NOT LISTED FOR SALE

Estimated Value: $769,046 - $976,000

4 Beds
3 Baths
3,350 Sq Ft
$257/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $1,050,000 $313 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $5,483/month

170 Days on Market

Highlights

  • Beach Access
  • Attic
  • 1 Car Detached Garage
  • Property is near public transit
  • No HOA
  • Public Transportation

About This Home

As of August 2023

Fantastic opportunity to purchase a 2 family w/additional lot next door. Located in desirable Cove location in CN Commercial Zone. Walking distance to Chelsea Piers, HSS Orthopedics, NBC Sports, Cove Beach, K.T. Murphy Elementary, & minutes to I-95, Stamford Metro North, water front community Harbor Point, equidistant to downtown Stamford and Darien center. The two Family is compromised of a 2 bed 1 bath on the second floor. 1st floor has a 2 bed 1 bath and a finished lower level w/in law set up. All units have laundry in unit. Oversized 1 car garage as well as a parking lot for up to 5 cars. Tenants have all lived there for 10+ years, are all on month to month basis and pay their rent on time. The lot next door has 48.72 ft of road frontage and is currently approved for a garden center/landscape business. Inquire w/listing agents about other potential commercial/residential building opportunities. Fantastic road frontage in frequently traveled location. Lot is also for sale separately at $450,000 see MLS#170547182.

Last Agent to Sell the Property

Max Dober

Keller Williams Prestige Prop. License #RES.0799071 Listed on: 02/01/2023

Keller Williams Prestige Prop.

Co-Listed By

Katryna Margolies

Keller Williams Prestige Prop. License #RES.0823086

Last Buyer's Agent

Juan Garcia

Sunbelt Sales & Development License #REB.0755610

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,078

Year Built

  • Built in 1928

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Storage

Parking

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

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Radiator
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,078

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Neighborhood: Cove
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2550
  • Public Record Living Room Sq Ft: 2550
  • Sq Ft Est Heated Below Grade: 800
  • Total Sq Ft: 3350
  • Year Built: 1928
  • Nearby Amenities: Basketball Court, Lake, Medical Facilities, Park, Public Rec Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Remarks Public Addendum: Ask listing agent for more information and see supplements for property data.
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3510
  • Tax Year Updated Dt: 07/18/2023
  • Directions: Cove Road to #796
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full With Walk-Out, Fully Finished, Heated, Walk-out, Storage, Sump Pump
  • Laundry Room Info: Washer/Dryer All Units
  • Attic: Yes
  • Street Number Modifier: 796

Exterior Features

  • Exterior Features: Gutters, Lighting
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Driveway, Off Street Parking
  • Garages Number: 1
  • Driveway Type: Paved

Utilities

  • Heat Type: Baseboard, Radiator
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.2200
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: CN

Multi Family

  • Unit Count: 4
  • Total Multi Family: 8
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 10078
  • Total Assessed Value: 399290
  • Mil Rate Base: 25.240
  • Mil Rate Total: 25.240
  • Assessor Parcel Number: 323823

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
Feb 1, 2023
Closed on
Jul 30, 2023
Sold by
796 Cove Road Llc
Bought by
Menk Real Estate 2 Llc
Seller's Agent
Max Dober
Keller Williams Prestige Prop.
Buyer's Agent
Juan Garcia
Sunbelt Sales & Development
List Price
$1,199,000
Sold Price
$1,050,000
Premium/Discount to List
-$149,000
-12.43%
Views
309
Current Estimated Value
$860,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$189,738
Avg. Annual Appreciation
-8.25%
Original Mortgage
$650,000
Outstanding Balance
$629,747
Interest Rate
6.81%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$249,518

Purchase Details

Closed on
Oct 18, 2019
Sold by
Servidio John and Servidio Rosanna
Bought by
796 Cove Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
3.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Menk Real Estate 2 Llc -- None Available
Menk Real Estate 2 Llc -- None Available
Menk Real Estate 2 Llc -- None Available
796 Cove Road Llc -- --
796 Cove Road Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menk Real Estate 2 Llc $650,000
Closed Menk Real Estate 2 Llc $650,000
Previous Owner Servidio John $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $1,050,000 -12.4% $313 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $1,199,000 -- $358 / 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 $9,551 $399,290 $191,320 $207,970
2024 $9,327 $399,290 $191,320 $207,970
2023 $10,078 $399,290 $191,320 $207,970
2022 $8,099 $298,080 $138,640 $159,440
2021 $8,030 $298,080 $138,640 $159,440
2020 $7,854 $298,080 $138,640 $159,440
2019 $7,672 $291,170 $138,640 $152,530
2018 $7,434 $291,170 $138,640 $152,530
2017 $6,246 $232,290 $113,640 $118,650
2016 $6,067 $232,290 $113,640 $118,650
2015 $5,907 $232,290 $113,640 $118,650
2014 $5,758 $232,290 $113,640 $118,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170547177

SmartMLS

APN: STAM-000001-000000-002657