Seller's Agent in 2022
Melissa Montagno
Higgins Group Real Estate
(203) 887-1340
4 in this area
118 Total Sales
40 Beacon View Dr Fairfield, CT 06825
Tunxis Hill NeighborhoodEstimated Value: $589,052 - $707,000
4
Beds
2
Baths
1,440
Sq Ft
$450/Sq Ft
Est. Value
Highlights
- Beach Access
- Deck
- Attic
- Mckinley Elementary School Rated A-
- Property is near golf course, public transit, and shops
- No HOA
About This Home
As of May 2022Incredible multi-family opportunity! Amazing for owner occupancy or full rental investment property. This renovated side by side 2 family ranch style home offers many options either for passive rental income for your portfolio, or offers possibility to expand and increase rental income. It is possible with 2nd floor addition to convert each unit to condo and sell either unit individually. Such a spectacular value for this home in a desirable neighborhood in Fairfield. The left side unit has been completely renovated and ready to rent. Each unit offers 2 spacious bedrooms, 1 full bathroom, in unit washer and dryer, and the left unit has a great attic space for added storage. There is an additional flex room in each unit that can be used as an office, nursery or large closet. With convenient dual driveways, a great private back yard and large deck and patio space, this is truly a unique opportunity on a quiet street. The right side unit is currently occupied by long term tenant, this is currently below market rent and can offer a much higher rent upon new ownership and updated lease. The renovated left unit is READY TO RENT & offers beautiful refinished hardwood floors throughout, bright energy efficient windows, newer roof, water heater, and stainless steel appliances. Conveniently located 5 minutes from shopping, schools, Train to NYC, & downtown Fairfield amenities, this property truly is the perfect investment opportunity in the best location. Expand or just collect!
Last Agent to Sell the Property
Higgins Group Real Estate License #RES.0816116 Listed on: 03/25/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,531
Year Built
- Built in 1942
Lot Details
- 9,583 Sq Ft Lot
- Level Lot
Home Design
- Side-by-Side
- Brick Exterior Construction
- Slab Foundation
- Frame Construction
- Asphalt Shingled Roof
- Masonry Siding
Interior Spaces
- 1,440 Sq Ft Home
- Crawl Space
- Pull Down Stairs to Attic
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- Parking Deck
- Driveway
- Paved Parking
Outdoor Features
- Beach Access
- Public Water Access
- Deck
- Patio
Location
- Property is near golf course, public transit, and shops
Schools
- Mckinley Elementary School
- Tomlinson Middle School
- Fairfield Warde High School
Utilities
- Central Air
- Heating System Uses Gas
- Heating System Uses Natural Gas
- Gas Available at Street
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Public Transportation
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 17, 2024
Sold by
Carias Jean-Carlos L and Ahmed Tanbir
Bought by
Berisha Vilma and Berisha Mike
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Outstanding Balance
$480,806
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$166,707
Purchase Details
Listed on
Mar 25, 2022
Closed on
May 9, 2022
Sold by
Schettino Joseph and Schettino Sally
Bought by
Carias Jean-Carlos L
Seller's Agent
Melissa Montagno
Higgins Group Real Estate
Buyer's Agent
Jennifer Henry
Keller Williams Prestige Prop.
List Price
$499,000
Sold Price
$525,000
Premium/Discount to List
$26,000
5.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Original Mortgage
$507,478
Interest Rate
4.67%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 13, 2020
Sold by
Schettino Joseph
Bought by
Schettino Joseph and Schettino Sally
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 24, 2002
Sold by
Gaucher James R
Bought by
Schettino Joseph
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Berisha Vilma | $650,000 | None Available | |
| Berisha Vilma | $650,000 | None Available | |
| Berisha Vilma | $650,000 | None Available | |
| Carias Jean-Carlos L | $525,000 | None Available | |
| Carias Jean-Carlos L | $525,000 | None Available | |
| Carias Jean-Carlos L | $525,000 | None Available | |
| Schettino Joseph | -- | None Available | |
| Schettino Joseph | -- | None Available | |
| Schettino Joseph | $269,000 | -- | |
| Schettino Joseph | $269,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Berisha Vilma | $487,500 | |
| Closed | Berisha Vilma | $487,500 | |
| Previous Owner | Carias Jean-Carlos L | $507,478 | |
| Previous Owner | Schettino Joseph | $225,000 | |
| Previous Owner | Schettino Joseph | $194,881 | |
| Previous Owner | Schettino Joseph | $241,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/09/2022 05/09/22 | Sold | $525,000 | +5.2% | $365 / Sq Ft |
| 03/25/2022 03/25/22 | For Sale | $499,000 | -- | $347 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $6,872 | $242,060 | $183,610 | $58,450 |
| 2024 | $6,753 | $242,060 | $183,610 | $58,450 |
| 2023 | $6,659 | $242,060 | $183,610 | $58,450 |
| 2022 | $6,594 | $242,060 | $183,610 | $58,450 |
| 2021 | $6,531 | $242,060 | $183,610 | $58,450 |
| 2020 | $5,324 | $198,730 | $153,020 | $45,710 |
| 2019 | $5,324 | $198,730 | $153,020 | $45,710 |
| 2018 | $5,239 | $198,730 | $153,020 | $45,710 |
| 2017 | $5,131 | $198,730 | $153,020 | $45,710 |
| 2016 | $5,058 | $198,730 | $153,020 | $45,710 |
| 2015 | $4,991 | $201,320 | $154,280 | $47,040 |
| 2014 | $4,912 | $201,320 | $154,280 | $47,040 |
Source: Public Records
Agents Affiliated with this Home
-
Melissa Montagno
-
Julie Vanderblue
Seller Co-Listing Agent in 2022
Julie Vanderblue
Higgins Group Real Estate
(475) 471-0636
5 in this area
187 Total Sales
-
Jennifer Henry
Buyer's Agent in 2022
Jennifer Henry
Keller Williams Prestige Prop.
(203) 561-2951
2 in this area
37 Total Sales
Map
Source: SmartMLS
MLS Number: 170476686
APN: FAIR-000044-000000-000099
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