NOT LISTED FOR SALE

Estimated Value: $853,000 - $961,000

6 Beds
3 Baths
3,286 Sq Ft
$270/Sq Ft Est. Value

Last Sold February 24, 2017

Last sale price $520,000 $158 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,594/month

52 Days on Market

Highlights

  • Beach Access
  • Health Club
  • Medical Services
  • Holland Hill Elementary Rated A
  • Golf Course Community
  • Property is near public transit

About This Home

As of February 2017

Exceptional, turn-key 3 family property in Fairfield. Excellent opportunity for owner-occupied or investment purpose. Over $80,000 in recent improvements include roof, driveway, dry well, furnaces, windows, electrical panels, kitchens, appliances, wash/dry in all units, fresh paint in common areas. 2 bay garage can provide added rental income. Two bedrooms each unit, hardwoods,carpet, basement storage. All units leased with $49,200 annual income resulting in 7.5% Cap Rate. Prime location just minutes to Fairfield Metro Train, Whole Foods, Home Depot, public transport, highways, schools and town center. Agents please see addendum.

Last Agent to Sell the Property

Timothy Dailey

Higgins Group Real Estate License #RES.0777812 Listed on: 12/16/2016

Higgins Group Real Estate

Last Buyer's Agent

Christi Farrington

Dagny's Real Estate License #RES.0790869

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,346

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Masonry

Interior Spaces

  • 3,286 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Beach Access
  • Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a golf course

Schools

  • Holland Hill Elementary School
  • Ffld Woods Middle School
  • Ffld Warde High School

Utilities

  • Heating System Uses Natural Gas

Community Details

Amenities

  • Medical Services
  • Public Transportation

Recreation

  • Golf Course Community
  • Health Club
  • Park

Additional Features

  • 3 Units
  • Gross Income $49,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,346

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: Grasmere
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Sq Ft Est Heated Above Grade: 3286
  • Public Record Living Room Sq Ft: 3286
  • Total Sq Ft: 3286
  • Year Built: 1920
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Park, Public Transportation, Shopping/Mall
  • Association Amenities: Golf Course, Health Club, Medical Facilities, Park
  • Remarks Public Addendum: $80,000 RECENTLY INVESTED IN UPGRADES INCLUDING: NEW ROOF, DRIVEWAY, DRY WELL, ELECTRICAL PANELS, HOT WATER HEATERS, 2 FURNACES. WASH/DRY INSTALLED IN ALL UNITS, NEWER KITCHENS INCLUDING APPLIANCES, COUNTER TOPS, CABINETS, FLOORING. FIRST FLOOR AVAILA
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4761
  • Directions: Kings Hwy East or Longview to Churchill
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Unfinished
  • Attic: Yes
  • Street Number Modifier: 24

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Wood
  • Foundation Type: Stone, Masonry
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2

Utilities

  • Heat Fuel Type: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Holland Hill
  • Middle School: Ffld Woods
  • High School: Ffld Warde

Lot Info

  • Acres: 0.1100
  • Lot Description: Level Lot
  • Zoning: B

Multi Family

  • Gross Annual Income: 49200
  • Net Operating Income: 39890
  • Unit Count: 3
  • Total Multi Family: 15
  • Total Num Of Units: 3
  • Total Unit Count: 3

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 6346
  • Total Assessed Value: 249340
  • Mil Rate Base: 25.450
  • Mil Rate Total: 25.450
  • Assessor Parcel Number: 127288

MLS Schools

  • Elementary School: Holland Hill
  • Middle Jr High School: Ffld Woods
  • High School: Ffld Warde

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2016
Closed on
Mar 30, 2017
Sold by
Greenwald Mitchell O
Bought by
Churchill Llc
Seller's Agent
Timothy Dailey
Higgins Group Real Estate
Buyer's Agent
Christi Farrington
Dagny's Real Estate
List Price
$529,000
Sold Price
$520,000
Premium/Discount to List
-$9,000
-1.7%
Current Estimated Value
$885,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,991
Avg. Annual Appreciation
6.54%
Original Mortgage
$390,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 16, 2016
Closed on
Feb 27, 2017
Sold by
2468 Churchill Llc
Bought by
Greenwald Mitchell O
Seller's Agent
Timothy Dailey
Higgins Group Real Estate
Buyer's Agent
Christi Farrington
Dagny's Real Estate
List Price
$529,000
Sold Price
$520,000
Premium/Discount to List
-$9,000
-1.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2010
Sold by
Orourke Robert K and Orourke Joan K
Bought by
Orourke Michael F and Orourke Patrick R

Purchase Details

Closed on
Nov 9, 2010
Sold by
Orourke Robert K
Bought by
Orourke Joan K
Source: Public Records

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
Churchill Llc -- --
Churchill Llc -- --
Greenwald Mitchell O $520,000 --
Greenwald Mitchell O $520,000 --
Orourke Michael F -- --
Orourke Joan K -- --
Orourke Michael F -- --
Orourke Joan K -- --
Orourke Joan K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewandowska Paulina $549,516
Closed Orourke Robert K $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2017 02/24/17 Sold $520,000 -1.7% $158 / Sq Ft
02/06/2017 02/06/17 Pending -- -- --
12/16/2016 12/16/16 For Sale $529,000 -- $161 / 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 $9,309 $327,880 $153,580 $174,300
2024 $9,148 $327,880 $153,580 $174,300
2023 $9,020 $327,880 $153,580 $174,300
2022 $8,931 $327,880 $153,580 $174,300
2021 $8,846 $327,880 $153,580 $174,300
2020 $6,680 $249,340 $133,280 $116,060
2019 $6,680 $249,340 $133,280 $116,060
2018 $6,573 $249,340 $133,280 $116,060
2017 $6,438 $249,340 $133,280 $116,060
2016 $6,346 $249,340 $133,280 $116,060
2015 $5,921 $238,840 $141,050 $97,790
2014 $5,828 $238,840 $141,050 $97,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 99167771

SmartMLS

APN: FAIR-000130-000000-000367