NOT LISTED FOR SALE

71 Connecticut Ave Unit 301 Norwalk, CT 06854

Spring Hill Neighborhood

Estimated Value: $38,542,516

2 Beds
2 Baths
1,049 Sq Ft
$36,742/Sq Ft Est. Value

Highlights

  • 1.24 Acre Lot
  • Clubhouse
  • Home Gym
  • Brien Mcmahon High School Rated A-
  • No HOA
  • Exercise Course

About This Home

As of May 2023

BRAND NEW apartment at The Overlook! - Modern apartment building in very convenient location! - Walk to SoNo and easy access to all highways - Everything is new, including kitchens with shaker cabinets, stainless steel appliances, and granite counters - Bathrooms with subway tile showers - Club room with pool table, separate kitchen, and lounge space - Fitness room with free weights and cardio equipment - Covered parking + additional off-street parking - Secure building entry and package room - Private washer / dryer in each unit + private balcony space! - **see additional remarks on listing for more info**

Last Agent to Rent the Property

Ryan Panny

Milligan Realty.com License #RES.0812568 Listed on: 04/26/2023

Last Renter's Agent

Ryan Panny

Milligan Realty.com License #RES.0812568 Listed on: 04/26/2023

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $154,677

Year Built

  • Built in 2023

Lot Details

  • 1.24

Interior Spaces

  • 1,049 Sq Ft Home
  • Home Gym

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Driveway
  • Off-Street Parking
  • Unassigned Parking

Utilities

  • Central Air
  • Electric Water Heater

Additional Features

  • Balcony
  • 1.24 Acre Lot

Community Details

Overview

  • No Home Owners Association
  • The Overlook Community

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Exercise Course

Pet Policy

  • Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$154,677

Year Built

Built in 2023

Lot Details

0

Rental Info

  • Pets Allowed Info: See public remarks
  • Landlord Requirements: Credit Check, References Required, Security Deposit, Lease Required, Lease Restrictions
  • Landlord Responsibility: Grounds Maintenance, Sewer, Snow Removal
  • Lease Price Description: Per Month
  • Pets Allowed: Yes
  • Rental Duration: Yearly Unfurnished
  • Security Deposit Details: $2,000
  • Smoking Allowed: No
  • Tenant Responsibility: Electricity, Heat, Hot Water, Liability Insurance, Trash Service, Water

Listing Details

  • Property Type: Residential Rental
  • Style: Apartment
  • Sq Ft Est Heated Above Grade: 1049
  • Total Sq Ft: 1049
  • Year Built: 2023
  • New Construction: Completed/Never Occupied
  • Association Amenities: Club House, Elevator, Exercise Room/Health Club
  • Remarks Public Addendum: Additional information: List price includes initial leasing incentive which is 1 month free on a 13 month lease. MLS price is the average monthly cost during initial lease period. Free month would be given in 13th month of lease, so tenant would pay base rent for the first 12 months, then $0 rent in month 13. || Low security deposit! Just $1,000 security for a 1 BR and $2,000 security for a 2 BR. $35 / month amenity fee is WAIVED for the initial lease period. || Pets: 2 pets max per unit, cats & dogs allowed. Pet fee is $50 / month + $250 non-refundable pet deposit. || Parking is not assigned and is first-come, first-serve. Visitor parking is only permitted in uncovered spaces.
  • Property Sub Type: Multi-Family Rental
  • Direct Waterfront: No
  • Directions: Connecticut Ave. --> # 71
  • Special Features: NewHome

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Exercise Room
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 71

Exterior Features

  • Exterior Features: Balcony
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Covered Garage, Unassigned Parking, Off Street Parking
  • Garages Number: 1
  • Driveway Type: Asphalt

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Complex Name: The Overlook
  • Levels In Unit: 1
  • HOA: No

Schools

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

Lot Info

  • Acres: 1.2400
  • Zoning: B2

Tax Info

  • Mil Rate Tax District: 2.865
  • Assessor Parcel Number: 234743

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2024
Sold by
Edm 2 Llc
Bought by
Alpha5mk Overlook Llc
Current Estimated Value
$38,542,516

Purchase Details

Closed on
Nov 13, 2023
Sold by
Edm 2 Llc
Bought by
71 75 Ct Avenue Assn Inc

Purchase Details

Closed on
Jul 3, 2018
Sold by
Norwalk Medical Center
Bought by
Edm 2 Llc

Purchase Details

Closed on
Jun 24, 2004
Sold by
Norwell Land Co
Bought by
100 Norwalk Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Alpha5mk Overlook Llc -- None Available
Alpha5mk Overlook Llc -- None Available
Alpha5mk Overlook Llc -- None Available
71 75 Ct Avenue Assn Inc -- None Available
71 75 Ct Avenue Assn Inc -- None Available
71 75 Ct Avenue Assn Inc -- None Available
Edm 2 Llc -- --
Edm 2 Llc -- --
100 Norwalk Llc $28,000,000 --
100 Norwalk Llc $28,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edm 2 Llc $7,950,000
Previous Owner Edm 2 Llc $9,900,000
Previous Owner 100 Norwalk Llc $21,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Rented $2,850 +8.4% --
05/24/2023 05/24/23 Under Contract -- -- --
05/15/2023 05/15/23 Price Changed $2,630 -7.7% $3 / Sq Ft
04/26/2023 04/26/23 For Rent $2,850 -- --
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 $154,677 $1 $1 $0
2024 $154,677 $6,569,420 $1,510,240 $5,059,180
2023 $154,807 $6,171,052 $1,377,400 $4,793,652
2022 $99,174 $4,040,500 $1,377,400 $2,663,100
2021 $33,011 $1,377,400 $1,377,400 $0
2020 $32,997 $1,377,400 $1,377,400 $0
2019 $17,702 $759,260 $759,260 $0
2018 $13,432 $504,870 $504,870 $0
2017 $12,966 $504,870 $504,870 $0
2016 $12,844 $504,870 $504,870 $0
2015 $12,809 $504,870 $504,870 $0
2014 $12,642 $504,870 $504,870 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Landlord's Agent in 2023

    Ryan Panny

    Milligan Realty.com

    (203) 559-0880

    3 in this area

    34 Total Sales

    Ryan Panny
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Map

Source: SmartMLS

MLS Number: 170565423

SmartMLS

APN: NORW-000002-000008-000021

Connecticut Fairfield County Norwalk 06850 Spring Hill

71 Connecticut Ave Unit 301, Norwalk, CT

This home is located at 71 Connecticut Ave Unit 301, Norwalk, CT 06854 since 26 April 2023 and is currently priced at $38,542,516. This property was built in 2023. 71 Connecticut Ave Unit 301 is a home located in Fairfield County with nearby schools including Jefferson Marine Science Elementary School, Ponus Ridge Middle School, and Brien Mcmahon High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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