$120,000
SOLD JAN 9, 2025
1 Bed
1 Bath
635 Sq Ft
$370/mo HOA Fee

Recently Sold

$189 Per Sq Ft

19% Below List Price

205 Days on Market

Highlights

  • Waterfront
  • Ranch Style House
  • Central Air
  • Property is near public transit
  • Public Transportation

About This Home

As of January 2025

Welcome to Lofts On Lafayette, where urban charm meets investment potential! This loft condo provides the perfect blend of comfort and convenience, with hardwood floors, high ceilings, and exposed brick walls creating a welcoming atmosphere. With its proximity to I-95, Metro North train, LI ferry, and the bustling Hartford Healthcare Amphitheater and Arena, this property is a commuter's dream. Plus, Seaside Park is just steps away, offering year-round beauty and recreational activities. Invest in your future with this great investment property, complete with a reliable tenant already in place. Don't miss out on this opportunity to own a piece of urban paradise. Schedule your viewing today! Seller prefers cash transaction

Last Agent to Sell the Property

Denise Moore

Kazantzis Real Estate, LLC License #RES.0815204 Listed on: 05/28/2024

Last Buyer's Agent

Cathy McCarthy

Keller Williams Realty License #RES.0823963

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,901

Year Built

  • Built in 1890

Lot Details

  • Waterfront

HOA Fees

  • $370 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • 635 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Masonry Siding

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Location

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

Schools

  • Roosevelt Elementary School
  • Bassick High School

Utilities

  • Central Air
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 2477632

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, water, property management
  • 140 Units
  • Property managed by The Property Group

Amenities

  • Public Transportation

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,901

Year Built

Built in 1890

Lot Details

0

HOA Fees

$370 per month

Listing Details

  • Neighborhood: South End
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 635
  • Total Sq Ft: 635
  • Year Built: 1890
  • New Construction: No/Resale
  • Nearby Amenities: Public Transportation, Walk to Bus Lines
  • Remarks Public Addendum: Tenant to remain. Subject to probate court approval.
  • Property Sub Type: Condominium
  • Direct Waterfront: Yes
  • End Unit: No
  • Home Warranty Offered: No
  • Special Assessment Details: 118.17 per month till 9/2024
  • Directions: Per GPS
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 635
  • Spec Assoc Asses: Yes
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: None
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Attic: No
  • Street Number Modifier: 325

Exterior Features

  • Exterior Siding: Brick
  • Waterfront Description: Harbor Walk to Water
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Total Parking Spaces: 1
  • Garage And Parking: None, Paved, Parking Lot, Assigned Parking

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Gas In Street
  • Hot Water Description: 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Water, Property Management
  • HOA Fees: 370
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: The Property Group
  • Total Number of Units In Complex: Lofts on Lafayette

Schools

  • Elementary School: Roosevelt
  • High School: Bassick

Lot Info

  • Lot Description: N/A
  • Zoning: Residential
  • Parcel #: 2477632

Rental Info

  • Pets Allowed Info: per management company ap
  • Pets Allowed: Restrictions

Multi Family

  • Total Number Of Units: 140

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 1901
  • Total Assessed Value: 43750
  • Mil Rate Total: 43.45

MLS Schools

  • Elementary School: Roosevelt
  • High School: Bassick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2024
Closed on
Jan 3, 2025
Sold by
Gorra Paul Est and Gorra
Bought by
Pennacchia Marco and Pennacchia Ruth
Seller's Agent
Denise Moore
Kazantzis Real Estate, LLC
Buyer's Agent
Cathy McCarthy
Keller Williams Realty
List Price
$149,000
Sold Price
$120,000
Premium/Discount to List
-$29,000
-19.46%
Views
386
Current Estimated Value
$129,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,734
Avg. Annual Appreciation
10.96%

Purchase Details

Closed on
Mar 1, 2005
Sold by
Lancaster Gate Llc
Bought by
Gorra Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.73%
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 Type Sale Price Title Company
Executors Deed -- None Available
Executors Deed -- None Available
Warranty Deed $130,000 --
Warranty Deed $130,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $116,000 Unknown
Previous Owner $131,000 No Value Available
Previous Owner $130,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2025 01/09/25 Sold $120,000 -16.7% $189 / Sq Ft
12/19/2024 12/19/24 Pending -- -- --
08/05/2024 08/05/24 Price Changed $144,000 -3.4% $227 / Sq Ft
05/28/2024 05/28/24 For Sale $149,000 -- $235 / 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 $1,901 $43,750 $0 $43,750
2024 $1,901 $43,750 $0 $43,750
2023 $1,901 $43,750 $0 $43,750
2022 $1,901 $43,750 $0 $43,750
2021 $1,901 $43,750 $0 $43,750
2020 $1,422 $26,330 $0 $26,330
2019 $1,422 $26,330 $0 $26,330
2018 $1,432 $26,330 $0 $26,330
2017 $1,432 $26,330 $0 $26,330
2016 $1,432 $26,330 $0 $26,330
2015 $5,126 $121,480 $0 $121,480
2014 $5,126 $121,480 $0 $121,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24020225

SmartMLS

APN: BRID-000525-000001-000034