NOT LISTED FOR SALE

31 Lee St Stamford, CT 06902

The Cove Neighborhood

Estimated Value: $626,671 - $880,000

5 Beds
3 Baths
2,160 Sq Ft
$355/Sq Ft Est. Value

Last Sold December 10, 2018

Last sale price $480,000 $222 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,681/month

38 Days on Market

Highlights

  • Beach Access
  • Property is near public transit
  • Attic
  • Covered Deck
  • Finished Attic
  • No HOA

About This Home

As of December 2018

Great investment opportunity! Two large units in well maintained multi-family property. Buy for investment only, or live in one and rent out the other. Hardwood floors, newer windows, separate metered utilities. Property is located on a quiet street, close to shopping, public transportation, Cove Island and Cummings parks, I95.

Last Agent to Sell the Property

Diana Singer

Berkshire Hathaway NE Prop. License #RES.0798350 Listed on: 09/04/2018

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Abdul Kader

Guy Bocicaut Real Estate License #RES.0785014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,317

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 2,160 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Partial Basement
  • Finished Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • Parking Deck
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Covered Deck

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Toquam Magnet Elementary School
  • Rippowam Middle School
  • Stamford High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,317

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Cove
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2160
  • Public Record Living Room Sq Ft: 2160
  • Total Sq Ft: 2160
  • Year Built: 1900
  • Nearby Amenities: Commuter Bus, Park, Public Transportation, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Encumbrances Restrictions: Subject to Probate
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3582
  • Directions: Shippan Ave. left onto Warren, right onto Lee
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Finished
  • Basement Description: Partial, Unfinished
  • Laundry Room Info: Hook-Up In Unit 1
  • Attic: Yes

Exterior Features

  • Exterior Features: Covered Deck, Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Masonry
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway, Off Street Parking
  • Driveway Type: Asphalt

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.0500
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R5

Multi Family

  • Unit Count: 2
  • Total Multi Family: 11
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 6317
  • Mil Rate Base: 25.590
  • Mil Rate Tax District: 1.300
  • Assessor Parcel Number: 318441

MLS Schools

  • Elementary School: Toquam Magnet
  • Middle Jr High School: Rippowam
  • High School: Stamford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2018
Closed on
Dec 7, 2018
Sold by
Llamazares Antonio Est and Beltrano
Bought by
Ahammed Darunk and Shammo Mahamuda B
Seller's Agent
Diana Singer
Berkshire Hathaway NE Prop.
Buyer's Agent
Abdul Kader
Guy Bocicaut Real Estate
List Price
$449,000
Sold Price
$480,000
Premium/Discount to List
$31,000
6.9%
Current Estimated Value
$766,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,418
Avg. Annual Appreciation
6.91%
Original Mortgage
$463,878
Outstanding Balance
$408,686
Interest Rate
4.8%
Mortgage Type
FHA
Estimated Equity
$357,732

Purchase Details

Closed on
Jun 26, 1986
Bought by
Llamazares Antonio
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ahammed Darunk $480,000 --
Ahammed Darunk $480,000 --
Llamazares Antonio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahammed Darunk $463,878
Closed Ahammed Darunk $463,878
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2018 12/10/18 Sold $480,000 +6.9% $222 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
09/04/2018 09/04/18 For Sale $449,000 -- $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 $7,949 $332,330 $104,780 $227,550
2024 $7,763 $332,330 $104,780 $227,550
2023 $8,388 $332,330 $104,780 $227,550
2022 $6,694 $246,360 $75,920 $170,440
2021 $6,637 $246,360 $75,920 $170,440
2020 $6,492 $246,360 $75,920 $170,440
2019 $6,520 $247,440 $75,920 $171,520
2018 $6,317 $247,440 $75,920 $171,520
2017 $4,953 $184,180 $59,420 $124,760
2016 $4,811 $184,180 $59,420 $124,760
2015 $4,684 $184,180 $59,420 $124,760
2014 $4,566 $184,180 $59,420 $124,760
Source: Public Records

Agents Affiliated with this Home

  • Diana Singer

    Seller's Agent in 2018

    Diana Singer

    Berkshire Hathaway Home Services

    (914) 295-9671

    49 Total Sales

    Diana Singer
    Section Image
  • Abdul Kader

    Buyer's Agent in 2018

    Abdul Kader

    Guy Bocicaut Real Estate

    6 in this area

    60 Total Sales

    Abdul Kader
    Section Image
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Map

Source: SmartMLS

MLS Number: 170118293

SmartMLS

APN: STAM-000000-000000-006570

Connecticut Fairfield County Stamford 06902 The Cove

31 Lee St, Stamford, CT

Not Listed for Sale

MultiFamily

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