NOT LISTED FOR SALE

Estimated Value: $1,218,000 - $1,277,000

8 Beds
4 Baths
2,961 Sq Ft
$425/Sq Ft Est. Value

Last Sold December 04, 2024

Last sale price $1,250,000 $422 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $7,708/month

69 Days on Market

Highlights

  • Property is near public transit
  • Thermal Windows
  • Covered Deck
  • King's Highway Elementary School Rated A+
  • Porch
  • Public Transportation

About This Home

As of December 2024

Seize the opportunity to own a meticulously maintained three-family property nestled in the highly sought-after Saugatuck area of Westport. This location is rich with amenities and attractions, including proximity to the Metro North train station, renowned local dining spots, and a variety of outdoor activities along the scenic Saugatuck River. This spacious property, ideally situated in Westport, presents an outstanding investment opportunity, particularly valuable given the current low housing inventory. Upon arrival, you'll discover three generously sized and fully self-sufficient units: two in the main building and one adjacent unit. Each unit features ample living space and plentiful storage. Modern appliances and ample counter space adorn the well-equipped kitchens, while the bedrooms ensure privacy and comfort. Don't let this chance slip by to own this multifamily property, offering residents the vibrant downtown atmosphere and all Westport's amenities.

Last Listed By

Julie Walsh

Coldwell Banker Realty License #RES.0792938 Listed on: 07/15/2024

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,859

Year Built

  • Built in 1900

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot
  • Garden

Home Design

  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Ridge Vents on the Roof
  • Vinyl Siding

Interior Spaces

  • 2,961 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Unfinished Basement
  • Crawl Space
  • Smart Thermostat

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Private Driveway

Outdoor Features

  • Covered Deck
  • Shed
  • Rain Gutters
  • Porch

Location

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

Schools

  • Kings Highway Elementary School
  • Coleytown Middle School
  • Staples High School

Utilities

  • Central Air
  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • 60 Gallon+ Oil Water Heater
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Community Details

  • 3 Units
  • Public Transportation
  • Gross Income $87,600

Listing and Financial Details

  • Exclusions: Refer to inclusion-Exclusion document
  • Assessor Parcel Number 416797

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,859

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Saugatuck
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2961
  • Total Sq Ft: 2961
  • Year Built: 1900
  • New Construction: No/Resale
  • Nearby Amenities: Commuter Bus, Library, Medical Facilities, Park, Public Rec Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Remarks Public Addendum: Seize the opportunity to own a meticulously maintained three-family property nestled in the highly sought-after Saugatuck area of Westport. This location is rich with amenities and attractions, including proximity to the Metro North train station, renowned local dining spots, and a variety of outdoor activities along the scenic Saugatuck River. This spacious property, ideally situated in Westport, presents an outstanding investment opportunity, particularly valuable given the current low housing inventory. Upon arrival, you'll discover three generously sized and fully self-sufficient units: two in the main building and one adjacent unit. Each unit features ample living space and plentiful storage. Modern appliances and ample counter space adorn the well-equipped kitchens, while the bedrooms ensure privacy and comfort. Don't let this chance slip by to own this multifamily property, offering residents the vibrant downtown atmosphere and all Westport's amenities.
  • Property Sub Type: 3 Family
  • Exclusions: Refer to inclusion-Exclusion document
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: I-95 to exit 17. Turn onto Saugatuck Ave. Turn onto Ferry Ln West. Turn left onto Indian Hill Rd.Turn right onto Davenport Ave. House on the right.
  • Financing Used: Conventional Fixed
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Basement Description: Crawl Space, Unfinished
  • Laundry Room Location: In each unit
  • Laundry Room Info: Washer/Dryer All Units
  • Attic: No
  • Home Automation: Thermostat(s)
  • Street Number Modifier: 22
  • Other SqFt Description: Each unit has different sq ft. Refer to floor plan.

Exterior Features

  • Exterior Features: Shed, Porch, Gutters, Garden Area, Covered Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Private, Paved
  • Total Parking Spaces: 4
  • Garage And Parking: None, Paved, Off Street Parking, Driveway

Utilities

  • Cooling System: Ceiling Fans, Central Air, Window Unit
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil, Propane
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil, 65 Gallon Tank, 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Kings Highway
  • Middle School: Coleytown
  • High School: Staples

Green Features

  • Energy Features: Ridge Vents, Thermopane Windows

Lot Info

  • Acres: 0.24
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: B
  • Parcel #: 416797

Multi Family

  • Gross Annual Income: 87600
  • Total Number Of Units: 3

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 8859
  • Total Assessed Value: 475800
  • Mil Rate Total: 18.62

MLS Schools

  • Elementary School: Kings Highway
  • Middle Jr High School: Coleytown
  • High School: Staples

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Dec 2, 2024
Sold by
Lin Zheng M and Zheng Songfang
Bought by
Mahmuti Veton and Haraqui Ermira
Seller's Agent
Julie Walsh
Coldwell Banker Realty
Buyer's Agent
Michael Gifford
Rhumb Realty LLC
List Price
$1,250,000
Sold Price
$1,250,000
Total Days on Market
69
Views
43
Current Estimated Value
$1,257,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,118
Avg. Annual Appreciation
-1.02%
Original Mortgage
$926,250
Outstanding Balance
$922,834
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$321,792

Purchase Details

Closed on
Apr 4, 2022
Sold by
22 Davenport Llc
Bought by
Lin Zheng M and Zheng Songfang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$723,750
Interest Rate
4.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2021
Sold by
Mcdonald Linda J and John Crammer
Bought by
Ljj Properties Llc

Purchase Details

Closed on
Oct 30, 2015
Sold by
Letso Suzanne and Linda Cranmer
Bought by
John Benvenuto Spray T and John Mcdonald

Purchase Details

Closed on
Jun 30, 2014
Sold by
Emil V Benvenuto Qprt V and Emil Mcdonald
Bought by
Linda J Benvenuto Spra J and Linda Mcdonald

Purchase Details

Closed on
Jun 18, 2013
Sold by
J J D P Llc
Bought by
Emil V Benvenuto Qprt V and Emil Mccann

Purchase Details

Closed on
Jul 7, 2011
Sold by
Rizzi James B and Rizzi John
Bought by
Jjdp Llc

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
Mahmuti Veton $1,250,000 None Available
Mahmuti Veton $1,250,000 None Available
Mahmuti Veton $1,250,000 None Available
Lin Zheng M $965,000 None Available
Lin Zheng M $965,000 None Available
Lin Zheng M $965,000 None Available
Ljj Properties Llc -- None Available
Ljj Properties Llc -- None Available
Ljj Properties Llc -- None Available
Ljj Properties Llc -- None Available
Ljj Properties Llc -- None Available
John Benvenuto Spray T $205,000 --
Mcdonald Linda J -- --
Mcdonald Linda J -- --
John Benvenuto Spray T $205,000 --
John Benvenuto Spray T $205,000 --
Linda J Benvenuto Spra J -- --
Spra Linda J Benvenuto -- --
Qprt Emil V Benvenuto -- --
Emil V Benvenuto Qprt V $59,000 --
Qprt Emil V Benvenuto $59,000 --
Jjdp Llc -- --
Jjdp Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahmuti Veton $926,250
Closed Mahmuti Veton $926,250
Previous Owner Lin Zheng M $723,750
Previous Owner 22 Davenport Llc $592,000
Previous Owner Rizzi James $200,000
Previous Owner Rizzi James $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2024 12/04/24 Sold $1,250,000 0.0% $422 / Sq Ft
09/22/2024 09/22/24 Pending -- -- --
09/20/2024 09/20/24 Price Changed $1,250,000 0.0% $422 / Sq Ft
09/20/2024 09/20/24 For Sale $1,250,000 -9.7% $422 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
07/15/2024 07/15/24 For Sale $1,385,000 +87.2% $468 / Sq Ft
08/27/2021 08/27/21 Sold $740,000 +7.4% $250 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $689,000 0.0% $233 / Sq Ft
02/22/2013 02/22/13 Rented $1,400 -3.4% --
01/23/2013 01/23/13 Under Contract -- -- --
01/07/2013 01/07/13 For Rent $1,450 -- --
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 $8,859 $475,800 $199,900 $275,900
2023 $8,731 $475,800 $199,900 $275,900
2022 $6,028 $333,600 $199,900 $133,700
2021 $6,028 $333,600 $199,900 $133,700
2020 $5,322 $322,500 $200,900 $121,600
2019 $5,437 $322,500 $200,900 $121,600
2018 $5,437 $322,500 $200,900 $121,600
2017 $5,437 $322,500 $200,900 $121,600
2016 $5,437 $322,500 $200,900 $121,600
2015 $7,082 $391,500 $161,800 $229,700
2014 $7,024 $391,500 $161,800 $229,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24032523

SmartMLS

APN: WPOR-000005B-000000-000078