NOT LISTED FOR SALE

5 Park Ln Unit 5 & 7 Darien, CT 06820

Darien Area

Estimated Value: $1,293,000 - $1,704,000

6 Beds
2 Baths
2,774 Sq Ft
$553/Sq Ft Est. Value

Sale Details

Date Sold: September 5, 2019

Last sale price $810,000 $292 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $9,974 / mo

41 Days on Market

Highlights

  • Cabana
  • Deck
  • Attic
  • Holmes Elementary School Rated A
  • Property is near public transit and bus stop
  • 2 Car Detached Garage

About This Home

As of September 2019

Fantastic 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

Pam Roberts

William Pitt Sotheby's Int'l License #RES.0783281 Listed on: 07/06/2019

William Pitt Sotheby's Int'l

Co-Listed By

Mitch Roberts

William Pitt Sotheby's Int'l License #RES.0792824

Last Buyer's Agent

Pam Roberts

William Pitt Sotheby's Int'l License #RES.0783281 Listed on: 07/06/2019

William Pitt Sotheby's Int'l

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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 and 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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,495

Year Built

Built in 1928

Lot Details

6,098 Sq Ft Lot

HOA Fees

$19 per month

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2774
  • Public Record Living Room Sq Ft: 2774
  • Total Sq Ft: 2774
  • Year Built: 1928
  • Nearby Amenities: Park, Public Transportation, Walk to Bus Lines
  • Remarks Public Addendum: The adjoining unit #7 is currently occupied, but usually flexible for showings of the overall property. There is a one car detached garage behind the house, and a shared 2-car detached garage at end of left side driveway.
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Tax Year Updated Dt: 07/29/2019
  • Directions: West Avenue to Holmes Ave to Park Lane. Home on the left.
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Storage Space
  • Basement Description: Full
  • Laundry Room Location: Washers/Dryers in full height basements
  • Laundry Room Info: Washer/Dryer All Units
  • Attic: Yes

Exterior Features

  • Exterior Features: Cabana, Deck, Garden Area, Gutters, Lighting, Porch-Enclosed, Underground Sprinkler
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Off Street Parking
  • Garages Number: 2
  • Driveway Type: Shared, Gravel

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Snow Removal, Road Maintenance
  • HOA Fees: 225
  • HOA Fee Frequency: Annually
  • HOA: Yes

Lot Info

  • Acres: 0.1400
  • Lot Description: Level Lot, Treed
  • Elevation Certificate: Yes
  • Flood Zone: Yes
  • Zoning: R15

Multi Family

  • Unit Count: 1
  • Total Multi Family: 12
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 9495
  • Mil Rate Base: 16.470
  • Assessor Parcel Number: 105409

MLS Schools

  • Elementary School: Holmes
  • Middle Jr High School: Middlesex
  • High School: Darien

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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
$1,617,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$807,688
Avg. Annual Appreciation
9.54%
Original Mortgage
$729,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 1993
Sold by
Bellefleur Lynn
Bought by
Dennis Robert
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Darien, CT

  • Hyleri Katzenberg Real Estate Agent - Compass Connecticut, LLC

    Hyleri Katzenberg

    Compass Connecticut, LLC

    (475) 889-7112

    46 Total Sales

    2 in Darien

    $1.6M - $2.3M Price Range

    Hyleri Katzenberg
     Section Image
  • Federico Martinez Real Estate Agent - Keller Williams Prestige Prop.

    Federico Martinez

    Keller Williams Prestige Prop.

    (475) 325-5386

    195 Total Sales

    2 in Darien

    $1.5M - $4.8M Price Range

    Federico Martinez
     Section Image
  • Linda Dunsmore Real Estate Agent - Coldwell Banker Realty

    Linda Dunsmore

    Coldwell Banker Realty

    (475) 258-8711

    88 Total Sales

    1 in Darien

    $927,000 Price

    Linda Dunsmore
     Section Image
  • Tammy Langalis Real Estate Agent - William Raveis Real Estate

    Tammy Langalis

    William Raveis Real Estate

    (475) 258-8515

    48 Total Sales

    2 in Darien

    $1.6M - $3.1M Price Range

    Tammy Langalis
     Section Image
  • Glenn Marr Real Estate Agent - Marr Caruso Realty Group

    Glenn Marr

    Responds Quickly

    Marr Caruso Realty Group

    (475) 275-8091

    39 Total Sales

    1 in Darien

    $815,000 Price

    Glenn Marr
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$810,000 --
Dennis Robert $150,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $695,236
Closed Uthiriaraj Dilip $729,000
Previous Owner Lynn Dennis Robert $300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 Real Estate Agent - William Pitt

    Seller's Agent in 2019

    Pam Roberts

    William Pitt

    (203) 249-7646

    31 Total Sales

    Pam Roberts
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  • MR

    Seller Co-Listing Agent in 2019

    Mitch Roberts

    William Pitt

    Section Image
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Map

Source: SmartMLS

MLS Number: 170213487

SmartMLS

APN: DARI-000025-000000-000024

Connecticut Fairfield County Darien 06820

5 Park Ln Unit 5 & 7, Darien, CT

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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