NOT LISTED FOR SALE

Estimated Value: $895,000 - $1,107,000

6 Beds
6 Baths
3,092 Sq Ft
$322/Sq Ft Est. Value

Last Sold August 21, 2023

Last sale price $800,000 $259 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,550/month

32 Days on Market

Highlights

  • Beach Access
  • Deck
  • Public Transportation
  • Brien Mcmahon High School Rated A-
  • Property is near public transit
  • Central Air

About This Home

As of August 2023

*** Highest and best Tuesday at noon *** This cash-flow positive property is just the investment you have been seeking. Built in 2007 with all the modern amenities, this duplex-style two-family is a cash behemoth. Each unit features 3 beds and 2.5 baths, with a 1 car attached garage. These mirror-image units have a large open living room, dining room, and kitchen, with a half bath on the main level. There are beautiful oak hardwood floors throughout the space. The kitchen has vaulted ceilings, granite countertops, stainless steel appliances, and natural light bursting through every window. There are three bedrooms including the primary suite upstairs, also with vaulted ceilings. The main suite features an en-suite bathroom. There is a shared hallway bathroom as well. The dining area leads to a private deck and small back yard. Downstairs there is a large, open basement that might be finished in the future. Laundry and the mechanicals are down there. With gas heat, central air and more, this property has it all. It's located close to downtown SONO and the South Norwalk train, and only a few minutes to the highways and beach. Amazing restaurants, shops, markets, and more are just around the corner. The right unit has new bathrooms, newly refinished hardwood, and more. The driveway is brand new. Live in the newly updated right unit, and get huge income from great tenant on left side. Come see this beautiful property before it is snatched off this market!

Last Agent to Sell the Property

Joe Balestriere

William Raveis Real Estate License #RES.0792559 Listed on: 05/26/2023

William Raveis Real Estate

Last Buyer's Agent

Keysi Jimenez

Shinebrite Brokerage LLC License #RES.0817632

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,072

Year Built

  • Built in 2007

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,092 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 2 Car Garage
  • Parking Deck
  • Private Driveway

Outdoor Features

  • Beach Access
  • Deck

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • 2 Units
  • Public Transportation
  • Gross Income $80,400

Listing and Financial Details

  • Assessor Parcel Number 254374

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,072

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Neighborhood: South Norwalk
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 3092
  • Total Sq Ft: 3092
  • Year Built: 2007
  • New Construction: No/Resale
  • Nearby Amenities: Park, Playground/Tot Lot, Public Transportation, Shopping/Mall
  • Remarks Public Addendum: Perfect income property or owner-occupied residence. Feels like you are buying two townhouse condos that are attached.
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5452
  • Directions: Use GPS
  • Financing Used: Withheld
  • Living Area Sq Ft Per Public Record: 3092
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement Description: Full, Unfinished
  • Laundry Room Location: Units Owned By Tenant
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No
  • Street Number Modifier: 317

Exterior Features

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

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Private, Paved
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.19
  • Lot Description: Level Lot
  • Zoning: D
  • Parcel #: 254374

Multi Family

  • Gross Annual Income: 80400
  • Total Number Of Units: 2
  • Unit Count: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 11072
  • Total Assessed Value: 440040
  • Mil Rate Total: 25.161

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
May 26, 2023
Closed on
Aug 21, 2023
Sold by
Far Fly Ave Llc
Bought by
Bhatti Nouman A
Seller's Agent
Joe Balestriere
William Raveis Real Estate
Buyer's Agent
Keysi Jimenez
Shinebrite Brokerage LLC
List Price
$779,000
Sold Price
$800,000
Premium/Discount to List
$21,000
2.7%
Views
122
Current Estimated Value
$991,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,096
Avg. Annual Appreciation
9.60%
Original Mortgage
$585,000
Outstanding Balance
$573,371
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$385,817

Purchase Details

Closed on
Sep 20, 2022
Sold by
Serrano Felix R
Bought by
Far Ely Ave Llc

Purchase Details

Closed on
Nov 28, 2018
Sold by
Far Ely Ave Llc
Bought by
Serrano Felix

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
4.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 26, 2007
Sold by
317 Ely Avenue Llc
Bought by
Far Ely Avenue Llc
Source: Public Records

Range of Values:

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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
Bhatti Nouman A $800,000 None Available
Bhatti Nouman A $800,000 None Available
Far Ely Ave Llc -- None Available
Far Ely Ave Llc -- None Available
Serrano Felix -- --
Serrano Felix -- --
Far Ely Avenue Llc $250,000 --
Far Ely Avenue Llc $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhatti Nouman A $585,000
Closed Bhatti Nouman A $585,000
Previous Owner Far Ely Avenue Llc $390,000
Previous Owner Far Ely Avenue Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2023 08/21/23 Sold $800,000 +2.7% $259 / Sq Ft
07/05/2023 07/05/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $779,000 -- $252 / 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 $13,485 $563,130 $110,640 $452,490
2024 $13,285 $563,130 $110,640 $452,490
2023 $11,072 $440,040 $101,420 $338,620
2022 $10,865 $440,040 $101,420 $338,620
2021 $10,583 $440,040 $101,420 $338,620
2020 $10,577 $440,040 $101,420 $338,620
2019 $10,281 $440,040 $101,420 $338,620
2018 $8,621 $323,340 $98,700 $224,640
2017 $8,325 $323,340 $98,700 $224,640
2016 $8,278 $324,640 $98,700 $225,940
2015 $8,223 $323,340 $98,700 $224,640
2014 $8,116 $323,340 $98,700 $224,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170571706

SmartMLS

APN: NORW-000005-000083-000037