NOT LISTED FOR SALE

41 Summitt Ave Norwalk, CT 06854

Brookside Neighborhood

Estimated Value: $867,316 - $960,000

6 Beds
6 Baths
3,024 Sq Ft
$307/Sq Ft Est. Value

Last Sold December 03, 2019

Last sale price $720,000 $238 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,961/month

120 Days on Market

Highlights

  • Beach Access
  • Property is near public transit
  • No HOA
  • Brien Mcmahon High School Rated A-
  • Attic
  • Home Security System

About This Home

As of December 2019

Here is your chance to live in one and rent the other or use as an investment opportunity. Beautiful duplex, each side offers 3 bedrooms, 2.5 baths, 2 car garages, plenty of storage, deck off kitchen for grilling. Each unit is open and uniquely customized, wide plank wood floors & hardwood floors, high ceilings, skylights, custom kitchen cabinetry, large walk-in closets in the master bedrooms, central air, stainless steel appliances(unit A), granite counters, crown molding (unit A).

Potential rent is 6100-6800 a month, great cap rate. Currently occupied by owners.

Last Agent to Sell the Property

Kit Tingley

Higgins Group Bedford Square License #RES.0807407 Listed on: 06/24/2019

Higgins Group Bedford Square

Co-Listed By

Monica Osorio

Realty ONE Group Connect License #RES.0788735

Last Buyer's Agent

Joelle Malec

William Raveis Real Estate License #RES.0790349

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,900

Year Built

  • Built in 1995

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,024 Sq Ft Home
  • Garage Access
  • Home Security System
  • Attic

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 4 Car Garage
  • Basement Garage
  • Tuck Under Garage

Outdoor Features

  • Beach Access

Location

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,900

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Neighborhood: SONO
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 3024
  • Public Record Living Room Sq Ft: 3024
  • Total Sq Ft: 3024
  • Year Built: 1995
  • Nearby Amenities: Golf Course, Library, Private School(s), Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Remarks Public Addendum: units have separate utilities, water is shared
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 3261
  • Tax Year Updated Dt: 09/09/2019
  • Directions: Couch st to Summitt ave
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 6.00
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement Description: Garage Access
  • Laundry Room Info: Washer/Dryer Some Units
  • Attic: Yes
  • Home Automation: Security System

Exterior Features

  • 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: Under House Garage
  • Garages Number: 4

Utilities

  • Cooling System: Central Air
  • Heat Type: Gas on Gas, Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 50 Gallon Tank, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1400
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: C

Multi Family

  • Unit Count: 2
  • Total Multi Family: 12
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 7900
  • Mil Rate Base: 21.390
  • Mil Rate Tax District: 1.925
  • Assessor Parcel Number: 233087

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2019
Closed on
Nov 25, 2019
Sold by
Palotto Maria
Bought by
Lemes Ann
Seller's Agent
Kit Tingley
Higgins Group Bedford Square
Buyer's Agent
Joelle Malec
William Raveis Real Estate
List Price
$902,500
Sold Price
$720,000
Premium/Discount to List
-$182,500
-20.22%
Current Estimated Value
$928,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,079
Avg. Annual Appreciation
4.31%
Original Mortgage
$576,000
Outstanding Balance
$507,827
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$420,252

Purchase Details

Closed on
May 26, 2000
Sold by
Dattilo Giuseppe and Dattilo Claudia
Bought by
Piazza-Palotto Joseph and Palotto Maria

Purchase Details

Closed on
Mar 16, 1995
Sold by
Esposito Enlio
Bought by
Dattilo Guiseppe
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
Lemes Ann $720,000 None Available
Lemes Ann $720,000 None Available
Piazza-Palotto Joseph $335,000 --
Dattilo Guiseppe $53,000 --
Piazza-Palotto Joseph $335,000 --
Dattilo Guiseppe $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemes Ann $576,000
Closed Lemes Ann $576,000
Previous Owner Dattilo Guiseppe $158,000
Previous Owner Dattilo Guiseppe $192,565
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2019 12/03/19 Sold $720,000 -9.8% $238 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
09/06/2019 09/06/19 Price Changed $798,000 -10.2% $264 / Sq Ft
07/29/2019 07/29/19 Price Changed $889,000 -1.5% $294 / Sq Ft
06/24/2019 06/24/19 For Sale $902,500 -- $298 / 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 $12,945 $541,640 $131,040 $410,600
2024 $12,753 $541,640 $131,040 $410,600
2023 $8,500 $338,850 $90,090 $248,760
2022 $8,317 $338,850 $90,090 $248,760
2021 $8,122 $338,850 $90,090 $248,760
2020 $8,117 $338,850 $90,090 $248,760
2019 $7,900 $338,850 $90,090 $248,760
2018 $7,622 $286,500 $80,990 $205,510
2017 $7,358 $286,500 $80,990 $205,510
2016 $7,289 $286,500 $80,990 $205,510
2015 $7,269 $286,500 $80,990 $205,510
2014 $7,174 $286,500 $80,990 $205,510
Source: Public Records

Agents Affiliated with this Home

  • Kit Tingley

    Seller's Agent in 2019

    Kit Tingley

    Higgins Group Bedford Square

    (203) 524-0160

    12 Total Sales

    Kit Tingley
    Section Image
  • Monica Osorio

    Seller Co-Listing Agent in 2019

    Monica Osorio

    Realty ONE Group Connect

    (203) 943-8831

    1 in this area

    52 Total Sales

    Monica Osorio
    Section Image
  • Joelle Malec

    Buyer's Agent in 2019

    Joelle Malec

    William Raveis Real Estate

    (203) 209-1131

    23 Total Sales

    Joelle Malec
    Section Image
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Map

Source: SmartMLS

MLS Number: 170209752

SmartMLS

APN: NORW-000002-000031-000015

Connecticut Fairfield County Norwalk 06854 Brookside

41 Summitt Ave, Norwalk, CT

Not Listed for Sale

MultiFamily

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