NOT LISTED FOR SALE

34 Dr Martin Luther King jr Dr Norwalk, CT 06854

Brookside Neighborhood

Estimated Value: $540,000 - $722,000

2 Beds
2 Baths
2,449 Sq Ft
$250/Sq Ft Est. Value

Last Sold November 03, 2021

Last sale price $460,000 $188 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,827/month

16 Days on Market

Highlights

  • Beach Access
  • City View
  • 1 Fireplace
  • Brien Mcmahon High School Rated A-
  • Property is near public transit
  • No HOA

About This Home

As of November 2021

Prime location, amazing opportunity- this 2 family home is a hidden gem located in the heart of SONO, just minutes to commuting, shopping, and restaurants. Two side-by-side units with ample parking in back of building (approx 8 spaces). Each unit offers a spacious living room and kitchen with white cabinets and tile floors, both with high ceilings, and tons of natural light. Lower level of each unit offers a large bedroom with full bath, and several closets. Each unit currently rents for $1,450 and 1,500/month and both currently are leased by long term tenants. Great investment opportunity. SONO Plaza and Washington Street are just across the street. Train station, Maritime Aquarium, Stepping Stones, The Norwalk Art Space, I95 and Merritt, The SONO Collection, and tons of fun restaurants are within a short distance. ** Must go through house to really appreciate how unique the property is. **Masks and booties must be worn for all showings. ** Showings to begin on Saturday 8/14 btwn 10am-5pm.

Last Agent to Sell the Property

Catherine Cardell Yarmosh

Coldwell Banker Realty License #RES.0802678 Listed on: 08/11/2021

Coldwell Banker Realty

Last Buyer's Agent

Silvia Santacruz

William Raveis Real Estate License #RES.0780719

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,942

Year Built

  • Built in 1950

Lot Details

  • 9,148 Sq Ft Lot

Home Design

  • Side-by-Side
  • Flat Roof Shape
  • Concrete Foundation
  • Block Foundation
  • Stone Frame
  • Flat Tile Roof
  • Block Exterior
  • Stucco Exterior
  • Stone

Interior Spaces

  • 1 Fireplace
  • Awning
  • City Views
  • Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Private Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Exterior Lighting

Location

  • Property is near public transit
  • Property is near shops

Schools

  • Brookside Elementary School
  • Roton Middle School
  • Brien Mcmahon High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Additional Features

  • Public Transportation
  • Gross Income $35,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,942

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Neighborhood: SONO
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 1273
  • Public Record Living Room Sq Ft: 1273
  • Sq Ft Est Heated Below Grade: 1176
  • Total Sq Ft: 2449
  • Year Built: 1950
  • Nearby Amenities: Health Club, Park, Public Transportation, Shopping/Mall
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Public Record Gross Sq Ft: 2449
  • Tax Year Updated Dt: 09/20/2021
  • Directions: Martin Luther King Jr. Drive right across from SONO Plaza. Driveway in back with plenty of parking
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Fully Finished
  • Laundry Room Location: Laundry for each unit in kitchen area
  • Laundry Room Info: Washer/Dryer All Units
  • Attic: No

Exterior Features

  • Exterior Features: Awnings, Lighting
  • Exterior Siding: Block, Stucco
  • Foundation Type: Block, Concrete
  • Roof Information: Flat
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: Stone

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heat Type: Gas on Gas
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.2100
  • Lot Description: City Views
  • Zoning: D

Multi Family

  • Gross Annual Income: 35400
  • Unit Count: 2
  • Total Multi Family: 6
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 4942
  • Mil Rate Base: 20.910
  • Mil Rate Tax District: 3.060
  • Assessor Parcel Number: 232951

MLS Schools

  • Elementary School: Brookside
  • Middle Jr High School: Roton
  • High School: Brien McMahon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Nov 3, 2021
Sold by
34 Mlk Llc
Bought by
Santacruz Silvia
Seller's Agent
Catherine Cardell Yarmosh
Coldwell Banker Realty
Buyer's Agent
Silvia Santacruz
William Raveis Real Estate
List Price
$450,000
Sold Price
$460,000
Premium/Discount to List
$10,000
2.22%
Current Estimated Value
$612,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,285
Avg. Annual Appreciation
7.24%
Original Mortgage
$391,000
Outstanding Balance
$357,733
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$254,552

Purchase Details

Closed on
Mar 1, 2000
Sold by
709 Sports Club
Bought by
Levy Howard K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Santacruz Silvia $460,000 None Available
Santacruz Silvia $460,000 None Available
Levy Howard K $149,000 --
Levy Howard K $149,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santacruz Silvia $391,000
Closed Santacruz Silvia $391,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2021 11/03/21 Sold $460,000 +2.2% $188 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/14/2021 08/14/21 For Sale $450,000 -- $184 / 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 $7,393 $309,350 $120,530 $188,820
2024 $7,284 $309,350 $120,530 $188,820
2023 $5,250 $209,280 $104,970 $104,310
2022 $5,137 $209,280 $104,970 $104,310
2021 $4,941 $206,180 $104,970 $101,210
2020 $4,939 $206,180 $104,970 $101,210
2019 $2,758 $206,180 $104,970 $101,210
2018 $4,308 $161,930 $100,950 $60,980
2017 $4,159 $161,930 $100,950 $60,980
2016 $4,119 $161,930 $100,950 $60,980
2015 $4,108 $161,930 $100,950 $60,980
2014 $4,055 $161,930 $100,950 $60,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170427720

SmartMLS

APN: NORW-000002-000027-000039