NOT LISTED FOR SALE

Estimated Value: $595,000 - $732,391

3 Beds
2 Baths
1,914 Sq Ft
$346/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $417,000 $218 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,409/month

28 Days on Market

Highlights

  • Beach Access
  • Deck
  • No HOA
  • 0.39 Acre Lot
  • Property is near public transit
  • Enclosed Patio or Porch

About This Home

As of August 2021

This amazing two-family home is just the cash-cow you have been looking for. The current size and layout of the home features two units, one up and one down. Downstairs is a 1 bed, 1 bath with lots of square feet, and a large bonus covered porch in the back. It has access to the full, large basement for storage. Upstairs there is a 2 bed, 1 bath unit, which has been rented for $1650, but with lots of potential for increased income. This unit also has a deck and lots of closet space. Besides the potential to increase income by renovating and upgrading the spaces, this property may be expanded in multiple ways. The existing floor plan allows for a creative buyer to add an extra bedroom and possible second bathroom on the first floor. Going a step further, a second level might be added to that same space to create a bigger upstairs apartment. And thanks to the large, level lot there might be room for expansion or conversion to a 3-Family home. As it stands, with some light renovations, rental income upwards of $3500 a month is possible, and the sky is the limit depending on what your vision might be, or what is possible with this lot and property. This amazing package is located tucked away in a desired neighborhood, only minutes from some of the best Norwalk restaurants, shopping, and all modern conveniences. The highways are only a minute away, and trains only five minutes. This property is in a price point of its own, and has the potential buyers have been seeking!

Last Agent to Sell the Property

Joe Balestriere

William Raveis Real Estate License #RES.0792559 Listed on: 06/16/2021

William Raveis Real Estate

Co-Listed By

Chris Balestriere

William Raveis Real Estate License #RES.0807162

Last Buyer's Agent

Alim Mainun

Venture Real Estate, Inc. License #RES.0812337

Venture Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,015

Year Built

  • Built in 1900

Lot Details

  • 0.39 Acre Lot
  • Level Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 1,914 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Deck
  • Private Driveway
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Deck
  • Enclosed Patio or Porch

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,015

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1914
  • Public Record Living Room Sq Ft: 1914
  • Total Sq Ft: 1914
  • Year Built: 1900
  • Nearby Amenities: Park, Playground/Tot Lot, Public Transportation, Shopping/Mall
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3978
  • Directions: Use GPS. Keybox on left side of home
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full, Unfinished
  • Attic: No
  • Street Number Modifier: 28

Exterior Features

  • Exterior Features: Deck, Porch-Enclosed
  • Exterior Siding: Aluminum
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Private

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.3900
  • Lot Description: Level Lot
  • Elevation Certificate: Yes
  • Flood Zone: No
  • Zoning: C

Multi Family

  • Unit Count: 2
  • Total Multi Family: 8
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 6015
  • Total Assessed Value: 251100
  • Mil Rate Base: 22.250
  • Mil Rate Tax District: 1.706
  • Mil Rate Total: 23.956
  • Assessor Parcel Number: 232162

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
Jun 16, 2021
Closed on
Aug 19, 2021
Sold by
Distasio Renato Est
Bought by
Vahora Samiraben
Seller's Agent
Joe Balestriere
William Raveis Real Estate
Buyer's Agent
Alim Mainun
Venture Real Estate, Inc.
List Price
$399,000
Sold Price
$417,000
Premium/Discount to List
$18,000
4.51%
Current Estimated Value
$662,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,348
Avg. Annual Appreciation
11.39%
Original Mortgage
$354,450
Outstanding Balance
$323,693
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$319,768
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
Vahora Samiraben $417,000 None Available
Vahora Samiraben $417,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vahora Samiraben $354,450
Closed Vahora Samiraben $354,450
Previous Owner Distasio Renato $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2021 08/17/21 Sold $417,000 +4.5% $218 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $399,000 -- $208 / 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 $9,596 $401,490 $178,490 $223,000
2024 $9,453 $401,490 $178,490 $223,000
2023 $6,299 $251,100 $132,450 $118,650
2022 $6,163 $251,100 $132,450 $118,650
2021 $6,019 $251,100 $132,450 $118,650
2020 $6,015 $251,100 $132,450 $118,650
2019 $5,854 $251,100 $132,450 $118,650
2018 $5,829 $219,110 $137,210 $81,900
2017 $5,627 $219,120 $137,210 $81,910
2016 $5,574 $219,110 $137,210 $81,900
2015 $5,559 $219,110 $137,210 $81,900
2014 $5,487 $219,110 $137,210 $81,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170411032

SmartMLS

APN: NORW-000001-000085-000023