NOT LISTED FOR SALE

235 Ely Ave Norwalk, CT 06854

South Norwalk Neighborhood

Estimated Value: $604,000 - $704,000

6 Beds
1 Bath
2,317 Sq Ft
$281/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $490,000 $211 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,301/month

34 Days on Market

Highlights

  • 0.37 Acre Lot
  • Attic
  • Porch
  • Property is near public transit
  • No HOA
  • Public Transportation

About This Home

As of October 2023

2 family home in need of complete rehabilitation. Each unit has 3 bedrooms, 1 full bath. This property WILL NOT qualify for conventional financing - cash or rehab loans only. Closing date subject to finalizing the probate process - which will occur soon. Spacious, level, oversized lot allows for plenty of off-street parking and room to entertain family and friends. Perfect to buy and hold as an investment or to live in. Please note that this property is in Zone C, not Zone B which means that although it is located on an oversized lot it's permitted uses are somewhat limited (ie building condos or an apartment building such as those that are found across the street are not allowed). Buyer must do their own due diligence.

Last Agent to Sell the Property

Luis Sanchez

eXp Realty License #REB.0757785 Listed on: 09/09/2023

eXp Realty

Last Buyer's Agent

Luis Sanchez

eXp Realty License #REB.0757785 Listed on: 09/09/2023

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,995

Year Built

  • Built in 1910

Lot Details

  • 0.37 Acre Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 2,317 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 1 Full Bathroom

Parking

  • Shared Driveway
  • Unpaved Parking
  • Off-Street Parking

Schools

  • Brien Mcmahon High School

Utilities

  • Radiator
  • Heating System Uses Oil
  • 60+ Gallon Tank
  • Fuel Tank Located in Basement

Additional Features

  • Porch
  • Property is near public transit

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,995

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Neighborhood: South Norwalk
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2317
  • Public Record Living Room Sq Ft: 2317
  • Total Sq Ft: 2317
  • Year Built: 1910
  • Nearby Amenities: Public Transportation
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Public Record Gross Sq Ft: 3851
  • Directions: Dr. MLK Jr. Drive to Knapps Street to Ely Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Attic: Yes

Exterior Features

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

Garage/Parking

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

Utilities

  • Heat Type: Radiator
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 80 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.3700
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: C

Multi Family

  • Unit Count: 2
  • Total Multi Family: 10
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 7995
  • Mil Rate Base: 22.660
  • Mil Rate Tax District: 2.501
  • Assessor Parcel Number: 254434

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Brien McMahon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2023
Closed on
Oct 27, 2023
Sold by
Mallard Tradonna and Bookhradt Johnny
Bought by
Dream Homes Solutions Llc
Seller's Agent
Luis Sanchez
eXp Realty
Buyer's Agent
Luis Sanchez
eXp Realty
List Price
$474,900
Sold Price
$490,000
Premium/Discount to List
$15,100
3.18%
Views
44
Current Estimated Value
$651,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,992
Avg. Annual Appreciation
13.93%
Original Mortgage
$501,480
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 1994
Sold by
Keycorp Mtg
Bought by
Bookhardt John and Bookhardt Caroline

Purchase Details

Closed on
Dec 19, 1988
Sold by
Gomez Cruz
Bought by
Arteaga Napoleon
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
Dream Homes Solutions Llc $490,000 None Available
Dream Homes Solutions Llc $490,000 None Available
Bookhardt John $71,000 --
Bookhardt John $71,000 --
Arteaga Napoleon $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dream Homes Solutions Llc $501,480
Previous Owner Arteaga Napoleon $308,750
Previous Owner Arteaga Napoleon $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2023 10/30/23 Sold $490,000 +3.2% $211 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
09/09/2023 09/09/23 For Sale $474,900 -- $205 / 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 $11,112 $464,040 $134,280 $329,760
2024 $9,719 $411,970 $134,280 $277,690
2023 $7,995 $317,750 $123,090 $194,660
2022 $7,846 $317,750 $123,090 $194,660
2021 $7,642 $317,750 $123,090 $194,660
2020 $7,638 $317,750 $123,090 $194,660
2019 $7,424 $317,750 $123,090 $194,660
2018 $6,135 $230,120 $119,600 $110,520
2017 $5,925 $230,120 $119,600 $110,520
2016 $5,982 $234,590 $119,600 $114,990
2015 $5,852 $230,120 $119,600 $110,520
2014 $5,776 $230,120 $119,600 $110,520
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Luis Sanchez

    eXp Realty

    (203) 400-6431

    3 in this area

    36 Total Sales

    Luis Sanchez
    Section Image
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Map

Source: SmartMLS

MLS Number: 170596881

SmartMLS

APN: NORW-000005-000083-000084

Connecticut Fairfield County Norwalk 06854 South Norwalk

235 Ely Ave, Norwalk, CT

Not Listed for Sale

MultiFamily

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