RENTED FEB 10, 2025

50 Exchange Place Fairfield, CT 06825

Tunxis Hill Neighborhood

Estimated Value: $474,000 - $854,079

2 Beds
1 Bath
1,000 Sq Ft
$666/Sq Ft Est. Value

Last Sold March 29, 2023

Last sale price $480,000 $480 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,361/month

Highlights

  • New Construction
  • Property is near public transit
  • Public Transportation
  • Mckinley Elementary School Rated A-
  • Attic
  • Central Air

About This Home

As of February 2025

Welcome to your new apartment! This brand-new construction features 1,000 square feet of comfortable living space with 2 bedrooms and 1 bath. Enjoy an open floor plan perfect for everyday living, along with a kitchen equipped with modern stainless-steel appliances. The apartment also includes a convenient laundry room, making chores a breeze. The bedrooms provide a cozy retreat, and the bathroom features updated fixtures. You'll appreciate the one-car garage located below the apartment and a nice backyard area, ideal for outdoor relaxation. Situated on a quiet dead-end street, you'll enjoy added privacy, and with a nearby train station, commuting is a snap. Conveniently located in a friendly neighborhood, you're just minutes away from shopping and dining so don't miss out! More Pictures to come.

Last Agent to Rent the Property

Jonathan Veliz

Whitestone Real Estate Group License #RES.0829910 Listed on: 10/16/2024

Last Renter's Agent

Jonathan Veliz

Whitestone Real Estate Group License #RES.0829910 Listed on: 10/16/2024

Property Details

Home Type

  • Apartment

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.34

Home Design

  • 1,000 Sq Ft Home
  • Vinyl Siding

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Attic

  • Pull Down Stairs to Attic
  • Unfinished Attic

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener

Schools

  • Mckinley Elementary School
  • Tomlinson Middle School
  • Fairfield Warde High School

Utilities

  • Central Air
  • Gas Available at Street

Additional Features

  • Level Lot
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 118919

Community Details

Amenities

  • Public Transportation

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Year Built

Built in 2024 | New Construction

Lot Details

0

Rental Info

  • Lease Price Description: Per Month
  • Pets Allowed: No
  • Rental Duration: Yearly Unfurnished
  • Smoking Allowed: No

Listing Details

  • Neighborhood: N/A
  • Property Type: Residential Rental
  • Style: Apartment
  • Sq Ft Est Heated Above Grade: 1000
  • Total Sq Ft: 1000
  • Year Built: 2024
  • New Construction: Completed/Never Occupied
  • Nearby Amenities: Public Transportation
  • Property Sub Type: Other
  • Direct Waterfront: No
  • Directions: Next to walgreens on kings Highway. take a right on Deer Field than another right on Exchange. it is a bit hidden.
  • In Law Apartment: No
  • Street Type: Place
  • Tenant Responsibility: All Utilities
  • Special Features: NewHome

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Attic Description: Unfinished, Pull-Down Stairs
  • Basement Description: None
  • Interior Amenities: Auto Garage Door Opener
  • Appliances: Electric Cooktop, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Upper Level
  • Attic: Yes

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Not Applicable
  • Swimming Pool: No

Garage/Parking

  • Garages Number: 1
  • Total Parking Spaces: 2
  • Garage And Parking: Under House Garage, Unpaved

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Gas In Street
  • Hot Water Description: Natural Gas, Domestic, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: B
  • Parcel #: 118919

MLS Schools

  • Elementary School: McKinley
  • Middle Jr High School: Tomlinson
  • High School: Fairfield Warde

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2022
Closed on
Mar 29, 2023
Sold by
Bodge Diane
Bought by
Veliz Herbert M and Veliz Lilian C
Seller's Agent
Helen Tvedt
Coldwell Banker Realty
Buyer's Agent
John Shea
William Raveis Real Estate
List Price
$529,900
Sold Price
$480,000
Premium/Discount to List
-$49,900
-9.42%
Views
175
Current Estimated Value
$665,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,520
Avg. Annual Appreciation
12.87%
Original Mortgage
$360,000
Outstanding Balance
$348,684
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$316,836
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
Veliz Herbert M $480,000 None Available
Veliz Herbert M $480,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veliz Herbert M $360,000
Closed Veliz Herbert M $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2025 02/10/25 Rented $2,800 -6.7% --
01/09/2025 01/09/25 Under Contract -- -- --
10/16/2024 10/16/24 For Rent $3,000 0.0% --
03/29/2023 03/29/23 Sold $480,000 -5.7% $262 / Sq Ft View Prior Sale
02/21/2023 02/21/23 Pending -- -- --
01/23/2023 01/23/23 Price Changed $509,000 -1.9% $278 / Sq Ft
12/15/2022 12/15/22 Price Changed $519,000 -2.1% $284 / Sq Ft
11/10/2022 11/10/22 For Sale $529,900 -- $290 / 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 $10,324 $363,650 $176,400 $187,250
2024 $7,941 $284,620 $211,470 $73,150
2023 $7,830 $284,620 $211,470 $73,150
2022 $7,753 $284,620 $211,470 $73,150
2021 $7,679 $284,620 $211,470 $73,150
2020 $7,017 $261,940 $176,260 $85,680
2019 $7,017 $261,940 $176,260 $85,680
2018 $6,905 $261,940 $176,260 $85,680
2017 $6,763 $261,940 $176,260 $85,680
2016 $6,666 $261,940 $176,260 $85,680
2015 $6,488 $261,730 $177,030 $84,700
2014 $6,386 $261,730 $177,030 $84,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2025

    Jonathan Veliz

    Whitestone Real Estate Group

    (203) 307-5064

    4 Total Sales

    Jonathan Veliz
    Section Image

  • H

    Seller's Agent in 2023

    Helen Tvedt

    Coldwell Banker Realty

    Section Image
  • John Shea

    Buyer's Agent in 2023

    John Shea

    William Raveis Real Estate

    (203) 767-9460

    8 in this area

    51 Total Sales

    John Shea
    Section Image
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Map

Source: SmartMLS

MLS Number: 24053994

SmartMLS

APN: FAIR-000040-000000-000427

Connecticut Fairfield County Fairfield 06825 Tunxis Hill

50 Exchange Place, Fairfield, CT

Not Listed for Sale

MultiFamily

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