NOT LISTED FOR SALE

3 Oakwood Ave Unit B3 Norwalk, CT 06850

Estimated Value: $304,000 - $315,574

1 Bed
1 Bath
728 Sq Ft
$225/mo HOA Fee

Last Sold April 10, 2024

Last sale price $287,500 $395 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,313/month

60 Days on Market

Highlights

  • Pool House
  • 1 Fireplace
  • Home Security System
  • Ranch Style House
  • Covered Deck
  • Property is near shops

About This Home

As of April 2024

ATTN INVESTORS: These units have rented for $2100-$2200, leaving you a 6-6% cap rate. The condo has freshly painted, spacious one bedroom, one bath ranch style condo located on the second floor in the desirable Oakwood Common complex in Norwalk. Hardwood floors throughout in an open concept living room, dining area combined with a wood burning fireplace to add that warm cozy touch. Walk through sliders to a covered wood deck. You can have an electric BBQ to relax outside for dinner and enjoy a beverage of your choice. The kitchen has recessed lighting, stainless-steel appliances, hardwood floors with a great deal of cabinet space. The bedroom is large enough for a king sized bed, hardwood floors with two custom built oversized double closets. The garage is located under the condo with an inside staircase to the condo, so no need to go outside in inclement weather. It is a two-car garage shared with your neighbor and comes with a private storage room with your own laundry machines. Enjoy the inground pool being steps away on a hot Summer day. This condo is a commuters dream as you can walk to Metro North trains and you are minutes away by car to I95 and the Merritt Parkway. Near-by restaurants, dry-cleaners, gas stations, Walmart, Stop & Shop, medical facilities, Cranbury Park, the Norwalk Beach and much more for you to explore. Don’t miss out on this opportunity as it will not last long.

Last Listed By

Pasquale Cardone

William Raveis Real Estate License #RES.0821202 Listed on: 01/18/2024

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,387

Year Built

  • Built in 1983

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Wood Siding
  • Concrete Siding

Interior Spaces

  • 728 Sq Ft Home
  • 1 Fireplace
  • Home Security System
  • Laundry on lower level

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • Pool House
  • In Ground Pool

Outdoor Features

  • Covered Deck

Location

  • Property is near shops
  • Property is near a bus stop

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 245192

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, hot water, water, property management, pest control, pool service
  • 44 Units
  • Property managed by Felner Corporation

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,387

Year Built

Built in 1983

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Neighborhood: Silvermine
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 728
  • Total Sq Ft: 728
  • Year Built: 1983
  • New Construction: No/Resale
  • Nearby Amenities: Health Club, Library, Medical Facilities, Playground/Tot Lot, Shopping/Mall, Walk to Bus Lines
  • Association Amenities: Pool
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Unit On Floor Number: 2
  • Public Record Gross Sq Ft: 728
  • Directions: Route 7 (Main Avenue) to Grist Mill to Glover Avenue
  • Financing Used: Assumed Conventional
  • In Law Apartment: No
  • Living Area Sq Ft Per Public Record: 728
  • Spec Assoc Asses: No
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: None
  • Interior Amenities: Security System
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher
  • Laundry Room Location: Garage in a storage room
  • Laundry Room Info: Lower Level
  • Attic: No
  • Street Number Modifier: 3

Exterior Features

  • Exterior Features: Covered Deck
  • Exterior Siding: Wood
  • Waterfront Description: Not Applicable
  • Swimming Pool: Yes
  • Pool: Pool House, In Ground Pool
  • Construction Description: Concrete

Garage/Parking

  • Garages Number: 1
  • Garage And Parking: Under House Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Heat Pump
  • Heat Fuel Type: Electric
  • Hot Water Description: 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Hot Water, Water, Property Management, Pest Control, Pool Service
  • Levels In Unit: 3
  • HOA Fees: 225
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Manager Email: matt@felnercorp.com
  • Property Manager Name: Matt Felner
  • Property Manager Phone: 203-331-4770
  • Property Mgt Company Name: Felner Corporation
  • Property Mgt Phone: 203-331-4770
  • Total Number of Units In Complex: Oakwood Common

Schools

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

Lot Info

  • Lot Description: N/A
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: B2
  • Parcel #: 245192

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 44

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 3387
  • Total Assessed Value: 135670
  • Mil Rate Total: 24.966

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Apr 10, 2024
Sold by
Moore Erin
Bought by
Toska Taulant
Seller's Agent
Pasquale Cardone
William Raveis Real Estate
Buyer's Agent
Angelo Maruca
Welcome Home Realty, LLC
List Price
$305,000
Sold Price
$287,500
Premium/Discount to List
-$17,500
-5.74%
Total Days on Market
60
Views
168
Current Estimated Value
$311,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,644
Avg. Annual Appreciation
7.38%
Original Mortgage
$278,875
Outstanding Balance
$276,009
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$35,135

Purchase Details

Closed on
Oct 1, 2010
Sold by
Bank Of America Na
Bought by
Monroe Steven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,500
Interest Rate
4.44%

Purchase Details

Closed on
May 16, 2008
Sold by
Berelian Michael J and Berelian Elias
Bought by
Moore Erin

Purchase Details

Closed on
Aug 16, 2005
Sold by
Dennehy Neil E and Dennehy Kimberly A
Bought by
Berelian Michael J and Berelian Elias

Purchase Details

Closed on
Mar 15, 2002
Sold by
Sbargoud Belkacem
Bought by
Dennehy Neil E and Olmstead Kimberly A

Purchase Details

Closed on
Jan 22, 1987
Sold by
Burke Shawne
Bought by
Sbargoud Belkacem

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
Toska Taulant $287,500 None Available
Toska Taulant $287,500 None Available
Toska Taulant $287,500 None Available
Monroe Steven M $265,000 --
Monroe Steven M $265,000 --
Moore Erin $257,500 --
Moore Erin $257,500 --
Berelian Michael J $257,500 --
Berelian Michael J $257,500 --
Dennehy Neil E $169,900 --
Dennehy Neil E $169,900 --
Sbargoud Belkacem $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toska Taulant $278,875
Closed Toska Taulant $278,875
Previous Owner Sbargoud Belkacem $221,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Sold $287,500 -4.2% $395 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
02/07/2024 02/07/24 Price Changed $299,999 -1.6% $412 / Sq Ft
01/20/2024 01/20/24 For Sale $305,000 -- $419 / 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
2024 $4,257 $182,100 $0 $182,100
2023 $3,387 $135,670 $0 $135,670
2022 $3,334 $135,670 $0 $135,670
2021 $2,837 $135,670 $0 $135,670
2020 $3,203 $135,670 $0 $135,670
2019 $3,162 $135,670 $0 $135,670
2018 $3,502 $135,040 $0 $135,040
2017 $3,379 $135,040 $0 $135,040
2016 $3,435 $135,040 $0 $135,040
2015 $3,086 $135,040 $0 $135,040
2014 $3,381 $135,040 $0 $135,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170619019

SmartMLS

APN: NORW-000005-000040-000025-B000003