NOT LISTED FOR SALE

Estimated Value: $664,878 - $880,000

5 Beds
3 Baths
2,870 Sq Ft
$267/Sq Ft Est. Value

Last Sold May 03, 2021

Last sale price $450,000 $157 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,690/month

23 Days on Market

Highlights

  • No HOA
  • Walking Distance to Water
  • Level Lot
  • Holland Hill Elementary Rated A
  • Baseboard Heating

About This Home

As of May 2021

Investors take notice, great potential in this 3 Family home. Excellent location, only .6 miles to the Fairfield Metro Train Station and .5 miles to the Ash creek open space/walking trail to the beach. 1st & 2nd floor units boast 5 rooms and over 1,100 square feet of living space and two bedrooms each. 3rd floor is a spacious one bedroom unit. Full basement. Ample off street parking. Sale is subject to probate court approval. Buyer/Buyers agent must conduct their own due diligence. No disclosures, Property in trust.

Last Agent to Sell the Property

John Silos

Munson Real Estate License #RES.0764397 Listed on: 09/21/2020

Last Buyer's Agent

Doug Munson

Munson Real Estate License #REB.0486960

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,853

Year Built

  • Built in 1918

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 2,870 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • Shared Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,853

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Neighborhood: Grasmere
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2870
  • Public Record Living Room Sq Ft: 2870
  • Total Sq Ft: 2870
  • Year Built: 1918
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 4688
  • Directions: Grasmere avenue to Ardmore.
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full
  • Laundry Room Location: None. Machines belong to tenant.
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Masonry, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water In Street
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.2300
  • Lot Description: Level Lot
  • Zoning: B

Multi Family

  • Unit Count: 3
  • Total Multi Family: 13
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 5853
  • Mil Rate Base: 26.790
  • Assessor Parcel Number: 126586

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
Sep 21, 2020
Closed on
May 3, 2021
Sold by
Nikolaos Evagelos T
Bought by
Ibrahim Faten
Seller's Agent
John Silos
Munson Real Estate
Buyer's Agent
Doug Munson
Munson Real Estate
List Price
$439,000
Sold Price
$450,000
Premium/Discount to List
$11,000
2.51%
Current Estimated Value
$764,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,970
Avg. Annual Appreciation
12.31%
Original Mortgage
$412,087
Outstanding Balance
$372,870
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$392,100
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ibrahim Faten $450,000 None Available
Ibrahim Faten $450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ibrahim Faten $412,087
Closed Ibrahim Faten $412,087
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2021 05/05/21 For Sale $439,000 -2.4% $153 / Sq Ft
05/03/2021 05/03/21 Sold $450,000 0.0% $157 / Sq Ft
10/09/2020 10/09/20 Off Market $450,000 -- --
09/21/2020 09/21/20 For Sale $439,000 0.0% $153 / Sq Ft
02/07/2012 02/07/12 For Rent $1,000 0.0% --
02/07/2012 02/07/12 Rented $1,000 -- --
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 $7,804 $274,890 $151,690 $123,200
2024 $7,669 $274,890 $151,690 $123,200
2023 $7,562 $274,890 $151,690 $123,200
2022 $7,488 $274,890 $151,690 $123,200
2021 $7,417 $274,890 $151,690 $123,200
2020 $5,853 $218,470 $131,670 $86,800
2019 $5,853 $218,470 $131,670 $86,800
2018 $5,759 $218,470 $131,670 $86,800
2017 $5,641 $218,470 $131,670 $86,800
2016 $5,560 $218,470 $131,670 $86,800
2015 $5,405 $218,050 $139,580 $78,470
2014 $5,320 $218,050 $139,580 $78,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170339307

SmartMLS

APN: FAIR-000128-000000-000023