NOT LISTED FOR SALE

228 Ely Ave Norwalk, CT 06854

South Norwalk Neighborhood

Estimated Value: $652,000 - $788,558

8 Beds
3 Baths
3,117 Sq Ft
$240/Sq Ft Est. Value

Last Sold November 03, 2017

Last sale price $479,000 $154 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,712/month

46 Days on Market

Highlights

  • Deck
  • No HOA
  • Zoned Heating
  • Corner Lot
  • 2 Car Detached Garage
  • Concrete Flooring

About This Home

As of November 2017

This is A LOT of house with BIG potential. Well-sited 2 family home on high corner lot. 8 bedrooms/3 Baths. 1st and 3rd floor are one unit. 2nd floor is 2nd unit. Finished unit behind 2 car garage is not a legal apartment but rather an office/gym/recreation space. Gas Heat! Generator! All systems separate per unit, updated and with basement sprinkler system. Security cameras throughout property included. Property is eligible for special CHFA financing for owner occupant. 2 car garage + 2 additional spots.

Last Agent to Sell the Property

Linnea McManus

Coldwell Banker Realty License #RES.0769297 Listed on: 09/01/2017

Coldwell Banker Realty

Last Buyer's Agent

Waldde Valdez

Modern Day Real Estate License #REB.0792416

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,166

Year Built

  • Built in 1880

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot
  • Sloped Lot

Home Design

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

Interior Spaces

  • Concrete Flooring
  • Walkup Attic

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Storage

Parking

  • 2 Car Detached Garage
  • Parking Deck
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • Zoned Heating
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,166

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Neighborhood: South Norwalk
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2311
  • Public Record Living Room Sq Ft: 2311
  • Sq Ft Est Heated Below Grade: 806
  • Total Sq Ft: 3117
  • Year Built: 1880
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 3474
  • Directions: MLK Blvd to Knapp. Corner of Knapp and Ely. Park in driveway. No street parking in front of house.
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Walk-up
  • Basement Description: Full With Walk-Out, Concrete Floor, Interior Access, Storage
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Off Street Parking
  • Garages Number: 2

Utilities

  • Heat Type: Gas on Gas, Zoned
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1400
  • Lot Description: Corner Lot, Sloping Lot
  • Zoning: D

Multi Family

  • Unit Count: 2
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 5166
  • Mil Rate Base: 23.310
  • Mil Rate Tax District: 2.436
  • Assessor Parcel Number: 254219

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 1, 2017
Closed on
Nov 9, 2017
Sold by
Nieves Gilberto
Bought by
Morales Elma and Morales Ana
Seller's Agent
Linnea McManus
Coldwell Banker Realty
Buyer's Agent
Waldde Valdez
Modern Day Real Estate
List Price
$479,000
Sold Price
$479,000
Current Estimated Value
$748,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,890
Avg. Annual Appreciation
5.59%
Original Mortgage
$470,324
Outstanding Balance
$393,063
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$355,827

Purchase Details

Closed on
Nov 10, 1993
Sold by
Leone Anne and Fleetwood Maryanne
Bought by
Nieves Gilberto
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
Morales Elma $479,000 --
Morales Elma $479,000 --
Nieves Gilberto $104,000 --
Nieves Gilberto $104,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nieves Gilberto $470,324
Closed Nieves Gilberto $470,324
Previous Owner Nieves Gilberto $250,000
Previous Owner Nieves Gilberto $90,873
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2017 11/03/17 Sold $479,000 0.0% $154 / Sq Ft
10/17/2017 10/17/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $479,000 -- $154 / 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 $10,014 $418,200 $104,830 $313,370
2024 $9,866 $418,200 $104,830 $313,370
2023 $6,828 $271,390 $96,100 $175,290
2022 $6,701 $271,390 $96,100 $175,290
2021 $6,527 $271,390 $96,100 $175,290
2020 $6,523 $271,390 $96,100 $175,290
2019 $6,341 $271,390 $96,100 $175,290
2018 $4,657 $174,670 $80,990 $93,680
2017 $4,497 $174,670 $80,990 $93,680
2016 $4,454 $174,670 $80,990 $93,680
2015 $4,442 $174,670 $80,990 $93,680
2014 $4,384 $174,670 $80,990 $93,680
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Linnea McManus

    Coldwell Banker Realty

    Section Image
  • Waldde Valdez

    Buyer's Agent in 2017

    Waldde Valdez

    Modern Day Real Estate

    (203) 517-8879

    3 in this area

    115 Total Sales

    Waldde Valdez
    Section Image
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Map

Source: SmartMLS

MLS Number: 170010531

SmartMLS

APN: NORW-000005-000082-000008

Connecticut Fairfield County Norwalk 06854 South Norwalk

228 Ely Ave, Norwalk, CT

Not Listed for Sale

MultiFamily

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