NOT LISTED FOR SALE

227 Ely Ave Norwalk, CT 06854

South Norwalk Neighborhood
8 Beds
4 Baths
3,108 Sq Ft
4,792 Sq Ft Lot

Last Sold October 23, 2024

Last sale price $985,000 $317 Per Sq Ft

9 Days on Market

Highlights

  • Hot Water Circulator
  • Coin Laundry
  • Level Lot
  • Hot Water Heating System

About This Home

As of October 2024

Investors take Notice! Legal 4 Family in South Norwalk. 3 Family Main House and a 2 BR Cottage Located at the Back of the Property. 8 BRs in Total with Updated Kitchens and Baths. New Hot Water Heaters and Mechanicals. Coin Operated Washer & Dryer in the Basement. Rental Amounts Currently Below Market Value.

Last Agent to Sell the Property

Joseph Perun

Perun Properties License #REB.0789254 Listed on: 10/09/2024

Last Buyer's Agent

Justin Currytto

BHGRE Shore & Country License #RES.0795274

BHGRE Shore & Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,086

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 3,108 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 5 Parking Spaces
  • Driveway

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

  • 4 Units
  • Coin Laundry
  • Gross Income $80,400

Listing and Financial Details

  • Assessor Parcel Number 254450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,086

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: 4updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3108
  • Total Sq Ft: 3108
  • Year Built: 1910
  • New Construction: No/Resale
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Directions: MLK Blvd to Knapp. Property is at the intersection of Knapp and Ely
  • Financing Used: Cash
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Basement Description: Full
  • Laundry Room Location: Lower Level
  • Laundry Room Info: Coin Op Laundry, Common Laundry Area
  • Attic: No

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame, Concrete

Garage/Parking

  • Driveway Type: Paved
  • Total Parking Spaces: 5
  • Garage And Parking: None, Paved, Parking Lot, Driveway

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Other
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.11
  • Lot Description: Level Lot
  • Zoning: C
  • Parcel #: 254450

Multi Family

  • Gross Annual Income: 80400
  • Total Number Of Units: 4

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 12086

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2024 10/23/24 Sold $985,000 -1.5% $317 / Sq Ft
10/18/2024 10/18/24 Pending -- -- --
10/09/2024 10/09/24 For Sale $999,900 +75.4% $322 / Sq Ft
03/13/2017 03/13/17 Sold $570,000 -7.8% $183 / Sq Ft View Prior Sale
02/24/2017 02/24/17 Pending -- -- --
12/01/2016 12/01/16 For Sale $618,000 -- $199 / 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 $12,268 $512,300 $101,350 $410,950
2024 $12,086 $512,300 $101,350 $410,950
2023 $9,058 $360,020 $92,900 $267,120
2022 $8,890 $360,020 $92,900 $267,120
2021 $8,658 $360,020 $92,900 $267,120
2020 $8,654 $360,020 $92,900 $267,120
2019 $8,412 $360,020 $92,900 $267,120
2018 $7,113 $266,790 $90,300 $176,490
2017 $6,869 $266,790 $90,300 $176,490
2016 $3,550 $139,200 $90,300 $48,900
2015 $3,534 $138,960 $90,300 $48,660
2014 $6,696 $266,790 $90,300 $176,490
Source: Public Records

Agents Affiliated with this Home

  • Joseph Perun

    Seller's Agent in 2024

    Joseph Perun

    Perun Properties

    (203) 313-5197

    1 in this area

    64 Total Sales

    Joseph Perun
    Section Image

  • J

    Buyer's Agent in 2024

    Justin Currytto

    BHGRE Shore & Country

    (203) 253-7477

    3 in this area

    23 Total Sales

    Justin Currytto
    Section Image

  • L

    Seller's Agent in 2017

    Linnea McManus

    Coldwell Banker Realty

    Section Image
  • Patty McManus

    Buyer's Agent in 2017

    Patty McManus

    William Pitt

    (203) 733-3941

    70 Total Sales

    Patty McManus
    Section Image
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Map

Source: SmartMLS

MLS Number: 24029564

SmartMLS
Connecticut Fairfield County Norwalk 06854 South Norwalk

227 Ely Ave, Norwalk, CT

Not Listed for Sale

MultiFamily

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