NOT LISTED FOR SALE

38 Lockwood Ave Stamford, CT 06902

East Side Stamford Neighborhood

Estimated Value: $1,064,000 - $1,325,000

9 Beds
7 Baths
4,014 Sq Ft
$294/Sq Ft Est. Value

Last Sold October 10, 2022

Last sale price $700,000 $174 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $7,540/month

19 Days on Market

Highlights

  • City View
  • No HOA
  • Porch
  • Property is near public transit
  • Thermal Windows
  • French Doors

About This Home

As of October 2022

Tremendous opportunity for contractor/developer or investor. This property was in the process of a rebuild. Great potential rental income. Large 3 family house with side-by-side townhouse style upper apartments each featuring 3 bedrooms, 1.5 bathroom open floor plan. Living, dining and kitchen with laundry hook-ups. The 1st. floor apartment commands the main level and lower level with a potential 3 bedrooms, 2.5 bathrooms. The main level apartment features a potential master bedroom with a full bath, walk-in closet, and open concept living room, dining room and kitchen. The 1st. floor apartment also includes a potential lower-level bedroom with full bath, walk-in closet, den and a full walk out private entrance. New drywall, plumbing, electrical... add your finishing touch. This property requires completion prior to any occupancy. This property is sold "AS IS WHERE IS". BUYERS DO YOUR OWN DUE DILLIGENCE PRIOR TO PRESENTING YOUR OFFERS.

Last Agent to Sell the Property

Tony Barnes

BHGRE Shore & Country License #RES.0768981 Listed on: 07/11/2022

BHGRE Shore & Country

Last Buyer's Agent

Mustak Ahmed

BHGRE Shore & Country License #RES.0766324

BHGRE Shore & Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,531

Year Built

  • Built in 1900 | Under Construction

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 4,014 Sq Ft Home
  • Thermal Windows
  • French Doors
  • City Views
  • Partially Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 9 Bedrooms

Outdoor Features

  • Exterior Lighting
  • Porch

Location

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

Utilities

  • Baseboard Heating
  • No Hot Water

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,531

Year Built

Built in 1900 | Under Construction

Lot Details

0

Listing Details

  • Neighborhood: Cove
  • Property Type: Multi-Family For Sale
  • Style: 3sides - Units Are Side-by-Side
  • Sq Ft Est Heated Above Grade: 4014
  • Public Record Living Room Sq Ft: 4014
  • Total Sq Ft: 4014
  • Year Built: 1900
  • New Construction: Under Construction
  • Nearby Amenities: Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5797
  • Directions: GPS friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 7.00
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Basement Description: Partially Finished, Walk-out
  • Laundry Room Location: each unit
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No

Exterior Features

  • Exterior Features: French Doors, Lighting, Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: No Hot Water
  • Water Source: Public Water In Street
  • Sewer: Public Sewer In Street

Condo/Co-op/Association

  • HOA: No

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.1300
  • Lot Description: City Views, Level Lot
  • Flood Zone: No
  • Zoning: R5

Multi Family

  • Unit Count: 3
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 10531
  • Mil Rate Base: 26.330
  • Mil Rate Tax District: 0.840
  • Assessor Parcel Number: 332462

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2023
Sold by
Nabi Mustaque
Bought by
38 Lockwood Ave Llc
Current Estimated Value
$1,180,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$635,189
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$545,557

Purchase Details

Listed on
Jul 11, 2022
Closed on
Oct 7, 2022
Sold by
Kouskousoglou Voula
Bought by
Nabi Mustaque
Seller's Agent
Tony Barnes
BHGRE Shore & Country
Buyer's Agent
Mustak Ahmed
BHGRE Shore & Country
List Price
$650,000
Sold Price
$700,000
Premium/Discount to List
$50,000
7.69%
Views
89

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.99%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
38 Lockwood Ave Llc $1,000,000 None Available
38 Lockwood Ave Llc $1,000,000 None Available
Nabi Mustaque $700,000 None Available
Nabi Mustaque $700,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 38 Lockwood Ave Llc $650,000
Closed 38 Lockwood Ave Llc $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2022 10/10/22 Sold $700,000 +7.7% $174 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $650,000 -- $162 / 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 $15,943 $666,530 $186,840 $479,690
2024 $15,570 $666,530 $186,840 $479,690
2023 $12,959 $513,440 $186,840 $326,600
2022 $10,531 $387,590 $135,410 $252,180
2021 $5,545 $205,820 $135,410 $70,410
2020 $5,423 $205,820 $135,410 $70,410
2019 $5,423 $205,820 $135,410 $70,410
2018 $4,882 $191,210 $135,410 $55,800
2017 $5,842 $217,260 $105,950 $111,310
2016 $5,675 $217,260 $105,950 $111,310
2015 $5,525 $217,260 $105,950 $111,310
2014 $5,386 $217,260 $105,950 $111,310
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Tony Barnes

    BHGRE Shore & Country

    Section Image
  • Mustak Ahmed

    Buyer's Agent in 2022

    Mustak Ahmed

    BHGRE Shore & Country

    (203) 570-3558

    5 in this area

    67 Total Sales

    Mustak Ahmed
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170507482

SmartMLS

APN: STAM-000002-000000-002395

Connecticut Fairfield County Stamford 06902 East Side Stamford

38 Lockwood Ave, Stamford, CT

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes