NOT LISTED FOR SALE

8 Lockwood Ln Norwalk, CT 06851

Downtown Norwalk Neighborhood

Estimated Value: $508,000 - $565,000

3 Beds
1 Bath
1,180 Sq Ft
$456/Sq Ft Est. Value

Last Sold July 22, 2021

Last sale price $341,000 $289 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,435/month

7 Days on Market

Highlights

  • Beach Access
  • No HOA
  • Hot Water Heating System
  • Colonial Architecture
  • Hot Water Circulator
  • 4-minute walk to Eric Malmquist Baseball Diamond

About This Home

As of July 2021

Come check out one of those most Affordable homes in Norwalk, in the Extremely Coveted Neighborhood of Bettswood. In this market, a rare opportunity for a buyer to get Value. Character and Charm abounds in this home. Come with some elbow grease and make it your own. Excellent yard to entertain in. Quiet side street, yet close proximity to ALL shopping. Minutes from the Beach, Minutes from the Train Station, Minutes from Westport Ave shopping, Minutes from CT Ave Shopping, a minute from I-95 and the Rt. 7 Connector.

Last Agent to Sell the Property

Michael Church

Michael Church License #REB.0789789 Listed on: 07/13/2021

Last Buyer's Agent

omar arce

Marr Caruso Realty Group License #RES.0794989

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,728

Year Built

  • Built in 1940

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Masonry

Interior Spaces

  • 1,180 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Gas Range
  • Laundry on lower level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Beach Access

Utilities

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

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,728

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Neighborhood: Bettswood Area
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1180
  • Public Record Living Room Sq Ft: 1180
  • Total Sq Ft: 1180
  • Year Built: 1940
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1826
  • Directions: East Ave to Lockwood Lane, first home on the right
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Full, Unfinished
  • Appliances: Gas Range, Refrigerator
  • Laundry Room Info: Lower Level
  • Attic: No

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Masonry
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.1600
  • Lot Description: Level Lot
  • Zoning: B

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 5728
  • Mil Rate Base: 22.250
  • Mil Rate Tax District: 1.706
  • Assessor Parcel Number: 231010

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
Jul 13, 2021
Closed on
Jul 22, 2021
Sold by
Norwalk Inc
Bought by
Vargas Luis
Seller's Agent
Michael Church
Michael Church
Buyer's Agent
omar arce
Marr Caruso Realty Group
List Price
$349,000
Sold Price
$341,000
Premium/Discount to List
-$8,000
-2.29%
Current Estimated Value
$538,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,568
Avg. Annual Appreciation
11.30%
Original Mortgage
$331,550
Outstanding Balance
$301,106
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$237,462
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
Vargas Luis $349,000 None Available
Vargas Luis $349,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Luis $331,550
Closed Vargas Luis $331,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2021 07/22/21 Sold $341,000 -2.3% $289 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $349,000 -- $296 / 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 $7,402 $309,700 $150,690 $159,010
2024 $7,292 $309,700 $150,690 $159,010
2023 $5,998 $239,110 $138,130 $100,980
2022 $5,869 $239,110 $138,130 $100,980
2021 $5,731 $239,110 $138,130 $100,980
2020 $5,728 $239,110 $138,130 $100,980
2019 $5,575 $239,110 $138,130 $100,980
2018 $6,021 $226,310 $151,350 $74,960
2017 $5,812 $226,310 $151,350 $74,960
2016 $5,757 $226,310 $151,350 $74,960
2015 $5,741 $226,310 $151,350 $74,960
2014 $5,667 $226,310 $151,350 $74,960
Source: Public Records

Agents Affiliated with this Home

  • Michael Church

    Seller's Agent in 2021

    Michael Church

    Michael Church

    (203) 354-0213

    12 in this area

    67 Total Sales

    Michael Church
    Section Image

  • o

    Buyer's Agent in 2021

    omar arce

    Marr Caruso Realty Group

    (203) 550-1077

    1 in this area

    33 Total Sales

    omar arce
    Section Image
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Map

Source: SmartMLS

MLS Number: 170416117

SmartMLS

APN: NORW-000001-000054-000005

Connecticut Fairfield County Norwalk 06851 Downtown Norwalk

8 Lockwood Ln, Norwalk, CT

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