NOT LISTED FOR SALE

48 Lockwood Ave Stamford, CT 06902

East Side Stamford Neighborhood

Estimated Value: $976,000 - $1,154,000

8 Beds
4 Baths
3,131 Sq Ft
$338/Sq Ft Est. Value

Last Sold September 17, 2020

Last sale price $720,000 $230 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $6,600/month

6 Days on Market

Highlights

  • Property is near public transit
  • 1 Car Detached Garage
  • Public Transportation
  • No HOA
  • Porch
  • Private Driveway

About This Home

As of September 2020

Great multifamily opportunity in Stamford, do not miss it! Income producing, fully rented month to month and updated. A great find to add to your real estate portfolio. Large parking lot, gas and electric meters separate for each unit .Close to parks, beaches and shopping centers.

Last Agent to Sell the Property

Nelly Patric Navarrete

Keller Williams Prestige Prop. License #RES.0780417 Listed on: 05/27/2020

Keller Williams Prestige Prop.

Last Buyer's Agent

Jeannie Kasindorf

Keller Williams Prestige Prop. License #RES.0761509

Keller Williams Prestige Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,165

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Detached Garage
  • Private Driveway

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Toquam Magnet Elementary School
  • Rippowam Middle School
  • Stamford High School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,165

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: Cove
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2524
  • Public Record Living Room Sq Ft: 2526
  • Sq Ft Est Heated Below Grade: 607
  • Total Sq Ft: 3131
  • Year Built: 1920
  • Nearby Amenities: Park, Private Rec Facilities, Public Transportation, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 3775
  • Tax Year Updated Dt: 07/27/2020
  • Directions: Route 1 to Lockwood
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Description: Full, Full With Walk-Out
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Paved
  • Garages Number: 1
  • Driveway Type: Private

Utilities

  • Heat Type: Gas on Gas
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water In Street
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1700
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: R5

Multi Family

  • Unit Count: 4
  • Total Multi Family: 12
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 10165
  • Mil Rate Base: 25.330
  • Mil Rate Tax District: 1.020
  • Assessor Parcel Number: 314565

MLS Schools

  • Elementary School: Toquam Magnet
  • Middle Jr High School: Rippowam
  • High School: Stamford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Sep 16, 2020
Sold by
Cabello Marcelino
Bought by
Fernandez Francisco A
Seller's Agent
Nelly Patric Navarrete
Keller Williams Prestige Prop.
Buyer's Agent
Jeannie Kasindorf
Keller Williams Prestige Prop.
List Price
$720,000
Sold Price
$720,000
Current Estimated Value
$1,059,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,721
Avg. Annual Appreciation
7.69%
Original Mortgage
$706,959
Outstanding Balance
$626,216
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$433,505

Purchase Details

Closed on
Dec 15, 2005
Sold by
Alfaro Gianinna
Bought by
Cabello Marcelino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2004
Sold by
Bradford Thomas and Bradford Luticia
Bought by
Alfaro Gianinno
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
Fernandez Francisco A $720,000 None Available
Fernandez Francisco A $720,000 None Available
Cabello Marcelino $750,000 --
Cabello Marcelino $750,000 --
Alfaro Gianinno $412,000 --
Alfaro Gianinno $412,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Francisco A $706,959
Closed Fernandez Francisco A $706,959
Previous Owner Alfaro Gianinno $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2020 09/17/20 Sold $720,000 0.0% $230 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $720,000 -- $230 / 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 $12,506 $522,820 $207,540 $315,280
2024 $12,213 $522,820 $207,540 $315,280
2023 $13,196 $522,820 $207,540 $315,280
2022 $10,481 $385,770 $150,420 $235,350
2021 $10,393 $385,770 $150,420 $235,350
2020 $10,165 $385,770 $150,420 $235,350
2019 $10,162 $385,640 $150,420 $235,220
2018 $9,845 $385,640 $150,420 $235,220
2017 $7,760 $288,580 $117,710 $170,870
2016 $7,538 $288,580 $117,710 $170,870
2015 $7,339 $288,580 $117,710 $170,870
2014 $7,154 $288,580 $117,710 $170,870
Source: Public Records

Agents Affiliated with this Home

  • Nelly Patric Navarrete

    Seller's Agent in 2020

    Nelly Patric Navarrete

    Keller Williams Prestige Prop.

    (203) 249-4077

    10 in this area

    107 Total Sales

    Nelly Patric Navarrete
    Section Image

  • J

    Buyer's Agent in 2020

    Jeannie Kasindorf

    Keller Williams Prestige Prop.

    (203) 918-8174

    7 in this area

    147 Total Sales

    Jeannie Kasindorf
    Section Image
  • Todd Auslander

    Buyer Co-Listing Agent in 2020

    Todd Auslander

    Keller Williams Prestige Prop.

    (203) 918-8174

    8 in this area

    233 Total Sales

    Todd Auslander
    Section Image
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Map

Source: SmartMLS

MLS Number: 170298562

SmartMLS

APN: STAM-000000-000000-002186

Connecticut Fairfield County Stamford 06902 East Side Stamford

48 Lockwood Ave, Stamford, CT

Not Listed for Sale

MultiFamily

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