NOT LISTED FOR SALE

Estimated Value: $497,000 - $610,000

5 Beds
2 Baths
1,728 Sq Ft
$321/Sq Ft Est. Value

Last Sold September 02, 2021

Last sale price $385,000 $223 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,523/month

37 Days on Market

Highlights

  • Beach Access
  • Property is near public transit
  • 1 Car Detached Garage
  • Mckinley Elementary School Rated A-
  • No HOA
  • Cul-De-Sac

About This Home

As of September 2021

Opportunity Knocks!! This is the most affordable, 2 Family Home in Fairfield. First floor offers 2 Bedrooms and the second floor offers 3 Bedrooms. There is an oversized 1 car garage. Contractors and investors take notice. This property is currently rented to tenants that have been there long term. This is an as is sale. There is great potential in this investment as it is or renovated. Close to schools, shopping, and situated on a dead end street. Conveniently located with easy access to I95 and Metro North Train Station make this a fantastic commuter location. Showings will take place Sat 7/10/21 & Sun 7/11/21 between 12-3. This is a must see investment and a rare Fairfield Multi opportunity that will not last.

Last Agent to Sell the Property

Amie Belile

William Raveis Real Estate License #RES.0770116 Listed on: 07/08/2021

William Raveis Real Estate

Last Buyer's Agent

John Shea

William Raveis Real Estate License #RES.0622619

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,914

Year Built

  • Built in 1910

Lot Details

  • 7,405 Sq Ft Lot
  • Cul-De-Sac
  • Level Lot

Home Design

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

Interior Spaces

  • 1,728 Sq Ft Home
  • Ceiling Fan
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Private Driveway

Outdoor Features

  • Beach Access
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a golf course

Schools

  • Mckinley Elementary School
  • Tomlinson Middle School
  • Fairfield Warde High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,914

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1728
  • Public Record Living Room Sq Ft: 1728
  • Total Sq Ft: 1728
  • Year Built: 1910
  • Nearby Amenities: Basketball Court, Commuter Bus, Golf Course, Health Club, Library, Park, Shopping/Mall
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2960
  • Tax Year Updated Dt: 08/02/2021
  • Directions: Jennigs Rd to Grace St
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Partial With Hatchway
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1
  • Driveway Type: Private

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 30 Gallon Tank, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.1700
  • Lot Description: On Cul-De-Sac, Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: B

Multi Family

  • Unit Count: 2
  • Total Multi Family: 9
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 6914
  • Mil Rate Base: 26.980
  • Assessor Parcel Number: 124068

MLS Schools

  • Elementary School: McKinley
  • Middle Jr High School: Tomlinson
  • High School: Fairfield Warde

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Sep 2, 2021
Sold by
Hofmiller Elaine M
Bought by
Veliz Herbert and Veliz Lilian C
Seller's Agent
Amie Belile
William Raveis Real Estate
Buyer's Agent
John Shea
William Raveis Real Estate
List Price
$399,900
Sold Price
$385,000
Premium/Discount to List
-$14,900
-3.73%
Current Estimated Value
$554,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,608
Avg. Annual Appreciation
8.95%
Original Mortgage
$288,750
Outstanding Balance
$262,349
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$292,259
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
Veliz Herbert $385,000 None Available
Veliz Herbert $385,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veliz Herbert $288,750
Closed Veliz Herbert $288,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2021 09/02/21 Sold $385,000 -3.7% $223 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $399,900 0.0% $231 / Sq Ft
06/12/2014 06/12/14 Rented $1,300 0.0% --
05/13/2014 05/13/14 Under Contract -- -- --
02/21/2014 02/21/14 For Rent $1,300 -- --
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 $7,276 $256,270 $178,290 $77,980
2024 $7,150 $256,270 $178,290 $77,980
2023 $7,050 $256,270 $178,290 $77,980
2022 $6,981 $256,270 $178,290 $77,980
2021 $6,914 $256,270 $178,290 $77,980
2020 $5,977 $223,090 $148,540 $74,550
2019 $5,977 $223,090 $148,540 $74,550
2018 $5,881 $223,090 $148,540 $74,550
2017 $5,760 $223,090 $148,540 $74,550
2016 $5,678 $223,090 $148,540 $74,550
2015 $5,324 $214,760 $154,350 $60,410
2014 $5,240 $214,760 $154,350 $60,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170417760

SmartMLS

APN: FAIR-000079-000000-000509