NOT LISTED FOR SALE

523 Nichols Ave Stratford, CT 06614

Estimated Value: $492,496

4 Beds
2.5 Baths
4,362 Sq Ft
$113/Sq Ft Est. Value

Last Sold September 03, 2014

Last sale price $277,200 $64 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,351/month

36 Days on Market

Highlights

  • Beach Access
  • Attic
  • 3 Car Detached Garage
  • Home fronts a sound
  • Corner Lot
  • Thermal Windows

About This Home

As of September 2014

Great opportunity to manage your office or small business and control your business expenses. Storefront with great visibility plus 2 large updated apartments. Presently fully rented commercial building. Separate utilities. 2 new furnaces. Owner supplies water and sewer usage. New roof and almost all new windows. Family owned since 1917. 3 car garage and paved drive. Convenient corner lot. Non conventional financing required because of business zone. Some exterior TLC required.

Last Agent to Sell the Property

DONNA MIZAK

William Raveis Real Estate License #REB.0757277 Listed on: 02/18/2014

William Raveis Real Estate

Last Buyer's Agent

Richard Wood

Coldwell Banker Realty License #RES.0797304

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,053

Year Built

  • Built in 1917

Lot Details

  • 9,583 Sq Ft Lot
  • Home fronts a sound
  • Corner Lot
  • Level Lot

Parking

  • 3 Car Detached Garage

Home Design

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

Interior Spaces

  • Thermal Windows
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Attic

  • Walkup Attic
  • Partially Finished Attic

Outdoor Features

  • Beach Access

Schools

  • Nichols Elementary School
  • Wooster Middle School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Hot Water Circulator
  • Fuel Tank Located in Ground

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,053

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Sq Ft Est Heated Above Grade: 3176
  • Public Record Living Room Sq Ft: 3176
  • Sq Ft Est Heated Below Grade: 1186
  • Total Sq Ft: 4362
  • Year Built: 1917
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5250
  • Directions: Nichols Avenue corner North Street. Commercial space plus 2 updated residential units.
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Attic Description: Partially Finished, Walk-up
  • Basement Description: Unfinished
  • Attic: Yes
  • Street Number Modifier: 523

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights, L. I. Sound Frontage
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Paved
  • Garages Number: 3

Utilities

  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: In Ground
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Nichols
  • Middle School: Wooster
  • High School: Per Board of Ed

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.2200
  • Lot Description: Corner Lot, Level Lot, Fence - Partial
  • Zoning: CA

Multi Family

  • Unit Count: 3
  • Total Multi Family: 11
  • Total Num Of Units: 3
  • Total Unit Count: 3

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 8053
  • Total Assessed Value: 226030
  • Mil Rate Total: 35.630
  • Assessor Parcel Number: 374707

MLS Schools

  • Elementary School: Nichols
  • Middle Jr High School: Wooster
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2014
Closed on
Sep 3, 2014
Sold by
Corda Edward V
Bought by
Fernandes Sergio
Seller's Agent
DONNA MIZAK
William Raveis Real Estate
Buyer's Agent
Richard Wood
Coldwell Banker Realty
List Price
$329,900
Sold Price
$277,200
Premium/Discount to List
-$52,700
-15.97%
Current Estimated Value
$492,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,296
Avg. Annual Appreciation
5.28%

Purchase Details

Closed on
Jun 24, 2004
Sold by
Corda Ann
Bought by
Corda Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.75%
Mortgage Type
Commercial
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
Fernandes Sergio $277,200 --
Fernandes Sergio $277,200 --
Corda Edward $320,000 --
Corda Edward $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corda Edward $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2014 09/03/14 Sold $277,200 -16.0% $64 / Sq Ft
08/04/2014 08/04/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $329,900 -- $76 / 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 $9,221 $229,390 $120,120 $109,270
2024 $9,221 $229,390 $120,120 $109,270
2023 $9,221 $229,390 $120,120 $109,270
2022 $9,052 $229,390 $120,120 $109,270
2021 $9,054 $229,390 $120,120 $109,270
2020 $9,093 $229,390 $120,120 $109,270
2019 $7,223 $181,160 $109,200 $71,960
2018 $7,228 $181,160 $109,200 $71,960
2017 $7,241 $181,160 $109,200 $71,960
2016 $7,063 $181,160 $109,200 $71,960
2015 $6,699 $181,160 $109,200 $71,960
2014 $8,053 $226,030 $119,000 $107,030
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    DONNA MIZAK

    William Raveis Real Estate

    Section Image

  • R

    Buyer's Agent in 2014

    Richard Wood

    Coldwell Banker Realty

    Section Image
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Map

Source: SmartMLS

MLS Number: 99054286

SmartMLS

APN: STRA-003011-000013-000008

Connecticut Fairfield County Stratford 06614

523 Nichols Ave, Stratford, CT

This home is located at 523 Nichols Ave, Stratford, CT 06614 since 18 February 2014 and is currently estimated at $492,496, approximately $112 per square foot. This property was built in 1917. 523 Nichols Ave is a home located in Fairfield County with nearby schools including Nichols Elementary School, David Wooster Middle School, and Stratford High School.

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.

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