NOT LISTED FOR SALE

59 Clinton Ave Norwalk, CT 06854

Spring Hill Neighborhood

Estimated Value: $787,898 - $1,208,000

6 Beds
5 Baths
3,332 Sq Ft
$278/Sq Ft Est. Value

Last Sold January 09, 2024

Last sale price $950,000 $285 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,801/month

26 Days on Market

Highlights

  • Deck
  • Attic
  • Private Driveway
  • Brien Mcmahon High School Rated A-
  • Central Air
  • Level Lot

About This Home

As of January 2024

Introducing 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

Anthony Longo

William Raveis Real Estate License #REB.0793502 Listed on: 10/13/2023

William Raveis Real Estate

Co-Listed By

Rosemarie Longo

William Raveis Real Estate License #RES.0773268

Last Buyer's Agent

Andrew Kallmeyer

Compass Connecticut, LLC License #RES.0809695

Compass Connecticut, LLC

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,031

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Neighborhood: Spring Hill
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2244
  • Sq Ft Est Heated Below Grade: 1088
  • Total Sq Ft: 3332
  • Year Built: 1980
  • New Construction: No/Resale
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3560
  • Directions: Connecticut Ave to Clinton Ave
  • Financing Used: Conventional Fixed
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full With Walk-Out, Interior Access
  • Laundry Room Info: Washer/Dryer All Units
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame, Concrete

Garage/Parking

  • Driveway Type: Private, Paved
  • Total Parking Spaces: 5
  • Garage And Parking: Driveway, Paved, Off Street Parking

Utilities

  • Cooling System: Central Air
  • Heat Type: Gas on Gas
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.19
  • Lot Description: Level Lot
  • Zoning: B
  • Parcel #: 250965

Multi Family

  • Gross Annual Income: 88500
  • Total Number Of Units: 2
  • Unit Count: 2

Tax Info

  • Property Tax: 13031

MLS Schools

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

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
$924,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,275
Avg. Annual Appreciation
-1.43%
Original Mortgage
$665,000
Outstanding Balance
$653,944
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$270,781

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
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 List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
08/05/2021 08/05/21 For Sale $639,000 -- $285 / 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 $11,189 $467,280 $145,210 $322,070
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

    56 Total Sales

    Anthony Longo
    Section Image
  • Rosemarie Longo

    Seller Co-Listing Agent in 2024

    Rosemarie Longo

    William Raveis Real Estate

    (203) 496-3218

    2 in this area

    32 Total Sales

    Rosemarie Longo
    Section Image

  • A

    Buyer's Agent in 2024

    Andrew Kallmeyer

    Compass Connecticut, LLC

    (845) 222-7017

    2 in this area

    60 Total Sales

    Andrew Kallmeyer
    Section Image

  • S

    Seller's Agent in 2021

    Shane Nizzardo

    Nizzardo Real Estate Services

    (203) 223-2376

    4 in this area

    29 Total Sales

    Shane Nizzardo
    Section Image
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Map

Source: SmartMLS

MLS Number: 170603806

SmartMLS

APN: NORW-000005-000065-000047

Connecticut Fairfield County Norwalk 06850 Spring Hill

59 Clinton Ave, Norwalk, CT

Not Listed for Sale

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