NOT LISTED FOR SALE

Estimated Value: $602,751 - $889,000

4 Beds
2 Baths
1,568 Sq Ft
$494/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $575,000 $367 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,718/month

205 Days on Market

Highlights

  • Beach Access
  • Property is near public transit
  • No HOA
  • Deck
  • Attic
  • Cul-De-Sac

About This Home

As of June 2021

Welcome to this cash-cow-giant in Cove area of Stamford. Tucked on a cul-de-sac and walking distance to shops, the super market, restaurants, and the beach, the location couldn't get more desirable. With a gross income of $49,800, it is priced to sell. Unique to only a few multi-family homes in Stamford, 25 Limerick has an enormous, level, and fully fenced back yard, perfect for parties or entertaining. There is off street parking, two spots per tenant. Both units have two bedrooms, and a full bath, kitchen, living room, and huge new deck overlooking the yard and trees, perfect for dinner on a cool evening. Both units also have their own laundry as well, making these the perfect, private getaways for today's tenants. There is a basement as well, with separate utilities for both units. Downstairs has electric heat, upstairs has gas heat. The downstairs unit has been mostly updated, and doesn't need anything from a future buyer, just keep collecting rent from the tenants! The roof is newer, the mechanicals are in good shape, it really is move-in ready. If you look two doors down on the left, you can see the addition put on to that home recently, a possible option for expansion for this property also. While a buyer thinks about how to make more cashflow, this property already is positive, and ready for a new buyer to take over and start making money!

Last Agent to Sell the Property

Joe Balestriere

William Raveis Real Estate License #RES.0792559 Listed on: 10/07/2020

William Raveis Real Estate

Last Buyer's Agent

Judy Amster

William Raveis Real Estate License #RES.0756367

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,588

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Cul-De-Sac

Home Design

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

Interior Spaces

  • 1,568 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Deck
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Additional Features

  • Public Transportation
  • Gross Income $49,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,588

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Cove
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1568
  • Public Record Living Room Sq Ft: 1568
  • Total Sq Ft: 1568
  • Year Built: 1900
  • Nearby Amenities: Park, Public Transportation, Shopping/Mall
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2872
  • Directions: Cove Road, to Soundview Ave, left on Limerick St, home on the right!
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Laundry Room Info: All Units Have Hook-Ups, Washer/Dryer Some Units
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1700
  • Lot Description: On Cul-De-Sac
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R6

Multi Family

  • Gross Annual Income: 49800
  • Unit Count: 2
  • Total Multi Family: 8
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 6588
  • Mil Rate Base: 25.330
  • Mil Rate Tax District: 1.020
  • Assessor Parcel Number: 333532

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
Oct 7, 2020
Closed on
May 28, 2021
Sold by
Tensen Timothy C
Bought by
Doane Brian and Doane Jennifer
Seller's Agent
Joe Balestriere
William Raveis Real Estate
Buyer's Agent
Judy Amster
William Raveis Real Estate
List Price
$549,000
Sold Price
$575,000
Premium/Discount to List
$26,000
4.74%
Current Estimated Value
$774,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,688
Avg. Annual Appreciation
6.88%
Original Mortgage
$431,250
Outstanding Balance
$391,050
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$383,638
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
Doane Brian $575,000 None Available
Doane Brian $575,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doane Brian $431,250
Closed Doane Brian $431,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2021 06/04/21 Sold $575,000 0.0% $367 / Sq Ft
11/25/2020 11/25/20 Off Market $575,000 -- --
10/07/2020 10/07/20 For Sale $549,000 -- $350 / 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 $7,860 $328,610 $200,540 $128,070
2024 $7,676 $328,610 $200,540 $128,070
2023 $8,294 $328,610 $200,540 $128,070
2022 $6,793 $250,010 $145,360 $104,650
2021 $6,735 $250,010 $145,360 $104,650
2020 $6,588 $250,010 $145,360 $104,650
2019 $6,588 $250,010 $145,360 $104,650
2018 $6,383 $250,010 $145,360 $104,650
2017 $5,144 $191,310 $113,760 $77,550
2016 $4,997 $191,310 $113,760 $77,550
2015 $4,865 $191,310 $113,760 $77,550
2014 $4,743 $191,310 $113,760 $77,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170344861

SmartMLS

APN: STAM-000002-000000-003625