Seller's Agent in 2019
Pam Roberts
William Pitt
(203) 249-7646
22 in this area
40 Total Sales
5 Park Ln Unit 5 & 7 Darien, CT 06820
Estimated Value: $1,359,000 - $2,082,000
6
Beds
2
Baths
2,774
Sq Ft
$600/Sq Ft
Est. Value
Highlights
- Cabana
- Deck
- Attic
- Holmes Elementary School Rated A
- Property is near public transit
- 2 Car Detached Garage
About This Home
As of September 2019Fantastic and rare investment opportunity in Darien. Located on a quaint private road, this legal two-family unit can bring rental income as much as $2,500/mo./per side, or $5,000 total (per recent appraisal, ask for more details). Can also be converted to single family home. The 2 units are side-by-side, each with comparable layouts, 3 bedrooms, 1 full bath, and about 1,400 SF. All mechanical systems and appliances are either new or in excellent condition - including 2 high-efficiency gas heating systems. Two separate one car garaged parking spaces on each side of the home. Also has in-ground yard sprinkler system. Can convert to a single family home, but the multi-family zoning will end.
Last Agent to Sell the Property
William Pitt Sotheby's Int'l License #RES.0783281 Listed on: 07/06/2019
Co-Listed By
Mitch Roberts
William Pitt Sotheby's Int'l License #RES.0792824
Last Buyer's Agent
William Pitt Sotheby's Int'l License #RES.0783281 Listed on: 07/06/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,495
Year Built
- Built in 1928
Lot Details
- 6,098 Sq Ft Lot
- Level Lot
- Sprinkler System
- Many Trees
- Garden
HOA Fees
- $19 Monthly HOA Fees
Home Design
- Side-by-Side
- Concrete Foundation
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Shingle Siding
Interior Spaces
- 2,774 Sq Ft Home
- Basement Fills Entire Space Under The House
- Storage In Attic
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Car Detached Garage
- Parking Deck
- Gravel Driveway
- Shared Driveway
- Off-Street Parking
Outdoor Features
- Cabana
- Deck
- Enclosed Patio or Porch
- Exterior Lighting
- Rain Gutters
Location
- Flood Zone Lot
- Property is near public transit
- Property is near a bus stop
Schools
- Holmes Elementary School
- Middlesex School
- Darien High School
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Heating System Uses Natural Gas
Community Details
Overview
- Association fees include snow removal, road maintenance
- 2 Units
Amenities
- Public Transportation
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 6, 2019
Closed on
Aug 22, 2019
Sold by
Dennis Robert and Dennis Lynn
Bought by
Uthiriaraj Dilip and Dhanasekaran Priya
Seller's Agent
Pam Roberts
William Pitt Sotheby's Int'l
Buyer's Agent
Pam Roberts
William Pitt Sotheby's Int'l
List Price
$800,000
Sold Price
$810,000
Premium/Discount to List
$10,000
1.25%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$854,083
Avg. Annual Appreciation
12.42%
Original Mortgage
$729,000
Outstanding Balance
$638,469
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,025,614
Purchase Details
Closed on
Jan 8, 1993
Sold by
Bellefleur Lynn
Bought by
Dennis Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.24%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Uthiriaraj Dilip | $810,000 | -- | |
| Dennis Robert | $150,000 | -- | |
| Dennis Robert | $150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Uthiriaraj Dilip | $729,000 | |
| Previous Owner | Dennis Robert | $300,000 | |
| Previous Owner | Dennis Robert | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/05/2019 09/05/19 | Sold | $810,000 | 0.0% | $292 / Sq Ft |
| 08/16/2019 08/16/19 | Pending | -- | -- | -- |
| 07/11/2019 07/11/19 | Off Market | $810,000 | -- | -- |
| 07/06/2019 07/06/19 | For Sale | $800,000 | -- | $288 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $12,360 | $798,420 | $662,270 | $136,150 |
| 2024 | $11,729 | $798,420 | $662,270 | $136,150 |
| 2023 | $10,153 | $576,520 | $441,490 | $135,030 |
| 2022 | $9,933 | $576,520 | $441,490 | $135,030 |
| 2021 | $9,709 | $576,520 | $441,490 | $135,030 |
| 2020 | $9,432 | $576,520 | $441,490 | $135,030 |
| 2019 | $9,495 | $576,520 | $441,490 | $135,030 |
| 2018 | $9,276 | $576,870 | $444,080 | $132,790 |
| 2017 | $9,322 | $576,870 | $444,080 | $132,790 |
| 2016 | $9,097 | $576,870 | $444,080 | $132,790 |
| 2015 | $8,855 | $576,870 | $444,080 | $132,790 |
| 2014 | $8,659 | $576,870 | $444,080 | $132,790 |
Source: Public Records
Agents Affiliated with this Home
-
Pam Roberts
-
M
Seller Co-Listing Agent in 2019
Mitch Roberts
William Pitt
Map
Source: SmartMLS
MLS Number: 170213487
APN: DARI-000025-000000-000024
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