NOT LISTED FOR SALE

408 Silver Creek Ln Unit 408 Norwalk, CT 06850

Broad River Neighborhood

Estimated Value: $1,058,000 - $1,279,000

3 Beds
2.5 Baths
3,351 Sq Ft
1984 Built

Last Sold June 26, 2015

Last sale price $550,000 $164 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $7,239/month

18 Days on Market

Highlights

  • Beach Access
  • Pool House
  • Deck
  • Home fronts a sound
  • Gated Community
  • Contemporary Architecture

About This Home

As of June 2015

Ease of condo living meets privacy of single family home in this sunny, spacious unit in “The Falls” area of Silvermine. Soaring two-story living room with dramatic floor-to-ceiling window is the centerpiece of this airy home. Open floor plan with an updated kitchen, huge lower level with plumbing for full bath, master suite with vaulted ceiling, two car garage, lots of storage. Residents enjoy access to private swimming pool, pool house, kitchen and grill for entertaining. Incredible value for amount of space.

Last Agent to Sell the Property

Amanda Bryan

Compass Connecticut, LLC License #RES.0787038 Listed on: 04/28/2015

Compass Connecticut, LLC

Last Buyer's Agent

Dody Whitehurst

William Raveis Real Estate License #RES.0725491

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,006

Year Built

  • Built in 1984

Lot Details

  • Home fronts a sound
  • End Unit
  • Sprinkler System

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Entrance Foyer
  • Finished Basement
  • Basement Storage

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom Rough-In

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck

Pool

  • Pool House
  • In Ground Pool
  • Pool Alarm

Outdoor Features

  • Beach Access
  • Deck

Utilities

  • Central Air
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include grounds maintenance, hot water, insurance, pool service
  • 4 Units
  • The Falls Community
  • Planned Unit Development

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,006

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Neighborhood: Silvermine
  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Contemporary
  • Sq Ft Est Heated Above Grade: 2838
  • Public Record Living Room Sq Ft: 2689
  • Sq Ft Est Heated Below Grade: 513
  • Total Sq Ft: 3351
  • Year Built: 1984
  • Nearby Amenities: Pool
  • Association Amenities: Pool
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4795
  • Directions: Silvermine Ave to James St to Silver Creek
  • Special Features: None

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Fully Finished, Storage
  • Appliances: Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
  • Additional Rooms: Foyer, Laundry Room, Roughed-In Bath
  • Laundry Room Location: 2nd floor
  • Attic: No

Exterior Features

  • Exterior Features: Deck, Underground Sprinkler
  • Exterior Siding: Wood
  • Waterfront Description: Beach Rights, L. I. Sound Frontage
  • Swimming Pool: Yes
  • Pool: Alarm, In Ground Pool, Pool House
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, Under House Garage
  • Garages Number: 2

Utilities

  • Cooling System: Central Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Hot Water, Insurance, Pool Service
  • Complex Name: The Falls
  • HOA Fees: 500
  • HOA: Yes

Lot Info

  • Zoning: A2
  • Property Info: Gated Community, Planned Unit Development

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 10006
  • Assessor Parcel Number: 245559

Multi Family

  • Total Num Of Units: 4

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2015
Closed on
Jun 29, 2015
Sold by
Lewis Zyville
Bought by
Whitehurst William and Whitehurst Nancy
Seller's Agent
Amanda Bryan
Compass Connecticut, LLC
Buyer's Agent
Dody Whitehurst
William Raveis Real Estate
List Price
$649,000
Sold Price
$550,000
Premium/Discount to List
-$99,000
-15.25%
Current Estimated Value
$1,126,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$576,295
Avg. Annual Appreciation
7.54%
Original Mortgage
$250,000
Outstanding Balance
$194,252
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$983,619

Purchase Details

Closed on
Sep 8, 2005
Sold by
Chiappetta Lawrence F and Chiappetta Mary E
Bought by
Lewis Zyvile E

Purchase Details

Closed on
Jul 11, 1991
Sold by
Empire Ent Inc
Bought by
Watanabe Milsutomo and Watanabe Karen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Whitehurst William -- --
Whitehurst William -- --
Lewis Zyvile E $886,000 --
Lewis Zyvile E $886,000 --
Watanabe Milsutomo $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watanabe Milsutomo $250,000
Closed Watanabe Milsutomo $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2015 06/26/15 Sold $550,000 -15.3% $164 / Sq Ft
05/27/2015 05/27/15 Pending -- -- --
04/28/2015 04/28/15 For Sale $649,000 -- $194 / 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 $15,989 $673,500 $0 $673,500
2024 $15,743 $673,500 $0 $673,500
2023 $10,885 $436,000 $0 $436,000
2022 $10,714 $436,000 $0 $436,000
2021 $9,117 $436,000 $0 $436,000
2020 $10,292 $436,000 $0 $436,000
2019 $10,162 $436,000 $0 $436,000
2018 $11,610 $447,740 $0 $447,740
2017 $11,204 $447,740 $0 $447,740
2016 $10,463 $411,290 $0 $411,290
2015 $9,398 $411,290 $0 $411,290
2014 -- $411,290 $0 $411,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 99101894

SmartMLS

APN: NORW-000005-000043-000043-000408