465 Edward St Fairfield, CT 06824
Fairfield Beach NeighborhoodEstimated payment $14,388/month
Highlights
- Tennis Courts
- Covered Deck
- Attic
- Roger Sherman Elementary School Rated A
- Property is near public transit
- 3-minute walk to Veterans Park
About This Home
Extremely rare opportunity to own a side-by-side, Colonial style duplex with over 4400sqft in total and 10 bedrooms-in the heart of the Fairfield beach area. The home is currently rented each academic year through May 2028. Cap spreadsheet is in attachments, illustrating the very positive income flow. Academic rental $19,000-$21,000 per month for entire house. Converting to a 10-month lease after May 2028, currently 9-month with summer furnished available for rent. It is a perfect distance from beach and town, centrally located to all that Fairfield has to offer. The property and home offer a multitude of options, it can remain an academic and summer furnished rental, it can be converted to a single family, survey and elevation certificate available for new construction or live in one side and rent or have family on the other side. Truly a turn-key, easy investment for long term!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,696
Year Built
- Built in 1961
Lot Details
- 9,148 Sq Ft Lot
Home Design
- Side-by-Side
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Ridge Vents on the Roof
- Vinyl Siding
Interior Spaces
- 4,403 Sq Ft Home
- French Doors
Bedrooms and Bathrooms
- 10 Bedrooms
Attic
- Storage In Attic
- Unfinished Attic
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Basement Storage
Parking
- 4 Parking Spaces
- Parking Deck
- Private Driveway
Outdoor Features
- Tennis Courts
- Covered Deck
- Rain Gutters
Location
- Flood Zone Lot
- Property is near public transit
- Property is near shops
- Property is near a golf course
Schools
- Roger Sherman Elementary School
- Roger Ludlowe Middle School
- Fairfield Ludlowe High School
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Heating System Uses Natural Gas
- Hot Water Circulator
Listing and Financial Details
- Assessor Parcel Number 132429
Community Details
Recreation
- Bocce Ball Court
Additional Features
- 2 Units
- Public Transportation
Map
Home Values in the Area
Average Home Value in this Area
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 | $20,696 | $728,980 | $302,190 | $426,790 |
| 2024 | $20,339 | $728,980 | $302,190 | $426,790 |
| 2023 | $20,006 | $727,230 | $302,190 | $425,040 |
| 2022 | $19,810 | $727,230 | $302,190 | $425,040 |
| 2021 | $19,621 | $727,230 | $302,190 | $425,040 |
| 2020 | $15,871 | $592,410 | $302,330 | $290,080 |
| 2019 | $15,871 | $592,410 | $302,330 | $290,080 |
| 2018 | $15,616 | $592,410 | $302,330 | $290,080 |
| 2017 | $15,296 | $592,410 | $302,330 | $290,080 |
| 2016 | $15,077 | $592,410 | $302,330 | $290,080 |
| 2015 | $13,702 | $552,720 | $335,160 | $217,560 |
| 2014 | $13,486 | $552,720 | $335,160 | $217,560 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/20/2025 07/20/25 | Price Changed | $11,500 | 0.0% | $5 / Sq Ft |
| 07/15/2025 07/15/25 | For Sale | $2,398,000 | 0.0% | $545 / Sq Ft |
| 05/13/2025 05/13/25 | Price Changed | $9,500 | -17.4% | $4 / Sq Ft |
| 04/22/2025 04/22/25 | For Rent | $11,500 | 0.0% | -- |
| 08/23/2023 08/23/23 | Sold | $1,560,000 | +20.0% | $354 / Sq Ft |
| 08/03/2023 08/03/23 | Pending | -- | -- | -- |
| 07/19/2023 07/19/23 | For Sale | $1,300,000 | -- | $295 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,560,000 | None Available | |
| Warranty Deed | $1,560,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,170,000 | Purchase Money Mortgage | |
| Closed | $1,170,000 | Purchase Money Mortgage | |
| Previous Owner | $253,600 | No Value Available | |
| Previous Owner | $125,000 | No Value Available | |
| Previous Owner | $265,500 | No Value Available | |
| Previous Owner | $265,000 | No Value Available |
Source: SmartMLS
MLS Number: 24110084
APN: FAIR-000183-000000-000013
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