59 Clinton Ave Norwalk, CT 06854
Spring Hill NeighborhoodEstimated Value: $750,000 - $1,049,000
6
Beds
5
Baths
3,332
Sq Ft
$262/Sq Ft
Est. Value
Highlights
- Deck
- Attic
- Private Driveway
- Brien Mcmahon High School Rated A-
- Central Air
- Level Lot
About This Home
As of January 2024Introducing a remarkable opportunity in the desirable Spring Hill neighborhood. This 2-family, townhouse-style property has been meticulously remodeled from the inside out, with particular attention to the kitchens and bathrooms, now boasting brand new appliances and fixtures throughout. Benefits include a stellar 7.34% cap rate, spacious 0.19-acre lot for plenty of parking and outdoor space, and town utilities separated and paid for by each tenant. Unit A: Rent at $3,700/month offers 3 bedrooms and 2.5 baths. Unit B: Rent at $3,675/month offers 3 bedrooms and 1.5 baths. Seize the opportunity to invest in this turn key duplex with consistent income potential in a prime location in Norwalk. Located just minutes from the Sono Collection, South Norwalk train station, I-95, Route 7, and Merrit Parkway! Whether you’re an investor looking to expand your portfolio or seeking the perfect residence with an additional rental unit, 59 Clinton Ave is the perfect fit.
Last Agent to Sell the Property
William Raveis Real Estate License #REB.0793502 Listed on: 10/13/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,031
Year Built
- Built in 1980
Lot Details
- 8,276 Sq Ft Lot
- Level Lot
Home Design
- Side-by-Side
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Concrete Siding
- Vinyl Siding
Interior Spaces
- Pull Down Stairs to Attic
Bedrooms and Bathrooms
- 6 Bedrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 5 Parking Spaces
- Parking Deck
- Private Driveway
Outdoor Features
- Deck
Schools
- Jefferson Elementary School
- Ponus Ridge Middle School
- Brien Mcmahon High School
Utilities
- Central Air
- Heating System Uses Gas
- Heating System Uses Natural Gas
Community Details
- 2 Units
- Gross Income $88,500
Listing and Financial Details
- Assessor Parcel Number 250965
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 13, 2023
Closed on
Jan 9, 2024
Sold by
Mogg Nicholas
Bought by
Nestoros Costas and Nestoros Stavroula
Seller's Agent
Anthony Longo
William Raveis Real Estate
Buyer's Agent
Andrew Kallmeyer
Compass Connecticut, LLC
List Price
$950,000
Sold Price
$950,000
Views
213
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$78,039
Avg. Annual Appreciation
-7.55%
Original Mortgage
$665,000
Outstanding Balance
$656,834
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$191,586
Purchase Details
Listed on
Aug 5, 2021
Closed on
Sep 21, 2021
Sold by
Gr Clinton Llc
Bought by
Mogg Nicholas
Seller's Agent
Shane Nizzardo
Nizzardo Real Estate Services
Buyer's Agent
Shane Nizzardo
Nizzardo Real Estate Services
List Price
$639,000
Sold Price
$630,000
Premium/Discount to List
-$9,000
-1.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.83%
Purchase Details
Closed on
Oct 22, 2003
Sold by
Baldino John J
Bought by
Gacher Richard A and Gacher Gloria J
Similar Homes in Norwalk, CT
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nestoros Costas | $950,000 | None Available | |
| Nestoros Costas | $950,000 | None Available | |
| Mogg Nicholas | $630,000 | None Available | |
| Mogg Nicholas | $630,000 | None Available | |
| Gacher Richard A | $480,000 | -- | |
| Gacher Richard A | $480,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nestoros Costas | $665,000 | |
| Closed | Nestoros Costas | $665,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/09/2024 01/09/24 | Sold | $950,000 | 0.0% | $285 / Sq Ft |
| 11/08/2023 11/08/23 | Pending | -- | -- | -- |
| 10/13/2023 10/13/23 | For Sale | $950,000 | +50.8% | $285 / Sq Ft |
| 10/01/2021 10/01/21 | Sold | $630,000 | -1.4% | $281 / Sq Ft |
| 08/05/2021 08/05/21 | For Sale | $639,000 | -- | $285 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $11,024 | $467,280 | $145,210 | $322,070 |
| 2023 | $13,031 | $517,910 | $114,090 | $403,820 |
| 2022 | $7,874 | $318,880 | $114,090 | $204,790 |
| 2021 | $7,670 | $318,880 | $114,090 | $204,790 |
| 2020 | $7,665 | $318,880 | $114,090 | $204,790 |
| 2019 | $7,450 | $318,880 | $114,090 | $204,790 |
| 2018 | $6,496 | $243,640 | $125,020 | $118,620 |
| 2017 | $6,273 | $243,640 | $125,020 | $118,620 |
| 2016 | $6,213 | $243,640 | $125,020 | $118,620 |
| 2015 | $6,196 | $243,640 | $125,020 | $118,620 |
| 2014 | $6,115 | $243,640 | $125,020 | $118,620 |
Source: Public Records
Agents Affiliated with this Home
-
Anthony Longo
Seller's Agent in 2024
Anthony Longo
William Raveis Real Estate
(203) 496-1922
3 in this area
62 Total Sales
-
Rosemarie Longo
Seller Co-Listing Agent in 2024
Rosemarie Longo
William Raveis Real Estate
(203) 496-3218
2 in this area
34 Total Sales
-
Andrew Kallmeyer
A
Buyer's Agent in 2024
Andrew Kallmeyer
Compass Connecticut, LLC
(845) 222-7017
2 in this area
50 Total Sales
-
Shane Nizzardo
S
Seller's Agent in 2021
Shane Nizzardo
Nizzardo Real Estate Services
(203) 223-2376
4 in this area
27 Total Sales
Map
Source: SmartMLS
MLS Number: 170603806
APN: NORW-000005-000065-000047
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