval. $30,000 Down payment and $2500 closing cost assistance available to qualified 1st time home buyers. Very close to Fairfield Metro train (.5 miles), grocery and retail shopping (.4 miles), I-95 and just a few minutes by car to Fairfield Town Center with many options for fine dining, retail shopping, recreational activities, places of worship and five public beaches. Enjoy all of Fairfield including our top-rated schools and 50 miles to NYC.

Last Agent to Sell the Property

Aziz Seyal

William Raveis Real Estate License #REB.0758112 Listed on: 10/05/2019

William Raveis Real Estate

Last Buyer's Agent

Juan Garcia

ARG Advisors License #REB.0755610

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,669

Year Built

  • Built in 1914

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Asphalt Shingled Roof
  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Attic

  • Walkup Attic
  • Finished Attic

Parking

  • 1 Car Detached Garage
  • Dirt Driveway

Outdoor Features

  • Public Water Access

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Schools

  • Mckinley Elementary School
  • Fairfield Woods Middle School
  • Fairfield Warde High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating
  • Baseboard Heating
  • Heating System Uses Gas
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,669

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2016
  • Public Record Living Room Sq Ft: 2016
  • Sq Ft Est Heated Below Grade: 800
  • Total Sq Ft: 2816
  • Year Built: 1914
  • Nearby Amenities: Medical Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Remarks Public Addendum: Great investment opportunity for builders or investors. Expand or remodel this 2 family house in a great, quiet neighborhood of Condo complexes to make it 3 or 4 family, or knock it down and build a condo complex of 4 units with zoning approval. first flo
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 3262
  • Tax Year Updated Dt: 10/05/2019
  • Directions: Kings Hwy East to Mason to Pierce
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up, Finished
  • Basement Description: Full, Unfinished
  • Laundry Room Location: Laundry in Basement for 2nd floor only!
  • Attic: Yes
  • Street Number Modifier: 20

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Water Community
  • Swimming Pool: No
  • Construction Description: Concrete

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1
  • Driveway Type: Crushed Stone, Dirt

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard, Gas on Gas, Hot Air, Zoned
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: McKinley
  • Middle School: Fairfield Woods
  • High School: Fairfield Warde

Lot Info

  • Acres: 0.1800
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: C

Multi Family

  • Unit Count: 2
  • Total Multi Family: 9
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 5669
  • Total Assessed Value: 211610
  • Mil Rate Base: 26.790
  • Mil Rate Total: 26.790
  • Assessor Parcel Number: 118660

MLS Schools

  • Elementary School: McKinley
  • Middle Jr High School: Fairfield Woods
  • High School: Fairfield Warde

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2019
Closed on
May 21, 2020
Sold by
Moussa Mokhtar
Bought by
Senatus Garry and Senatus Madeline
Seller's Agent
Aziz Seyal
William Raveis Real Estate
Buyer's Agent
Juan Garcia
ARG Advisors
List Price
$399,900
Sold Price
$370,000
Premium/Discount to List
-$29,900
-7.48%
Current Estimated Value
$651,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,822
Avg. Annual Appreciation
9.45%
Original Mortgage
$351,500
Outstanding Balance
$313,515
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$285,331

Purchase Details

Closed on
May 22, 2003
Sold by
Jakab Stephen D
Bought by
Moussa Makhtar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,400
Interest Rate
5.86%
Source: Public Records

Range of Values:

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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
Senatus Garry $370,000 None Available
Senatus Garry $370,000 None Available
Moussa Makhtar $292,000 --
Moussa Makhtar $292,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Senatus Garry $351,500
Closed Senatus Garry $351,500
Previous Owner Moussa Makhtar $72,000
Previous Owner Moussa Makhtar $325,000
Previous Owner Moussa Makhtar $277,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2020 05/21/20 Sold $370,000 -2.6% $131 / Sq Ft
04/16/2020 04/16/20 Pending -- -- --
01/08/2020 01/08/20 Price Changed $380,000 -4.8% $135 / Sq Ft
12/15/2019 12/15/19 Price Changed $399,000 -0.2% $142 / Sq Ft
10/05/2019 10/05/19 For Sale $399,900 -- $142 / 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 $7,073 $249,130 $162,750 $86,380
2024 $6,951 $249,130 $162,750 $86,380
2023 $6,854 $249,130 $162,750 $86,380
2022 $6,786 $249,130 $162,750 $86,380
2021 $6,722 $249,130 $162,750 $86,380
2020 $5,669 $211,610 $141,260 $70,350
2019 $5,669 $211,610 $141,260 $70,350
2018 $5,578 $211,610 $141,260 $70,350
2017 $5,464 $211,610 $141,260 $70,350
2016 $5,385 $211,610 $141,260 $70,350
2015 $5,062 $204,190 $147,000 $57,190
2014 $4,982 $204,190 $147,000 $57,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170242104

SmartMLS

APN: FAIR-000040-000000-000027