NOT LISTED FOR SALE

48 Raymond Terrace Norwalk, CT 06855

East Norwalk Neighborhood

Estimated Value: $608,000 - $709,000

3 Beds
1.5 Baths
1,460 Sq Ft
$453/Sq Ft Est. Value

Last Sold June 07, 2023

Last sale price $475,000 $325 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,123/month

9 Days on Market

Highlights

  • Beach Access
  • Property is near public transit
  • 1 Fireplace
  • Colonial Architecture
  • Attic
  • 1-minute walk to Fitch Playground

About This Home

As of June 2023

A rare opportunity to live on one of East Norwalk's most sought-after streets. This charming 3 bedroom, 1.5 bath home is filled with character and natural light throughout. The main floor includes an expansive family room with a fireplace and french doors leading to the all-season sunroom. An arched doorway leads to the sun-filled dining room with a built-in hutch. The kitchen offers endless possibilities with a breakfast nook and access to the backyard. There is also a recently updated half bath on the first floor. Upstairs, you'll find the large primary bedroom, along with another recently updated full bathroom and two additional bedrooms. Hardwood floors throughout. The attic and basement offer extra storage space. Two-car detached garage and large driveways leaves plenty of room for cars. This highly desirable neighborhood is close to the train and beaches, plus shopping, dining and recreation in both SONO and Westport. Bring your vision and take advantage of the full potential this home has to offer.

Last Agent to Sell the Property

Brittany Ursini

eXp Realty License #RES.0808667 Listed on: 05/03/2023

eXp Realty

Co-Listed By

Christa Ursini

eXp Realty License #RES.0826801

Last Buyer's Agent

Meg Schwanhausser

Compass Connecticut, LLC License #RES.0819613

Compass Connecticut, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,141

Year Built

  • Built in 1940

Lot Details

  • 3,920

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Concrete Siding

Interior Spaces

  • 1,460 Sq Ft Home
  • 1 Fireplace
  • Concrete Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on lower level
  • Electric Dryer
  • Washer

Unfinished Basement

  • Interior Basement Entry
  • Basement Storage

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Private Driveway

Location

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

Schools

  • Marvin Elementary School
  • Nathan Hale Middle School
  • Norwalk High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Beach Access
  • 3,920 Sq Ft Lot

Community Details

  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 235527

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,141

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Neighborhood: East Norwalk
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1460
  • Total Sq Ft: 1460
  • Year Built: 1940
  • New Construction: No/Resale
  • Nearby Amenities: Commuter Bus, Medical Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2132
  • Directions: GPS Friendly. East Ave to Raymond Terrace. Note: Raymond Terrace is a one-way street.
  • Financing Used: Withheld
  • Living Area Sq Ft Per Public Record: 1460
  • Spec Assoc Asses: No
  • Street Type: Terrace
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Unfinished, Concrete Floor, Interior Access, Storage
  • Interior Amenities: Auto Garage Door Opener
  • Appliances: Gas Range, Microwave, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 48

Exterior Features

  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: Concrete

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Private, Paved
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: Window Unit
  • Heat Type: Steam
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: 50 Gallon Tank, Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Marvin
  • Middle School: Nathan Hale
  • High School: Norwalk

Lot Info

  • Acres: 0.09
  • Lot Description: Dry Cleared
  • Zoning: B
  • Parcel #: 235527

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 6141
  • Total Assessed Value: 250180
  • Mil Rate Total: 24.545

MLS Schools

  • Elementary School: Marvin
  • Middle Jr High School: Nathan Hale
  • High School: Norwalk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Jun 5, 2023
Sold by
Defranco Joseph C
Bought by
Fanali Michael V and Sullivan Monica E
Seller's Agent
Brittany Ursini
eXp Realty
Buyer's Agent
Meg Schwanhausser
Compass Connecticut, LLC
List Price
$400,000
Sold Price
$475,000
Premium/Discount to List
$75,000
18.75%
Views
329
Current Estimated Value
$628,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,008
Avg. Annual Appreciation
12.17%
Original Mortgage
$427,500
Outstanding Balance
$416,895
Interest Rate
6.35%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$193,195

Purchase Details

Closed on
Mar 19, 1979
Bought by
Defranco Joseph C
Source: Public Records

Range of Values:

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Average Value
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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
Fanali Michael V $475,000 None Available
Fanali Michael V $475,000 None Available
Fanali Michael V $475,000 None Available
Defranco Joseph C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fanali Michael V $427,500
Closed Fanali Michael V $427,500
Previous Owner Defranco Joseph C $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2023 06/07/23 Sold $475,000 +18.8% $325 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $400,000 -- $274 / 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 $8,407 $351,770 $157,840 $193,930
2024 $8,282 $351,770 $157,840 $193,930
2023 $6,276 $250,180 $122,430 $127,750
2022 $6,141 $250,180 $122,430 $127,750
2021 $5,997 $250,180 $122,430 $127,750
2020 $5,993 $250,180 $122,430 $127,750
2019 $5,833 $250,180 $122,430 $127,750
2018 $5,496 $206,560 $103,820 $102,740
2017 $5,305 $206,560 $103,820 $102,740
2016 $5,255 $206,560 $103,820 $102,740
2015 $5,240 $206,560 $103,820 $102,740
2014 $5,172 $206,560 $103,820 $102,740
Source: Public Records

Agents Affiliated with this Home

  • Brittany Ursini

    Seller's Agent in 2023

    Brittany Ursini

    eXp Realty

    (203) 253-5009

    1 in this area

    17 Total Sales

    Section Image

  • C

    Seller Co-Listing Agent in 2023

    Christa Ursini

    eXp Realty

  • Meg Schwanhausser

    Buyer's Agent in 2023

    Meg Schwanhausser

    Compass Connecticut, LLC

    (917) 693-3295

    1 in this area

    15 Total Sales

    Section Image
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Map

Source: SmartMLS

MLS Number: 170566797

SmartMLS

APN: NORW-000003-000013-000102

Connecticut Fairfield County Norwalk 06855 East Norwalk

48 Raymond Terrace, Norwalk, CT

This home is located at 48 Raymond Terrace, Norwalk, CT 06855 since 03 May 2023 and is currently estimated at $661,899, approximately $453 per square foot. This property was built in 1940. 48 Raymond Terrace is a home located in Fairfield County with nearby schools including Marvin Elementary School, Nathan Hale Middle School, and Norwalk High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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