NOT LISTED FOR SALE

53 Fair St Wallingford, CT 06492

Estimated Value: $488,624 - $510,000

7 Beds
2.5 Baths
2,951 Sq Ft
$170/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $281,000 $95 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,330/month

56 Days on Market

Highlights

  • Deck
  • Finished Attic
  • No HOA
  • Property is near public transit and bus stop
  • Attic
  • Public Transportation

About This Home

As of November 2020

Beautifully maintained 2 family home with lots of space! First floor includes 3 bedrooms, spacious kitchen with one bath. Second floor has 4 bedrooms, spacious, living room, dining room, closet space, 1.5 bath. Private back yard with a beautiful fish pond, great for entertainment. Newer roof. Close to all amenities! Come see this home! It won't last! Please keep up will all COVID 19 regulations. Masks at all showings.
***HIGHEST AND BEST BY SUNDAY, 7:00 P.M.***

Last Agent to Sell the Property

Jennie Williams

RE/MAX RISE License #REB.0794658 Listed on: 09/14/2020

RE/MAX RISE

Last Buyer's Agent

Patrick Combs

Dan Combs Real Estate License #REB.0751326

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,707

Year Built

  • Built in 1900

Lot Details

  • 6,970

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 2,951 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Basement Storage

Bedrooms and Bathrooms

  • 7 Bedrooms

Attic

  • Storage In Attic
  • Walkup Attic
  • Finished Attic

Parking

  • Parking Deck
  • Private Driveway
  • Off-Street Parking

Utilities

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

Additional Features

  • Deck
  • 6,970 Sq Ft Lot
  • Property is near public transit and bus stop

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,707

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2951
  • Public Record Living Room Sq Ft: 2951
  • Total Sq Ft: 2951
  • Year Built: 1900
  • Nearby Amenities: Basketball Court, Medical Facilities, Park, Public Rec Facilities, Public Transportation, Putting Green, Walk to Bus Lines
  • Remarks Public Addendum: Rents way below market value. Tenants on a month to month.
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4998
  • Directions: Turn left to stay on CT-150 / Center St/Turn Left on Fair.
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Attic Description: Walk-up, Finished, Storage Space
  • Basement Description: Unfinished, Storage
  • Laundry Room Location: Laundry is first and second floor
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway, Off Street Parking
  • Driveway Type: Private

Utilities

  • Cooling System: Ceiling Fans, Window Unit
  • Heat Type: Radiator
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.1600
  • Lot Description: N/A
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RM2

Multi Family

  • Unit Count: 2
  • Total Multi Family: 13
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 5707
  • Mil Rate Base: 29.190
  • Assessor Parcel Number: 2043868

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
Nov 12, 2020
Sold by
Bilodeau Allan R and Bilodeau Lena J
Bought by
Munzi Stephen
Seller's Agent
Jennie Williams
RE/MAX RISE
Buyer's Agent
Patrick Combs
Dan Combs Real Estate
List Price
$259,900
Sold Price
$281,000
Premium/Discount to List
$21,100
8.12%
Current Estimated Value
$520,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,019
Avg. Annual Appreciation
11.89%
Original Mortgage
$236,040
Outstanding Balance
$210,042
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$292,864

Purchase Details

Closed on
Sep 8, 2020
Sold by
Bilodeau Lynne M and Rusate Donna M
Bought by
Bilodeau Allan R and Bilodeau Lena L

Purchase Details

Closed on
Mar 14, 1986
Bought by
Bilodeau Allan R and Bilodeau Lena L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Munzi Stephen $281,000 None Available
Munzi Stephen $281,000 None Available
Bilodeau Allan R -- None Available
Bilodeau Allan R -- None Available
Bilodeau Allan R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munzi Stephen $236,040
Closed Munzi Stephen $236,040
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2020 11/13/20 Sold $281,000 +8.1% $95 / Sq Ft
09/14/2020 09/14/20 For Sale $259,900 -- $88 / 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 $7,656 $317,400 $89,000 $228,400
2024 $6,454 $210,500 $78,500 $132,000
2023 $6,176 $210,500 $78,500 $132,000
2022 $6,113 $210,500 $78,500 $132,000
2021 $6,003 $210,500 $78,500 $132,000
2020 $5,707 $195,500 $83,900 $111,600
2019 $5,707 $195,500 $83,900 $111,600
2018 $5,599 $195,500 $83,900 $111,600
2017 $5,582 $195,500 $83,900 $111,600
2016 $5,452 $195,500 $83,900 $111,600
2015 $5,370 $195,500 $83,900 $111,600
2014 $5,257 $195,500 $83,900 $111,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170337167

SmartMLS

APN: WALL-000134-000000-000032