NOT LISTED FOR SALE

51 Lake Ave Trumbull, CT 06611

Estimated Value: $531,000 - $643,289

3 Beds
2 Baths
1,796 Sq Ft
$330/Sq Ft Est. Value

Last Sold March 15, 2022

Last sale price $365,000 $203 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,194/month

119 Days on Market

Highlights

  • Barn
  • Property is near public transit
  • No HOA
  • Middlebrook School Rated A
  • Attic
  • Thermal Windows

About This Home

As of March 2022

Investors take note! Here’s your chance to own a multi-family in Trumbull!! They don’t come on the market often! Tenants already in place through June of ‘22. This Farmhouse Colonial enjoys a first floor apartment with 1 Bedroom, 1 Bath, Eat-in Kitchen, Living Room & a den or home office. 2nd floor has 2 Bedrooms, Eat-in Kitchen, Living Room and 1 Bath. 3rd floor is a finished attic ( no heat ) that may be used for rec room or additional bedroom. Needs some cosmetic updating but brand new driveway (‘21) & new exterior paint (‘21). Separate 100 amp electric, furnaces and hot water heaters. City Water & Sewer. Detached Barn/Garage. Convenient Long Hill location close to shopping, restaurants & all highways. Easy to rent!!!

Last Agent to Sell the Property

Bobbi Loughran

William Raveis Real Estate License #RES.0750665 Listed on: 11/02/2021

William Raveis Real Estate

Last Buyer's Agent

Danielle Baleeiro

Realty ONE Group Connect License #REB.0793951

Realty ONE Group Connect

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,972

Year Built

  • Built in 1876

Lot Details

  • 0.29 Acre Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,796 Sq Ft Home
  • Thermal Windows
  • Concrete Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Attic

  • Walkup Attic
  • Partially Finished Attic

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump
  • Shared Basement

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a golf course

Schools

  • Jane Ryan Elementary School
  • Trumbull High School

Farming

  • Barn

Utilities

  • Zoned Heating
  • Heating System Uses Natural Gas
  • Programmable Thermostat

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,972

Year Built

Built in 1876

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1796
  • Public Record Living Room Sq Ft: 1796
  • Total Sq Ft: 1796
  • Year Built: 1876
  • Nearby Amenities: Golf Course, Health Club, Library, Park, Public Pool, Public Transportation, Shopping/Mall, Tennis Courts
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3707
  • Directions: Main or Madison to Lake Ave
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up, Partially Finished, Heated
  • Basement Description: Full With Hatchway, Shared Basement, Unfinished, Concrete Floor, Interior Access, Sump Pump
  • Laundry Room Location: lower level
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 51

Exterior Features

  • Exterior Features: Barn, Gutters, Lighting, Porch
  • Exterior Siding: Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Barn
  • Garages Number: 2
  • Driveway Type: Paved, Asphalt

Utilities

  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Jane Ryan
  • High School: Trumbull

Green Features

  • Energy Features: Programmable Thermostat, Storm Doors, Storm Windows, Thermopane Windows

Lot Info

  • Acres: 0.2900
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: A

Multi Family

  • Unit Count: 2
  • Total Multi Family: 9
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 7972
  • Total Assessed Value: 219240
  • Mil Rate Base: 35.420
  • Mil Rate Tax District: 0.942
  • Mil Rate Total: 36.362
  • Assessor Parcel Number: 392730

MLS Schools

  • Elementary School: Jane Ryan
  • High School: Trumbull

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2021
Closed on
Mar 9, 2022
Sold by
Stevens James C Est
Bought by
51 Lake Ave Llc
Seller's Agent
Bobbi Loughran
William Raveis Real Estate
Buyer's Agent
Danielle Baleeiro
Realty ONE Group Connect
List Price
$415,000
Sold Price
$365,000
Premium/Discount to List
-$50,000
-12.05%
Total Days on Market
119
Current Estimated Value
$592,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,822
Avg. Annual Appreciation
16.20%

Purchase Details

Listed on
Nov 2, 2021
Closed on
Jan 14, 2022
Sold by
Stevens James C
Bought by
Stevens James C and Stevens Jennifer C
Seller's Agent
Bobbi Loughran
William Raveis Real Estate
Buyer's Agent
Danielle Baleeiro
Realty ONE Group Connect
List Price
$415,000
Sold Price
$365,000
Premium/Discount to List
-$50,000
-12.05%

Purchase Details

Closed on
Jul 21, 2017
Sold by
Stevens James
Bought by
Stevens James

Purchase Details

Closed on
Oct 7, 2010
Sold by
Stevens James C
Bought by
Stevens James C
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
51 Lake Ave Llc $365,000 None Available
Stevens James C Est -- None Available
Stevens James C -- None Available
Stevens James -- --
Stevens James C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hyatt John $200,000
Previous Owner Hyatt John $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 Sold $365,000 -2.6% $203 / Sq Ft
01/19/2022 01/19/22 Price Changed $374,900 -6.3% $209 / Sq Ft
12/01/2021 12/01/21 Price Changed $399,900 -3.6% $223 / Sq Ft
11/02/2021 11/02/21 For Sale $415,000 -- $231 / 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
2024 $10,405 $291,410 $128,100 $163,310
2023 $8,808 $250,670 $128,100 $122,570
2022 $8,704 $251,790 $128,100 $123,690
2021 $7,972 $219,240 $106,750 $112,490
2020 $7,819 $219,240 $106,750 $112,490
2018 $7,644 $219,240 $106,750 $112,490
2017 $7,502 $219,240 $106,750 $112,490
2016 $7,309 $219,240 $106,750 $112,490
2015 $7,340 $219,300 $106,800 $112,500
2014 $7,184 $219,300 $106,800 $112,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170448199

SmartMLS

APN: TRUM-000006E-000000-000372