NOT LISTED FOR SALE

50 Fairview Ave Unit 4B Norwalk, CT 06850

Spring Hill Neighborhood

Estimated Value: $227,000 - $283,000

1 Bed
1 Bath
788 Sq Ft
1961 Built

Last Sold May 31, 2017

Last sale price $155,000 $197 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,637/month

99 Days on Market

Highlights

  • Waterfront
  • Ranch Style House
  • End Unit
  • Brien Mcmahon High School Rated A-
  • 1 Fireplace
  • Home Security System

About This Home

As of May 2017

Excellent opportunity to own in Norwalk. This unit offers; 1 Bedroom, 1 bathroom, living room, dining area, kitchen, storage unit and reserve car/garage. This corner unit is located on a 4th floor, located across from Norwalk hospital and within close proximity to shopping centers, schools, parks, public transportation as well as major highways.

Last Agent to Sell the Property

Victor Bolanos

Bolanos & Associates LLC License #REB.0789114 Listed on: 02/08/2017

Co-Listed By

Victor Bolanos

Bolanos & Associates LLC License #RES.0798124

Last Buyer's Agent

Happy Wang

Keller Williams Realty License #RES.0798332

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,165

Year Built

  • Built in 1961

Lot Details

  • Waterfront
  • End Unit

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Frame Construction
  • Masonry Siding

Interior Spaces

  • 788 Sq Ft Home
  • 1 Fireplace
  • Water Views
  • Home Security System

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • 1 Car Garage
  • Parking Lot

Schools

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

Utilities

  • Window Unit Cooling System
  • Radiator
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • Property has a Home Owners Association
  • 118 Units
  • Sheffield Ridge Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,165

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 788
  • Public Record Living Room Sq Ft: 788
  • Total Sq Ft: 788
  • Year Built: 1961
  • Remarks Public Addendum: HomePath Ready Buyer™ Program Buying a home can be a daunting process, especially for First-Time Buyers. At HomePath, we support smart and sustainable homeownership as it advances Fannie Mae's mission to stabilize neighborhoods. That's why HomePath is pr
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Unit On Floor Number: 4
  • Public Record Gross Sq Ft: 788
  • Directions: US1 Van Buren to Maple to Fairview
  • Special Features: None

Interior Features

  • Room Count: 3
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full, Storage
  • Interior Amenities: Elevator, Security System
  • Laundry Room Location: In Building
  • Attic: No
  • Street Number Modifier: 50

Exterior Features

  • Exterior Siding: Brick
  • Waterfront Description: View
  • Swimming Pool: No
  • Construction Description: Frame, Brick

Garage/Parking

  • Garage Parking Info: Assigned Parking, Parking Lot
  • Garages Number: 1

Utilities

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

Condo/Co-op/Association

  • Complex Name: Sheffield Ridge
  • Levels In Unit: 1
  • HOA Fees: 296
  • HOA: Yes
  • Property Manager Email: mccarthyzz@aol.com
  • Property Manager Name: McCarthy and Associates
  • Property Manager Phone: (203) 331-9550

Schools

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

Lot Info

  • Zoning: C

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 2165
  • Total Assessed Value: 87500
  • Mil Rate Base: 22.940
  • Mil Rate Tax District: 1.800
  • Mil Rate Total: 24.740
  • Assessor Parcel Number: 229489

Multi Family

  • Total Num Of Units: 118

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2017
Closed on
Jun 1, 2017
Sold by
Fnma
Bought by
Zhang Jiazhong
Seller's Agent
Victor Bolanos
Bolanos & Associates LLC
Buyer's Agent
Happy Wang
Keller Williams Realty
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%
Current Estimated Value
$252,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,764
Avg. Annual Appreciation
6.21%
Original Mortgage
$120,000
Outstanding Balance
$64,200
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$190,436

Purchase Details

Closed on
May 25, 2016
Sold by
Joffe Philip
Bought by
Green Tree Servicing L

Purchase Details

Closed on
May 1, 2002
Sold by
Guy Jose Antonio and Guy Annie H
Bought by
Joffe Philip

Purchase Details

Closed on
May 7, 1999
Sold by
Penrod Jennie
Bought by
Guy Jose A and Guy Annie H

Purchase Details

Closed on
Mar 9, 1995
Sold by
Vanvlech J Megan
Bought by
Penrod Jennie
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
Zhang Jiazhong $155,000 --
Zhang Jiazhong $155,000 --
Green Tree Servicing L -- --
Green Tree Servicing L -- --
Joffe Philip $132,000 --
Joffe Philip $132,000 --
Guy Jose A $72,000 --
Guy Jose A $72,000 --
Penrod Jennie $50,750 --
Penrod Jennie $50,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penrod Jennie $120,000
Closed Penrod Jennie $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2017 05/31/17 Sold $155,000 -3.1% $197 / Sq Ft
05/18/2017 05/18/17 Pending -- -- --
02/08/2017 02/08/17 For Sale $159,900 -- $203 / 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 $3,125 $131,900 $0 $131,900
2024 $3,077 $131,900 $0 $131,900
2023 $2,757 $110,760 $0 $110,760
2022 $2,705 $110,760 $0 $110,760
2021 $2,316 $110,760 $0 $110,760
2020 $2,606 $110,760 $0 $110,760
2019 $2,576 $110,760 $0 $110,760
2018 $2,264 $87,500 $0 $87,500
2017 $2,184 $87,500 $0 $87,500
2016 $2,226 $87,500 $0 $87,500
2015 $1,999 $87,500 $0 $87,500
2014 $2,191 $87,500 $0 $87,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 99173754

SmartMLS

APN: NORW-000001-000018-000013-000050-4B