NOT LISTED FOR SALE

Estimated Value: $1,258,000 - $1,479,000

0.5 Acre
$2,657,480 Price per Acre
21,780 Sq Ft Lot

Last Sold July 23, 2024

Last sale price $1,200,000 $450 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $8,781/month

83 Days on Market

Highlights

  • Waterfront
  • 0.5 Acre Lot
  • Property is near a bus stop
  • Brien Mcmahon High School Rated A-
  • Cul-De-Sac

About This Lot

As of July 2024

Unbelievable opportunity to own a gorgeous .50-acre waterfront dream lot. Multiple options for this highly sought after lot, custom build your own coastal masterpiece or purchase as an investment. Zoned for either a single-family home or a two-family duplex. Experience coastal living with either option and enjoy the peacefulness that living on the water brings. Public water and sewer available. Close to town, train, parks and entertainment. Only 49 miles to New York City. This lot is truly a rare find.

Last Agent to Sell the Property

Jackie Davis

William Raveis Real Estate License #RES.0794194 Listed on: 05/01/2024

William Raveis Real Estate

Last Buyer's Agent

Andrew Kilbourn

Five Mile Realty License #REB.0795304

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,638

Lot Details

  • 0.5 Acre Lot
  • Waterfront
  • Cul-De-Sac

Location

  • Property is near a bus stop
  • Property is near a golf course

Schools

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

Utilities

  • Gas Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 235293

Property Details

Property Type

Land

Est. Annual Taxes

$12,638

Lot Details

0

Listing Details

  • Neighborhood: South Norwalk
  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Basketball Court, Golf Course, Health Club, Playground/Tot Lot, Tennis Courts, Walk to Bus Lines
  • Property Sub Type: Residential Land
  • Direct Waterfront: Yes
  • Directions: Washington Street to Water Street to Quintard Avenue onto Lowndes, at end of street over looking the water.
  • Financing Used: Cash
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Street Number Modifier: 22

Exterior Features

  • Waterfront Description: L. I. Sound Frontage View
  • Road Frontage Description: Cul-De-Sac
  • Road Frontage Approximate: 174

Utilities

  • Water Source: Public Water In Street
  • Sewer: Public Sewer In Street
  • Utilities Available: Cable Available, Electric Available, Gas Available

Schools

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

Lot Info

  • Acres: 0.5
  • Lot Description: Corner Lot Level Lot Cleared Water View Open Lot
  • Lot Improvements: Approved Building Lot
  • Lots Number Of: 1
  • Zoning: C
  • Parcel #: 235293

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 12638
  • Total Assessed Value: 503770
  • Mil Rate Total: 22.66

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
May 1, 2024
Closed on
Jul 18, 2024
Sold by
22 Lowndes Avenue Llc
Bought by
Lowndes Ave Partners Llc
Seller's Agent
Jackie Davis
William Raveis Real Estate
Buyer's Agent
Andrew Kilbourn
Five Mile Realty
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Views
14
Current Estimated Value
$1,328,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,740
Avg. Annual Appreciation
9.53%

Purchase Details

Listed on
Aug 12, 2021
Closed on
Nov 1, 2021
Sold by
Watrouse Terry P and Watrouse Curtis J
Bought by
22 Lowndes Avenue Llc
Seller's Agent
Maggie Teed
Real Estate Marketing, LLC
Buyer's Agent
Maggie Teed
Real Estate Marketing, LLC
List Price
$2,270,000
Sold Price
$1,500,000
Premium/Discount to List
-$770,000
-33.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.85%
Original Mortgage
$750,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1979
Bought by
Watrouse Curtis J and Watrouse Terry P
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
Lowndes Ave Partners Llc $1,200,000 None Available
Lowndes Ave Partners Llc $1,200,000 None Available
Lowndes Ave Partners Llc $1,200,000 None Available
22 Lowndes Avenue Llc $1,500,000 None Available
22 Lowndes Avenue Llc $1,500,000 None Available
22 Lowndes Avenue Llc $1,500,000 None Available
Watrouse Curtis J $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 22 Lowndes Avenue Llc $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2024 07/23/24 Sold $1,200,000 -4.0% $450 / Sq Ft
05/01/2024 05/01/24 For Sale $1,250,000 -16.7% $469 / Sq Ft
11/01/2021 11/01/21 Sold $1,500,000 -25.0% $500 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
08/17/2021 08/17/21 Price Changed $1,999,000 -11.9% $666 / Sq Ft
08/12/2021 08/12/21 For Sale $2,270,000 -- $757 / 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 $19,168 $802,010 $802,010 $0
2024 $18,883 $802,010 $802,010 $0
2023 $12,638 $503,770 $503,770 $0
2022 $23,600 $961,510 $503,900 $457,610
2021 $23,040 $961,380 $503,770 $457,610
2020 $23,031 $961,380 $503,770 $457,610
2019 $22,415 $961,380 $503,770 $457,610
2018 $14,490 $544,650 $394,550 $150,100
2017 $13,988 $544,660 $394,550 $150,110
2016 $11,223 $441,170 $394,550 $46,620
2015 $11,180 $440,690 $394,550 $46,140
2014 $13,639 $544,650 $394,550 $150,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24019798

SmartMLS

APN: NORW-000002-000090-000010