NOT LISTED FOR SALE

59 Valley Rd Cos Cob, CT 06807

Estimated Value: $1,023,000 - $1,182,000

3 Beds
7 Baths
4,000 Sq Ft
$272/Sq Ft Est. Value

Last Sold April 26, 2016

Last sale price $1,315,000 $329 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $6,339/month

131 Days on Market

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • Cos Cob School Rated A
  • Combination Of Heating Systems

About This Home

As of April 2016

All units are currently occupied. Due to four different groups of tenants plus pets we will show property on Fridays between 1pm-5pm. Okay to walk property but please confirm with Amy Whitlaw (203) 536-6324 or Frann Ward (203) 554-5404. Co-listed with Frann Ward, Houlihan Lawrence.

Last Agent to Sell the Property

Amy Whitlaw

William Raveis Real Estate Listed on: 09/30/2015

Last Buyer's Agent

Luigi Barcello

Coldwell Banker Realty License #RES.0794527

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,201

Year Built

  • Built in 1920 | Remodeled in 1989

Lot Details

  • 0.54 Acre Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Parking

  • 7 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Combination Of Heating Systems
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Gas Available
  • Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 08-2032, 08-2033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,201

Year Built

Built in 1920 | Remodeled in 1989

Lot Details

0

Listing Details

  • Directions: Valley Road between Nassau and River Road.
  • Prop. Type: Residential Income
  • Year Built: 1920
  • Lot Size Acres: 0.54
  • Effective Year Built: 1989
  • Cooling System:Wall Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 1989

Exterior Features

  • Roof: Asphalt
  • Construction Type: Brick
  • Roof:Asphalt: Yes
  • Exterior:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 7.0
  • General Property Info:Parking Desc: Assigned
  • General Property Info:Parking _pound_: 7.0

Utilities

  • Water Source: Public
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Combination, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Heat Fuel:Gas: Yes
  • Water Source:Public: Yes
  • Sanitation Source:Town Sewer: Yes
  • Hot Water:Gas2: Yes
  • Gas Source:Public Utility: Yes
  • Heat System:Combination: Yes

Schools

  • Elementary School: Cos Cob
  • Middle Or Junior School: Central Middle

Lot Info

  • Zoning: R-6
  • Lot Size Sq Ft: 23522.4
  • Parcel #: 08-2032, 08-2033
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 14201.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2015
Closed on
Apr 26, 2016
Sold by
Passerelle Dominick A and Passerelle Diana E
Bought by
59-61 Valley Road Llc
Seller's Agent
Amy Whitlaw
William Raveis Real Estate
Buyer's Agent
Luigi Barcello
Coldwell Banker Realty
List Price
$1,698,000
Sold Price
$1,315,000
Premium/Discount to List
-$383,000
-22.56%
Current Estimated Value
$1,089,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$225,163
Avg. Annual Appreciation
-1.94%

Purchase Details

Closed on
Nov 27, 2007
Sold by
Passerelle Ernest S and Passerelle Kimberly R
Bought by
Passerelle Domnick A and Passerelle Diana E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.42%
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
59-61 Valley Road Llc $657,500 --
Passerelle Domnick A $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Passerelle Domnick A $432,500
Previous Owner Passerelle Domnick A $440,000
Previous Owner Passerelle Domnick A $477,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2016 04/26/16 Sold $1,315,000 -22.6% $329 / Sq Ft
02/09/2016 02/09/16 Pending -- -- --
09/30/2015 09/30/15 For Sale $1,698,000 -- $425 / Sq Ft
Source: Greenwich Association of REALTORS®

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 $7,212 $583,520 $437,290 $146,230
2024 $6,965 $583,520 $437,290 $146,230
2023 $6,790 $583,520 $437,290 $146,230
2022 $6,728 $583,520 $437,290 $146,230
2021 $5,729 $475,790 $352,100 $123,690
2020 $5,719 $475,790 $352,100 $123,690
2019 $5,776 $475,790 $352,100 $123,690
2018 $5,624 $473,830 $352,100 $121,730
2017 $5,695 $473,830 $352,100 $121,730
2016 $5,605 $473,830 $352,100 $121,730
2015 $6,238 $523,110 $427,770 $95,340
2014 $6,081 $523,110 $427,770 $95,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greenwich Association of REALTORS®

MLS Number: 94733

Greenwich Association of REALTORS®

APN: GREE-000008-000000-002032-S000000