NOT LISTED FOR SALE

7 Olean St Norwalk, CT 06854

South Norwalk Neighborhood
-- Bed
4 Baths
2,036 Sq Ft
6,970 Sq Ft Lot

Last Sold June 30, 2020

Last sale price $330,000 $162 Per Sq Ft

75 Days on Market

About This Home

As of June 2020

TWO STRUCTURES
1. A THREE UNIT MULTIFAMILY RENTAL HOME SEPARATELY METERED FOR GAS AND ELECTRICITY
2. SINGLE UNIT RENTAL HOME SEPARATELY METERED FOR GAS AND ELECTRICITY
SET ON 6,970 (.16 AC) OF I-1 INDUSTRIAL PROPERTY
RENTAL INCOME OF $3,750
LANDLORD PAYS FOR ELECTRIC AND GAS

Last Agent to Sell the Property

John Zervos

DVB Commercial Realty LLC License #REB.0751147 Listed on: 04/16/2020

Co-Listed By

Robert Virgulak

DVB Commercial Realty LLC License #REB.0702900

Last Buyer's Agent

Franki Delgado

Keller Williams Prestige Prop. License #RES.0787892

Keller Williams Prestige Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,304

Year Built

  • Built in 1910

Lot Details

  • 6,970

Parking

  • Off-Street Parking

Home Design

  • 2,036 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Clap Board Siding

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Additional Features

  • 4 Full Bathrooms
  • 6,970 Sq Ft Lot

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,304

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Neighborhood: South Norwalk
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2036
  • Total Sq Ft: 2036
  • Year Built: 1910
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Olean is off of Lexington Ave
  • Special Features: None

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Attic: No

Exterior Features

  • Exterior Siding: Clapboard
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.1600
  • Lot Description: N/A
  • Zoning: I1

Multi Family

  • Unit Count: 4
  • Total Multi Family: 11
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 4304
  • Mil Rate Base: 21.390
  • Mil Rate Tax District: 1.925
  • Assessor Parcel Number: 234617

MLS Schools

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

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

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2020 06/30/20 Sold $330,000 -5.4% $162 / Sq Ft
04/16/2020 04/16/20 For Sale $349,000 -- $171 / 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 $7,980 $333,910 $113,780 $220,130
2024 $7,862 $333,910 $113,780 $220,130
2023 $4,774 $190,300 $97,780 $92,520
2022 $4,671 $190,300 $97,780 $92,520
2021 $4,561 $190,300 $97,780 $92,520
2020 $4,559 $190,300 $97,780 $92,520
2019 $4,304 $184,610 $92,090 $92,520
2018 $4,864 $182,840 $82,810 $100,030
2017 $4,696 $182,840 $82,810 $100,030
2016 $2,927 $115,070 $82,810 $32,260
2015 $2,856 $112,570 $82,810 $29,760
2014 $4,578 $182,840 $82,810 $100,030
Source: Public Records

Agents Affiliated with this Home

  • John Zervos

    Seller's Agent in 2020

    John Zervos

    DVB Commercial Realty LLC

    (203) 856-1271

    5 in this area

    26 Total Sales

    John Zervos
    Section Image
  • Robert Virgulak

    Seller Co-Listing Agent in 2020

    Robert Virgulak

    DVB Commercial Realty LLC

    (203) 434-7024

    4 in this area

    19 Total Sales

    Robert Virgulak
    Section Image
  • Franki Delgado

    Buyer's Agent in 2020

    Franki Delgado

    Keller Williams Prestige Prop.

    (203) 515-5776

    5 in this area

    60 Total Sales

    Franki Delgado
    Section Image
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Map

Source: SmartMLS

MLS Number: 170288517

SmartMLS
Connecticut Fairfield County Norwalk 06854 South Norwalk

7 Olean St, Norwalk, CT

Not Listed for Sale

MultiFamily

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