NOT LISTED FOR SALE

40 Grasmere Ave Fairfield, CT 06824

Fairfield Beach Neighborhood
10 Beds
6 Baths
4,179 Sq Ft
7,841 Sq Ft Lot

Last Sold December 29, 2014

Last sale price $701,250 $168 Per Sq Ft

46 Days on Market

Highlights

  • Water Views
  • Beach Access
  • Thermal Windows
  • Holland Hill Elementary Rated A
  • 24-Hour Security
  • Porch

About This Home

As of December 2014

Unique opportunity to own 2 Two Family buildings on one tax parcel! 100% Leased! Highlights: 1. Water views on Ash Creek for rear building. 2. Updated buildings with upgraded kitchens in rear building. 3. All new windows & security doors in both buildings 4. Garage in rear building 5. Rebuilt sea wall and fence in rear building 6. New roof on rear building 7. Off street parking for tenants 8. Low taxes! NOTE: Public records indicate ages of both buildings to be circa 1956. Owner estimates front building was built approximately 1918.

Last Agent to Sell the Property

Mark Markelz

William Raveis Real Estate License #REB.0433550 Listed on: 10/27/2014

William Raveis Real Estate

Last Buyer's Agent

Bonnie Paige

Brown Harris Stevens License #REB.0757431

Brown Harris Stevens

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,971

Year Built

  • Built in 1956

Lot Details

  • 7,841

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Masonry Siding
  • Vinyl Siding

Interior Spaces

  • 4,179 Sq Ft Home
  • Thermal Windows
  • Water Views

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Storage

Outdoor Features

  • Beach Access
  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Porch

Schools

  • Holland Hill Elementary School
  • Ffld Ludlowe High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • 7,841 Sq Ft Lot
  • Flood Zone Lot

Community Details

  • 4 Units
  • Gross Income $71,400
  • 24-Hour Security

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,971

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Neighborhood: Grasmere
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Sq Ft Est Heated Above Grade: 4179
  • Total Sq Ft: 4179
  • Year Built: 1956
  • Property Sub Type: 4 Family
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Post Road to Grasmere Avenue.
  • Special Features: None

Interior Features

  • Total Bedrooms: 10
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Basement Description: Full, Interior Access, Storage
  • Attic: No

Exterior Features

  • Exterior Features: Gutters, Lighting, Patio, Porch
  • Exterior Siding: Brick, Vinyl Siding
  • Foundation Type: Stone, Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights, Frontage, View, Direct Waterfront
  • Swimming Pool: No
  • Construction Description: Frame, Brick

Garage/Parking

  • Garage Parking Info: Attached Garage, Paved, Security
  • Garages Number: 1

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.1800
  • Lot Description: In Flood Zone, Water View, Fence - Partial
  • Zoning: B

Multi Family

  • Gross Annual Income: 71400
  • Unit Count: 4
  • Total Multi Family: 22
  • Total Num Of Units: 4
  • Total Unit Count: 4

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 7971
  • Assessor Parcel Number: 127174

MLS Schools

  • Elementary School: Holland Hill
  • Middle Jr High School: Per Board of Ed
  • High School: Ffld Ludlowe

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2014 12/29/14 Sold $701,250 -12.2% $168 / Sq Ft
11/29/2014 11/29/14 Pending -- -- --
10/27/2014 10/27/14 For Sale $799,000 -- $191 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mark Markelz

    Seller's Agent in 2014

    Mark Markelz

    William Raveis Real Estate

    (203) 668-3838

    3 in this area

    50 Total Sales

    Mark Markelz
    Section Image
  • Bonnie Paige

    Buyer's Agent in 2014

    Bonnie Paige

    Brown Harris Stevens

    (203) 331-7512

    2 in this area

    7 Total Sales

    Bonnie Paige
    Section Image
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Map

Source: SmartMLS

MLS Number: 99084453

SmartMLS

APN: FAIR M:130 L:241 X:

Connecticut Fairfield County Fairfield 06824 Fairfield Beach

40 Grasmere Ave, Fairfield, CT

Not Listed for Sale

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