NOT LISTED FOR SALE

50 Fairview Ave Unit 2J Norwalk, CT 06850

Spring Hill Neighborhood

Estimated Value: $209,000 - $235,000

1 Bed
1 Bath
720 Sq Ft
$296/mo HOA Fee

Last Sold July 14, 2023

Last sale price $170,000 $236 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,785/month

50 Days on Market

Highlights

  • City View
  • Property is near public transit
  • Public Transportation
  • Brien Mcmahon High School Rated A-
  • Ranch Style House
  • Coin Laundry

About This Home

As of July 2023

Great bang for the buck in Norwalk! Why rent when you can own? Wonderful opportunity for an investor too! One bedroom condo conveniently located near Norwalk hospital. Storage area in lower level. Gas for heat/cooking and water are included in the HOA. Gated parking lot with two spaces, parking tags required. Laundry is in the building on the lower level. Living room and dining room have hardwood floors, per association a percentage of flooring needs to be covered with carpet. This one won't last! 118 Total units/75 are owner occupied. Highest and best due by 5/11 at 7pm.

Last Agent to Sell the Property

Melodye Colucci

Coldwell Banker Realty License #REB.0795036 Listed on: 05/08/2023

Coldwell Banker Realty

Last Buyer's Agent

Amy Thomas

Houlihan Lawrence License #REB.0793779

Houlihan Lawrence

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,654

Year Built

  • Built in 1961

HOA Fees

  • $296 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Masonry Siding

Interior Spaces

  • 720 Sq Ft Home
  • City Views

Kitchen

  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Interior Basement Entry
  • Basement Storage

Parking

  • 2 Car Garage
  • Parking Lot

Location

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

Schools

  • Jefferson Elementary School
  • Ponus Ridge Middle School
  • Brien Mcmahon High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, heat, water, property management
  • 118 Units
  • Mid-Rise Condominium
  • Sheffield Ridge Community
  • Property managed by McCarthy Associates

Amenities

  • Public Transportation
  • Coin Laundry

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,654

Year Built

Built in 1961

Lot Details

0

HOA Fees

$296 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch, Mid Rise
  • Sq Ft Est Heated Above Grade: 720
  • Public Record Living Room Sq Ft: 720
  • Total Sq Ft: 720
  • Year Built: 1961
  • Nearby Amenities: Health Club, Library, Medical Facilities, Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Unit On Floor Number: 2
  • Public Record Gross Sq Ft: 720
  • Tax Year Updated Dt: 07/03/2023
  • Directions: VanBuren to Maple to Fairview
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Unfinished, Interior Access, Storage
  • Interior Amenities: Cable - Pre-wired, Elevator
  • Appliances: Gas Range, Microwave, Refrigerator
  • Laundry Room Location: Basement level
  • Laundry Room Info: Coin Op Laundry
  • Attic: No
  • Street Number Modifier: 50

Exterior Features

  • Exterior Siding: Brick
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage Parking Info: Parking Lot
  • Garages Number: 2

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Radiator
  • Heat Fuel Type: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Heat, Water, Property Management
  • Complex Name: Sheffield Ridge
  • Levels In Unit: 1
  • HOA Fees: 296
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Manager Email: mikepcds@aol.com
  • Property Manager Name: Michael Hulton
  • Property Mgt Company Name: McCarthy Associates
  • Property Mgt Phone: 203.331.9550

Schools

  • Elementary School: Jefferson
  • Middle School: Ponus Ridge
  • High School: Brien McMahon

Lot Info

  • Lot Description: City Views
  • Flood Zone: No
  • Zoning: C

Rental Info

  • Pets Allowed Info: 1 Pet only, cat or dog
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 2654
  • Total Assessed Value: 106630
  • Mil Rate Base: 22.660
  • Mil Rate Tax District: 2.230
  • Mil Rate Total: 24.890
  • Assessor Parcel Number: 229476

Multi Family

  • Total Num Of Units: 118

MLS Schools

  • Elementary School: Jefferson
  • Middle Jr High School: Ponus Ridge
  • High School: Brien McMahon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
Jul 5, 2023
Sold by
Molina Paola A
Bought by
Karim Victor and Karim Diane
Seller's Agent
Melodye Colucci
Coldwell Banker Realty
Buyer's Agent
Amy Thomas
Houlihan Lawrence
List Price
$190,000
Sold Price
$170,000
Premium/Discount to List
-$20,000
-10.53%
Total Days on Market
50
Views
34
Current Estimated Value
$222,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,661
Avg. Annual Appreciation
15.95%

Purchase Details

Closed on
Jun 5, 2003
Sold by
Gambino Joey C
Bought by
Molina Paola A and Sanchez Mauricio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,361
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2001
Sold by
Long Sandra and Long Thomas
Bought by
Gambino Joey C
Source: Public Records

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Range of Values:

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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
Karim Victor $170,000 None Available
Karim Victor $170,000 None Available
Molina Paola A $139,900 --
Molina Paola A $139,900 --
Gambino Joey C $106,500 --
Gambino Joey C $106,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gambino Joey C $169,303
Previous Owner Gambino Joey C $164,000
Previous Owner Gambino Joey C $136,361
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $170,000 -10.5% $236 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $190,000 0.0% $264 / Sq Ft
11/12/2018 11/12/18 Rented $1,450 +3.6% --
10/22/2018 10/22/18 For Rent $1,400 +7.7% --
06/07/2013 06/07/13 Rented $1,300 0.0% --
05/08/2013 05/08/13 Under Contract -- -- --
08/24/2012 08/24/12 For Rent $1,300 -- --
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
2024 $2,869 $122,970 $0 $122,970
2023 $2,654 $106,630 $0 $106,630
2022 $2,605 $106,630 $0 $106,630
2021 $2,230 $106,630 $0 $106,630
2020 $2,508 $106,630 $0 $106,630
2019 $2,480 $106,630 $0 $106,630
2018 $2,180 $84,250 $0 $84,250
2017 $2,103 $84,250 $0 $84,250
2016 $2,143 $84,250 $0 $84,250
2015 $1,925 $84,250 $0 $84,250
2014 $2,110 $84,250 $0 $84,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170567651

SmartMLS

APN: NORW-000001-000018-000013-000050-2J