NOT LISTED FOR SALE

45 Sterling St Fairfield, CT 06825

Tunxis Hill Neighborhood

Estimated Value: $742,000 - $811,919

6 Beds
2 Baths
2,392 Sq Ft
$324/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $750,000 $314 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,850/month

3 Days on Market

Highlights

  • Above Ground Pool
  • 0.47 Acre Lot
  • Partially Wooded Lot
  • Mckinley Elementary School Rated A-
  • Property is near public transit and shops
  • Attic

About This Home

As of August 2024

A rare opportunity presents itself with this expansive lot, offering the potential to construct or rehabilitate a two-family duplex dwelling. Situated in the Res B-zone, this property holds immense investment potential. The oversized lot has a unique position, backing up to the paper road on Grace Street. This legal two-family dwelling is being sold 'As-Is,' providing a blank canvas for investors or those seeking a renovation project. Ideal for cash buyers or those utilizing a 203k loan, this property will not qualify for a conventional mortgage. Conveniently close to RT.95, Fairfield Metro North, shopping and public transportation. Don't miss this great investment opportunity.

Last Agent to Sell the Property

Christine Howard

William Raveis Real Estate License #RES.0798049 Listed on: 05/14/2024

William Raveis Real Estate

Last Buyer's Agent

Shamsher Lamba

Century 21 Scala Group License #RES.0818174

Century 21 Scala Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,158

Year Built

  • Built in 1956

Lot Details

  • 0.47 Acre Lot
  • Partially Wooded Lot

Home Design

  • Side-by-Side
  • Block Foundation
  • Asphalt Shingled Roof
  • Shingle Siding
  • Block Exterior

Interior Spaces

  • 2,392 Sq Ft Home
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Shared Basement
  • Crawl Space
  • Basement Storage

Parking

  • 2 Car Garage
  • Shared Driveway

Schools

  • Mckinley Elementary School
  • Tomlinson Middle School
  • Fairfield Warde High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Additional Features

  • Above Ground Pool
  • Property is near public transit and shops

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 118904

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,158

Year Built

Built in 1956

Lot Details

0.47 Acres

Listing Details

  • Neighborhood: Tunxis Hill
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2392
  • Total Sq Ft: 2392
  • Year Built: 1956
  • New Construction: No/Resale
  • Nearby Amenities: Commuter Bus, Health Club, Library, Medical Facilities, Park, Shopping/Mall
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Old Stratfield Road to Sterling Street
  • Financing Used: Cash
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Crawl Space, Access Via Hatch
  • Basement Description: Full, Unfinished, Shared Basement, Storage, Full With Walk-Out
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes

Exterior Features

  • Exterior Siding: Shingle
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: Yes
  • Pool: Above Ground Pool
  • Construction Description: Block

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Shared, Paved
  • Total Parking Spaces: 6
  • Garage And Parking: Attached Garage, Paved, Driveway

Utilities

  • Cooling System: None
  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.47
  • Lot Description: Lightly Wooded
  • Zoning: B
  • Parcel #: 118904

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 10158

MLS Schools

  • Elementary School: McKinley
  • Middle Jr High School: Tomlinson
  • High School: Fairfield Warde

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
Aug 9, 2024
Sold by
Mikos Stanley W and French Teresa
Bought by
Ar Housing Llc
Seller's Agent
Christine Howard
William Raveis Real Estate
Buyer's Agent
Shamsher Lamba
Century 21 Scala Group
List Price
$675,000
Sold Price
$750,000
Premium/Discount to List
$75,000
11.11%
Views
21
Current Estimated Value
$775,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,230
Avg. Annual Appreciation
2.10%
Original Mortgage
$875,500
Outstanding Balance
$863,981
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$88,751

Purchase Details

Closed on
Apr 24, 2024
Sold by
Mikos John F
Bought by
Mikos Stanley W

Purchase Details

Closed on
Oct 3, 2023
Sold by
Mikos Phyllis A and French Teresa
Bought by
French Teresa and Mikos Stanley W

Purchase Details

Closed on
May 3, 2017
Sold by
Dohn Bernice M
Bought by
Mikos Phyllis A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ar Housing Llc $750,000 None Available
Ar Housing Llc $750,000 None Available
Mikos Stanley W $89,803 None Available
Mikos Stanley W $89,803 None Available
Mikos Stanley W $89,803 None Available
French Teresa -- None Available
French Teresa -- None Available
French Teresa -- None Available
Mikos Phyllis A -- --
Mikos Phyllis A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ar Housing Llc $875,500
Closed Ar Housing Llc $875,500
Previous Owner Mikos Phyllis A $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2024 08/09/24 Sold $750,000 +11.1% $314 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
05/14/2024 05/14/24 For Sale $675,000 -- $282 / Sq Ft
Source: SmartMLS

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 $10,336 $364,070 $228,760 $135,310
2024 $10,158 $364,070 $228,760 $135,310
2023 $10,016 $364,070 $228,760 $135,310
2022 $9,917 $364,070 $228,760 $135,310
2021 $9,823 $364,070 $228,760 $135,310
2020 $8,114 $302,890 $190,680 $112,210
2019 $8,114 $302,890 $190,680 $112,210
2018 $7,984 $302,890 $190,680 $112,210
2017 $7,821 $302,890 $190,680 $112,210
2016 $7,709 $302,890 $190,680 $112,210
2015 $7,582 $305,830 $191,520 $114,310
2014 $7,462 $305,830 $191,520 $114,310
Source: Public Records

Agents Affiliated with this Home

  • Christine Howard

    Seller's Agent in 2024

    Christine Howard

    William Raveis Real Estate

    (646) 239-5676

    1 in this area

    47 Total Sales

    Christine Howard
    Section Image

  • S

    Buyer's Agent in 2024

    Shamsher Lamba

    Century 21 Scala Group

    (646) 894-0944

    1 in this area

    14 Total Sales

    Shamsher Lamba
    Section Image
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Map

Source: SmartMLS

MLS Number: 24017399

SmartMLS

APN: FAIR-000040-000000-000410

Connecticut Fairfield County Fairfield 06825 Tunxis Hill

45 Sterling St, Fairfield, CT

Not Listed for Sale

MultiFamily

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