NOT LISTED FOR SALE

71 Lexington Ave Norwalk, CT 06854

South Norwalk Neighborhood

Estimated Value: $547,047 - $707,000

5 Beds
3 Baths
2,082 Sq Ft
$293/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $392,000 $188 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,866/month

36 Days on Market

Highlights

  • Beach Access
  • Finished Attic
  • No HOA
  • Deck
  • Attic
  • Porch

About This Home

As of April 2021

Two Family home, recently updated, well maintained. First floor has 3 bedrooms and 2 full bathrooms, plus a full basement for storage. 2nd floor is 2 bedrooms 1 bathroom, 2 levels of living, over-sized rooms. Very large backyard, nice gardens, full unfinished walk-out basement. Positive cash flow from day 1.

Last Agent to Sell the Property

Michael Church

Michael Church License #REB.0789789 Listed on: 03/01/2021

Last Buyer's Agent

Ming Zheng

Fortune Realty & Investments License #REB.0795613

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,612

Year Built

  • Built in 1894

Lot Details

  • 6,098 Sq Ft Lot
  • Sloped Lot

Home Design

  • Stone Foundation
  • Asphalt Shingled Roof
  • Wood Siding
  • Shingle Siding
  • Masonry

Interior Spaces

  • 2,082 Sq Ft Home
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Attic

  • Walkup Attic
  • Finished Attic

Parking

  • Parking Deck
  • On-Street Parking

Outdoor Features

  • Beach Access
  • Deck
  • Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,612

Year Built

Built in 1894

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Neighborhood: South Norwalk
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2082
  • Public Record Living Room Sq Ft: 2082
  • Total Sq Ft: 2082
  • Year Built: 1894
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3616
  • Directions: MLK, Lowe to Ely to Lexington
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Walk-up, Finished
  • Basement Description: Full, Partially Finished
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck, Porch
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: Masonry

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Heat Type: Hot Air, Hot Water
  • Heat Fuel Type: Oil
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1400
  • Lot Description: Sloping Lot
  • Zoning: NB

Multi Family

  • Unit Count: 2
  • Total Multi Family: 11
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 5612
  • Mil Rate Base: 22.250
  • Mil Rate Tax District: 1.706
  • Assessor Parcel Number: 234639

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Apr 30, 2021
Sold by
Nutmeg Enterprises 2 Llc
Bought by
Zheng Stanley T
Seller's Agent
Michael Church
Michael Church
Buyer's Agent
Ming Zheng
Fortune Realty & Investments
List Price
$399,000
Sold Price
$392,000
Premium/Discount to List
-$7,000
-1.75%
Current Estimated Value
$610,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,012
Avg. Annual Appreciation
9.55%
Original Mortgage
$313,600
Outstanding Balance
$284,200
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$325,812

Purchase Details

Closed on
Dec 6, 2005
Sold by
Valdez Fredy and Valdez Jinnette
Bought by
Schreier Aron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
6.5%

Purchase Details

Closed on
May 16, 2000
Sold by
Tourigny Elaine and Masse Sandra
Bought by
Valdez Fredy and Valdez Jinnete

Purchase Details

Closed on
Dec 30, 1999
Sold by
Delallo Jos and Delallo Theresa
Bought by
Tourignx Elaine and Delallo Joseph
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zheng Stanley T $392,000 None Available
Zheng Stanley T $392,000 None Available
Schreier Aron $460,000 --
Schreier Aron $460,000 --
Valdez Fredy $150,000 --
Valdez Fredy $150,000 --
Tourignx Elaine $75,000 --
Tourignx Elaine $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Stanley T $313,600
Closed Zheng Stanley T $313,600
Previous Owner Tourignx Elaine $368,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $392,000 -1.8% $188 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $399,000 0.0% $192 / Sq Ft
06/30/2019 06/30/19 Rented $2,000 0.0% --
04/16/2019 04/16/19 For Rent $2,000 -- --
Source: SmartMLS

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 $8,779 $367,310 $104,830 $262,480
2024 $8,648 $367,310 $104,830 $262,480
2023 $5,877 $234,270 $90,090 $144,180
2022 $5,750 $234,270 $90,090 $144,180
2021 $5,615 $234,270 $90,090 $144,180
2020 $5,612 $234,270 $90,090 $144,180
2019 $5,462 $234,270 $90,090 $144,180
2018 $4,549 $170,980 $80,990 $89,990
2017 $4,391 $170,980 $80,990 $89,990
2016 $4,350 $170,980 $80,990 $89,990
2015 $4,338 $170,980 $80,990 $89,990
2014 $4,282 $170,980 $80,990 $89,990
Source: Public Records

Agents Affiliated with this Home

  • Michael Church

    Seller's Agent in 2021

    Michael Church

    Michael Church

    (203) 354-0213

    4 in this area

    65 Total Sales

    Michael Church
    Section Image

  • M

    Buyer's Agent in 2021

    Ming Zheng

    Fortune Realty & Investments

    (203) 685-8868

    1 in this area

    24 Total Sales

    Ming Zheng
    Section Image
  • Ariel Tapia

    Buyer's Agent in 2019

    Ariel Tapia

    Century 21 AllPoints Realty

    (203) 286-9073

    4 Total Sales

    Ariel Tapia
    Section Image
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Map

Source: SmartMLS

MLS Number: 170366794

SmartMLS

APN: NORW-000002-000075-000040

Connecticut Fairfield County Norwalk 06854 South Norwalk

71 Lexington Ave, Norwalk, CT

Not Listed for Sale

MultiFamily

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